What is the best way to obtain a Forex brokerage license?

1.           What is the best way to obtain a  Forex brokerage license?        Copyright’s 2020  © Sanfrix Pvt Ltd All Rights Reserved  For Further info contact sales@sanfrix.com Call us at: +​65 9860 7215 

2. If you want to get a forex license, the first question to ask is ‘where’ because licensing  needs differ from one place to another.  It’s rather easier to get an offshore license than in developed or regulated countries. Both  the cost, deposits required in your account and the procedure and requirements are pretty  stringent.  For example​,   to get a Forex license in the US your brokerage must register with (National Futures  Association) and the CFTC (Commodity Futures Trading Commission). Plus there a cost of  $125,000 set up fees to annual fees that are calculated based on your commissions and  revenue.  Take a quick look at this ​blog​, it’s crisp yet very detailed and to the point. It will give you all  the information you’re looking for to obtain a forex brokerage license. It talks about various  jurisdictions and the fees and procedures involved.  Once you know the costs involved, I guess you’ll be in a much better position to decide  where you can open a brokerage, because most often cost is the biggest deciding factor.  Also, you may ​contact Sanfrix​ directly and their senior consultants are pretty helpful and  should be able to you with the way forward. They take care of all your brokerage needs from  licensing and incorporation to handling all your technology needs and they offer competitive  pricing.  “​EasyFx Solutions​ is one other firm that does something similar at an affordable price.​”  Now there are several players in the market who do these, some who specialize in specific  areas of brokerage services such as licensing or technology or liquidity and others like  Sanfrix or EasyFx who provide end to end solutions.    It’s easier to choose a 360-degree ​brokerage turnkey solution provider​ so you have one  single neck to choke, without dealing with multiple vendors. Also, a turnkey brokerage  solutions provider like Sanfrix charges flat subscription fees unlike others in the market who  charge based on trading volumes.    Copyright’s 2020  © Sanfrix Pvt Ltd All Rights Reserved  For Further info contact sales@sanfrix.com Call us at: +​65 9860 7215