Forex trading is legal in Belize under the regulatory framework established by the Financial Services Commission and the Central Bank of Belize. The Financial Services Commission is a statutory authority established to regulate and supervise non-bank financial services, including the securities industry in Belize (1). The FSC is committed to international standards and best practices in the regulation and supervision of non-bank financial services, with a mandate to protect investors from unfair, improper, or fraudulent practices while fostering development of fair and efficient capital markets.
The Central Bank of Belize is responsible for monetary policy and maintains a fixed exchange rate of BZ$2.00 to US$1.00, which has been in place since May 1976 (2). The Bank's monetary policy objectives are legislated in the Central Bank of Belize Act that took effect on January 1, 1982, and include fostering monetary stability, especially stability of the exchange rate, and promoting credit and exchange conditions conducive to the growth of the Belizean economy.
"The fixed exchange rate is a cornerstone of macroeconomic stability, anchors inflation expectations and affords a stable environment for investment decisions."
The Exchange Control Regulations Act authorizes the Central Bank of Belize to approve dealings in gold and foreign currency, while addressing financial transactions between residents and non-residents (2). To preserve the peg to the US dollar, the Bank is required to maintain external assets of at least 40.0 percent of its domestic liabilities and manage credit growth. The FSC licenses and supervises entities providing forex trading services and ensures compliance with relevant laws and regulations throughout the jurisdiction.
Source:
https://www.belizefsc.org.bz/about-non-bank-financial-services-sector-in-belize/
https://www.centralbank.org.bz/home/core-functions/monetary-policy
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
