Client notifications and assessment of suitability In its effort to integrate Europe’s financial markets, the European Securities and Markets Authority (ESMA) created MiFID and MiFID II. This regulatory framework sets standards to help protect consumers and ensure they’re informed about the investments they make. Meeting the MiFID II requirements presents many challenges for brokers, especially smaller firms with more limited resources. The right back office software can greatly help with those challenges. In this two-part series, we’re highlighting specific ways that the right software helps with regulatory compliance in the… read more →
What to consider when building your brokerage website In forex and CFD trading, many of your clients will never interact with you in person. They’ll never visit your office or get to know your staff. Instead, they’ll see your website, chat with your support team, and work with your brokers online. The online nature of the forex trading industry means that you need to have an excellent website to stand out from your competitors. Just like a client would likely drive past a business in a run-down building without stopping,… read more →
One way to expand your reach and find new traders is to go to conferences designed for traders and events based around trader education. There are a wide variety of forex trading events around the world. Traveling to these conferences and paying to be an exhibitor at them can get expensive. We’ve got three conference recommendations to help you get the most out of your trade show budget.