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6 Best Forex Brokers in Saint Vincent and the Grenadines

Edited by: Louis Schoeman

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:

 

 

and much, MUCH more!

 

6 Best Forex Brokers in Saint Vincent and the Grenadines

 

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✅YesNone
🥈 Admirals👉 Click Here✅Yes67,56
🥉 FXCM👉 Click Here✅Yes135,13
🏅 Interactive Brokers👉 Click Here✅YesNone
🎖️ IG👉 Click Here✅Yes135,13
🏆 OANDA👉 Click Here✅YesNone

 

6 Best Forex Brokers in Saint Vincent and the Grenadines (2024)

 

  1. ☑️ XTB – Overall, the Best Forex Broker in Saint Vincent and the Grenadines
  2. ☑️ Admirals – Low EU$ Minimum Deposit Forex Broker
  3. ☑️ FXCM – Best Online Trading Experience
  4. ☑️ Interactive Brokers – Best Overall Offering
  5. ☑️ IG – High User Trust Score in Saint Vincent and the Grenadines
  6. ☑️ OANDA – Best Mobile Trading Experience

 

XTB Review

 

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 Founded2002
👤 Amount of StaffApproximately 2,000
👥 Amount of Active TradersOver 500,000
📍 Publicly TradedWarsaw Stock Exchange
📈 RegulationFCA,
KNF,
IFSC,
CySEC
🌎 Country of RegulationUK (FCA),
Poland (KNF)
📉 Account Segregation✅Yes
📊 Negative Balance Protection✅Yes
💹 Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed AccountsNone
💰 Minor Account CurrenciesMajor,
Minor
💴 Minimum DepositVaries by account type
⚡ Average Deposit/Withdrawal Processing Time1-3 business days
💶 Fund Withdrawal FeeNone
📐 Spreads FromFrom 0.1 pips
💶 CommissionsVariable
💵 Number of Base Currencies Supported30+
💷 Swap Fees✅Yes
🔖 LeverageUp to 1:500
🏷️ Margin RequirementsVaries
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
🖇️ Order Execution Time SecondsMilliseconds -
🖥️ VPS HostingSelect accounts
📈 CFDs Total Over 2,000
📉 CFD Stock IndicesMajor global indices
🍎 CFD CommoditiesOil, gold, etc.
📊 CFD Shares✅Yes
💴 Deposit OptionsBank transfer,
credit/debit,
e-wallets, etc.
💶 Withdrawal OptionsBank transfer,
credit/debit,
e-wallets, etc.
🖱️ Trading PlatformsxStation 5
⭐ OS CompatibilityWindows,
macOS,
iOS,
Android
⚙️ Forex Trading ToolsCharting tools,
technical analysis
🥰 Live Chat Availability✅Yes
☎️ Customer Support Contact NumberVaries by region
💙 Social Media PlatformsTwitter,
Facebook,
LinkedIn,
Instagram
🚩 Languages SupportedMultiple languages
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 Educational ResourcesArticles,
tutorials, etc.
🤝 Affiliate Program✅Yes
🫶 Amount of PartnersNumerous global partners
🫰🏻 IB Program✅Yes
🔖 Notable Events or Teams✅Yes
🏷️ Rebate Program✅Yes
🚀 Open an Account👉 Click Here

 

XTB

 

Pros and Cons

 

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalHigh 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 Review

 

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 Deposit25 USD
🎉Established Year2001
⏰Support Hours24/5
💻Trading PlatformsMetaTrader 4, MetaTrader 5, Admirals App
📈Account TypesTrade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5
🚀 Open an Account
👉 Click Here

 

Admirals

 

Pros and Cons

 

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalNo 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 Review

 

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 Deposit50 USD
4️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes
🕰️ Support Hours24/5
🚀 Open an Account👉 Click Here

 

FXCM

 

Pros and Cons

 

✅ Pros❌ Cons
Multitude of educational materialsHigh Currency conversion fees
Multiple Account TypesNarrow asset portfolio
24-hour multilingual customerLimited 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 Review

 

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. DepositNone
💶 Inactivity FeeNone
📈 Tradable AssetsForex, Metals, Futures, ETFs
🪙 Crypto Trading✅Yes
📉 MT4 / MT5 None
📊 Proprietary Platforms✅Yes
📲 Mobile App✅Yes
🤝 Customer Support24/7
✏️ Education✅Yes
📍 Account TypesIBKR Pro and Lite
🚀Open an Account👉 Click Here

 

Interactive Brokers Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Low commissions and feesIntimidating Platform
Excellent educational materialsComplex tiered pricing plans
Reliable trade executionLacking Customer Support

 

Our Insights

The Benefits of Trading with IBKR include access to comprehensive desktop, online, and mobile trading platforms.

