Real brokerage licence in 3–4 weeks
A low-capital path to a real, named, numbered forex brokerage licence. Anjouan covers FX, CFDs, commodities and crypto under a single permission — at €28,000 paid-up capital held in a Comorian bank, with PSP-friendly banking and MT4/MT5 white-label included on our turnkey route.

A real forex licence at the world's lowest capital.
Anjouan sits in a unique sweet spot: a regulator-issued, publicly-registered forex brokerage licence — covering FX, CFDs and crypto — at capital and timeline thresholds otherwise associated with pure-IBC structures.
Real License, Not Just Incorporation
Anjouan grants a fully-fledged Brokerage Licence (Forex/CFD/Crypto) under the Mwali International Services Authority (Anjouan Offshore Finance Authority) — a step above pure IBC structures, with a regulator-issued license number you can publish on your website.
Low Capital With a Real License
EUR 28,000 paid-up capital, held in a Comorian bank account — among the lowest of any jurisdiction that issues a real forex brokerage licence, while still satisfying counterparty and PSP due diligence checks.
Africa, MENA & Asia Friendly
Anjouan is on the Indian Ocean trade route between Africa, the Gulf, and South Asia — culturally, geographically, and regulatorily comfortable for brokers serving MENA, sub-Saharan Africa, and Southeast Asian retail.
Crypto, Forex & CFDs Under One License
The Anjouan Brokerage Licence covers FX, CFDs, securities, commodities and crypto-asset trading under a single permission — no separate VASP or crypto licence required for most business models.
No Local Director Mandate
No requirement for resident Comorian directors or local employees. Founders can run the company entirely with international staff and remote operations, simplifying governance dramatically.
Confidential Ownership
Beneficial owner records are filed with the registered agent and Anjouan Offshore Finance Authority but not publicly searchable — protecting shareholders from competitor intelligence and frivolous lookups.

Strategic Location
On the Indian Ocean trade route — culturally fluent in Africa, the Gulf, and Asia.
Real problems we solve every week.
The four scenarios below cover most briefs we receive for Anjouan engagements. If any of these describe you, we can quote within 24 business hours.
You want a real, named forex licence for your website footer — but Mauritius capital and CySEC timelines (12+ months) are off the table.
Anjouan issues a regulator-named Brokerage Licence in 3–4 weeks at €28,000 paid-up capital — perfect for legitimacy without enterprise-grade outlay.
Tier-1 PSPs and liquidity providers reject pure-IBC setups (Saint Lucia, Belize, Seychelles IBC) as 'no licence, no go'.
An Anjouan Brokerage Licence is a named, numbered authorisation that satisfies PSP, LP, and bank underwriter checklists asking for 'licensed forex broker'.
You operate forex AND crypto and don't want to maintain two separate licences in two jurisdictions.
The Anjouan Brokerage Licence covers FX, CFDs, equities, commodities, and crypto-asset trading under one permission — a single annual renewal, single compliance regime.
Your existing Vanuatu or Belize license is becoming harder to bank, and renewal costs are climbing every year.
Anjouan offers a smoother re-licensing path with materially better banking optics and stable, predictable annual fees published by the Authority.
Anjouan brokerage licence requirements.
Anjouan is deliberately accessible, but it is a real licensing regime. Substance, capital, AML, and a designated Compliance Officer are all genuinely required — here's exactly what you need to bring.
Company Structure
Incorporate an Anjouan International Business Company (IBC) with the Anjouan Offshore Finance Authority. Minimum 1 director and 1 shareholder, any nationality, individuals or corporates.
Capital Requirements
EUR 28,000 paid-up capital, demonstrably deposited and held in a Comorian corporate bank account before the licence is issued. We arrange escrow if your bank account is not yet open.
Directors & Officers
Minimum one director (no residency requirement). One designated Compliance Officer / MLRO required — can be outsourced to our compliance partner during ramp-up.
