Forex license
Forex global market daily trading volume is over 6.3€ trillion. Worth fighting for a slice?
Select jurisdictionWhy Forex
The license is one of the determining criteria for traders when choosing a Forex broker.
Forex global market daily trading volume is over 6.3€ trillion.
Why we
Our company based in Estonia and licened in a field of Service of trust funds and companies. So, at least, we know what we are doing.
We offer not just a company registration, but an end-to-end business solution, including reliable members of the board, accountants and bank accounts. All for a fixed, transparent, periodical fee.
Our many years of experience in providing AML specialists and other personnel for crypto-licensed companies, speaks of the high quality of the service we provide.
As well as confidence in how to set up the work of the company, including hired staff on the board and safe work with bank accounts for the beneficiary.
Choose jurisdiction
Seychelles
License name
Securities dealer license
Activity
Permitted Activities
- Securities Market Making
- Securities Brokerage
- Securities Dealing
- Investment Advisory
- Portfolio Management
- Primary Equities
- Primary Debt Instruments
- Derivative Instruments:
- futures
- options
- forwards
- contracts
- CFDs
- Swaps
- Equities
- Bonds
- Metals
- Commodities
- Currencies including cryptocurrency
Authorized capital
The current prescribed minimum issued and paid up capital required is 50,000$.
Members of the board
The licensee will need at least 2 natural person directors of any jurisdiction
Shareholders
The licensee will need at least 2 shareholders and a corporate shareholding is allowed.
Other requirements
A local office in Seychelles
Mauritius
License name
Investment Dealer License
Activity
Permitted Activities
- Act as an intermediary in the execution of securities transactions for clients
- Trade in securities as principal with the intention of reselling these securities to the public
- Underwrite or distribute securities on behalf of an issuer or a holder of securities (if this option is chosen)
- Give investment advice which is ancillary to the normal course of his business activities
- Manage portfolios of clients
- Keeping, investing and managing money, securities and investment portfolios on behalf of third parties.
- Shares or stocks in the share capital of a company, whether incorporated in Mauritius or elsewhere, other than a collective investment scheme.
- Debentures, debenture stock, loan stock, bonds, convertible bonds or other similar instruments.
- Rights warrants, options or interests in respect of securities
- Treasury bills, loan stock, bonds and other instruments creating or acknowledging indebtedness and issued by or on behalf of or guaranteed by the Government of the Republic of Mauritius or the government of another country, a local authority
- Shares in, securities of, or rights to participate in, a collective investment scheme.
- Depository receipts or similar instruments.
- Options, futures, forwards and other derivatives whether on securities or commodities.
- Any other transferable securities, interests or assets as may be approved by the Commission.
Authorized capital
-
Members of the board
A minimum of 2 local directors are required for GBC, 1 holding a special license such an Investment dealer license
Shareholders
The licensee will need at least 2 shareholders and a corporate shareholding is allowed.
Other requirements
A local office in Mauritius
MLRO and DMLRO in Mauritius
Labuan
License name
Money Broking License
Activity
Permissible Money Broking Activities
- Bring together the counterparties on mutually acceptable terms for the same financial products in money or foreign exchange market to facilitate the conclusion of a transaction
- Receive payment for its service in the form of brokerage or commission fees. The fees charged must be adequate and appropriate;
- Act as a mediator and strictly not permitted to act as a principal
Authorized capital
To maintain a paid-up capital of at least RM150,000 equivalent in any foreign currency throughout its operations.
Members of the board
A minimum of 2 directors from any nationality
Shareholders
Members of the board A minimum of 2 directors from any nationality
Other requirements
Maintain an office in Labuan at all times with a minimum of two staffs and to ensure an annual operating expenditure of RM100,000 in Labuan
Vanuatu
License name
Securities Dealer License
Activity
Class A: carry on or purport to carry on the business of dealing in any of the following securities:
- Debenture stocks;
- Loan stock, bonds;
- Certificate of deposit;
- Proceeds of foreign Exchange.
- Shares in share capital of a corporation;
- Proceeds of precious metals;
- Proceeds of commodities;
- A right under despite whether or not conferred by warrant;
- Subscribe for shares of debt securities;
- A right under depository receipts;
- An option to acquire or dispose of any security
- A right under a contract for the acquisition of securities
Authorized capital
The capital required is 50,000$
Members of the board
The licensee will need at least 1 natural person Director of any jurisdiction
Shareholders
The licensee will need at least 1 natural person Director of any jurisdiction
Other requirements
-
Comoros
License name
International Brokerage & Clearing House License
Activity
Permitted Activities
- Stock Brokerage
- Securities Brokerage
- Financial Advisory
- Asset Management
- Fund Management
- Custody Services
- Transaction Clearing
- Payment Processing
- Currency Trading (FOREX)
- Issuance of Securities
Authorized capital
Capital requirement of 300,000€ to be shown on paper, no proof required.
