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
FSA (Labuan), MB / 20/004
FSC (BVI), SIBA/L/14/1073
1:400 $1 Review
OANDA
British Virgin Islands
1995
CFTC/NFA 0325821
FCA (UK), 54257
FSA (Japan), 1571
FSC (BVI), SIBA/L/20/1130
Kanto Local Finance Bureau (Japan), 2137
MFSA, 18.12.2020
1:50 $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
IFSC (Belize) 142/168
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.




FAQ

What is the best forex broker in British Virgin Islands?

Finding the best forex broker in British Virgin Islands is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from British Virgin Islands, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.


Where can I trade forex in British Virgin Islands?

The list in this page can be a good reference if you look to trade with in British Virgin Islands. We have sorted specific forex brokers that accept clients from British Virgin Islands, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.


What is the best forex broker for beginners?

If you are a beginner and looking for the right broker to trade with in British Virgin Islands, some aspects that you need to pay attention to are the low minimum deposit, demo account , and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.

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