Best forex brokers in Jamaica

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Jamaica is the third largest island in the Caribbean after Cuba and Hispaniola and since 2001 the financial markets in the country are regulated by the Financial Services Commission (FSC). (The banking sector remains the sole responsibility of the Bank of Jamaica, which also takes care of the Jamaican dollar.)

Currently the Commission acts as an integrated financial services regulator, overseeing the securities industry, the insurance industry and the private pensions industry. In that sense the FSC is responsible for licensing, registering and supervising trustees, administrators and investment managers of private pension schemes and insurance companies.

However, as forex and CFD brokers are not mentioned specifically in the list, your best option to trade forex safely in Jamaica is to chose a brokers with a legit license from a well respected financial authority such as the he Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) or the Australian Securities and Investments Commission (ASIC).

In Jamaica you can certainly pay with major credit cards like MasterCard and VISA. Apart form that popular online payment methods include ePay, NCB Quisk Mobile Money and Sagicor MyCash.