In Belize, social trading forex brokers and other companies in the brokerage business are regulated by the International Financial Services Commission of Belize (IFSC). Given Belize’s long history of attracting financial services companies from around the world, this is a regulator with long experience in overseeing such businesses.
Belize-registered forex brokers are well-known for their high trading leverage, which can sometimes go as high as 1:1,000 on the most liquid trading instruments. Because of the hands-off approach that the IFSC and regulators in other offshore jurisdictions are known for, combined with low taxes, Belize is often used as a global headquarters for brokers to serve customers around the world.