Forex brokers in Vanuatu are regulated by the Vanuatu Financial Services Commission (VFSC). The island is a popular offshore forex broker jurisdiction, located off the coast of Australia in the South Pacific.
Vanuatu has traditionally been a popular tax haven for Australian and New Zealand-based forex brokers and asset managers, while EU and US companies have been more focused on the Caribbean islands. Today, Vanuatu remains an easy place for forex brokers to operate out of, with lower capital requirements and regulatory fees than many other countries.
Vanuatu is popular among both forex and binary options brokers, and the maximum trading leverage is often as high as 1:1,000. As is well known, high trading leverage can be a big benefit for forex traders without much capital to start with.