--- title: Forex IB & Prop Firm Business in Morocco and Tunisia (2026) description: How to start a forex IB, prop firm or fintech in Morocco and Tunisia: AMMC, Office des Changes, CMF and BCT rules, currency controls, French and Arabic… url: https://www.brokerwhitelabelsolution.com/blog-forex-ib-prop-firm-morocco-tunisia language: en publisher: Broker White Label Solutions --- # Starting a Forex IB or Prop Firm Business in Morocco and Tunisia: Rules, Currency Controls and Technology (2026) By Broker White Label Solutions Team · Published 2 November 2026 · 9 min read [Lire cet article en français](https://www.brokerwhitelabelsolution.com/blog-fr-ib-prop-trading-maroc-tunisie) **Quick answer** In Morocco, capital markets are supervised by the AMMC, banks by Bank Al-Maghrib and foreign exchange by the Office des Changes. In Tunisia, the Conseil du Marché Financier (CMF) supervises capital markets and the Banque Centrale de Tunisie controls foreign exchange, with a dinar that is not freely convertible. Both countries restrict residents moving money abroad for trading, so most local businesses work as IBs, education or prop firms, or technology companies, partnering with brokers licensed elsewhere. French and Arabic portals and support are essential. **Key takeaways** - Morocco: AMMC (capital markets), Bank Al-Maghrib (banks), Office des Changes (foreign exchange). - Tunisia: CMF (capital markets) and Banque Centrale de Tunisie (foreign exchange). - Currency controls in both countries limit residents' foreign trading; take local advice. - IB, education, prop trading and software businesses are the common models. - Bilingual French and Arabic portals, with right-to-left layouts, are a must. **Looking for a prop firm CRM?** Challenges, rule checks and payouts with French and Arabic portals. [Explore prop CRM](https://www.brokerwhitelabelsolution.com/prop-crm) Morocco and Tunisia have large French- and Arabic-speaking audiences interested in trading, strong tech talent and growing fintech scenes. They are also two of the most tightly controlled currency markets in North Africa. This guide explains what that means for IBs, prop firms and fintechs, and how to build the right technology. ## Regulators | | Morocco | Tunisia | | --- | --- | --- | | Capital markets | Autorité Marocaine du Marché des Capitaux (AMMC) | Conseil du Marché Financier (CMF) | | Central bank | Bank Al-Maghrib | Banque Centrale de Tunisie (BCT) | | Foreign exchange | Office des Changes | Banque Centrale de Tunisie | | Currency | Dirham (MAD) | Dinar (TND), not freely convertible | ## What currency controls mean in practice Residents of both countries face limits on transferring money abroad, including for trading with foreign brokers. Breaking these rules can have serious consequences for clients and partners. Before onboarding residents, take advice from a local lawyer on what your model allows, and design your marketing and payments to match. ## Business models that fit | Model | What you need | | --- | --- | | IB for a broker licensed abroad | An [IB portal](https://www.brokerwhitelabelsolution.com/ib-affiliate) in French and Arabic with transparent commissions | | Prop trading firm | [Prop CRM](https://www.brokerwhitelabelsolution.com/prop-crm), challenge rules, KYC and payout controls | | Trading education | Client portal, course access and partner tracking | | Software and fintech | APIs, white label platforms and development partners | | Groups licensed abroad | Serving French-speaking Africa and the Middle East from a licence in Mauritius, Seychelles or the UAE | New to prop trading? Read [how to start a prop trading firm](https://www.brokerwhitelabelsolution.com/blog-how-to-start-a-prop-trading-firm). ## Localisation: French and Arabic - A bilingual [client portal](https://www.brokerwhitelabelsolution.com/trader-room), with right-to-left Arabic layouts. - French and Arabic emails, KYC screens and IB materials. - Support in local hours (both countries are on UTC+1). - Swap-free account options for clients who need them; see [swap-free accounts](https://www.brokerwhitelabelsolution.com/blog-swap-free-islamic-accounts-for-brokers). ## Step-by-step 1. **Choose your model**: IB, prop firm, education or software. 2. **Take local legal advice** on the AMMC, Office des Changes, CMF and BCT rules. 3. **Pick your partners**: a licensed broker, or your own licence abroad. 4. **Localise** portals, apps and support into French and Arabic. 5. **Set up tracking** for partners and commissions. 6. **Launch and grow** with CRM automation and reporting. ## How we help We provide French and Arabic client and IB portals, prop firm software, branded apps and custom development. We do not give legal advice. See our [Morocco](https://www.brokerwhitelabelsolution.com/morocco) and [Tunisia](https://www.brokerwhitelabelsolution.com/tunisia) pages, and our [Egypt page](https://www.brokerwhitelabelsolution.com/egypt) for the wider region. *General information reviewed November 2026, not legal, tax or investment advice. Rules change; confirm your model with qualified local counsel. MetaTrader is a trademark of MetaQuotes Ltd.* ## Frequently asked questions The AMMC supervises capital markets, Bank Al-Maghrib supervises banks, and the Office des Changes controls foreign exchange. The Conseil du Marché Financier (CMF) supervises capital markets, and the Banque Centrale de Tunisie controls foreign exchange. Both countries restrict transfers abroad, so foreign trading is limited. Take local legal advice before onboarding residents. No, the dinar is not freely convertible, which is one reason foreign trading is restricted. Yes. Our client and IB portals support French and Arabic, including right-to-left layouts. ## Related services ### Broker technology in Morocco [View market](https://www.brokerwhitelabelsolution.com/morocco) ### Broker technology in Tunisia [View market](https://www.brokerwhitelabelsolution.com/tunisia) ### Prop Firm CRM [Explore service](https://www.brokerwhitelabelsolution.com/prop-crm) [Book a free consultation](https://www.brokerwhitelabelsolution.com/contact)[More articles](https://www.brokerwhitelabelsolution.com/blog) --- Source: https://www.brokerwhitelabelsolution.com/blog-forex-ib-prop-firm-morocco-tunisia Contact: info@brokerwhitelabelsolution.com | WhatsApp +90 530 107 14 49 Broker White Label Solutions is a technology provider only. It does not provide brokerage, investment or payment services and does not hold client funds. General information, not legal, financial or tax advice.