The Republic of Seychelles is an archipelago country of 115 islands in the Indian Ocean located off East Africa.
When the Forex Trading was picking steam, Republic of Seychelles decided to make the most of momentum. They introduced The Seychelles Securities Act 2007 provides the legal framework for the provision of Securities Dealer Services under the regulatory authority of the Financial Services Authority (Seychelles) - FSA.
The Seychelles Securities Dealer License lets a company to trade in securities as follows;
- As a principal (on its own account)
- OR as an agent (on behalf of its clients)
The Seychelles Securities Dealer License has following advantages:Bouquet of banking Services
It lets you provide Banking services like taking deposits, formulation of FX or CFD related offerings etc.
No limit on number of clients
You can acquire and service as many clients you want.
Minimum Capital Requirement
To get The Seychelles Securities Dealer License one needs just USD 50,000 which is one of the lowest licensing amount as far as Forex Brokerage License is concerned. The best part is that this amount doesn’t get blocked unlike other countries where you can’t use the money. All you need to do is to keep this amount in Seychelles Bank Account till the license is granted. You can use this money for business purposes after the license is granted.We provide end to end solutions like company formations, bank account opening, license application, documentation etc. Please write to us to know more about the process to obtain The Seychelles Securities Dealer License.