Vanuatu is an offshore financial and tax haven that has been popular among Australian financial services firms for a number of years due to the proximity to Australia. However, the island has also attracted industry players from other parts of the world over the years, and CFD brokers are no exception. The island nation therefore has a vibrant brokerage industry, even though it has very few traders living within its borders.
CFD & forex brokers in Vanuatu are regulated by the Vanuatu Financial Services Commission (VFSC). This regulator generally takes a hands-off approach to the brokerage industry, which in turn can offer traders more flexibility and trading leverage going as high as 1:500 with some of the brokers there.