Best social media sites for forex brokers Recruiting new traders is a central priority for forex brokers, and social media platforms can be good pipelines for potential clients. In a 2018 survey, over 80% of financial advisors reported using social media for their businesses, and 47% called social media a very significant part of their marketing efforts. We’ve written about how to find forex clients before. Here, we’re covering nine websites or platforms we recommend for publishing content, connecting with leads, finding IBs, and learning about what others in the… read more →
When forex traders realize losses and gains We thoroughly believe that the better you understand your clients, the more your business will grow. When you understand your clients, you’re better able to give them what they want. In previous posts, we’ve covered general statistics about retail forex traders, how wins and losses affect those traders, and reasons that they quit trading. Today, we’re bringing you stats from Retail investors’ trading behavior in foreign exchange markets. This article uses trading data from Oanda for 14 currency pairs during the period of… read more →
How to get an FSCA license for your firm As forex regulations in Europe have tightened, many brokers have started moving their firms to countries outside the EU or setting up divisions of their brokerages in non-European countries. Although island nations in the Pacific and the Caribbean get a lot of attention when it comes to moving offshore, South Africa is quickly becoming a popular choice for both existing brokers and new brokers. The restrictions on leverage and bonuses have made it difficult for many firms to attract new clients.… read more →