Trading websites are not those boring pages stuffed with numbers anymore. The industry responds to market needs and to a growing number of younger traders that are keen to learn the ropes.

Find out how to make your trading company website look great and do the job. Building an investment mobile app to support your investment platform is a great idea to be closer to your clients.

Let's explore some great examples of the existing apps and see how to build one for your business. It has never been a better time to join the party and try your hand in the crowdfunding business. In this article, we will clear it up and explain how to start a crowdfunding website like Kickstarter! This website uses cookies.

By using and further navigating this website you accept the use of cookies. Learn more about the information we collect at Privacy policy page.

You've subscribed successfully! How to build a Forex trading platform. Alina Seredenko Business Development Manager October 11, 8 minutes to read. What you will learn: How to make own online forex trading system in different countries Tech features you need to build a forex trading platform Forex trading platform development: a stepwise guide How to make own online forex trading system in different countries There are a few things worth mentioning right off the bat.

Free demo accounts Some platforms e. To get a demo account, the user should fill in a short form and submit a request. com Typically, such free accounts are created, on average, for days and are absolutely risk-free. Automated order execution Once a user has created a trading strategy, they can delegate the execution of orders to the auto-trading feature.

Auto trading feature at MultiCharts Auto trading is super beneficial to users as it eliminates their efforts on executing orders and monitoring the market. Forums If your goal is to create a forex trading website that will educate beginners, then you should equip it with a forum. BabyPips forum With a simple filter, traders can choose what threads to view. Make sure that your search bar can be easily found; a good idea is to add it to the top toolbar. Search at FOREX. Traders can select a timezone, currency, timeline, and importance of events.

Daily FX economic calendar ForexLive economic calendar 7. Live charts Feature-rich charts help traders take informative decisions about buying or selling currencies.

Platforms update chart packages every sec and let users customise the settings. Forex trading platform development: a stepwise guide Let us show you on our own example what it takes to build a currency trading website. It is best to integrate it with MT4, giving the project team access to all information about traders.

That is, in the CRM need to do : integration with MT4; lead management and client requests; customer account management. Additional functions Opportunities for a good trading platform are not limited to buying and selling foreign currency assets. Top market players also integrate support into their website: contracts for difference and options; CFD trading; margin trading.

In addition, it is important to take care of the quality content of the site, which will help with attracting customers and increasing the loyalty of the community as a whole. For example, you can run a news feed or create training lectures, courses, webinars. Both users and search engines like this. Another thing to think about introducing a demo account. With it, traders will learn to use your platform without risking losing real money. In addition, a demo account can be used in training courses , but in this case access to it should be free, that is, do not require deposit replenishment.

Safety and reputation. Safety and reputation, from the point of view of the trader, is determined by the information footprint on the network and by the regulatory authorities that control the activities of the brokerage company.

The latter include: BaFin - Federal Financial Supervision Authority of Germany. FCA and PRA - Financial Conduct Authority and the UK Prudential Regulation Authority. NFA and CFTC National Futures Association and US Commodity Futures Trading Commission. CySec - Cyprus Securities and Exchange Commission. If the site is under the jurisdiction of one of these departments, traders and financial partners will trust it more. Consequently, there will be more users and better conditions for cooperation.

Conversely, being in a jurisdiction with a disreputable reputation scares people. In addition, it is important to make a site in the main listings of Forex trading platforms. Such resources check the reputation of brokerage companies and look for reviews about them. If your site is not listed, traders may find it unpopular, untrustworthy or just scam.

Platform monetization. Most platforms earn on spreads and commissions. Spread is the difference between the purchase and sale price calculated in pips.

Under the pips imply the smallest price change in the price of an asset - a price percentage point or just a percentage point. If the price of a currency is indicated with only three decimal places, it means that changes in the third decimal place are one price point. Spreads can be fixed and variable.

In the case of variable spreads, their size, as a rule, depends on market liquidity - the more liquidity, the lower the spreads. Commissions are trading expenses that are determined in advance and depend on the volume of trading the larger the volume, the smaller the commission.

In addition to spreads and commissions, some sites also charge various additional fees. For example, for using trading software , providing real-time asset prices, availability of indicators and other functions. Some companies go even further and charge for help desk calls, use of a securities account or set monthly fixed fees.

