Compensation and refund

The requirements for obtaining a license in each jurisdiction are different and significantly affect the estimated scope of work and the list of services that the license holder has the right to offer to its customers. In the most general terms, the applicant for a brokerage license must comply with the following minimum requirements:

1. The size of the share capital of the company receiving the license (if only a legal entity can obtain a license for financial activities);

2. The presence in the organization of a certain number of employees (director, aml-officer, accountant);

3. Individuals are sometimes required to provide information on the status of a bankrupt;

4. Payment of state fees of 250,000 euros;