Brian Thomas A Martin

View translation

What is FSC regulation in the British Virgin Islands?

The Financial Services Commission (FSC) of the British Virgin Islands (BVI) licenses forex brokers and investment firms. While BVI regulation adds some legitimacy, it is considered light-touch compared to Tier-1 standards. Investor protection is limited, and enforcement actions are rare. Many offshore brokers register in the BVI for lower costs and flexibility. Traders considering BVI brokers should proceed with caution and check whether the broker also holds licenses in stricter jurisdictions. Relying solely on BVI regulation does not provide strong safeguards.