Forex license in Cyprus


Activity in financial and stock markets, including Forex markets, for brokerage activity or securities management special license is required. Obtaining the Cyprus Forex Broker license is the best option for companies intending to operate in EU countries.

To obtain a license you should register a Cyprus Investment Firm (CIF). Company registration and its activity is regulated by The Cyprus Investment Services and Activities and Regulated Markets Law of 2007. The investment company should be authorized and licensed by Cyprus Securities and Exchange Commission (CySEC). In this case, the company’s activity can be performed in the EU.

Since 2009, the regulating authority of investment activity in Cyprus is the Cyprus Securities and Exchange Commission (CySEC).


Our specialists provide a full range of services for registering investment companies in Cyprus, opening bank accounts, and obtaining various types of forex licenses in accordance with the requirements of the CySEC.


The license is issued for the following activities:

  • The execution of orders on behalf of clients
  • Carrying out transactions at one's own expense
  • The reception and transmission of orders related to financial instruments
  • Providing investment advice
  • Securities management
  • Investment services
  • Currency exchange (if it relates to investment activities)
  • Underwriting financial instruments and their place in firm commitments
  • Granting credits or loans for transactions concerning financial instruments

Stages of obtaining a license:

  • Registration of investment companies specializing in brokerage and dealer activities in the securities market, investment consulting, etc.
  • Opening a bank account
  • Transmission of the registered capital confirmed by bank document
  • Submission of documents to the CySEC for license
  • Applying to the Cyprus Securities and Exchange Commission for forex license.
  • Submission of Memorandum and Articles of Association, business plan, AML and risk management manual, documents confirming the absence of disciplinary proceedings and bankruptcy of employees and shareholders.
  • Support until obtainment of a license


Timeframe for obtaining a license:
The timeframe of company registration and obtaining a license is about 6 months.


Personnel requirements:

  • The Board of Directors should consist of four persons (including two managing directors), three of them should be residents of Cyprus; directors must have adequate business reputation and professional experience
  • Risk Manager and Compliance Specialist
  • Auditing staff (internal (residents of Cyprus) and external)
  • Legal Department
  • Secretary
  • 2 certified traders
  • The head of the brokerage department
  • Chief Accounting Officer
  • Head of the IT Department
  • Senior Accountant
  • Traders should have certificates evidencing their professional qualities. One person can hold several posts at the same time. Nominee service is not available.


Office Requirements:
The investment company established in Cyprus must have a locally registered office.
The minimum cost of office services excluding payroll of chief executive officer and chief accountant is about 170 000 EUR per year.


Registered Capital Requirements:
Minimum required registered capital ranges from 80 000 to 1 000 000 EUR.
Over 80,000 EUR - for companies providing consulting services in the field of forex investment and who do not hold clients’ money or clients’ financial instruments.
Over 125 000 EUR - for companies performing as financial brokers and who do not hold clients’ funds at their discretion.
1 million EUR - to perform market maker function - the company offers a full range of investment services and has the right to hold and dispose of clients’ money.

The amount of registered capital is blocked on the bank account. The funds may be used to test investments in liquid assets and should be disclosed in the financial statements.

Ready-made companies with bank accounts

Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.

Companies with licenses

Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.


Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.


Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.

SEMI for sale

When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.

Crypto Offshore

When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.


Send your request now

and get a personalized offer

To improve your experience on our website, we would like to use cookies. This means that we collect some information about your activity while you are on the website.