Forex License

We can assist you in obtaining a Forex license from jurisdiction we listed below and will provide with their regulatory and broker licensing needs in order to lawfully operate as a brokerage firm in the foreign exchange industry

We will advise you where it is best to apply for a Forex license and provide you with full services including:  company formation, compliance advisory, all the essentials requirements to start a Forex company, merchant account and business account opening, nominee directors, office service etc.

The procedure of applying for a Forex license can be difficult without professional firm. Using a professional firm to help you through the entire license application process can ensure that you follow all the correct procedures and supply the correct documents to the regulatory authority.

CONTACTS:

SKYPE: bris-group;
WhatsApp: +44 775 479 5814;
Viber: +44 775 479 5814;
Mobile: +44 775 479 5814;
Facebook: facebook.com/bris.gr.3
UK:+44 207 206 2487;
Canada:+1 437 889 1960;
Czech Rep.:+42 022 888 1788;
France:+33 182 888 048;
Russia:+7 499 609 5890;
Ukraine:+38 094 712 1336;
Fax:+44 208 368 4154

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Categories of Forex licenses

Forex License

Level A Forex Jurisdictions

  • USA (CFTC, NFA– the regulatory body)
  • Japan (FSA Japan– the regulatory body)

-$20 million of freely accessible capital, (clients’ deposits not included).

-Extremely strict reporting requirements and customer complaints to regulatory agencies which reflect  a strong reaction from the regulators.

Forex License

Level B Forex Jurisdictions

  • Great Britain (FCA– the regulatory body)
  • Australia (ASIC– the regulatory body)

-Less stringent reporting requirements

-Obtaining a license can cost around $35,00-$50,000.

-A physical office presence is required.

-$100,000 of capital is needed (non- clients funds).

Level C Forex Jurisdictions

With a certain level of protection for the clients of Forex companies.

Cyprus (CySEC– the regulatory body)

Malta (MFSA– the regulatory body)

New Zealand (FSP– the regulatory body)

  • A local office is required.
  • There is a low level of reporting and the taxes are quite reasonable.
  • $30,000 accessible capital is needed, which varies by license type.
  • The price to obtain the license is about $35,000-50,000 for legal services
  • Takes about six months once the documentation is provided to the government before the license is granted.
  • Opening a bank account is easier than some of the jurisdictions below.

Level D Forex Countries 

Belize the most favourable (FSC– the regulatory body)

BVI (FSC– the regulatory body)

  • These countries do have regulations and license requirements, so you will have a license to show prospective clients and post on your website to gives clients a level of comfort.
  • Licensing process takes about 3-4 months,
  • The whole process is typically $20,000-$30,000.
  • Deposit a minimum of $125,000 in your corporate account,  you will have access to the money.
  • With license it is much easier to open a corporate bank account.

Level E Forex Jurisdictions

(95% of Forex companies start without licenses)

Nevis

Seychelles

St. Vincent

or other offshore jurisdiction

  • Jurisdictions where Forex licenses not required.
  • The advantages are speed and low cost.
  • The disadvantage is that, without a license it is difficult to open a bank account but possible.

New Countries for Forex license:

  • Latvia

-Company and Forex Licence in the Baltic countries

-The registration process is fairly short (around 2-3 months)

-Opening of the bank account is easy

-Latvia is a part of the European Union

-Popular among the beginner-brokers

Other countries to obtain Forex License

European countries, licensing must comply with EU directives and European standards.

  • Panama (SVN – the regulatory body)
  • Cayman Islands (CIMA – the regulatory body)
  • Hong Kong (SFC– the regulatory body)
  • Singapore (MAS – the regulatory body)
  • Mauritius (FSC – the regulatory body)

Very popular jurisdiction to obtain Forex licence

  •  Vanuatu  (VFSC – the regulatory body)

-Low costs and fast registration (it is possible to be granted a license in only 2 to 3 weeks)

-Very low capital requirements: bond deposit only $50,000 USD

-The whole process is typically under $10,000.