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.

Low minimum capital required ($2000 approximately) rapid regulation procedure

no-local office/employees required exempt of personal tax, corporate tax, withholding taxes and capital gains

Notarized passport copy (should be notarized in English 3 copies)

Last 3 months utility bill (should be notarized in English 3 copies with original)

Director/shareholders bank reference letter

The copy of educational degree certificate (should be in English)

High-class international banking services there are two foreign-owned and locally owned banks each in the domestic banking system, operating under the supervision of the reserve bank of Vanuatu

Excellent modern communications empowered by cutting edge technology

Thanks to the high confidentiality, officers, shareholders or beneficiary owners do not require to show any identity proofs to the vanuatu financial services commission (vfsc)

No tax on capital gains, profit, distributions or stamp duty for 20 years from the date of the company formation

Note: documents may be requested from any authority or institution during the process

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 brokers 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).

Exempt from local tax for first 25 years from date of registration

No annual return to be filed with SVG authorities

Directors, shareholders and officers information are not disclosed on any public register

Notarized passport copy (English 2 copies)

Last 3 months utility bill (English 2 copies with original)

Director/shareholders bank reference letter

There are two foreign-owned and locally owned banks each in the domestic banking system, operating under the supervision of the Reserve Bank of Vanuatu

Excellent modern communications empowered by cutting edge technology

Thanks to the high confidentiality, ofcers, shareholders or beneficiary owners do not require to show any identity proofs to the Vanuatu Financial Services

No tax on capital gains, profit, distributions or stamp duty for 20 years from the date of the company formation

NOTE: documents may be requested from any authority or institution during the process

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.

Immense double tax treaty network with 70 countries

Approachable regulator highly acceptable of new business proposals

Notarized passport copy (English 2 copies)

Last 3 months utility bill (English 2 copies with original)

Director/shareholders bank reference letter

The copy of educational degree certificate (English)

Minimum one shareholding applicant must already be regulated in the provision of financial services to MFSA satisfactory level

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.

One of the strongest GDP growth having country in the world

Declared as the best regulatory body in the world with NFA

Notarized passport copy (English 2 copies)

Last 3 months utility bill (English 2 copies with original)

Director/shareholders bank reference letter

The copy of educational degree certificate (English)

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.

low tax system compared to other jurisdictions

Broker requirements notarized passport copy (English 3 copies)

Last 6 months utility bill (English 3 copies with original)

Director/shareholders bank reference letter with account statement

Directors/shareholders CV (minimum 6 years industry experience/minimum 3 years in a senior management role)

The copy of educational degree certificate should be in English and Chinese language)

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.

Traders/Investors can complain directly to CySEC

Low corporate taxation system and impressive range of double taxation treaties with more than 40 countries

Notarized passport copy (English 2 copies)

Last 3 months utility bill (English 2 copies with original)

Director/Shareholders Bank reference letter

copy of educational degree certificate (English)

Bank statement, CAPITAL OF EUR 125,000 (For STP license or Binary options)

(CAPITAL OF EUR 730,000 For Market Maker license)

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.

Bulgaria has a stable and predictable economy with the lowest corporate tax in the EU at only 10%

average salary of Bulgaria is comparatively low in the whole European Union (EU).

LOW tax system combined with low labor costs makes it the most suitable for business.

Two types of licenses available to choose from

Notarized Passport copy (Should be notarized in English 3 copies)

Last 3 months Utility Bill (Should be notarized in English 3 copies with original)

Director/Shareholders Bank Reference Letter

The copy of Educational Degree Certificate (Should be in English)

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.

No capital gains, inheritance taxes or death duties

Notarized passport copy (Notarization text should be in English)

Last 3-months utility bill (Attached with original copy)

Professional letter/ Bank reference on Director/Shareholder

Copy of the educational degree certificate (English)

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).

Exemption from all local taxes for international business companies

Well-developed financial industry and professional infrastructure

Strict secrecy law which forbids disclose of financial information

Access to the NAFTA members (Mexico, USA and Canada) by land, sea, and air is easy

COPY OF Last 3-months Utility Bill (PLUS ORIGINAL)

Director(s) or Shareholder(s) Letter with bank account statement

copy of Educational Degree Certificate (ENGLISH)

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.

