Broker Job!

Thesedays, we are witness of the birth of new brokers in forex.

In spite of many years in forex, I did not try to do this, and do not know how hard is it.

Could you please share the processes for starting a broker..... ?

You mean introducing broker or the standard broker?

If you mean the first one, I think you should focus on providing value-added service to potential clients, like offering trading tutorial/classes, trading strategy, sort of. Then pick up a honest and reliable FCM to start your business. Btw, you'd better set up a website.

If you mean the latter, I don't know what's your backgroud. LOL
As long as you have enough money, you can establish your own bucket-shop like white-label solution. Then register your business in an off-shore jurisdiction, place advertisments, you know, you are already sitting on a gold mine

Good luck.

thanks for useful info

could you quote an approximate for the initial money needed for the second case ?

and in first case, where is the best place to find databases ?

for the seconed case, 1 million is necessary, the more the better.

for the first part, you can do due dilignence research on FF and Google.

regards
mike