6 Best Forex Brokers in Saint Vincent and the Grenadines
The 6 Best Forex Brokers in Saint Vincent and the Grenadines – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Saint Vincent and the Grenadines.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Saint Vincent and the Grenadines – a List
- Is Forex Trading Legal in Saint Vincent and the Grenadines?
- The Best Forex Brokers for Beginners and Foreigners
- Low EC$ Minimum Deposit Forex Brokers in Saint Vincent and the Grenadines
- Leading MT4 and MT5 Forex Brokers
and much, MUCH more!
6 Best Forex Brokers in Saint Vincent and the Grenadines – A Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💴 Min. Deposit (EC$) |
🥇 XTB | 👉 Click Here | ✅Yes | None |
🥈 Admirals | 👉 Click Here | ✅Yes | 67,56 |
🥉 FXCM | 👉 Click Here | ✅Yes | 135,13 |
🏅 Interactive Brokers | 👉 Click Here | ✅Yes | None |
🎖️ IG | 👉 Click Here | ✅Yes | 135,13 |
🏆 OANDA | 👉 Click Here | ✅Yes | None |
6 Best Forex Brokers in Saint Vincent and the Grenadines (2024)
- ☑️ XTB – Overall, the Best Forex Broker in Saint Vincent and the Grenadines
- ☑️ Admirals – Low EU$ Minimum Deposit Forex Broker
- ☑️ FXCM – Best Online Trading Experience
- ☑️ Interactive Brokers – Best Overall Offering
- ☑️ IG – High User Trust Score in Saint Vincent and the Grenadines
- ☑️ OANDA – Best Mobile Trading Experience
XTB
XTB is a highly regulated and well-established Forex and CFD Broker. Regulations by renowned and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Account Options include:
- Standard Account – Ideal for Novice and Casual Traders
- Islamic, Swap-Free – Idealf for Muslim Traders
Moreover, a Demo Account is available. The xStation 5 and xStation mobile Platforms are supported. Notable Factors and FEatures include:
- Multiple Base Currencies, including USD, EUR, and, GBP
- Spreads from 0.5 Pips
- Leverage of Up to 1:500
- Access to over 50 Currency Pairs, including Major, Minor, and Exotic Pairs
- An Inactivity Fee is Charged
Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs.
🔍 Broker | 🥇 XTB |
📌 Year Founded | 2002 |
👤 Amount of Staff | Approximately 2,000 |
👥 Amount of Active Traders | Over 500,000 |
📍 Publicly Traded | Warsaw Stock Exchange |
📈 Regulation | FCA, KNF, IFSC, CySEC |
🌎 Country of Regulation | UK (FCA), Poland (KNF) |
📉 Account Segregation | ✅Yes |
📊 Negative Balance Protection | ✅Yes |
💹 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💰 Minor Account Currencies | Major, Minor |
💴 Minimum Deposit | Varies by account type |
⚡ Average Deposit/Withdrawal Processing Time | 1-3 business days |
💶 Fund Withdrawal Fee | None |
📐 Spreads From | From 0.1 pips |
💶 Commissions | Variable |
💵 Number of Base Currencies Supported | 30+ |
💷 Swap Fees | ✅Yes |
🔖 Leverage | Up to 1:500 |
🏷️ Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
🖇️ Order Execution Time Seconds | Milliseconds - |
🖥️ VPS Hosting | Select accounts |
📈 CFDs Total | Over 2,000 |
📉 CFD Stock Indices | Major global indices |
🍎 CFD Commodities | Oil, gold, etc. |
📊 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer, credit/debit, e-wallets, etc. |
💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets, etc. |
🖱️ Trading Platforms | xStation 5 |
⭐ OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex Trading Tools | Charting tools, technical analysis |
🥰 Live Chat Availability | ✅Yes |
☎️ Customer Support Contact Number | Varies by region |
💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
🚩 Languages Supported | Multiple languages |
✏️ Forex Course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | Articles, tutorials, etc. |
🤝 Affiliate Program | ✅Yes |
🫶 Amount of Partners | Numerous global partners |
🫰🏻 IB Program | ✅Yes |
🔖 Notable Events or Teams | ✅Yes |
🏷️ Rebate Program | ✅Yes |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Islamic Account | Inactivity fee |
Free Deposit and Withdrawal | High conversion fee |
Our Insights
The benefits of trading with XTB include commission-free trading on genuine stocks and ETFs, in-depth market research, and, narrow spreads on main currency pairs.
