Archer Consultants Successfully attains Bulgarian Forex License

Top Quote Archer Consultants announces successful Bulgarian License issued by the Bulgarian Financial Supervision Commission (FSC) under MiFID for an Investment Intermediary. End Quote
  • (1888PressRelease) November 24, 2015 - Sofia, Bulgaria - Bulgarian Broker and Fund Manager Matador Prime has issued a license under the Bulgarian Financial Supervision Commission (FSC). The license permits Matador Prime to conduct business as an investment intermediary within the European Union and European Economic Area under MiFID. The newly formed broker was assisted by Archer Consultants ( a Corporate, Licensing and Technology consultancy firm that aims its services to the online trading broker.

    Archer Consultants is known mostly for its full turn-key technology and liquidity solutions as well as its extensive knowledge in licensing in different jurisdictions such as Seychelles FSA, Belize IFSC, MiFID (CySec) and NZ FSP. And today, Archer has helped Matador Prime to establish its first Bulgarian Investment intermediary licensed broker under the Bulgarian FSC.

    Mr. Lior Shmuely, founder and CEO of Archer Consultants asserted that "It was a welcome decision to be granted our very first Bulgarian Investment intermediary license under the MiFID regulation. Previously Cyprus (Cysec) has been the jurisdiction of choice for brokers seeking European licenses. Archer Consultants is proud to breakthrough with a legitimate alternative to Cysec with significant advantages to the broker. Bulgaria's location, access to highly educated multi-lingual professionals at a lower cost than most of Europe with a much smaller competition base, have made it an ideal European jurisdiction that allows pass-porting throughout all of regulated Europe under the MiFID mandate." What also makes Bulgaria an attractive destination for business is its low level of costs and taxes that caused an enormous increase of foreign investments in recent years.

    Archer Consultants (Consultants, Technology Solutions) specializes in servicing online trading companies primarily in the field of Forex, CFD and Binary Options Brokers.

    Archer Consultants was formed to be an all in one solution for Forex Broker's needs. From Company formations, Banking Solutions, Payment Services, Licensing and Regulation as well as a Full Turn-Key Technology Solution, including but not limited to designed and fully integrated website with automated payment solutions into the Archer Consultants CRM, multiple trading platforms, Risk Management and Liquidity, integrated Affiliate platforms, VOIP technology and more., Lior Shmuely, CEO Archer Consultants. SKYPE: lior.archer

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