What is best trading platform if i want start forex brokerage?

[pamol1912]

I am trading since last 2 years and i am thinking about starting forex brokerage?
I need suggestions and guideline about this.
i have searching quite good trading platform which will best suite for business

Is it good idea to start as a broker?

 

[El Trado]

Oanda, and probably many others, let you start a "white label" version of their platform. It will have your logo, name and so forth, but run their infrastructure.

To start everything from scratch will probably cost you tens of millions in lawyers, compliance and so forth. So if you have to ask here, you probably cannot afford it.

 

[pamol1912]

I have found out about Mobius trader 7 whitelabel trading platform
How about it?

 

[pamol1912]

i have found new trader platform Mobius Trader 7 which has more pre-integrated features like CRM, Trader's Room, IB area, Copy trading and PSP. I have checked that on google,

Need suggestion on this platform

 

[newwurldmn]

What’s the point of starting a brokerage?

Isn’t access to brokers easy enough as it is.

can you monetize the flow from your customers? Is the goal to lower your transaction costs?

 

[pamol1912]

I just wondering about starting brokerage. just need to know is it good idea to start as a broker?

 

[El Trado]

I just wondering about starting brokerage. just need to know is it good idea to start as a broker?

There are hundreds of brokers out there. If you are going to be successful, you need a marketing plan that is better than most others.

So unless you have a few million laying around you can spend on attracting customers, I would think it is a losing proposition

 

[pamol1912]

There are hundreds of brokers out there. If you are going to be successful, you need a marketing plan that is better than most others.

So unless you have a few million laying around you can spend on attracting customers, I would think it is a losing proposition

Ok, thanks for suggestion
but i got to know few good things about Mobius Trader 7

Lots of pre-included features like CRM< trader's Room, IB area, Copy trading and PSP and relatively low setup cost so i was wondering about this trading platform

 

[Riaz_K]

Hey pamol1912,
Could you please tell me about mobius trader 7 platform? is it whitelabel solution ?

 

[hilfspaul]

I have found out about Mobius trader 7 whitelabel trading platform
How about it?

You’re right about Mobius Trader 7. You as a broker will get the opportunity to generate your own algorithm and indicators along with giving a chance to your traders to analyze three different types of charts, trade position, and history. You won’t have to worry anymore about the server failure since these aspects are taken care of by their own team.