The Marshall Islands is a popular offshore jurisdiction to register forex brokers. However, traders should know that the forex brokers that are registered in the Marshall Islands are not regulated by any government regulator there. Instead, they are merely registered as legal businesses, without the government providing any kind of oversight as far as their forex brokerage activities goes. To compensate for the lack of oversight from the government, some forex brokers in the Marshall Islands join independent financial dispute resolution organizations.
Because of the loose oversight in the Marshall Islands, many of the forex brokers there offer high trading leverage and a very straightforward registration and ID verification process. This can be a benefit for some traders, particularly those with small trading accounts who want to trade aggressively.