Important moments. When creating a website for the Forex trading platform , remember that this is a very competitive market. The optimal strategy for starting a business in these conditions is to start small and gradually expand. So, you can start with a certain region country , become a monopolist in this territory and then move on to global markets.

Do not overdo it with monetization, especially at the start. Ideally, in the first year of launch, your commission should be minimal, and so much so that you will work at a loss or zero. So, Kyivstar made a mobile operator in Ukraine when it introduced the youth-oriented brand djuice in For the first six months, everyone could connect to djuice and communicate within the network absolutely free.

The result - millions of attracted users in a very short time. To conquer the market can not only low prices, but standing out from the competition. In the world of cryptocurrency, this can be done, for example, by making a business completely transparent as opposed to anonymity for a trena.

To do this, you can reveal almost all the information about the company, present developers with the owners and even conduct excursions to the office. Thank you for your application. At this time you can check our social networks.

Yuri Musienko October 25, Write to Yuri. Are there any questions? Why is it special? Well, traditionally the currency exchange was an activity that was only limited to the governments, massive companies etc. Now in consideration of the fact that the same currency exchange is merely a click away, literally anyone can enter the market and engage in the trade.

If you want to build your own forex trading system and website to get your share of profits, we have mentioned some key points below. Before you launch your forex trading platform some preliminary preparation has to take place in the background.

You can buy forex trading software in the first place to start the work. Along with the fixed price you generally also have to add a small monthly fee. Another option is renting a platform. It may be a valid and cheaper option for some, but in the long run, they do prove to be a bit expensive. The forex trading software development finds it extremely crucial to add safety measures in order to keep the data safe.

In your absence, these stops will perpetrate you to sell when currency rates go high and vice versa. Keep your trading in check with safeguarding. Considering the fact that anyone can enter forex trading, it is also to be kept in mind that you are required to have knowledge regarding trade and its basics.

To be assisted in setting up your own Forex trading system and website contact Webcom Systems.

The rest receive a steady income, but they constantly pay for market access and servicing operations. Most of this money goes to brokerage sites. In this article, you will learn how to create such an Internet site and get your share of the profits on one of the largest financial markets. Preliminary preparation Launching a trading platform on Forex is a complex and expensive event that requires thorough preliminary preparation.

This process includes such things: Marketing research. It is important to study the competitors in advance and understand who your target audience is: age, gender, hobby, income level, country and so on. The place of registration of the legal entity, the approach to promoting the platform, the number of languages supported, etc.

will largely depend on this. Formation of start-up capital. When launching a brokerage business, you need to plan the allocation of funds to cover current expenses for several months. To do this, determine the size of the operating and trading fund and fill them.

Registration of a brokerage company. To accept money from traders, you need to open a bank account for a legal entity with a brokerage license.

Agreement with payment service providers PSP. It is advisable to build relationships with several PSPs in order to diversify the risks associated with financial calculations. Choosing the type of trading platform.

They are of three types: Market Maker, STP, ECN. The moments associated with market research and the formation of startup capital do not need an additional description, since they are typical of any type of business.

The rest of the things in the case of the launch of the Forex trading platform are unique and require close attention. Registration and license Recognized Forex Centers. There are a number of international companies in which you can register a company and obtain a brokerage license in accordance with the financial regulations of the host country. With this license you can: provide brokerage and other financial services; optimizing profit due to low or zero tax; retain and control customer assets; get more favorable terms with banks; work all over the world.

Recognized financial centers include the United States, United Kingdom, Malaysia and Belize. They are followed by Hong Kong, Singapore and Japan. In these countries, there are no problems with government regulation and control of financial activities; therefore, trading platforms with such registration are trusted. A broker's license costs a lot of money, and its design takes a long time from a month to a year.

To speed up this process and reduce costs, you can register an offshore company. For this fit: British Virgin Islands. Saint Vincent and the Grenadines. Cayman Islands. If you decide to register in the offshore zone , please note that this may adversely affect the reputation, as traders, banks and investors do not trust brokers with unknown owners. In addition, since the early s, developed countries have begun to fight offshore companies, passing laws that impose restrictions on offshore companies and their partners.

Type of trading platform Market Maker Key feature. When the user makes a bet on such sites, he plays against the broker. In case of winning, the trader receives a reward - the difference in the value of the asset, if he loses - the broker takes this difference to himself. Market makers perform three tasks: Make available supply and demand rates for certain currency pairs. Undertake to conduct transactions with all traders at a price that is indicated in the charts of the dealing center.

