Best Day Trading Platforms In Jamaica 2025
Day traders in Jamaica may look to profit from price movements of currencies like Jamaican dollars (JMD), shares from the Jamaica Stock Exchange (JSE), and global financial markets.
Doing so will require an online broker, ideally regulated by the Financial Services Commission (FSC) of Jamaica or another trusted regulator.
Dig into our best brokers for day trading in Jamaica. We’ve scoured our database of 219 providers to list trustworthy and cost-efficient day trading platforms with excellent market access and features for active traders.
Top 6 Platforms For Day Trading In Jamaica
These 6 brokers achieved the highest scores in our latest tests and placed as the best for day trading in Jamaica:
Why Are These Brokers The Best For Day Traders In Jamaica?
Here's a snapshot of why we think these are the best day trading platforms for Jamaicans:
- XM is the best day trading provider in Jamaica for 2025 - XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
- AvaTrade - Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
- IC Markets - IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
- Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
- RoboForex - RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
- Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
How Safe Are These Day Trading Providers In Jamaica?
Choosing a broker for day trading isn’t just about trading tools - it’s about security and protecting your funds:
| Broker | Trust Rating | Guaranteed Stop Loss | Negative Balance Protection | Segregated Accounts |
|---|---|---|---|---|
| XM | ✘ | ✔ | ✔ | |
| AvaTrade | ✘ | ✔ | ✔ | |
| IC Markets | ✘ | ✔ | ✔ | |
| Exness | ✘ | ✔ | ✔ | |
| RoboForex | ✘ | ✔ | ✔ | |
| Deriv | ✘ | ✔ | ✔ |
Compare Mobile Day Trading In Jamaica
Here's how the top day trading apps in Jamaica measure up after we evaluated the mobile trading experience:
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| XM | iOS, Android & Windows | ✘ | ||
| AvaTrade | iOS & Android | ✘ | ||
| IC Markets | iOS & Android | ✘ | ||
| Exness | iOS & Android | ✘ | ||
| RoboForex | iOS & Android, R StocksTrader | ✘ | ||
| Deriv | iOS & Android | ✘ |
Are The Top Day Brokers In Jamaica Good For Beginners?
Beginners should use brokers that provide day trading in a demo account plus other key that new traders need:
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Education Rating | Support Rating |
|---|---|---|---|---|---|
| XM | ✔ | $5 | 0.01 Lots | ||
| AvaTrade | ✔ | $100 | 0.01 Lots | ||
| IC Markets | ✔ | $200 | 0.01 Lots | ||
| Exness | ✔ | $10 | 0.01 Lots | ||
| RoboForex | ✔ | $10 | 0.01 Lots | ||
| Deriv | ✔ | $5 | 0.01 Lots |
Are The Top Day Trading Brokers In Jamaica Good For Advanced Traders?
Experienced traders should look for value-add tools to upgrade the day trading environment:
| Broker | Automated Trading | VPS | AI | Pro Account | Leverage | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| XM | Expert Advisors (EAs) on MetaTrader | ✔ | ✘ | ✘ | 1:1000 | ✔ | ✘ |
| AvaTrade | Expert Advisors (EAs) on MetaTrader | ✘ | ✘ | ✔ | 1:30 (Retail) 1:400 (Pro) | ✔ | ✘ |
| IC Markets | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✔ | ✘ | ✘ | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✔ | ✘ |
| Exness | Expert Advisors (EAs) on MetaTrader | ✔ | ✘ | ✔ | 1:Unlimited | ✔ | ✘ |
| RoboForex | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✔ | ✘ | ✘ | 1:2000 | ✘ | ✘ |
| Deriv | Expert Advisors (EAs) on MetaTrader, DBots | ✘ | ✘ | ✘ | 1:1000 | ✔ | ✔ |
Compare The Ratings Of Top Day Trading Brokers In Jamaica
See how the top day trading platforms scored in every key area after our hands-on tests:
| Broker | Trust | Platforms | Assets | Mobile | Fees | Accounts | Research | Education | Support |
|---|---|---|---|---|---|---|---|---|---|
| XM | |||||||||
| AvaTrade | |||||||||
| IC Markets | |||||||||
| Exness | |||||||||
| RoboForex | |||||||||
| Deriv |
Compare Day Trading Fees
The cost of day trading can make a dent in your returns, so here's how our top platforms stack up on costs:
| Broker | Cost Rating | Fixed Spreads | Inactivity Fee |
|---|---|---|---|
| XM | ✘ | $5 | |
| AvaTrade | ✔ | $50 | |
| IC Markets | ✘ | $0 | |
| Exness | ✘ | $0 | |
| RoboForex | ✘ | $0 | |
| Deriv | ✘ | $25 |
How Popular Are These Day Trading Platforms?
