Forex Broker License
What is a trader’s permit?
Why should you choose Fintech Harbor Consulting to receive Forex trading license?

Price of obtaining a Forex license
Procedure for Obtaining a Forex License:
1. Choose the Jurisdiction
2. Business structure and business plan
3. Company formation
4. Regulator Compliance
5. Compliance and Risk Management
6. Decision and Licensing
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- Full Service Dealer (Including Underwriting) with a minimum paid-up capital of 215 000 EUR can provide the following services:
– to trade in securities as principal with the intention of reselling these securities to the public,
– to underwrite or distribute securities on behalf of an issuer or a holder,
– to give investment advice which is ancillary to the normal course of its business activities,
– to manage portfolio of clients. - Full Service Dealer (Excluding Underwriting) with a minimum paid-up capital of 21 500 EUR as opposed to the Full Service Dealer Including underwriting, this category of license does not allow the licensee to underwrite or distribute securities on behalf of an issuer or a holder. The licensee is also requested to have a Professional Indemnity cover.
- Investment Dealer – Broker with a minimum paid-up capital of 15 000 EUR can provide the following services:
– to execute orders for its clients,
to manage portfolio of clients,
– to give advice on securities transactions to its clients. - Investment Dealer
– Discount Broker with a minimum paid-up capital of 13 000 EUR is authorized to execute orders for clients without giving advice. - Investment Dealer (Commodity Derivatives Segment) is authorised to act as broker in Commodity Derivatives only. Minimum unimpaired stated capital of 21 500 EUR.
- Investment Dealer (Currency Derivatives Segment) is authorized to act as broker in Currency Derivatives only. Minimum unimpaired stated capital of 21 500 EUR.
- A Cyprus Investment Firm (CIF) with a minimum paid-up capital of EUR 50,000 can provide the following services:- Order acceptance and transfer;
– Order execution on behalf of clients. - A Cyprus Investment Firm (CIF) holding assets and/or financial instruments of customers (minimum paid-up capital is EUR 125,000) can provide the following services:
– Order acceptance and transfer;
– Order execution on behalf of clients
– Asset management;
– Investment advice;
– Placement of financial instruments without firm commitments (subject to restrictions). - A Cyprus Investment Firm (CIF) with a minimum paid-up capital of EUR 730,000 can additionally provide the following services:
– Underwriting;
– Placement of financial instruments with firm commitments;
– Placement of financial instruments without firm commitments (without restrictions).
– Securities Market Making;
– Securities Brokerage;
– Securities Dealing;
– Investment Advisory;
– Portfolio Management. Permitted Securities:
– Primary Equities;
– Primary Debt Instruments;
– Derivative Instruments (futures, options, forwards, contracts, CFDs and Swaps), on any of the following;
– underlying assets; Equities, bonds, metals, commodities, currencies including cryptocurrency.
This definition also includes a person who holds a restricted securities dealer license.
Comoros Islands offshore forex license
– Securities Brokerage
– Financial Advisory
– Asset Management
– Fund Management
– Custody Services
– Transaction Clearing
– Payment Processing Currency Trading (FOREX)
– Issuance of Securities
– Underwriting of Securities crypto exchanges.
– Securities Brokerage
– Financial Advisory
– Asset Management
– Fund Management
– Custody Services
– Transaction Clearing
– Payment Processing Currency Trading (FOREX)
– Issuance of Securities
– Underwriting of Securities crypto exchanges.
Other staff: Auditor (Compulsory in Mauritius), Money Laundering and Reporting Officer, Deputy Money Laundering and Reporting Officer, Authorised Representetive / Dealer, Company Secretary.
Two independent non-executive directors (one being a Cyprus resident)
Other staff: AML and Compliance officer, internal auditor, accountant, secretary, etc.
The licensee will need at least 2 shareholders and a corporate shareholding is allowed.
The investment dealer will need at least one shareholder. Corporate shareholding is allowed and 100% foreign ownership is permitted
The Licensee must establish and maintain an appropriate and effective compliance function within the firm which operates independently of all operational and business line functions and senior or supervisory management.
- 215 000 EUR (Full Service Dealer (Including Underwriting);
- 21 500 EUR (Full Service Dealer (Excluding Underwriting);
- 15 000 EUR (Investment Dealer – Broker);
- 13 000 EUR (Investment Dealer – Discount Broker);
- 21 500 EUR (Investment Dealer (Commodity Derivatives Segment);
- 21 500 EUR (Investment Dealer (Currency Derivatives Segment).
- 215 000 EUR (Full Service Dealer (Including Underwriting);
- 21 500 EUR (Full Service Dealer (Excluding Underwriting);
- 15 000 EUR (Investment Dealer – Broker);
- 13 000 EUR (Investment Dealer – Discount Broker);
- 21 500 EUR (Investment Dealer (Commodity Derivatives Segment);
- 21 500 EUR (Investment Dealer (Currency Derivatives Segment).
- 50000 EUR;
- 125000 EUR (STP broker);
- 730000 EUR (Market maker broker).
Why do you need a Forex license?
What are the regulatory requirements and documents for a Forex license?
How is the Forex market regulated and who regulates it?
Main regulations of the forex markets are provided by responsible financial or securities market authorities, for example,
FCA (Financial Conduct Authority) in the United Kingdom,
CySEC (Cyprus Securities and Exchange Commission),
MAS (Monetary Authority of Singapore) and
CFTC (Commodities Futures Trading Commission of the USA).
FAQ
What are the taxes for the Forex trading license?
Obtaining a license for brokerage and trading activities is worth considering the peculiarities of taxation in each land. The conditions will be different everywhere. However, in most countries, brokers pay taxes on personal income and corporate taxes if they are registered as legal entities. Contact us in a convenient way for you, and we will advise you in detail about the peculiarities of the tax regime in the selected territory.
What documents are needed to apply for a Forex trading license?
In almost any country, for registration, you will need to provide information about the company (certificates, office address, and website). You also need to confirm the education, work experience, and reputation of the top officials. All licensors are required to develop customer verification and asset protection policies to protect against abuse.
What are the fees for trading permits?
The forex broker license cost and procedure of acquiring depend on the selected country. The most expensive and reputable authorizes are in Switzerland (certified capital – 10 million Swiss francs) and the USA (capital – 20 million dollars).
Countries with category B forex licenses include the United Kingdom and Australia. The minimum capital amount is EUR 125 thousand (excluding customer funds), and the period for acquiring a license usually is about 12 months and will cost from $22,000 to $50,000. For example, the capital amount of forex licenses in the UK is 125,000 EUR.
You can also obtain it in Hong Kong, Singapore, Panama, Latvia, Czech Republic, Estonia, Ireland, Bulgaria, Gibraltar, Mauritius, and many other countries. Such countries as Nevis and Seychelles may be suitable for novice brokers.
How long does it take to get a forex license?
How much does it cost to get a forex license?
A forex license cost in each individual jurisdiction will be completely differently. In fact, it is worth starting with the fact that paying licence fees to the regulator is by no means a major cost. In addition, the company must have significant authorised capital, a legal entity and employees. In addition, it is worth including the cost of legal services to support the project.
Thus the project will depend directly on the chosen jurisdiction and form of licence. If you are interested in a particular licence, we will be happy to advise you on the cost of the licence.
How to Get a Forex Broker's License
For this purpose, it is necessary to decide on the jurisdiction, establish a legal entity, create special legal documentation, fulfil other requirements of the regulator and submit an application to the regulator of the selected country.
Once approved by the regulator, the company is granted a licence.