In the ever-growing forex industry, you can establish a brokerage company, that will bring huge profits, and, of course, you need to open a bank account in a reputable financial institution. Opening a corporate bank account for a forex company is one of the most important components of opening a business, focused on trading on the stock exchange or currency exchange. It is quite obvious, that without being able to accept deposits and manage payments, it is impossible to start a business. And, when determining a most optimal solution and choosing a bank for each specific case, various factors play a role: from the geographical location of clients, to the general corporate structure of the business and, in fact, obtaining a license for a forex activity.
One of the main problems for forex brokers usually raises – the landscape of corporate bank accounts is constantly changing. And, therefore, it is important to work with a law firm, that understands and accepts updates to the global rules of doing business. IQD Consulting specialists are constantly informed of various rules, regulations and changes, that affect global banking licensing decisions. And they can help you to open a bank account for a brokerage company in your chosen jurisdiction.
Our professional team provides support services in opening corporate forex accounts in Switzerland, Portugal, Serbia, Kazakhstan, Vanuatu, Malta, etc. It is also worth noting, that you can open a forex account in Labuan.
Please note, that most banks for opening an account for brokerage require obtaining a license for forex trading in the same jurisdiction, where the bank is located.
It is important: Forex is a type of activity with an increased risk. Nevertheless, the existing relations between banks and our law firm contribute to the smooth flow of the procedure for opening corporate forex accounts.
If you have any questions, regarding the subject of this article, IQD Consulting specialists will give you comprehensive answers. For additional information, contacting us, using any convenient feedback form.
The information outlined in the article is actual at the time of its publication.
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