[BossOfHyips]

Hi Folks,

I would like to introduce myself as trader in forex (spot currency trading, particularly GBPUSD, EuroUsd, AudJpy, GbpJpy pairs). Overall, I am satisfied with journey this far.


Myself and one of my friend, will open forex brokerage firm particularly targeted towards Indian Forex Traders.
Our competitors are Reliance Money(middleman) and Alpari (US company) and of course outside forex firms.

In 2006, daily retail trading volume from Indian clients was $250 million.
In the year 2009, this value is $1.2 billion. Our objective is to tap this market and grow bigger and financially stable before our competitors sight it as a "sector" or opportunity.

Our strategic edges are -
1) 1.4 pips to 1.9 pips spread on EuroUsd IN ALL MARKET CONDITIONS. Similar competitive spreads in other currency pairs as well (possible because of a combination of liquidity providers for various market conditions).
2) All brokers charge $20-$30 fees for deposits. We will charge either $5 or charge nothing.
3) Direct cash deposit/cheque deposit. No bank wire or lengthy,inconvenient procedure!
4) No Requotes.

Expenses would be $38,500 (initial) + $27,500 (first 18 months marketing and sales)
Also, $7,000 would be monthly expenses towards technical support, hosting of servers, employees payment, office space, bills etc.
Totaling to $150,000 for first 18 months of our business.

Profit potentials with consideration of lesser than average performance are -
First 6 months - $0
7th to 9th month - $10,000
9th to 12th month - $15,000
13th month onwards - $10,000 monthly + $300,000 semiannually.

Myself and my friend have raised $30,000 collectively for this venture. We require $120,000 further for this venture.
Please see that, we are looking for only those who can join our team and can bring financial and/or strategic advantage to our team.

We don't want more than 7 partners in total (I hope that's good enough number of partners for a firm of this size). Also, all the partners will be automatically board members and hence, all decisions will be make by collective mutual agreement and total transparency. Unfortunately yes, there will be a single place where the office would be and will be decided collectively by the partners.

So, if you can come up with $20,000 minimum backing and preferably a strategic value, then you are welcome to PM me. I won't post my email as that monkey will edit it and then give me a warning

I clear it before hand, there wouldn't be any communication on this thread. If you are interested then kindly mail/PM me and it would only an email or telephonic conversation and later on meeting.

Appropriate and complete citations and business plan to back every statement will be provided to only interested and capable parties. Others kindly stay away.

Have a great day!