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For traders in Grenada, account access and investor protection can matter more than a long feature list. The ECSRC licenses broker-dealers and other securities intermediaries in Grenada, while account availability from an offshore forex firm remains a separate question.

The shortlist brings together 8 profiles with verifiable broker fields rather than promotional promises. Eastern Caribbean Securities Regulatory Commission (ECSRC) maintains the regional register for securities intermediaries. Match the exact company and permitted activity before treating any broker as locally authorized. Always confirm which company signs the agreement and which protections apply to that company.

ECSRC check: Review the exact legal entity and its permitted activities on the Eastern Caribbean Securities Regulatory Commission official site or register. A global regulatory record does not by itself prove local authorization or account availability.

The profile traces its history to 2007.

The profile records 5 regulated entries under ASIC, FSA, FSCA, CBI.

The operating record begins in 2002.

Trading access is recorded through Self-developed, Android, IOS.

Operations are recorded from 2005.

The trading-environment record includes average execution of 318.4 ms.

4

Operations are recorded from 2004.

Trading access is recorded through Self-developed, MT5, MT4, Android, IOS.

5

The operating record begins in 2019.

The lowest recorded opening deposit is $0.

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Forex Broker

License

Minimum Spread

Maximum Leverage

Minimum Deposit

Open Account

Details

Compare

Regulated
1. Mulai 0.0
1. 1:500
1. 0.01
8.67
Regulated
0.0
1:2000
$50
Regulated
From 1.4 pips
-
0.01 lot
8.29
Regulated
1. From 0
1. 1:2000
1. 0.01

Why These Brokers Stand Out for Traders in Grenada

AvaTrade

  • custom-chart functionality for technical analysis.
  • 7 listed platform types, including Self-developed, MT4, MT5, Web.
  • an average slippage record of -3.5.

InteractiveBrokers

  • 6 regulated entries: FCA, NFA, SFC, FSA, ASIC.
  • recorded mobile trading access.
  • a simulated-trading environment for order practice.

FP Markets

  • a maximum leverage entry of 1:500, subject to local retail limits.
  • 2 regulated entries: ASIC, CYSEC.
  • 2 documented account configurations.

FXT

  • a minimum spread recorded at 0 pips.
  • a minimum deposit recorded at $50.
  • an average slippage record of -1.5.

Fusion Markets

  • support for expert advisers or automated strategies.
  • 2 listed platform types, including MT4, MT5.
  • 3 documented account configurations.

Exness

  • 3 regulated entries: FCA, CYSEC, FSCA.
  • account conditions that permit scalping.
  • 2 listed platform types, including MT5, MT4.

MONETA MARKETS

  • dedicated trading-tool functionality.
  • a minimum deposit recorded at $50.
  • 5 listed platform types, including MT5, MT4, Self-developed, Android.

capital.com

  • an operating record beginning in 2019.
  • 5 listed platform types, including MT5, Self-developed, MT4, IOS.
  • recorded mobile trading access.

AvaTrade

Operating since 20077 platform typesMobile access

Regulators: ASIC, FSA, FSCA, CBI, ADGM.

Broker summary: The profile traces its history to 2007. Trading access is recorded through Self-developed, MT4, MT5, Web, Windows, Android, IOS. Available software includes Self-developed, MT4, MT5, Web, Windows, Android, IOS.

Advantages

  • A useful comparison point is custom-chart functionality for technical analysis.
  • For account screening, the record offers 7 listed platform types, including Self-developed, MT4, MT5, Web.
  • One practical detail is an average slippage record of -3.5.
  • The available information adds signal-chart functionality in the software record.
  • For preliminary due diligence, note recorded mobile trading access.

Points to consider

  • No biometric login (e.g., fingerprint/Face ID).
  • Funding routes and local availability can change; confirm country eligibility before funding.

InteractiveBrokers

Operating since 20023 platform typesDemo recorded

Regulators: FCA, NFA, SFC, FSA, ASIC, CIRO.

Broker summary: Operations are recorded from 2002. A simulated environment is available for testing the platform before funding. Available software includes Self-developed, Android, IOS.

Advantages

  • A second verifiable point is 6 regulated entries: FCA, NFA, SFC, FSA, ASIC.
  • The profile also brings recorded mobile trading access.
  • For a side-by-side review, consider a simulated-trading environment for order practice.
  • One account-selection factor is an operating record beginning in 2002.
  • The documented setup provides 3 listed platform types, including Self-developed, Android, IOS.

Points to consider

  • Several disclosures require individual review.
  • Funding routes and local availability can change; check the available payment routes first.

FP Markets

Operating since 20054 platform typesAccount terms recorded

Regulators: ASIC, CYSEC.

Broker summary: The operating record begins in 2005. The account information records a minimum spread of 0 pips. 2 account configurations are documented for comparison.

Advantages

  • A practical item to verify is a maximum leverage entry of 1:500, subject to local retail limits.
  • The service record contributes 2 regulated entries: ASIC, CYSEC.
  • Another concrete detail is 2 documented account configurations.
  • The profile makes it possible to compare account conditions that permit scalping.
  • For planning purposes, there is 4 listed platform types, including MT4, MT5, Self-developed, CTrader.

Points to consider

  • No biometric login (e.g., fingerprint/Face ID).
  • Funding routes and local availability can change; verify access with the exact legal entity.

