Looking for Forex trading advisor license.

[zoom20092]

Hello,

Does anyone have experience in obtaining the Forex advisor license
Could you share your experience on how to get, how much fees?


Thank you.

 

[JohnLocke]

Hello,

You should tell where you want this licenseor if it matter which country this license will be for.

 

[zoom20092]

In actually it can be licensed in any country, I don't serious
Because I'm doing an online business that targets customer in a different country

* I need a license just to add credibility
and I am looking for an agency that can process everything online.

Thank you.

 

[FinTech Avenger]

Forex licenses come with a catch - you'd need to deposit certain amount (from 50 to 700 k EUR) in order to obtain such license in any reputable (and even not-so-reputable jurisdiction).

Advisory is usually an auxiliary activity to the main license, either STP (transmission of orders to master white label provider, like XOpenHub) or dealing on own account (market-maker).

 

[chris cyprus fx]

If you are interested in an EU jurisdiction, Cyprus (CySEC) license is a credible option (Investment advice requires EUR 50k share capital). For offshore, i have worked with Mauritius and approximately, it takes 1 month to get such a license. Also, Seychelles is a credible option.