Saint Vincent and the Grenadines has long been a very popular jurisdiction for forex brokers to incorporate, and this also includes a number of popular social trading forex brokers. A major reason for the popularity of this country is that the country does not regulate forex brokers. Instead, all a forex broker needs to do to operate a brokerage from Saint Vincent and the Grenadines is to legally register a business there.
Saint Vincent and the Grenadines is currently home to several social trading forex brokers, some of which offer high trading leverage of up to 1:1,000 on the most liquid assets. A social trading broker in Saint Vincent and the Grenadines may therefore be an ideal choice for new traders who are looking for high leverage, but still want to copy the trades made by other traders as they build their confidence as forex traders.