Tag: FX B2B Hub

Interesting! What it costs to get an FCA or CySEC license!

Broker Ben -
You want to run a regulated forex or crypto business? No problem if youp put some money on the table. The Georgian Amiran Azaladze has focused his FX B2B Hub Ltd on brokering licenses from CySEC, FCA, and many offshore regulators. A CySEC MM license goes for roughly one million dollars; an FCA MM license costs more than $1.1M. The costs for offshore licenses are significantly lower. For Vanuatu, $50k deposit and $47k application fee is enough. However, this license is hardly worth anything.