Forex brokers in Dominica are not regulated by the government, and are therefore free to offer whatever leverage they want. Some of the high leverage forex brokers there have taken advantage of that fact, and offer their clients high leverage of up to 1:1,000. The good thing is that this leverage is also available to EU-based traders, who are otherwise subject to the strict regulations from the ESMA, which severely limits the amount of leverage brokers can offer.
Despite the lack of government regulation, Dominica has long been a popular offshore jurisdiction for financial services firms from around the world. The country also has a legal framework based on British common law, providing a stable and predictable environment for all types of businesses.