The Seychelles offers a Security Dealers License which covers all related Forex activity, including both acting as an introducing broker and direct broker.
A forex broker license in Seychelles is relatively fast to obtain, offers brokers leverage flexibility and carries a positive reputation throughout the investment community.
Licensees will need at least 2 individual directors from any jurisdiction who will convince the Financial Services Authority (FSA) that they have enough experience and competence to obtain a license.
Some keynotes:
- Capital requirements are currently set at $50,000
- The licensee will need at least 2 shareholders, legal entities-shareholders are possible.
- A minimum of 2 local directors are required
- Time to License around 3 to 5 months