FXT

Operating since 20045 platform typesDemo recorded

Regulators: ASIC.

Broker summary: The operating record begins in 2004. 4 account types are documented. 4 account configurations are documented for comparison.

Advantages

  • One trading-related detail is a minimum spread recorded at 0 pips.
  • The account review can take into account a minimum deposit recorded at $50.
  • The platform record adds an average slippage record of -1.5.
  • A relevant comparison item is recorded mobile trading access.
  • The operating profile contributes 4 documented account configurations.

Points to consider

  • Expect slow response times from customer support.
  • Funding routes and local availability can change; review the current onboarding terms before depositing.

Fusion Markets

Operating since 20192 platform typesAccount terms recorded

Regulators: ASIC.

Broker summary: Operations are recorded from 2019. 3 account types are documented. 3 account configurations are documented for comparison.

Advantages

  • The technical review can use support for expert advisers or automated strategies.
  • Before funding, it is useful to note 2 listed platform types, including MT4, MT5.
  • The available terms set out 3 documented account configurations.
  • The trading setup includes account conditions that permit scalping.
  • The account profile contributes a minimum spread recorded at 0 pips.

Points to consider

  • Several disclosures require individual review.
  • Funding routes and local availability can change; confirm withdrawal and funding options in advance.

Exness

Operating since 20122 platform typesAccount terms recorded

Regulators: FCA, CYSEC, FSCA.

Broker summary: The profile traces its history to 2012. 4 account types are documented. 4 account configurations are documented for comparison.

Advantages

  • The recorded feature mix contains 3 regulated entries: FCA, CYSEC, FSCA.
  • A cost-and-access review can consider account conditions that permit scalping.
  • The regulatory review can use 2 listed platform types, including MT5, MT4.
  • The account information includes a maximum leverage entry of 1:2,000, subject to local retail limits.
  • The trading record provides 4 documented account configurations.

Points to consider

  • No biometric login (e.g., fingerprint/Face ID).
  • Funding routes and local availability can change; confirm country eligibility before funding.

MONETA MARKETS

Operating since 20205 platform typesDemo recorded

Regulators: FCA, FSCA.

Broker summary: The operating record begins in 2020. A simulated environment is available for testing the platform before funding. 3 account configurations are documented for comparison.

Advantages

  • For risk screening, a useful fact is dedicated trading-tool functionality.
  • The software record adds a minimum deposit recorded at $50.
  • A pre-trade checklist can include 5 listed platform types, including MT5, MT4, Self-developed, Android.
  • The account comparison benefits from an operating record beginning in 2020.
  • The available profile fields include signal-chart functionality in the software record.

Points to consider

  • The profile includes adverse regulatory disclosures.
  • Funding routes and local availability can change; check the available payment routes first.

capital.com

Operating since 20195 platform typesDemo recorded

Regulators: CMA, CYSEC, FCA, ASIC.

Broker summary: The operating record begins in 2019. A simulated environment is available for testing the platform before funding. Available software includes MT5, Self-developed, MT4, IOS, Android.

Advantages

  • The side-by-side review can draw on an operating record beginning in 2019.
  • One documented point is 5 listed platform types, including MT5, Self-developed, MT4, IOS.
  • The platform comparison can use recorded mobile trading access.
  • The account-level review includes 5 regulated entries: CMA, CYSEC, FCA, ASIC.
  • The operating record adds a simulated-trading environment for order practice.

Points to consider

  • The profile includes adverse regulatory disclosures.
  • Funding routes and local availability can change; verify access with the exact legal entity.

Forex Trading in Grenada: Frequently Asked Questions

Which forex broker is best for a trader in Grenada?

AvaTrade leads this comparison, with 5 regulated entries and 7 listed platform types in its profile. The right choice still depends on the legal entity, ECSRC status, account currency, costs, platform and whether the broker accepts residents of Grenada.

Is online forex trading legal in Grenada?

Securities business is licensed through the regional framework. Check the exact company and permitted activity in the ECSRC register, then confirm whether the entity is allowed to offer the intended leveraged forex or CFD account.

How should I verify a broker in Grenada?

Start with the official Eastern Caribbean Securities Regulatory Commission site or register, then match the company name and license number to the client agreement and broker website. A license held by another company in the same group does not automatically protect your account.

Which trading platforms are available?

Self-developed, MT4, MT5, Web, Windows, Android, IOS, CTrader appear in the compared profiles. Confirm desktop, web and mobile access on the specific account because platform support can differ by jurisdiction.

How much money is needed to start?

The lowest recorded figure in this comparison is $0, but a minimum deposit is not a recommended trading balance. Allow room for margin, costs and adverse movement without relying on maximum leverage.

What should I know about deposits and withdrawals?

Confirm whether the account supports Eastern Caribbean dollar (XCD), which banks or payment providers are accepted, the conversion rate, withdrawal fees and the rule requiring funds to return to the original source. A small deposit-and-withdrawal test can reveal practical limits before a larger transfer.

How much leverage should a retail trader use?

Use less than the maximum and size each position from a predetermined loss limit. The amount displayed in a global profile may not be available on the entity serving your country. Leverage magnifies both market losses and the effect of slippage.

About WikiFX

WikiFX is an independent broker-information platform that brings together regulatory records, license details, account conditions, trading-environment data and user reports. Check the latest information with the relevant regulator and legal entity before opening or funding an account.

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