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Go Back   Talkgold HYIP, Investment & Money Forum > Other Ways to Make/Save Money > Forex Trading / Day Trading
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  #1  
Old 07-17-2009, 05:20 AM
Takiii Takiii is online now
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Default Re: Partners needed for starting Forex Brokerage Firm

I'm laughing.. How about you?
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  #2  
Old 07-19-2009, 06:29 PM
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HYIPtraffic HYIPtraffic is offline
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Default Re: Partners needed for starting Forex Brokerage Firm

Quote:
Originally Posted by Takiii
I'm laughing.. How about you?
Very much so !!!
Nearly complete lack of understanding of the matter by this BossOfHYIPs character.

Moreover, based on other posts of BossOfHYIPs, there is strong evidence that this guy has a first-hand experience in running scam HYIPs.
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  #3  
Old 08-03-2009, 08:49 AM
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BossOfHyips BossOfHyips is offline
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Default Two more important information

Hello,

Following are two important information about our progress till now -

a) Including customer's cost sharing, bonuses and maintenance of prime brokerage account while still giving the clients most competent services, the total cost of the firm would be $350,000. I don't need to explain every nitty gritty of it on the forum, those who qualify for the second and wish to know more can contact me at navneetpandey1989@gmail.com

b) 'In principle' we are financed to $350,000 with a total of 3 partners, all from India.
However, being consistent with my policy for least number of partners, if anybody is interested in partnering, then it should be a total of 2 partners + the individual need to finance $350,000. The stake in business, level of ownership, business plan, all projections could be discussed via email.

Regards,
BossOfHyips
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  #4  
Old 08-03-2009, 09:02 PM
HrForex HrForex is offline
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Default Re: Partners needed for starting Forex Brokerage Firm

We have complete white label solutions for under 15k Includes Platform with logo and website. And its an STP to 6 prime banks

Here are some of the benefits for our affiliates and our potential IB's:
• STP Business Model - Real-time execution quality via Straight-Through Processing (STP), 6 prime Banks with:

o No dealing desk intervention,

o No dealer slippage

o No dealer re-quoting

• Segregated Banking (FDIC Insurance) - Clients open segregated accounts via Sovereign Bank, recently purchased by Santander Bank of Spain

o Clients retain the benefits and security of FDIC Insurance (up to $250,000.00 USD) on non-margined funds.

• Experienced and Knowledgeable Staff - Leverage off our advice and experience to increase the speed and level of your success.

• Industry Standard Platform - MetaTrader 4 is the most popular and user friendly platform in the world of Forex. It is used by Self-traders and extensively by Automated Robotic Systems Traders (a.k.a. EA's), as well as money managers.

• IRA and 401(k) Accounts Allowed - Clients can rollover their 401(k)'s or move their existing Individual Retirement Accounts to a select number of Self-directed IRA Companies we have relationships with, to invest in Managed Accounts traded by FX professionals or Expert Advisor (EA) robots or to self-trade for themselves.

• MAM and/or Omnibus Accounts for Money Managers - Powerful software to allow money managers to trade multiple client accounts as one.

• Higher Visibility for New or Existing Money Managers - Successful traders and money managers could receive additional allocations from our institutional partners or clients.

• Real Time Client Tracking and Reporting - Keep track of all your clients and activity via powerful reporting software.

• Timely Turnkey Solution - We provide you with a fast track kit which includes a pre-built Website with your own brand logo and information, Marketing materials, Applications, White Labeled Platform (for IB's that qualify) and complete Back-office support.
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  #5  
Old 09-07-2009, 04:58 PM
felixkhafx felixkhafx is offline
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Join Date: Sep 2009
Posts: 5
Default Re: Partners needed for starting Forex Brokerage Firm

Quote:
Originally Posted by 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!
Hi this is Ahmed from Egypt i was searching for this information and someone like you , hope we can speak via email , we are an Egyptian company we want to start Brokerage firm in UAE , and we are looking forward for the information and steps to open an ECN Broker .

please contact me felix.khafxatgmail.com

thanks
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