Forex & CFD brokers
Cascading MIDs, DCC, and chargeback intelligence calibrated for regulated and offshore broker-dealers.
Overview
Whether you operate under CySEC, FSA Seychelles, FSCA or as an unregulated principal, we underwrite the business — not the template. Our risk team has placed billions in FX volume since 2014.
What's included
Underwriting documents
A closer look
Forex brokerages combine three factors that traditional acquirers struggle with: high average ticket size, deposit-then-trade business model that creates apparent buyer's remorse, and a chargeback right-of-recourse that issuers apply liberally under reason code 13.5 (service not as described). The result: cascading MID terminations and ever-rising reserves at any processor without a vertical-specific risk model.
We deploy a portfolio of MIDs — typically three to six per merchant — across regulated and offshore acquirers, with smart routing that sends each transaction to the bank with the highest authorisation likelihood for that issuer BIN and geography. Each MID has its own descriptor, its own approval profile, and its own reserve tier. If one MID is rate-limited or terminated, traffic shifts in real time without merchant intervention.
Every transaction is scored on submission and re-scored on capture. Pre-dispute alerts via Ethoca and Verifi catch ~38% of brewing chargebacks before they reach the issuer. Our representment team has a 61% win rate on contested cases — among the highest in the vertical — using compelling-evidence packages aligned to Visa CE 3.0 standards.
Banking partners
Acquirers across Malta, Cyprus, Bulgaria, Switzerland, Mauritius, Curaçao, the EEA and offshore. Tier-1 PSP relationships for retail flow.
Regulatory backdrop
MiFID II and CySEC for EEA; FCA for UK; ASIC for Australia; FSA Seychelles, IFSC Belize and SVG for offshore. Treat the regulator as a partner — your licence is your moat.
From application to first transaction
Day 0
Submit your application via our secure portal. A named risk officer is assigned within four working hours.
Day 1–3
We pre-screen your documents, surface gaps early and request only what's missing — no document fishing expeditions.
Day 3–10
Our risk committee reviews your file: corporate, financial, compliance and operational. Pricing is calibrated to the evidence.
Day 10–18
We negotiate placement with acquiring partners best matched to your geography, vertical and volume. MIDs are provisioned in parallel.
Day 18+
Sandbox keys on day one of placement. A dedicated integration engineer pairs with your team until first live transaction.
Portfolio KPIs
vs. prior processor, first 90 days
blended across portfolio
files delivered on schedule
merchant-initiated, T+0 in dashboard
Questions specific to Forex & CFD
Yes, on a case-by-case basis where the entity is structured offshore, marketing is geofenced and your client agreement is enforceable. We routinely decline structures targeting EEA retail without a licence.
Yes. We've built a specific risk model for evaluation-fee businesses — the descriptors, MCCs and dispute handling differ materially from B-book brokerage.
Yes. We offer card-to-crypto on-ramps and direct USDT/USDC deposit-receive flows for clients who hold a VASP licence or comparable registration.
Ready when you are
