CFD Forex Brokers in the British Virgin Islands

Among the most popular offshore jurisdictions for both CFD brokers and financial services companies in general, the British Virgin Island is a business-friendly country with laws based on the British legal system. All CFD & forex brokers operating in the British Virgin Islands are required to meet certain criteria before they can be issued a license from the British Virgin Islands Financial Services Commission (BVIFSC).

In case anyone was ever in doubt, the reason why CFD & forex brokers operate out of such countries as the British Virgin Island is not because of the number of traders that live there. Instead, these offshore jurisdictions offer much more favorable conditions for brokers than many other countries. Among other things, this means that CFD brokers operating in the British Virgin Island can offer trading leverage of at least 1:1,000 for their clients, which is something many traders appreciate.