Remote location, very well equipped with corporate infrastructure, banks, lawyers and accountants. The Vanuatu financial services commission (VFSC) is the entity responsible for regulating and supervising the financial industry in the country.
Broker must incorporate as a Vanuatu international company in order to apply for a Vanuatu Forex license. Infrastructure and strict confidentiality for offshore companies combined make Vanuatu quite an interesting location for starting a brokerage.
Complete set up for an unregulated Forex company in st. Vincent and Grenadines island.
Efficient and affordable solutions available to start a Forex brokerage company from the broker’s point of view. Stable, independent and politically free jurisdiction by the organization for economic co-operation and development. Most proffered taxation structures within members of British commonwealth, united nations (UN), international labor organization (ILO) and organization of eastern Caribbean states (OECS).
Complete package including all the mandatory requirements for a successful forex company formation and renewal with Malta financial service association.
A stable and advanced economy, regarded as one of the strongest financial centers in the world. Forming a broker company in Malta offers you numerous benefits ranging from having a broker license issued by a well-recognized regulatory body, to acquiring favorable taxation.
Minimum one shareholding applicant must already be regulated in the provision of financial services to MFSA satisfactory level
Minimum capital requirements: €730,000
Complete package services provided with all mandatory requirements that are crucial for a full registration and renewal with the FCA insuring compliance procedure are set with regulatory body
Establish a brokerage in the united kingdom (via financial conduct authority, London). Providing and advising every step needed to maintain and sustain your brokerage.
London is regarded as one of strongest in fields of foreign investments and hedge funds
FCA, London has regulated highest Forex brokers who are duly authorized with FCA broker license
One of toughest and strongest regulatory procedure to obtain Forex license
Tax rate system:individual tax system starts from 20% / corporate tax is just 20%
United kingdom is the highest contributor in the Forex trading market with $2.6 trillion a day
Complete package services provided with all mandatory requirements that are crucial for a full registration and renewal with the FCA insuring compliance procedure are set with regulatory body
Establish a brokerage company via securities and future commission, Hong Kong.Providing and advising every step needed to maintain and sustain your brokerage.
Hong Kong is consistently regarded as one of the best countries in the world to open up the business due to the high amount of business-friendly policies and has the highest number of foreign companies in the world
Due to which FDI business is at its peak right now in Hong Kong
Tax rate system: individual tax system begins at 2% / tax 16.5%
Complete package services provided with all mandatory requirements that are crucial for a full registration and renewal with CYSEC insuring compliance procedure are set with regulatory body
one of very few highly regulated governing bodies in the Forex industry. Well-governed and most respected jurisdiction to start a financial business, which has very strict government rules and regulation, laid by authorities of CYSEC. The CYSEC broker license gives you the reliability and safety among the European jurisdiction.
Profits, interest, dividends, capital gains and any other related gains arising from disposal of shares in such investments can be freely remitted overseas without any restriction
physical office in Cyprus is mandatory. REQUIRED AT LEAST 2 executive directors and 2 non-executive directors IN company structure. DIRECTORS/NON-DIRECTORS must be domiciled in Cyprus
REQUIRED 2-3 people based in Cyprus THAT can work at BROKERS Cypriot office. Usually,are 1 executive director, accountant/ compliance/back office personEL
COMPLETE package services PROVIDED with all mandatory requirements that are crucial for a FULL registration and renewal with CYSEC INSURING compliance procedure ARE SET WITH regulatory body
Bulgaria is a full member of EU which is controlled and regulated by Financial Supervision Commission (FSC). The licensed organizations are bound to follow rules and regulation set by them from time to time. Apart from the EU Regulators, Bulgaria has some other advantages which create an attraction for many Forex brokerages and makes it a popular choice.
strategic location PROVIDING ADVANCED opportunity for investors ENABLING access TO entire EU and the markets of Central and Eastern Europe
Different tax rate systems: Corporate and Individual Tax: 10% / Dividend Tax: 5% / VAT: 20%
COMPLETE package services PROVIDED with all mandatory requirements that are crucial for a FULL registration and renewal with the FCA INSURING compliance procedure ARE SET WITH regulatory body
get approved by BVI Financial Services Commission, carrying out all the financial service activities including banking, investment services, insolvency and insurance business.
BVI Forex Broker Licenses are valuable regulators for many brokers. All the business registered under BVI FSC needs to abide by all their norms according to Securities and Investment Business Act, 2010. Even though a new Broker who is regulated under BVI FSC and has specific laws and regulations which are relatively new to the financial activity.
Basic requirements (SIBA):
Minimum required 2 directors. ANY NATIONALITY
PREPARE annual audited financial statements (appoint auditor)
Maintain adequate capital resources to conduct business (No minimum REQUIRED BY SIBA. (DONE case-by-case basis).
appoint a compliance officer and submit a compliance manual (mandatory approved by BVI FSC or apply for an exemption
Maintain Professional Indemnity Insurance (PII) or to APPLY A detailed self-exemption to PII
IFSC, Belize is a regulatory body holding responsibilities of issuing, renewing and regulating Forex Brokerage Companies in Belize jurisdiction. Belize is relatively cost effective and less time consuming than other jurisdictions and hence, considered as Forex licensing hub.
