The Forex market is growing larger every day. Despite being decentralized, it certainly is not unregulated. When starting a Forex business obtaining a license is one of the key things you should consider. While licenses may impose stricter regulations, they can benefit your business greatly as many entities prefer to do business with regulated brokerages.
Regulations within EU countries are mostly harmonized despite every member state having its own regulator due to an overhead regulatory entity from European Commision. Brokerages with a license from one of the member states of the EU can offer their services in all other member states.
Applying for a forex license is not only a time-consuming process but a challenging one as well, as failure to meet certain requirements will result in the license being revoked. Different jurisdictions have different regulatory policies. Therefore, it's a good idea to reach out to our team of experts for help assessing which region best suits your brokerage's needs.
Executive Consultancy has a track record of securing Forex licenses in a number of jurisdictions. Our dedicated team of professionals will assist you in completing all required documentation and will walk you through the entire process of acquiring a Forex license.
Schedule your consultation with Executive Consultancy today. We will be happy to provide you with all necessary information and support you every step of the way.
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