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Forex broker Marshall Islands

When choosing a jurisdiction to register their forex broker, entrepreneurs very often choose the offshore jurisdiction of the Marshall Islands. The Marshall Islands are interesting in that the activity of a forex broker is not regulated there and, accordingly, there is no need to obtain a license.

The Marshall Islands are a good choice for starting a brokerage business as the company registration process is very easy and fast, taking up to 7 days. 0% tax and minimum bookkeeping are also an advantage.

Unlike other jurisdictions, a forex broker registered in the Marshall Islands is not required to comply with the requirements for registered capital, local office or employees. All activities of a forex broker are carried out on the basis of the registration of an IBC (International Business Company) in this offshore jurisdiction.

The main advantages of registering a Forex broker in the Marshall Islands are:

  • 0% corporate tax
  • The beneficiary can act as a director in one person
  • No residency requirements for directors/shareholders
  • Quick registration
  • No accounting/auditing requirements
  • There are no requirements for obtaining a license to operate a forex broker