Need to know if Cyprus is a good place to incorporate for a unlicensed Forex Trading business?
Will you be able to open a bank account in Cyprus for the company there?
Will you be able to open a bank account in Cyprus for the company there?
That is correct, if they find out they will close your company and you will properly get banned in one or another register by the Central bank of Cyprus.bose said:So no Forex activity without license! Do you know what will happen if I do so?