6 Best Forex Brokers in Saint Vincent and the Grenadines
Last Update: June 26th, 2024
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 |
💵 Minimum Deposit | 0 USD |
5️⃣ Ease of use Rating | 5/5 |
🎁 Bonuses | ✅ Yes |
⏰ Support Hours | 24/5 |
🚀 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 |
📈 Regulation and Licenses | FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
📉 Ease of Use | 4/5 |
📊 Support Hours | 24/7 |
💻 Trading Platforms | MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API |
💴 Base Currencies | USD |
📊 Spreads | From 0.1 pips DMA |
📌 Leverage | 1:222 (Pro), 1:30 (EU, UK, Retail) |
💸 Currency Pairs | 80+; major, minor, and exotic pairs |
💳 Minimum Deposit | From 50 USD (differs per region) |
🚫 Inactivity Fee | Yes, 12 USD after 2 years of inactivity |
📍 Website Languages | English |
💰 Fees and Commissions | Spreads from 0.1 pips, commissions from 0.10% |
🚀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 | FMA, FSA | USD 50 | Visit Broker >> | |
🥉 | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker >> | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> | |
6 | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | 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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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.