Compliance and Licensing Challenges for Turnkey Brokerage
Not long ago, a savvy entrepreneur could launch an FX/CFD/Crypto brokerage in a short period of time.  All it took was a white-label trading platform, some capital, a website, a liquidity provider, a relationship with one or more banks, EMIs, and payment service providers, and a registered office in some exotic locations like Saint Vincent and the Grenadines.