MetaTrader 5, or more commonly known as MT5, is the latest version of the multi-functional and asset trading platform from the house of Metaquotes.
MetaTrader 5 (MT5) is a multi-asset trading platform by MetaQuotes. that allows trading forex, stocks, and futures.
Like most online trading platforms, MT5 allows traders to view charts, stream live prices, and place orders with their broker.
Trading on MT5 gives traders access to financial markets including foreign exchange, commodities, CFDs, stocks, futures, and indices.
The company registration takes two weeks, and its cost is small compared to the rest of the license. Registering a company in this country is a good decision to start a business. 9 out of 10 forex brokers use this option.
The trading platform is the backbone for forex brokers to connect clients to the market and secure their liquidity. MT5 is the most popular trading software all over the world.
Through MT5, your clients will be able to trade forex, cryptocurrency, stocks and metals at the same time and in your own company. The platform contains web, desktop, mobile, and many other services.
Deposit and withdraw
One of the most important steps that you should attach great importance to in your company are the withdrawal and deposit methods. This reflects the confidence of your customers and the extent of the company's size, taking into account the different civilizations of each country and its transfer system.
There are many ways to accept payments from customers: bank transfers, credit/debit cards, e-wallets, and cryptocurrencies.
Electronic wallet. These sites include Skrill, Neteller, and others. The broker needs to open a wallet in the selected payment system and place it on the website and in the trader’s room.
Acceptance of digital currencies. Over the past four years, the amount of funds accepted in cryptocurrencies such as Bitcoin, usdt, XRP, etc. has grown and is 42% of all transfers. Manual acceptance of funds can be organized by withdrawal and depositVisa MasterCard. to receive money by bank cards
Brokers attract clients by advertising on the Internet, participating in forex fairs, holding free educational seminars, and handling '(cold, hot) calls through call centers. Of all these methods, the most effective is call center and public relations.
You should take into consideration that you are targeting East or West clients to establish your call center in the appropriate country and organize it is the most important thing that a forex startup must do in terms of attracting traders and providing them with technical support service.
Preparation of sales texts; and dial. social media marketing; purchase of a database of potential customers; Hiring experienced employees.