Regulator profile · VC
SVG FSA — Saint Vincent and the Grenadines Financial Services Authority
Tracked byBrokerlist Editorial · Independent review teamUpdated
The Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) is the integrated regulator for non-banking financial services in SVG. Established in 2012 by the Financial Services Authority Act 2011, replacing the prior International Financial Services Authority. SVG was historically the most popular offshore jurisdiction for retail forex/CFD brokers — though much of that registration was as International Business Companies (IBCs) rather than active securities dealing.
Brokers in St Vincent and Grenadines accepting residents under SVG FSA- Jurisdiction
- Saint Vincent and the Grenadines.
- Founded
- 2012
- Mandate
- Established under the Financial Services Authority Act 2011 (in force 2012). SVG FSA supervises International Business Companies, banks, insurance, mutual funds, securities dealers, and money-services businesses. AML/CFT supervision via the Financial Intelligence Unit (FIU). Updated guidance issued in 2023 clarified that retail forex/securities dealing activity requires explicit Securities Dealer authorisation — distinct from IBC registration alone.
- Consumer protection
- No statutory retail compensation scheme. Client-funds segregation is required for licensed Securities Dealers. Consumer recourse is historically very limited — SVG was historically a "company registry" jurisdiction rather than an active conduct-of-business supervisor for retail FX.
- Retail leverage caps
- No statutory leverage cap. SVG-licensed brokers typically offer retail leverage of 1:500 to 1:1000+. Following 2023 SVG FSA guidance, brokers solely registered as IBCs without explicit Securities Dealer authorisation no longer satisfy the regulatory framework — many migrated to alternative offshore jurisdictions or restructured.
- Public register
- SVG FSA publishes lists of registered entities — IBCs, banks, trust companies, securities dealers. Critical verification step: many "SVG-registered" forex brokers historically held only IBC registration (effectively a company registry entry), NOT a Securities Dealer authorisation. Verify Securities Dealer licence specifically. Open register ↗
- Dispute resolution
- No independent ombudsman with binding powers. Complaints first go through firm internal processes, then SVG FSA Enforcement; ultimate recourse SVG courts. Cross-border enforcement against SVG-licensed brokers from outside the jurisdiction is generally weak.
- Editor notes
- SVG was historically the most popular offshore jurisdiction for retail FX brokers (Exness, Tickmill International, FBS and others used SVG entities). After the 2023 SVG FSA guidance clarifying that securities dealing requires explicit authorisation, several brokers migrated to alternative offshore licensing. An SVG-only registration is materially weaker than CySEC/FCA — closer to "no consumer protection" than to FSC Mauritius or FSA Seychelles in practical terms.
Brokers we track with a SVG FSA licence
1 broker- 04
04Libertex
SVG FSAOpen account at Libertex →- Avg spread
- 0.50pip
- Cost / lot
- $5.00
- Min deposit
- $10
- Max leverage
- 1:999
midpoint of broker rangeno commissionLibertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.$10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight
Fits ifYou have $10 to start — one of the lowest entry minimums in our listPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026