Multiple currencies from multiple jurisdictions

A bank account that accepts a range of currencies from multiple jurisdictions giving brokers efficiency and reliability.

Certain points one should take into consideration before opening a corporate account, is the registered jurisdiction in which the company has been incorporated, the expected business activity of the company, the location of the companys potential clients and the deposit and monthly fees of the bank.

As long term partners with many Forex companies, we understand the importance of your changing needs as the business grows. Of equal importance for you is a partner that understands the latest trends and requirements.

Streamlined financials and back-office processes

Banks specialize in the provision of international banking services for brokers.

Multiple jurisdiction where a broker decides to incorporate their company,

Assist brokers with locating a bank to meet your needs.

High reputable banks, high level of confidentiality,

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 companys 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.

Pre-integrated and tested solution with multiple payment gateways.

Providing seamless payment processing for brokers and traders.

Reduce payment defaults; increase sales and profit

Solution for adopting multiple payment options to offer brokers and the maximum amount to which a particular payment is justifiable. As fraud cases differ, Apexum individually adapt PSP solutions to meet the specific requirements of a brokerage.

Accept payments worldwide, securely, transparently and efficiently

Cost-effective and transparent. Pre-integrated into Apexum technology suite and PSP gateways, streamlining brokers processes.

Enable cashless payment for everyday traders, through a merchant account that provides mobile accepting technology.

Guarantee secure data and payment transfer, with multi-currency and multilingual system connections.

Offer your traders increased payment convenience.

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 PSPs 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 brands design and user experience, thanks to Apexums flexible technology.

Time Frame: 3-4 Months. 
 Free Capital: Starting at $30,000.

Service Provided Requirements: Standard Quality.

Membership Fees: Ranging from $20,000 $30,000 one-time (Compulsory).

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

Service provided requirements: standard quality.

Membership fees: ranging from $35,000 $50,000 one-time fee for legal 
 services (compulsory).

Note: Ad-hoc additional documents may be requested from any authority or institution during the process

Balance sheet with forecast description AML/CFT declaration

Free capital: $100,000 (client deposits not included).

Service provided requirements: standard quality.

Membership fees: ranging from $35,000 $50,000 one-time fee (compulsory).

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

Free capital: $100,000 (client deposits not included).

Service provided requirements: standard quality.

Membership fees: ranging from $35,000 $50,000 one-time fee (compulsory).

Note: Ad-hoc additional documents may be requested from any authority or institution during the process

Free capital: ranging from $20,000 $30,000.

Service provided requirements: standard quality.

Membership fees: ranging from $20,000 $30,000 one-time fee (compulsory).

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

Fxlinked offers the option of API access any connection of bespoke algos.

Low-latency connectivity to a range of FX and precious metals, providing alternative distribution channels for your pricing.

Various user interfaces (desktop and mobile), and APIs to increase distribution channels to clients.

Xcore bridge, helping mt4/mt5 brokers by providing straight-through-processing (STP) from trading platforms to Fxlinked liquidity pools, allowing brokers to access deep liquidity and stream prices to their client base.

Sustained processing capacity 40k orders/ second

Capacity of multiple aggregated liquidity streams as well as private liquidity pools that are distinctive suiting any brokers trading needs, style, and preferences.

Dedicated management team whose sole focus is to deliver every broker prime liquidity streams, elevating brokers with optimum flow.

The ability to access anonymous, single-ticket liquidity through Fxlinked. Delivering ladders of streamed liquidity in increments between 3 and 50 million notional amounts, across major currency pairs, which can be accessed with a single click in one user interface (GUI).

Automatic commission reduction for higher amounts

Rates include commission and bank transfer fee

Delivering FX in all the major global currencies

Experienced, professional client services team

Live currency rate calculator with indicative real-time exchange rates

Revolutionary technology empowering concurrent (Abook) / non-concurrent (b-book) and hedging competency. Flexibility of configuration across individual pairs, authorizing white label acquirers the capability market risk assessment and management.

