Most of them are only trading with reputed brokers around the world.
So if you decided to provide forex brokerage services, in order to build a strong client base, you need to be regulated.
Statistics suggest that traders feel more comfortable in trading with regulated brokers since they know they have to maintain a minimum benchmark in this industry.
Forex Brokerage Regulation
However, if you are relatively new to the forex brokerage business you can go for the offshore regulatory bodies in the initial stage – like IFSC (Belize), VFSC (Republic of Vanuatu), FSA SVG (St. Vincent and the Grenadines).
Once you start making some profit you can go for the US FX regulatory bodies which fall under CFTC. Indeed, US regulation is one of the hardest to successfully obtain.
If your business operates in the UK then you can also go for the most prestigious FCA regulation which will uphold your brand identity to a great extent.
Forex Education - Basics:
Free Forex eBooks:
Forex Education - FX Brokers:
Forex Education - Technical Analysis:
Forex Education - Money Management:
Forex Education - Psychology:
Other trading tools: