⭐ Nevis FSRC Forex Brokers - Are They REGULATED?

Nevis Forex brokers are registered with Nevis FSRC (Nevis Financial Services Commission).
However, Nevis FSRC does not issue licenses in regards to Forex trading and carrying related services.

Therefore, Forex brokers in Nevis are just incorporated/registered, not licensed.

Nevis FSRC describes own services as "licensing and monitoring regulated financial services business and taking action against unauthorizes financial services business". However, FSRC focuses on non-bank financial sector like credit unions, insurance, pensions, trust service providers, etc. and not on retail Forex brokers.

As a result, FSRC-registered Forex brokers in Nevis do not fall under monitoring for capital requirements, best execution rules, compensation schemes, but rather exist as duly registered IBCs, LLCs etc. with common AML-related obligations.

Official source: FSRC Nevis

Can Nevis-based Forex brokers legally provide trading services?

Yes, they can.

As a rule, Nevis-based Forex broker companies will not be found on the FSRC Regulated Entities list, as there is no "Forex broker / CFD broker" category. Instead, Nevis-based Forex brokers will have Company registration Number and Certificate of Incorporation in their document package. This allows them to legally operate in Nevis and conduct business activities, including providing Forex trading services.