CIMA Regulated Forex Brokers

by

cima

Welcome to our guide on CIMA-regulated forex brokers! If you’re a regular trader and seeking a secure and compliant trading environment, you’re in the right place. Let’s explore what CIMA is, why it matters, and which brokers have earned their CIMA license.

What Is CIMA?

The Cayman Islands Monetary Authority (CIMA) oversees and regulates the financial services industry in the Cayman Islands. Established in 1997, CIMA ensures accountability, transparency, and monetary stability. Its mission is to enhance the integrity of the financial services sector while protecting investors.

CIMA Regulated Forex Brokers

FOREX.com

★ 5.0 Rating
Founded in 2001, Forex.com is a well-regulated broker that caters primarily to serious beginners and experienced traders due to its high minimum deposits and low fees. While beginners might be deterred by the high trading…

Regulation

CFTC, FCA, JFSA, IIROC, CIMA

Established

2001

Headquarters

New Jersey, USA

Min Deposits

$100

Leverage

1:50 and 1:30 for EU

Platform

WebTrader, MetaTrader 4, MetaTrader 5, TradingView, NinjaTrader, Specific FIX API

More Details

Pros

Trade 80+ FX pairs
Tight spreads as low as 0.0
Trade 5,500+ global shares
Competitive Pricing
Global market leader
Next-Gen pricing model
Mobile application

Cons

High stock CFD fees
Inactivity fee
Relatively slow account verification

Website

forex.com

Email

global.support@forex.com

Address

30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA

MultiBank Group

★ 4.8 Rating
Multibank Group, established in 2005, is one of the largest financial derivatives providers in the world. Headquartered in Hong Kong, it offers a wide range of financial services and products, including forex trading, commodities, precious…

Regulation

ASIC, AUSTRAC, BAFIN, CIMA, ESCA, CySEC, FSC, FMA, MAS, TFG and VFSC.

Established

2005

Headquarters

Limassol, Cyprus

Min Deposits

US$50

Leverage

1:500

Platform

MT4, MT5 and MultiBank-Plus

More Details

Pros

Heavily Regulated
Full ECN Model
Spreads From 0.0 Pips
Cutting-edge trading platform
Trade over 20,000 instruments

Cons

Inactivity fee
Difficult account creation

Website

multibankfx.com

Email

cs@multibankfx.com

Address

Aiolou & Panagioti Diomidous, 9 Katholiki, 3020, Limassol, Cyprus

CityIndex

★ 5.0 Rating
CityIndex, a brokerage founded way back in 1983, is a solid option for traders, especially those who are new to the game. They offer a simple account structure with no minimum deposit to get you…

Regulation

ASIC, MAS, CySEC, CIMA and FCA

Established

1983

Headquarters

London, United Kingdom

Min Deposits

$0

Leverage

1:30

Platform

MT4, TradingView, WebTrader and Mobile App

More Details

Pros

Globally Regulated
Wide range of assets
Low deposit and tight spreads
Tax-free trading across all markets
24/5 dedicated customer support

Cons

Slow withdrawals

Website

cityindex.com

Email

support@cityindex.co.uk

Address

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

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