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Forex Brokers in British Virgin Islands

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The British Virgin Islands is one of the best-known offshore islands with a stable political environment and strong legal framework based on British law, which is aimed to protect both forex brokers and forex traders.

Forex brokers in the British Virgin Islands are required to hold a license from the British Virgin Islands Financial Services Commission (BVIFSC) as the national financial regulator. The process of obtaining a broker's license here is a bit more complicated than in the other offshore jurisdictions. However, this also means that the brokers who hold it are serious players in the forex broker business. Unregulated forex brokers are not allowed to operate out of the British Virgin Islands.


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Score Broker Country Regulation Min Deposit Max Leverage

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.

Additional FAQ

To find out which forex broker is most suitable for you, you should take a quick look below:

  1. FBS: initial deposit as low as $1

  2. Exness: minimum deposit of $1

  3. LiteFinance: minimum deposit of $50

  4. InstaForex: minimum deposit limit of $1

  5. FXOpen: minimum deposit starting from $1

  6. JustMarkets: deposit as small as $1

  7. XM: minimum deposit of $5

Continue Reading at Forex Trading with Small Money, Is It Possible?

  1. IC Markets: If you fund your capital using Skrill on IC Markets, it will be processed instantly, but they only accept AUD, USD, JPY, EUR, SGD, and GBP currencies.
  2. FP Markets: In this broker, Skrill payments only accept USD, EUR, and GBP currencies.
  3. FBS: Skrill deposits are free, but there's a 1% commission for withdrawals.
  4. HF Markets: The minimum deposit is $10 and will be processed within 10 minutes with no fee.
  5. OctaFX: If you keep your funds in your Skrill account in Euro, depositing the OctaFX Euro account requires no conversion.
  6. Vantage: Payment using Skrill in this broker only accepts USD, EUR, GBP, and CAD currencies that will be processed within 24 business hours.

Continue Reading at Skrill for Forex Traders: Benefits and Brokers to Choose

  • Forex Deposit Bonus
    A forex deposit bonus is closely related to the deposit you make. Normally, you need to make a deposit on the website of your chosen broker. 

  • Forex No Deposit Bonus
    Forex no deposit bonus can be a solution if you don't want to risk too much money for trading. In short, you will be given money by your broker to make your first trade.

  • Welcome Forex Bonus
    This type of bonus is dedicated to new clients, therefore you can't get this promo if you're a regular client. 

  • Special VIP and Regular Customer Bonus
    Usually, brokers will reward their loyal clients with bonuses, as well as their VIP clients. Normally you need to stay active on the broker for some time to claim the bonus. 

  • Pending Forex Bonus
    Just like the name suggests, you can't use this bonus immediately after you receive it. However, you can claim it once you do a particular action on your broker's platform. 

  • Forex Reload Bonus
    This bonus is dedicated to regular clients. Usually, the broker will give you the bonus on the second deposit and after. 

Continue Reading at What You Need to Do in Choosing the Best Forex Bonus

Here are some factors that determine a broker's quality for scalping.

  1. Low spread: The spread will bring a very significant impact as scalpers could trade multiple positions during a short period of time.
  2. Complete trading tools: Scalpers are always more focused on the action and reaction pattern of the price movement from time to time. Therefore, they need a complete and qualified technical analysis feature. 
  3. Allow scalping: Scalping can be restricted or not allowed in some brokers, so it's important to make sure that your broker has no certain conditions on the strategy.

Continue Reading at The Secrets of Successful Scalping Strategy


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