Damon
Founder/Director Pellucid FX
- Messages
- 59
I will know after my training.
I have stats on my cost as a brokerage for example, average spreads on EU is 0.4 pips over the last 250,000 trades So I would need to decide how much to tack on or how much to charge as a commission, I am keeping costs down in order to offer clients a good price, but I still need to consider risk, cost and then profits before I can tell you the spreads.
I can decide on over 70 pairs, I will see what the cost is for specific pairs, are those pairs you asked me about special pairs for some reason?
The swap rates I will increase by less than 10% this will be told to clients. I want to at least foot the bills on buy and hold strategies too, but I need to understand if there is any risk in swap rates to a broker, that way I can incorporate that too.
The Company is in Anguilla, Company #2244508 "PELLUCID GLOBAL SERVICES LTD." It owns pellucidfx.com - Registered at Namecheap.com and is the actual company for what is Pellucid FX
I am working on segregated accounts right now, banks are pretty tough to get into as they have a KYC (Know Your Customer) policy they adhere to, which makes opening new relationships very difficult, once I have some transactions in my company I will be able to get higher rated banks, the one I most want into is Barclay's, they must see transactions first though. I am just signing papers with Laiki Bank, they are the second largest bank in Cyprus... I know CYPRUS!! but at this point I will take what I can get until I prove myself worthy. But I really want to offer segregated accounts before I launch, I will keep you updated on that.
Sorry I can't be much more specific right now, the company making the website for pellucidfx.com - Registered at Namecheap.com is dying for content too, but I don't know much in the way of EXACT details until they are there.
I have stats on my cost as a brokerage for example, average spreads on EU is 0.4 pips over the last 250,000 trades So I would need to decide how much to tack on or how much to charge as a commission, I am keeping costs down in order to offer clients a good price, but I still need to consider risk, cost and then profits before I can tell you the spreads.
I can decide on over 70 pairs, I will see what the cost is for specific pairs, are those pairs you asked me about special pairs for some reason?
The swap rates I will increase by less than 10% this will be told to clients. I want to at least foot the bills on buy and hold strategies too, but I need to understand if there is any risk in swap rates to a broker, that way I can incorporate that too.
The Company is in Anguilla, Company #2244508 "PELLUCID GLOBAL SERVICES LTD." It owns pellucidfx.com - Registered at Namecheap.com and is the actual company for what is Pellucid FX
I am working on segregated accounts right now, banks are pretty tough to get into as they have a KYC (Know Your Customer) policy they adhere to, which makes opening new relationships very difficult, once I have some transactions in my company I will be able to get higher rated banks, the one I most want into is Barclay's, they must see transactions first though. I am just signing papers with Laiki Bank, they are the second largest bank in Cyprus... I know CYPRUS!! but at this point I will take what I can get until I prove myself worthy. But I really want to offer segregated accounts before I launch, I will keep you updated on that.
Sorry I can't be much more specific right now, the company making the website for pellucidfx.com - Registered at Namecheap.com is dying for content too, but I don't know much in the way of EXACT details until they are there.