Wednesday, June 13, 2007

I want to start a Forex Brokarage business.? -

Anyone can guide me to someone who provides currency quotes? I mean someone how can provide data feed and can process transactions. Do you want to have a brokerage business or to be an Introducing Broker (IB)? If you are an IB, you affiliate with an existing Forex trading company and then receive commissions for signing up traders with that company. There is an article about being an IB here: http://www.articlealley.com/article_2429... Many (if not all) Forex companies have IB programs. Here are a couple. http://www.forex-day-trading.com/forex-i... http://www.forex.com/forex_introducing_b... Otherwise, as I wrote in your other question, consider using a white label solution: Try http://www.currenex.com/index.html or http://www.ac-markets.com/partnership/wh... You can search on white label forex software to find more of them. Good Luck! I found these very useful articles when i was looking for some advise on forex trading and also running it as a business. All you need is one good website to give you advise then you can decide if you want to take it to the next level. Its really no use rushing into things and make irrational decisions. Dealing with forex brokers are sometimes risky if you don t know what to look for. My advise is go to http://www.articles.caw2.com and have a look at the articles there. You will then realize the Pros and Cons of forex. This site has sure made my experience a whole lot easier as it entails insight and knowledge before a start of a forex business. best regards, Email fxtrader2005@yahoo.co.uk and i will point you in the right direction.

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