Nicosia, Cyprus. Cyprus has retained its position as the leading global hiring hub for online forex brokers despite industry growth shifting toward emerging regions, according to an analysis by marketing and insights hub FYI.
Shift in growth regions
Christian Görgen, a marketing consultant at FYI.LTD, said the European online trading market is highly mature, client acquisition has become more challenging, and most real growth is now happening in regions such as MENA, APAC, and LATAM.
He said Cyprus has often been perceived as losing appeal as a global hub, while growth-oriented brokers increasingly focused on the GCC region and moved strategic roles there. However, he said that hiring data for Q1/2026 presents a more nuanced picture.
Cyprus leads in Q1 2026 hiring data
Görgen said Dubai saw strong momentum throughout 2025 and remains an important growth market, but hiring activity there has begun to normalise.
He said Cyprus continues to play a central role, ranking number one for open FX positions and accounting for 22.8 per cent of all analysed vacancies.
Different roles for key locations
Görgen said the findings should not be framed as a “Cyprus versus Dubai” discussion, adding that the locations serve different purposes.
He said the industry is experiencing broader decentralisation, with regions developing specific capabilities and brokers building teams based on what each location does best.
Report methodology
The findings are drawn from the Online Broker Hiring Report Q1/2026, which tracks recruitment activity across the global online and CFD trading industry.
How do you see the decentralisation trend shaping where online brokers hire in 2026?
