Custodian Services in Foreign Exchange
What is a custodian? If you own a bank account, you must have executed transactions through different means (cards, cheques etc) on that account, and obtained a summary of your activities from the bank at some point. In this simple narrative, the bank is the custodian of your asset. A custodian is any entity (usually a financial […]View More
What is Spread Betting in the Forex & CFD Industry? – A Simple Definition of Spread Betting
If you’ve been browsing forex related websites in the UK especially, you may have come across the term spread betting before. We are often asked what the difference is between spread betting and traditional CFD and FX trading? Furthermore, what is the definition of spread betting? The answer is very simple. If you are a […]View More
Beware of Binary Options Wealth Recovery Scams
If You Lost Money Trading Binary Options, Beware of Wealth Recovery Companies We are here to warn any former binary options client to steer clear of firms purporting to offer wealth recovery services. Due to the demise of binary options brokerages, many of these former shops have turned themselves into businesses pretending to be on […]View More
Do You Need a License to Start Your Own Forex Broker?
Our clients often ask us whether or not a license is required to initially launch a new forex brokerage. The short answer is no, a license isn’t needed to get started, however, it’s strongly recommended. Of course, a more appropriate answer to the question would be that a license ultimately depends on your plans and […]View More