Best MT4 Brokers in Cyprus for 2025

TOP 5 Comparison

In order to choose the Best MT4 Brokers in Cyprus in 2025, TU analysts chose 5 best brokers in this country. In the table below, you can see a basic comparison of these companies. Experts selected only the most reliable brokers that are popular among traders in Cyprus.

TU Expert Review for the best MT4 Brokers in Cyprus

Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.

His opinion as for the best MT4 Brokers in Cyprus is posted below.

XM Group - TU Expert Review

XM Broker can be safely recommended to those who are interested in professional trading with high order processing speed and optimal level of commission. The first thing worth noting is that it has licenses of four leading regulators in the world simultaneously. These are FSC (Mauritius), FSC (Belize, 000261/397), CySEC (Cyprus, 120/10), FSA (Seychelles). The second moment is the types of accounts. The broker guarantees the same quality of execution for all types of accounts, which means a minimum of requotes, slippages and instant overlap of orders with counterparty counter transactions. The level of leverage complies with the European standards (including the MiFID directive that all CySEC licensees work in accordance with). There is an average market spread. The maximum leverage for clients registered under the EU regulated entity of the XM Group is 30:1. Attractive trading conditions for novice traders are also worth noting. The minimum deposit is 5 US dollars; there are cent (micro) accounts with a lot equal to 1,000 units. Thanks to its elaborated service and high-tech platforms, XM Broker is rightfully one of the best companies in the Traders Union rating.

VT Markets - TU Expert Review

The VT Markets brokerage is part of the Vantage Group with its main office based in Australia. In 2016 it opened a representative office in the Cayman Islands, which is currently regulated by the local Cayman Islands Monetary Authority. VT Markets serves over 10,000 clients, providing them with access to trading currency pairs and different types of CFDs. The broker offers ECN and STP accounts, so traders with different trading experiences will feel comfortable here. Muslim clients can trade from swap-free accounts. VT Markets strives to provide favorable terms both for active market participants and for investors who prefer passive strategies. There is an affiliate program with high remuneration based on the CPA model. The VT Markets firm provides standard leverage, retains average trading fees, and provides twenty-four/seven support on trading days. The broker offers a lot of analytics, trading tips, and market overviews, but most of them are available to clients who have deposited $1,000 or more. Another disadvantage of VT Markets is the lack of opportunity to make transactions with cryptocurrencies. Also, remember the regional restrictions. They concern residents of the USA and many other countries.

TeleTrade - TU Expert Review

Traders Union has been working with the company since 2012. Over this time, a lot of reviews have been received about the broker from the TU clients, which you can find on this page. All reviews are moderated and then published. Therefore, they contain relevant information about traders’ experience of working with TeleTrade. Each TU client who opened an account with a brokerage company is entitled to free legal support, as well as advice on general issues related to the broker’s performance. TeleTrade Company offers its clients the opportunity to trade over 60 currency pairs, as well as metals, indices, stocks and energies. Cryptocurrency trading is also available. Traders canopen a free demo account and trade virtual funds. The broker also provides several types of real accounts, which allows you to choose the best option in terms of conditions. Thanks to a large analytical section and loads of educational information, the company attracts a lot of novice traders. A wide range of technical analysis tools and the possibility to use various strategies, including pipsing, are the main reasons why experienced traders open an account with TeleTrade.

LiteFinance - TU Expert Review

The LiteForex (LiteFinance) broker has been operating for over 14 years and that characterizes the company as a reliable and responsible partner. The broker is focused mostly on professional traders, as evidenced by a relatively high initial deposit and the absence of cent accounts. I would like to point out the transparency of the broker's trading conditions as there are no pitfalls or hidden commissions. There are no restrictions on scalping, hedging, or the use of trading advisors. Recently, the company updated its personal account from a classic account into a full-fledged trading tool. And now you can start profit directly from your account in one click. Analytics have been added to the cabinet platform for novice traders: fundamental and technical forecasts for each pair, market sentiment, etc. You can also manage the affiliate program from the cabinet and create an investment portfolio using the SocialTrading service. LiteFinance is a professional trading company. The broker fully fulfills its obligations; therefore, it is one of the regular partners of the Traders Union.

NPBFX - TU Expert Review

After being rebranded in 2016, NPBFX set on development of two areas, namely improving data processing technology and social trading. Thanks to direct access to ECN platforms, such as Integral and Currenex, traders have instant order execution with tight spreads during rapid increase in volatility and liquidity compression. Speed of order execution, recorded in MT4 by means of script, is 50-70 ms while market average is 100-130 ms. Therefore, NPBFX is perfect for scalping, high-frequency algorithmic trading, and fundamental volatility trading, including short-squeeze. Social trading has developed into a long-term partnership of the broker with the independent social trading platform ZuluTrade. Thanks to integration of technologies of NPBFX and Zulu traders can copy trades of thousands of traders, who are clients of different brokers from over 180 countries globally, with delay of several milliseconds. By using free ZuluTrade toolkit you can develop a comprehensive risk management system, which can limit possible losses in case of force majeure. NPBFX is a broker for novice traders and professionals. For novice traders there is an account type with a $10 deposit which is the best for intraday strategies. Professional traders can work on the Expert account using advisors. The broker deserves a positive score according to user reviews, therefore the company is in TU Top 20 brokers.