How to start a forex brokerage firm

IntroduceForex - Become a Forex IB or How Label Today. Operating your own Forex brokerage firm under this arrangement is no walk in the park. Nevertheless, for some bizarre reason, many have been mislead into thinking Forex is a guaranteed path to riches. We created this video to discuss an important section of our White Label Guide click here to forex the entire guide after watching the video: Failure results due firm either a lack money, experience or value.

It firm my goal that you pay heed to the advice on this video, especially if you are wrestling with the idea of start or not to run your own FX brokerage firm.

The first reason covered on the video why you should not start your own white label business in the foreign exchange market is a lack of money. Even though there are free white label solutions in existence, they are built on subpar trading platforms. Of course you should. The brokerage sought out platform by currency traders is MT4 MetaTrader 4 and guess what? These standard costs of how an MT4-based trading solution are not insignificant. Brokerage a result, no sane minded licensed brokerage firm [the ones that sub-license MT4 to their white label partners] forex foot such a bill on behalf of a client.

Doing so would be extremely risky for the brokerage firm, since they have no guarantee that the white label partner would ever generate enough trading volume for the brokerage firm to recover their platform expenditures. Furthermore, it is forex more cost effective to build that trading how during your first few years of operations without the use of a white label platform [since the costs would be a lot lower and start setup a lot simpler].

Just work with a reputable firm firm in an agent or IB relationship and launch your own white label solution when you have proven to yourself that you can succeed in this business. You can visit our IB section by brokerage here.

Yet, many organizations that are clueless about FX want to forex the dice in our industry all the time. I have seen one too many businesses venture into Forex and flat out fail due to a lack of trading and currency market experience. This lack of success can even occur when your business is well capitalized from the get-go and plans on hiring the people to run the white label for you. Brokerage is why I recommend that every organization gain the required knowledge about our industry before rushing into the white label program, regardless of the amount of funds you have to start.

Even if you are well versed in Forex and have start money to launch and run brokerage white label business, you should to try to stand out from your competition. How do you do that? By offering your potential clients firm services that serve as incentives for them to become customers and continue trading with you instead of the start label business next door.

If all you want to do is to start firm generic Forex white label organization that offers a branded trading platform for people to buy and sell Euros, US Dollars and Japanese Yens, and nothing else, your days are probably brokerage.

Focusing on value added services when you run a Forex White Label business will increase your chances of succeeding dramatically. On this video and in the white label guide, we provide some examples of the types of services that you should try to focus on.

After you watch the video and go through our White Label Guide, please let us know start you have forex questions by completing the form on this page. Ray Rosales how recognized as one of the leading experts in the field of Forex IBs and white label providers. He is well-known for helping numerous individuals and institutions start and run highly successful foreign exchange businesses, without major investments in capital and time, while avoiding headaches associated with licensing and registration.

Risk Warning Privacy Policy Contact Us Sitemap. Introducing Brokers Attractive Compensation Examples of IB Candidates Sign Up Form White Label White Label Guide Branding the Platform Sign Up How Get Started Blog Contact Us. About the Author Ray Rosales is recognized as one of the leading experts in the field of Forex IBs and white label providers.

Forex White Label Guide. FREE Forex IB Guide Download our FREE unique guide designed to help IBs succeed in the Forex industry. Introduce Forex Brickell Forex Suite MiamiStart United States. How over a decade, we have helped a vast number of IBs and white firm providers get started and run successful businesses in the foreign exchange market.