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Thread: Start your own forex brokerage
- 12-27-2010, 05:30 #1
Start your own forex brokerage Hello,
I own a Financial Services Commission (Mauritius) regulated Forex brokerage company. The company is dually registered and licensed to accept client deposits and provide brokerage services (market making permitted).
Exact license type – GBL1.
Mauritius is considered as one of the stricter jurisdictions and not considered as “fishy” jurisdiction by traders of all breeds/sizes. It is not 0% tax but it is still about lowest in the world – 3%
Along with the company, corporate bank acc opening with Mauritius Commercial Bank (biggest bank in Mauritius), goes free of cost (usually charged at $500).
Free inclusions –
Auditing for year 2011.
Registered Office, Registered Agent, Secretary for 2011.
Tax Filling for year 2011
If anyone is interested in setting up the entire business as independent forex brokerage firm, we can set it up for you. It would be in full capability (you can be counterparty for your clients or make the market, provide them STP etc). Platform will be MT4 or MT5 with your company’s brand name.
Depending upon what you are looking for, I have following to offer –
Option 1 - License + bank account - $10,000
Option 2 – Complete Forex brokerage setup - $15,000 (initial), $750 per month.
Option 3 - License + bank account + Forex brokerage setup - $25,000 (initial), $750 per month.
PS:
a) Monthly fees is payable/charged by Metaquotes, not by us.
b) If you proceed to setup your brokerage firm with Boston Technologies, it will cost $10,000 more than what we can do. Also, you will be placed on the same server on which about 12 other brokers will be placed. However, with us, it will be just 1 more broker apart from you (thus better and faster operations).
Interested individuals can contact me at +91-8905697516
- 12-27-2010, 05:32 #2
Start your own forex brokerage Hello,
I own a Financial Services Commission (Mauritius) regulated Forex brokerage company. The company is dually registered and licensed to accept client deposits and provide brokerage services (market making permitted).
Exact license type – GBL1.
Mauritius is considered as one of the stricter jurisdictions and not considered as “fishy” jurisdiction by traders of all breeds/sizes. It is not 0% tax but it is still about lowest in the world – 3%
Along with the company, corporate bank acc opening with Mauritius Commercial Bank (biggest bank in Mauritius), goes free of cost (usually charged at $500).
Free inclusions –
Auditing for year 2011.
Registered Office, Registered Agent, Secretary for 2011.
Tax Filling for year 2011
If anyone is interested in setting up the entire business as independent forex brokerage firm, we can set it up for you. It would be in full capability (you can be counterparty for your clients or make the market, provide them STP etc). Platform will be MT4 or MT5 with your company’s brand name.
Depending upon what you are looking for, I have following to offer –
Option 1 - License + bank account - $10,000
Option 2 – Complete Forex brokerage setup - $15,000 (initial), $750 per month.
Option 3 - License + bank account + Forex brokerage setup - $25,000 (initial), $750 per month.
PS:
a) Monthly fees is payable/charged by Metaquotes, not by us.
b) If you proceed to setup your brokerage firm with Boston Technologies, it will cost $10,000 more than what we can do. Also, you will be placed on the same server on which about 12 other brokers will be placed. However, with us, it will be just 1 more broker apart from you (thus better and faster operations).
Interested individuals can contact me at +91-8905697516
12-27-2010, 11:28 #3Pippier Than Thou!
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Re: Start your own forex brokerage Please do not show this to FXBROKER lol...
12-28-2010, 08:16 #4
Re: Start your own forex brokerage Like me you might well be wondering why all these "competitive Retail Forex businesses" would want to get into the brokerage business in the first place.
______________________
Foreclosure | Reo Foreclosure
01-08-2011, 21:42 #5
Re: Start your own forex brokerage Dude you need millions to really start a real brokerage, not some like, black label affiliate broker.
01-30-2011, 23:07 #6
02-21-2011, 14:42 #7
Re: Start your own forex brokerage I never knew it was that easy.
I assume US clients are excluded from this offer unless they take exams?
02-21-2011, 15:45 #8
02-21-2011, 15:50 #9
02-22-2011, 11:04 #10
Re: Start your own forex brokerage 3% tax is really low though
02-22-2011, 11:05 #11Hindsight Hero!
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02-22-2011, 11:07 #12
Re: Start your own forex brokerage No, Nevada has no state corporate tax, your stillpaying super high federal income tax like 25 percent or more depending on how big your company is
02-22-2011, 11:09 #13Hindsight Hero!
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Re: Start your own forex brokerage You say tomato, I say tomatoe...
The matter at hand here is it wise to try and become a broker, really just an IB for a broker at this point without real knowledge of the market? I guess sales skills could come into major play but being able to answer some basic market questions is vital.
Just makes you wonder how many brokers out there are just IBs for someone else.

"I came to make pips and chew bubble gum...damn, I'm all out of gum..."
-DickP, 2011
02-22-2011, 11:10 #14
Re: Start your own forex brokerage Leave your vegetables in your salad, I'm tellin you straight forwardly that Nevada has tax, no state tax but federal tax still applies. It's common knowledge.
02-22-2011, 11:11 #15
02-22-2011, 11:17 #16Hindsight Hero!
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Re: Start your own forex brokerage Whatever, I'm not a complete idiot, I been around you know?
All I am saying is IB's should be IB's, White Labels should be White labels, but regular people shouldn't think they can start a forex brokerage like FXCM without hitting the lotto, Powerball when its at its highest, not some pick 5. That's the kind of capital you need to start a real broker.

"I came to make pips and chew bubble gum...damn, I'm all out of gum..."
-DickP, 2011
02-22-2011, 11:19 #17Hindsight Hero!
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02-22-2011, 15:38 #18
Re: Start your own forex brokerage Isn't this pretty common guys? White labels, Introducing Brokers and the such? Every industry has a sales force to get people to buy.
"I agree, Obama destroyed Forex in America"
02-22-2011, 15:43 #19
02-22-2011, 15:48 #20
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