ASIC, CySEC, DFSA +2 more
Trusted Forex Brokers In Grenada For Currency Trading
A small island nation in the Caribbean, Grenada’s economy is based primarily on tourism, agriculture, and the service industry. With a nominal GDP of $1.25 billion and a modest population of 125,000 people, Grenada Forex brokers largely cater to international clients. While Grenada does not have a separate regulatory body for forex broker licensing, some brokerages licensed by The FCA and CySEC do offer their services in Grenada. The best forex brokers in Grenada offer the trading of Grenada’s national currency, the East Caribbean dollar (XCD), as well as major pairs from around the world, and exotic pairs involving the likes of the Barbadian dollar (BBD), the Trinidad and Tobago dollar (TTD), and many more.
While the top forex brokers in Grenada may not offer much in terms of variety, they do offer some of the staples of currency trading, including major pairs, such as EUR/USD, USD, CHF, etc. Forex brokers that do offer their services in Grenada are regulated by some of the most trusted regulatory bodies in the world, which gives traders in the country plenty of choice for their trades. Overall, Grenada is a tiny island country with several internationally recognized FX brokers operating in the country. With limited resource wealth of its own, Grenada is not particularly known for its commodities market.