The Bermuda Monetary Authority (BMA) is the integrated regulator for Bermuda’s financial sector, overseeing banking, insurance, investment services, and digital asset businesses. While it does not license speculative retail forex brokers in the same way Tier-1 regulators do, the BMA does issue licenses for investment businesses that may offer FX derivatives, currency funds, or institutional forex services.
The Bermuda Monetary Authority (BMA) enforces high standards for forex-related investment firms, institutional currency trading, and fund management. However, it does not license speculative retail forex brokers, and traders should be cautious of firms claiming Bermuda links without BMA verification.
- Licenses investment businesses under the Investment Business Act 2003
- Regulates institutional FX trading desks, currency fund managers, and derivatives providers
- Oversees AML/CFT compliance, prudential requirements, and capital adequacy
- Supervises digital asset businesses, which may include crypto/FX hybrids
- Visit the BMA Register of Licensed Entities
- Search by firm name or license type
- Confirm authorization for investment or digital asset services involving forex
Country
Bermuda
Established
1969
Contact
+1 441 295 5278
Complaint bodies
Bermuda Monetary Authority (BMA), Bermuda Police Service (for criminal fraud)
Hotline
+1 441 295 5278
Complaint email
Last updated on: April 07, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.