How much it costs to open a forex trading website?

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anaconda

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Dear all,


How much it costs to open a forex trading website like easy-forex.com or etoro.com etc.?


Also, please let me know the technical and other aspects for opening such website. I mean, from where I can get a license, from where I can get the customized software etc.

Also, if you think I should post this question in some other category of this forum, please let me know which one.


Thank you very much in advance :) I'm looking forward to hear from you.


AnacondA
 
You'll probably have to go offshore. Get a gambling license. Satisfy capital requirements. Get your hands on prices. Build a relationship to hedge. Build models to price options etc.. Hire a legal team. Raise a marketing budget. Operational staff + equipment, premises.

Is this for a school project?
 
I think this is the kind of situation where if you have to ask, you're probably way out of your depth. Also, why would you want to - do you seriously think there is a demand for more bucket shops?
 
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