Licensed forex brokerage (STP or market maker)
Mauritius has become one of the leading jurisdictions for the incorporation and licensing of forex brokerages. Together with Seychelles, these two countries are leaders in terms of the number of licensed forex activities companies outside of highly regulated jurisdictions like the EU, US, Singapore etc.
Not only does Mauritius provide a very pro-business environment but it also boasts a well-regarded reputation for forex companies. This is achieved by having a watchful and active regulator that upholds standards while business application wise, the environment remains friendly for forex activities.
There are two different types of licenses applicable for forex brokerages under the Financial Services Commission (FSC):
Investment Dealer (full dealer including underwriting) – MUR 10,000,000 (approx. US$235,000)
Investment Dealer (full dealer excluding underwriting) – MUR 1,000,000 (approx. US$23,500)
With regards to both types of license, Aniva Consulting together with its local partners are able to provide you with not only guidance, but we will also help you set it up. We will assist you through the entire licensing procedure so that you can obtain a successfully licensed forex brokerage. We also provide a full-suite of support services and are able to introduce you third party services, such as insurance, auditing or other outsourced services.
Furthermore, we at Aniva Consulting are experts at providing advice on effectively running a compliant forex brokerage. So don’t wait, just ask us and we will be happy to help!