4Light

BVI FSC regulated forex brokers

British Virgin Islands Financial Services Commission · 🇻🇬 British Virgin Islands

The British Virgin Islands Financial Services Commission (BVI FSC) is the financial regulator for British Virgin Islands, established in 2002. ForexLicenses.com classifies it as tier 4 (light / offshore). We currently match 12 brokers in our database to an BVI FSC licence.

The BVI FSC licenses investment businesses under the Securities and Investment Business Act (SIBA). Several large brokers, including AvaTrade, Exness and Deriv, have used BVI entities for international clients.

Key rules for retail clients

Tier: Tier 4 — Light / offshore
Compensation: No compensation scheme
Leverage: No statutory cap
Negative balance protection: Not a regulatory requirement
Client money: SIBA licence conditions
Complaints: BVI FSC

Brokers licensed by the BVI FSC 12

Broker Licences on record Licence Score Actions

1 A AvaTrade Forex & CFD broker, since 2006 ASIC CBI JFSA FSCA FSRA (ADGM)ISA+3 83Very strong Licences Visit site

2 O OANDA Forex & CFD broker, since 1996 ASIC CFTC / NFA CIRO FCA JFSA MAS+2 82Very strong Licences Visit site

3 E Exness Forex & CFD broker, since 2008 FCA CySEC FSCA CMA (Kenya)FSC (MU)JSC+3 68Strong Licences Visit site

4 MC Markets.com Forex & CFD broker, since 2008 FCA CySEC FSCA BVI FSC 66Strong Licences Visit site

5 E easyMarkets Forex & CFD broker, since 2001 ASIC CySEC BVI FSC FSA (Seychelles) 65Strong Licences Visit site

6 D Deriv Forex & CFD broker, since 1999 MFSA Labuan FSA BVI FSC VFSC 51Moderate Licences Visit site

7 J JustMarkets Forex & CFD broker, since 2012 CySEC FSCA FSC (MU)BVI FSC FSA (Seychelles) 51Moderate Licences Visit site

8 FG FIBO Group Forex & CFD broker, since 1998 CySEC BVI FSC 49Moderate Licences Visit site

9 I InstaForex Forex & CFD broker, since 2007 CySEC BVI FSC 48Moderate Licences Visit site

10 IM IFC Markets Forex & CFD broker, since 2006 Labuan FSA BVI FSC 35Weak Licences Visit site

11 I iFOREX Forex & CFD broker, since 1996 BVI FSC 22Very weak Licences Visit site

12 F Forex4you Forex & CFD broker, since 2007 BVI FSC 21Very weak Licences Visit site

Frequently asked questions

How do I check if a broker is BVI FSC regulated?

Search the firm's name or licence number on the BVI FSC official register (https://www.bvifsc.vg/regulated-entities), confirm the status is current and that the website domain you're using is listed, then check the BVI FSC warning list for clones.

Does the BVI FSC offer investor compensation?

No compensation scheme

What leverage do BVI FSC-regulated brokers offer?

No statutory cap

Is negative balance protection required by the BVI FSC?

It is not a regulatory requirement under the BVI FSC, though some brokers offer it contractually.