Azeem65's articles

[Azeem65]

At Launch FXM, we truly want you to run your business successfully and for a longer period of time and hence, we believe that going with the jurisdiction that requires a forex license is a good deal. Therefore, in order to be incorporated with the jurisdiction, we firmly believe you should have your forex broker license first and then to get go with any further application processes.

Offshore jurisdiction:

Well, offshore jurisdictions are fairly a good choice to go with but again it is highly required to go deep with your research before going any further. Here as well, jurisdictions have their own set of requirements that you are required to keep in mind. Many of them require a forex license before being incorporated into. Hence, you need to keep in check with this. Apart from this you should also take in notice about the type of brokerage you are going to run, what time you want your brokerage to get started and also the countries you would like to target and many other factors.

Jurisdictions:

1. BVI : So, BVI is majorly one of the most prime choices for the forex brokers. The time frame to obtain a forex broker license here is somewhere around 8 weeks therefore, forex brokers find it a very convenient option as the soon you get your license the soon you can start the business and hence the sooner you can start to receive profits.

1. Japan and USA: People generally avoid opting this option, as Japan and USA, these two countries got a lot of requirements from the one wishes to start a brokerage business. The cost required to obtain a forex license is hence very costly therefore, brokers avoid going for preferably these two countries.

1. Cyprus: Cyprus is basically a very good option for the people who want to have the base of their forex brokerage business in the EU. Cyprus is a prime choice because of the tax system as the tax system is quite lower here in comparison to other countries. Time frame to obtain the license is also somewhere between 2 to 3 months. If you are looking to open a bank account then even this becomes an easier part in Cyprus.

1. Belize: Belize is another country that is among one of the preferred choices as the cost of a forex license is not that expensive and the license could be obtained in a lesser time period. Though the regulations to obtain a license is quite strict here but if you qualify through all the process, and requirements you can be able to obtain the license within the period of 40 days.

1. St. Vincent and The Grenadines: Saint Vincent and The Grenadine is the choice of most of the forex brokers. You can easily obtain the license within 1 week and the cost of the license is also very cheap as compared to other countries. Laws here are also not very strict making it the prime choice for most of the brokers.

 

[Azeem65]

Many Forex brokers tend to opt for a service provider that assists in the process of Forex solutions. I.e. They assist in business creation, license acquisition, forex CRM etc.The criteria for obtaining a Forex Broker License are: payment, application fees, office setup, staffing, providing required documentation, picking the right software and promotion.

The thorough description of all the points needed to obtain a forex License is as follows:

Documents:
Directors Identity, as well as the beneficial shareholders in the Forex Broker Company, must have documentation related to their financial status, certificate of character and certificate of experience. Such documents can contain a Bank Guarantee or some other reference from any authorities concerned.

Application Fee:
Per jurisdiction has its own government licensing fees, which are equivalent to the minimum capital requirement. A licensing process will require a lot of paperwork which would incur extra expense. The applicant must pay both the licensing fee and the legal consultation fees

Office Setup:
Many jurisdictions find it a compulsory obligation to create a full-fledged office. The applicant must have an office in the country where they wish to buy their Forex Broker License in accordance with the applicable jurisdiction's requirements. There are also minimum standards that need to be met to get the license.

Capital:
To obtain the license, all Forex brokers are required to invest a certain minimum sum in the form of capital. In each nation the amount of capital varies with the Jurisdiction. Before starting, the broker should be aware of the requirements that apply to them, and continue with the process accordingly.

Marketing technique:
Time and money are highly needed to be invested in the marketing campaign and the strategies should be planned accordingly. Good marketing leads to more traffic producing the large amount of benefits by getting more customers and more profits.

 

[Azeem65]

Liquidity is the common term used in the Financial market. We all know that in the Forex industry Liquidity is the prime thing to be concerned about as more deep liquidity is more efficient your transactions will be and you will be one among the top brokers.

Lets here discuss some of the important points that one should always keep in mind while choosing a good Liquidity Provider.

Liquidity Provider must be Authentic :
It is very important to have a Liquidity Provider who is regulated as well as authentic. It is very important to cross check and get the Liquidity Provider’s license verified. If your Liquidity Provider is authenticated then there is a chance of no false treatment by the other party. Also there is a high chance of trust when you work with the regulated liquidity provider and hence we would ask you to do a good research before choosing your liquidity provider.

Price:
You should always look into the pricing offered by a liquidity provider. Because the spreads offered by your liquidity provider should be competitive spreads in the market with low commission based. This is very important as price is the one of the most important things to take care of. A good price hack can make your business boom so before going for any liquidity provider keep this point in your mind.


