Skip to content
Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
Disclosure·Affiliate links. Editorial ranking is independent. How we're paid
Crypto Brokers2026

Brokers by Country · BM

Crypto Brokers in Bermuda, 2026

Tracked byUpdated

Bermuda is a British Overseas Territory and major offshore-finance hub — the BMA (Bermuda Monetary Authority) operates as a single integrated regulator covering banking, insurance (a globally significant specialty), investment business and trust services. The Bermudian dollar (BMD) is pegged to the USD at par, removing FX conversion friction. There is no domestic retail forex/CFD framework as such; Bermuda's financial sector is dominated by reinsurance and institutional asset management. Most retail FX activity routes through offshore brokers using USD wires.

3 / 3 brokers accept Bermuda

crypto

  1. Editorial top pick

    01AvaTrade

    ASICFSCACBIBVI
    Open account at AvaTrade →
    Avg spread
    0.90pip
    broker-published typical
    Cost / lot
    $9.00
    no commission
    Min deposit
    $100
    Max leverage
    1:400
    EU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400

    Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume

    Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating history
    PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade

    Founded in 2006 · Verified Jun 1, 2026

    Full AvaTrade details →

  2. 02Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  3. 03Bybit

    VARA1 action
    Open account at Bybit →
    Avg spread
    0.10pip
    broker-published typical
    Cost / lot
    $4.00
    incl. $3 commission
    Min deposit
    None
    Max leverage
    1:500
    Up to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)

    MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers

    Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin account
    PlatformsMetaTrader 5, Bybit

    Founded in 2018 · Verified Jun 1, 2026

    Full Bybit details →

Country context

Regulator
BMA · Bermuda Monetary Authority — single integrated regulator covering banking, insurance (a major specialty), investment business and trust services
Currency
BMD
Payment methods
Wire transfer (BMD / USD)Bank transferVisa
Tax

Bermuda levies no personal income tax, no capital gains tax and no VAT. Income from foreign brokers is therefore not subject to Bermudian personal taxation, though residents may have reporting obligations in their country of citizenship.

Retail trading rules

There are no statutory leverage caps for offshore-served residents; brokers apply their own limits. The BMA publishes a register of locally licensed entities and warnings about unauthorised solicitations. Bermuda is on the OECD Inclusive Framework and complies with global tax-transparency standards (CRS, FATCA).

Frequently asked

Which brokers accept residents of Bermuda?+

3 of 3 brokers in our ranking accept Bermuda: AvaTrade, Libertex, Bybit.

Who regulates brokers for Bermuda?+

Primary regulator: BMA — Bermuda Monetary Authority — single integrated regulator covering banking, insurance (a major specialty), investment business and trust services.

What payment methods are available?+

Common methods: Wire transfer (BMD / USD), Bank transfer, Visa.

What are the tax rules for trading in Bermuda?+

Bermuda levies no personal income tax, no capital gains tax and no VAT. Income from foreign brokers is therefore not subject to Bermudian personal taxation, though residents may have reporting obligations in their country of citizenship.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.