Setting up a FX broker ?

Discussion in 'Forex Brokers' started by Apezeshk, Sep 14, 2005.

  1. Apezeshk

    Apezeshk

    Can anybody give me some advice on how I can setup a Fx broker ? is white labelling a previous broker the way to go ?



    I appreciate any assistance.


    Thanks
     
  2. Truff

    Truff

    Its really easy. You would go through a forex FCM such as refco, fxcm, fxdd, interbank, alaronfx, Gain capital, there are others. They would white label their software for you. You would act basically as an introducer of accounts and would receive your compensation from the spread that the dealing desk makes for every round turn. You will have to have some capital for deposit that would vary.