Seychelles

Affordable Licensing: Seychelles is known for offering one of the most cost-effective Forex licenses, making it an appealing option for smaller and medium-sized brokers.

Streamlined Licensing Process: The Financial Services Authority (FSA) in Seychelles has simplified the application process, reducing the time required to obtain a license and start operating.

Global Recognition: While not as prestigious as other jurisdictions, Seychelles is still widely recognized in the Forex industry and offers legitimacy to international brokers.

Low Taxes: Seychelles offers favorable tax conditions for Forex brokers, including exemptions from taxes on foreign-sourced income, making it an attractive financial base for companies targeting international clients.