Federal Reserve of SADR Brokerage License

The Basic requirements are:

An applicant for a brokerage license must submit the following information for assessment by the Central Reserve Authority of SADR:

Details of the applicant’s capital structure;

Notarized copies of passport(s) of each beneficial owner/director/shareholder.

Proof of address (Bank Statement, Utility Bill, e.g.) of each beneficial owner/director/shareholder.

Business plan: complete description of activities, financial projections for the next 3 years, description of organizational structures, and details on executive team;

It is required for the business owner, the Board member, the real beneficiary or the proprietor to submit a statement from the penalty register in one’s country of origin or an equivalent document issued by a judicial or administrative authority confirming the absence of penalties for crimes committed against government authorities, money laundering crimes or another deliberate crimes no earlier than three months ago and certified by a notary or in another similar way and legalised or approved by the certificate replacing legalisation (Apostille), unless otherwise provided by an international treaty.

There is an application fee of USD 1, 500.00 which should be send together with application and all requested information. After approving and prepending the license you need to pay cost to Central Reserve Authority of SADR according it fees.

In order to start an application process please download an application form, fill it in the correct way and send it back to info@wsadvisorycorp.com

We assist our clients in every step of the license obtaining process.

Application form

1. Booking the name of the company – 1 day

2. Bank approval: Upon receipt of application fee, approved application forms and KYC documents (scans ok to initiate) – 3-4 weeks

3. When the funds are received and confirmed, the CRA of SADR may take 2 days to register and notarise the license.

What Is Included With Your Forex (Brokerage) License

The registration of the Forex (Brokerage) license

Name check

Legal verification

Company filing to gain legal protection

Preparation and registration of the license application documents

Filing and registration with notary and government officials

Certification by notary

Registration and license certificates

Board meeting minutes documents

Bank account opening resolution

Power of attorney

Director registration

Shareholder register

Our team is professional and experienced and welcome you to use our services!
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