company for you, we assist you in opening a bank account. If the Forex transactions are completed in-house rater than referring them to third parties, one needs about 1 million of liquid cash. Obtaining a license can cost around 35,00-50,000. The fluctuation in value between one currency and another can make for a profitable venture.
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Most people operate online brokerages. With a forex license one can legally offer forex trading, subject to your legal counsels advice. Our service combines the features of the Foreign Exchange Market with the privacy and asset protection from some of the strongest and tested offshore jurisdictions in the world. The nominee is arranged or would be provided by OCI and as part of the incorporation package you receive a number of (private) documents which note we hold the shares and directorship for you as nominee subject to your instructions. This is to provide for a buffer between you, personally, and your trading business. Although money can certainly be made in forex, the long-term winner is Forex is the broker. If you simply dont have the resources to do so and want to get into the business, there are some good options.
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