Search


How RootAnt Makes brokerage in China Easier

Doing **brokerage business in China** can be a serious challenge for international companies. Due to the fact that the market is closed, it is hard to follow all legal requirements and at the same time earn traders’ trust. Trading platform **RootAnt** is now one of the best services that allows international financial institutions localize in China. It is a combination of services for broke...

Path: Blog
Comoros International brokerage and Clearing House License

In order to apply for a license the applicant must first establish an International Business Company (IBC) in Comoros. This process takes approximately 48 hours from receipt of the relevant documentation.Timeframe: 10 business days Minimum paid up capital: no capital requirements Overview In order to apply for a license the applicant must first establish an International Business ...

Path: Licensing
Vanuatu Dealer's in Securities License

Vanuatu is a great place for launching forex brokerage company due to its low capital requirements and variety of tax benefits.Incorporation & obtaining license: 4-6 months Minimum paid up capital: No minimum capital requirement.  Instead, government bond of approx. USD 50 000 is used. Overview Vanuatu, officially the Republic of Vanuatu, is an archipelago in the S...

Path: Licensing
Cook Islands Money Changing-Remittance License

Cook Islands offers three types of licenses for international companies with different business activities. Combined license is the one to be chosen if you wish to conduct Forex brokerage business.Timeframe: IBC incorporation – within 4 weeks  License application and approval from the Financial Supervisory Authority – 5-6 months Minimum capital requirement: The Act does...

Path: Licensing
Xi Jinping’s vision of “New Era” includes Forex Industry to focus on China

...rmous trading volumes, currently, China stands out as the forthcoming homeland for **retail Forex**. Introducing brokers operate the vast managed accounts, therefore, a very definitive format now is conduction of business between Western service and brokerage providers on one side and the key introducing partners and brokers in China on the other side. Furthermore, Xi Jinping accentuated endors...

Path: Blog
India is up to Classifying Crypto-Exchanges as e-Commerce Platforms

...pted, all the crypto-exchanges operating in India will be obliged to register themselves according to the GST regime. Moreover, the rumors state that authorities might classify crypto-exchanges into three categories: Those acting as facilitators, brokerages that allow buying and selling, and trading platforms, providing users with trading interface. Another initiative discussed is to classify...

Path: Blog
Bulgaria Forex License

...ategic location, allowing investors to access the entire EU and the markets of central and Eastern Europe. Bulgaria has a predictable and stable economy and government, and boasts the lowest corporation tax in the EU at only 10%. In order to provide brokerage services it is required to become an Investment Intermediary regulated by the Financial Supervision Commission of Bulgaria.Incorporation &am...

Path: Licensing
Euro Pacific Bank Account Opening

Euro Pacific Bank is an international financial group in the banking, brokerage, mutual fund and financial services industries, headquartered in Puerto Rico.Account opening: 7-14 working days Overview: Euro Pacific Bank differentiates itself through a unique banking model. Many of the traditional banking services (mortgages, car loans, credit cards, trade finance etc.) are...

Path: Banks
Euro Pacific Bank Account Opening

Euro Pacific Bank is an international financial group in the banking, brokerage, mutual fund and financial services industries, headquartered in Puerto Rico.Account opening: 7-14 working days Overview: Euro Pacific Bank differentiates itself through a unique banking model. Many of the traditional banking services (mortgages, car loans, credit cards, trade finance etc.) are...

Path: Banks
China Bans Popular FX Broker Services

...y if they are licensed by the government. All website traffic is thoroughly monitored and the commercial activities are controlled by the governmental authorities. In November, the information was leaked regarding the new website bans. Popular FX brokerage websites were blocked whilst they were not Chinese. For example, such services as FXCM, FxPro, Aetos, XM and other. The main aim of the gove...

Path: Blog
Vanuatu is Willing to Move Its Financial Dealers Onshore

...’, establishing four license categories: FX deliverable and debt instruments (Cat. A); corporate shares, precious metals or commodities (Cat. B); futures contracts and derivative products (Cat. C); and digital assets (Cat. D.). The last is for the brokerage of digital assets, not their issuance, Initial Coin Offerings will not be authorized. Since the end of October, brokers can apply for lic...

Path: Blog
How to Get a Crypto License in 2024

... A crypto broker license permits an entity to act as an intermediary between buyers and sellers of cryptocurrencies. Brokers facilitate transactions and often provide advisory services, making this license essential for those looking to operate in a brokerage capacity. Crypto Custody License A crypto custody license allows a business to provide secure storage and management of digital assets on ...

Path: Blog
ASIC’s strengthens consumer protections by reducing CFD leverage

...ons with protections in other comparable markets elsewhere. New changes were not well taken by brokers. The biggest disappointment has been decision to limit how much leverage they can offer to their customers. From 29 March 2021, regulated Forex brokerage companies are forced to limit the leverage they offer to a maximum of 30:1. ASIC’s product intervention order will also restrict CFD le...

Path: Blog
First Digital Securities Exchange Approved by Financial Conduct Authority

...Facility (MTF) permissions, which allow Archax to operate the first ever regulated digital securities marketplace in London; CASS custody permissions to allow Archax to offer a regulated custody service for digital assets as well as client cash; and brokerage permissions to allow Archax to face off to the widest range of participants. This FCA authorisation was introduced earlier this year- fr...

Path: Blog
How Brokers in China Feel After the Website Blocks

...cement, foreign trading platforms providing services to Chinese citizens are outlaw and they have to be shut down. On the contrary, the financial experts claim that this announcement is a fiction and has no real legal basis for now. This is why most brokerage services changed certificate options and restored access to platforms within hours after bans. Unfortunately, it is not a panacea and mos...

