What you need to know about working with forex clients in Asia and the South Pacific The Asia-Pacific (APAC) market has presented a lucrative opportunity for forex brokers in recent years. As ESMA has tightened regulations in the European Union, many firms have expanded their offerings in Asia, including opening fully-staffed offices in the APAC region. APAC typically includes China, Japan, countries in Southeast Asia, Australia, and island countries in the Pacific Ocean. The region covers a vast area and includes many different regulatory environments. Because Australia’s market and regulatory… read more →
What you need to know about growing your forex business in Africa Developing in new regions to expand your client base is a smart way to grow your forex brokerage and protect your firm from losses due to new regulations in Europe. We recently covered the possibility of moving your brokerage into the Middle East and North Africa. However, the majority of the African continent isn’t included in that region. In recent years, the demand for retail FX trading in Africa has been expanding. For example, between 2013 and 2016… read more →
What you need to know about working with forex clients in the Middle East Finding leads and recruiting new forex clients is how you grow your FX brokerage. One approach to expansion is to move into new regions and markets. In the past, we’ve covered the software tools you need to expand into new regions. Over the next few weeks, we’ll cover the basic details of regions where forex brokers can flourish. This week, we’re looking at the Middle East and North Africa (MENA), covering the area from Morocco on the… read more →
Account groups are a way for you to set up what clients can trade and how much they’ll be charged for their trades, on a per security basis. MetaTrader 4 and many white label providers limit the number of account groups your brokerage can have. Learn how to get more account groups for your MT4/5 platform and have more flexible options.