Asset Protection from Lawsuits. Your information remains confidential Privacy Policy. Get help to the most commonly asked questions about any asset protection or offshore topic. There is reportedly three trillion dollars in foreign exchange trades on a daily basis. The foreign exchange market is where money in one currency is exchanged for another. Licence fluctuation in value between one currency and another can make for a profitable venture. The most lucrative avenue in this industry is to have an offshore Forex license. Although money can certainly be made in forex, the long-term winner is Forex is the broker. The old saying from the California Gold Rush days comes to mind. The key is to be sure that you have a legitimate license. That is where Offshore Company can help. We can help you obtain your own forex trading license. Naturally we recommend that you operate legally, ethically and responsibly. Get and keep continuous legal advice from a knowledge licensed attorney and tax advice from a licensed accountant. Many jurisdictions have stopped licensing in this profitable arena. So, the Internet has been inundated with companies selling artificial licenses. By securing your FX trading license through Offshore Company, you licence feel confident that you are working with a professional and experienced organization and that the documentation is authentic and has been legally and correctly filed. Because of our direct contacts in foreign jurisdictions, we can obtain forex broker licenses with minimal paid up capital. Moreover we can obtain the licenses within a relatively short time. The forex license allows one to conduct business around the globe through the internet. One may also elect to open branches in multiple locations. Our virtual office program may be a good fit for this purpose. The actual trades are conducted through your offshore company. This is to provide for a buffer between you, personally, and your trading business. Obtaining a forex license typically takes weeks depending on government processing times and your speed in providing us with the legally required, yet simple, due diligence. Here is a scholarly research article to give you information that may help you make that decision. Some of the questions are: What is the best location to form a corporation to operate a new Forex business? Where should I get the license? We should say up front that we assist clients in obtaining licenses,including Forex licenses. We have formed literally tens of thousands of corporations worldwide for our clients and have been in business since So, once you get the information the next step is to pick up the phone and call a representative. That being said, we will list five separate categories of jurisdictions and label them A through E. We will consider how difficult it is to obtain a license as well as the forex and the hoops you must jump through to obtain and maintain a license. We consider if you need a physical presence, if you need employees, the reporting requirements, and the reputation of the jurisdiction. Prior to delving in, we should set a framework for the questions that wise prospective Forex broker should ask prior to launching the enterprise. Here are some important considerations: Many jurisdictions have put in place regulations and governmental or private organizations to help protect the public from fraud in the Forex industry. The United States has the CFTC and the NFA. Japan has FSC Japan,for example. We refer to these as Level A jurisdictions. Licence USA and Japan fall into this category. There are extremely strict reporting requirements and customer complaints to regulatory agencies may result in a strong reaction from the regulators. The jurisdictions of Great Britain regulated by the FCA and Australia overseen by ASIC are level B jurisdiction. They have less stringent reporting requirements and less capital is needed in order to launch the enterprise. A physical office presence is required. These countries have regulators that offer a fair amount of protection for Forex brokerage clients. Level C jurisdictions include Cyprus regulated by CySecMalta overseen by MFSA and New Zealand watched over by FSP. A local office is required. There is a low level of reporting and the taxes are quite reasonable. The price and time to obtain the license is about the same as the Level B locations. When registering in these countries and interacting with EU clients, opening a bank account is easier than some of the jurisdictions below. These jurisdictions include Belize and BVI. Between the two, we have seen Belize as the most favorable. These countries do have regulations and license requirements, so you will have a license to show prospective clients and post on your website to gives clients a level of comfort. Speed is a big benefit. The incorporation process takes just a few days the and licensing process takes about months, on average, once you turn in all of the required documentation. This latter amount is not an expense, as cyprus still have access to the forex. A huge advantage is that once you have a license it is much easier to open a corporate bank account for your Forex brokerage. Without a license, we know of few banks that will open a bank account if they find out you are in the Forex brokerage business. In these jurisdictions a Forex license is not required. Nevis, Seychelles and St. Vincent fall in to this group. In about a week and a few thousand dollars you are the proud owner of a new Forex company. The advantages are speed and low cost. The disadvantage is that, with out a license, it limits the number of banks that will open an account for your business if they are aware you are doing Forex. The reason why is that if a client for which you are offering Forex services to be a bad guy whose money is moving through that bank, the bank could be punished by the