SEC Thailand
Grade B
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Requirements to get licensed
License requires
Brokerage/ Consultant/ Advisory Service for Trading in Securities
- The shareholders and directors must have no criminal records.
- There must be a paid-up charter capital of $500,000.
- Annual fee payments of $25,000.
- The forex brokerage must possess a physical office in Belize.
- One of the directors must be a resident of Belize.
- Reporting requirements must be fulfilled. Such reporting requirements include the provision of monthly statements to the customers.
Documents require
- Government-issued IDs, bank statements, an updated CV and documents showing proof of residence.
- Police clearance certificates, bank reference letters, professional references from a lawyer or accountant and a business plan which also should indicate the target market of the forex brokerage business will be.
About this regulator
The capital market is the main mechanisms that efficiently mobilize, allocate, and monitor the utilization of the economic resources. The capital market links and transfers capital between businesses that need funding both in the public and private sectors with the saving parties who want to invest. This has effectively increased a diversity of alternatives in fund mobilizing and investments. The benefits of capital market are maximized through the contributions to the development of the country's potential and competitiveness, supporting business growth, diversifying risks and creating a ba...
Companies holding this license
190 companies on record. Each links to its verification page.
