WHY FOREX BROKERS AND TRADING PLATFORMS GRAVITATE TOWARD THE VANUATU FINANCIAL SERVICES COMMISSION COMPLIANCE CERTIFICATION

The Vanuatu's FSC is a well-known regulatory body that issues licenses to Forex brokers and currency markets. In a short span of time, a growing number of Forex brokers and exchange systems have chosen to get licensed by the VFSC. This raises the question: Why do currency dealers and exchanges prefer the VFSC over other governing entit