Frequently Asked Questions
Check out our frequently asked questions below to find the answer you are looking for. If you still can’t find your answer, please contact us.
What do you need to become a Forex Broker?
- Registered company
- Trading Platform with Client Office
- Payment solution to accept deposits
- Website to build traffic to your Broker
What should I know before I start my own brokerage?
As in every business, it’s good to have basic knowledge of how forex market works. You can take advantage of our Guides for Brokers where we explain step-by-step every aspect of running your own forex brokerage. We also provide full support for our Clients.
How much does it cost to become a broker/ how much funds do I need to invest in becoming Forex Broker?
For startup Brokers seeking a low-risk solution, it can be as little as $5000 for a turnkey Forex Broker including:
– company registration
– trading platform (web/mobile/desktop) with Client Office CRM
– effective payment solution
– A-Book execution
– and a website
What documents are required to register a company and how long it takes?
Usually, registration takes one week, and you need to provide a few documents as identity proof:
– notarized copy of passport or national ID
– notarized copy of utility bill
– notarised bank or professional reference letter
Do I have to register a company to become a Forex Broker?
Yes. You must register a company; otherwise you won’t be able to sign legal agreements with technology providers (trading platform) and liquidity providers (financial flow/ execution of trades).
Do you offer any marketing services?
For now, we do not offer any marketing services besides providing our clients with a professional website designed to attract forex leads and Match-Trader graphic designs and videos.
How long it takes to set up a full brokerage?
One week on average. Of course, it depends on the setup specification. The whole process takes from 4 days with Crypto Broker Solution on Match-Trader platform, up to 2 weeks for the advanced MT4/5 White Label setup.
Do I need to pay an additional set up fee when upgrading from standard to full package service?
You can always upgrade your package. We do not charge any additional fees for the setup.
How to set up spreads and commissions?
All of our Clients get access to the White Label Admin app where they can set and adjust spreads and commissions. We also cover training and the support of success managers for our Clients to help them set optimal parameters.
What kind of the Liquidity Providers you have in your offer?
We offer access to our aggregated liquidity pool with over 20 liquidity providers, including banks, non-banks and internal ECN trading network to provide bespoke Liquidity for both regulated and offshore Brokers.
What is the difference between A-Book and B-Book income?
A-Book income is solely based on spread and commission markups. B-Book income is based on transactions’ profit and loss balance. It’s higher risk but can be managed by certain risk management strategies.