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EN#0109 – MAS Capital Markets Services (CMS) license entity for sale (FX)

Α Monetary Authority of Singapore (MAS) CMS license entity by has become available for sale. This is a unique opportunityonly 35 entities are allowed to conduct leveraged forex, and MAS does not issue CMS FX License out easily. This is a rare license, in one of the most reputable jurisdictions, regulated by one of the most reputable regulators.

The entity is attractive to buyers who want to be a Liquidity Provider servicing the B2B markets or provide FX brokerage services to accredited and high net worth investors.

Possible to apply for upgrade to include servicing retail clients or additional permission to include Fund Management.

Capital Markets Services (CMS) License include the following permissions:

  1. Dealing in Capital Markets Products
    • Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign Exchange Trading;
    • Over-The-Counter Derivatives Contracts.
  2. The Entity also received Exempt Financial Adviser status and is allowed the following exception:
    • Advising on Investment Products i. Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign Exchange Trading;
    • Spot Foreign Exchange Contracts other than for the Purposes of Leveraged Foreign Exchange Trading;
    • Over-The-Counter Derivatives Contracts.
  3. License Limitations:
    • Able to provide services to High Net Worth Individuals.
    • Able to provide services to Professional Clients/Institutions.

Additional entity and transaction key information:

    • The Entity has a clean client record with no open or unresolved legal issues.
    • The Entity does not have local directors or licensed representatives, and we are able to assist in the hiring process.
    • The Buyer will have the choice of taking over current office location or seek new premise and we are able to assist.
    • The reason of the entity being sold is change of business focus.
    • Purchase price of the entity comes with the following:
      • 1 x Operating Bank Account
      • 1 x Clients’ Assets Holdings Bank Account
      • 1 x MetaQuotes MetaTrader 5 (MT5) license
    • The entity is currently only holding the minimum capital requirement to keep the license active for now which is SGD 2,250,000.
    • Entity has a clean record, as there are no complaints filed against it
    • The monthly cost of operation would be approximately SGD 80 – 100,000, depending on the employees hired after the transfer and the market rate as of that point. At the moment there’s only the remaining shareholders and directors (individuals) in place to hold the license.

Other Singapore and MAS CMS Forex License Features and Benefits

    • Low Corporate Tax of 17%.
    • No withholding tax on dividends and interest.
    • Singapore is the most politically stable country in Asia.

For further information of the sale, please contact us at info@salvusfunds.com

More entities for sale can be found within our Entity Acquisition or Sale service.

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