Forex Broker Licence
Obtaining a Forex Broker Licence in the Czech Republic
- Preparing the forex broker licence application.
- Documentation meeting Czech and EU requirements.
- Filing with the Czech National Bank (CNB) and managing the process.
- Serving clients in other EU and EEA countries under MiFID II.
Under MiFID II, a licence obtained in the Czech Republic can be passported to other EU and EEA countries following a notification. We prepare the application and guide you through the CNB procedure.
Attorney registered with the Czech Bar Association (ČAK).
For a trader wanting access to the Forex currency exchange, the key criterion when choosing a broker is the possession of a Forex broker license.
How to get a Forex broker license in the Czech Republic?
Obtaining a Forex license in the Czech Republic is a great solution if you are looking to work with clients from the European Union and the European Economic Area, which includes Iceland, Norway and Liechtenstein. The legislation of the European Union, in particular the EU Directive On Markets in Financial Instruments (MIFID), more precisely, its updated version – MIFID II, which regulates the work of Forex brokers, permits licensed brokers to offer their services in other European countries, while having a license in one European state. It is only necessary to notify the regulator of the country you are interested in about your desire to develop your activities in its territory; after the notification is confirmed, you can start working.
In any country the procedure for obtaining a Forex license is quite complicated, and you cannot do it without professional help.
Zaripov & Partner‘s specialists will help you to draw up an application for a Forex license and submit it to the Czech National Bank, along with all the necessary documents drawn up in accordance with the requirements of the legislative acts of the Czech Republic and the European Union, as well as oversee the entire process going forward. In addition, thanks to a wide network of foreign partners, you can contact us for advice on obtaining a permit for the activity of forex dealers not only operating in European countries. Contact us – we will help you to solve any issue related to obtaining a Forex license, and we will find the best solution for you.
Our Services
→ Preparing the Application
- Forex broker licence application
- Documents meeting Czech and EU legal requirements
- Review of MiFID II requirements for your business model
→ The CNB Procedure
- Filing the application with the Czech National Bank
- Monitoring the review process
- Responding to CNB queries
→ Operating in the EU and EEA
- Using the Czech licence in other countries under MiFID II
- Passporting notification for other EU and EEA countries
- Advice on permits for forex dealers outside Europe
What We Will Need From You
- A description of the business model and planned services
- Corporate structure and details of owners and management
- Target countries and intended clients
- Existing documents: business plan, internal policies, AML procedures
Contact us for a consultation on obtaining a forex broker licence in the Czech Republic.
Legal Consultation Fee
5 000 CZK (200 €) / hour + VAT
