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British Virgin Islands Forex License

British Virgin Islands Forex License

HOW TO OBTAIN FOREX LICENSE IN BVI

Regulatory authority Financial Services Commission 

The legislative framework

In 2010, the Commission approved a new Act on securities and investment activities. This Act enacted a number of requirements and regulations that control the activities of brokers and investment companies that were not regulated before 2010. The Act on securities and investment activities consolidated all financial activities, dividing it into sectors, established its regulation.
The form of company under the new Act

BVI Business Company

Categories Tools

Output and circulation of the securities, shares, bonds, options, futures, CFDs and other similar instruments

Time for obtaining a license

3 months from submission of full package of documents to the Commission (including the period for company establishment)

Authorized capital

The Commission considers the acceptable minimal authorized capital of $ 1,000,000

The authorized capital cannot be used in company operating activities.

Auditing

Audit is required. Auditors company must be approved by the Commission.

Read also related theme articles (in russian):

• Obtaining forex license in various European countries

• AUTHORIZED CAPITAL OF CYPRUS FOREX. How much money to prepare for conducting forex business in Europe?

• Which jurisdiction to choose in obtaining forex license?

Our services

SBSB offers help in obtaining brokerage license in British Virgin Islands and other jurisdictions. See the list of jurisdictions below.

If any qualified help in obtaining brokerage license need, please, feel free to contact our specialists via phone-call (numbers required can be found in contact list on the internet page) or by submitting a form located on the left side of the page.

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