Before approaching a banking or payment institution, we assess the brokerage licence, ownership and management profile, client jurisdictions, source of funds, expected transaction volumes, currencies and deposit and withdrawal methods. This preparation improves the quality of the application and helps identify institutions that are more closely aligned with the brokerage model.
A PSP is a payment-service provider and does not automatically replace a bank account. Depending on the structure, a combination of banking, EMI and PSP relationships may be required. Contact us to develop a practical banking solution for your Forex brokerage.