Cyprus Forex License

A Cyprus Forex License is one of the most reputable licenses to have, relative to trader protection, banking structures, EU passport and future organizational setup.

Operating via a Cyprus Investment Firm (CIF), supervised by CySEC under EU Regulations and harmonized with MiFID ii, a brokerage can provide STP or Market Maker activities with a list of ancillary services to complement its service to its clients.

Below you will find all brokers currently holding a Cyprus forex license, links to a detailed article on a Cysec license application and the country’s current economic data (via rss feed).

Last update: June 2024

Cyprus Forex License

Cyprus economy
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Cyprus forex license
overview

Average Application Cost
Contact us
Office requirements
Yes

Employees required

Yes

Capital Requirements
€75,000-€750,000
Regular reporting
Yes

Publicly Recorded Info
Yes

Cyprus Forex License (CySEC) requirements

A Cyprus Forex License application process requires a diligent and accurate methodology that has an impact on the authorization time frames and outcome.

How to apply?

  1. Choose a promoter for your Cyprus forex license application – As mentioned above, a clean, accurate and detailed application requires experience and can have a significant impact on the time frames.
  2. Register a Cyprus company. Complete the KYC verification process and incorporation documents, provide local registered address and directors. Its our job to help you find the right fit if required.
  3. Complete the CySEC license application form, gather necessary documentation, submit application, respond to inquiries from the regulator and provide additional documentation if and when required.
  4. Activate your Cyprus Forex License after conditional approval is granted. Setup office, hire key employees, finalize technology/equipment and pass the final CySEC inspection.

 

*more information on the investment services law can be found here

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Brokers with a Cyprus forex license 
regulated by CySEC

