Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
For Cyprus traders looking to choose between EasyMarkets and FxPro in 2025, the decision comes down to trading style, cost sensitivity, and platform preference. Both brokers are regulated by the Cyprus Securities and Exchange Commission (CySEC), offering the same level of local investor protection and negative balance protection. However, their offerings differ significantly. EasyMarkets scores a 3.4/5 overall, appealing to beginners with its fixed spreads, deal cancelling feature, and simplified platform. FxPro scores a 4.1/5, winning over active and experienced traders with raw spreads from 0.0 pips, multiple platform choices (MT4, MT5, cTrader), and faster execution. Cyprus traders benefit from local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. This comparison breaks down the key factors for retail traders in Cyprus: trading costs, regulation, platforms, and deposit/withdrawal convenience. Understanding these differences will help you pick the broker that matches your risk appetite and trading frequency.
| Instrument | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | FxPro |
When comparing trading costs for Cyprus traders, FxPro offers a clear advantage for active traders. EasyMarkets charges fixed spreads, e.g., 1.2 pips on EUR/USD, with no commission on standard accounts. While this provides predictability, the cost is higher for frequent traders. FxPro provides raw spreads starting from 0.0 pips on its cTrader platform plus a commission of $4.5 per lot round turn. For a Cyprus trader executing 50 lots per month, FxPro's variable pricing can save hundreds of dollars in spread costs. EasyMarkets' fixed spreads become more expensive as volume increases. Additionally, FxPro offers better cost transparency on pairs like GBP/USD and USD/JPY, making it the preferred choice for volume-sensitive strategies.
| Account Type | EasyMarkets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | FxPro |
|---|---|---|
| Cyprus (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Cyprus traders get a broader platform selection with FxPro, which offers MetaTrader 4, MetaTrader 5, and cTrader. This variety allows traders to choose between MT4 for algorithmic trading, MT5 for advanced charting, and cTrader for ECN-style execution. EasyMarkets provides only its proprietary web-based platform and mobile app, which is simpler but lacks advanced order types and custom indicators. For Cyprus traders who rely on Expert Advisors or third-party tools, FxPro is the clear winner. However, beginners may prefer EasyMarkets' user-friendly interface and built-in risk management tools like deal cancellation.
| Factor | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality is a key differentiator. FxPro uses No Dealing Desk (NDD) and ECN models on cTrader, offering ultra-fast execution with minimal slippage. EasyMarkets uses a market maker model with fixed spreads, which can lead to slower execution and requotes during volatile periods. For day traders and scalpers in Cyprus, FxPro's execution is superior. EasyMarkets' execution is adequate for position traders and beginners who prioritise price certainty.
| Safety Factor | EasyMarkets | FxPro |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both EasyMarkets and FxPro are regulated by the Cyprus Securities and Exchange Commission (CySEC), the local financial regulator for Cyprus. This means they must comply with strict capital adequacy requirements, client fund segregation, and negative balance protection under EU MiFID II rules. For Cyprus traders, this ensures that deposits are held in separate accounts and are not used for operational purposes. The regulator also provides access to the Investor Compensation Fund (ICF) for eligible clients up to €20,000. While both brokers offer the same level of local oversight, FxPro's longer operational history and additional licenses (FCA, FSCA) add an extra layer of credibility.
| Payment Method | EasyMarkets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 1 business day |
Cyprus traders can fund their accounts at both EasyMarkets and FxPro using Bank Transfer, Skrill, Neteller, and USDT TRC20. EasyMarkets also accepts credit/debit cards and local bank transfers in EUR and USD. FxPro supports the same methods plus additional e-wallets like PayPal. Minimum deposit for both brokers is $100 via e-wallets and crypto; bank transfers may require higher amounts. Withdrawals are processed within 1-3 business days for e-wallets and up to 5 days for bank transfers. USDT TRC20 deposits are nearly instant with low network fees, a popular option for Cypriot traders looking for speed. Neither broker charges internal fees for deposits, but withdrawal fees may apply for bank transfers. Both brokers accept deposits in USD, which simplifies accounting for Cyprus traders dealing in the US currency.
| Islamic Account Feature | EasyMarkets | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both EasyMarkets and FxPro offer Islamic (swap-free) accounts for Cypriot Muslim traders who require Sharia-compliant trading. EasyMarkets provides swap-free accounts upon request, with no interest charged on overnight positions. However, the broker may apply a service fee after a certain holding period. FxPro also offers Islamic accounts on all platforms (MT4, MT5, cTrader) with no swaps, but positions held beyond a specified period (e.g., 14 days) may incur a handling fee. Cyprus traders should confirm current terms directly with each broker, as policies can change. Overall, both brokers cater well to this segment, with FxPro having a slight edge due to platform flexibility.
| Support Feature | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Cyprus traders can reach both brokers via live chat, email, and phone support during local business hours. EasyMarkets offers 24/5 support in English and Greek, with reasonably fast response times. FxPro provides 24/5 support in multiple languages, including Greek, and is known for quick resolution of technical issues. For urgent queries like withdrawal problems, FxPro's phone support is slightly more efficient. Both brokers have extensive FAQ sections on their Cyprus-facing websites.
| Mobile Feature | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | EasyMarkets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FxPro if you...
For Cyprus traders, FxPro (4.1/5) is the stronger overall choice, especially for active retail traders who rely on low spreads, fast execution, and platform variety. It accepts all local payment methods—Bank Transfer, Skrill, Neteller, USDT TRC20—and is regulated by CySEC, ensuring local protections. EasyMarkets (3.4/5) remains a viable option for beginners or those who prioritise fixed costs and simplicity. However, its higher spreads and limited platforms make it less competitive for regular trading. If you trade frequently or value advanced tools, FxPro is the better fit. For occasional traders who want peace of mind with fixed pricing, EasyMarkets may suffice. Both brokers offer Islamic accounts for Cypriot Muslim traders.