Registered Office & Agent
Licensed Anjouan registered agent and registered office mandatory — included in every package. Real local presence handled by our partner firm in Mutsamudu.
AML/CFT Framework
Customised AML/CFT manual aligned with FATF recommendations, KYC/CDD procedures, transaction monitoring policy, and a designated MLRO. Templates rejected — manual must reflect your business model.
Business Plan & Financials
3-year business plan, financial projections (P&L, cash flow, capital adequacy), target market analysis, and a detailed risk management framework filed with the application.
Anjouan vs. the alternatives.
Honest, vendor-neutral comparison of where Anjouan fits relative to other forex licensing jurisdictions we work in regularly.
| Jurisdiction | Min. Capital | Timeline | Reputation | Effective Tax | Best For |
|---|---|---|---|---|---|
| Comoros (Anjouan) | €28,000 | 3–4 weeks | Tier-3 with real licence | 0% | Real licence at lowest capital |
| Saint Lucia (IBC) | None | 5–7 working days | Tier-3 OECD whitelist | 0% | Fastest legitimate launch |
| Seychelles (FSA) | $50,000 | 4–6 weeks | Tier-3 offshore | 0% | Established brand recognition |
| Vanuatu (VFSC) | $50,000 | 12–16 weeks | Tier-4 offshore | 0% | Australian-region clients |
| Mauritius (FSC) | $50,000 | 3–4 months | Tier-2 IOSCO | ~3% effective | Banking & DTAA gateway |
| Cyprus (CySEC) | €125k–€730k | 9–14 months | Tier-1 EU/MiFID | 12.5% | EU passporting |
Capital, timelines and tax rates are indicative and subject to change by the respective regulators. Final structure depends on your business model — book a consultation for a tailored recommendation.
Self-managed, fully managed, or full turnkey.
Three transparent paths to a live Anjouan-licensed forex broker — pick the level of involvement that matches your team's bandwidth and your launch deadline.
Self-Managed Licence
- IBC incorporation
- Brokerage Licence application
- Memorandum & Articles drafting
- Registered office & agent (Y1)
- Apostilled corporate kit
- AML/CFT manual templates
- Bank account introductions
- 1 round of regulator Q&A
For founders with their own compliance team and existing banking partners.
Get a QuoteFully Managed Licence
- Everything in Self-Managed, plus:
- Custom AML/CFT manual
- Compliance Officer / MLRO (Y1)
- Business plan & projections drafting
- PSP & EMI introductions (3+)
- Liquidity provider intros
- Regulator liaison through approval
- Apostille & courier worldwide
Our standard package — covers everything from KYC to live brokerage licence.
Get a QuoteTurnkey Launch
- Everything in Fully Managed, plus:
- MT5 white-label setup (1 server)
- Forex CRM (B2Core or equivalent)
- Bridge & liquidity onboarding
- Website (10 pages, multilingual)
- Client portal & KYC integration
- PSP integration (cards + crypto)
- 12 months operational support
Plug-and-play licensed forex brand — open the doors and onboard clients on day 1.
Get a QuoteWeek-by-week roadmap to your licence.
A typical Fully Managed engagement unfolds over 3–4 weeks. Banking and PSP onboarding begin in parallel and complete in weeks 4–10.

Engagement, KYC & Incorporation
Sign engagement letter, collect KYC on all UBOs and directors (passport, proof of address, source of funds, professional CV). Reserve company name with Anjouan Registry, draft Memorandum & Articles of Association, and complete IBC incorporation (~1 week).
Capital Deposit & Application Drafting
Open corporate or escrow account for the EUR 28,000 paid-up capital deposit, obtain proof of deposit letter for the regulator, prepare capital adequacy declaration. Compile business plan, 3-year financial projections, AML/CFT manual, and fit-and-proper documents.
Regulator Filing & Q&A
File Brokerage Licence application with the Mwali International Services Authority / Anjouan Offshore Finance Authority. Handle clarifying questions, supplementary submissions, and director interviews if requested.