 

IG Review

 

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 Founded1974
👤 Amount of Staff2,000+
👥 Amount of Active Traders300,000+
📍 Publicly Traded✅Yes
🛡️RegulationFCA,
ASIC,
CFTC,
NFA,
BaFin
🌎 Country of RegulationUK,
Australia,
US,
Germany
↪️ Account Segregation✅Yes
🚨 Negative Balance Protection✅Yes
⭐ Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed AccountsNone
💴 Minor Account CurrenciesUSD, EUR, GBP
💶 Minimum Deposit$250
⏰ Average
Deposit/Withdrawal
Processing Time
1-3 business days
💷 Fund Withdrawal FeeNone
📈 Spreads from0.6 pips
📉 CommissionsNone
💰 Number of Base Currencies Supported5
📊 Swap FeesApplicable
⚙️ LeverageUp to 1:30 (Retail)
🔖 Margin RequirementsVaries by asset
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
⏲️ Order Execution Time0.1 seconds
🖱️ VPS Hosting✅Yes
✔️CFDs Total17,000+
📌 CFD Stock Indices80+
🍎 CFD Commodities30+
📍 CFD Shares12,000+
💴 Deposit OptionsBank Transfer,
Credit/Debit Cards,
PayPal,
Skrill
💶 Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
PayPal,
Skrill
🖥️ Trading PlatformsMetaTrader 4,
ProRealTime,
L2 Dealer,
IG Trading Platform
💻 OS CompatibilityWindows,
MacOS,
Android,
iOS
📐 Forex Trading ToolsEconomic calendar,
Autochartist,
Trading signals
🥰 Live Chat Availability✅Yes
💌 Customer Support Email✅Yes
☎️ Customer Support Contact Number✅Yes
💙 Social Media PlatformsFacebook, Twitter, LinkedIn
✏️ Languages SupportedMultiple languages
📔 Forex Course✅Yes
📚 Webinars✅Yes
📒 Educational ResourcesArticles,
Videos,
Tutorials
📑 Affiliate Program✅Yes
🗃️ Amount of PartnersNot specified
🗄️ IB Program✅Yes
📇 Notable Events or Teams✅Yes
🪙 Rebate Program✅Yes
💴 Cent or Micro AccountsNone
🚀Open an Account👉 Click Here

 

IG Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Access to over 17,000 instruments across marketsLimitations on customer support hours
Investing opportunities for high-volume tradersInactivity fees apply
Several advanced Trading platformsIG 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

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 DepositNone
📌 Account TypesStandard, Elite Trader
🆓 Demo Account✅Yes
🎁 Bonus Offers✅Yes
✏️ Education✅Yes
📲 Mobile Trading ✅Yes
🖱️ Trading PlatformMetaTrader 4
🚀Open an Account👉 Click Here

 

OANDA Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Great trading platformsOnly FX and CFD available for most clients
Outstanding research toolsLacking Customer Support
Low trading feesInactivity fee

 

Our Insights

The benefits of trading with OANDA include Bespoke trading platforms and multilingual, multi-channel assistance.

 

Forex Trading in Saint Vincent and the Grenadines

 

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).

 

Is Forex Trading Legal in Saint Vincent and the Grenadines?

 

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.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFSCA, IFSC, ASIC, CySEC, DFSA, FCAUSD 5Visit Broker
🥉Read ReviewFCA, FSCA, FSC, CMAUSD 200Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFSC, FSA, VFSCUSD 10Visit Broker
6Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit 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.

IG supports scalping and Hedging.

An inactivity fee of 10 USD is charged after 12 months of Inactivity.

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