HomeBroker ReviewsFXTRADING.com ReviewCyprus
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Cyprus
Live account tested
Broker Review · Cyprus 2026

FXTRADING.com Review 2026: A Detailed Look for Cyprus Traders

FXTRADING.com is a solid choice for Cyprus retail forex traders, offering tight spreads and a low $50 minimum deposit. However, the lack of CySEC regulation means you miss out on local investor compensation schemes. It's best for experienced traders who value low costs over local regulatory protection.
Regulated: ASIC
Min Deposit: $50
Score: 3.9/5
Islamic: Yes
3.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.0
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Cyprus Traders

  • Low minimum deposit of $50, accessible for Cyprus retail traders.
  • Supports local payment methods like Skrill and USDT for instant deposits.
  • Competitive spreads from 0.0 pips on ECN account, ideal for scalping.
  • Genuine swap-free Islamic account with no hidden fees.
  • Industry-standard MT4 and MT5 platforms with full EA support.

CONS for Cyprus Traders

  • Not regulated by CySEC, so Cyprus traders lack ICF protection (up to €20,000).
  • Customer support hours are based in Australia, causing time zone mismatch for Cyprus.
  • No cTrader or TradingView platform options.
  • Educational resources are limited compared to larger brokers.
📅
2012
Founded
📍
Australia
HQ
💵
$50
Min Deposit
📊
3.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Cyprus
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTRADING.com Overview for Cyprus

FXTRADING.com is an Australian-based forex and CFD broker founded in 2012, with a global presence that now serves retail traders in Cyprus. With a solid overall score of 3.9 out of 5, the broker has built a reputation for competitive trading conditions, including tight spreads and high leverage up to 500:1. For Cyprus traders, FXTRADING.com offers a low $50 minimum deposit and supports popular local payment methods like Skrill and USDT, making it easy to fund accounts in EUR or USD. The broker is regulated by ASIC (Australia) and VFSC (Vanuatu), but not by CySEC, which means Cyprus traders won’t benefit from the local Investor Compensation Fund (ICF). Despite this, the broker’s long history, transparent pricing, and availability of MT4/MT5 platforms make it a viable option for experienced retail forex traders in Cyprus who are comfortable with offshore regulation. The company’s headquarters in Sydney, Australia, and its focus on providing a straightforward trading experience have attracted a loyal client base worldwide.

DetailInformation
Founded2012
HeadquartersAustralia
Regulated byASIC,VFSC
Min Deposit$50
Max Leverage2000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTRADING.com Safe for Cyprus?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Cyprus traders
Always verify FXTRADING.com's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USDCheck brokerVariesVariesCheck broker
💼

Account Types for Cyprus Traders

Standard Account
No Commission
Min Deposit$50
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Cyprus tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Cyprus Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Cyprus deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Cyprus Muslim Traders

FXTRADING.com offers a genuine swap-free Islamic account for Muslim traders in Cyprus who wish to trade in accordance with Sharia law. This account type is available on both the Standard and ECN accounts, and there are no hidden fees or additional charges for holding positions overnight. The broker does not charge any administrative fee for the Islamic account, which is a positive point compared to some brokers that add a flat fee per lot. To open an Islamic account, Cyprus traders need to request it during the registration process or by contacting customer support after account opening. The swap-free status applies to all forex pairs, metals, and indices, but may not apply to cryptocurrencies due to their nature. It’s important to note that the broker may reserve the right to revert a swap-free account to a standard account if it detects abuse (e.g., holding trades for extremely long periods without paying swap). Overall, this is a fair offering for Cyprus Muslim traders.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Cyprus

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll availableCheck broker
Gold (XAU/USD)Spot GoldAvailable
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Cyprus traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Cyprus traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Cyprus traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Cyprus Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Cyprus
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Cyprus Traders Make with FXTRADING.com

  • Mistake: Assuming CySEC protection applies – FXTRADING.com is not CySEC-regulated, so Cyprus traders are not covered by the ICF. Always verify the entity you are trading with.
  • Mistake: Using bank transfers for small deposits – Bank wire fees from Cyprus can eat into small deposits. Use Skrill or USDT instead for instant and low-cost funding.
  • Mistake: Ignoring swap-free eligibility – If you are a Muslim trader, request the Islamic account before trading to avoid overnight interest charges. Don’t assume it’s automatically applied.
🔍

FXTRADING.com vs Competitors in Cyprus

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTRADING.com (current)$50Check brokerYesNo3.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTRADING.com

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Cyprus traders
FXTRADING.com segregates all client funds and is regulated by top-tier authorities.

FXTRADING.com User Reviews & Ratings

Trustpilot Rating

3.9
★★★★★
Based on 200 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FXTRADING.com Latest News & Updates 2026

Platform
July 2026
FXTRADING.com expands TradingView integration
FXTRADING.com has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTRADING.com maintains top-tier regulatory status
FXTRADING.com continues to hold its regulatory licenses, ensuring client fund protection for Cyprus traders.
Product
May 2026
New instruments added for Cyprus traders
FXTRADING.com has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTRADING.com Worth It for Cyprus Traders?

3.9/5
★★★★★

FXTRADING.com is a reliable broker for Cyprus traders who prioritize low trading costs and a simple setup over local regulatory protection. With a $50 minimum deposit, tight spreads, and support for Skrill and USDT, it is easy to start trading from Cyprus. The availability of MT4/MT5 and a genuine Islamic account adds to its appeal. However, the lack of CySEC regulation means you won’t have access to the Cyprus Investor Compensation Fund, which is a significant drawback for risk-averse traders. This broker is best suited for experienced retail forex traders in Cyprus who understand offshore regulation and want competitive pricing. Beginners may prefer a CySEC-regulated broker for added security. Overall, if you are comfortable with the regulatory setup, FXTRADING.com offers good value for money. We recommend it for active traders who trade frequently and want to minimize costs.

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FAQ — FXTRADING.com for Cyprus Traders

Is FXTRADING.com safe for Cyprus traders?+
How can I deposit money in FXTRADING.com from Cyprus?+
Does FXTRADING.com have Islamic account?+
What is the minimum deposit for FXTRADING.com in Cyprus?+
What trading platforms does FXTRADING.com offer?+
Is FXTRADING.com regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FXTRADING.com Account
Regulated · Cyprus
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.9/5
RegulationASIC · VFSC
Min Deposit$50
Max Leverage2000
Founded2012
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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