An offshore forex license, also known as a broker’s license, is a license that authorizes a natural or legal person to trade on behalf of third parties. Brokering activity is highly controlled and strictly regulated in all countries.
The choice of the jurisdiction in which to incorporate a broker company or securities agency is crucial, since the requirements and regulations of all offshore countries have become very strict in the last 5 years.
What is a broker license (a securities agency license)? It is an authorization issued by the financial authorities of the country where you have created your offshore company, so that should you lose your investors’ money you are not breaking the law.