Offshore Pro Group assists forex brokers, CFD providers, and brokerage startups in obtaining the Comoros International Brokerage License — a fast, cost-efficient, and straightforward route into a regulated international brokerage setup. Since January 2023, the Comoros has attracted strong interest from firms seeking a practical alternative to St. Vincent & the Grenadines and Vanuatu.
Excellent 4,6 out of 5
A concise overview of the key parameters, based on current licensing practice.
License name
International Brokerage License
Jurisdiction
Union of the Comoros
Permitted activities
Brokerage, futures, CFDs, and other activities
Eligible applicants
Local or foreign companies
Company registration time
3–4 weeks (new Comoros company)
License issuance time
From two weeks
Financial guarantee
Minimum EUR 250,000 (regulator may request more)
Blacklist status
Not on EU or FATF blacklists
To confirm which parameters apply to a specific case, Offshore Pro Group provides an individual assessment on request.
The Comoros offers a licensing framework designed for international brokerage operations without the heavier obligations found in more established jurisdictions.
Obtaining a Comoros forex license is a comparatively quick and simple procedure, with license issuance available from two weeks.
Unlike jurisdictions that now demand real local presence, the Comoros imposes no substance obligation, reducing setup complexity and cost.
The Comoros route is materially less expensive than options such as the UK (FCA) or Cyprus (CySEC), which sit outside the price range of most smaller brokers.
The Comoros is not included on EU or FATF blacklists, and its International Brokerage License is a genuine, formally issued license.
Offshore Pro Group notes candidly that the Comoros is a mid-tier jurisdiction — below Mauritius, the Seychelles, the UK, or Cyprus in prestige, and broadly comparable to St. Vincent, with the important distinction that the Comoros issues forex licenses while St. Vincent does not.
Two regulatory shifts redirected the market toward the Comoros.
On 6 January 2023, the St. Vincent & the Grenadines Financial Services Authority issued a memorandum requiring forex companies to demonstrate that they are regulated in another jurisdiction, with a tight deadline cited as 10 March 2023. Firms not regulated elsewhere face the prospect of ceasing operations or significant penalties.
New substance requirements have made Vanuatu an over-valued jurisdiction for a forex license, prompting even the firms that traditionally favored it to look elsewhere.
For St. Vincent companies needing to show regulation in another country quickly — where the FCA and CySEC are out of reach and Vanuatu has become too demanding — the Comoros emerged as the practical alternative.
Offshore Pro Group recommends the Comoros International Brokerage License primarily in two situations:
St. Vincent companies that need to demonstrate regulation in another jurisdiction within the required timeframe.
New brokerage startups seeking an accessible, cost-efficient entry point into a licensed international brokerage setup.
The license is also relevant for white-label projects looking for an affordable base of operations. It suits brokers whose clients are comfortable dealing with the firm online without particular concern for the underlying jurisdiction.
The Comoros forex license is officially the International Brokerage License and authorizes several activity types:
The license may be issued to a local company or a foreign company. A St. Vincent firm, for example, can obtain the license directly on the Comoros or establish a local subsidiary or sister company.
The Comoros grants a genuine international brokerage license, and applicants are subject to active rules. Due diligence is more rigorous than in St. Vincent, which historically did not regulate the forex business at all.
A licensed company — either a new Comoros company or an existing foreign company — with the option of a local subsidiary or sister company.
New Comoros company registration takes 3–4 weeks.
Full KYC on all directors and owners.
An AML policy manual, including a general compliance policy.
Financial guarantees (see the dedicated section below).Offshore Pro Group confirms the exact requirements for each applicant during the initial assessment.
A structured checklist of the documentation involved in a Comoros forex license application:
Applicants who do not yet have a business plan or compliance policies can have these prepared from scratch.
The financial guarantee is a central requirement and can be satisfied in one of three ways:
A cash contribution made through the regulator. This is the least attractive option.
