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6 Best Forex Brokers in Cuba

Last Update: June 11th, 2024

Cuba

 

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

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Cuba – a List
  • Is Forex Trading Legal in Cuba?
  • Is Exness available in Cuba?
  • The Best Forex Brokers in Cuba for Beginners
  • Low CUP Minimum Deposit Brokers

 

and much, MUCH more!

 

4 Best Forex Brokers in Cuba

 

6 Best Forex Brokers in Cuba – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Traders in Cuba💷 Min. Deposit (CUP)
🥇 TMGM👉 Click Here✅Yes2396,44
🥈 Axi👉 Click Here✅YesNone
🥉 GO Markets👉 Click Here✅Yes4792,88
🏅 FP Markets👉 Click Here✅Yes1597,37
🎖️ Pepperstone👉 Click Here✅Yes3158,98
🥇 XTB👉 Click Here✅YesNone

 

6 Best Forex Brokers in Cuba (2024)

 

  1. ☑️ TMGM – Overall, the Best Forex Broker in Cuba
  2. ☑️ Axi – Best Overall Trading Experience
  3. ☑️ GO Markets – Best Online Trading Experience
  4. ☑️ FP Markets – Best Forex Broker for Beginners
  5. ☑️ Pepperstone – Best Mobile Trading Experience
  6. ☑️ XTB – High Cuban Trust Score

 

TMGM Review

 

TMGM

TMGM is a popular Forex, CFD, and, Financial Services provider. Regulations include ASIC, FMA, and, the VFSC. Accounts available are Classic, Edge, IRESS Standard, IRESS Premium, and, IRESS Gold. the minimum deposit is 100 USD. In addition, notable Benefits, Factors, and Features to consider include:

 

  • 24/7 Dedicated Customer Support
  • 6 Base Currencies, including USD, EUR, and, AUD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:1000
  • Over 50 Currency Pairs, including major, minor, and, exotic
  • An Inactivity Fee is Charged
  • Commissions are Charged

 

Trading Instruments include Forex, metals, shares, energies, crypto CFDs, and, indices. Moreover, scalping and hedging are offered. TMGM supports MetaTrader 4, MetaTrader 5, IRESS, and, HUBx.

 

🔍 Broker🥇TMGM
💵 Minimum Deposit100 USD
4️⃣ Ease of use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

TMGM Review

 

Pros and Cons

 

✅ Pros❌ Cons
Quick order execution + little slippageRestricted Proprietary Platforms
MT4 and MT5Limited Demo Account

 

Our Insights

The Benefits of trading with TMGM include quick order execution, little slippage, and deals filled at the correct pricing.

 

Axi Review

 

Axi

Axi is a trustworthy Forex and CFD Broker with a robust regulatory framework. Regulations include ASIC, SVG FSA, FCA, FMA, DFSA, and, the FRSA. Accounts include Standard, Pro, and Elite. In addition, a Demo Account is available. In addition, notable Benefits, Factors, and Features to consider include:

 

  • No Minimum deposit is required
  • Occasional Bonus Offers and Promotions
  • 24/5 Customer Support
  • Multiple Base Currencies, including AUD, CAD, and, EUR
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 70 Currency Pairs
  • Commission Fees are Charged

 

Trading Instruments include Forex, share CFDs, indices, commodities, oil, precious metals, crypto CFDs, CFDs, and, IPOs. Axi supports MetaTrader 4.

 

🔎 Broker🥇 Axi
💴 Minimum Deposit0 USD
💵 Inactivity Fee✅Yes
💝 Bonuses✅Yes
⏰ Support Hours24/5
🖱️ Trading PlatformsMetaTrader 4
🚀 Open an Account
👉 Click Here

 

Axi Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Axi is regulated by top-tier agenciesOnly MetaTrader 4 is available
Axi provides standard, professional, and advanced accountsAxi does not have a proprietary trading platform
Axi supports the use of MetaTrader 4 across devicesCrypto withdrawals are not available
Users can trade forex and CFDs on equities, indices, commodities, and CryptoAxi restricts customers from the United States and other regions

 

Our Insights

The benefits of trading with Axi include multiple account types and industry-leading trading platforms.

