MuliOpening a Forex Brokerage – IronFX
Alex Cohen, from Mauritius a passionate trader and graduate of economics, decided to take matters into his own hands and open a Forex broker. What were the steps involved in making his dream come true?
1.Company Registration
Register and license your company in a jurisdiction that matches your budget and business requirements.
2.Selecting a Bank
Choose your bank and open corporate bank accounts for client deposits and company operations.
3.Website Development
Hire a web designer or reach out to an agency that’ll create one for you. Your website will be the face and money-maker of your brand.
4.Choosing a Trading Platform
Research the best trading platform. There are several modern and cost-effective solutions.
Here's a recommendation for ironfx
5.Setting up an Office
Invest into office space and finally feel like you’re launching your own business! Settle for something that’s within your budget and feels like your second home.
6.Hiring Staff
Start building your team of Forex experts! Hire a strong team to make your business successful!
7.Making Money
Alex Cohen’s first trader was named Yakov Golden, who he’ll forever be thankful for in years to come. Attract your first trader and wait for them to make their first deposit!
