regulated by the FSC under the Securities and. Equally important, the International Monetary Fund reported in October 2010 that public revenues have remained steady in the BVI since 2008. The broker gives guarantees of transparent pricing and trading orders execution on the basis of STP technology application. The license allows Gallant to deal in investments as a principal. Learn more, i agree. Gallants renowned Partner Programs are ideal for Introducing Brokers, Money Manager Solutions, and White Label Services. This broker is often compared with 3TG. Grab your latest copy of the Forex Magnates Retail Forex Industry Report for Q1 2011. Getting a financial license in BVI is now almost as difficult as getting it in Europe. Gallants clientele have long benefited from strong products and quality services. Securities and Investment Business Act, 2010 License siba/L/11/0964.
The broker offers clients the free education for traders of any qualification level. Adding Gallants investment business license to deal in investments as a principal to its powerful suite of products and services raises the bar for its competition, enabling Gallant to offer its services within the confines of a respected regulatory framework, advancing its commitment to expanding. Go to article The bvifsc is the regulatory authority for all financial services businesses operating in the BVI. Of course for investors BVI will always sound as a place for monkey business but the tiny island is adamant to change this perception and is strictly enforcing its new rules.
The improvement comes as other offshore jurisdictions continue to decline, a trend that began with the global financial crisis in 2008. BVI confirmed its growing importance as a financial center in the latest Global Financial Centres sic Index (gfci) ratings. Tortola, British Virgin Islands, June 6, 2011 Gallant Capital Markets (Gallant) announced today that the British Virgin Islands Financial Services Commission (bvifsc) approved its application for an investment business license. BVI, which for many is a synonym for an offshore haven and lax regulation, is no longer such. About Gallant Capital Markets: Gallant Capital Markets is one of the worlds leading providers of Forex trading technologies and services to private and institutional traders. It was the only offshore financial center to rise in the gfci ratings. BVIs FSC also reluctant to handout too many financial licenses therefore any firm applying should expect quite a lengthy (about a year) and costly (100k) process. Payments, payment cards, Bank Transfer, Skrill, Webmoney, Neteller.