Having a forex broker license in the country where your brokerage firm operates is a mandatory requirement. Operating a brokerage firm without a valid license is illegal, meaning all of your trading operations are against the law.
Forex regulations and licensing issues are quite complex and it is advisable to use the assistance of a professional firm who will be able to guide you through the forex license application process. You will also gain assistance on all of the regulatory requirements brokers must meet, drafting business plans and manuals that are part of the license application procedure all to help you ensure that your license application will succeed.
Fionza Consulting can assist you with the setup of your brokerage firm and can assist you in obtaining a forex license in your chosen jurisdiction.
