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The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.

FSC

Regulated
easyMarkets
Above 20 years
Regulated in Australia
Regulated in Cyprus
Regulated in Seychelles
Regulated in The Virgin Islands
Market Maker (MM)
Retail Forex License
MT5 Full License
MT4 Full License
Self-developed
Global Business
Medium potential risk
Offshore Regulated
8.69
Score
Domestic Regulation
OANDA
Above 20 years
Regulated in Australia
Regulated in United Kingdom
Regulated in Japan
Regulated in United States
Regulated in Canada
Regulated in Singapore
Regulated in The Virgin Islands
Market Maker (MM)
Market Maker (MM)
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
Offshore Regulated
8.50
Score
Regulated
Trive
10-15 years
Regulated in Australia
Regulated in Malta
Regulated in South Africa
Regulated in The Virgin Islands
Market Maker (MM)
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
High potential risk
Offshore Regulated
7.91
Score
Regulated
IronFX
15-20 years
Regulated in Cyprus
Regulated in United Kingdom
Regulated in South Africa
Regulated in The Virgin Islands
Market Maker (MM)
Straight Through Processing (STP)
Financial Service Corporate
Retail Forex License
MT4 Full License
Self-developed
Regional Brokers
7.82
Score
Regulated
ForexMart
10-15 years
Regulated in Cyprus
Regulated in The Virgin Islands
Market Maker (MM)
Retail Forex License
MT4 Full License
Regional Brokers
United Kingdom European Authorized Representative (EEA) Revoked
Medium potential risk
Offshore Regulated
7.42
Score
Regulated
Deriv
5-10 years
Regulated in Malta
Regulated in United Arab Emirates
Regulated in Malaysia
Regulated in Vanuatu
Regulated in The Virgin Islands
Regulated in Cayman Islands
Market Maker (MM)
Straight Through Processing (STP)
Retail Forex License
Common Financial Service License
MT5 Full License
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
7.04
Score
Regulated
Markets.com
5-10 years
Regulated in Cyprus
Regulated in The Virgin Islands
Market Maker (MM)
Retail Forex License
MT5 Full License
White label MT4
Self-developed
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
6.27
Score
Regulated
JustMarkets
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Regulated in South Africa
Regulated in The Virgin Islands
Straight Through Processing (STP)
Financial Service Corporate
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
6.20
Score
Offshore Regulated
Markets4you
15-20 years
Regulated in Mauritius
Regulated in The Virgin Islands
Retail Forex License
Retail Forex License
MT5 Full License
Self-developed
MT4 Full License
Regional Brokers
High potential risk
Offshore Regulated
5.80
Score
Regulated
IFC Markets
5-10 years
Regulated in Malaysia
Regulated in South Africa
Regulated in The Virgin Islands
Straight Through Processing (STP)
Financial Service Corporate
Retail Forex License
MT5 Full License
MT4 Full License
Self-developed
Global Business
Cyprus Common Financial Service License Revoked
Suspicious Overrun
High potential risk
Offshore Regulated
5.05
Score
Offshore Regulated
SGT
5-10 years
Regulated in The Virgin Islands
Retail Forex License
MT5 Full License
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
4.91
Score
Offshore Regulated
ZitaPlus
1-2 years
Regulated in The Virgin Islands
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
4.43
Score
Offshore Regulated
FIBOGROUP
15-20 years
Regulated in The Virgin Islands
Retail Forex License
MT4 Full License
MT5 Full License
cTrader
Cyprus Common Financial Service License Revoked
United Kingdom European Authorized Representative (EEA) Revoked
Suspicious Overrun
High potential risk
Offshore Regulated
4.09
Score
Offshore Regulated
FTD
5-10 years
Regulated in The Virgin Islands
Retail Forex License
MT5 Full License
Global Business
High potential risk
Offshore Regulated
2.30
Score