Path: Blog
Too old for trading

...vernment authorities and where financial culture is at a high level. We all have repeatedly faced different prohibitions and restrictions regarding the minimum age requirement to open an account with any financial services company, including a Forex brokerage, hardly anyone dares to discuss the upper age restriction when it comes to trading or investment. The are a lot of factors which contributed...

Path: Blog
Mauritius Global Business Category 1 (GBC1)

...levant. **GBC 1 formation having the highest level of confidentiality under local law and no information regarding its shareholding, accounts or other operations are publicly available.** GBC 1 company allow you to conduct Forex activities (money brokerage). As you may know, forex is tightly regulated by government authorities across the globe. It is getting more and more difficult for broking ...

Path: Blog
Singapore clarified new requirements for digital advisors

... financial advisory services under the respective Acts.**The type of license directly depends on the operating model of the digital advisor. Usually digital consultants help clients to pass their buy or sell orders (e.g. CIS, bonds and stocks) to brokerage firms for execution. Taking of such orders to brokerage firms for execution forms dealing in capital markets products under the Singaporean ...

Path: Blog
Japan's Financial Services Agency is ready to approve crypto exchange-traded funds (ETFs)

...gree with this idea. ETFs remain very important for many in the crypto industry who believe that exchange-traded funds might grant crypto products more authority in the eyes of investors, when making them more available to those who previously had a brokerage account. In the U.S., certain number of individuals are preparing to initiate such crypto products, although the SEC (Securities and Exch...

Path: Blog
FINRA grants extended deadlines for companies to report their crypto activities

Last year, **the U.S. Financial Industry Regulatory Authority (FINRA), a self-regulatory body for brokerages and exchanges within the country requested its members to report on their involvement with crypto.** FINRA has recently extended its deadline for firms to report their involvement in crypto activities. It is presumed, that this was made due to the last week’s commotion over Facebook...

Path: Blog
CySEC has expanded its authority

*Now, having received new level of authority, the regulator will be able to thoroughly ‘clean up’ the brokerage industry in Cyprus.* The Cyprus Financial Regulator, the Securities and Exchange Commission (CySEC), has just announced that it has significantly expanded its legal authority. In accordance with the new regulations, **CySEC will be able to control the country’s financial sector...

Path: Blog
New Legal Framework for Forex Brokers in Saint Vincent and the Grenadines

...enadines is not major country that comes to mind when somebody talks about foreign exchanges, but there appears to be a growing trend where a number of companies are being established for the purpose of carrying out the business of forex Trading and brokerage and other related activities in SVG, therefore, in SVG might be some big changes coming in terms of regulation. In recent months, rumors...

Path: Blog
TECHNICAL SOLUTIONS

... complience verification Reasonable monthly payments and commissions White Label Technical Solution for Broker Companies OffshoreLicense LTD offers an excellent solution for those who are looking for an opportunity to start their own brokerage business. White Label is the MetaTrader 4/5 terminal with your company name and logo connected through API to trading servers. Possibility t...

Path: Additional
Account Opening in Bank of Cyprus

... shares across all businesses.Account opening: 7-14 working days Overview: The Bank provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Bank has 129 branches, of which 123 are in Cyprus, 1 in Roman...

Path: Banks
Account Opening in Bank of Cyprus

... shares across all businesses.Account opening: 7-14 working days Overview: The Bank provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Bank has 129 branches, of which 123 are in Cyprus, 1 in Roman...

Path: Banks
Authorised Company in Mauritius

...bsp;from Latin alphabet Names Requiring Consent or a Licence: Bank, buildings society, insurance, assurance, reinsurance, funds, trust, trustees, finance, savings, royal, asset management, foundation, municipal, chartered, healthcare, gaming, brokerage, broker, forex, lease, leasing, pharmaceutical N.B. Company name is restricted to be identical or similar that of an existing com...

Path: Companies
Cyprus Limited Liability Company Formation

...name must end with such suffix or it’s abbreviation: Limited Restricted names: Any word that the Registrar considers undesirable Names Requiring Consent or a Licence: Asset Management, Asset Manager, Assurance, Bank, Banking, Broker (s) / brokerage, Capital, Credit, Currency (ies), Custodian(s), Custody, Dealer(s), Dealing, Deposit(s), Derivative (s), Exchange, Fiduciary (ies), Finance,...

Path: Companies
Seychelles International Business Company (IBC) Formation

...ng Consent or a Licence: Bank, Insurance, Assurance, Re-Insurance, Trusts, Trustee, Savings, Royal, Asset Management, Funds, Foundation, Building Society, Municipal, Chartered, Finance, Healthcare, Pharmaceutical, Leasing, Lease, Forex, Broker, brokerage, Gaming N.B. Restricted connections for company name: name of state, national or local government. Any name that implies illega...

Path: Companies
Belize Forex License

...so be a legal person) Confidentiality Beneficial owners' details – Disclosed with court decision Shareholders' details – Not part of public record Directors' details – Not part of public record Taxation 0% - Belize Forex brokerage companies are exempt from the Belize local taxes on income derived outside of Belize Other benefits Belize tends not to disclose it...

Path: Licensing
British Virgin Islands Forex License

...of companies, limited partnerships, intellectual property and ships. The BVI FSC licenses and authorizes companies by issuing Securities and Investment License which enables them to operate financial service business. As regards to the Securities brokerage or Forex Authorisation expenses are comparatively low and the whole process is straightforward. Since 2010 there are implemented regulati...

Path: Licensing
Cayman Islands Securities Investment Business License

...ulated thus having very positive reputation among investors.Timeframe: around 6 months Minimum paid up capital: KYD 100,000 (>USD 121,000) Overview The company incorporated in Cayman Islands that wishes to conduct brokerage business is required to hold a license granted by Cayman Islands Monetary Authority (CIMA). Investment activities are regulated by the Secur...

Path: Licensing