trade nation zero spread
Trade Nation Cashback

SCB Regulated Forex Brokers (Bahamas)

SCB Regulated Forex Brokers – In the Bahamas, forex brokers are regulated by the Securities Commission of the Bahamas (SCB). This regulator enjoys a strong reputation around the world, partly because it has managed to balance the need to attract forex brokers to the island, while also providing the necessary legal framework and financial transparency. The Caribbean island has been a popular jurisdiction for US and European financial services companies for many years, but has in recent times lost some of this business to other offshore jurisdictions in the same region.

SCB – The Securities Commission of The Bahamas

The Securities Commission of The Bahamas (the Commission)(SCB) is a statutory body established in 1995 pursuant to the Securities Board Act, 1995. That Act has since been repealed and replaced by new legislation. The Commission’s mandate is now defined in the Securities Industry Act, 2011 (SIA, 2011). The Commission is responsible for the administration of the SIA, 2011 and the Investment Funds Act, 2003 (the IFA), which provides for the supervision and regulation of the activities of the investment funds, securities and capital markets. The Commission, having been appointed Inspector of Financial and Corporate Services in 1 January 2008, is also responsible for administering the Financial and Corporate Service Providers Act, 2000.

SCB Regulated Forex Brokers / Forex Brokers in the Bahamas

FCA in the UK,
European Securities and
Markets Authority (ESMA),
FSCS (UK Customers), ASIC,
FSCA, SCB (Bahamas) reg Number 203493 B

FxPro UK Limited FCA reg no. 509956,
FxPro Financial Services Limited
CySEC Reg no. 078/07,
FxPro Financial Services Limited
FSCA South Africa #45052,
FxPro Global Markets Limited
SCB Bahamas no. SIA-F184

ASIC #414530, SCB #SIA-F217,
CySEC #388/20, BaFIN #151148,
DFSA #F004356, FCA #684312

ActivTrades Corp
SCB Bahamas reg no. 199667 B,
ActivTrades Corp FCA #434413.

SCB (Bahamas)

The Securities Commission of The Bahamas (the Commission)(SCB) is a statutory body established in 1995 pursuant to the Securities Board Act, 1995. That Act has since been repealed and replaced by new legislation. The Commission’s mandate is now defined in the Securities Industry Act, 2011 (SIA, 2011). The Commission is responsible for the administration of the SIA, 2011 and the Investment Funds Act, 2003 (the IFA), which provides for the supervision and regulation of the activities of the investment funds, securities and capital markets. The Commission, having been appointed Inspector of Financial and Corporate Services in 1 January 2008, is also responsible for administering the Financial and Corporate Service Providers Act, 2000.

SCB (Bahamas) Mission

To effectively oversee and regulate the activities of investment funds, securities and the capital markets, to protect investors while strengthening public and institutional confidence in the integrity of those markets