Issued by an insurance company. Some providers offer this service for a percentage of the guarantee sum — the exact figure is negotiable but is typically around 10% per year. A precise quote requires the business plan to be submitted to the insurer first.
Provided by a recognized, solvent third party in another country — usually a bank.
Minimum guarantee amount: EUR 250,000.
After reviewing the business plan, the regulator may, at its discretion, request a larger guarantee.
A clear, staged path from assessment to license issuance.
Offshore Pro Group reviews the company (if it exists), its directors and owners, the intended business, and existing documentation.
Registration of a new Comoros company (3–4 weeks) or use of an existing foreign company, with the option of a local subsidiary or sister company.
KYC, business plan, AML/compliance policies, and the application form are prepared or reviewed.
Selection and arrangement of the guarantee route (cash, local insurer, or international bank guarantee).
The application is submitted and undergoes the Comoros due diligence review.
The International Brokerage License is issued — from two weeks.
Offshore Pro Group provides professional support throughout the Comoros forex licensing process.
With the regulator able to request more after reviewing the business plan.
For a new Comoros company.
Because the financial guarantee route and final regulator requirements depend on the business plan and applicant profile, an exact, itemized quote is provided during the consultation.
Interest in Comoros forex licenses has attracted fraudsters with no genuine connection to the islands, who have created clone websites imitating the regulatory authorities and sold fake forex licenses.
The historical instability and jurisdictional disputes on the Comoros created confusion over who is genuinely entitled to license offshore businesses — confusion that bad actors have exploited. Working with an experienced advisor is the reliable way to secure a legitimate International Brokerage License rather than a counterfeit.
Offshore Pro Group has followed the Comoros licensing question since its earliest days and guides applicants to a genuine, formally issued license.
Offshore Pro Group offers end-to-end professional support for licensing a forex company on the Comoros:
Assessment of the company, its directors, and its owners, and confirmation of the applicable requirements.
Company formation on the Comoros, or structuring through a subsidiary or sister company.
Preparation of the business plan, AML and compliance policies, and application documentation — whether these already exist or must be built from scratch.
Coordination of the financial guarantee route.
Clients benefit from a structured, professionally managed brokerage licensing project rather than navigating an unfamiliar and reputationally sensitive jurisdiction alone.
It is the International Brokerage License — a formally issued license from the Union of the Comoros that authorizes brokerage, futures, CFDs, and other activities.
Both local and foreign companies. A St. Vincent firm, for example, may license directly on the Comoros or establish a local subsidiary or sister company.
Offshore Pro Group recommends it mainly for St. Vincent companies needing to show regulation in another jurisdiction within the required timeframe, and for new brokerage startups.
License issuance is available from two weeks. Registering a new Comoros company takes 3–4 weeks.
Brokerage, futures, CFDs, and other activities, under the International Brokerage License.
The license can be issued to a local or a foreign company. A new Comoros company can be registered, or an existing foreign company used, with the option of a subsidiary or sister company.
Yes — the license is available to foreign companies, and applicants provide the citizenship and residency details of directors and owners.
KYC for all directors and owners (passport copies, proof of address, professional and bank references), a company bank statement (if incorporated), a business plan, an AML policy manual including a general compliance policy, a completed application form, and financial guarantees.
The minimum is EUR 250,000. It can be met by a cash deposit via the regulator, a local guarantee from an insurer (typically around 10% per year of the guarantee sum), or an international guarantee from a recognized solvent third party abroad, usually a bank. The regulator may request a larger guarantee after reviewing the business plan.
No. The Comoros imposes no substance requirement, unlike Vanuatu’s newer rules.
No — the Comoros is not on the EU or FATF blacklists.
Offshore Pro Group provides end-to-end support: assessment, company formation, preparation of the business plan and AML/compliance policies (from scratch if needed), coordination of the financial guarantee, and management of the application. To begin, applicants provide their company details (and directors’/owners’ citizenship and residency), a one-paragraph business description, and whether a business plan and compliance policies already exist.
