Best Market Maker Brokers in Cyprus
Compare the best market maker brokers in Cyprus with fixed or variable spreads, instant execution and reliable trading conditions.
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Market Maker
15.4.26
A Market Maker broker acts as the counterparty to your trades, setting its own bid and ask prices. This model allows brokers to offer tight spreads, fast execution, and access to a wide range of instruments — including forex, CFDs on stocks, indices, and commodities. The brokers listed below are internationally regulated Market Makers with a strong global presence.
AvaTrade
AvaTrade holds a direct CySEC license in Cyprus — genuine local regulatory oversight. For Cypriot traders looking beyond the standard local broker landscape, AvaTrade's 1,260+ instruments including vanilla options and futures, copy trading via DupliTrade and AvaProtect trade insurance offer meaningful product depth.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NAGA
A particularly relevant pick for Cypriot traders — NAGA is regulated by CySEC, which means strong local oversight. Suits active traders who want a genuine social feed alongside CFD and real stock trading from a single, well-regulated platform.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.24% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FxPro
A natural fit for Cypriot traders seeking a locally rooted, well-regulated broker. FxPro is headquartered in Limassol and holds CySEC regulation directly — few global brokers have that kind of proximity to the local market.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Plus500
Plus500 holds a CySEC licence locally. It's not the most feature-rich platform and spreads aren't market-leading, but the combination of local regulation, FTSE 250 listing and commission-free trading on 2,800+ instruments is a credible package for Cypriot traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XM
XM is regulated directly by CySEC in Cyprus — genuine local oversight for Cypriot traders. Beyond the regulatory story, the full education ecosystem — daily webinars in 19 languages, XM Live 24-hour streaming analysis, and free in-person seminars at local hotels — makes it one of the more complete regulated options available in this market.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
eToro
eToro is CySEC-regulated in Cyprus — direct local oversight with up to €20,000 investor compensation fund coverage. For Cypriot investors who want real stocks, ETFs and crypto alongside CopyTrader social investing, it's one of the most complete regulated platforms available.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
When choosing a Market Maker broker, focus on regulatory oversight, the quality of the trading platform, spreads, and customer support. Because the broker takes the other side of your trade, regulation by top-tier authorities such as the FCA, ASIC, or CySEC is key to ensuring your funds are protected and the broker operates under strict standards.