Cyprus is the hub of CFD brokerage in the European Union, and its young people are the most connected to the internet in the bloc


Cyprus has once again emerged as the most digitally engaged country among young people in Europe. According to new EU data for 2025, almost all Cypriots aged 16 to 29 used social media in the past year, underscoring the island’s status as one of the most connected societies in the bloc.

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Cyprus leads youth use of social media in the European Union

Official European statistics show that 98.3% of young Cypriots used social networks in 2025, the highest percentage in the European Union. Cyprus came ahead of the Czech Republic (97.2%), Denmark (96.9%), and Finland (96.6%). Across the EU, an average of 89.3% of 16-29 year olds reported using social media, compared to 67.3% of the general population.

For brokers, this data means that Cyprus is a very good place to make trades Online trading a job. Young people in Cyprus use social networks almost all the time, so they already feel comfortable using apps, online accounts and digital payments.

In addition, Cyprus recorded one of the smallest gaps between young and old users. The difference in social media activity between young people and the wider Cypriot population was 11.8 percentage points, showing that people of all ages in Cyprus are relatively active online.

Large gaps are seen elsewhere in the EU

Other EU countries showed wider generational divisions. Croatia led by 29.2 points, followed by Austria with 28.2 points and Poland with 27.2 points. In these countries, social networks remain more popular among young people than among older people.

Continue reading: Cypriot brokers account for one in three EU cross-border traders (while complaints rise by 46%)

In contrast, smaller gaps emerged in Denmark, Malta, and Cyprus, where digital participation is widespread across society. These figures underscore how Cyprus continues to stand out for its strong online culture, a trend that parallels its growing role as a base for Internet-based industries, including fintech And CFD trading.

Regulators’ concerns

Interestingly, recently CySEC He warned that smartphones and mobile applications Now it is easier for young investors to take risks and end up in speculative products that they do not fully understand.

In an article for Eurofi magazine linked to the Eurofi Symposium in Nicosia 2026, Vice Chairman Panikos Vako urged the EU Savings and Investment Association to ban investment gouging and called for clear disclosure of how companies make money and where their incentives may conflict with clients’ interests.

Vaco’s warning comes on the heels of CySEC’s 2022 investor protection crackdown, which targeted trading “manipulation” and the growing influence of social media influencers.

At the time, the regulator said it was concerned about young, inexperienced investors being steered into complex, high-risk products through aggressive online marketing and social media promotion, and urged retail clients not to make their decisions based on emotions or social pressures.

ESMA data shows this Cross-border investment in the European Union is growing rapidlywith around 10.5 million retail customers using services from companies based in other member states in 2024, up 32% from 8 million the previous year.

At the same time, the number of active providers has fallen to 370 companies in 30 EU/EEA countries, a decline of 4%, meaning each company now serves more clients on average, around 28,000 versus 20,000 in 2023. Cyprus-regulated brokers alone handle almost one in three of these traders as complaints about cross-border services jumped by 46% to nearly 11,000 cases.

This article was written by Jared Kirroy at www.financemagnates.com.



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