Licensed brokers routinely struggle to open and keep corporate accounts, and client money accounts are harder still. A limited group of banks and EMIs will onboard brokers whose licence, ownership and flows are clear.
Licensed forex and CFD brokers often struggle to open and keep corporate bank accounts, and segregated client fund accounts are harder still. A limited group of banks and EMIs onboard brokers whose licence, ownership structure and payment flows are clear. We map your licence and target markets against current provider appetite and introduce you to those that fit, for corporate accounts, client fund accounts where your licence requires them, deposit acceptance and client withdrawals.
Providers' appetite depends heavily on which regulator licenses you, so offshore-licensed brokers see a smaller pool.
Few providers offer segregated or client money accounts to brokers, and those that do apply stricter onboarding.
Card deposits for trading are frequently declined by issuers and acquirers, which hurts conversion at funding.
We introduce brokers to banks, EMIs and acquirers with current appetite for brokerage, matched to your licence and markets.
Corporate multi-currency accountsNamed IBANs for operating funds, supplier payments and payroll.
Client fund accountsSegregated or client money accounts where your licence requires them, with providers that offer them to brokers.
Deposit acceptanceCard and alternative deposit methods through acquirers that approve brokerage.
Client withdrawalsPayout rails for client withdrawals across your main markets.
Providers move fastest when the file is complete on day one. Have these ready before you apply.
Company documentsCertificate of incorporation, registered address and a short description of what you sell and to whom.
Ownership and IDPassport or ID and proof of address for every owner with 25% or more, and for directors.
Processing historyYour last 3 to 6 months of processing statements, if you have them, including chargeback and refund levels.
Bank statementsRecent business bank statements showing how money moves in and out of the business.
A compliant websiteFull company details, terms, refund and shipping policies, and accurate product descriptions.
Volumes and flowsExpected monthly volume, average transaction size, main customer countries and settlement currency.
Licence and complianceYour licence and regulator, AML and KYC policies, and details of your compliance officer.
Full list by sector: high-risk merchant documents checklist →
A licensed CFD broker's corporate account was closed after a periodic review.
A newly licensed broker cannot find a provider offering segregated client fund accounts.
A broker is losing clients at funding because card deposits are declined.
Some can, depending on licence, ownership and flows. Many brokers end up with specialist banks or EMIs rather than high-street banks, which tend to decline the sector.
Some providers work with brokers on reputable offshore licences, but the pool is smaller. Your target markets and compliance set-up matter as much as the licence itself.
An account that holds client funds separately from the broker's own money. Whether you need one depends on your licence, and providers will ask.
Yes, through acquirers that approve brokerage. Approval rates vary by issuer and country, so many brokers combine cards with bank transfer and alternative methods.
It depends on the provider and the completeness of your file. Brokers with licence documents, policies and ownership charts ready move fastest.
Give us the detail upfront (volume, set-up, what has been declined) and we can check provider appetite before we speak. We will assess whether there is a suitable provider match and come back to you directly. No obligation, no hard sell.
Have a client in this sector?If you're an EMI, MSB, payment consultant, or adviser with clients in this space you can't service directly, we have a structured introducer arrangement.