$300K for openning a unique forex broker

[Nor]

Hi

I have been trading the forex market since 2004 and never had much success with trading. I only made money out of offering forex services such as offer to program private strategies on ebay.

I have been dreaming about opening a forex broker but could never figure out how to build up a model that makes my broker distended to success. And after tonz of research I was able to put things together at the lowest cost while still being able to build what I believe is the best service project in the forex industry.

Please let me know whether I am at the right place, before going into further details and explaining why the services my broker will offer makes it very unique and

profitable without much competition... Yes, out of all the long standing forex brokers, none will be able to compete with us!



If you are a serious investor, and you got the funds for this high return investment, just reply back on this thread and say you're interested and lets start a chat over here

[akula]

no..not really..this isn't the right place if your position is "all the long standing forex brokers, none will be able to compete with us!"
this forum is mostly for rational people who are interested in competitive strategy more than wishful thinking

[maksim]

Business plan.... and learn to spell.

[simplyfreegas]

Agree with Akula,

Unless you can proudly show your NFA license, please do not offer your services. Especially in this economy.

[Nor]

no..not really..this isn't the right place if your position is "all the long standing forex brokers, none will be able to compete with us!"
this forum is mostly for rational people who are interested in competitive strategy more than wishful thinking

The plan is pretty solid, unique in a way that not that many people can apply such plan. That's what I meant with "Not much competition".

[Nor]

Business plan.... and learn to spell.

Agree with the spelling part, as for the business plan, I have planned the model, but still need further assistance with planning

[Nor]

Agree with Akula,

Unless you can proudly show your NFA license, please do not offer your services. Especially in this economy.

Do you even know what I am talking about here?

[Nor]

The broker will be registered in Belize, which is a very recognizable registration world wide.

an example of a successful model, which opened an offshore forex broker registered in Belize and is actually located in the US, is www adefx com

we will be building a similar model as the jadefx model, but with more unique and one of a kind additions.

No need for the NFA broker registration.

For those who reside in the US, please read about the privileges of opening an offshore company in Belize, incase if you don't already know it.

[Nor]

Uhhh, the editing feature does not work on this forum

here is the jadefx website ... www (dot) jadefx (dot) com

[Nor]

Investment return:

We will charge 5$ to 10$ per each lot the client opens. So If we get 1000 accounts (Which we will easily and I can guarantee 100 active accounts in the first month), and every account enters one trade a day:

5$ * 1000 = 5000$ daily return on every trading day, and there is 5 trading days a week, so that's $25K a week

If for a reason you guys think I should just stop and not put this on the table let me know, so I don't go through any further details.

Thank you

[simplyfreegas]

If you are SO confident that you can make $25K a week, here's a couple of questions.

1. Why are you here on YE? Why not parade this amazing opportunity on FOREX forums where real traders/investors are there that can give you what you are looking for.

2. Why are you telling US residents to avoid the one regulatory path that can protect their money in case you decided to close up shop for whatever reason? It's obvious you are hiding something because you are not willing to go the proper route.

What I DO know is that being offshore doesn't get your money back when you are scammed. I know this because I was scammed. So like I said before, take you're "I can easily make $25K a week" shenanigans and go somewhere else.

[Nor]

If you are SO confident that you can make $25K a week, here's a couple of questions.

1. Why are you here on YE? Why not parade this amazing opportunity on FOREX forums where real traders/investors are there that can give you what you are looking for.

2. Why are you telling US residents to avoid the one regulatory path that can protect their money in case you decided to close up shop for whatever reason? It's obvious you are hiding something because you are not willing to go the proper route.

What I DO know is that being offshore doesn't get your money back when you are scammed. I know this because I was scammed. So like I said before, take you're "I can easily make $25K a week" shenanigans and go somewhere else.

You really do not know what you're talking about... You don't even bother to do a research

If you do not like this topic just simply don't join

I find your replies pretty irretating. The NFA registration cost is about 20 million and it won't get you to work on an international scale due to all the new FIFO rules, not that many people out side the US want to do business with brokers under the NFA rules.

for Belize, yes it's an offshore registration and there is no way for me to steal your money, how am I going to steal your money when the company is registered with the International Financial Services Commission IFSC?

If what you're saying is true, then that makes a lot of the really successful brokers out there nothing but a big scam time bomb!

That website I pointed out for is for an off shore (Very successful) broker registered in Belize, that guy first opened the subject about openning a broker in a high traffic forex forum and asked for a total of 50K to get the boston bridging and was never able to get it. The later some how he got it and started the project 6 months later and is now making good money.

I can also give you many examples of offshore brokers regitered in Cyprus and are very successful.

Please stop your accusations and insults and do your research and homework.

$25K a week is not a made up number, if there is anyone interested please PM me and lets chat on Skype so I can explain my model and set-up

[simplyfreegas]

It's not an insult just an observation.

Registration
In addition, all individuals and firms that wish to conduct futures-related business with the public must apply for NFA Membership or Associate status.

$25,000 a week is not a made up number?
So I guess $20,000,000 to be regulated is not a made up number either?

Please show me where it costs $20 Million Dollars to be regulated by the NFA.

Just because I don't like the topic doesn't mean I should leave. I'm trying to show people that there's more than 1 side to every story. You are saying that you have the ability to make $25,000 a week ($1,300,000 a year). Before people give you their hard-earned money, they deserve to know that you HAVE made these sums before, and that there is a unbiased 3rd party to verify the activities so you don't become the next Madoff.

My posts shouldn't irritate you. You're obviously a nice guy.

[Nor]

Hello Freegas

Thanks, me too I like your nickname :P

I am not sure how things work with the NFA but with forex broker registration in particular the minimum required deposit is 20 Million

This is what the easy-forex broker have withdrawn from the NFA once they closed down their US branch, please see the

forexmagnates (dot) com/easy-forex-to-withdraw-its-status-as-a-us-clearing-fdm/

That's one of those old long standing successful forex brokers and now has a branch registered in Cyprus.

The New NFA/FIFO rules have got people to stay away from US based brokers for many trading restrictions such as not allowing them to use a leverage higher than 50:1 on majors and 20:1 on crosses (I personally view that as the top reason)

25K a week is not a number any broker can achieve, but with my model it is very likely to be achieved after one year of our launch.

Why?

Despite the fact that we will offer unfiltered data (easier executions) and low competitive spreads (will be able to offer even lower spreads as time goes by and we meet the minimum fund size required by different liquidity providers) as well as fast and easy deposit/withdrawals of funds and 24/5 high class customer service.

We will be the first broker to offer real successful working automated trading programs which will be offered for free when clients open an account with us, and the use of the program will be limited to our broker accounts.

Most if not all automated trading programs sold out there are a scam sold by unregistered and unknown companies or individuals who scam people and their products do not work.

But for us, we will be the first registered broker/company to offer a basket of REAL trading software. We will get people to open accounts through us to trade on our best trading programs which will be exclusively available through our broker. we will also get lots of affiliates who want to become an IB and get sign-ups under their names through advertising for the trading sofwtare.
this has never done before, and since coming up with a real profitable automated trading software is very hard to accomplish, no one can show up to compete with us, at least for a while.

we will be showing live forward tests as prove of performance, and of course they will use it to make money.

Just think about it, most accounts which sign up at other brokers are either blown up or never traded on that much... in our case, most accounts will be actually trading actively and making money and the trading will be on daily basis through our programs

Do you see now why the project Model is designed to produce such high profits?

For those interested in seeing the results of our private trading programs to get an idea please PM me your Skype... Only for serious people who actually got $300K to fund my project with. I you don't have the funds, please do not PM.