CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Cayman Islands Monetary Authority

Our tier
Tier 3 (offshore)
Jurisdiction
Cayman Islands
Public register
Open the official register

The Cayman Islands Monetary Authority regulates securities investment business in the Cayman Islands.

What it means for a retail trader

This is an offshore licence. It involves real supervision, but retail protections are lighter than in tier 1 and tier 2 jurisdictions.

How to check a firm

Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.

Brokers in our database with a CIMA licence

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
FOREX.com Founded 2001 Listed 62 GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore) $100 Own platformMT4MT5TradingView Review Visit site
Vantage Founded 2009 46 Vantage Global Limited VFSC #700271 Tier 3 (offshore) $50 MT4MT5TradingViewOwn platform Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.