Members of the board
At least 1 director
Shareholders
Minimum of 1 shareholder
Other requirements
-
Dubai
License name
DIFC Category 3A License
Activity
Permitted ActivitiesDealing in Investments as Principal (Not as matched principal)
Authorized capital
Min AED 50,000
Members of the board
-
Shareholders
-
Other requirements
A local office in DIFC
Kenya
Forex Broker License (Online Foreign Exchange Broker License)
Setup fee:
40,000€
Kenya
License name
Forex Broker License (Online Foreign Exchange Broker License)
Activity
A dealing online foreign exchange broker may trade as principal and market maker. An online foreign exchange broker shall not offer for trading: currency pairs involving the Kenya shilling and binary options.
Authorized capital
Minimum capital of KES 30,000,000
Members of the board
Minimum of 3 directors
Shareholders
Minimum of 4 shareholders
Other requirements
A local office is required
South Africa
License name
Financial Service Provider License
Activity
Render intermediary services in respect of financial products such as securities and instruments including shares, debentures, foreign currency deposits etc. Also do bulking*.
* Bulking - is the ability and certification to aggregate client funds when buying or investing in financial instruments.
Authorized capital
The FSP shall maintain current assets which are at least sufficient to meet current liabilities.
Members of the board
Minimum one fit and proper director (can be only natural persons) - no restrictions on residence/nationality
Shareholders
Minimum one shareholder (can be legal entities or natural persons) - no restrictions or residence/nationality
Other requirements
A fit and proper Compliance Officer (must be a resident)
Cayman Islands
Securities Investment Business License (SIBL)
Setup fee:
40,000€
Cayman Islands
License name
Securities Investment Business License (SIBL)
Activity
Permitted Activities
- Deal in securities;
- Arrange deals in securities.
- Manage securities.
- Advise on securities.
- Shares and Units
- Options
- Instruments creating or acknowledging indebtedness
- Futures
- Contracts for Differences (CFDs)
Authorized capital
SIBL licensees are required to meet base financial resource requirements. In the case of broker dealers, market makers and securities managers, the base financial resource requirement is CI$100,000 and in the case of all other licensees, the requirement is CI$15,000
Members of the board
A licensee which is a company or a corporate general partner of a limited partnership is required to have at least two directors
Shareholders
The licensee will need at least 2 shareholders and corporate shareholding is allowed.
Other requirements
-
Bermuda
License name
Investment Business License
Activity
Permitted Activities
- Buying, selling, subscribing for, or underwriting, investments, or offering or agreeing to do so, either as principal or agent.
- Managing or offering, or agreeing to manage, assets belonging to another person where those assets consist of or include investments.
- Giving or offering, or agreeing to give, to persons in their capacity as clients or potential clients, advice on the merits of their purchasing, selling, subscribing for or underwriting an investment, or exercising any right conferred by an investment to acquire, dispose of, underwrite or convert an investment.
- Safeguarding and administering or arranging for the safeguarding and administration of assets belonging to another
- Shares
- Debentures
- Instruments Giving Entitlement to Investments
- Units in Collective Investment and Schemes.
- Certificates Representing Investments
- Options
- Futures
- Interests in a Partnership
- Contracts for Differences
Authorized capital
Capital requirement of USD 250,000
Members of the board
Minimum of 3 directors required with 1 being local
Shareholders
-
Other requirements
A local office in Bermuda is required
Speak with attorney
Submit an applicationWe are online, write to us
Telegram
WhatsApp
+372 58854563
contact@diamont.ee
Rotermanni 6, 10111, Tallinn, Estonia
Services included
Legal entity
Legal entity in a corresponding form. Private persons or another company may be registered as shareholders.
Forex license
End-to-end legal support for obtaining a fx-license.
State fee
Company registration state fee is included. License application fee is included.
AML/KYC document
Internal control system document for ensuring compliance with the control requirements of AML/CFT and international Sanctions.
Corporate documents
Incorporation documents, including information about members of the board and shareholders. License status document.
Legal address
Legal address for a period of 12 months.
12 months
Bookkeeping
Bookkeeping service for a period for 1 month.
1 months
Initial consultation
Initial consultation regarding the best practices within license and taxes.
Order a lawyer's consultation
Submit an application
Extra services
AML specialist
AML specialist. Person with experience in financial sector and corresponding education.
3 months
7,500€
6 months
12,000€
12 months
18,000€
Member of the board
Member of the board. Person with experience in financial sector and corresponding education.
