FX Brokerage or Market Making Firm
Secqoia helps you obtain your FX Brokerage or Market Making Firm License in record time, subject to efficient interaction and coordination with the shareholders/directors of the proposed IF; this translates into efficient completion of the relevant application form and submission of all required documentation to the Competent Authority.
“Do not be misled by competitors who overprice their services by embedding unfounded and unjustified guarantees in their quotations.”
Secqoia and its Competent Professionals Team (CPT)
Secqoia has the ethical responsibility to assure you that there are no guarantees in attaining your FX Brokerage or Market Making Firm License. Nevertheless, subject to successful completion of the required due diligence process by the relevant Competent Authority, your FX Brokerage or Market Making Firm License will be granted. This shall be the case when an authority receives proper and accurate information/documentation, when the shareholders and the directors of the proposed IF are persons of adequate credibility and when there is genuine interest from all stakeholders for things to be performed in an ethical manner.
We are here to help you through the tedious authorization process, and speed things up. This we guarantee.
Our ultimate goal is not to become rich by overpricing our services. Secqoia targets to support and improve the industry by helping new participants to enter the market, raising the level of competitiveness, by assisting existing market participants to optimize their policies and procedures (something that improves the overall quality of service enjoyed by clients), by efficiently extending the license of FX Brokerage or Market Making Firms (authorized as CIFs or IFs) for the provision of additional investment services and activities, and by upholding the ethical rules governing the investment profession. The latter is the driving force of our highly competitive pricing.
Depending on the choice of investment and ancillary services that you wish to offer to your clients, the Company’s business model must be structured accordingly.
You can read below a few recommendations (note that your company’s business model can be tailored to suit your needs):
Reception & Transmission of Orders (STP model) without holding clients’ funds
Investment Services
- Reception & Transmission of Orders
Ancillary Services
- Foreign Exchange Services where these are connected to the provision of investment services
- Granting credits and loans to clients
- Investment research and financial analysis
Minimum initial capital required: EUR 125,000*
*Member States may reduce the amount to EUR 50,000.
Broker Model including holding of clients’ funds
Investment Services
- Reception & Transmission of Orders
- Execution of Orders on behalf of Clients
Ancillary Services
- Safekeeping and administration of financial instruments
- Foreign Exchange Services where these are connected to the provision of investment services
- Investment research and financial analysis
Minimum initial capital required: EUR 125,000
Market Maker / Liquidity Provider Model
Investment Services
- Reception & Transmission of Orders
- Execution of Orders on behalf of Clients
- Dealing on Own Account
Ancillary Services
- Safekeeping and administration of financial instruments
- Foreign Exchange Services where these are connected to the provision of investment services
- Investment research and financial analysis
Minimum initial capital required: EUR 730,000
Despite the fact that our pricing is, most probably, the best in the industry, we are committed to provide you with a beneficial counteroffer in case you receive a better offer from any other firm.
Regarding licensing/authorization, registrations, and extension, of a Forex Brokerage or Market Making Firm, please feel free to contact us.
Our team is also able to provide you with a full range of post-authorization services related to complete regulatory coverage and support, including but not limited to the following: