Forex4you obtained a license to work on the Belarusian forex market

14-07-2021

After 14 years since its foundation, Forex4you broker obtained a legal license to work in Belarus. The license was issued to the company after the establishment of its official representative office on the territory of the Republic. 

Forex4you Ltd. is included in the register of Forex brokers and has the right to legally provide services to customers in the Belarusian Forex market. Only the registered companies are entitled to carry out such activities on the territory of the Republic of Belarus. In accordance with the current legislation, the broker is obliged to get a certificate of the National Bank of the Republic of Belarus about inclusion in the register and to transfer the contribution of no less than $55,000 to the guarantee fund. The Belarusian Forex4you site is still being developed, so traders are not yet able to register. 

Obtaining a license guarantees the company’s clients financial security and solving conflicts at the legislative level. Representatives of financial regulators confirm that forex brokers, included in the state register, have passed the software test, provide financial statements and have a security capital on accounts in Belarusian banks. 

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