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FSC (Belize) regulated forex brokers

Financial Services Commission of Belize (formerly IFSC) · 🇧🇿 Belize

The Financial Services Commission of Belize (formerly IFSC) (FSC (Belize)) is the financial regulator for Belize, established in 1999. ForexLicenses.com classifies it as tier 4 (light / offshore). We currently match 12 brokers in our database to an FSC (Belize) licence.

Belize's International Financial Services Commission was renamed the Financial Services Commission in 2023. It licenses trading in financial and commodity-based derivatives, and brokers such as RoboForex and XM's international arm have used Belize entities.

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: Licence conditions
Complaints: FSC Belize

Brokers licensed by the FSC (Belize) 12

Broker Licences on record Licence Score Actions

1 X XTB Multi-asset broker, since 2002 FCA CySEC DFSA FSCA KNF FSC (Belize) 75Strong Licences Visit site

2 X XM Forex & CFD broker, since 2009 ASIC CySEC DFSA FSCA CMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site

3 F FBS Forex & CFD broker, since 2009 ASIC CySEC FSC (Belize) 62Strong Licences Visit site

4 WB Windsor Brokers Forex & CFD broker, since 1988 CySEC CMA (Kenya)JSC FSC (Belize) 51Moderate Licences Visit site

5 X Xtrade Forex & CFD broker, since 2009 CySEC FSC (Belize) 47Moderate Licences Visit site

6 SM Scope Markets Forex & CFD broker, since 2014 FSCA CMA (Kenya)FSC (Belize) 46Moderate Licences Visit site

7 AC Anzo Capital Forex & CFD broker, since 2015 CMA (Kenya)FSC (Belize) 30Weak Licences Visit site

8 F FXChoice Forex & CFD broker, since 2010 FSC (Belize) 20Very weak Licences Visit site

9 R RoboForex Forex & CFD broker, since 2009 FSC (Belize) 20Very weak Licences Visit site

10 A Axiory Forex & CFD broker, since 2011 FSC (Belize) 19Very weak Licences Visit site

11 FF Fort Financial Services Forex & CFD broker, since 2011 FSC (Belize) 19Very weak Licences Visit site

12 S SuperForex Forex & CFD broker, since 2013 FSC (Belize) 18Very weak Licences Visit site

Frequently asked questions

How do I check if a broker is FSC (Belize) regulated?

Search the firm's name or licence number on the FSC (Belize) official register (https://www.fscbelize.bz/licensees/), confirm the status is current and that the website domain you're using is listed, then check the FSC (Belize) warning list for clones.

Does the FSC (Belize) offer investor compensation?

No compensation scheme

What leverage do FSC (Belize)-regulated brokers offer?

No statutory cap

Is negative balance protection required by the FSC (Belize)?

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