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 Now is the Time to Open Your
Offshore Forex Brokerage
The era of internet and globalization has made it easier than ever to create
aspiring online businesses with a global audience. Among these booming
businesses that have benefited from the technological development are forex
brokers. The forex market offers tremendous opportunities for entrepreneurs
looking to enter the largest financial market in the world, with a daily turnover of
more than $5 trillion and a growing number of retail forex traders around the
world.

Now might be the best time to open an offshore forex brokerage – don’t miss the
opportunity! According to the joint Forex Industry Report by Leap Rate and Dow
Jones, retail forex trading reached a daily trading volume of $185 billion in 2011,
experiencing a stunning growth from under $10 billion per day in 2001.
Today, there are thousands of online Forex brokers available and their number is
only increasing. While many of them have found their edge to
operate efficiently and make a profit in this competitive market, there is also a
number of brokers that cannot keep up with the competition and have to leave
the market in the long-run.
Copyright’s 2019 © Sanfrix Pvt Ltd
All Rights Reserved
For Further info contact sales@sanfrix.com
Call us at : +1 239 600 8116
This is the point where you want a reliable partner that not only helps you
establish a brokerage, but also takes care about the technology, trading
platforms, and gives you world-class customer support around the clock.
Opening a forex brokerage is like a journey, and Sanfrix could be your guide.

Where to Open Your Offshore Brokerage?

Among the many decisions to make when opening a forex brokerage, the one
concerning where to base your company is one of the most important. The
initial work involved in establishing a company and the legal framework around it
presents major hassles that every new forex broker faces. Choosing
the right jurisdiction where to incorporate your company is the first step towards
establishing a successful forex brokerage.
While some brokers opt for more established countries like the United Kingdom
and Cyprus, the ease and low cost of establishing an offshore
corporation in countries like Saint Vincent and the Grenadines, Vanuatu, Cayman
Islands and even republic of Georgia attract an increasing number of
new brokerages. Among these countries, Saint Vincent and the Grenadines
proved to be the best option with the lowest initial capital requirements.

Tax Havens
Many of these countries are tax havens and feature tax rates that are practically
at zero, with Saint Vincent and the Grenadines emerging as an
especially popular destination for opening offshore companies. The country was
removed from OECD’s “grey” list of non-transparent tax jurisdictions in 2010, but
has not yet signed a Tax Information Exchange Agreement with the United States
or Canada, which means that your confidential information is protected from the
US and Canadian authorities.

No Restriction on Leverage
Financial companies established in any offshore venues, including forex
brokerages, do not have a leverage restriction on their services. You can offer any
leverage you want to your clients, and concentrate entirely on offering the best
possible user experience instead of worrying about strict financial regulations.

How can Sanfrix Help?

Sanfrix will take care of all the paperwork required for opening your forex
brokerage in the venue of your choice to help you fast track your brokerage
setup. All you need is to take care of your clients and business, while Sanfrix takes
care of the offshore company formation, technology, trading platforms, deep
liquidity pools, and offers top-notch customer support to your business along the
way.

Copyright’s 2019 © Sanfrix Pvt Ltd

All Rights Reserved
For Further info contact sales@sanfrix.com
Call us at : +1 239 600 8116
Our services include:
● The complete offshore company formation in the venue of your choice,
including all paperwork and obtaining any necessary licenses
● The formation of an E-Wallet/Bank for accepting client deposits
● Setting up a PSP service (Payment Service Provider) for the acceptance of client
credit cards
● Fully apostilled documents

Copyright’s 2019 © Sanfrix Pvt Ltd

All Rights Reserved
For Further info contact sales@sanfrix.com
Call us at : +1 239 600 8116