Pacific island nation of Vanuatu has emerged as a popular destination for forex brokerage license in the past couple years. The license allows to buy, sell and trade securities like bonds, commodities, CFDs and FX as well as portfolio management on behalf of clients. It typically takes between 4 weeks to 4 months to setup a licensed Financial Dealer in Vanuatu, depending on the agency one uses.
According to my observation, the number of companies registered with Vanuatu Financial Services commission as Financial Dealers increased by 40% in the period of 3 months, amounting to 508 licensees as of January 20, 2017.