3 months
7,500€
6 months
12,000€
12 months
18,000€
Office
Local physical office. Office meets all crypto-license requirements.
3 months
900€
6 months
1,500€
12 months
2,400€
Audit
Financial audit by sworn auditor.
Price:
3,000€
Bookkeeping
Bookkeeping service.
3 months
900€
6 months
1,440€
12 months
2,400€
Consultation
Additional consultation regarding the best practices in crypto-related activity and taxes.
1 hour
200€
3 hours
450€
10 hours
1,250€
How is the creation of a Forex license
Shareholder is a private person
Shareholder is a foreign legal entity
Shareholder is a private person
01
Prepayment
We issue an invoice, and you make a 50% prepayment + pay for all chosen additional services in full.
02
Documents from your side
From shareholder
01 Copy of passport main page, notarized;
02 Power of attorney, notarized and sworn-translated into english (we will provide you a template);
03 Proof of residential address;
04 Certificate of a good conduct.
Other
01 Description of the planned business activity.
03
Neccesary preparations
Our lawyers make all the preparations:
01 Ensure proposed company name is available to register
02 Establish a legal entity (Seychelles) with a desired name
03 Assign a legal address to a company
04 Write an Internal Control System document*
05 Fill all the neccesary forms, required for a license application
* Internal Control System document - is a core document for license application. It regulates how you ensure compliance with the control requirements of AML/CFT and International Sanctions.
04
You pay the rest 50% at this point
We issue an invoice and you pay the remaining 50%
05
Finishing touches
01 We assign to company a valid AML officer
02 Onboard members of the board
03 Open a corporate bank account in EU payment institution
04 Rent a physical office for your company, if it is required
06
Share capital increase
Share capital must be contributed in the amount specified for your type of license.
07
Application submission
We submit an application to a corresponding department.
08
License issuance
If there was no indication of deficiencies, the license is granted.
All indicated time frames are illustrative. The timing may depend on many factors, such as but not limited to: the number of public holidays, the time of delivery by courier, the workload of government departments. We do not take responsibility for the delays beyond our control.
Shareholder is a foreign legal entity
01
Prepayment
We issue an invoice, and you make a 50% prepayment + pay for all chosen additional services in full.
02
Documents from your side
From company that will hold shares
01 Incorporational documents, including those, where members of the board and shareholders are specified (notarized and sworn-translated into english);
02 Articles of Association, notarized and sworn-translated into english.
From member of the board of the company that will hold shares, who have a full representation right
01 Copy of passport main page, notarized;
02 Power of attorney, notarized and sworn-translated into english (we will provide you a template).
Other
01 Description of the planned business activity.
03
Neccesary preparations
Our lawyers make all the preparations:
01 Ensure proposed company name is available to register
02 Establish a legal entity in Seychelles with a desired name
03 Assign a legal address to a company
04 Write an Internal Control System document*
05 Fill all the neccesary forms, required for a license application
* Internal Control System document - is a core document for license application. It regulates how you ensure compliance with the control requirements of AML/CFT and International Sanctions.
04
You pay the rest 50% at this point
We issue an invoice and you pay the remaining 50%
05
Finishing touches
01 We assign to company a valid AML officer
02 Onboard members of the board
03 Open a corporate bank account in EU payment institution
04 Rent a physical office for your company, if it is required
06
Share capital increase
Share capital must be contributed in the amount specified for your type of license.
07
Application submission
We submit an application to a corresponding department.
08
License issuance
If there was no indication of deficiencies, the license is granted.
All indicated time frames are illustrative. The timing may depend on many factors, such as but not limited to: the number of public holidays, the time of delivery by courier, the workload of government departments. We do not take responsibility for the delays beyond our control.
Ready-made companies
Dont want to wait? Buy the ready-made company already with license.
Bitinterpay OÜ, active business (2018)
Providing a virtual currency services
#FVT000343
250,000€
ICBtransfer OÜ (2020)
Providing a virtual currency services
#FVT000056
150,000€
MobyM Fo Ltd (Seychelles, 2022)
Organization of financial processing, forex, gambling, sport betting
250,000€
Speak with attorney
Submit an applicationWe are online, write to us
Telegram
WhatsApp
+372 58854563
contact@diamont.ee
Rotermanni 6, 10111, Tallinn, Estonia
×
Contact our lawyer for advice
We are online, write to us
Telegram
WhatsApp
+372 58854563
contact@diamont.ee
Rotermanni 6, 10111, Tallinn, Estonia
×
Contact our lawyer for advice
We are online, write to us
Telegram
WhatsApp
+372 58854563
contact@diamont.ee
Rotermanni 6, 10111, Tallinn, Estonia