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- Mandarina replied Dec 9, 2014
Regarding incorporating in Cyprus, although CySEC is a quite good regulator, there is not the same level of protection than the one offered by the FCA. They have a capital requirement of €200,000 just to keep it in a bank account a part from the ...
- Mandarina replied Dec 9, 2014
The capital requirements would be to incorporate in the UK, regulated by one of the best regulators in the world. I could start a brokerage for a lot less if I considered incorporating in some other countries like Mauritius (regulated too), it would ...
- Mandarina replied Dec 9, 2014
The preferred location would be the UK, regulated by the FCA. The "B plan", as capital requirements needed to incorporate in the UK are pretty high, would be starting in another country like Mauritius where it is cheaper to incorporate, willling to ...
- Mandarina replied Dec 9, 2014
Right now the interbank rate I see for XAUUSD is 1.5 pips so the final spread would be 1.6 pips in this particular case. In the case that interbank spread was 2 pips, the spread to the final customer would be 2.1 pips and so on. Yes, our server ...
- Mandarina replied Dec 8, 2014
The best leverage I have found is 1:200, although I will keep working to get more leverage. Regarding US customers, they would be out of our reach as the regulatory body asks for $20 millions. So our clients could be people or institutions from all ...
- Mandarina replied Dec 3, 2014
Hi mates, I have been taking a further look about a brokerage like that and it seems there could be a way to run it being profitable. I will keep you updated if there are news about that. Best Regards.
- Mandarina replied Dec 2, 2014
Hello Domingo, both are offering copytrading. In websites like that people can browse account managers and their performance so they can subscribe to their trades and make the same trades automatically on their own broker account according to the ...
- Mandarina replied May 3, 2014
Maybe commissions for affiliates or IB should not be offered... I'm not sure. We should be chosen by new traders because they heard good comments about us rather than finding links in scam reviews websites. What do you think?
- Mandarina replied May 2, 2014
You're right, but I think that there should be paid professionals. It does not mean we could help with our free time contributing to something different, but I think this should be as professional as possible to become more trustworthy. All ...
- Mandarina replied May 1, 2014
I think the most important part is to be as transparent as possible, to avoid any temptation.
- Mandarina replied Apr 29, 2014
Yo the man!! That kind of attitude is what I wanted to see!!! They will never want to lose their privileges so the ones who must take the first step are ourselves!! I'm totally a beginner. But not ashamed of it. I started trading demo ...
- Mandarina replied Apr 28, 2014
Now this list looks pretty good. What do you think?
- Mandarina replied Apr 27, 2014
Great!! It starts to become interesting... It seems you like this discussion, maybe we could have a deal someday A leverage of 1:500 is certainly what I was thinking about as an acceptable. I have seen brokers offering up to 1:2000 ...
- Mandarina replied Apr 27, 2014
Thank you for your comments, nice to know you enjoyed this thread xredburn, I hope you all enjoy it as well as any other threads I could make in the future Mevo, I heard about LMAX before and checked their site again after reading your comment, ...
- Mandarina replied Apr 12, 2014
Hi Eitan, I will check that out!! Just wishing your system is not another scam and you don't dissapear when bad times comes out.. God bless you buddy!!
- Mandarina replied Apr 11, 2014
I can't see Trade Explorer. Where has it gone?
- Mandarina replied Mar 29, 2014
Interesting... Would you recommend me some books or something to know more about this? I confess it seems pretty stupid but I'm attracted to uncommon things.. I'm open-minded and I'd like to give it a try. Never knows when you can find something ...
- Mandarina replied Mar 26, 2014
Yep!!!! A little live account with 200€ to see how it performs with real money!!!!
- Mandarina replied Mar 26, 2014
Hi Pat, so have you decided how much it will cost? I just can't wait to buy it!!!!!!!!!
- Mandarina replied Mar 26, 2014
Hi Robin, what was your starting capital to place that trades?