Key takeaways
- Saint Lucia: about two weeks to a complete MetaQuotes file.
- Comoros: about three to four weeks.
- Mauritius: typically four to eight months; the Bahamas six to seven.
- MetaQuotes review time comes on top and depends on file quality.
Timelines
| Route | Company | Licence | MetaQuotes file |
|---|---|---|---|
| Saint Lucia IBC | 3–5 business days | — | About 1 week |
| Comoros (Mwali) | Up to 4 business days | About 2 weeks | About 1 week |
| Mauritius FSC | With application | 4–8 months | 1–2 weeks |
| Bahamas SCB | With application | 6–7 months | 1–2 weeks |
What causes delays
- Incomplete or uncertified KYC documents.
- Bank onboarding.
- Regulator questions on business plans and officers.
- Website changes late in the process.