Online currency trading has become one of the most lucrative businesses today as the daily trade volume in the market is an estimated three trillion dollars. The basis for the enterprise is that there will be fluctuations in currency values and by taking advantage of these fluctuations, traders make money. Lucrative as the enterprise may be, obtaining the license could be a complicated and frustrating task and this is where Moss comes in. We leverage our knowledge and experience with the people and processes in order to procure the license for you.
The person best positioned to make money with probably less stress and risk is the broker as commissions and fees on trading will provide a very wide field for banking profits. This is made more credible if you or your corporation possess an offshore FOREX license.
Benefits of an Offshore FOREX License
There are numerous benefits to be enjoyed and these include: Swift approval for the license, directors and owners may be of any nationality, licensing and renewal fees are quite low, no booking keeping, audit and accounting requirements, worldwide operations, low capital deposit, entry and operational costs.
Procuring a legal license is vital to operating a successful brokerage but this could be very difficult given the tightening of regulations in various jurisdictions. Moss helps clients obtain legitimate licenses and it is very important to emphasize this as there seems to be a rise in the attempts to sell fake FOREX license on the internet. You can operate globally using the license while your offshore company handles the actual trades thus shielding you by creating a separation between you and the trading enterprise.
We help you obtain the FOREX license within a period of two to four weeks and this usually depends on the processing speed with the government moves as well as how fast you respond in providing the due diligence documents.
The FOREX license you receive will include, among other things, legal verification, FOREX license registration, name check, filing fees, certification by a notary, non-compete agreement, power of attorney, shareholder register etc.