Many active traders in Jamaica prefer the most popular day trading platforms (those with the most clients):
Why Day Trade With XM?
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
Christian Harris, Reviewer
XM Quick Facts
| Bonus Offer | $30 No Deposit Bonus When You Register A Real Account |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | ASIC, CySEC, DFSA, IFSC |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM’s customer support has delivered over years of testing, with 24/5 assistance in 25 languages, response times of <2 minutes and now a growing Telegram channel.
- XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
- XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
Cons
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
- Although trusted and generally well-regulated, the XM global entity is registered with the weak IFSC regulator and UK clients are no longer accepted, reducing its market reach.
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
Why Day Trade With AvaTrade?
"AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets."
AvaTrade Quick Facts
| Bonus Offer | 20% Welcome Bonus up to $10,000 |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Regulator | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- AvaTrade continues to enhance its suite of products, recently through AvaFutures, providing an alternative vehicle to speculate on over 35 markets with low day trading margins.
- The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.
- Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
Cons
- The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
- While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
- AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
Why Day Trade With IC Markets?
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
IC Markets Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Regulator | ASIC, CySEC, FSA, CMA |
| Platforms | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Minimum Deposit | $200 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- IC Markets offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
- You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
- As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally.
Cons
- Interest isn't paid on unused cash, an increasingly popular feature found at alternatives like Interactive Brokers.
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
- The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
Why Day Trade With Exness?
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:Unlimited |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
- Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.
- Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze.
Cons
- Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders.
- Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
- MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone.
Why Day Trade With RoboForex?
"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."
RoboForex Quick Facts
| Bonus Offer | $30 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures |
| Regulator | IFSC |
| Platforms | R StocksTrader, MT4, MT5, TradingView |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR |
Pros
- RoboForex is known for its tight spreads starting from 0 pips and low minimum deposits from $10, making it accessible to those on a budget. The ability to trade with micro lots further lowers the barrier to entry for new traders.
- The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.
- The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows day traders to maximize their trading potential, albeit with a corresponding increase in risk.
Cons
- RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.
- RoboForex provides a variety of account types, which, while offering flexibility, can be overwhelming for newer traders trying to choose the most suitable option for their trading style. Alternatives, notably eToro, provide a smoother entry into online trading with one retail account.
- Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
Why Day Trade With Deriv?
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
Pros
- Although response times trail alternatives in our personal experience, Deriv offers 24/7 support and is one of the few brokers to offer WhatsApp assistance.
- After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.
- Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023.
Cons
- Leverage up to 1:1000 will appeal to traders with a large risk appetite but frustratingly there is no ability to flex the leverage in the account area.
- Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.
- Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation.
Methodology
We took these steps to gain a comprehensive view of the best day trading brokers in Jamaica:
- We filtered our database of 219 brokers to select those that accept day traders in Jamaica.
- We chose those that are regulated by the FSC or another reputable body.
- We researched the brokers that offer high-quality features for competitive fees.
- We selected brokers that offer short-term traders access to a wide range of markets.
- We investigated execution quality to find fast brokers with reliable execution.
- We recommended brokers that accept convenient Jamaican payment methods.
How To Choose A Day Trading Broker In Jamaica
Over decades of combined trading experience, our team consistently finds these the most significant factors to consider when choosing a broker:
Trust
Day trading can involve investing significant sums of your hard-earned Jamaican dollars, so you’ll need a brokerage you can rely on.
The massive fraud case against Kingston-based Stocks and Securities Ltd, which allegedly stole millions from investors including $12.7 million from Olympic sprinter Usain Bolt, shows the importance of trust for day traders.
Jamaica’s FSC regulates brokers and oversees markets, but many reputable, internationally regulated brokers also accept Jamaican clients.
Look for one with a long and clean track record in the industry, a large customer base, and a licence from a high-scoring regulator in DayTrading.com’s Regulation and Trust Rating.
- AvaTrade remains one of DayTrading.com’s most trusted brokers, with 15+ years in the business, transparent fees and conditions and regulation from seven reputable watchdogs earning it a near-perfect 4.8 Trust score.
Pricing
Many day traders make a large volume of trades in one day, incurring brokerage fees each time they open or close a position that can eat away at profits.
That’s why we recommend brokers that provide excellent value by weighing the average spread and commission fees against the services provided.
Our top brokers offer spreads near zero on highly liquid assets such as major FX pairs and low commissions; some even offer discounts for high-volume traders.
The best brokers will also provide high-value services to traders, including research resources and tools such as algo trading, VPS access and copy trading, catering to beginners through to seasoned traders.
- IC Markets consistently leads the pack on pricing, thanks to its exceptionally tight spreads on major pairs like EUR/USD (averaging 0.1) and stocks (0.02) and low $3.50 commission. The low prices don’t detract from this broker’s range of services – active traders get access to an excellent suite of charting platforms and research tools for no added cost.