 

Go Markets Broker Review

 

GO Markets

GO Markets is a reliable and robust forex and CFD broker. Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Accounts include Standard, GO+ Plus, and, Demo. The minimum deposit is 200 USD. In addition, notable Benefits, Factors, and Features to consider include:

 

  • 24/5 Customer Support
  • Multiple Base Currencies, including AUD, USD, and, EUR
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Over 50 Currency Pairs, including Major, Minor, and, Exotic

 

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

 

🔎 Broker🥇 GO Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

The benefits of trading with GO Markets include up-to-date educational resources and impressive customer support.

 

FP Markets

 

FP Markets

FP Markets is a well-established and highly regulated Forex and CFD Brokerage. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts include Standard, Raw, Islamic Standard, Islamic Raw, and, Demo. The minimum deposit is AU$100. In addition, notable Benefits, Factors, and Features to consider include:

 

  • Multiple Base Currencies including AUD, CAD, and, EUR
  • 24/7 Customer Support
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • No inactivity Fee is Charged
  • Multilingual Website Option
  • Access to an Affiliate Option
  • Scalping and Hedging are offered

 

Trading Instruments include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. Moreover, a Proprietary Mobile Trading App is available.

 

🔎 Broker🥇 FP Markets
💴 Minimum DepositAU$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💶 Currency PairsMajor, Minor, Exotic
📌 RegulationsASIC, CySEC, FSCA, FSA, FSC
5️⃣ Ease of Use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

FP Markets

 

Pros and Cons

 

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight SpreadsWithdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The benefits of trading with FP Markets include access to excellent educational resources, including a Trader’s Hub. Trading Manual, and, Webinars.

 

Pepperstone Review

 

Pepperstone

Pepperstone is a highly regulated and well-established Forex Brokerage. Regulations by renowned agencies include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and the SCB. Accounts available are Standard and Razor. The Minimum deposit is AU$ 200. Moreover, a Demo and Islamic, Swap-Free Option is available. In addition, notable Factors and Features include:

 

  • USD and GBP Base Currencies
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500 (Pro Account)
  • No Inactivity Fee is Charged
  • Multilingual Customer Support

 

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.

 

🔎 Broker🥇 Pepperstone
💴 Minimum DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

 

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The benefits of trading with Pepperstone include access to excellent educational materials and trusted customer support.

 

XTB Review

 

XTB

XTB is a trusted Forex and CFD Broker with a wide range of financial products. Regulations by renowned agencies include the FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts available are Standard and Islamic, Swap-Free. Moreover, a Demo Account is available. In addition, notable Factors and Features include:

 

  • USD, EUR, GBP Base Currencies
  • Spreads from 0.5 Pips
  • Leverage of up to 1:500
  • Access to over 57 Currencies Pairs
  • No Minimum Deposit is Required
  • An Inactivity Fee is Charged

 

Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs. XTB supports xStation 5 and xStation Mobile.

 

🔍 Broker🥇 XTB
💵 Minimum Deposit0 USD
5️⃣ Ease of use Rating5/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

XTB

 

Pros and Cons

 

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalHigh conversion fee

 

Our Insights

The benefits of trading with XTB include narrow spreads on main currency pairs and other popular assets.

 

Forex in Cuba

 

In Conclusion

Forex Trading in Cuba operates in a grey area. However, multiple International Forex brokers accept Cuban Traders.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewCySEC, MISA, FSCAUSD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers that accept Cuban Traders, 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.

 

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FAQs

Multiple International Forex Brokers accept Cuban Traders.

Exness does not accept residents of Cuba.

Base currencies accepted by TMGM include USD, EUR, GBP, AUD, NZD, and, CAD.

The minimum deposit required is 100 USD.

Axi supports MetaTrader 4.

24/5 Customer Support is available.

No inactivity Fee is charged.

Leverage of up to 1:500 is provided.

Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC.

Pepperstone charges a commission fee starting at AU$ 7 for every round turn.

No Minimum deposit is required.