In Saint Kitts and Nevis, ECN forex brokers and other types of online brokerage companies are not regulated by any government agency. Instead, these brokers may sometimes be members of independent financial dispute resolution organizations like FinaCom, which can mediate in case of disputes between brokers and traders.
Instead of earning their revenue from spreads, ECN brokers in Saint Kitts and Nevis and elsewhere make their money mainly from commissions on trades. This is the main reason why these brokers are often favored by professional traders who trade with large amounts of capital. Another major reason for trading with a broker in Saint Kitts and Nevis is the high trading leverage that is available there due to the lack of government regulation.