Eternity Law International Crypto licenses for sale Jurisdictions for Forex License

Jurisdictions for Forex License

Published:
April 29, 2020

Many people wonder what jurisdictions for Forex License will be most optimal.

There are also clients who wish to receive a similar license for brokering and the third category, which is aimed at obtaining an American type license to work in the forex market.

When choosing between licenses provided by certain countries, many prefer the Seychelles and the Virgin Islands, Mauritius and Belize.

Many entrepreneurs prefer the Isle of Man and the Cayman Islands. But despite the fact that the latter, although they belong to the category of offshore, obtaining a license here is very difficult.

Therefore, if you need to choose an effective jurisdiction in order to obtain a license for brokerage, first of all you need to pay attention to the terms, budget and initial registered capital.

TIME FOR RECEIPT AND LICENSE PREPARATION

The deadlines for registration and obtaining a forex license in such jurisdictions as BVI and Mauritius, Seychelles and Belize are identical. Regulators take 3 to 5 months to review the application from the moment the documents were submitted.

It is worth paying attention to the fact that now in the Seychelles there is no process of issuing a forex license. Renewal will be carried out when clear norms and requirements are specified for which this process will be implemented.

Therefore, in any case, Belize is in the lead. But many are wondering, what about the situation with BVI?

A similar question will not arise only for that category of customers who from the very beginning drew attention to such an indicator as authorized capital, which is very high.

It is worth paying attention to the fact that many owners of brokerage organizations in the process of selecting the appropriate jurisdiction do not like when Cyprus or Belize are offered for consideration.

Belize has a key advantage in that it combines the quality of the license with an affordable price.

In Cyprus, there is the only working body that issues investment-type licenses.

At the same time, Cysec has many advantages.

They provide a lot of recommendations and give quick answers, quickly respond to complaints from customers and eliminate them just as quickly.

Among the European jurisdictions that issue forex licenses, it is worth paying attention to New Zealand, Malta and Cyprus.

When comparing them with each other, it is necessary to take into account exactly the same criteria as when comparing offshore jurisdictions.

The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.

You could be interested

Hong Kong SFC licensed company without clients - for sale

This is a new investment opportunity to buy a Hong Kong SFC licensed company. Please review the basic information regarding this proposal below. SFC license in Hong Kong for sale: details of the transaction Company holds type 4 (Advising on Securities) and type 9 (Asset Management) authorizations. Company holds Qualified Foreign Limited Partnership and it...

SPI License in the Czech Republic with an Integrated Financial Approach for sale

New investment opportunity – company with SPI license in Czech Republic for sale. Please review the general information regarding this proposal below. SPI license for sale: details of the transaction The company was registered in 2018. Has SEPA membership for IBAN issuance. Partnerships with other financial institutions for receiving and paying out transfers. Software solution...

Branded cryptocurrency exchange startup in Estonia for sale

Turnkey established startup ready to go live. License: Provider of virtual currency service license (new type, active). Price: Asking price is 120,000 EUR. The required share capital of 12,000 euros has already been registered (the buyer does not need to pay it). Company description: • Registered European Trademark valid for 10 years • Active IBAN...

Indonesian broker-dealer company for sale

License type: the company has the right to provide broker-dealer services. Established: 5+ years ago. Licensed: 4+ years ago. Head office location: Indonesia territory. Banking Institution: the company has an active account with a local banking institution. Availability of MT4 or other systems: not mentioned. Capital: TBC. Current status of the company: the company is...

Regulated financial institution in Singapore for sale w/ relationships with 15+ international banks

New investment opportunity – Regulated financial institution in Singapore for sale. The general information regarding this proposal is provided below. CMS company for sale: deal details This is a Capital Markets Services (CMS) company for sale in Singapore under the regulation of the Monetary Authority of Singapore (MAS). This business was registered in 2020 and...

ICO regulation in Switzerland

The list of loyal states in relation to cryptocurrency and projects related to ICOs is supplemented by Switzerland, which has a fairly good level of legal regulation of the cryptocurrency market. For the purpose of the study, authorized representatives of the city of Zug have introduced payments within the canton using Bitcoin. But due to...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7