CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Broker Dossier

BVI Financial Services Commission

Our tier
Tier 3 (offshore)
Jurisdiction
British Virgin Islands
Public register
Open the official register

The British Virgin Islands Financial Services Commission licenses investment businesses under the Securities and Investment Business Act.

What it means for a retail trader

This is an offshore licence. Client protections are lighter than in the UK, EU or Australia, and there is no investor compensation scheme.

How to check a firm

Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.

Brokers in our database with a BVI FSC licence

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
AvaTrade Founded 2006 50 Ava Trade Markets Ltd BVI FSC #SIBA/L/13/1049 Tier 3 (offshore) $100 MT4MT5Own platform Review Visit site
Exness Founded 2008 42 Exness (SC) Ltd FSA Seychelles #SD025 Tier 3 (offshore) $10 MT4MT5Own platform Review Visit site
OANDA Founded 1996 54 OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) $0 Own platformMT4MT5TradingView Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.