High-frequency current transformers (HFCT) are widely used to measure fast transient current. Their advantages are simple structure and relatively moderate price. Their lower and upper bandwidth are limited, but the HFCT can be easily applied to many measuring applications in power electronics. The disadvantages of HFCT are substantial dimensions and a large weight. The paper proposes a system of a cascade connection of two transformers, which allows us to reduce these disadvantages. The properties of such an HFCT combination were investigated and described. In the article, the expression for double current transformer transmittances is derived. The frequency response of the sensor was determined, and the results were verified in a practical arrangement. An experimental setup of a cascade CT connection was made and tested, allowing for fast-changing signals in transients to be measured. This paper presents the theoretical basis and results of laboratory work on a wide range of static and dynamic tests of the proposed sensor.