#Company NameLicense #
13D Global Financial Services Ltd063/06
27Q Financial Services Ltd (ex XS Capital Securities and Financial Services Ltd)061/05
3A. ETERNITY CAPITAL MANAGEMENT LTD346/17
4A.J.K. Wealth Management Ltd139/11
5A.N. ALLNEW INVESTMENTS LTD344/17
6A.T.I. Associates (Cyprus) Ltd091/08
7AAA Trade Ltd244/14
8ABRIS-CEE HOLDINGS LIMITED389/20
9AC Markets (Europe) Ltd (ex LTTRADER LTD) 350/17
10Accuindex EU Limited (ex Ruizean Markets Ltd) (ex RZT CAPITAL LTD)340/17
11Admiral Markets Cyprus Ltd (ex Admiralex Ltd) 201/13
12AEONIC SECURITIES C.I.F. PLC (ex Solidus Securities Cyprus C.I.F Ltd)177/12
13ALBOURNE CYPRUS LIMITED404/21
14ALFA CAPITAL MARKETS LTD387/20
15ALMA EUROPE LTD 408/22
16Amana Capital Ltd (ex Amana Capital (Cyprus) Ltd)155/11
17AMP Global Ltd (ex AMP Global Clearing Ltd) (ex. AMP GLOBAL CLEARING HOLDING LTD)360/18
18APME FX TRADING EUROPE LTD335/17
19AQUILLA NUMMUS LTD345/17
20Argus Stockbrokers Ltd010/03
21ARISTEUS FINANCIAL SERVICES LTD324/17
22ARUMPRO CAPITAL LTD 323/17
23ATFX GLOBAL MARKETS (CY) LIMITED (ex POSITIVA MARKETS (CY) LTD)285/15
24ATHLOS CAPITAL INVESTMENT SERVICES LIMITED (ex I.P. ATHLOS CAPITAL LIMITED)348/17
25Atlantic Securities Ltd005/03
26Atonline Ltd104/09
27AXIA Ventures Group Ltd (ex Axia Ventures (Cyprus) Ltd) 086/07
28AYERS ALLIANCE FINANCIAL GROUP LIMITED (ex Harborx Ltd)230/14
29AYOMI FINANCIAL SERVICES LIMITED402/21
30B.I.S. BLUEPORT INVESTMENT SERVICES LTD (ex B.I.A. BLUEPORT INVESTMENT ADVISORS LTD) 302/16
31B2B Prime Services EU Ltd (ex MENASECURITIES LIMITED)370/18
32BCM Begin Capital Markets CY Ltd (ex OX CAPITAL MARKETS LTD) 274/15
33BDSwiss Holding Ltd (ex Bdswiss Holding Plc) (ex Keplero Holdings Limited) 199/13
34BLACKTOWER FINANCIAL MANAGEMENT (CYPRUS) LTD386/20
35BOSON ALFA LTD 314/16
36BrightPool Limited (ex EUROPEAN BROKER TECHNOLOGY LIMITED)378/19
37BROCTAGON PRIME LTD320/17
38BrokerCreditService (Cyprus) Ltd048/04
39BUX EUROPE LTD (ex HUA REN (CYPRUS) FINANCIAL LIMITED)374/19
40CAPITAL COM SV INVESTMENTS LTD 319/17
41CDG Global (EU) Ltd (ex EVEST LIMITED)332/17
42CEX MARKETS LTD (ex CEX.IO MARKETS LTD)381/19
43CHARLGATE LTD (ex BLIMERIN LTD)367/18
44CHASE BUCHANAN LTD287/15
45Colmex Pro Ltd123/10
46CONOTOXIA LTD336/17
47Credit Financier Invest (CFI) Ltd (ex CFI Markets Ltd)179/12
48CROWDBASE LTD410/22
49D.T. DIRECT INVESTMENT HUB LTD347/17
50DOTO EUROPE LTD (ex VASBY CAPITAL MARKETS LIMITED)399/21
51Dragon Capital (Cyprus) Ltd112/10
52Easy Forex Trading Limited079/07
53EDR FINANCIAL LTD 268/15
54EFG CYPRUS LIMITED393/20
55Eight Plus Capital Ltd (ex Acier FX Ltd) (ex ARGUSFX LTD)334/17
56Eightcap EU Ltd (ex R CAPITAL SOLUTIONS LTD)246/14
57Emergo Wealth Ltd232/14
58Emporium Capital K.A Ltd358/18
59EQUITI GLOBAL MARKETS LTD415/22
60Etoro (Europe) Limited (ex RetailFX Ltd) 109/10
61Eurivex Ltd 114/10
62EUROTRADE INVESTMENTS RGB LTD279/15
63EXCLUSIVE CHANGE CAPITAL LTD330/17
64Exness (Cy) Limited178/12
65EXOVO LTD 417/22
66EXT LTD (ex M&L Invest Union Markets Ltd) 165/12
67FATHOM WEALTH MANAGEMENT ADVISORS LTD 306/16
68FIBO Group Holdings Ltd118/10
69FIDUS INVESTMENTS CYPRUS LTD (ex A.S. Fidus Ltd)326/17
70FIRST PRUDENTIAL MARKETS LTD371/18
71FOREX TB LTD 272/15
72Forextime Ltd 185/12
73FORTRADE CYPRUS LTD385/20
74FP ASSET MANANGEMENT CYPRUS LTD317/17
75Freedom Finance Europe Ltd (ex FREEDOM FINANCE CYPRUS LIMITED) 275/15
76FX Central Clearing Ltd121/10
77FXCM EU LTD392/20
78FXGlobe Limited 205/13
79FXNET Limited 182/12
80FXOPEN EU Ltd (ex AMB PRIME LTD)194/13
81FXPRO Financial Services Ltd (ex Euroorient Securities and Financial Services Ltd)078/07
82GBE BROKERS LTD (ex GBE Safepay Transactions Ltd)240/14
83Global Capital Securities and Financial Services Ltd015/03
84Global Trade CIF Ltd (ex Vistabrokers CIF Ltd) 190/13
85GO MARKETS LTD (ex GALACTUS LTD) 322/17
86Goldenburg Group Limited242/14
87GPB Financial Services Ltd113/10
88GRANDIS SECURITIES LTD343/17
89GRANFELD WEALTH MANAGEMENT LTD260/14
90GREENPOST TRADING EUROPE LTD 420/22
91Growell Capital Ltd 214/13
92GVD KORIMCY LTD  411/22
93GWG (CYPRUS) LIMITED (ex GAMETECH (CYPRUS) LTD)291/16
94H.C.F.S. HIGH CAPITAL FINANCIAL SERVICES LTD368/18
95Harindale Ltd (ex ICC INTERCERTUS CAPITAL LTD) 301/16
96HF Markets (Europe) Ltd 183/12
97HOLBORN ASSETS WEALTH MANAGEMENT (CY) LTD394/20
98Holiway Investments Limited248/14
99HYCM (EUROPE) LTD (ex FTSL Financial Trading Solutions Limited)259/14
100I.W.G INTERNATIONAL WEALTH GROUP LTD380/19
101IC MARKETS (EU) LTD362/18
102ICFD LIMITED (ex iFOREX (Cyprus) Ltd) 143/11
103IFCM CYPRUS LIMITED (ex Infin Markets Ltd)147/11
104IGM FOREX LTD309/16
105IKOS CIF Ltd060/05
106Indication Investments Ltd 164/12
107INITIAL MERIT SECURE LTD (ex Nextrade Worldwide Ltd)229/14
108INSTANT TRADING EU LTD (ex TRADOMART LTD)266/15
109IQOPTION EUROPE LTD (ex INVESTLAB HOLDINGS LTD)247/14
110ISEC Wealth Management Ltd (ex INNOVATIVE SECURITIES ASSETS MANAGEMENT (EU) LTD)356/18
111ITRADE GLOBAL (CY) LTD298/16
112JFD GROUP LTD (ex JFD Brokers Ltd) 150/11
