In the fast-paced world of Forex trading, having a Cyprus Forex licence is vital for brokers looking to develop a credible presence in the European market. The Cyprus Securities and Exchange Commission (CySEC) controls the licensing procedure, ensuring that your broking works in a well-regulated environment. With a CySEC Forex licence, you receive access to a framework that improves investor safety and transparency, propelling your firm to new heights.
At Christos Makrides and Associates Ltd, our team of chartered accountants and tax consultants is dedicated to providing you with the necessary tools, financial services and legal support needed throughout your Forex licensing journey in Cyprus to ensure compliance in the EU jurisdiction.
A Cyprus Forex licence has various benefits, including an advantageous tax structure and low corporate tax rates, making it an appealing choice for Forex brokers. CySEC’s regulatory compliance guarantees that your brokerage adheres to strict requirements, hence increasing your reputation with investors. Furthermore, with the MiFID framework, your broking may simply operate throughout the European Union, giving it a considerable competitive advantage in the Forex trading scene. Enjoy the advantages of a stable financial climate while bringing new customers to your trading platform.
Cyprus Offers:
To receive a Cyprus Forex licence, your application must fulfil certain criteria, including a detailed business strategy, AML Policy, a physical office in Cyprus and enough money to meet regulatory capital limits. You must also ensure that you are in conformity with other regulatory duties, such as maintaining a corporate bank account and following investor protection guidelines. Furthermore, the licence application procedure requires extensive documentation on your brokerage’s activities, ensuring that you are well-prepared to negotiate the regulatory landscape.
Key requirements include:
Our professional staff streamlines the process of acquiring a Forex licence in Cyprus, helping you through each stage with experience. We help you prepare the essential papers and business plan to fulfil CySEC regulations. Our assistance extends to ensuring regulatory compliance throughout your application procedure, decreasing the possibility of delays. With our extensive understanding of the CySEC license structure, we can assist you manage the complexity swiftly, allowing you to focus on running your Forex broking profitably.
C.Makrides and Associates is the trading name of Christos Makrides and Associates Ltd, a company incorporated in Cyprus with registration number HE234477, with a registered address at Andrea Panayide 30, Paralimni, 5285, Cyprus.
Christos Makrides and Associates Ltd is an ICPAC registered entity, authorised for the provision of financial consulting and audit services, with registration number E189/A/2013.
