Offshore Forex Brokers in Saint Kitts and Nevis

In Saint Kitts and Nevis, forex brokers are not regulated by the government. Instead, they may sometimes be members of independent dispute resolution organizations that can operate as a neutral third-party in the event of disputes. However, how effective these organizations are certainly varies, and traders should do their own research before fully placing their trust in one of them.

Since there is no government regulation of offshore forex brokers in Saint Kitts and Nevis, these brokers are largely free to conduct their brokerage business in whatever way they want. This means that common regulatory requirements regarding things like where the broker keeps client funds may not apply. However, it also usually means that trading leverage is far higher than in any regulated jurisdictions.