There is no St Vincent and the Grenadines (SVG) forex licence. The SVG Financial Services Authority registers business companies and LLCs but does not license or regulate forex brokerage. Since a 2023 notice, forex brokers registered in SVG must provide a certified copy of a licence from the regulator in each jurisdiction where they do business (the deadline for existing firms was 10 March 2023). An SVG company can still be part of a group structure, but the brokerage licence itself must come from a regulator such as Seychelles, Mauritius or an onshore authority.
- The SVG FSA does not license or regulate forex brokers.
- Since 2023, SVG-registered brokers must show a licence from where they operate.
- An SVG company alone is not a forex licence.
- Pair an SVG entity with a licence from a recognised regulator if you use one.
- Expect payment providers to ask for that licence.
Looking for licence application support? Hold your brokerage licence with a recognised regulator; we help you apply and launch.
For years, many brokers registered companies in St Vincent and the Grenadines and marketed themselves as "SVG-regulated". That was never a forex licence, and the rules have tightened.
What the SVG FSA does and does not do
| Activity | SVG FSA |
|---|---|
| Registers business companies and LLCs | Yes |
| Issues forex or CFD brokerage licences | No |
| Supervises forex trading activity | No |
| Requires SVG forex companies to hold a licence elsewhere | Yes, since the 2023 notice |
The 2023 change
In early 2023 the SVG FSA required existing forex brokers registered in SVG to provide a certified copy of the licence they hold from the regulator of each jurisdiction where they conduct business, with a deadline of 10 March 2023, and warned of sanctions for non-compliance. Many brokers moved their licensed activity to other jurisdictions.
How brokers structure instead
- Hold the brokerage licence with a recognised regulator, such as Seychelles or Mauritius.
- Use other group companies only where your lawyers approve the structure.
- Market only under the licensed entity's name and regulator.
See our St Vincent page, the offshore licence guide and the licence cost comparison.
How we help
We help clients choose a jurisdiction that fits their markets, prepare the licence application and supporting documents, and coordinate the process through to approval, with legal opinions from qualified local counsel. We also supply the technology documentation regulators ask for, and the platform, CRM and liquidity to launch once you are approved. See forex licence and company formation.
General information reviewed November 2026, not legal advice. Licensing rules and regulators' positions change; confirm with the regulator and qualified local counsel before you apply. MetaTrader is a trademark of MetaQuotes Ltd.