Please take a look around, and feel free to .
It's simple: Lower tax + Looser regulation.
The strictier they are i think that is better, you can see that if some brokers have problems our money will be protected by the regulator like in FCA, but in CYCSE, it is not that strict and you know if your money is lost because of that broker playing you then say good bye to your money, also aside from less strict regulator, cyprus is well known as tax haven with the low rate tax.I guess its because we all going to make good income in forex without the hustle of the strict rules of US broker sites. In Cyrus the broker sites are good broker site but same time are trader friendly especially for newbies. I do hope that in the long run we all going to make good income in here without any worries.