Saint Vincent and the Grenadines is one of the most popular forex broker jurisdictions in the Caribbean. One reason for that is most likely that the country does not require forex brokers that operate there to be regulated by the government. Because of this, forex brokers in Saint Vincent and the Grenadines are largely free to conduct their business in the way they want.
Although forex brokers are not regulated in Saint Vincent and the Grenadines, many of the brokers that are registered there also have entities that are regulated in other countries around the world. This includes regulated entities in places like the UK, Cyprus, and Australia, to mention a few.