Okay I need to know this straight we have some investors and business partners as well who we discussing the possibility to start a forex trading company, hope you can help with the following questions!
The company will hold the clients money, a provide them trading service with CFD.
Regarding CySec regulated company:
For this Kind of company I need 200 000 EUR.
Your fees is 20 000 EUR
How much the CyCec fees?
What is the minimum requirements for the company to apply for license (Reception and transmition and Execution)
What are the requirements for this 3 members?
For example can I be one of this member?
Do you provide bank accounts for CIF?
If yes, what bank and the price.
Please correct the steps, and add time frames of the procedure for the license.
1. Establish
Cyprus company.
Coast 3 000 EUR.
Requirements(think)??
How long it will take????
I know that to hire the people the Cyprus company should invest 180 000 EUR.
After I did it, I can assign me self in this company lets ssay as a one of the director.
Can I have any activity does't relate with
investment firm activity?
2. Apply for the CyCec license:
Min requirements(think)???
Coast:
Your fees is 20 000 EUR, what is the scedual of the payment?
After we get license I pay or how?
3. Get license with Status pending.
To have the right for operation we need complains some requirements.
What are the requirements?
I would like to know another options for the FOREX company:
Can you assists with the investment company registered in another jurisdiction?
Can you assists to get any license in another jurisdictions?
Can you assists to get bank accounts and processing systems for this company?