Funds security:
Making sure that your customer’s funds are safeguarded is a big concern. Therefore as a good forex broker, it is your responsibility to ensure that the funds are kept with security. Before being into business please make sure that the liquidity provider you are going to be in business with maintains transparency and is trustworthy also he must have a good record in the market. It is your customer’s hard earned money, hence it is completely your responsibility to take care of your client’s funds.

Technology Provider:
You should look for a Liquidity Provider who must be able to give you the best of the technical services in the market such as MT4/MT5 bridge connections, FIX protocol and APIs etc.

 

[Azeem65]

We all know that with the rigid laws and regulations it has become very difficult for forex brokers especially the unregulated ones to open the bank account because of the current scenario of the forex industry and hence making it very challenging for fore brokers to open a corporate account in the bank. The strict AML policies is also one of the reasons.

It is very important to start the forex brokerage with a proper forex license, because it is hard for an unregulated forex brokerage to be trusted by the people as most of them are really looking forward to working with the forex brokerages which are fairly regulated and have an authentic forex license.

Banks have got the trust issues with the forex brokers who are unregistered or unregulated. As we all know that in the forex industry one thing that is involved is a regular transaction. Lots of transactions are made in a day, many deposits and withdrawals are done and therefore, it has become very difficult for the banks to regulate such transactions and hence they find it very hard to open a corporate account for the unregulated forex brokers.

Unregulated forex brokerages are being noticed as the most high risk as the banks who tend to open the account for the unregulated brokerages may have to face huge penalties and could also face other problems. Therefore, banks avoid opening an account for the unregistered or unregulated forex brokerages.

It is better to have an authentic forex license from a jurisdiction, so that in future you might not have to face any such problems. Planning to run a business for a longer period of time needs a lot of investment; monetary investment as well as you are also required to have patience and above all you should be ready enough to invest your time. In order to build a good client’s trust and loyalty, it is very important to run a business that is authentic and trustworthy and follows all the judiciary guidelines in order to avoid any banking or any sort of further challenges.

 

[Farm_Yard_Forex]

Interesting read. Thanks for sharing.

 

[Azeem65]

We know how social media marketing strategies have captured the entire market and left behind the traditional marketing method. Now technology has grown so well and have developed such advanced methods to reach out to the clients. Social media marketing is becoming popular day by day by the positive results it's giving back to the business. Let’s give a light on few points listed below:

Social media marketing is more cost effective:
Social media marketing is more cost effective than the traditional method of marketing because you don’t have to spend much in order to reach more people. Here you don’t have to run any physical campaigns and print ads in newspapers or magazines or maybe any journals. Social media marketing makes you run ads and campaigns online where you got to save a lot of money. Running online ads are definitely much cheaper than the traditional form of advertising.

Get more Potential Clients:
With the help of social media marketing you tend to reach more potential clients than the traditional form of marketing. Through social media marketing your business could reach out to the global community because in today’s era mostly everyone is available on social media platforms and therefore you could reach out to more potential clients.
Social media marketing is more convenient:
Who doesn't want to sit on a chair and promote the business. Well it is only possible through social media marketing, unlike traditional marketing where you need to run out in order to reach people. Social media marketing strategy is surely successful because it makes your life more comfortable by promoting your business having everything done just under one roof. All you are required to have a good professional mind who knows tricks well and has good command on social media marketing techniques.

Time Saving:
Time is the most important and most valuable thing because once it’s gone can never come back. So instead of spending time following traditional marketing methods simply follow social media marketing which makes you save a lot of time and money. You are not required to travel anywhere to reach out the potential client. You can promote your business anytime and from anywhere.

More engagement:
Social media marketing leads your business to have huge engagement on your website and all social media platforms. You can target people from all around the world and can know who your potential customers are by running a simple contest or something that could engage more and more people to your business.

 

[Azeem65]

We do know that a better search engine ranking surely helps businesses to grow and enhance productivity. The best thing is to use the contents that are SEO friendly. The more good it is the more people reach your website.
Let’s focus on few points through which you can increase your SEO ranking:

1. Focus on the contents you use for your website. The contents play a vital role as the ones you are using should actually be SEO friendly so that your website could be seen on top of the google search results. Quality rich content is the chauffeur for enhancing your SEO ranking. Make sure of using the contents that are most relevant to the business such as the products and services offered by the company should be put down really well so that customers could easily get to know what company deals in. The content used should be unique and make certain of using the keywords that could enrich the SEO ranking of the company’s website.

1. Ensure that you are working on the metadata, you are required to add on or upgrade the metateda used in order to increase the SEO ranking as metadata plays an important role in boosting the SEO ranking of your website.

