Opening a forex brokerage company

[pcdeni]

After getting banned by a broker, and spending some time browsing reviews on forex peace army, I start to see recurring patterns with many different forex brokers. Bottom line is, is there any forex broker out there, who doesn’t screw with profitable traders?
Did anybody look into or has experience with setting up your own (private) forex brokerage company?
How does the procedure look like? How much would it cost?
How would it look like to collaborate with liquidity providers?

 

[fargana]

After getting banned by a broker, and spending some time browsing reviews on forex peace army, I start to see recurring patterns with many different forex brokers. Bottom line is, is there any forex broker out there, who doesn’t screw with profitable traders?
Did anybody look into or has experience with setting up your own (private) forex brokerage company?
How does the procedure look like? How much would it cost?
How would it look like to collaborate with liquidity providers?

Depends on how much you earned. If broker B-books you, some profits became too much cost for them and statistically you become unwelcomed, i.e. toxic trader. More research should be done on the brokers which A-book your orders but brokers often do not reveal that information explicitly