BVI Regulated Forex Brokers


The British Virgin Islands Financial Services Commission or BVI FSC is an autonomous regulatory authority that helds responsible for the regulation, supervision, and inspection of all the British Virgin Islands financial services including forex brokerage firms.

The BVI FSC is also the watchdog for insurance, trustee banking, intellectual property, banking, company registration and management, and limited partnerships. The aim of the Commission is to safeguard the public against unauthorised or illegal financial service providers offering services from or within the British Virgin Islands.

Broker Regulation Max Leverage Min Deposit General Rating
easyMarkets
Australia
2001
ASIC 246566
CySEC, 079/07
FSA (Seychelles), 19.09.2020
FSC (BVI), 15.20.2020
1:400 $100 Review
AvaTrade
Australia
2006
ASIC, 406668
Central Bank of Ireland C53877
Financial Futures Association (Japan), 1574
Financial Services Regulatory Authority (Abu Dhabi), 190018
FSA (Japan), 1662
FSC (BVI), 2013-07-30
FSCA (South Africa), 45984
IS
1:400 $100 Review
Exness
Cyprus
2008
CySEC, 178/12
FCA (UK) 730729
FSA (Seychelles), SD025
FSC (BVI), SIBA/L/20/1133
FSC (Mauritius), 176967
FSCA (South Africa), 51024
The Financial Commission, 22.07.2021
1:2000 $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
FIBOGroup
Austria
1998
CySEC, 118/10
FSC (BVI), SIBA/L/14/1063
1:1000 $1 Review
InstaForex
Russian Federation
2007
FSA (St. Vincent & the Grenadines) IBC22945
FSC (BVI), SIBA/L/14/1082
1:1000 $1 Review
Forex4You
British Virgin Islands
2007
FSC (BVI) SIBA/L/12/1027
The Financial Commission, 22.10.2019
1:1000 $1 Review
MultiBank
Australia
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
World Forex
Vanuatu
2007
FSC (BVI), 1420912
Vanuatu Financial Services Commission 300236
1:500 $1 Review
IFC Markets
British Virgin Islands
2006
CySEC 147/11
FSA (Labuan), MB / 20/004
FSC (BVI), SIBA/L/14/1073
1:400 $1 Review
Deriv
Malaysia
1999
FSA (Labuan), MB/18/0024
FSC (BVI), SIBA/L/18/1114
MFSA C70156
The Financial Commission, 08.06.2020
Vanuatu Financial Services Commission, 14556
1:1000 $5 Review



FAQ

What does BVI regulated mean?

Being regulated by the BVI or the BVIFSC means operating under the standards of a British Virgin Islands financial regulator. BVI forex brokers typically enjoy several tax breaks that enables firms to enjoy huge profits and offer lucrative offers to attract clients.


What are BVI rules?

The country enforces its rules through the Securities and Investment Business Act of 2010, which was created alongside the BVIFSC. The regulatory guidelines are quite simple and do not go according to the global regulatory frameworks. Registered companies under the BVIFSC are not required to hold any amount of minimum capital, nor keep client funds in segregated accounts.

Still, financial dealings and transactions are monitored by the BVIFSC. Regulated brokers in British Virgin Islands are also required to follow several regulatory guidelines to avoid insider trading, prevent financial scams, and other aspects that may harm the BVI economy.


What is the main purpose of BVI?

To safeguard the economic interests of British Virgin Islands by upholding its integrity as a well-regulated international finance center. In general, the BVIFSC has purposes to:

  • Protect the interests of the general public and market participants.
  • Ensure industry compliance with the highest international regulatory standards and best business practices.
  • Ensure that the nation plays its part in the fight against cross-border, white-collar crime while safeguarding the privacy and confidentiality of legitimate business transactions.

What are the powers of BVI?

By enforcing all financial services regulatory and registry legislation, the BVIFSC has the power to monitor the regulated financial services activity to protect the public against any illegal and/or unauthorised financial services. The agency also has the right to review all financial services and related enforcement legislation and policie to keeping attuned to domestic and international developments affecting the financial services industry.

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.

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