Brokerage License
In Cyprus

Cyprus Investment Firm License

Cyprus is one of the most acclaimed jurisdiction for setting up a FOREX broking company. CYSEC is a renowned regulatory body for FOREX regulation. Being part of the European Union, Cyprus does not fall only under the Cypriot financial services regulatory body also known as the CySec (Cyprus Securities and Exchange Commission) but also under the EU Markets in Financial Instruments Directive – MiFID and the European Law.

4-6 Months

Licensing Time


Taxation ( On Audit )

License Type

Group 3Created with Sketch.

Request a quote

Key Information You Need To Know



Following documents are required to apply for license application.

For Each Director , Shareholder & Ultimate Beneficial Owner

  • Notarised/Certified Passport Copy
  • Notarised/Certified Proof of Address
  • Notarised/Certified Bank Statement
  • Bank Reference Letter
  • Curriculum Vitae

Please provide below, if the company has corporate shareholder :

  • Certificate of incorporation
  • Memorandum and articles of associations.
  • Articles of Incorporation
  • Register of Directors & Shares
  • Certificate of good standing (if the company is more than 12 months old)

Other Documents Required :

  • Liquidity Provider Agreement
  • Proof of Source of Wealth

If you have any questions, please feel free to contact us or write to



Company Structure :

  • One shareholder
  • 2 Executive & 2 Non Executive Directors 

Taxation :

  • Standard corporate tax rate of 12.5% 
  • 0% Tax For Corporate Gain
  • Lowest VAT at 19%
  • No withholding tax on dividends
  • An extensive network of double taxation treaties

Accounting & Auditing:

  • Audit should be done from Cyprus
  • The Company will be required to fil audited financial statements and tax return within 3 months from its balance sheet date.
  • Accounting records should be kept at the local offices of the administrator.

Registered Agent & Office – Required

Company Secretary- Required

PI Insurance Cover- Required

Local Employees in Cyprus – Required

If you have any questions, please feel free to contact us or write to



CySEC Offers CIF License under below 2 categories

  1. Standard License with capital requirement of EUR
    125,000- Suitable for brokerages operating under STP / A-Book Model
  2. Full License with capital requirement of EUR
    730,000- Suitable for brokerages operating under Market Maker/ B-Book Model


Investment Services

  • Reception and transmission of orders in relation to one or more financial instruments.
  • Execution of orders on behalf of clients.
  • Dealing on own account.
  • Portfolio management.
  • Investment advice.
  • Underwriting of financial instruments and/or placing of financial instruments on a firm commitment basis.
  • Placing of financial instruments without a firm commitment basis.
  • Operation of a Multilateral Trading Facility
  • Operation of an Organised Trading Facility

If you have any questions, please feel free to contact us or write to



In order to acquire a license, following steps will be carried out :

  • Reviewing & Due Diligence of KYC of Directors & UBO
  • Name Check & Reservation at ROC
  • Incorporation of Cyprus Company
  • Preparing Application Forms, Drafting and Compiling Documentation & Reviewing of License Application
  • Filing Application with CySEC
  • Follow up and liaising with CySEC

If you have any questions, please feel free to contact us or write to


Not sure which jurisdiction to choose for your brokerage ?

Get A Free Consultation Form One of Our Financial Licensing Specialist

Our specialist will understand your requirements & suggest you with the right jurisdiction to setup your business.

Group 3Created with Sketch.

Book Your Free Consultation