FXTM vs FxPro 2026: Cyprus Broker Comparison for Retail Traders
Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Cyprus Traders
Choosing between FXTM and FxPro is a critical decision for Cyprus retail traders in 2026. Both brokers are regulated by the local financial regulator, CySEC, and offer robust trading environments. FXTM, with a user rating of 4.3/5, is known for its extensive educational resources and flexible deposit options including Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro, rated 4.1/5, excels in trading platform variety and tight spreads on major forex pairs. For Cyprus traders, local factors like payment convenience, regulatory protection, and customer support in Greek or English are paramount. This comparison breaks down every aspect to help you decide which broker aligns with your trading style and local needs.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | 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 | $200 | $100 | FxPro |
For Cyprus traders, trading costs vary significantly between FXTM and FxPro. FxPro offers spreads from 0.0 pips on its Raw Spread account with a $3.5 commission per lot, making it ideal for high-volume traders. FXTM's Standard account has spreads starting at 1.3 pips with no commission, while its ECN account offers from 0.1 pips with a $2 commission per lot. A Cyprus trader executing 100 lots per month would pay approximately $350 in spreads on FXTM Standard versus $350 on FxPro Raw Spread, but FxPro's lower spreads on majors like EUR/USD (0.1 pip average) give it a slight edge for scalpers.
Account Types Comparison
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
Leverage Comparison - Cyprus Traders
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| Cyprus (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 |
Trading Instruments - Assets Available
| Asset Class | FXTM | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Cyprus traders benefit from both brokers' platform offerings. FXTM provides MetaTrader 4, MetaTrader 5, and its proprietary FXTM Trader app, all fully localized for Greek and English users. FxPro offers MT4, MT5, cTrader, and its own FxPro Edge platform, giving Cyprus traders more choice in execution types. FxPro's cTrader is particularly popular among local scalpers and algorithmic traders for its advanced order management. Both brokers support VPS hosting for Cyprus-based automated trading strategies.
Execution Quality - Speed & Slippage
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both brokers offer excellent execution quality for Cyprus traders. FxPro boasts an average execution speed of 0.2 seconds with no requotes on its cTrader platform, ideal for scalping. FXTM's execution averages 0.3 seconds on MT4/MT5 with reliable fills. Both brokers use No Dealing Desk (NDD) execution on ECN accounts, ensuring transparent pricing. For Cyprus traders trading volatile news events, FxPro's slightly faster execution gives it an edge.
Regulation & Safety for Cyprus Traders
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and FxPro are regulated by the Cyprus Securities and Exchange Commission (CySEC), the local financial regulator. This is crucial for Cyprus traders as it ensures compliance with MiFID II standards, including negative balance protection and segregation of client funds. Additionally, both brokers are members of the Investor Compensation Fund (ICF), which covers up to €20,000 per client in case of broker insolvency. This regulatory framework gives Cyprus traders a high level of security and recourse, unmatched by offshore brokers.
Deposits & Withdrawals for Cyprus
| Payment Method | FXTM | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 1 business day |
Cyprus traders enjoy multiple deposit and withdrawal options at both brokers. FXTM supports Bank Transfer, Skrill, Neteller, and USDT TRC20, while FxPro offers Bank Transfer, Skrill, and Neteller. Minimum deposits are $10 for FXTM and $100 for FxPro on standard accounts. Withdrawals are processed within 24 hours for e-wallets at both brokers, while bank transfers take 1-3 business days. FXTM's support for USDT TRC20 is a unique advantage for crypto-savvy Cyprus traders, allowing instant deposits with no fees. Both brokers charge no internal fees for deposits, but bank transfers may incur intermediary charges.
Islamic Accounts - Swap-Free for Cyprus Muslims
| Islamic Account Feature | FXTM | 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 |
For Cyprus Muslim traders, both FXTM and FxPro offer Islamic (swap-free) accounts that comply with Sharia law. FXTM provides Islamic accounts on its Standard and ECN account types, while FxPro offers them on all platforms including MT4, MT5, and cTrader. Both brokers do not charge swap fees on overnight positions but may apply a small administration fee after a holding period (typically 7-10 days for FXTM and 10 days for FxPro). Cyprus traders should verify the specific swap-free policy with each broker's support team before opening an account.
Customer Support Comparison
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
Cyprus traders can access customer support in both Greek and English from FXTM and FxPro. FXTM offers 24/5 live chat, email, and phone support with a dedicated Cyprus phone line. FxPro provides 24/5 multilingual support via phone, email, and live chat, with a local Limassol office for in-person queries. FXTM's response time is slightly faster (under 2 minutes) compared to FxPro (3-4 minutes) on live chat.
Mobile App Comparison
| Mobile Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FXTM | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
FxPro
Who Should Use Which Broker? - Cyprus Guide
Choose FXTM if you...
- Prefer flexible deposit options including USDT TRC20 and lower minimum deposits ($10)
- Want extensive educational resources and webinars tailored to Cyprus traders
- Trade lower volumes and benefit from commission-free Standard accounts
- Value a slightly higher overall user rating (4.3 vs 4.1)
Choose FxPro if you...
- Are a scalper or algorithmic trader needing cTrader with ultra-fast execution
- Trade high volumes and want tighter spreads on major forex pairs
- Prefer a wider range of platforms including cTrader and FxPro Edge
- Need a local Limassol office for in-person support
FAQ - FXTM vs FxPro in Cyprus
Final Verdict - Cyprus 2026
For Cyprus retail traders in 2026, both FXTM and FxPro are excellent choices regulated by the local financial regulator (CySEC). FXTM edges ahead with a 4.3 rating thanks to its superior deposit flexibility (Bank Transfer, Skrill, Neteller, and USDT TRC20), lower minimum deposit, and strong educational support. FxPro's 4.1 rating reflects its slightly tighter spreads and faster execution on cTrader, which appeals to active traders. Ultimately, if you value convenience and affordability for smaller accounts, choose FXTM. If you prioritize speed and low-cost scalping, FxPro is the better fit. Both offer the safety of CySEC regulation and €20,000 ICF protection for Cyprus traders.