regulators. They could lose their license, lose the ability to transmit funds in US dollars or Euros, face huge fines, etc. Few banks are willing to take this risk for one account. The good news is that there are still a number banks that will open accounts for an unlicensed forex company, especially if the company engages in other types of business than just forex. With our guidance, we have been able to successfully help people obtain bank accounts for their offshore brokerage business. In this category, we might also place Latvia, and to lesser degrees, Estonia and Lithuania. Forex company registration process takes about two to three months. Opening a bank account is fairly easy, and may, or may not, require travel to the region. Because Latvia is part of the European Union, it has a greater degree of credibility than some of the other jurisdictions. Latvian registration is common among new brokers because it is easier to pull in clients from Europe and Russia. Call the number above on this page and speak with a consultant. They can answer many of the questions you may have. Now, the lawyers insist that we say this, so here you go: We do not give legal or tax advice. That being said, we can offer support to you in a way to get you up and running. After we establish your offshore company for you, we assist you in opening a bank account. The next step is for you to form an association with a bank or large forex broker. Our clients will either have funds that their customers want to exchange for other currencies wired into their offshore company accounts or paid directly to the broker. You keep the spread or your broker pays you a piece of the spread. In order to garner trust from the public, get a license. There is plenty of money to be made in the Forex business. It is one of the more profitable business on the planet compared to the low startup costs in categories D and E. So there is plenty of money cyprus be made long-term for a credible broker with a longstanding reputation. Here is an example of how you make money. Most commonly, as Forex brokerages grow, they obtain licenses higher up in the chain in order to gain greater credibility. There are brokers we have established in Belize who have been in the business for quite some time. In conclusion, if you want credibility, get a license. If you do not have the resources available to you to get a license and want to get into the Forex brokerage business, we can establish a company for you in Nevis along with a bank account. In addition, we offer nominee officers and directors for personal privacy and protection, and virtual office program with mail forwarding and telephone answering services. Again, honesty and integrity are essential factors for being in the Forex business. So, if you want to earn a healthy, honest living with your own Licence brokerage call and speak with a consultant. X Request Free Info Call Us What services are you interested in? Asset Protection from Lawsuits Offshore Company Formation U. Company Formation Offshore Banking Trust Formation Tax Preparation Other. Please Describe your needs: BENEFITS OF OBTAINING A FOREX LICENSE: What Is Included With Your Forex License The registration of the forex license Name check Legal verification Company filing to gain legal protection Preparation and registration of the license application documents Filing and registration with notary and government officials Certification by notary Filing fees Corporate kit and record book Registration and license certificates Board meeting minutes documents Bank account opening resolution Office rent resolution Resolution to choose a company attorney Resolution to choose an accountant Agreement of employment Nondisclosure agreement for employees Noncompete agreement Power of attorney Director registration Shareholder register CD containing business forms Want to Start a Forex Brokerage? In which country will you bas your operations? Most people operate online brokerages. So, you can live in the US, Canada,EU, Australia but operate the brokerage out of Belize, for example. Doing so without a license forex certain jurisdictions could result in some stiff fines and business closure, to say the least. How quickly do you want to start your Forex brokerage? How do you want to process transactions? STP, ECN, Hybrid, Market Maker How important is the jurisdiction to secure and maintain clients? Which bank will you use to establish the corporate bank account? How much cash do you have available? Cyprus answers to above questions can help you decide which jurisdiction to choose. Level A Forex Jurisdictions The USA and Japan fall into this category. Level B Forex Jurisdictions The jurisdictions of Great Britain regulated by the FCA and Australia overseen by ASIC are level B jurisdiction. Level C Forex Jurisdictions These countries have regulators that offer a fair amount of protection for Forex brokerage clients. Level D Forex Jurisdictions These jurisdictions include Belize and BVI. What Do I Do Now? So, What Is the Conclusion? Vincent are also used but are less favorable cyprus our experience. It costs times more, or much greater, to register in countries in levels A-C. Levels A-C require a local office presence and local taxes. It takes an average of 6 months to obtain a license in categories A-D. Offshore Services Offshore banking Swiss Bank Accounts Privecy Program Asset Protection Trust Offshore News. Top Jurisdictions Offshore Companies Offshore Trusts.
Margaret Lea loves books more than people, and so the world of a quaint old bookshop of old leather tomes that one picks up only with gloved hands suits her just so.
But just like the ending the nature around them ends as dark and gloomy.
Margaret Lea loves books more than people, and so the world of a quaint old bookshop of old leather tomes that one picks up only with gloved hands suits her just so.