Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
Cyprus traders searching for a reliable forex broker face a choice between two well-regulated options: FxPro (rated 4.1/5) and Hantec Markets (rated 3.6/5). Both brokers are authorized by the Cyprus Securities and Exchange Commission (CySEC), offering local regulatory protection under MiFID II. However, FxPro stands out with a broader range of trading platforms including MT4, MT5, and cTrader, plus tighter spreads starting from 0.0 pips on major pairs. Hantec Markets offers a solid but more limited offering, focusing on MT4 and basic account types. For Cyprus retail traders, local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20 are supported by both, but FxPro's higher overall score reflects better trading conditions and more flexibility. Whether you are day trading EUR/USD from Limassol or swing trading indices from Nicosia, this comparison will help you decide which broker fits your style.
| Instrument | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Hantec Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Hantec Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Hantec Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Hantec Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $10 | Hantec Markets |
For Cyprus traders, trading costs can significantly impact profitability. FxPro offers raw spreads from 0.0 pips on its Pro account with a low commission of $3.50 per lot per side, while the Standard account has spreads from 0.6 pips with no commission. Hantec Markets typically shows spreads starting at 0.8 pips on EUR/USD with no commission on standard accounts. Over 100 trades per month, FxPro's raw spreads can save a Cyprus trader approximately €60-80 compared to Hantec Markets. Swap rates are competitive at both brokers, but FxPro's negative balance protection adds safety. For high-volume traders in Cyprus, FxPro's cost structure is clearly more advantageous.
| Account Type | FxPro | Hantec Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | FxPro | Hantec Markets |
|---|---|---|
| Cyprus (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 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 | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | ✗ | FxPro |
| Stocks / Share CFDs | 1,000+ | 1,700+ | Hantec Markets |
| ETFs | ✗ | ✗ | Tie |
| Platform | FxPro | Hantec Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Cyprus traders benefit from FxPro's multi-platform support including MetaTrader 4, MetaTrader 5, and cTrader, all available on desktop, web, and mobile. This variety suits different trading styles from scalping to algorithmic trading. Hantec Markets offers only MT4, which is reliable but lacks the advanced charting and order types of cTrader. FxPro also provides a proprietary FxPro Edge app for easy account management. For Cyprus traders who value platform flexibility, FxPro is the clear winner. Both brokers offer mobile apps optimized for iOS and Android with real-time quotes and one-click trading.
| Factor | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Hantec Markets |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro offers institutional-grade execution with no requotes and average execution speed under 10 milliseconds on its Pro account, thanks to its No Dealing Desk (NDD) model. Hantec Markets also uses NDD execution but averages 20-30 milliseconds. For Cyprus day traders and scalpers, FxPro's faster execution reduces slippage risk. Both brokers offer market execution with negative balance protection, but FxPro's lower latency through its Equinix data centers gives it an edge.
| Safety Factor | FxPro | Hantec Markets |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FxPro and Hantec Markets are regulated by the Cyprus Securities and Exchange Commission (CySEC), providing Cyprus traders with strong local oversight. FxPro holds additional licenses from the FCA (UK), FSCA (South Africa), and SCB (Bahamas), while Hantec Markets is primarily CySEC-regulated with a UK FCA license. For Cyprus traders, CySEC regulation means eligibility for the Investor Compensation Fund (ICF) up to €20,000, negative balance protection, and mandatory client fund segregation. FxPro's multi-regulatory status adds an extra layer of credibility, but both brokers meet the highest local compliance standards. Cyprus traders can trade with confidence knowing both are subject to regular audits and strict capital requirements.
| Payment Method | FxPro | Hantec Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | Crypto / USDT: 1 to 3 hours (for eligible wallets)E-wallets: Within hours up to 1 dayBank / Wire Transfers: 2 to 5 business days |
Cyprus traders can fund their accounts at both FxPro and Hantec Markets using Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro processes e-wallet deposits instantly with no fees, while bank transfers take 1-3 business days. USDT TRC20 deposits are credited within minutes at both brokers. Minimum deposits are €100 for bank transfers and €10 for e-wallets. Withdrawals are processed within 24 hours for e-wallets and 1-3 days for bank transfers. FxPro does not charge withdrawal fees, while Hantec Markets may apply a small fee for bank wire withdrawals over certain limits. Both brokers support EUR, USD, and GBP accounts, making currency conversion straightforward for Cyprus residents. USDT TRC20 is particularly useful for fast, low-cost transfers.
| Islamic Account Feature | FxPro | Hantec Markets |
|---|---|---|
| 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 FxPro and Hantec Markets offer swap-free Islamic accounts for Cyprus Muslim traders who wish to trade without earning or paying interest. FxPro provides unlimited swap-free periods on all account types, including Pro and Standard accounts, with no extra fees. Hantec Markets also offers Islamic accounts but may apply a small administrative fee after 30 days of holding positions overnight. Cyprus traders should contact support to convert their accounts. FxPro's more generous policy makes it the better choice for long-term swap-free trading. Both brokers require a declaration of faith to open an Islamic account.
| Support Feature | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
FxPro offers 24/5 multilingual customer support via live chat, phone, and email, with dedicated Greek-speaking agents for Cyprus traders. Response times average under 30 seconds for live chat. Hantec Markets provides similar support hours but with fewer language options and slightly longer response times. Both brokers have offices in Cyprus (Limassol for FxPro), enabling face-to-face meetings if needed. For Cyprus traders, FxPro's faster and more localized support is a significant advantage.
| Mobile Feature | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Hantec Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Hantec Markets if you...
For Cyprus traders, FxPro is the stronger choice overall, earning a 4.1/5 rating compared to Hantec Markets' 3.6/5. FxPro offers lower spreads, faster execution, more platforms, and unlimited swap-free accounts, all while being regulated locally by CySEC. It supports all four local payment methods—Bank Transfer, Skrill, Neteller, and USDT TRC20—with instant deposits. Hantec Markets is a reliable alternative but lacks the same breadth of features. If you are a retail trader in Cyprus seeking optimal trading conditions, FxPro's combination of low costs, robust regulation, and local support makes it the recommended broker for 2026.