Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
Cyprus traders looking for a reliable forex broker in 2025 often compare FBS and EasyMarkets. FBS, with a score of 3.7/5, is a global broker known for low spreads and flexible trading conditions. EasyMarkets, scoring 3.4/5, is a Cyprus-based broker regulated by the local financial regulator (CySEC), offering a secure environment for EU traders. Both support USD accounts and local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits easy for Cypriots. However, their regulatory status and cost structures differ significantly. FBS appeals to cost-conscious traders who want high leverage and diverse account types, while EasyMarkets attracts those who prioritize regulatory protection and fixed spreads. This comparison breaks down each broker's offerings specifically for Cyprus traders, helping you decide based on your trading style, risk tolerance, and local needs.
| Instrument | FBS | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $25 | EasyMarkets |
For Cyprus traders, trading costs are a key differentiator. FBS offers raw spreads from 0.0 pips on its ECN account, with a commission of $6 per lot round turn. On standard accounts, spreads start at 0.5 pips with no commission. EasyMarkets, in contrast, uses fixed spreads starting from 1.0 pips on major pairs like EUR/USD, with no commission. For high-volume traders in Cyprus, FBS is cheaper per trade, especially when scalping or using EAs. EasyMarkets' fixed spreads provide cost certainty, which is beneficial during volatile market events. Over 100 trades per month, FBS can save Cyprus traders up to 40% on spreads compared to EasyMarkets, but the latter's zero-commission model simplifies cost calculations.
| Account Type | FBS | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $25 |
| Entity / Asset | FBS | EasyMarkets |
|---|---|---|
| Cyprus (offshore) | Up to 1:3000 | Up to 1:2000 |
| Forex major pairs | 1:3000 | 1:2000 |
| 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 | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and 5, popular among Cyprus traders for their advanced charting and automated trading. FBS also provides its own FBS Trader app, which is mobile-friendly and supports social trading features. EasyMarkets offers its proprietary web platform with risk management tools like dealCancellation and free guaranteed stop-losses, which are unique in the market. For Cyprus traders who trade on the go, FBS's mobile app is more versatile, while EasyMarkets' platform appeals to beginners who want extra protection. Both support VPS for algorithmic trading, but FBS has a broader range of compatible EAs.
| Factor | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FBS uses NDD (No Dealing Desk) execution with an average speed of 0.3 seconds, suitable for scalping and EA trading. EasyMarkets uses a market maker model with instant execution, but requotes can occur during high volatility. For Cyprus traders who trade news events or use automated strategies, FBS offers faster and more reliable order execution. EasyMarkets' execution is stable but slower, with an average of 0.5 seconds. FBS also supports ECN accounts with direct market access, providing better fills for large volumes.
| Safety Factor | FBS | EasyMarkets |
|---|---|---|
| Primary regulator | IFSC | CySEC |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC, the local financial regulator in Cyprus, ensuring compliance with EU MiFID II standards, including negative balance protection and investor compensation up to €20,000. FBS is regulated internationally by the FSC (Belize) and CySEC (for EU clients via its Cyprus entity), but its main operations are offshore. For Cyprus traders, EasyMarkets offers stronger local oversight and legal recourse, making it the safer choice for risk-averse traders. FBS provides high leverage up to 1:3000, but without the same level of deposit protection. If regulatory security is your priority, EasyMarkets is the better option for Cyprus residents.
| Payment Method | FBS | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 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) |
Cyprus traders can fund both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. FBS supports these methods with instant processing for e-wallets and crypto, and bank transfers take 1-3 business days. Minimum deposits start at $10 for FBS and $100 for EasyMarkets. Withdrawals at FBS are processed within 24 hours for e-wallets and crypto, while EasyMarkets takes 1-2 business days. USDT TRC20 is particularly convenient for Cyprus traders due to low fees and fast settlement. FBS does not charge deposit fees, but EasyMarkets may apply a small fee for bank transfers. Both brokers support local bank accounts in Cyprus, making EUR and USD transfers straightforward.
| Islamic Account Feature | FBS | EasyMarkets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in Cyprus seeking swap-free accounts, both FBS and EasyMarkets offer Islamic accounts. FBS provides Islamic accounts on all account types with no extra charges, though spreads may be slightly wider on some instruments. EasyMarkets offers Islamic accounts upon request, with no swap fees for up to 30 days; after that, a small admin fee applies on positions held longer. FBS is more flexible for long-term holding, while EasyMarkets is suitable for short-term traders. Both brokers ensure compliance with Sharia law by not charging or paying interest. Cyprus traders should check each broker's terms, as FBS requires a minimum deposit of $50 for Islamic accounts, while EasyMarkets has no separate minimum.
| Support Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 multilingual support via live chat, email, and phone, with a dedicated team for Cyprus traders in English and Greek. EasyMarkets provides 24/5 support in multiple languages, including Greek, with live chat and phone options. FBS's round-the-clock support is advantageous for Cyprus traders who trade during international sessions. EasyMarkets' support is more personalized but limited to market hours. Both have comprehensive FAQs, but FBS's response time is faster, typically under 30 seconds via live chat.
| Mobile Feature | FBS | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose EasyMarkets if you...
For Cyprus traders in 2025, the choice between FBS and EasyMarkets hinges on your trading priorities. FBS (3.7/5) excels in cost efficiency, execution speed, and deposit flexibility, supporting Bank Transfer, Skrill, Neteller, and USDT TRC20 with low minimums. It is ideal for active traders who want to maximize profits through tight spreads and high leverage. EasyMarkets (3.4/5) offers unmatched regulatory safety under CySEC, making it the go-to for risk-averse traders who value protection over cost. If you trade frequently and use EAs, FBS is the better pick. If you prefer a regulated environment with fixed costs and built-in safeguards, EasyMarkets is your choice. Both are viable for Cyprus traders, but FBS provides more value for performance-focused users.