Timeframe: 4-6 months

Capital Requirements: CI$100,000


Obtaining a Cayman forex license involves applying to the Cayman Islands Monetary Authority (CIMA), which is the regulator that supervises the financial services in Cayman Islands.


Companies that provide the forex services in the Cayman Islands are required:

  1. be incorporated in the Cayman Islands;
  2. be licensed in accordance with the licensing requirements;
  3. meet the minimum net worth requirements (CI$100,000) for a securities dealer license;
  4. have two directors (which may be non-residents);
  5. The Company must have an operational office in the Cayman Islands