St. Vincent and the Grenadines is an island in the Caribbean that is a popular jurisdiction for new forex brokerages to base themselves. Additionally, many larger or more established brokerages have established legal entities in St Vincent and the Grenadines. Why is St. Vincent such a popular jurisdiction for offshore forex brokerages? This blog post will examine why and explain why you should base your forex broker in St. Vincent!St. Vincent and the Grenadines have a variety of different legal structures, but the most popular legal structure for forex or international finance service business is a called an “International Business Company” or IBC.