Licence Issuance & Banking
Receive Brokerage Licence and certificate. Apostille corporate documents, finalise corporate banking introductions, kick off PSP and liquidity provider applications.
What you need to provide.
A clean, complete document file is the single biggest predictor of a 6-week licence. Start gathering these the moment we kick off the engagement.
Required Documents
- Notarised passport copy (all UBOs & directors)
- Recent utility bill or bank statement (proof of address)
- Bank reference letter for each UBO
- Professional CV / résumé (directors & Compliance Officer)
- Source of funds declaration
- Source of wealth statement
- Police clearance certificate (directors & MLRO)
- Detailed 3-year business plan
- Financial projections (P&L, cash flow, balance sheet)
- Customised AML/CFT policies & procedures
- Risk management framework
- IT & cybersecurity policy
- Capital deposit confirmation
- Beneficial ownership declaration

Ongoing compliance obligations.
The licence is the start, not the finish. Anjouan's reputation depends on operating brokers maintaining real compliance — and we stay with you for all of it.
Annual Licence Renewal
Annual licence fee paid to the Anjouan Offshore Finance Authority, plus registered agent and corporate secretary renewals — commercials are scoped per your structure.
Annual Audit
Audited financial statements filed annually within 6 months of financial year-end. We work with vetted offshore audit firms whose reports satisfy bank and PSP underwriters.
AML / Compliance Reporting
Annual AML compliance attestation by the MLRO, periodic transaction monitoring, and Suspicious Transaction Reports (STRs) where triggered. Annual independent AML review recommended.
Beneficial Owner Updates
BO register must be kept current with the registered agent. Any change in shareholding above 10% must be notified within 14 days, with refreshed KYC on the new owner.
Capital Maintenance
Paid-up capital must remain at or above EUR 28,000, held in a Comorian bank account at all times. Capital adequacy declaration filed annually as part of the audit pack.
Directors & Officers Continuity
Any change in director, Compliance Officer or MLRO must be pre-notified and fit-and-proper checks repeated. We coordinate the substitution process end-to-end.
Common pitfalls we see (and pre-empt).
After 150+ offshore engagements, the same five mistakes account for almost every Anjouan file that goes sideways. Here is how we keep you on the rails.
Treating Anjouan Like a Brass-Plate
Although the substance bar is low, regulator reviews of operating brokers have tightened. Files with no real compliance function or pure-template AML manuals are now flagged for follow-up reviews and licence suspension.
Generic AML Manuals
Banks and PSPs read the AML manual line-by-line. A Saint Lucia template repurposed for Anjouan signals 'high risk' and kills banking onboarding before it even starts. Tailor it to your products and client base.
Capital Routing Mistakes
Capital must be traceable, lawful, and deposited into a bona-fide corporate or escrow account — not retail wallets, crypto exchanges, or unverifiable corporate vehicles. We pre-clear the route to avoid a regulator query.
Banking Conversations Last
Founders often incorporate then start banking outreach in week 6 — by which point the licence is live but banking is months away. Sequence banking introductions in week 1 in parallel with company formation.
Skipping the Compliance Officer
Operating without a designated, qualified Compliance Officer / MLRO is the #1 reason for post-licence enforcement actions. Budget for it from day 1 — outsourced is fine, absent is not.
A consultancy, not a licence mill.
150+ Brokers Launched
Across 15+ jurisdictions, with banking and liquidity preserved through to launch day.
Operator Background
Our team has run brokers — not just advised them. We know what auditors, banks and PSPs actually look for.
12-Month Post-Launch Support
Compliance, banking escalations, regulator liaison — included for the first year on managed packages.
Complete your brokerage setup.
Anjouan forex licence — your questions answered.
Start your Anjouan brokerage licence today.
Tell us about your project and we'll send a tailored proposal — package, timeline, banking shortlist, and a clear capital plan — within 24 business hours.
Or email hello@infytradetech.com