Margin risk management solutions built in capability of automated margin calls to every client providing high degree of ability in managing leverage and risk assessment.

Institutional and prime risk management focusing on variety of position limits (aggregated, NOP , netted).

Selective leveled permissions and compliance across multiple locations and business units to facilitate and maintain integrity:

Internal control activities: segregation of duties (sod), establishment of responsibility

Operated in international standards of financial transparency.

Know your customer (KYC) processes are a central part of all client management.

Accessibility to trading pattern analysis, trade history, audit trail, and counter-party activity.

Providing extensive books/records and analytical solutions for high degree of operations and activities. Reaching high standards of transparency internally and external.

Inter-connectivity with your back-office systems and our stp suit solely aimed to facilitate coherent settlement, workflow, reporting and auditing processes. Connections provided via multiple prime post-trade hubs.

Open order book full market depth (via fix)

Strict price/time priority matching algorithm

Streaming FX limit-order liquidity from top tier banks and proprietary trading firms

Like in the banking industry, the brokerage industry has special services dedicated to special clients. These services are offered exclusively to these clients and are not part of the regular offer the brokerage house has. Such a brokerage house is being called a prime brokerage.

Most of the large brokers, like Goldman Sachs, Morgan Stanley, etc., are offering services like leverage trade executions or cash management to special clients. The clients that fit into this category have a bigger trade account and that normal and move important amounts of money.

Therefore, they need special attention and special conditions. Just to give you an example, try move on hundred lots trade multiple times a day with a regular retail broker and youll be contacted immediately by that respective brokerage house.

The reason for that is the fact that if youre able to trade in such a size, you probably belong to a group of people that needs prime brokerage attention. Prime brokerage houses offer a series of resources other brokers miss. The need for such services grew bigger and bigger by the time the hedge fund industry expanded more and more in the last years.

Clients in this category are big-time investors and institutions, money managers, hedge funds, etc. In general, traders that are moving large amounts of money are subject to prime brokerage services.

These services are vital for the success or failure of a hedge fund, as reducing costs associated with trading is a goal all funds have. Pension funds, treasury departments of commercial banks and any other large institutional investors are part of these services.

In short, the main role of a prime brokerage is to give large traders and institutions the possibility of outsourcing part of their activities, in turn of a fee. This way, the investment vehicle can focus on the overall investment, and the brokerage house earns a fee for the services offered.

Still, in the same area of dealing with large institutional clients, executing brokers play an important role. Such a broker is effectively one that submits the orders on behalf of a client. In short, it is taking care of the effective trading, carrying out the order.

The role of executing brokers is quite important as often hedge fund managers are working with one brokerage house as a prime broker that offers a bundle of consolidating services and other brokers as executing ones, being instructed to buy or sell with the prime broker. Considering the fact that executing brokers are earning from commissions, conflicts of interests may appear from time to time. Nevertheless, a well-organized hedge fund will always find it more appealing to deal with trading through a prime broker and a bunch of executing ones for clearing as this way reporting is easy to be made as all things are being kept together.

Prime brokerage is strongly linked to the hedge fund industry as mentioned above and the changes in the industry affect the brokerage houses as well. Technology changes make keeping up with the developments in the industry quite a daring task.

For that reason, and not only, prime brokers provide centralized clearing facilities, while executing brokers settle their trades there. Commissions in terms of spreads are being charged, as well as other associated costs for additional services.

All in all, the bigger the fund the bigger the need to deal with more and more leveraging, and by leveraging one should not consider only the actual size of the investments, but also the number of brokers the trade execution process is made. A hedge funds success depends very much on it.

How to Find the Best Jurisdiction for Your Forex Company

Apexum is a Technology Provider that builds, installs, maintains and supports any individual seeking a brokerage or partnership, Apexum strives to augment any existing or new business, Furthermore, Apexum aims to elevate any client with the relevant technology demands.

We appreciate you contacting us. One of our advisors will get back to you as soon as possible.