Forex Brokers Based in the Bahamas

Five brokerages keep their registered office in the Bahamas, and this page lists all five, ranked by overall WIKILIX score. A Bahamas base means the company is incorporated on the islands. It does not mean the firm answers only to the Bahamian regulator, and it says nothing about whether the broker will take you on as a client.

That gap runs through the whole list. Four of the five hold a licence from the Securities Commission of the Bahamas, the offshore tier-3 authority usually shortened to the SCB. Four also hold a licence from the UK Financial Conduct Authority, and it is normally the FCA entity, not the Bahamian one, that carries the stronger protection. Capital.com, filed as Capital Com Online Investments Ltd, scores 64.7 and lists five authorities including the SCB, the FCA and Australia's ASIC. TD365 scores 52.7 and holds two, the SCB and the FCA. The top score on the page, 70, belongs to Blackwell Global, which records seven authorities but also carries a suspicious-clone warning.

A Bahamas registration is not a licence

The registered office tells you where the paperwork sits, not who supervises the money. Uphold is the clearest case. It keeps a Bahamas registration but holds no SCB licence at all, appearing instead under the United States FinCEN and Canada's FINTRAC, the money-services registers that fit its payments and crypto roots. HIBT, registered only in 2024, sits at the other end. It holds the SCB licence and nothing else, and caps leverage at 1:30. Across the five, leverage runs from that 1:30 up to the 1:400 Blackwell Global offers, and the cap depends on which entity opens your account rather than on the Bahamian address they share.

The bigger SCB names you will not find here

This is a domicile page, so it stops at the Bahamian border. We track twenty brokers holding an SCB licence, yet only four of them are registered in the Bahamas. The other sixteen keep an SCB licence while their head office sits somewhere else. If you searched for a well-known name that advertises SCB regulation and did not find it here, that is the reason. An SCB licence is a Bahamian permission, but the company behind it is often a foreign firm using the islands as one jurisdiction among several. To compare those firms, the licence-based rankings are the better place to look.

What an SCB licence asks of a broker

The Securities Commission of the Bahamas is an offshore tier-3 regulator, which places it below onshore tier-1 authorities such as the FCA or ASIC in the depth of protection it offers retail clients. It vets each firm and can act against misconduct, but its investor-compensation arrangements are thinner than the FCA's FSCS, and its enforcement reach across borders is limited. That is not a reason to dismiss an SCB firm on sight. It is a reason to know which entity you are contracting with, because two brokers on this page, Blackwell Global and HIBT, currently carry a WIKILIX suspicious-clone status, a label for a name that closely resembles a better-known firm.

Before you open an account with a Bahamas-registered broker

• Read which legal entity the client agreement names. A Bahamian company and an FCA-regulated UK entity carry different protections, and yours follow the entity rather than the brand.
• Confirm the SCB licence number on the Securities Commission of the Bahamas register before you deposit.
• If the firm also advertises an FCA licence, check whether your account is opened under that entity or under the Bahamian one.
• Match the leverage to the entity: the cap ranges from 1:30 to 1:400 across these five, and it moves with the entity, not the flag on the website.
• Ask whether the Bahamian entity falls under any investor-compensation scheme, since offshore tier-3 cover differs sharply from the FCA's FSCS.