The British Virgin Islands, offers regulated status, and offers several advantages to those planning to obtain a Forex Brokerage License in BVI.
The BVI FSC (Financial Services Commission) is BVI’s financial services Regulator. BVI FSC is authorising and licensing companies to conduct financial services business and they are also issuing a Securities and Investment License. The License is issued according to the Securities and Investment Business Act 2010 specifications.
Starting Offshore’s consultants can guide you through the application process. We can help you better understand the license application procedure and ensure that you get the most out of your BVI forex license.
During the application procedure you are required to submit the following documents:
Memorandum of Association and Articles of Association.
A rigorous business plan along with documentsregarding the compliance procedures
Company manuals for internal and external procedures
All parties involved will also have to submit a certified passport copy , a utility bill less than 3 months old, a professional letter or bank reference as well as a copy of the educational degree certificate; all these documents should be in English.
StartinOffshore’s specialists will assist you with every stage of the licensing procedure, Our Company provides guidance when drafting the entire documentation. Our main objective is to help all our customers become an investment broker in a professional and timely manner.
Obtaining a Forex license in BVI typically takes 3-4 months; however this timeframe can extend to up to 1 year.