Guides
MT5 licence and forex licence guides
Practical knowledge from the consultants who prepare MetaQuotes applications every week.
How to Get an MT5 Licence from MetaQuotes in 2026: Complete Guide
Step-by-step: eligibility, choosing a company and jurisdiction, the 10 MetaQuotes documents, website rules, bank reference letter, SumSub verification, licence tiers and realistic timelines.
Read the guideWhat an MT5 Licence Project Costs: The Cost Components Explained
The cost components of getting an MT5 licence: MetaQuotes fees, company formation, FX licence, legal opinion, substance, banking, website and ongoing costs, and what drives each one.
Read the guideWhy MetaQuotes Rejects MT5 Licence Applications (and How to Avoid It)
The most common reasons MetaQuotes delays or rejects MT5 licence applications: unclear ownership, address proof, activity confirmation, bank letter, website inconsistencies and restricted markets.
Read the guideThe 10 MetaQuotes Documents Explained, One by One
A detailed explanation of each of the ten documents MetaQuotes requires for an MT5 licence, who issues it, and the mistakes to avoid.
Read the guideBank Reference Letter for MetaQuotes: What It Must Contain
How to obtain the corporate bank reference letter MetaQuotes requires for an MT5 licence, what it should say, alternatives such as certified statements and PSP letters, and banking tips for brokers.
Read the guideHow to Choose an Offshore Jurisdiction for Your Forex Brokerage
The criteria for choosing a forex licence jurisdiction: target clients, recognition, speed, substance, capital, tax, banking and MetaQuotes acceptance, applied to Mauritius, the Bahamas, Comoros and Saint Lucia.
Read the guideOpening a Bank Account for an Offshore Forex Company
How offshore forex and brokerage companies open corporate bank and payment accounts: what banks ask, how the jurisdiction affects onboarding, and how to prepare.
Read the guideRegulated vs Offshore Licence vs No Licence: Which Is Right for MT5?
The differences between a regulated forex licence, an offshore licence and an unlicensed IBC for an MT5 business: recognition, cost, speed, obligations and who each suits.
Read the guideForex Licence and MT5 Licence Timelines by Jurisdiction
Realistic timelines for company formation, forex licensing and MT5 licence applications in Saint Lucia, Comoros, Mauritius and the Bahamas, and what slows each one down.
Read the guideMauritius Investment Dealer Licence: A Guide for Forex Brokers
How the Mauritius FSC Investment Dealer licence works for FX/CFD brokers: categories, GBC, substance, officers, capital, documents, timeline and using it for an MT5 licence.
Read the guideBahamas Securities Dealer Registration for Forex Brokers
How forex and CFD brokers register with the Securities Commission of The Bahamas under the Securities Industry Act 2024: requirements, substance, capital, tax and timeline.
Read the guideComoros (Mwali) Brokerage Licence: Facts, Process and Recognition
An honest guide to the Mwali (Mohéli, Comoros) International Brokerage licence: activities, documents, timeline, stated capital, annual renewal, recognition issues and use for an MT5 licence.
Read the guideSumSub Verification for a MetaQuotes MT5 Licence: Step by Step
Who completes SumSub for an MT5 licence application, what documents and checks to expect, common reasons verification fails and how to prepare the signatory and UBO.
Read the guideWebsite Compliance Checklist for a MetaQuotes MT5 Application
What your broker or prop firm website must show before MetaQuotes approves an MT5 licence: company details, addresses, contacts, risk warning, jurisdiction disclaimer, domain ownership and consistency.
Read the guideMT5 vs MT4 Licence: Why New Brokers Can Only Get MT5
Why MetaQuotes no longer sells MT4 licences, what that means for new and existing brokers, and the practical differences between MT4 and MT5 for a brokerage.
Read the guideProp Firms and MT5: What Happened and How Firms Regained Access
Why MetaQuotes cut off prop trading firms from MetaTrader in 2024, how firms regained MT5 with their own licence, and what a prop firm needs for a successful application.
Read the guideLegal Opinion for a Forex Broker or Prop Firm: What It Must Say
What a legal opinion or representation letter for an MT5 licence must confirm, who issues it, when you need one instead of an FX licence and the mistakes that weaken it.
Read the guidePayment Providers (PSPs) for Forex Brokers and Prop Firms
How forex brokers and prop firms accept deposits and fees through payment service providers: card acquiring, alternative payments, what PSPs ask for and how a PSP letter supports an MT5 application.
Read the guideAnjouan vs Mwali Forex Licence: Comoros Offshore Licences Compared
A clear comparison of the Anjouan (AOFA) and Mwali (MISA) offshore brokerage licences in the Comoros: authorities, speed, requirements, recognition issues and which to choose.
Read the guideGet your own MT5 licence with a clear plan
Tell us your business model and target markets. We will recommend the right jurisdiction and send a fixed, itemised quote.