Best OTC Stock Brokers in Cyprus for 2025

TU Expert Review for the best OTC Stock 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 OTC Stock Brokers in Cyprus is posted below.

Interactive Brokers - TU Expert Review

During its cooperation with Traders Union the Interactive Brokers investment company proved itself as a reliable partner, which faithfully fulfills its obligations to us. The broker provides clients with a wide range of services, allowing them to engage in both active trading and investments. At the same time, the broker charges a fee for an inactive account, and that's not convenient for passive investors. Despite the lack of a minimum deposit, Interactive Brokers is focused on working with professional market participants. The US and Canadian investors are the main target audiences of the company. Interactive Brokers customer support will help you resolve claims made to the company. You can find all the information about trading conditions and the specifics of various trading instruments on the broker's website. Before opening an account with this broker, we strongly recommend you to read about all trading conditions in detail, as well as reviews of other clients about cooperation with Interactive Brokers.

ETrade - TU Expert Review

After analyzing all the main services of this broker, I concluded that E*TRADE is perfect for both active trading and medium-term investments in investment programs. However, the company is still focused on independent work within the stock market, because it was originally initiated as an online trading service. The mobile versions of both platforms offered by E*TRADE fully provide access to the entire range of services. Training is highlighted in a separate website section. There are also information blocks, which may seem unusual to some users. News is divided into thematic subsections such as general overview, major shares dynamics, market statistics, and calendar. E*TRADE provides analysis of instruments within a particular field, but it is available only after registration. Also, a special press release section has been created to review the main trading events in the financial markets. There are no commissions when trading stocks and options on American stock exchanges. That inspires clients to invest in this particular area of ​​trading. However, E*TRADE offers banking services and pension insurance, which additionally stimulates interest in the company. The registration process is intuitive and simple.

Robinhood - TU Expert Review

Robinhood has revolutionized the investment landscape by making investing accessible to a broad audience. With commission-free trading and minimal deposit requirements, the platform has attracted millions of users, particularly among younger generations. Its intuitive interface and educational resources enable novice investors to quickly grasp the basics of trading. Robinhood is an excellent choice for beginners seeking simplicity and accessibility. However, it is essential to carefully review the platform's features and limitations to ensure they align with your investment goals. Despite its numerous advantages, Robinhood has faced criticism and regulatory scrutiny, raising questions about its long-term reliability. Since February 2018, U.S. residents have been able to trade cryptocurrencies on Robinhood. As of December 2023, this service was extended to residents of the European Union. In March 2024, Robinhood launched in the United Kingdom, offering investments in stock market assets listed on U.S. exchanges, with plans to expand its services and supported regions. Currently, the platform's limited range of investment tools and lack of access to international markets may not meet the needs of all investors, particularly those with more advanced trading requirements

TradeStation - TU Expert Review

Throughout its activities, TradeStation strives to allow traders of any experience to unleash their trading and investment potential. To this end, the company provides a suite of powerful trading technologies, quality brokerage services, and comprehensive training. Clients can quickly and efficiently place orders, monitor positions, balances, and orders on accounts, and generate hot observation lists. The TradeStation broker ensures fast and reliable fulfillment of clients' orders using a combination of advanced order routing technology, regular and thorough speed checks, better execution quality, and better prices. The company streams both historical and real-time market data and provides access to the latest news. TradeStation offers Simulated Trading, which is a simulated trading account for real-time strategy testing without financial risk. It has access to one of the largest market history databases in the industry for stocks, options, and futures. Clients can use a simple programming language EasyLanguage to create individual indicators and trading strategies on live and demo accounts.

ChoiceTrade - TU Expert Review

ChoiceTrade is a broker that provides favorable conditions for investors and experienced traders. The company is focused on continuous improvement of trading conditions, security, speed of trade executions, and quality of trading platforms. The minimum deposit and account requirements are quite high, and the client must link the trading account to their bank account to register with ACH or ACAT. The company offers clients different types of accounts, including pension and children's accounts, with the possibility of re-issuing to the owner when he becomes an adult. ChoiceTrade specializes in investing, so there are no tools for active trading. The broker is ready to cooperate with users from any country, and the site interface has been translated into more than 30 languages. The data that an investor needs to find out before opening a trading account is publicly available on the official website. If you did not find the information that you need, please contact the broker's support service.