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 DFSA (Dubai), CL3989 FCA (UK), 481068 FSC (BVI), SIBA/L/14/1068 Ras Al Khaimah Free Trade Zone, IC/2993/10 |
1:500 | $50 | Review |
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.
ads |
ads |