Recent content by George Kim

Yes, definitely you are right. Now also I'm working to get licenses from CySEC and FSC Mauritius jurisdictions. Because a condition that CySEC requires a brokerage should open a client segregated account thus I am also looking for it adopts for the SVG for advertising under the jurisdiction. I...

Because few banks I've tried, (Estre Bank, Euro pacific bank), they rejected because probably the nature of SVG country agianst their policy. I will try to hire a lawyer; UK Clear Bank. While I was in progress to setup the SVG company, my consultant company suggested to open a bank account...

Hello friends, I have corporated SVG IBC for FOREX trading of CFD and option procducts, and it needs to open a segregated client account (i.e. safeguarding account) for hold client's funds. It would be very thankful any options I can choice. PS. I have been asked to open it by Migom Bank, but...

Honestly, I am thinking exactly as same as you do. Maybe I don't understand the point. However, since the holding company owns subsidiaires including SVG, so that don't want the company be investigated may cause to be hurted by any financial issues. By the way, I have heared there're several...

Honestly, for SVG Company, we're not in the stage to negotiate the platforms with LPs so far. Only FSC firm is under a contract with LP at the moment.

I got the point. Thank you very much. Since SVG company isn't regulated, that would be certainly an option to be considered truly. SVG company is in progress, but still have a chance to access a Cook Island bank if they accept us.

Having Payment solution for subsidiaries are too complicated for me. What I thought originally, as a holding company is opened in Cyprus, the holding company would have subsidiaries in Cyprus (CIF), Mauritius (FSC), and Saint Vincent and Granedines (IBC). These subsidiares are segregated due to...

Sorry, I don't understand clearly your point. Since we're planning to set the holding LTD in Cyprus, then maybe it can be worked what you're saying. The holding company will certainly have an IBAN with a bank. However, acting the payment processor on behalf of the SVG Company isn't seemed...

I will contact with Emerchant whether I can get the IBAN from bunq for SVG. Thanks!

Thank you EUR99! I will check it if we can have C2B as well.

Can you elaborate B2B? Are you implying sort of white-label? Because I am a new guy in this industry, I wonder how FX brokerages are selling their product to retails even though they're incorporated in Cyprus, UK, Malta, Mauritius... etc regardless of license accreditation.....

Hello everyone, I am working to estalish a brokerage for FOREX CFD & Binary Option. My plan is to set 3 subsidiaries where Cyprus (CIF license), Mauritius (FSC license), and Saint Vincent and Grenadines (IBC - no license). Target countries are most likely around Asia-pacific and South-America...