Ease in the setup,
Efficiency or speed in setting up, and
The ability to run your Forex business
There are several jurisdictions available that may suit your needs, Elite Markets will be able to guide you through your options, whether you are looking for an offshore company solution with tax and privacy incentives or an onshore company solution for increased reputation and flexibility.
Your Elite Markets representative will be able to assist you in your initial enquiry until the completion of your Company and the delivery of your original documentation.
For your newly established Brokerage, this stage is one of the most important and strategic decisions you will need to make in the life-cycle of your brokerage. Is it the right time for Licensing?The very first question that should be asked and dealt with, is the following; is this the right time for me, under my current situation to seek a Forex trading license, and if so which license? In which jurisdiction?
There are many different options in the World today that offer licensing for Forex. When selecting the appropriate option for your brokerage you need to address several different concerns; such as:
The location of your clientele
The cost and requirements of setting up
The cost and requirements of maintaining your operation
The ability to passport into different jurisdictions
The ability to expand your operations
The location of the jurisdiction and ease of access to your place of origin
The availability of good local support
The reputation of the jurisdiction
The banking and payment solutions as well as marketing alternatives that will be available as a direct result of the license
Bulgaria, MiFID Regulation. The Bulgarian Financial Supervision Commission FSC
Cyprus, CySEC Regulation, MiFID
Malta, MFSA Regulation, MiFID
United Kingdom, FCA
New Zealand FSP and FMA
Australia ASIC
Belize, International Financial Services Commission, FSC
Seychelles, Seychelles Financial Services Authority, FSA
British Virgin Islands (BVI), FSC
Labuan, Financial Services Authority, FSA
Vanuatu, Financial Services Commission, FSC