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.

BVI Financial Services Commission

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

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

BrokerTrust ScoreYour entity & regulatorMin. depositPlatforms
AvaTrade Since 2006 50/99 BVI FSC #SIBA/L/13/1049 Ava Trade Markets Ltd $100 MetaTrader 4, MetaTrader 5, Own platform Review Visit AvaTradeOfficial site · we earn no commission here
Exness Since 2008 42/99 FSA Seychelles #SD025 Exness (SC) Ltd $10 MetaTrader 4, MetaTrader 5, Own platform Review Visit ExnessOfficial site · we earn no commission here
OANDA Since 1996 54/99 BVI FSC OANDA Global Markets Ltd $0 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit OANDAOfficial site · we earn no commission here

Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.