A Forex trading license
is needed by brokers and companies that intend on trading on the foreign exchange market. This license is also needed for a BVI offshore company
that will engage in trading currencies.
Our agents can help investors obtain a BVI Forex trading license and start their trading activities as soon as possible.
Forex trading requirements in BVI
BVI companies that are involved in trading on the foreign exchange market need to apply for and operate under a Forex broker license. A few requirements are in place for this type of licensed activity and the main one is that investors will need to open a BVI offshore company. The steps are described below:
- incorporate a BVI company: the BVI company set up process is a simple one that begins with selecting an available business name.
- open a bank account: once the legal entity is incorporated, our agents can help you open a bank account in BVI.
- Establish an office: companies that operate via a forex trading license are required to maintain a local office in BVI; a minimum capital is also required.
- License application: we will help you submit the license application for your company once it is registered; together with the application, a license application fee will also be paid.
Our agents can assist you throughout the licensing process. You can reach out to us to find out more about the Forex licensing requirements and fees.
Regulations for Forex trading in the BVI
The BVI Financial Services Commission
is the one that issues the regulations for forex trading. The Commission is the only regulatory agency that operates in the British Virgin Islands for the financial services sector. It is responsible for authorizing and licensing companies that engage in the financial sector.
One of our BVI company incorporation agents can help you with complete information about the ongoing requirements for forex trading licensing as expressed by the Commission.
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