There are many Forex brokers that choose to be domiciled in Cyprus where there are less stringent trading requirements than those imposed by other European financial regulators. CySEC is the financial regulatory agency of the Republic of Cyprus and most Forex brokers that maintain their main offices in either Limassol or Nicosia function under CySEC guidelines.
Because Cyprus is part of Europe and a member of European Union, retail CySEC regulated Forex brokers also have access to all European markets. In addition, CySEC became the first regulatory body to regulate binary options in May, 2012.
Below is a list of the top CySEC regulated brokers. They are listed according to the ratings received by the Daily Forex team who have done all the research and have made it easy for you to select the Forex broker that meets your personal criteria