1. Try and update the contents on your website. Also give focus on clearing up the duplicate content and altering it with some unique ones. Updating value added contents on a website works it on as it helps in enhancing the ranking.

1. Apart from content the other thing that helps in boosting up the website’s SEO ranking is surely making use of videos and relevant images. Images and videos that are relevant to the business are the major seeker of your targeted audience as people are first diverted towards the banners and images. So you really need to choose them wisely.

1. Try and work on the designing part of the website, choosing the font size that could be readable and engaging. The design of the website, the colors chosen and the neatness also engage the attention of the people. Try to use the bullet pointed text and essential contents in bold.

1. Add a sharing option on your website and link them with various social media platforms. This is really helpful in increasing the SEO ranking of your website. By adding social media buttons on a website helps navigators and users to share your contents on their social media platforms which surely helps in increasing the reach of your website.

1. Your Page loading speed should be high because if your page loading speed is slow then your SEO ranking will go down no matter what. Therefore, it is highly required to work on your website’s page loading speed.

1. Start making the use of Keywords as making good use of keywords will make your website easily approachable. Keywords that you use should easily be fitted into the sentences on your website. This is a great technique to make your website on top ranking.

 

[Azeem65]

Your website’ speed plays an important role because users and navigators usually tend to visit websites that are high in speed. The lower the website speed the lower the visitors on your website and hence lower the SEO ranking. Make sure that your Forex Website speed is very fast so that it comes on the top links on google. People mostly view the top links on google. Hence, make sure that the speed of your forex website should be at its max.

1. Good experience for users:

Every user who navigates through your company’s website expects to have a really good experience because users tend to deflect from your website and search through other websites if they find the speed of your company’s website slow. In order to give a good user experience, boosting your website speed at regular intervals is really important.

1. A good website speed enhances google rank:

This is obvious, as good speed surely impacts your website’s google rank. If your website is more user friendly and more people navigate through your website that simply means your website will start popping up at the initial page and hence improves your google rank.

1. Website speed plays the utmost role:

If you are willing to have a productive business, you surely know what you need to do. People generally go through your website in order to learn more about the products and services offered by the company, therefore, in order to make their experience really good and make them stay you are required to boost up the speed of your website.

You might have heard it right; more happy customers is equal to more sales which directly leads to productivity of the business. In order to have the best you are required to provide the best class services to the users.

Keeping your customers engaged into your website you need to provide them the experience better than the others. The market is very competitive and each one strives to be the best from others, therefore in such a competitive market it is very important to engage your customers by providing them the utmost satisfaction in order to earn their loyalty.

 

[Olieng38]

Yeah, you described it all right.
It's a brief description of the features, but it really shows the whole point.
In general, every trader should understand these points, because they are the basis of the market. And you should not limit yourself to just knowing the strategies, you must understand all the mechanisms.

 

[Azeem65]

There are many reasons why you should approach outsource your sales and customer service. Search for the best in industry professionals who are ready to guide you and assist you through all the services. Who assure you of giving the end to end solutions to all your queries. We work with the best minds and hence to increase the productivity of your brokerage you can approach us.

As we all know how important it is to work with the best and getting good talents in the market could be a challenge. Therefore we have come to your rescue as our customer support team comes with a big box of talent as they got the best of industry knowledge and could help your customers well.

Lets see few of the reasons why you could outsource your customer support:

Top notch quality assured: We assure you will never have any complaint with the quality of service offered as we got professionals who very well understands what quality of service means and give their best to deliver the same to the clients. We believe in satisfying the customer with providing them the solutions to their problems.

Multilingual Support: We have a team who could provide customer support in multiple languages. As we know forex market is a global market and hence the sales and support team needs to be very well versed in the multiple languages in order to understand the client’s issues and could step forward in resolving them. By understanding what the client wants and offering him the best of the service helps guaranteeing the customer loyalty.

Affordable cost: At reasonable prices you can make your business grow by solving your clients problems simply by outsourcing your sales and support with us. We provide you with the best package where you get all the benefits at an affordable cost. Think about it, you don’t have to hire a team of professionals, which in order makes you save money, you are not required to have a seperate space and go through any further paperwork. In Spite of making it any hectic for you, simply join hands and get ready made solutions to all your problems.

24/7 support: Who believe in delivering services at whichever time the clients needs the solutions and hence we have a 24/7 support team which helps in assisting clients as per their needs.

We very well know how important clients are to business and how important it is to run a hassle free business, hence, we give you a warm welcome because we truly believe we grow when you grow.