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121
CONFIRMED LICENSES FOR FX BROKERS

Turnkey Solutions
Licenses


License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

FSMA

United Kingdom

1-2 weeks

For application requirements please contact us

Passport; Proof of Residence

Not required

$1,000 (upfront 3 months)

Annual renewal fee

Application fee

$1,000

$19,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

CySEC MM

Cyprus

8-12 months

At least 3 local employee

Passport; Proof of Residence

EUR 730,000 (USD 890,000)

Based of how many local employee

Annual renewal fee

Application fee

$9,600

$100,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

CySEC STP

Cyprus

8-12 months

At least 3 local employee

Passport; Proof of Residence

EUR 125,000 ( USD 153,000)

Based on how many employee

Annual renewal fee

Application fee

$8,500

$95,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

FCA MM

United Kingdom

8-12 months

For application requirements please contact us

Passport; Proof of Residence

GBP 730,000 (USD 950,000)

$16,000

Annual renewal fee

Application fee

$16,500

$175,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

FCA STP

United Kingdom

8-12 months

For application requirements please contact us

Passport; Proof of Residence

GBP 125,000 (USD 165,000)

$16,000

Annual renewal fee

Application fee

$16,500

$175,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

MTR (Virtual Currency)

Estonia

3 months

Estonia Company Local Office

1. Scan copy of passport; 2. Scan copy of Proof of Residence; 3. Notarize
non-criminal certificate

EUR 12,000 ($15,000) paid-up capital

$4,000

Annual renewal fee

Application fee

$7,300

$73,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

LFSA

Malaysia Labuan

2-3 months

Onshore Office Local Director

Name; Passport

MYR$500,000 paid-up capital. Can withdraw

$3,900 (Local address and staff)

Annual renewal fee

Application fee

$6,200

$62,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

SDL

Seychelles

2-3 months

Onshore Office Local Director

Passport; Proof of Residence

$50,000 paid-up

$6,500 (Local address and staff)

Annual renewal fee

Application fee

$5,300

$37,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

FSC

Mauritius

2-3 months

Onshore Office Local Director

Passport; Proof of Residence

MUR700000 Est USD18000 (According to real-time currency rate)

$6,500 (Local address and staff)

Annual renewal fee

Application fee

$5,300

$37,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

CIMA (Securities Investment Business)

Cayman Island

3 month

Onshore Office Local Director

Passport; Proof of Residence

Not required

$1,000

Annual renewal fee

Application fee

$6,200

$65,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

NFA (Member\CPA, CTO)

United States of America

5-6 months

USA company Local Office

Passport; Proof of Residence

Not required

$7,000 (Upfront 3 months)

Annual renewal fee

Application fee

$7,000

$70,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

FSP

New Zealand

1-2 months

Onshore Office

Passport; Proof of Residence

Not required

$6,000 (Local address and staff)

Annual renewal fee

Application fee

$4,800

$50,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

VFSC

Vanuatu

1-2 months

Onshore Office Local Director

Passport; Proof of Residence

$50,000

$6,000 (Local address and staff)

Annual renewal fee

Application fee

$4,300

$43,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

FCA AR

United Kingdom

1-2 months

For application requirements please contact us

Passport; Proof of Residence

Not required

$18,000 (Upfront 3 months)

Annual renewal fee

Application fee

$4,300

$53,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

ASIC AR

Australia

2-3 weeks

Please contact your us for more details

Passport; Proof of Residence, etc.

Not required

$7,500 (upfront 3 months)

Annual renewal fee

Application fee

$2,100

$40,000

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

MSB(Money Service Business)

Canada

1-2 weeks

For application requirements please contact us

Passport; Proof of Residence, etc.

Not required

Not required

Annual renewal fee

Application fee

$1,300

$8,500

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

MSB(Money Service Business)

United States of America

1-2 weeks

For application requirements please contact us

Passport; Proof of Residence

Not required

Not required

Annual renewal fee

Application fee

$1,100

$5,500

Request more information

License:

Country

Application period

Requirements

Submit documents

Deposit

Monthly operational fee

NFA (Non-Member\Exempt)

United States of America

3-5 working days

For application requirements please contact us

Passport; Proof of Residence

Not required

Not required

Annual renewal fee

Application fee

$760

$3,800

Request more information


Regulatory news

Cayman Islands Monetary AuthorityDecision Notice – Mr. Kelly Simon Tonkin

The cost for obtaining the FX license

Financial Services Authority Seychelles

The Cyprus Securities and Exchange Commission (CySEC)

FCA

ASIC

 


FX Brokerage license FAQs

How much does an FX license cost? 

Price of the license depends on jurisdiction and market, it starts from $2000 up
to $18 000.

 

How long does it take to get an FX license?

Depends on license from 3 business days to 3 months 

 

What do I need to do to get an FX license?

Registered company, passport, proof of residence, deposit (Depends on regulator)
and license application fee.  



What is the minimum capital to establish FX brokerage?

Here are the main expenses which may be required at the beginning: License
application fee, deposit, annual license fees, company registration, trading
platform, liquidity 



How much does a company must freeze for the licence ?

Some licenses for example FCA UK requires GBP 730 000 deposit, some offshore
licenses does not require any deposit. 

 

What services do you have besides FX licenses?

Trading platform, company registration, white label solutions  



If you have more question please contact our team



Contact us

 

 


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