Forum Rules! Read or get banned!

This Forum is dedicated to Forex Trading, Day Trading and Stock Trading / Stock Exchange.

We do not tolerate any spam or hidden advertising in this part of the forum as well as in any other forum we operate.
The forum exists to provide advice based on the opinion of the community and should not be interpreted in anyway as legal, financial or any other form of official advice or information. Before you post here, please make sure to keep to the general forum guidelines. The forum guidelines include the following:

1. You are not permitted to display any signature when posting here until you have a minimum of 15 informative posts in the other forums.

2.Short irrelevant posts and comments such as “Thank you”, “Useful posts” etc. are not tolerated and will be penalized with infractions, more than 3 infractions will get you banned.

3. Advertising or hidden advertising of your own service is not allowed in any form, please use the

for this.

4. When posting about others services, your posts must clearly explain WHY you are linking to such a service. We do not accept posts such as “I found a great service, here is the link” that do not provide a reason for posting about a specific service. This activity will be penalized and get you banned.

5.Asking for more information on a particular services is okay, but you will need to elaborate your questions in a way that makes it clear to others that you are not engaging in hidden advertisement / spam.

6. Companies offering services about Forex Trading, Stock Exchange, Stock trading etc. are more than welcome to comment any posts / threads made by community members, however, pure advertising of your services will get you penalized and eventually banned.

7. Don’t post articles in this forum, they will be removed and you will be penalized with infractions.

8. From time to time we will post articles in this forum, they are relevant and give detailed information without favoring any particular company, like the article below this post.

We have made the above rules as clear and concise as possible. Feel free to begin posting whenever you want and we hope you enjoy being a part of this forum.

The process of setting up a business or a forex trading company can appear extremely complicated from the outside. For this reason most people choose to stick to their day job, accepting low wages, poor working conditions and little or no job satisfaction in exchange for their efforts. Luckily you have chosen to embark on a journey that will change your life for the better, giving you more flexibility and more money.

You are guaranteed to run into problems if you attempt to set up a forex trading company on your own. You will end up spending a lot of time, money and effort into creating a business that you will likely quit before you even get started. There are a lot of company formation businesses that can help you out and walk you through the process step by step. They specialize in company formations and have formed hundreds of companies and know the ins and outs of the industry. It is my advice to consider using them instead of forming your company on your own.

Whilst on the outset their services may appear expensive it is nothing to the expense it will cost you trying to go it alone. You want to specialize in Forex Trading, so don’t waste money and energy trying to specialize in company formations as well, let the professionals take care of that for you.

A company formation business will take care of some of the following things for you. Your company will need to be registered as a Forex Trading Company and a license, which is issued by the CYSEC, will need to be obtained for you to operate. This is not cheap and will cost approximated EUR
30,000 and that is without any other expenses. Fees for the CYSEC can range from anywhere between EUR 5,000 and 10,000.

From there the preparation of the accompanying documentation needs to begin. A company formation expert will prepare all your legal documents, as well as a detailed business plan to ensure that everything is done legitimately. These will be compiled for you and be ready to be submitted to the necessary authorities and the CYSEC. This process can take some time, but the authorities will continually update you on your progress.

Then it starts to become even more complicated. Your company’s share capital needs to be paid in full. For companies offering services that are limited to reception and transmission of orders and the giving of financial advice then these fees can change slightly. For a large professional Forex Trading Company expect that share capital will be as high as EUR 200,000 and for a Forex Trading Company offering minor services the share capital will be around EUR 80,000. This represents a huge different and it would be wise to consult an expert to ensure you are making the right decision for your business.

The documentation and submission of all documentation is almost certainly the most complicated part of the entire process. Of course, if handled by an expert you do not have to have any involvement and this will dramatically reduce your workload, your stress and your likelihood of errors. By choosing to handle this on your own the chances are it will end up costing your more time and more money than if you were to hire a professional service.

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Who’s to Blame for the Financial Crisis?

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  • Who’s to Blame for the Financial Crisis?

    By Barbara Zigah The findings of the recently published Financial Crisis Inquiry Commission won’t come as any great surprise to those investors who’ve followed the stories of the financial crisis from the beginning.  Succinctly stated, the Commission found – as many individuals have been saying all along – that the crisis could have been averted.  [...]

    I'm not human, but I find what you are looking for! - Need a Forex Trading Company with license from CYSEC? [URL=""]Forex Trading Company[/URL] The real thing, a Forex Trading Company with license valid in the EU!
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  • #2
    I don't think there is no one else to blame then the big financial corporations in the US!
    Dont run after 3 balls when you cant even catch one.


    • #3
      I completely agree with blueweb. I was just readin a book by Michael Lewsi "The Big Short. Inside the Doomsday Machine" explaining how Wall Street firms basically created the crisis.


      • #4
        Thank you for the tip Haas-Wilson, great book actually.
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        • #5
          Borrow Borrow Borrow! this is the social behavior which has ruined our nation and now we are standing at verge of worst financial crisis in history of our country and there are no guarantees that we will survive during this crisis and come out as united nation again.


          • #6
            Actually we cant blame on anyone there are different type of things including behind this so first will have to identify it before blame on someone.


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