113JIN DAOCHENG LTD 316/16
114JUSTMARKETS LTD (ex JUSTFOREX LTD)401/21
115KAB Strategy Ltd058/05
116KEY WAY INVESTMENTS LTD292/16
117L.F. INVESTMENT LIMITED 271/15
118LEVERATE FINANCIAL SERVICES LTD160/11
119LIME TRADING (CY) LTD (ex JUST2TRADE ONLINE LTD) (ex CLICK2TRADE INVESTMENT GROUP LTD)281/15
120LIRUNEX LTD 338/17
121LITEFOREX (EUROPE) LTD (ex Mayzus Investment Company Ltd)093/08
122LMAX BROKER EUROPE LIMITED (ex. CB CAPITAL BUSINESS LTD) 310/16
123LUNA WEALTH ASSET MANAGEMENT LTD379/19
124LYDYA FINANCIAL LTD 300/16
125MAGIC COMPASS LTD 299/16
126MAGNASALE TRADING LTD264/15
127Marcuard Heritage (Europe) Ltd (ex Marcuard (Cyprus) ltd131/11
128MCA Intelifunds Ltd126/10
129Mega Equity Securities and Financial Services Public Ltd011/03
130MERBA LIMITED (ex. XTRADE EUROPE LTD) (ex XFR Financial Ltd)108/10
131MERCORIX LIMITED (ex Symmetria F.S. Ltd)228/14
132MeritKapital Ltd077/06
133MEXEM LTD325/17
134MOUNT NICO CORP LTD (ex Nico Financial NF Ltd)226/14
135MTG LIQUIDITY LIMITED390/20
136Naxex Invest Ltd (ex Depaho Ltd) 161/11
137NBH Markets EU Limited (ex FIDELISCM (CYPRUS) LIMITED) 208/13
138NBI Investments Limited 162/12
139NFS NETWORK FINANCIAL SERVICES LTD328/17
140NORDSKOV CAPITAL LTD  406/21
141NOTELY TRADING LTD383/20
142Notesco Financial Services Limited (ex IronFX Global Limited)125/10
143Numisma Capital Ltd122/10
144NΑGA MARKETS EUROPE LTD (ex NAGA MARKETS LTD)204/13
145OBR Investments Limited 217/13
146OCTA MARKETS CYPRUS LTD (ex OCTAFX EUROPE LTD)372/18
147Omega Funds Investment Ltd102/09
148One Plus Capital Ltd111/10
149ORBEX Ltd (ex AFB FX Ltd)124/10
150OTKRITIE BROKER LTD 294/16
151Oval Money (Europe) Ltd (ex Monecor (Europe) Limited) (ex Minden Investments and Insurance Advisers and Sub Agents Ltd)096/08
152PACIFIC UNION GROUP LTD (ex BRIGHTFX CAPITAL LTD)342/17
153PEPPERSTONE EU LIMITED388/20
154Performance Ronnaru Company Ltd253/14
155PLUM MONEY CY LIMITED407/21
156Plus500CY Limited250/14
157PRICEWATERHOUSECOOPERS INVESTMENT SERVICES (CYPRUS) LIMITED351/17
158Primus Global Ltd (ex FX PRIMUS EUROPE (CY) LTD)261/14
159Prochoice Χρηματιστηριακή Ltd100/09
160Prodigit Investments Ltd 200/13
161PROSPERGATE CAPITAL LTD361/18
162Pruden Ventures Capital Ltd (ex Constance Investment Ltd) 263/14
163RED MARS CAPITAL LTD396/21
164REDFIN CAPITAL LTD375/19
165REDPINE CAPITAL LTD391/20
166Renaissance Securities (Cyprus) Ltd053/04
167ROBOMARKETS LTD (ex Roboforex (Cy) Ltd ) 191/13
168ROCKFROST LTD412/22
169Roemer Capital (Europe) Limited (ex Sinara Financial CORPORATION (Europe) Ltd)305/16
170RONIN EUROPE LTD (ex Nomos Investment (Cyprus) Ltd)081/07
171ROYAL FINANCIAL TRADING (CY) LTD 312/16
172RYNAT TRADING LTD303/16
173Safecap Investments Ltd (ex Arbat Capital Ltd)092/08
174Sheer Markets (Cyprus) Ltd (ex AUDAX MARKETS LTD)395/20
175SIB (Cyprus) Limited (ex TD Investments Limited)066/06
176SKANESTAS INVESTMENTS LTD251/14
177Skilling Limited (ex FINOVEL CYPRUS LTD)357/18
178Skybound Wealth Europe Ltd (ex FENIX CAPITAL MARKETS TRADING LTD)308/16
179SM Capital Markets Ltd (ex ABC 123 (CY) LIMITED) 339/17
180SMSG LIMITED 403/21
181Solid Financial Services Ltd065/06
182SQUARED FINANCIAL (CY) LIMITED (ex ASPIDE FINANCIAL LIMITED)329/17
183STAK FX LTD397/21
184STONEX EUROPE LTD (ex GAIN CAPITAL EUROPE LIMITED)400/21
185STREAMS FINANCIAL SERVICES LTD376/19
186SWISSQUOTE CAPITAL MARKETS LIMITED422/22
187T.C.R. INTERNATIONAL LTD (ex 1 T.C.R. CORP. LTD)237/14
188TEC INTERNATIONAL (CYPRUS) LIMITED 382/20
189Teletrade-DJ International Consulting Ltd158/11
190TF Global Markets (Europe) Ltd (ex A-Conversio Capital Ltd)215/13
191TFI Markets Ltd117/10
192The Cyprus Investment and Securities Corporation Ltd003/03
193THE FIRST INTERSTELLAR CAPITAL LIMITED (ex Olikriet Capital Limited) 166/12
194Tickmill Europe Ltd (ex VIPRO MARKETS LTD)278/15
195TITANEDGE SECURITIES LTD405/21
196TOPFX Ltd138/11
197Trade Capital Markets (TCM) Ltd (ex Leadcapital Markets Ltd)227/14
198TRADESTONE LIMITED331/17
199TRADING 212 MARKETS LTD398/21
200Trading Point Asset Management Limited256/14
201Trading Point Of Financial Instruments Ltd120/10
202TRIANGLEVIEW INVESTMENTS LTD384/20
203Triumph Int. (Cyprus) Limited (ex G.S.E GOLDEN SKY EUROPE LTD)293/16
204TRUST CAPITAL TC LTD369/18
205TTCM Traders Trust Capital Markets Ltd107/09
206UBK Markets Ltd 186/12
207UGM SECURITIES LTD352/17
208UR TRADE FIX LTD282/15
209Veles International Ltd075/06
210VM VITA MARKETS LTD373/19
211VSTAR & SOHO MARKETS LTD (ex MKFOREX LTD)409/22
212W.G. WEALTH GUARDIAN LTD353/17
213WGM Services Ltd 203/13
214Windsor Brokers Ltd030/04
215Wisdompoint Capital Ltd (ex Tradernet Limited) 219/13
216WISE WOLVES FINANCE LTD337/17
217WONDERINTEREST TRADING LTD307/16
218X Global Markets Ltd (ex Fxridge Limited) 171/12
219XF SERVICES LTD  413/22
220XSpot Wealth (EU) Ltd (ex X SPOT MARKETS (EU) LTD) 235/14
221XTB LIMITED (ex DUB Investments Ltd) 169/12
222ZEMBLANCO INVESTMENTS LTD277/15
223Zerich Securities Ltd 115/10

