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Forex License in Seychelles

The Seychelles Securities Act 2007 provides the legal framework for the provision of securities dealer services. A Seychelles Forex License allows your company to trade securities as a principal (for your own account) or as an agent (on behalf of clients).

The regulatory authority is the Financial Services Authority of Seychelles - FSA.

This license is particularly beneficial to companies around the world who deal and/or trade in the area of securities.

The license covers the following activities:

  • Issuing your own Managed Account Products;
  • Carry out trading on behalf of others etc;
  • Collecting Deposit of third parties;
  • Offering to trade (self-trading or managed) in Forex or CFD;
  • Creation of your own price and fee schemes (managed account fees, profit shares, spreads, mark-ups etc).

The time of approval is 14-18 weeks after successfully submitting all documents to FSA.


In order to apply for a Seychelles Forex License company will have to meet the following requirements:

  • Have a local company in Seychelles with a registered capital of $50,000.
  • A company must have minimum of 2 directors with relevant experience in securities.
  • Have an operating office in Seychelles.
  • Hire a local compliance officer.

The advantages of a Seychelles license are the following:

  • SDL can provide banking services, such as creating its own FX or CFD-related products and accepting deposits from clients;
  • SDL in Seychelles has no limit on the number of clients;
  • Low capital requirement / no blocked capital. The required capital to obtain a license is only $50,000. This amount must be kept in a bank account in Seychelles (e.g. with local lawyers) and can be withdrawn as soon as the license is issued. It can also be used for company formation, infrastructure activities, etc;
  • The company is allowed to publicly offer its FX services on its website, etc.

The process of obtaining a license are the following:

  • Due Diligence and KYC checks;
  • Checking of the name in the registry;
  • Questionnaire preparation for the company;
  • Company registration;
  • Once the application is ready, we will submit it to the Seychelles FSA;
  • Communication with FSA.

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