The Cayman Islands Monetary Authority (CIMA)was established as a body corporate under the Monetary Authority Law on 1 January 1997. CIMA is created from the merger of the Financial Services Supervision Department of the Cayman Islands Government and the Cayman Islands Currency Board and it takes over the former responsibilities, duties and activities of these two bodies which include the issue and redemption of Cayman Islands currency and the management of currency reserves; the regulation and supervision of financial services, the monitoring of compliance with money laundering regulations, the issuance of a regulatory handbook on policies and procedures and the issuance of rules and statements of principle and guidance; the provision of assistance to overseas regulatory authorities, including the execution of memoranda of understanding to assist with consolidated supervision and the provision of advice to the Government on monetary, regulatory and cooperative matters.
Authority
Fair
FOREX.com
Score 9.3015-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
CIMA : 25033
Vantage FX
Score 7.515-10 years | Regulated in Australia | Market Making(MM) | MT4/5 full license
CIMA : 1383491
HYCM
Score 8.3115-20 years | Regulated in United Kingdom | Market Making(MM) | MT4/5 full license
CIMA : 1442313
EVERFX
Score 7.012-5 years | Regulated in Cyprus | Market Making(MM) | MT4/5 full license
CIMA : 1444866
Tradeview
Score 5.752-5 years | Regulated in Malaysia | Straight Through Processing(STP) | MT4/5 full license
CIMA : 585163
LION
Score 5.742-5 years | Regulated in Cayman Islands | Market Making(MM) | MT4/5 full license
CIMA : 1455005
BYFX Global
Score 5.612-5 years | Regulated in Cayman Islands | Market Making(MM) | MT4/5 full license
CIMA : 1458866
MegaFX
Score 4.71Within 1 year | Regulated in Canada | Currency Exchange | MT4/5 White Label
CIMA : 25033
PanBay
Score 1.852-5 years | Regulated in United Kingdom | Suspicious Regulatory License | MT4/5 full license
CIMA : 1501500
OneTRADEx
Score 1.322-5 years | Suspicious Regulatory License | Non MT4/5 Software | Suspicious Scope of Business
CIMA : 647732
Download WikiFX APP for more information
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.