Market Access
Traders in Jamaica can access stocks on the Jamaica Stock Exchange or trade Jamaican dollars, but day traders may look for more liquid international markets to profit from short-term price movements.
Choose a broker with superb market access covering a wide range of assets, such as forex pairs, international stocks, indices, commodities and cryptocurrencies.
These brokers may allow you to benefit from the tightest spreads on instruments like the EUR/USD pair while maintaining regional exposure through assets like the American Century Emerging Markets Bond ETF (AEMB).
Trading the most liquid markets like USD pairs and major indices usually brings the lowest fees and best execution.Jamaican stocks are not always readily available from large international brokers based on our research, so you may need to trade an ETF for exposure to local markets.
- XM continues to develop its strong list of 1000+ assets, including novel instruments such as themed indices and highly leveraged ‘turbo stocks’. With cryptocurrency trading available as well as classic instruments like FX pairs and stocks, there’s plenty to keep all short-term traders interested.
Charting Platforms
Our top day trading brokers provide charting platforms with powerful tools to scour markets for opportunities, execute trades and analyze your performance.
Classic platforms like MetaTrader 4 and MetaTrader 5 have long been popular among Jamaican day traders and are supported by most brokers we’ve tested.
Some traders favor established platforms like cTrader for its depth of market data and algo-trading setup, while contemporary platforms like TradingView provide the slickest interface with in-built data and analysis tools.
Some firms also provide proprietary charting software that is easily accessible through a browser window or mobile app.
- Deriv.com keeps drawing day traders of all stripes because it has one of the best charting offerings around with seven third-party and proprietary platforms to suit every style. The additional tools, including code-free algorithmic trading, copy trading and mobile apps, ensure that traders are well-equipped to tackle the markets at any time.
Leverage
Day traders often use leverage to boost their positions, allowing for significant profits from small, short-term price movements. This is often a key part of many day trading strategies, so you should pick a broker with transparent leverage requirements.
By opening a leveraged position, you can increase the size of your trade well beyond the amount in your account by borrowing funds. Leverage is not restricted in Jamaica, meaning some brokers offer 1:1000 – allowing you to borrow 1000x your own stake – or even more.
This is far higher than the 1:30 limit imposed in the UK, EU and elsewhere, but traders must exercise great caution: both losses and gains are magnified in leveraged trades, and a single bad trade made with high leverage can wipe out huge amounts of capital.
- RoboForex offers 1:2000 leverage – some of the highest in the market from our investigations – but this broker isn’t just for experienced, high-risk traders. There are also account options to suit newer and more conservative traders, including the R Stocks Trader account with a lower 20% stop-out level.
Execution Quality
Day trading often involves razor-thin margins; order execution quality is incredibly important as it means traders’ orders are filled quickly and at or near the quoted price.
Our top brokers provide fast execution, often averaging 100ms or considerably lower. They have low latency, meaning your order will go through quickly, and low slippage, meaning the price you pay should not diverge much from the price when you place an order.
- IC Markets‘ order execution continues to impress, with average execution of 40ms far ahead of the industry average and well below our 100ms top limit for a ‘fast’ broker.
Account Funding
Choosing a broker with fast, cost-efficient account payment methods means you’ll get the best value from your deposits and will lose no trading time waiting for your funds to land.
Day traders who use digital wallets can seamlessly convert their Jamaican dollars into the required currency to fund their accounts, often with excellent rates.
Payment giants like PayPal and Google Pay are still the most widely accepted around the world. Traders in Jamaica may also be able to use local services like Lynk or GraceKennedy, both of which have integrated with Western Union.
- Exness is still our top choice for account funding methods, thanks to its plethora of accepted account currencies, including Jamaican dollars. Traders get unparalleled flexibility, with traditional card payments, digital wallets and cryptocurrency all accepted.
FAQ
Who Regulates Day Trading In Jamaica?
Jamaica’s Financial Services Commission (FSC) regulates the day trading market, including trading brokers. The Bank of Jamaica (BoJ) oversees broader financial markets.
The FSC is an ‘orange-tier’ regulator according to DayTrading.com’s Regulation and Trust Rating. This means that the protections it offers are limited, and traders will have less protection if there is a dispute.
Which Broker Is The Best For Day Trading In Jamaica?
This will depend on your requirements. Check our list of top day trading platforms in Jamaica to find the best fit for you.
Recommended Reading
Article Sources
- Financial Services Commission (FSC)
- Jamaica Stock Exchange (JSE)
- Bank of Jamaica
- TheFinRate: Western Union Integrates With Jamaica's Largest Digital Wallets
- The Guardian: Jamaican officials turn to FBI to help probe $12.7m fraud targeting Usain Bolt
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com