CFD brokers and Cuba
None of the 7 brokers we review accept residents of Cuba at the moment, usually because of sanctions, licensing rules or the brokers' own risk policies.
By Broksal Team, investing in forex and CFD markets since 2017. Updated . How we test
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
Brokers usually exclude a country because of international sanctions, local licensing rules or their own risk policies. Opening an account with false residency details breaks the broker's terms and can get the account closed with funds frozen. If you live elsewhere, choose your country of residence on the country list.
Cuba at a glance for traders
| Capital | Havana |
|---|---|
| Currency | Cuban convertible peso (CUC, $); Cuban peso (CUP, $) |
| Official languages | Spanish |
| Time zone | America/Havana (UTC−4 in early October) |
| Financial regulator | No national regulator with a CFD regime we could confirm |
| Brokers accepting residents | 0 of 7 |
| CFDs available | No |
Rules for CFD traders in Cuba
International brokers usually onboard residents of Cuba through an offshore entity, where leverage can be higher and investor protection is weaker than in the EU, UK or Australia. Check which entity you sign with and whether local rules restrict trading with foreign brokers.
All 7 brokers we review, checked for Cuba
| Broker | Accepts residents | Entity and regulator |
|---|---|---|
| XTB | No | XTB alternatives |
| XM | No | XM alternatives |
| IC Markets | No | IC Markets alternatives |
| Interactive Brokers | No | Interactive Brokers alternatives |
| Freedom24 | No | Freedom24 alternatives |
| IQ Option | No | IQ Option alternatives |
| eToro | No | eToro alternatives |
XTB, XM, IC Markets, Interactive Brokers, Freedom24, IQ Option and eToro do not accept residents of Cuba according to their published country lists. Opening an account with false residency details breaks the broker's terms and can get your account closed with funds frozen.
Other countries in Caribbean
| Country | Brokers available | Top pick |
|---|---|---|
| 🇦🇬 Antigua and Barbuda | 4 of 7 | XM |
| 🇧🇸 Bahamas | 4 of 7 | XM |
| 🇧🇧 Barbados | 4 of 7 | XM |
| 🇩🇲 Dominica | 4 of 7 | XM |
| 🇩🇴 Dominican Republic | 5 of 7 | XM |
| 🇬🇩 Grenada | 4 of 7 | XM |
Frequently asked questions
Which brokers accept traders from Cuba?
None of the brokers we review currently accept residents of Cuba.
Which brokers are not available in Cuba?
XTB, XM, IC Markets, Interactive Brokers, Freedom24, IQ Option and eToro do not accept residents of Cuba according to their published country lists.
Is CFD trading legal in Cuba?
Rules differ by country. Brokers that accept residents of Cuba do so under their own licences, but local law may restrict trading with foreign brokers or moving money abroad. Check with the local financial regulator if unsure.
Do most traders lose money with CFDs?
Yes. Regulated brokers must publish the share of retail accounts that lose money, and it is typically well above half. Only trade with money you can afford to lose.
Availability last checked 6 October 2026. Brokers change their country lists without notice; the broker's sign-up form is the final word.