Independent guides to launching a brokerage.
No vendor agenda — just the decisions that determine whether your launch works, explained in the order they matter.
Decision guides
A-book vs B-book vs hybrid: which broker model actually fits your brokerage?
An independent breakdown of A-book, B-book and hybrid broker models — how each makes money, the risks, and how to choose the right one for your brokerage.
Read guide → SpokeWhite label vs turnkey vs building your own: the real trade-offs
An independent breakdown of white label, turnkey and building your own brokerage technology — real costs, control, timelines and the hidden traps in each.
Read guide → SpokeLiquidity providers and PSPs: what to ask before you sign
An independent guide to choosing forex liquidity providers and payment processors — how pricing works, the questions to ask, and where founders get locked in.
Read guide → SpokeAML and KYC basics for a new brokerage
An independent guide to the AML and KYC foundations a new forex or multi-asset brokerage needs at launch — and what scales with your jurisdiction.
Read guide → SpokeWhat it really costs to start a brokerage — and where founders overspend
An independent 2026 breakdown of the true cost of starting a forex or multi-asset brokerage — license, tech, liquidity, compliance and the money founders waste.
Read guide → SpokeForex brokerage cost benchmarks: the 2026 numbers, itemized
Itemized 2026 cost benchmarks for launching a forex brokerage — licensing, technology, liquidity, compliance and marketing by jurisdiction. Free to cite.
Read guide →By jurisdiction
The CySEC forex license: cost, capital and timeline (2026)
An independent 2026 guide to the CySEC forex license — capital by model, real first-year cost, timeline, and the trade-offs of going EU-regulated.
Read guide → JurisdictionThe Mauritius forex license: the cost-to-credibility pick (2026)
An independent 2026 guide to the Mauritius forex license — cost, capital, timeline, and why it's often the best credibility-for-money route.
Read guide → JurisdictionStarting a forex brokerage in Dubai and the UAE (2026)
An independent 2026 guide to starting a forex brokerage in Dubai and the UAE — the DFSA, FSRA and SCA routes, free zone vs onshore, cost, and who it suits.
Read guide →Quick answers
Is starting a forex brokerage profitable?
Short answer: it can be — but profitability is earned through client acquisition, retention and risk discipline, not handed to you by the model. Most new brokers fail on economics they could have predicted.
Read guide → Q&AHow long does it take to launch a forex brokerage?
Short answer: the technology can be ready in weeks, but your license is the real clock — anywhere from a few weeks for a registration-level offshore setup to 6–18 months for a Tier-1 regulator. The smart move is to run both tracks at once.
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