Forex Brokers in British Virgin Islands


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.

Broker Regulation Max Leverage Min Deposit General Rating
IFC Markets
British Virgin Islands
2006
CySEC 147/11
FSC (BVI) SIBA/L/14/1073
1:400 $1 Review
Forex4You
British Virgin Islands
2007
FSC (BVI) SIBA/L/12/1027
The Financial Commission 22.10.2019
1:1000 $1 Review
FIBOGroup
British Virgin Islands
1998
CySEC 118/10
FSC (BVI) SIBA/L/14/1063
1:1000 $1 Review
Forexite
British Virgin Islands
1999
None 1:100 $1 Review
MultiBank
British Virgin Islands
2005
ASIC 416279
BaFin 73406
FCA (UK) 481068
FSC (BVI) SIBA/L/14/1068
Ras Al Khaimah Free Trade Zone IC/2993/10
1:500 $50 Review
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