## What it means
An offshore broker is an onboarding entity registered in jurisdictions such as Seychelles, Vanuatu, St Vincent, Belize or Mauritius. Offshore does not automatically mean scam, but regulatory protection, compensation and enforcement are usually weaker than Tier 1 jurisdictions.
## How to check
Review contracting entity, regulator register, client-money segregation, negative balance protection, leverage limits and withdrawal record.