6 Best Forex Brokers in Grenada

Last Update: June 26th, 2024

 

The 6 Best Forex Brokers in Grenada – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Grenada.

 

In this in-depth guide, you will learn:

 

• The Best Forex Brokers in Grenada – a List
• Is Forex Trading Legal in Grenada?
• The Best Forex Brokers in the West Indies and Caribbean
• The Best Forex Brokers for Beginners and Foreigners

 

and much, MUCH more!

 

 

6 Best Forex Brokers in Grenada – a Comparison

 

 

6 Best Forex Brokers in Grenada (2024)

 

1. ☑️ IC Markets – Overall, the Best Forex Broker in Grenada
2. ☑️ Tickmill – Best Overall Trading Experience
3. ☑️ CMC Markets – Best MetaTrader Forex Broker
4. ☑️ Pepperstone – Leading Forex Broker for Active Traders
5. ☑️ GO Markets – Best Mobile Trading Platform
6. ☑️ Moneta Markets – Best Online Trading Experience

 

 

IC Markets

IC Markets is a trusted, highly regulated Forex and CFD Broker. License and Regulations include ASIC, CySEC, FSA, and, the SCB. Account available include:

 

• cTrader Account
• Raw Spread Account
• Standard Account

 

In addition, Demo and Islamic, Swap-Free Accounts are available. The minimum deposit to open a live trading account starts at 200 USD. Additionally, notable factors and features include:

 

• Copy and Social Trading
• Several Base Currencies, including AUD, USD, and, JPY
• Leverage of up to 1:500
• Access to over 60 Currency Pairs, including Major, Minor, and, Exotic Pairs
• Spreads from 0.0 Pips
• A Commission Fee is Charged
• Scalping and Hedging are Provided

 

Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. IC Markets supports MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.

 

 

 

Pros and Cons

 

 

Our Insights

The Benefits of Trading with IC Markets include Multilingual Customer Support.

 

 

Tickmill

Tickmill is a prominent Forex and CFD Brokerage. Regulations by acclaimed and trusted agencies include Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available include:

 

• VIP Account
• Classic Account
• Pro Account

 

In addition, a Demo and Islamic, Swap-Free Account is available. In addition, Notable factors and features include:

 

• Multiple Base Currencies
• Spreads from 0.0 Pips
• Bonus Offers and Promotions
• Leverage of up to 1:500
• Access to over 60 Currency Pairs

 

Trading Instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of Trading with Tickmill include access to a 30 USD Welcome Account.

 

 

CMC Markets

CMC Markets is a popular and well-established Forex and CFD Service provider. Regulations by acclaimed agencies include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. Accounts available are:

 

• CFD Account
• Spread Betting Account
• Corporate Account

 

In addition, a Demo Account is available. Moreover, no minimum deposit is required. Notable factors and features include:

 

• 10 Base Currencies, including GBP and EUR
• Multilingual Customer Support including English and French
• An Inactivity Fee is Charged
• Access to over 300 Currency Pairs
• Spreads from 0.3 Pips
• Leverage of up to 1:30

 

Trading instruments and products include Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and, ETFs. CMC Markets support MetaTrader 4 and Next Generation. Additionally, a CMC Markets Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with CMC Markets include access to the Next Generation Platform and impressive educational resources.

 

 

Pepperstone

Pepperstone is a Global Forex, CFD, and, Financial Services provider. License and Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts available are:

 

• Standard Account
• Razor Account

 

In addition, Islamic, Swap-Free, and a Demo Account are available. The minimum deposit is AU$ 200. Notable Factors and FEatures include:

 

• 24/7 Customer Support
• USD and GBP Base Currencies
• Spreads from 0.0 Pips
• Leverage of up to 1:500
• Access to over 70 Currency Pairs

 

Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Pepperstone include access to 24/7 responsive and friendly customer service.

 

 

GO Markets

GO Markets is a reliable and robust Forex and CFD broker. Regulations by acclaimed and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Accounts available are:

 

• Standard Account
• GO+ Account

 

In addition, a Demo Account is available. Notable Factors and Features include:

 

• Multiple Base Currencies, including AUD and EUR
• Spreads from 0.0 Pips
• Leverage of up to 1:500
• Access to over 50 Currency Pairs
• No Inactivity Fee is Charged

 

Trading instruments and Products include Forex, shares, indices, metals, commodities, and, cryptocurrencies. GO Markets support MetaTrader 4, MetaTrader 5, and, cTrader.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with GO Markets include access to up-to-date educational resources.

 

 

Moneta Markets

Moneta Markets is a renowned Forex and CFD Service provider. License and Regulations include the FSCA, FSA Seychelles, CIMA, and, ASIC. Accounts available include:

 

• Direct STP Account
• Prime ECN Account
• Ultra ECN Account

 

Moreover, a Demo Account is available. Notable factors and features include:

 

• Spreads from 0.0 Pips
• Leverage of up to 1:1000
• Access to over 40 Currency Pairs
• 50 USD Minimum Deposit
• No inactivity Fee is charged

 

Trading instruments and Products include Forex, commodities, indices, shares, ETFs, bonds, and,  cryptocurrencies. Moneta Markets supports PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Moneta Markets include access to Competitive spreads and commissions.

 

 

Is Forex Trading Legal in Grenada?

Forex Trading in Grenada is Legal. However, Grenada has no exchange controls on foreign currencies and securities.

 

 

In Conclusion

Forex Trading is not a popular or regulated occurrence in Grenada. However, Several International Forex Brokers accept Local Traders.

 

 

Our Insights

While reviewing the Best Forex Brokers that accept  Traders in Grenada, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

You might also like:

 

• IC Markets Review
• Tickmill Review
• CMC Markets Review
• Pepperstone Review
• GO Markets Review
• Moneta Markets Review