How To Get a Belize (IFSC) Forex License?
Obtaining A Belize IFSC Forex License – How Does It Work?
- In order to receive a forex license in Belize, the broker must first establish an International Business Company (IBC).
- Prior to setting up the IBC, we’ll require some basic information about your brokerage: identity documents of all shareholders, intended structure, and the desired business name are just a few examples of the requirements.
- Upon successful registration, we’ll then submit your license application to the Belize IFSC (International Financial Services Commission).
- Once the license has been approved by the IFSC, we’ll establish the required bank accounts needed for operational, deposit, and capital purposes.
- A physical presence as well as local directors are a prerequisite for obtaining a forex broker license in Belize. As part of the services offered at Atomiq Consulting, we’ll assist you both in securing office space and as well as appointing local directors.
Important Facts Related to a Belize FX License
- $500,000 in paid up capital is required
- The Belize IFSC mandates that licensed brokers maintain a physical office with local directors
- Total time to obtain the license varies from 5 to 6 months
- Unlike Cyprus or the United Kingdom, forex broker licenses in Belize have no restrictions pertaining to leverage
- Money management services are also permitted with this license
Atomiq Consulting – Your FX Broker Licensing Partner
Founded in 2014, we are the consultation company of choice for both new and established forex brokers seeking regulation in Belize. Due to our decades of forex industry experience, professionalism, and positive track record, brokers around the globe have partnered with Atomiq Consulting for guidance in establishing their forex broker licenses. If you are interested in obtaining a Belize IFSC regulated broker license, contact us today to get started.
Contact Us Today For a Free Service Quote!
To apply for a Belize IFSC license, learn more about the process or request a free price quote for our services, don’t hesitate to contact us today!
Belize IFSC FX License FAQ
Is it possible to purchase an existing forex broker licensed in Belize? Are there any IFSC licensed brokers currently for sale?
In addition to license consultation, we can also assist you in acquiring an existing offshore licensed broker. Because our offers vary based on availability in the market, it is best to contact us directly to discuss our current offers.
How long does it take to get a forex broker license in Belize?
Each situation is unique, making it difficult to estimate a specific time, however, as a general rule a license can be established within 5 to 6 months.
What is the regulator that oversees forex related activity Belize?
The Belize IFSC (International Financial Services Commission regulates forex brokerages in Belize.
Which offshore jurisdictions are comparable to Belize?
Brokers considering offshore licensing options may also be interested in applying for a license in Seychelles. In addition, a license in the Cayman Islands should be another consideration.
How does the Belize IFSC regulated forex activity?
Forex regulation in Belize is governed via the Computer Wagering License Act.
Is a physical office needed to obtain a license in the Belize?
Yes, this requirement is the case for most offshore jurisdictions. For example a forex license in Mauritius also requires a physical presence.