Bermuda Monetary Authority
BMA · Bermuda · Established 1969
Bermuda Monetary Authority (BMA) is the financial register of Bermuda, established 1969. It caps retail leverage at 1:1000 and requires segregated client funds.
Check a firm's licence yourself
What this licence gets you
The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.
- Maximum leverage, retail
- 1:1000
- Maximum leverage, professional
- 1:1000
- Compensation if the firm fails
- —
- Negative balance protection
- Not required
- Client funds held separately
- Required
- Hedging
- Permitted
- FIFO order closing
- Not mandatory
- Supervision covers
- Banks, insurance, investment businesses, trusts, forex brokers, digital assets
- Body type
- Independent statutory authority
This is an offshore register. A firm licensed here is registered in Bermuda, not supervised by the country it advertises to, and the protections above are what that registration actually carries.
About BMA
The Bermuda Monetary Authority (BMA) is Bermuda's independent financial regulator, overseeing banks, insurers, investment firms, and forex brokers with a focus on AML compliance and financial stability. It offers a reputable offshore licensing framework with robust oversight, balancing flexibility with high standards. The BMA is recognized globally for its stringent yet business-friendly approach.