In Belize, forex brokers are regulated by the International Financial Services Commission (IFSC) of Belize. Although all brokers here are overseen, Belize is a classic offshore jurisdiction with much more lenient regulations on the forex brokerage industry than what is common in Western countries. This is particularly visible in terms of trading leverage, which can often be as high as 1:1,000 in Belize.
Because of the business-friendly taxes and regulations in Belize, the country has for a long time been among the most popular places in the world for forex brokers to register in. A regulated forex broker in Belize is also a step up from the many unregulated forex brokers in offshore countries, and it can therefore be a good choice for traders looking for higher leverage than what is available in their home countries.