Which broker is better for Cyprus traders in 2026? Expert analysis across 12 categories.
For Cyprus traders seeking a reliable forex broker in 2025, FXTM and InvestoPro represent two distinct options. FXTM, with a Trustpilot score of 4.3/5, is a well-established broker regulated by CySEC, making it a natural choice for local traders who value regulatory oversight and investor protection. InvestoPro, scoring 3.8/5, offers competitive raw spreads and modern payment methods like USDT TRC20, but its regulatory framework is less aligned with Cyprus standards. Both brokers support Bank Transfer, Skrill, and Neteller for deposits, but FXTM's local presence and adherence to MiFID II rules give it an edge for Cyprus residents. This comparison examines spreads, platforms, regulation, and payment options to help you decide which broker fits your trading style and local requirements.
| Instrument | FXTM | InvestoPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | InvestoPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | InvestoPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | InvestoPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | InvestoPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $200 | $0 | InvestoPro |
FXTM offers floating spreads from 1.0 pips on standard accounts and 0.1 pips on its ECN account, with a commission of $7 per lot. For Cyprus traders trading EUR/USD, these spreads are competitive and consistent during European sessions. InvestoPro provides raw spreads from 0.0 pips on its ECN account with a $6 commission per lot, appealing to scalpers. However, FXTM's spreads are more predictable for retail traders in Cyprus, with no hidden markups. Over 100 lots per month, FXTM's cost structure is slightly higher but offers better execution stability, while InvestoPro's lower spreads may benefit high-frequency traders.
| Account Type | FXTM | InvestoPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $0 |
| Entity / Asset | FXTM | InvestoPro |
|---|---|---|
| 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 |
| Asset Class | FXTM | InvestoPro | 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 | ✗ | ✗ | InvestoPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FXTM | InvestoPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, which are popular among Cyprus traders for their advanced charting and automated trading capabilities. FXTM also provides its proprietary FXTM Trader app, optimized for mobile trading with local market analysis and one-click trading. InvestoPro focuses on MT4/MT5 only, with no proprietary platform. For Cyprus traders who value additional tools like economic calendars and local news feeds, FXTM's platform ecosystem is more comprehensive. InvestoPro's platforms are reliable but lack the tailored features for Cyprus-based traders.
| Factor | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | InvestoPro |
| 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 |
FXTM provides fast execution with no requotes on major pairs, using a hybrid STP/ECN model that suits Cyprus traders during peak European hours. InvestoPro offers ECN execution with low latency, ideal for scalpers. However, FXTM's execution is more consistent during high volatility, with slippage control that benefits retail traders in Cyprus. InvestoPro's execution is competitive but may experience occasional delays during news events.
| Safety Factor | FXTM | InvestoPro |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FXTM is regulated by the Cyprus Securities and Exchange Commission (CySEC), offering Cyprus traders protection under MiFID II, including negative balance protection and access to the Investor Compensation Fund (ICF) for claims up to €20,000. InvestoPro operates under an international license (e.g., from SVG or FSA), which does not provide the same level of local oversight. For Cyprus traders, FXTM's CySEC regulation is a significant advantage, ensuring compliance with local laws and financial safety. InvestoPro's regulatory status is less transparent, which may be a concern for risk-averse traders.
| Payment Method | FXTM | InvestoPro |
|---|---|---|
| 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. | Card/e-wallet fast; bank transfer 1-3 days |
Cyprus traders can fund their accounts at both brokers using Bank Transfer, Skrill, Neteller, and USDT TRC20. FXTM processes Bank Transfers within 1-3 business days with no fees, while Skrill and Neteller deposits are instant and free. USDT TRC20 deposits are available at FXTM with a minimum of $50 and zero transaction fees. InvestoPro also supports these methods, with USDT TRC20 being a highlight for fast, low-cost funding. Withdrawals are processed within 24 hours at both brokers, though FXTM's local bank support in Cyprus ensures faster EUR withdrawals. InvestoPro's withdrawal times are comparable but may incur additional crypto network fees.
| Islamic Account Feature | FXTM | InvestoPro |
|---|---|---|
| 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 brokers offer Islamic (swap-free) accounts for Cyprus Muslim traders. FXTM provides Islamic accounts on all account types, with no swap charges on overnight positions, in compliance with CySEC guidelines. Traders must request the account and confirm eligibility. InvestoPro also offers swap-free accounts, but terms may include a holding period fee after a certain number of days. For Cyprus traders, FXTM's Islamic account is more transparent and better regulated, with clear conditions and no hidden costs. InvestoPro's offering is available but less detailed, so traders should review the fine print.
| Support Feature | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 customer support in multiple languages, including Greek, with live chat, email, and phone support tailored for Cyprus traders. InvestoPro provides 24/5 support via live chat and email, but lacks local language options and dedicated phone support for Cyprus. FXTM's local presence in Cyprus ensures faster, more personalized assistance, which is a key advantage for traders needing immediate help.
| Mobile Feature | FXTM | InvestoPro | 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 |
| Resource | FXTM | InvestoPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FXTM |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | FXTM |
Choose FXTM if you...
Choose InvestoPro if you...
For most Cyprus traders, FXTM is the superior choice in 2025, thanks to its CySEC regulation, competitive spreads, and comprehensive local payment support including Bank Transfer, Skrill, Neteller, and USDT TRC20. Its higher Trustpilot score (4.3 vs 3.8) reflects better trust and service quality. InvestoPro appeals to cost-focused traders who want ultra-low spreads and fast crypto deposits, but its regulatory gaps and lack of local support make it less suitable for risk-averse Cyprus residents. If you prioritize safety and local compliance, go with FXTM. For aggressive scalpers who accept lower regulation, InvestoPro may be worth considering.