CFD Forex Brokers in the Bahamas are overseen by the Securities Commission of the Bahamas (SCB). Thanks to the country’s long-standing status as a financial offshore haven, this is a regulator with extensive experience in overseeing CFD brokers and financial services companies more broadly.
The laws of the Bahamas are still based on British common law, and the country therefore enjoys a reputation as safe and reliable both from the perspective of CFD brokers and traders. However, the country has taken a somewhat tougher stance on parts of the online brokerage industry recently, which has led some of the smaller CFD & forex brokers to move to other less regulated Caribbean islands.