ARTICLE

You have decided to start a multi-asset brokerage to offer your services to retail traders around the world.  Your enthusiasm is unbounded, and you have convinced your investors that your expertise and your team are up to the task.  What next?

It is understandable why many multinational FX/CFD/Crypto brokers would like to enter the Australian market.  With a population of 26,000,000 inhabitants, and being ranked 10th in the world for GDP per capita, the financial possibilities are obvious.  Its Purchasing Power Parity (PPP) is higher than that of the UK, Canada, Germany and France.  Also, Australians have a higher-than-average level of disposable income.

Cyprus has been a major center for retail FX/CFD Brokers for many years. Any financial firm with a CySEC license had access to the entirety of the European Union. How to get your CySEC license?

Whether you are a new Forex broker or you have an established growing business, you realize just how complex the venture can be.  Not only does your FX, CFD, and Crypto offering need top-notch technology to back it up, but the customer experience must be flawless with no hiccups or bottlenecks.

There are many reasons to create an FX/CFD brokerage under the White-Label business model.  The myriad technical and financial elements required for a successful startup for a multi-asset broker may be too daunting or expensive in terms of manpower and time.  This is where Leverate shines for its clients!  We assemble all the necessary elements such as your market liquidity, a comprehensive CRM for full communication with your IBs and customers, social trading, and prop trading, just to name a few.  Of course, as a leading technology provider, Leverate can incorporate your existing services into our white-label offering.

Essentially, there is a huge difference between a traditional FX Broker license, issued by a regulatory agency such as the FCA, CySEC, ASIC, etc., and a license to offer cryptocurrencies.  The traditional FX licenses, as we all know, allow an FX Broker to offer many instruments to its clients and allow them to trade forex pairs, metals, crude oil, equities, indices, etc.