Forex Brokers in Cayman Islands
The Cayman Islands is one of the biggest and most popular offshore financial centers in the world. It also has its fair share of forex brokers registered there. All forex brokers in the Cayman Islands are regulated by the Cayman Islands Monetary Authority (CIMA), which also runs as the Caribbean island’s central bank.
Forex brokers in the Cayman Islands enjoy a hands-off approach from the government, which means they can offer flexible trading conditions and high trading leverage to their clients. The government is committed to making the island as a hub for forex brokers from all around the world. Thus, some major international forex brokers also choose to have their non-EU and non-US clients trade through the Cayman Island-registered entity, though they may have their headquarters elsewhere.
| Broker | Regulation | Max Leverage | Min Deposit | |
|---|---|---|---|---|
| Vantage Australia 2006 | ASIC #ACN 140 903 886 Cayman Islands Monetary Authority, 1383491 FCA (UK), 501057 Vanuatu Financial Services Commission, 700271 | 1:500 | $200 | Review |
| VT Markets Austria 2016 |
ASIC, 428901 Cayman Islands Monetary Authority, 1383491 FCA (UK), 590299 | 1:500 | $200 | Review |
| AETOS Australia 2007 |
ASIC, 313016 FCA (UK) 592778 Vanuatu Financial Services Commission, 700450 | 1:200 | $250 | Review |
| Your FX Broker Cayman Islands 2020 |
Cayman Islands Monetary Authority, 585163 | 1:100 | $100 | Review |
| TradeView Forex Cayman Islands 2006 |
Cayman Islands Monetary Authority, 585163 | 1:400 | $100 | Review |
| ATC Brokers Cayman Islands 2005 | Cayman Islands Monetary Authority 1448274 FCA (UK), 591361 | 1:200 | $5000 | Review |
If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
FAQ
What is the best forex broker in Cayman Islands?
Finding the best forex broker in Cayman Islands is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Cayman Islands, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.
Where can I trade forex in Cayman Islands?
The list in this page can be a good reference if you look to trade with in Cayman Islands. We have sorted specific forex brokers that accept clients from Cayman Islands, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.
What is the best forex broker for beginners?
If you are a beginner and looking for the right broker to trade with in Cayman Islands, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.
