Belize offers a competitive forex industry legislation framework, in a strong and highly regulated infrastructure. It is important to understand the necessary application procedures in place before you begin to acquire a Belize broker license. It is also important to have a thorough understanding of the regulatory body that issues Belize broker licenses. This will ensure that the Belize broker license procedure is carried out in compliance with the rules and regulations as laid out by Belize’s regulatory authority.
To acquire a Belize forex license, you will need to apply to the Belize International Financial Services Commission. One of the main responsibilities of the Belize International Financial Services Commission is to issue Belize broker licenses. You will need to apply to the Belize IFSC in order to obtain your Belize broker license and thus to trade in forex, securities and other financial instruments.
The Belize IFSC is responsible for licensing and regulating firms that provide the following services: trading in securities and financial instruments, asset protection and management, mutual funds, insurance services, trustee services, companies that provide brokerage, consultancy and advisory services for trading securities, money lending, money transmission and payment processing.
Obtaining a Belize forex license will offer your FX brokerage company the ideal environment to operate within. Belize has a strong infrastructure and a world-renowned international financial centre, offering offshore companies good benefits for the establishing of their offshore operations in Belize.
To obtain a Belize forex license you will need to submit a number of documents as required by the Belize International Financial Services Commission. You will need to have a company in Belize that is specifically formed for the purpose of providing forex activities. Furthermore, you will have to submit special memorandum and articles of association. You will also need a full set of documents which will include your company’s internal procedures, your company’s business plan and compliance procedures.
The application procedure for applying for and obtaining a Belize IFSC broker license is relatively straightforward when using our consultancy services. Using Starting Business to guide you through the entire application procedure will ensure that you follow all the correct procedures and ensure that the correct documents are submitted to the Belize IFSC.
For information on how Starting Business can provide comprehensive consultancy on all areas of Belize forex licensing, Contact Us.