Regarding incorporating in Cyprus, although CySEC is a quite good regulator, there is not the same level of protection than the one offered by the FCA. They have a capital requirement of €200,000 just to keep it in a bank account a part from the ...

Start up FX broker with 0.1 spread - who wants to join?

The capital requirements would be to incorporate in the UK, regulated by one of the best regulators in the world. I could start a brokerage for a lot less if I considered incorporating in some other countries like Mauritius (regulated too), it would ...

Start up FX broker with 0.1 spread - who wants to join?

The preferred location would be the UK, regulated by the FCA. The "B plan", as capital requirements needed to incorporate in the UK are pretty high, would be starting in another country like Mauritius where it is cheaper to incorporate, willling to ...

Start up FX broker with 0.1 spread - who wants to join?

Right now the interbank rate I see for XAUUSD is 1.5 pips so the final spread would be 1.6 pips in this particular case. In the case that interbank spread was 2 pips, the spread to the final customer would be 2.1 pips and so on. Yes, our server ...

Start up FX broker with 0.1 spread - who wants to join?

The best leverage I have found is 1:200, although I will keep working to get more leverage. Regarding US customers, they would be out of our reach as the regulatory body asks for $20 millions. So our clients could be people or institutions from all ...

Start up FX broker with 0.1 spread - who wants to join?

Hi mates, I have been taking a further look about a brokerage like that and it seems there could be a way to run it being profitable. I will keep you updated if there are news about that. Best Regards.

Utopian Brokerage - improving the FX deal

Hello Domingo, both are offering copytrading. In websites like that people can browse account managers and their performance so they can subscribe to their trades and make the same trades automatically on their own broker account according to the ...

Utopian Brokerage - improving the FX deal

Maybe commissions for affiliates or IB should not be offered... I'm not sure. We should be chosen by new traders because they heard good comments about us rather than finding links in scam reviews websites. What do you think?

Utopian Brokerage - improving the FX deal

You're right, but I think that there should be paid professionals. It does not mean we could help with our free time contributing to something different, but I think this should be as professional as possible to become more trustworthy. All ...

Utopian Brokerage - improving the FX deal

I think the most important part is to be as transparent as possible, to avoid any temptation.

Utopian Brokerage - improving the FX deal

Yo the man!! That kind of attitude is what I wanted to see!!! They will never want to lose their privileges so the ones who must take the first step are ourselves!! I'm totally a beginner. But not ashamed of it. I started trading demo ...

Utopian Brokerage - improving the FX deal

Now this list looks pretty good. What do you think?

Utopian Brokerage - improving the FX deal

Great!! It starts to become interesting... It seems you like this discussion, maybe we could have a deal someday A leverage of 1:500 is certainly what I was thinking about as an acceptable. I have seen brokers offering up to 1:2000 ...

Utopian Brokerage - improving the FX deal

Thank you for your comments, nice to know you enjoyed this thread xredburn, I hope you all enjoy it as well as any other threads I could make in the future Mevo, I heard about LMAX before and checked their site again after reading your comment, ...

Utopian Brokerage - improving the FX deal

Hi Eitan, I will check that out!! Just wishing your system is not another scam and you don't dissapear when bad times comes out.. God bless you buddy!!

Sarkis Ea Launched :)

I can't see Trade Explorer. Where has it gone?

Sarkis Ea Launched :)

Interesting... Would you recommend me some books or something to know more about this? I confess it seems pretty stupid but I'm attracted to uncommon things.. I'm open-minded and I'd like to give it a try. Never knows when you can find something ...

Planetary Cycles Trading (EUR/USD)