Located in the Pacific off the coast of Australia, Vanuatu has for many decades been popular as an offshore jurisdiction, particularly for companies from Australia and New Zealand. The country is also home to many offshore forex brokers, which use the nation’s favorable regulations and low taxes to serve traders around the world.
Unlike some other offshore countries, Vanuatu regulates all forex brokers that have registered local branches in the country. This means that all offshore forex brokers in Vanuatu must follow some minimum standards regarding their conduct and business practices. However, things like trading leverage is still very loosely regulated, with high leverage upwards to 1:1,000 being common among brokers there.