Forex brokers in Belize are known for their high leverage and flexible trading conditions. The Central American nation has been a popular jurisdiction to register forex brokers in for a long time. All brokers in Belize are regulated by the International Financial Services Commission of Belize.
The oversight by the regulator in Belize is definitely looser than in it is in jurisdictions like the EU, Australia, and North America. However, oversight in Belize has also tightened in recent years, and some smaller brokers have moved to other less regulated jurisdictions.
Still, Belize remains a popular jurisdiction for both brokers and traders. The sign-up and ID verification process is generally quick and easy. In addition, available trading leverage for Belize-based forex brokers often goes as high as 1:1,000.