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The 10 Longest-Established VFSC Regulated Brokers

The ten oldest brokers holding a Vanuatu Financial Services Commission licence and a clean regulatory record on WIKILIX, ordered from the 1990 veterans down, with each firm's other licences shown so you can see which stand on more than the offshore permit.

Updated August 2026

Ten brokers hold the longest operating records among the Vanuatu Financial Services Commission (VFSC) licensees WIKILIX tracks with a clean regulatory standing. Two of them, Hantec Bullion and HANTEC FINANCIAL, were registered in 1990, and the youngest firms on this page opened in 2012. They are ranked by age alone, oldest first, so the order says nothing about which is best and everything about which has been trading longest.

#BrokerRegisteredScoreTier-1 licences heldMax leverage
1Hantec Bullion199068.2FCA, ASIC1:100
2HANTEC FINANCIAL199050.3ASIC1:400
3PRIME CDEX199354.2SFC1:500
4InteractiveBrokers199672.5FCA, ASIC, SFC1:400
5DECODE200443.4ASIC1:500
6xDirect200526.0None, VFSC only1:200
7ONE ROYAL200652.4ASIC1:1000
8The Access Bank UK200752.0FCA1:1
9GTCFX201243.8FCA, ASIC1:1000
10Vantage201260.5FCA, ASIC1:500

Why longevity is the only thing ranked here

A VFSC licence is quick and inexpensive to obtain, which is part of why so many young offshore brands carry one. Time in business filters differently. A firm that has kept the same licence current for two or three decades has renewed it, stayed inspectable and traded through more than one market cycle. That is the single criterion behind this order. The WIKILIX score sits in the table for context, but it does not move a broker up or down the list.

These ten were drawn from 43 VFSC licensees with at least ten years of history, of which 17 carry a clean regulation status on WIKILIX. The oldest ten of those 17 make the page. The median score across the ten is 52.2, running from xDirect at 26.0 up to Interactive Brokers at 72.5, so a long record plainly does not guarantee a high one.

What the VFSC licence does, and what it leaves out

The Vanuatu Financial Services Commission is an offshore authority, rated tier-4 in the WIKILIX tiering, the lowest band we record. It licenses the company and expects it to meet capital and reporting conditions, but it does not run an investor compensation scheme of the kind the UK's Financial Conduct Authority or Australia's ASIC stand behind. That gap is why the other licences a broker holds matter so much on an offshore page. Nine of these ten also answer to at least one tier-1 regulator. Interactive Brokers alone lists the FCA, ASIC and SFC among eleven authorities, while Hantec Bullion, GTCFX and Vantage each pair the FCA with ASIC. Only xDirect stands on the Vanuatu licence by itself, and its 26.0 score is the lowest here.

Most of these firms are not actually in Vanuatu

Only three of the ten, HANTEC FINANCIAL, DECODE and xDirect, are domiciled in Vanuatu. The rest sit in Hong Kong, Australia, the United Kingdom and the United Arab Emirates and hold the VFSC permit as one licence among several. A Vanuatu licence is a regulatory choice, not an address, and the registered office you would be contracting with is often somewhere else entirely. Confirm which legal entity a broker would open your account under before you read too much into the flag.

Before you open an account with an offshore-licensed broker

  • Check which entity the account sits under. The VFSC-licensed company and the FCA or ASIC one are usually separate, and only one carries the stronger protections.
  • Read the leverage the offshore entity offers. It ranges from 1:100 at Hantec Bullion to 1:1000 at ONE ROYAL and GTCFX here, well above what a tier-1 entity may legally offer.
  • Verify the VFSC licence number on the Commission's own register, then confirm any FCA, ASIC or SFC licence on that regulator's register too.
  • Treat a long history as a starting point, not a verdict. Age tells you a firm has lasted, not how it treats clients today.

This page is a snapshot of operating history, not a live ranking. Because it is hand-ordered by registration date, it changes only when WIKILIX records a new VFSC licensee old enough to displace one of these ten, or when a firm here loses its clean regulation status. We recheck the underlying licence records regularly and reorder the list when the facts move.

If you came to compare VFSC brokers by quality rather than age, the companion ranking of the top VFSC brokers by WIKILIX score orders the same jurisdiction differently. To see how Vanuatu sits against other low-tier authorities, the tier-4 regulated brokers page covers the whole band, and the top Seychelles FSA brokers by score give a close offshore comparison. Whichever you open, confirm every licence on the regulator's own register before you deposit, and read the account terms of the specific entity you would be trading with.

Frequently Asked Questions

Frequently asked questions

Answers from the Wikilix research team about this ranking.

Most Popular Questions
No. Longevity shows a firm has renewed its licence and kept operating for years, which is real information, but it is not a safety verdict. Interactive Brokers scores 72.5 here while xDirect, only a decade younger by registration, scores 26.0. Read the operating history alongside each firm's licences, its WIKILIX score and its current status.
This list cannot tell you. It is built from where each broker is licensed and domiciled, not from which countries it accepts clients in. A VFSC or tier-1 licence says nothing about whether a firm onboards residents of your country, and that can change without notice. Check the broker's own account terms and any local restrictions before you apply.
Because it only includes firms WIKILIX records with a clean regulation status. Several licensees that predate entries here, such as RoboForex and FXTRADING.com from 2009, carry an offshore flag on their record and were left out. The cutoff keeps the ranking to brokers whose standing is currently marked clean, even at the cost of dropping older names.
They are the ten oldest, by registration date, among the VFSC licensees WIKILIX records with a clean regulation status and at least ten years of history. Forty-three firms met the licence and age test, seventeen of those held a clean status, and the oldest ten of the seventeen make the page. Score played no part in the order.
Less than an onshore tier-1 licence does. The Vanuatu Financial Services Commission is an offshore authority, the lowest band in the WIKILIX tiering, and it does not run an investor compensation scheme like the one behind the FCA or ASIC. It licenses and monitors the firm, but recovering money if the broker fails is far harder than onshore.
Mostly no. Only three of the ten, HANTEC FINANCIAL, DECODE and xDirect, are domiciled in Vanuatu. The others sit in Hong Kong, Australia, the United Kingdom and the United Arab Emirates and hold the VFSC permit as one licence among several. A Vanuatu licence signals a regulatory choice, not where the company is actually run from.
Nine of the ten. Interactive Brokers carries the most, listing the FCA, ASIC and SFC among eleven authorities, and Hantec Bullion, GTCFX and Vantage each pair the FCA with ASIC. Only xDirect relies on the Vanuatu licence alone, which is worth weighing against its place as the sixth-oldest firm here.
Hantec Bullion and HANTEC FINANCIAL share the top spot, both registered in 1990 and both still holding a clean VFSC record. PRIME CDEX follows from 1993 and Interactive Brokers from 1996. Every firm ranked below them opened in 2004 or later, so those four names account for the entire pre-2000 stretch of this page.
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