I am trading since 2 years with Mobius trader 7 platform and i was wondering is good idea to become a broker?
Need suggestion from all of you guys
It requires a lot of capital expenses also since it’s an industry with very high competition HR will be a problem, will be difficult to build an efficient team.
Yes you are right. It will require a lot of capital expenses
since i have got promotional mail from one of the company Finovace ,
First month free subscription, just need to pay setup cost
even it workson winodws mac os and linux too, android and mac os app also available
features like CRM, trade’s room, copy trading, psp and IB area , All in one package
so was thinking about this platform
Well, two years into this market doesn’t seem enough. However, do you feel you are ready to take this big a responsibility?
broker is really a complicated issue , generally brokers earn from their trading spreads and some brokers earn from clients deposit .
to become a broker is a general issue but to maintain it consistently is a huge deal honestly speaking.
Actually, i am trading with Mobius Trader 7 from 2 years and before that i was trading with MT4 for 2 years so all over 4 years and i found Mobius trader 7 is good platform and it is available at relatively low cost
so was just wondering about being broker
Hi, good to see another broker in the making. But I do hope you know about the lengthy procedure of getting registered as a broker along with the expenses involved. Also, make sure you convert leads into traders timely and be legit about the withdrawal policies.
It depends on you. If you want to become a broker, you better check the requirements that need to be considered and move accordingly.