Warning: Forex brokerage is a high-risk business
However, the forex brokerage industry is not easy, and many brokers go bankrupt and are removed from the market every year. Therefore, you must assess your own capabilities, avoid high-risk ventures, and manage the company with a suitable business plan tailored to your circumstances to avoid any bankruptcy or failure.
Let's look at this business without any emotions or fantasies and understand that entering this business without a proper plan will surely lead to failure. In the current financial markets, there are companies and individuals who start brokerage systems for you with very low costs, causing very unpleasant events for many individuals, companies, and investors. In fact, what they design for you is nothing but a risky and dangerous casino, deceiving you with large profits, exploiting your system information and your liquidity, leading to your bankruptcy.
So be aware that without consulting experts and without a precise business plan, you can never have a successful forex broker.
To start a forex brokerage business, you must go through 11 stages, with the first stage, consultation, being the most crucial. In this stage, we gather information from you regarding your knowledge about brokerage business, your budget for this business, your expectations over one, five, and ten years from the system, the business model you intend to operate with, the regions you plan to operate in, the trading platform you wish to receive, and whether you currently have customers or not. Based on the analysis of this information, we provide you with a suitable business plan so that you can manage the brokerage safely.