Admirals
Admirals or Admiral Markets is a well-regulated, trusted, and popular Forex and CFD Broker. Regulations by renowned and trusted agencies include the FCA, ASIC, CySEC, JSC, FSCA, FSA, and, the CMA. Account and Trading Platform Combinations are:
- Trade.MT4 and Zero.MT4 Accounts with MetaTrader 4 integration
- Trade.MT5, Invest.MT5, and, Zero.MT5 Accounts with MetaTrader 5 integration
- Bets.MT5 Account with MT5 Integration (Available in the UK Only)
Additionally, Islamic, Swap Free, and Demo Account Options are available. In addition, Notable Factors and Features include:
- Bonus Offers and Promotions
- Spreads from 0.0 Pips
- Leverage of up to 1:1000
- Access to Over 80 Currency Pairs
- A Low 25 Minimum Deposit
Trading instruments and Products include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and, Bonds. Moreover. Scalping and Hedging are supported.
🔎Broker | 🥇Admirals |
💴Minimum Deposit | 25 USD |
🎉Established Year | 2001 |
⏰Support Hours | 24/5 |
💻Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
📈Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Islamic Account | Inactivity fee |
Free Deposit and Withdrawal | No 24/7 customer service |
Our Insights
The benefits of trading with Admirals include a large range of financial instruments for trade and zero-pip spreads on select accounts and instruments.
FXCM
FXCM is a highly respected Forex and CFD Broker. License and Regulations include the FCA, ASIC, CySEC, and, the FSCA. Account options available include a CFD, Islamic, and Demo Option. Supported Trading Platforms include Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade.
Moreover, a Proprietary Mobile App is available for Download. In addition, Notable Factors and Features include:
- Spreads from 0.2 Pips
- Leverage of up to 1:400 (Depending on Region)
- Access to over 40 Currency Pairs
- A 50 USD Minimum deposit
Trading instruments and Products include Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets.
🔍 Broker | 🥇 FXCM |
💵 Minimum Deposit | 50 USD |
4️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | ✅ Yes |
🕰️ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Multitude of educational materials | High Currency conversion fees |
Multiple Account Types | Narrow asset portfolio |
24-hour multilingual customer | Limited Trading Platforms |
Our Insights
The benefits of trading with FXCM include access to excellent educational resources, multiple account types, and trusted customer support for traders in Saint Vincent and the Grenadines
Interactive Brokers
Interactive Brokers is amongst the highest regulated and trusted Forex, CFD, and Financial Service Providers. License and Regulations include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Notable Factors and FEatures include:
- Multiple Base Currencies, including USD and AUD
- Spreads from 0.6 Pips
- Leverage of up to 1:30
- No Minimum Deposit is required
- Multilingual Customer Support
- Scalping and Hedging
Account Options and Trading Platforms include:
- IBKR Lite Account
- IBKR Pro Account
Moreover, a Demo Account is available. Supported Trading Platforms include IBKR Trader WorkStation, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact. Furthermore, an IBKR Desktop and Mobile App is offered.
Trading instruments and Products include Forex, Stocks, ETFs, Options, Futures, Indices, Mutual funds, Cryptocurrencies, Metals, and, Bonds
🔎 Broker | 🥇 Interactive Brokers |
💴 Min. Deposit | None |
💶 Inactivity Fee | None |
📈 Tradable Assets | Forex, Metals, Futures, ETFs |
🪙 Crypto Trading | ✅Yes |
📉 MT4 / MT5 | None |
📊 Proprietary Platforms | ✅Yes |
📲 Mobile App | ✅Yes |
🤝 Customer Support | 24/7 |
✏️ Education | ✅Yes |
📍 Account Types | IBKR Pro and Lite |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Low commissions and fees | Intimidating Platform |
Excellent educational materials | Complex tiered pricing plans |
Reliable trade execution | Lacking Customer Support |
Our Insights
The Benefits of Trading with IBKR include access to comprehensive desktop, online, and mobile trading platforms.
IG
IG is amongst the highest regulated and trusted Global Brokerage Firms. License and Regulations include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and, the BMA. Accounts available are:
- CFD/DMA Trading Account – Available in All Regions
- Limited Risk Trading Account – Available in the EU
- Options Trading Account – Available in the EU
- Turbo24 Trading Account – Available in the EU
- Share Dealing Account – Available in Australia
- Spread Betting Account – Available in the United Kingdom
- Swap-Free Trading Account – Available in Dubai
Supported Trading Platforms are MetaTrader 4, ProRealTime (PRT), L2 Dealer, and, FIX API. In addition, a Proprietary Mobile App is available for Download. Notable features include:
- Spreads from 0.1 Pips
- 24/7 Dedicated Customer Support
- Access to over 8- Currency Pairs
- Access to an Affiliate Program
Trading instruments and Products include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and, Interest rates.
