Forexware Blog

5 Tips For A Successful FX Brokerage

by Forexware Team | Tue May 9, 2017

A brokerage’s success depends upon a client base that not only continues to grow, but also remains loyal once the account has been opened.  With over ten years of experience in this industry, I’ve noticed some common themes for success which I’ll share in this blog.

What Does The New MT5 Client Terminal Look Like?

by Forexware Team | Tue May 9, 2017

After gaining world-wide recognition for its wildly popular MT4 (Metatrader 4) client terminal, MetaQuotes has chosen to capitalize off of this success with the next generation of its trading software: MT5. 

5 Tips for Marketing Your FX Brokerage

by Forexware Team | Tue May 9, 2017

Setting up, registering, and configuring your brokerage may seem like a lot of work, but once you launch your brokerage, you also need customers. Marketing your brokerage can easily turn a bottomless money-sucking pit that spits out only a few qualified leads if you don’t know what you are doing. Through our research we have… View Article

White Label or Brokerage?

by Forexware Team | Tue May 9, 2017

“How do I get a white label?” is a question we are often asked at Forexware.  Because we are a technology provider and not a brokerage, a white label in the purest sense is not one of our product offerings.  

5 Reasons Why FX Brokers Prefer STP

by Forexware Team | Tue May 9, 2017

When starting a new brokerage an important consideration is the risk model the firm will adopt.  For those new to this industry, a risk model is simply the way a brokerage will manage the trading volume it receives from its traders.

How Forex Traders Can Account For Unexpected Costs

by Forexware Team | Tue May 9, 2017

Transaction costs in Forex, is the “elephant in the room” when evaluating the performance of a trading account. While all traders are aware of it, many and money managers still manage to underestimate how significant of an impact transactions costs can have on their overall profitability.

The Decision to Begin your own Brokerage

by Forexware Team | Tue May 9, 2017

The decision to begin your own brokerage could be the logical step in the FX progression or a lifelong dream.  There are many different reasons why to start your own brokerage, but if your operation is not set up correctly, your brokerage could lose money and ultimately your investment. 

What is FIX API?

by Forexware Team | Tue May 9, 2017

FIX (Financial Information Exchange) API (application programming interface)  is an electronic communications protocol for financial information exchange.

APIs and What Are They Good For

by Forexware Team | Tue May 9, 2017

I often get questions from our clients regarding the API and the benefits it can bring to their business. An API (Application Programming Interface) is basically a set of rules that is needed to communicate with a specific system.

Net Based v. MT4 Ticket Based Reporting

by Forexware Team | Tue May 9, 2017

IT’S A MATTER OF PERSPECTIVE When brokers move from using MetaQuotes MT4 Dealing desk to a straight through processing (STP) model, the first question we often get is, “What’s the difference between Net based reporting used by the prime broker and the ticket based reporting used by MT4?”