Vanuatu Financial Services Commission
Offshore onlyVanuatu · VFSC
Light-touch registration with no retail leverage cap and no compensation scheme. Treat a Vanuatu entity as offering essentially no recourse if something goes wrong.
Compensation if the firm fails
No compensation scheme is on record for retail clients in this jurisdiction.
Negative balance protection
Not established. Plan on the assumption that you can owe the broker money, and confirm with the authority.
Brokers that name VFSC
Naming a regulator is not the same as your account being covered by it. Confirm the entity.