Best brokers in Cyprus

Cyprus
Gains on titles are exempt from income tax, and redeeming a unit in a fund or an ETF counts as one. Dividends carry the Special Defence Contribution at 5%, and only for someone both resident and domiciled in Cyprus.
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Brokers available in Cyprus

Checked on 28 September 2026. 9 brokers accept someone resident in Cyprus. What each one charges and how your assets are protected:

  • Bitpanda: European ETF €1, investor protection up to €20,000.
  • eToro: European ETF 0%, investor protection up to €20,000.
  • Freedom24: European ETF €2 + €0.02 per share, investor protection up to €20,000.
  • Interactive Brokers: European ETF Fixed: 0.05% (min. €3); Tiered: 0.05% (min. €1.25), interest on uninvested cash 1.93%, investor protection up to €20,000.
  • Lightyear: European ETF 0%, investor protection up to €20,000.
  • Revolut: European ETF €1, investor protection up to €22,000.
  • Saxo: European ETF 0.08% (min. €2), investor protection up to €20,000.
  • Trading 212: European ETF 0%, interest on uninvested cash 2.50% to 3.50%, investor protection up to €20,000.
  • XTB: European ETF 0%, interest on uninvested cash 1.10%, investor protection up to €20,100.

Four of them charge nothing to buy a European ETF: eToro, Lightyear, Trading 212 and XTB. The highest advertised interest on uninvested cash is 2.50% to 3.50% at Trading 212. Fees are the published retail prices. Currency conversion, custody and transfer costs are in the table above.

What to know if you live in Cyprus

Gains on the disposal of titles are exempt from income tax, and the redemption of a unit or share in an open or closed ended collective investment scheme counts as a disposal of a title, so fund and ETF exits are covered (art. 8(22), L.118(I)/2002). Capital gains tax at 20% reaches only immovable property in Cyprus and shares in companies holding it (L.52/1980).

Dividends are also exempt from income tax, but carry the Special Defence Contribution at 5%, and only for someone who is both resident in Cyprus and domiciled there, with domicile deemed after seventeen of the last twenty years in the country (L.117(I)/2002). A Cypriot payer withholds it; on a dividend from abroad you pay it yourself. Clients of banks are covered by the Investor Compensation Fund for €20,000 (Central Bank of Cyprus).