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Markets.com Overview for Cyprus
Markets.com, founded in 2010 and headquartered in Cyprus, is a well-established forex and CFD broker that has become a popular choice for retail traders in Cyprus. With over a decade of operation, the broker serves clients globally but maintains a strong local presence due to its Cypriot roots and regulation by the Cyprus Securities and Exchange Commission (CySEC). For Cyprus traders, Markets.com offers a unique blend of local convenience and international reach, supporting deposits in EUR and USD via local payment methods like Bank Transfer, Skrill, and USDT. The broker provides access to over 2,000 instruments including forex pairs, indices, commodities, and cryptocurrencies, with a maximum leverage of 1:30 for retail clients under CySEC rules (1:300 for professionals). Its overall score of 3.9 reflects reliable regulation, a user-friendly proprietary platform, and decent educational resources, though the absence of MT4/MT5 and higher spreads compared to some competitors may be drawbacks. This review focuses specifically on how Markets.com serves Cyprus traders, covering regulation, costs, account types, and more for 2026.
| Detail | Information |
|---|
| Founded | 2010 |
| Headquarters | Cyprus |
| Regulated by | CySEC,FCA,FSCA,ASIC,FSA,BaFin |
| Min Deposit | $100 |
| Max Leverage | 300 |
| Platforms | — |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is Markets.com Safe for Cyprus?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Cyprus traders
Always verify Markets.com's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
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Account Types for Cyprus Traders
Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | No |
| Copy Trading | No |
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Deposits & Withdrawals — Cyprus Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantCyprus 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.
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Islamic Account — Cyprus Muslim Traders
Markets.com offers a genuine Islamic (swap-free) account for Muslim traders in Cyprus who wish to trade in accordance with Sharia law. This account eliminates all overnight swap fees (interest) on positions, ensuring no riba (interest) is charged or earned. The account is available for all instruments, including forex, commodities, and indices. There are no hidden fees, but if a position is held for an extended period (e.g., over 10 days), an administration fee may be applied. To apply, Cyprus traders need to contact customer support after registration and request the swap-free account. The broker does not require proof of religion, but the account is intended for genuine Islamic traders. This is a strong feature for Muslim traders in Cyprus, as many brokers offer swap-free accounts with conditions. Overall, Markets.com’s Islamic account is transparent and fair.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in Cyprus
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Cyprus traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Cyprus traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Cyprus traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Cyprus Review
Support verdict for Cyprus
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Cyprus Traders Make with Markets.com
- Mistake: Not verifying the CySEC license on the official website (license 092/08) before depositing funds.
- Assuming the standard account has the lowest spreads – check the commission account for better rates if you trade frequently.
- Forgetting to request the Islamic account before trading if you are a Muslim trader; contact support during registration.
- Using Bank Transfer for withdrawals expecting instant processing – Skrill or USDT are faster for Cyprus traders.
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Markets.com vs Competitors in Cyprus
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| Markets.com (current) | $100 | Check broker | Yes | No | 3.9 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — Markets.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
Markets.com segregates all client funds and is regulated by top-tier authorities.
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Markets.com User Reviews & Ratings
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
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Markets.com Latest News & Updates 2026
Markets.com expands TradingView integration
Markets.com has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Markets.com maintains top-tier regulatory status
Markets.com continues to hold its regulatory licenses, ensuring client fund protection for Cyprus traders.
New instruments added for Cyprus traders
Markets.com has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is Markets.com Worth It for Cyprus Traders?
3.9/5
★★★★★
Markets.com is a recommended broker for Cyprus traders, particularly beginners and those who prioritize safety and local regulation. The CySEC license provides strong investor protection, including the ICF and negative balance protection, giving peace of mind. The low $100 minimum deposit and support for local payment methods like Bank Transfer, Skrill, and USDT make it easy to start trading. The Islamic account is a genuine offering for Muslim traders. However, the lack of MT4/MT5 and higher spreads may frustrate experienced traders seeking advanced tools and lower costs. For active traders, the commission-based account may help reduce spreads. Overall, Markets.com is best for retail traders in Cyprus who value regulation, simplicity, and local support over cutting-edge platforms. If you are a beginner or a conservative trader, Markets.com is a solid choice in 2026.
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FAQ — Markets.com for Cyprus Traders
Is Markets.com safe for Cyprus traders?+
How can I deposit money in Markets.com from Cyprus?+
Does Markets.com have Islamic account?+
What is the minimum deposit for Markets.com in Cyprus?+
What trading platforms does Markets.com offer?+
Is Markets.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.