How to become a Forex Broker

6 steps to opening a company

Company registration

To become a Forex broker, it is necessary to register a foreign company. We allocate 3 groups of the countries which are suitable for the organization of Forex services. They are different in the requirements of doing business and the cost of registration.

Unregulated jurisdictions – are the countries where Forex services are not regulated. These include Saint Vincent and the Grenadines and Marshall Islands. Company registration takes 2 weeks and costs from 1500 USD. It is a right decision to register a company this country to start a business. 9 out of 10 Forex brokers use this option.

Semi-regulated jurisdictions – are the countries where there is a regulation of Forex brokers, and low requirements for doing business. These include Vanuatu, Malaysia, Belize or the Seychelles. The option is doubtful, since there is no advantage to work with registration costs from 20,000 USD.

Regulated jurisdictions – are the European Union countries such as UK, Cyprus, Bulgaria and others. These are the countries where Mifid requirements work. Registration costs 50 000 USD, plus the payment of the share capital of 125 000 EUR. The establishment of the company must have at least 6 months. After registration you will become a Forex broker with a license. Taking into account the high costs of creation and, later, the maintenance of the company, this option is suitable for large businesses with a customer base of 100 000 accounts. The company in the European Union gets full access to work with clients from Europe and favorable conditions from payment systems.

Time: from 2 weeks Cost: from $1500

We will create your company from the scratch for 1-2 months

11  years on the market
>200 companies open
4  projects in the works

From 2008 we had helped more than 200 clients to become Forex brokers. After 1-2 months you’ll get your own Forex business.


What is manual and automatic depositing of funds?

Manual deposit is as follows. You inform the client of the details or data of the wallet, then the client sends you the funds, you see the deposit and manually increase the balance of the client’s trading account. Automatic deposit, unlike manual, occurs without your participation and, as a result, faster: usually less than 1 minute. The client enters the card or wallet data, the payment system transfers his funds to you, automatically replenishing the balance of the client’s trading account.

Who is a payment aggregator?

Payment aggregator is a service that assembles several payment systems into a single solution for a Forex broker. A broker enters into a contract only with a payment aggregator company, instead of several, and receives one software gateway for integration, instead of connecting to different payment systems. The payment aggregator receives money from the Forex broker for the connection and the percentage of each transfer of funds from traders. Winpay, OrangePay, Interkassa are payment aggregator companies.