Forex Appendix – Forex Definitions: For the purposes of this document, and for an understanding of general industry terms, we have put together a list of terminology definitions: Brokerage = legal entity allowed to open customer accounts and collect customer money. Broker = an employee of the brokerage that is working with a customer. Introducing […]
Before starting a forex brokerage, the investor/investors are facing a difficult decision: to build a forex brokerage house from scratch or to buy an already existing one? There are advantages and disadvantages for both scenarios, so the actual decision should be the result of a due diligence process that will lead to the best course […]
When starting a brokerage business, choosing the trading platform to offer can be a difficult task. A broker should take into account many factors when it comes to the trading platform to offer: to build a new one, to use one that is most popular, or to invent a new concept when it comes to […]
Running a business without targeting the right customers is like driving a car off-road: there’s no clear path ahead, going from A to B is random, and no future plans can be laid off. This is a solid management principle and it is valid in the forex brokerage industry as well. A solid brokerage house […]
The forex brokerage industry is one that is being extremely competitive due to at least two factors: all brokers are fighting for the same clients and there is not much to offer in order to differentiate yourself as a brokerage house that stands out of the crowd. While the main aspect brokers are focusing on […]
Forex trading is one of the most difficult markets to be traded, if not the most difficult one, and being successful is not an easy thing. It may look like being easy, it may be advertised as being a piece of cake, but in reality, traders are struggling a lot before reaching profitability. As a […]
