Belize license for forex and CFD brokers
Belize, positioned itself as a destination for trading brands looking to provide their international clientele with trading facilities available in an offshore setting, while at the same time require a level of commitment/capital back-up, typically seen with established brands. More about the Belize Forex License below.
Belize, an island nation located on the North Eastern coast of Central America, offers an established regulated environment through its Belize Forex License for companies looking for a stable jurisdiction and a recognized destination for their offshore entities. Moreover, it has a legal framework and corporate ecosystem which is appealing for companies operating with a focus on international clientele, including low (to zero) taxation depending on the corporate structure.
Below you will find information regarding the Belize Forex License as well as a list of all brokers currently regulated in Belize via the Belize FSC license of “Trading in Financial and Commodity-Based Derivative Instruments and Other Securities” or “Trading in Foreign Exchange”. Lastly, we include information on average costs associated with the setup and some major economic indicators of the country.
Belize Forex License
Belize economy
main indicators
| Indicator | Value |
|---|---|
| GDP | $2.83 billion |
| Inflation rate | 4.3% (Jan/24) |
| Interest Rate | 2.25% (Feb/24) |
| Deposit Interest Rate | 2.08% |
| Corporate Tax Rate | 1.75% > 3 million BD 3% < 3 million BD |
| Population | 440K |
| Per capita income | $6,356 |
| Unemployment Rate | 5% (Dec/22) |
| Corruption Rank | 109 |
Latest country updates from IMF
- IMF Executive Board Concludes 2024 Article IV Consultation with Belize
- Belize: Staff Concluding Statement of the 2024 Article IV Mission
- IMF Executive Board Concludes 2023 Article IV Consultation with Belize
- Belize Staff Concluding Statement of the 2023 Article IV Mission
- IMF Executive Board Concludes 2022 Article IV Consultation with Belize
- Belize: Swapping Debt for Nature
- Belize: Staff Concluding Statement of the 2022 Article IV Mission
- IMF Executive Board Concludes 2021 Article IV Consultation with Belize
- Belize: Staff Concluding Statement of the 2020 Article IV Mission
- IMF Executive Board Concludes Article IV Consultation with Belize
Belize Forex License
overview
Average Cost for license
Contact usOffice requirements
YesEmployees required
Yes
Capital Requirements
$500,000Regular reporting
YesPublicly Recorded Info
No
Belize Forex License
How to apply?
For a detailed description of a Belize Forex License you can click here. In a nutshell, documents* required are:
- An accurately completed application form, signed and notarized
- Details and Data on directors and shareholders with documentary evidence of information provided
- Copies of passports, proof of country residence and bank statements separately on each shareholder and director all of which must be notarized
- A CV for each shareholder and director
- A comprehensive business plan
- Clean criminal record from each of the respective countries of origin for each of the directors / shareholders
- Letters of reference from Banking Providers
*this list is not exhaustive
Other than a local Director on the Board, Shareholders and Directors are not required to reside in Belize. Belize is FATCA compliant, but still maintains the discreet handling of banking and transaction details.
Capital requirements are set to $500,000 and there is a yearly renewal fee of $25,000. Regular reporting will include but is not limited to capital, income, as well as the number, volumes and values of all executed trades.
Limitations include no transactions conducted with local Belize entities or individuals and the Belize Dollar should not be a currency offered for trade.
List of brokers currently holding
a Belize Forex License
| COMPANY LEGAL NAME | LINK |
|---|---|
| WINDSOR BROKERS (BZ) LTD. | https://en.windsorbrokers.com/ |
| SCOPE MARKETS LTD. | www.smfx.com |
| SCOPE MARKETS LTD. | www.scopemarkets.com |
| XTRADE INTERNATIONAL LTD. | www.xtrade.com |
| PRIMEXECUTE SERVICES LTD. | https://primexecute.com/ |
| XM GLOBAL LIMITED | www.xm.com |
| XTB INTERNATIONAL LIMITED | www.xtb.com |
| MCM CORP. | https://mcm-corporation.com/ |
| KATO PRIME BELIZE LIMITED | https://katoprime.com/ |
| BRICKHILL CAPITAL LIMITED | https://www.brickhillcap.com/ |
| ROBOFOREX LTD. | www.roboforex.com ------ ROBOFOREX LTD. |
| GLOBAL FINANCIAL CONTRACTS LTD. | https://www.gfcmercado.com/ |
| ANZO CAPITAL LIMITED | https://anzocapital.com/ng?global_access=true |
| APL MARKETS INC. | https://www.apl-markets.com/ |
| ARVIS CAPITAL LIMITED | https://www.arvisfx.com/ |
| ARVIS CAPITAL LIMITED | https://www.investmarkets.com/international/ |
| AXIORY GLOBAL LTD. | https://www.axiory.com/ |
| BAYLINE TRADING LIMITED | https://www.investlite.com/ |
| BAYLINE TRADING LIMITED | https://global.tradeatf.com/ |
| BELFX LIMITED | https://belfx.com/en/ |
| CPT MARKETS LIMITED | https://www.cptmarkets.com/#/home/en |
| FBS MARKETS INC. | https://fbs.com/ |
| FFIN BROKERAGE SERVICES INC. | https://ffin.bz/about/ |
| FINATEQS CORP. | https://superforex.com/ |
| FOREX PRICE MARKETS LTD. | https://forexpricemarkets.com/ |
| FOREXITE LTD. | http://www.forexite.bz/ |
| FX CHOICE LIMITED | https://en.myfxchoice.com/ |
| GENIUS TRADING LTD. | https://www.genetrade.com/ |
| PX EXCHANGE LTD. | https://www.pxexchange.co/ |
| LONDON PRIME LTD. | https://www.thelondonprime.com/ |
*Regulators
CySEC: Cyprus Securities and Exchange Commission / FCA: UK Financial Conduct Authority / DFSA: Dubai Financial Services Authority / DMCC: Dubai Multi Commodities Centre (free zone) / MFSC : Mauritius Financial Services Commission / FSCA: South Africa Financial Sector Conduct Authority.
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