Forex Incorporation

Why is foreign exchange licence indispensable?

In 2019, there were vast opportunities for foreign exchange trades in China and Peer to Peer (P2P), domestic commodities market, private equity, P2P and other institutions have shifted their discourse to focus on the foreign exchange market. Along with it also came rising illegal underground forex trading crimes such as the use of unregulated underground …

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Everything You Need to Know About Offshore Forex Licence – Myths and Facts

For years, many of our clients have faced challenging situations that their previous providers have placed them in. Some of the common issues include getting their funds blocked, accounts being frozen, licence application that took 2 years or longer, and incorporated entities intended for brokerages rendered useless due to banking issues. This illustrates a few …

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The Bahamas – What makes it attractive as an offshore financial jurisdiction

The Commonwealth of the Bahamas is located in the West Indies, southeast of the US state of Florida, and is made up of more than 700 islands. The young country, having gained independence from the United Kingdom in 1973, is one of the richest countries in the Americas, just behind Americas and Canada, and gained …

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5 Key Considerations – Costs to start a Forex Brokerage

Launching a Forex (FX) brokerage is an exciting business opportunity, but as with any business, important aspects such as the forex brokerage business plan, business registration, and the types of trading instruments offered needs to be considered. As a new entrant to the forex market, you have the option of building your brokerage from scratch …

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EU vs Offshore Forex Licence

The foreign exchange (forex) market is decentralized and without a central trading floor. However, that does not mean that it is not regulated. Congruent to other financial markets regulation like banking, insurance, and equities, countries are continually revising and tightening forex rules to close any loopholes. In the sections below, this article will seek to …

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