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VFSC regulated forex brokers

Vanuatu Financial Services Commission · 🇻🇺 Vanuatu

The Vanuatu Financial Services Commission (VFSC) is the financial regulator for Vanuatu, established in 1993. ForexLicenses.com classifies it as tier 4 (light / offshore). We currently match 42 brokers in our database to an VFSC licence.

Vanuatu raised its capital and substance requirements for securities dealers in 2019, forcing many shell brokers out, but it remains an offshore regime without compensation arrangements. Brands including Vantage, Fusion Markets and Titan FX have used Vanuatu 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
Dealers in Securities licence conditions
Complaints
VFSC

Brokers licensed by the VFSC 42

Broker Licences on record Licence Score Actions
1 MG MultiBank Group Forex & CFD broker, since 2005 ASICBaFinMASCySECFMA (NZ)CIMA+1 80Very strong Licences Visit site
2 V Vantage Forex & CFD broker, since 2009 ASICFCAFSCACIMAVFSC 69Strong Licences Visit site
3 O OneRoyal Forex & CFD broker, since 2006 ASICCySECVFSC 64Strong Licences Visit site
4 AS ACY Securities Forex & CFD broker, since 2011 ASICFSCAVFSC 61Moderate Licences Visit site
5 AC AETOS Capital Group Forex & CFD broker, since 2007 ASICVFSC 60Moderate Licences Visit site
6 GP Global Prime Forex & CFD broker, since 2010 ASICFSA (Seychelles)VFSC 60Moderate Licences Visit site
7 T TMGM Forex & CFD broker, since 2013 ASICFSC (MU)VFSC 58Moderate Licences Visit site
8 FC FXTRADING.com Forex & CFD broker, since 2014 ASICVFSC 57Moderate Licences Visit site
9 BM Blueberry Markets Forex & CFD broker, since 2016 ASICVFSC 56Moderate Licences Visit site
10 FM Fusion Markets Forex & CFD broker, since 2017 ASICFSA (Seychelles)VFSC 56Moderate Licences Visit site
11 C CFI Forex & CFD broker, since 1998 CySECFSC (MU)FSA (Seychelles)VFSC 51Moderate Licences Visit site
12 D Deriv Forex & CFD broker, since 1999 MFSALabuan FSABVI FSCVFSC 51Moderate Licences Visit site
13 F FXPrimus Forex & CFD broker, since 2009 CySECFSCAVFSC 50Moderate Licences Visit site
14 FC FXGT.com Forex & CFD broker, since 2019 CySECFSCAFSA (Seychelles)VFSC 46Moderate Licences Visit site
15 F FXGlobe Forex & CFD broker, since 2012 FSCAVFSC 46Moderate Licences Visit site
16 JB JFD Brokers Forex & CFD broker, since 2011 CySECVFSC 46Moderate Licences Visit site
17 E Evest Forex & CFD broker, since 2019 FSCAVFSC 42Weak Licences Visit site
18 DP Doo Prime Forex & CFD broker, since 2014 FSC (MU)FSA (Seychelles)VFSC 32Weak Licences Visit site
19 N NordFX Forex & CFD broker, since 2008 FSA (Seychelles)VFSC 22Very weak Licences Visit site
20 T TriumphFX Forex & CFD broker, since 2008 FSA (Seychelles)VFSC 22Very weak Licences Visit site
21 B BMFN Forex & CFD broker, since 2008 VFSC 21Very weak Licences Visit site
22 WF World Forex Forex & CFD broker, since 2007 VFSC 21Very weak Licences Visit site
23 GM GMI Markets Forex & CFD broker, since 2009 VFSC 20Very weak Licences Visit site
24 G GTCFX Forex & CFD broker, since 2012 VFSC 19Very weak Licences Visit site
25 OT Olymp Trade Forex & CFD broker, since 2014 FinaComVFSC 19Very weak Licences Visit site
26 TF Titan FX Forex & CFD broker, since 2014 FSA (Seychelles)VFSC 19Very weak Licences Visit site
27 XM XGLOBAL Markets Forex & CFD broker, since 2011 VFSC 19Very weak Licences Visit site
28 CP CMS Prime Forex & CFD broker, since 2013 VFSC 18Very weak Licences Visit site
29 F FXPIG Forex & CFD broker, since 2014 VFSC 18Very weak Licences Visit site
30 FP Fortune Prime Global Forex & CFD broker, since 2014 VFSC 18Very weak Licences Visit site
31 MM Milton Markets Forex & CFD broker, since 2015 FSA (Seychelles)VFSC 18Very weak Licences Visit site
32 SC Scandinavian Capital Markets Forex & CFD broker, since 2014 VFSC 18Very weak Licences Visit site
33 S SmartFX Forex & CFD broker, since 2013 VFSC 18Very weak Licences Visit site
34 TM TOP1 Markets Forex & CFD broker, since 2013 VFSC 18Very weak Licences Visit site
35 A AccentForex Forex & CFD broker, since 2015 VFSC 17Very weak Licences Visit site
36 C CIBFX Forex & CFD broker, since 2016 VFSC 17Very weak Licences Visit site
37 GC Gerchik & Co Forex & CFD broker, since 2015 VFSC 17Very weak Licences Visit site
38 N N1CM Forex & CFD broker, since 2016 VFSC 17Very weak Licences Visit site
39 A AdroFX Forex & CFD broker, since 2018 VFSC 16Very weak Licences Visit site
40 L LegacyFX Forex & CFD broker, since 2017 VFSC 16Very weak Licences Visit site
41 T TegasFX Forex & CFD broker, since 2018 VFSC 16Very weak Licences Visit site
42 JM Juno Markets Forex & CFD broker, since 2019 VFSC 15Very weak Licences Visit site

Frequently asked questions

How do I check if a broker is VFSC regulated?

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

Does the VFSC offer investor compensation?

No compensation scheme

What leverage do VFSC-regulated brokers offer?

No statutory cap

Is negative balance protection required by the VFSC?

It is not a regulatory requirement under the VFSC, 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.