APEXUM ASSISTS YOU in every step of the way to ensure your integrity and confidence during Belize Forex Company Formation. Our complete package satisfies all the mandatory requirements of successful registration of Belize Brokerage Company and in-depth compliance with the IFSC (Belize).
Belize IBC is not subject to any taxes in Belize regardless of source of generated INCOME.
Provides protection against fatuous lawsuits separating ownership from individual liability
Directors or shareholders do not require filing their personal information on public record. An IBC register of shareholders is available for inspection only by shareholders or by order of the Belize Courts at the request of any shareholder
Public filing requirement includes a Memorandum (MOA) and Articles of Association (AOA) only
It is necessary to have a medium that is secured, efficient, reliable and easily accessible anytime, one option to this medium is a bank, to operate legally in a regulated jurisdiction, you need to have a bank account with a local or international bank. Apexum establishes your bank account that satisfies all your transnational needs. Helping brokers open bank account through experienced and professional legal coordinators, Apexum will be with you every step of the way to maintain the integrity of the process.
Apexum establishes your bank account that satisfies all your transnational needs. Helping brokers open bank account through experienced and professional legal coordinators, Apexum will be with you every step of the way to maintain the integrity of the process.
Merchant accounts that suits the requirements of all the major regulatory agencies, relieving a significant burden for a new company, and easing the transition for an existing company changing its regulations.
Streamlining the special requirements and needs of unregulated companies and provide in depth services to help brokers with their banking needs.
Apexums multi-connections and expertise can suit smaller companies seeking lower fees and efficient service.
Apexum helps ensure efficient, secure, transparent international payment processing. Whether a broker is seeking to operate financially offline, online or mobile, any financial transfer can be processed through Apexums merchant account with high grade security and compliance, regardless of the company’s size. In addition to large scale commercial chains and medium-sized companies, we also cater to smaller organizations seeking confident services such as risk management or support.
Apexum supports any business models and processes desired within a broker, providing multiple jurisdiction and currency specific features to suite any financial industry worldwide. Apexum develops a solution that is tailored to specific needs, fulfills the highest standards of security, a PSP which is economical and can be integrated seamlessly. Apexum offers a broad spectrum of credit card acceptance contracts, banking services and innovative prepaid products.
Connected to over 350 acquiring banks and PSP worldwide. Apexum operates all on-boarding procedures, allowing brokers to operate payments reliably and efficiently.
Built to operate and maintain entire payment strategy, multiple integration, platforms and PSP’s with a supportive back office system
Pre-integrated API with multiple local and global payment methods and technology, allowing a broker to accommodate traders payment preferences by Geo-location and language.
PCI DSS secured payment gateway portal, fully built to your brand’s design and user experience, thanks to Apexums flexible technology.
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
Note: Ad-hoc additional documents may be requested from any authority or institution during the process
October 17, 2016
A White Label partnership program is one type of cooperation that a forex broker is willing to make with other parties interested in joining the forex brokerage business. Both parties have a strong interest in developing such a cooperation: the broker will extend its business as the White Label will look for its own clients, while the White Label will benefit from low setup costs and take advantage from the broker’s know-how.
Not all White Label programs are the same, though, as they differentiate based on the elements that are being offered by the primary broker. To be more exact, depending on what the role of the primary broker will be, there are two types of White Label partnership programs: Full White Label and Partial White Label.
A Full White Label means that the one that engages in such a program will basically run the business as a normal brokerage house: run its own trading platform, dealing with opening client’s accounts, deposits, withdrawals, has its own spreads and commissions, and even its own branding.
In this case, the primary broker is making sure all the infrastructure needed is in place and will provide the White Label all the assistance needed. The primary broker gains a fee from the process, and such a fee depends very much on the original agreement: it can be a flat fee or one based on future volume activity, etc.
Some brokers offer Full White Label solutions at zero costs, the idea behind being that by the time the new brokerage will increase its business activity, it will start paying the primary broker. In such instances, the primary broker offers customizable back-office solutions, and also margin requirements that work for the new brokerage house.
Under a Partial White Label, specific things like account management functions (e.g. deposits/withdrawals) are being left to the prime broker. This way, the Partial White Label can focus on marketing and how to bring more clients to the new business.
A comparison between the two programs obviously makes the second one being easier to implement and therefore more appealing. However, it should be mentioned that from a prime broker’s perspective, costs are pretty much similar.
When it comes to the newly Partial White Label, leaving the account management functionality to the prime broker may raise issues like sharing client’s info and in the end, the two entities will compete for the same clients.
A Partial White Label can also be made under different conditions, with other parts of the overall business being left to the prime broker. The more tasks the primary broker will cover, the move different the program will be when compared with a full solution.
When having to choose between a Full or Partial White Label, the new entity is supposed to take into consideration all the pros and cons and the costs associated with this. Depending on the support being offered by the primary broker, one type of partnership may look more appealing than another.
