3Moderate

SCB regulated forex brokers

Securities Commission of The Bahamas · 🇧🇸 Bahamas

The Securities Commission of The Bahamas (SCB) is the financial regulator for Bahamas, established in 1995. ForexLicenses.com classifies it as tier 3 (moderate regulation). We currently match 10 brokers in our database to an SCB licence.

The SCB regulates securities business in The Bahamas and has become a common base for the international entities of reputable broker groups, including Pepperstone, Capital.com, FxPro and Eightcap. It is regarded as more robust than typical offshore registrars but offers no compensation scheme or leverage caps.

Key rules for retail clients

Tier
Tier 3 — Moderate regulation
Compensation
No compensation scheme
Leverage
No statutory cap
Negative balance protection
Not a regulatory requirement
Client money
Client asset requirements
Complaints
SCB

Brokers licensed by the SCB 10

Broker Licences on record Licence Score Actions
1 P Pepperstone Forex & CFD broker, since 2010 ASICBaFinFCACySECDFSACMA (Kenya)+1 78Strong Licences Visit site
2 E Eightcap Forex & CFD broker, since 2009 ASICFCACySECSCBFSA (Seychelles) 69Strong Licences Visit site
3 F FxPro Forex & CFD broker, since 2006 FCACySECFSCASCBFSA (Seychelles) 68Strong Licences Visit site
4 CC Capital.com Forex & CFD broker, since 2016 ASICFCACySECCMA (Kenya)SCBFSA (Seychelles) 67Strong Licences Visit site
5 TN Trade Nation Spread betting & CFD provider, since 2014 ASICFCAFSCASCBFSA (Seychelles) 67Strong Licences Visit site
6 IM IC Markets Forex & CFD broker, since 2007 ASICCySECCMA (Kenya)SCBFSA (Seychelles) 65Strong Licences Visit site
7 A ActivTrades Forex & CFD broker, since 2001 FCACMVMSCB 64Strong Licences Visit site
8 I Infinox Forex & CFD broker, since 2009 FCAFSCAFSC (MU)SCB 63Strong Licences Visit site
9 L LCG Spread betting & CFD provider, since 1996 FCASCB 61Moderate Licences Visit site
10 CI Capital Index Forex & CFD broker, since 2014 FCASCB 57Moderate Licences Visit site

Frequently asked questions

How do I check if a broker is SCB regulated?

Search the firm's name or licence number on the SCB official register (https://www.scb.gov.bs/registrants/), confirm the status is current and that the website domain you're using is listed, then check the SCB warning list for clones.

Does the SCB offer investor compensation?

No compensation scheme

What leverage do SCB-regulated brokers offer?

No statutory cap

Is negative balance protection required by the SCB?

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

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.