*Cyprus Forex License – Investment Services terms

Reception and Transmission of orders – The immediate transmission of a received order (buy/sell order) to a counterparty (Liquidity Provider) for execution.

Execution of orders on behalf of clients – Acting to conclude agreements to buy or sell one or more financial instruments on behalf of clients and includes the conclusion of agreements to sell financial instruments issued by an investment firm or a credit institution at the moment of their issuance.

Dealing on own account – Trading against proprietary capital resulting in the conclusion of transactions in one or more financial instruments.

Portfolio management – Managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more financial instruments.

Investment advice – The provision of personal recommendations to a client either upon its request or at the initiative of the investment firm, in respect of one or more transactions relating to financial instruments.

Underwriting and placing of financial instruments – Act by which the CIF is hired by an issuer (of new shares) to raise capital, by selling the new shares to investors. Placing (under MiFID) involves primary market (new shares) and not secondary market (redistribution of existing shares).

With a firm commitment basis – The CIF arranging the placing undertakes to purchase those MiFID financial instruments if it fails to place them with third parties (investors).

Without a firm commitment basis – The CIF arranging the placing does not undertake to purchase those MiFID financial instruments, if it fails to place them with third parties (investors).

 

Last update December 2019 – Brokers constantly change their regulatory statuses and conditions. It is highly recommended to verify relevant information for more accurate results. To see the most updated list, please visit the regulator’s website here.

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