#1
Blackwell Global Investments Limited
Suspicious CloneBahamasEst. 2010SERC
Regulation
License
Spread
70.7Score
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.
| Broker | Score | Registered | SCB licence | Also holds |
|---|---|---|---|---|
| Blackwell Global | 70 | 2010 | Yes | FCA, SFC, BaFin, CySEC, FMA |
| Capital.com | 64.7 | 2016 | Yes | FCA, ASIC, CySEC, SCA |
| TD365 | 52.7 | 2014 | Yes | FCA |
| Uphold | 50.3 | 2013 | No | FCA, FinCEN, FINTRAC |
| HIBT | 28.2 | 2024 | Yes | None on record |
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.
5brokers on this list
Researched & ranked by the Wikilix team
- #2
Capital Com Online Investments Ltd
RegulatedBahamasEst. 2016CySEC
RegulationLicenseSpread66.4Score - #3
TD365
RegulatedBahamasEst. 2014FCARegulationLicenseSpread52.7Score - #4
Uphold Worldwide Ltd
RegulatedBahamasEst. 2013FINTRAC
RegulationLicenseSpread52.0Score - #5
HIBT Markets Limited
No RegulationBahamasEst. 202431.0Score
This list is rebuilt from the licence records WIKILIX keeps, so a broker that moves its registered office in or out of the Bahamas appears or drops off without anyone editing this page by hand. The scores sit on the same records, which is why the order can shift between visits.
The most useful next step is to separate domicile from licence. If the SCB licence is what you care about, the regulator-based rankings collect every firm holding one, wherever it is registered. If the Bahamas registration is the point, the neighbouring offshore jurisdictions tell a similar story: Saint Vincent and the Grenadines, the Cayman Islands and the British Virgin Islands each host a mix of locally licensed firms and foreign companies using the address.
Whichever you pick, confirm the licence yourself before depositing. Four of these five can be checked on the FCA register, and the Securities Commission of the Bahamas publishes its own list of licensed firms. A licence a broker advertises but a register does not confirm is the clearest warning sign there is.
Frequently Asked Questions
Frequently asked questions
Answers from the Wikilix research team about this ranking.
Most Popular Questions
Being based in the Bahamas means the company is registered there, which is a matter of corporate address. Being licensed there means the Securities Commission of the Bahamas has authorised it to offer regulated services. The two often overlap but not always: Uphold is registered in the Bahamas without an SCB licence, and sixteen of the twenty SCB-licensed brokers we track are registered elsewhere.
Two of the five, Blackwell Global and HIBT, currently carry a WIKILIX suspicious-clone status. That label flags a broker whose name or branding closely resembles a better-known firm, which can mislead a trader into thinking they are dealing with the established company. It is a caution recorded in our data, not a proven fraud finding, and it is worth confirming the exact legal entity before you deposit.
This list cannot tell you. It is built from where each firm is registered and which licences it holds, not from the countries each broker accepts clients from, which is information WIKILIX does not record. A broker headquartered in the Bahamas may or may not onboard residents of your country, so check each firm's own terms and the entity it would place you under before signing up.
It ranges from 1:30 to 1:400 across the five. HIBT caps leverage at 1:30, while Blackwell Global goes up to 1:400, and the cap you actually get depends on which entity holds your account rather than on the shared Bahamas address. Uphold has no maximum leverage recorded, reflecting its payments and crypto focus rather than leveraged trading.
Four of these five also hold a UK Financial Conduct Authority licence: Blackwell Global, Capital.com, TD365 and Uphold. For a client, the FCA entity usually carries stronger protection than the Bahamian one, including access to the Financial Services Compensation Scheme. Check which entity actually opens your account, because a firm can advertise an FCA licence while placing you under an offshore arm.
Four of the five do. Blackwell Global, Capital.com, TD365 and HIBT each hold a licence from the Securities Commission of the Bahamas, while Uphold instead appears under the United States FinCEN and Canada's FINTRAC. Being registered in the Bahamas does not automatically mean a firm holds the local SCB licence, and this list is where that split is visible.
Blackwell Global, registered in 2010, is the oldest of the five on record, and HIBT, registered in 2024, is the newest. Age here is measured from the recorded opening date of the entity, not from when a brand first appeared, so a long history under a different name would not show up in these figures.
Five, as of today. Every broker WIKILIX tracks with a registered office in the Bahamas is on this list, ordered by overall score. The number changes on its own when a firm moves its registration in or out of the country, so the count reflects domicile records rather than a hand-maintained selection.