Are you planning to create your own forex and crypto broker? The best way to start is by utilizing one of the most popular software solutions on the market - MetaTrader 4(MT4) and MetaTrader 5 (MT5).
What is MetaTrader?
MT4 and MT5 are the most popular trading platforms developed by MetaQuotes for working on the Forex and crypto market.
Some of the notable features of Metatrader are:
With a separate software terminal, you can directly trade from your browser, tablets or even from your mobile phone.
MT4 offers arithmetic trading features to automate trading operations. Also, trading robots can be activated by downloading free software modules. Additionally, you can even program your own robot with desired functionalities.
MT5 offers similar features as of MT4 with forex trading and exchange which is a more advanced version of the platform.
For obtaining a MT4, a company needs certain requirements as follows:
The first and foremost thing to obtain a MetaTrader license would be buying the license by paying the license fee based on your customized package and by providing the company logo.
You need not own a trading license to buy a trading platform license.
We are here to help you with the registration of licenses in different jurisdictions. Email us at [email protected] to know more.
Post obtaining the licenses and deciding the target market, it is important to focus on tax registration which differs from country to country.
Make sure to have an institutionalized relationship with a payment service provider who could support most payment gateways and most importantly it should be trustworthy.
Though social media marketing is a good approach, it will not get you the number of customers that you are looking for. As clients look for your online presence for which they would do the background check themselves, it is important that you have a business website for your company.
From licensing till social media marketing, LaunchFXM has got you with affordable packages to set up a forex and crypto broker quickly. Check out for more.