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Best Affordable FX Brokerage License Options Today (Budget ~$50K)

gatrader

Active Member
Dec 5, 2021
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dubai
Hi everyone,

I'm currently exploring options for obtaining an FX brokerage license, and I’ve got a budget of about $50k max. Ideally, I’d like to find a jurisdiction where the yearly maintenance costs aren't excessive (10/20k max).

I was initially considering Mauritius, but now I’m not so sure. I've seen that some jurisdictions become quite hyped for a time, only to fade away or become more trouble than they’re worth.

Does anyone have any suggestions for cost-effective licensing options that have some staying power and won't break the bank year after year? Also, I'd love to hear more about any recent experiences with Mauritius or any other up-and-coming jurisdictions.

Thanks in advance for any insights!