🔎 Broker | 🥇 IG |
📌 Year Founded | 1974 |
👤 Amount of Staff | 2,000+ |
👥 Amount of Active Traders | 300,000+ |
📍 Publicly Traded | ✅Yes |
🛡️Regulation | FCA, ASIC, CFTC, NFA, BaFin |
🌎 Country of Regulation | UK, Australia, US, Germany |
↪️ Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
⭐ Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | USD, EUR, GBP |
💶 Minimum Deposit | $250 |
⏰ Average Deposit/Withdrawal Processing Time | 1-3 business days |
💷 Fund Withdrawal Fee | None |
📈 Spreads from | 0.6 pips |
📉 Commissions | None |
💰 Number of Base Currencies Supported | 5 |
📊 Swap Fees | Applicable |
⚙️ Leverage | Up to 1:30 (Retail) |
🔖 Margin Requirements | Varies by asset |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏲️ Order Execution Time | 0.1 seconds |
🖱️ VPS Hosting | ✅Yes |
✔️CFDs Total | 17,000+ |
📌 CFD Stock Indices | 80+ |
🍎 CFD Commodities | 30+ |
📍 CFD Shares | 12,000+ |
💴 Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
💶 Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
🖥️ Trading Platforms | MetaTrader 4, ProRealTime, L2 Dealer, IG Trading Platform |
💻 OS Compatibility | Windows, MacOS, Android, iOS |
📐 Forex Trading Tools | Economic calendar, Autochartist, Trading signals |
🥰 Live Chat Availability | ✅Yes |
💌 Customer Support Email | ✅Yes |
☎️ Customer Support Contact Number | ✅Yes |
💙 Social Media Platforms | Facebook, Twitter, LinkedIn |
✏️ Languages Supported | Multiple languages |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Articles, Videos, Tutorials |
📑 Affiliate Program | ✅Yes |
🗃️ Amount of Partners | Not specified |
🗄️ IB Program | ✅Yes |
📇 Notable Events or Teams | ✅Yes |
🪙 Rebate Program | ✅Yes |
💴 Cent or Micro Accounts | None |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Access to over 17,000 instruments across markets | Limitations on customer support hours |
Investing opportunities for high-volume traders | Inactivity fees apply |
Several advanced Trading platforms | IG is not available in all regions |
Our Insights
The benefits of trading with IG include extensive training resources and impressive customer support to traders in Saint Vincent and the Grenadines.
OANDA
OANDA is a top-tier Forex and CFD service provider. Regulations by acclaimed and trusted agencies include IIROC, ASIC, CFTC, NFA, FCA, FFAJ, JFSA, MAS, MFSA, and, the BVI FSC. Accounts options available are:
- Standard Account – Suited to Casual Traders
- Core Account – Suited to Beginners and Casual Traders
- Swap-Free Account – Ideal for Muslim Traders
- Premium Account – Best Suited to Experienced Traders
- Premium Core Account – Suited to Beginners and Casual Traders
Supported Trading Platforms include FxTrade, MetaTrader 4, and, MetaTrader 5. Additionally, a Proprietary Mobile App is available. Notable Factors and features include:
- USD, EUR, HKD, and, SGD Base Currencies
- Spreads from 0.1 Pips
- Leverage of up to 1:888
- Access to over 40 Currency Pairs
Trading instruments and Products include Forex, Indices, Commodities, Metals, Shares, Energies, and, Cryptocurrencies.
🔎 Broker | 🥇 OANDA |
💶 Minimum Deposit | None |
📌 Account Types | Standard, Elite Trader |
🆓 Demo Account | ✅Yes |
🎁 Bonus Offers | ✅Yes |
✏️ Education | ✅Yes |
📲 Mobile Trading | ✅Yes |
🖱️ Trading Platform | MetaTrader 4 |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Great trading platforms | Only FX and CFD available for most clients |
Outstanding research tools | Lacking Customer Support |
Low trading fees | Inactivity fee |
Our Insights
The benefits of trading with OANDA include Bespoke trading platforms and multilingual, multi-channel assistance.
Is Forex Trading Legal in Saint Vincent and the Grenadines?
Forex Trading in Saint Vincent and the Grenadines is legal and available without restriction. Moreover, it is governed by The Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA).
In Conclusion
The Popularity of Forex Trading in Saint Vincent and the Grenadines is very popular and completely legal. Moreover, it is highly regulated by the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA). In addition, multiple International Forex Brokers accept Vincentian Traders.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker | |
🥈 | Read Review | FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC | USD 100 | Visit Broker | |
🥉 | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | ASIC, FCA, CySEC, SCB | USD 100 | Visit Broker | |
6 | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Traders in Saint Vincent and the Grenadines, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Faq
Forex Trading in Saint Vincent and the Grenadines is legal and available without restriction.
The Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA).
The Eastern Caribbean Dollar (EC$).
No Minimum Deposit is required.
The Admiral’s minimum deposit is 25 USD.
FXCM offers 24/5 Customer Support.
Interactive Brokers offer Leverage of up to 1:30.
An inactivity fee of 10 USD is charged after 12 months of Inactivity.