The Marshall Islands is one of the Caribbean nations that do not regulate forex brokers, and traders should therefore know that there is no government agency to turn to in case of any type of problem with a broker. However, some brokers in the Marshall Islands have joined independent regulatory organizations such as the Financial Commission (FinaCom), which can potentially add some extra security.
As is often the case, the MetaTrader 4 (MT4) platform is popular among forex brokers in the Marshall Islands. One of the benefits with this platform is that it comes as a “white label” solution, which means that it can be branded to suit a variety of different brokers. In addition, the platform is available both in its traditional desktop-based version for Windows PCs and aa a web-based version for use on all types of computers.