Hi
I am trying to evaluate the advantage/disadvantages associated with starting my brokerage using an open source platform, specifically, M4 " Not MT4"
http://www.m4platform.com/brokerage.aspx
the advantages is quite obvious. However, selecting a trading platform other than the most popular one would bring some risk.
Also, M4 seems not a complete suite that will require a considerable degree of on-going development. I have seen some reputable and successful brokerages have their own platform such as Duka "jforex" , Oanda"fxTrade". Thus, having a private brand platform has nothing to do with the success of a brokerage.
No bias here to any direction. I am just trying to find out if it would be a good decision for me or not. Specially, i am not a programmer myself.
Your input is much appreciated.
Thanks
I am trying to evaluate the advantage/disadvantages associated with starting my brokerage using an open source platform, specifically, M4 " Not MT4"
http://www.m4platform.com/brokerage.aspx
the advantages is quite obvious. However, selecting a trading platform other than the most popular one would bring some risk.
Also, M4 seems not a complete suite that will require a considerable degree of on-going development. I have seen some reputable and successful brokerages have their own platform such as Duka "jforex" , Oanda"fxTrade". Thus, having a private brand platform has nothing to do with the success of a brokerage.
No bias here to any direction. I am just trying to find out if it would be a good decision for me or not. Specially, i am not a programmer myself.
Your input is much appreciated.
Thanks
Skype: tlcodelearncircle