Becoming aforex brokerrequires regulatory compliance, financial infrastructure, and market expertise. Here’s a concise breakdown:
1. Understand the IndustryForex brokers facilitate currency trading for clients. You’ll need knowledge offorex markets, leverage, spreads, and trading platforms(like MetaTrader 4/5).
2. Legal & Regulatory ComplianceChoose a Jurisdiction: Regulations vary (e.g.,FCA (UK), CFTC (US), ASIC (Australia), or CySEC (Cyprus)). Offshore licenses (e.g., … Read more