Take financial risks for each position. Market makers generate profits from the difference between the purchase and sale price of an asset. Or, to put it simply, the loss of a trader in a transaction is the broker's profit.

For this reason, such trading platforms are treated with caution, as there are concerns and confirmed precedents of possible exchange rate manipulation from the site to the damage of traders. STP Broker Key feature. STP stands for Straight Through Processing. Such trading platforms send customer orders to liquidity providers banks or liquidity pools and thus avoid conflicts of interest. Ideally, the order is sent to several suppliers who place an order on the interbank market with different conditions, after which the order is executed with the best available price.

This type of Forex trading platform generates profits through commissions and spreads. Commissions are calculated for an order or a traded lot, and the value of spreads usually depends on the liquidity of each market. ECN Broker Key feature. ECN stands for Electronic Communications Network. These sites send traders orders directly to the Forex market , as a rule, without any intermediaries.

Due to this, trade orders are executed with minimal delays, therefore, traders can respond to market dynamics with maximum efficiency. Site Development Approaches. Buying a platform. Forex trading platform can be purchased for a fixed price, to which you usually also need to add a relatively small monthly fee.

And you can also use MetaTrader5 MT5 with an extended list of assets for trading: stocks, crypt, Fiat, etc. Such an ACT Forex. Other terminals. White label. To start the trading platform , you can also use someone else's software, indicating the name of your brand on it. Through this approach, you can save a lot, but at the expense of losing individuality in many things.

If you refuse maintenance, it will be even cheaper. Platform rental. the approach allows saving at the start, but in the long run it is much more expensive than other options.

Website elements. Website development of the Forex trading platform can be divided into two areas of mandatory and optional elements. The following areas of development are usually considered mandatory. Forex Client Area. A set of tools by which traders manage assets.

They can range from back office management systems to mobile applications. Typically, client zone development includes such areas: trader's room; back office tools; partner systems; payment solutions. Website Design. The interface of the site should be simple and clear, so that traders on an intuitive level understand what and where to do. In addition, the design should provide a platform among competitors. In this direction, you need to pay attention to: branding and development of design solutions; integration of the trading terminal for example, MT4 and CRM; developing user interface scripts; interactive tips.

Online Marketing. Therefore you need to do: creating landing pages; SEO content optimization; affiliate programs and sites; banners and much more. Forex CRM. A customer relationship management system must support a complete process for selling and storing assets. It is best to integrate it with MT4, giving the project team access to all information about traders.

That is, in the CRM need to do : integration with MT4; lead management and client requests; customer account management. Additional functions Opportunities for a good trading platform are not limited to buying and selling foreign currency assets. Top market players also integrate support into their website: contracts for difference and options; CFD trading; margin trading. In addition, it is important to take care of the quality content of the site, which will help with attracting customers and increasing the loyalty of the community as a whole.

For example, you can run a news feed or create training lectures, courses, webinars. Both users and search engines like this. Another thing to think about introducing a demo account. With it, traders will learn to use your platform without risking losing real money.

In addition, a demo account can be used in training courses , but in this case access to it should be free, that is, do not require deposit replenishment. Safety and reputation. Safety and reputation, from the point of view of the trader, is determined by the information footprint on the network and by the regulatory authorities that control the activities of the brokerage company.

The latter include: BaFin - Federal Financial Supervision Authority of Germany. FCA and PRA - Financial Conduct Authority and the UK Prudential Regulation Authority.

NFA and CFTC National Futures Association and US Commodity Futures Trading Commission. CySec - Cyprus Securities and Exchange Commission. If the site is under the jurisdiction of one of these departments, traders and financial partners will trust it more. Consequently, there will be more users and better conditions for cooperation. Conversely, being in a jurisdiction with a disreputable reputation scares people. In addition, it is important to make a site in the main listings of Forex trading platforms.

Such resources check the reputation of brokerage companies and look for reviews about them.

Auto trading is super beneficial to users as it eliminates their efforts on executing orders and monitoring the market. If you want to build your own forex trading system and website to get your share of profits, we have mentioned some key points below. Choosing the type of trading platform. Hi, I am not a lawyer, so you better consult with one to get legal advise about licensing. Important moments First. A broker's license costs a lot of money, and its design takes a long time from a month to a year.

Categories:

• Binary Options
• Binary Options online
• Forex Bitcoin
• Forex Brokers
• Forex