Market Equity has joined the list of Belarusian licensed brokers. Regulators continue allowing new participants to enter the OTC Forex market, despite the difficult geopolitical situation in the country.
Market Equity has become the 22nd licensed broker in Belarus. At the moment the website of the new participant of the OTC market is only being developed and is not fully functioning. Traders are not yet able to log in and start trading through the broker.
Recall that according to the legislation of the Republic of Belarus, only registered companies can carry out brokerage activities in the country. Such legal entities are included in the register of the National Bank. To get a license a new broker must deposit $55 thousand to the guarantee fund. Then the regulator must check the company’s software for compliance with the norms.