Starting a cryptocurrency company has proved to be an attractive option in recent years. Companies looking to obtain a cryptocurrency exchange license for example, have found limited information on the subject, partly due to the fact that there are presently only a few countries in the world issuing cryptocurrency exchange licenses.
Although many companies have opted for a Malta crypto exchange license, with the country having established itself as a prime fintech hub for more than a decade, Estonia is also a very popular choice as it is one of the most advanced countries both in Europe and the world from a technological perspective. Its digital transformation started in 2008 as blockchain technology evolved. Since this time, Estonia has advanced at full-speed, permitting foreigners to open companies remotely and access governmental services from a distance.

Estonia continues its development of blockchain technology by allowing both local and foreign investors to set up various types of companies related to cryptocurrency trading. It is the first country in the European Union to provide for activities related to the issuance and trade of digital tokens undertaken by companies. The following information provides assistance for companies wishing to find out how to obtain crypto licenses in Estonia.

Legislation on Cryptocurrency in Estonia
In 2014, the Tax and Customs Board of Estonia published a document called Taxation of Trade in Bitcoins relating to bitcoins in Estonia which acknowledged bitcoin as a decentralised virtual currency. As a result, all persons and companies undertaking bitcoin transactions, have to be registered as providers of business services.

In 2017, the government of Estonia also updated the law relating to anti-money laundering, introducing improved regulations governing the operations of cryptocurrency companies. These include clearer definitions as to the use of cryptocurrencies, cryptocurrency wallets, types of licences available and the obligation of obtaining authorisation from the Financial Intelligence Unit Estonia.

The new regulations imposed on cryptocurrency companies in Estonia do not impose any restrictions for these companies to operate outside the country although they do need to comply with the legislation in the country where they will offer their services.

Licencing Requirements for Cryptocurrency Companies in Estonia
Companies wanting to apply for an Estonia cryptocurrency licence should be aware that there are two types of cryptocurrency licences that cryptocurrency companies can obtain.

A cryptocurrency exchange service provider licence allows a company to provide exchange services to those interested in trading cryptocurrencies against fiat currencies or other cryptocurrencies. A cryptocurrency wallet service provider licence, meanwhile, is issued to companies who wish to offer e-wallets or virtual token wallets.

Other kinds of cryptocurrency businesses, such as those involved in mining activities, can also be established in Estonia but unless they are involved in trading activities where a cryptocurrency broker licence is required, no special licence is necessary.

How to Get a Cryptocurrency Licence in Estonia
In order to carry out a Cryptocurrency Company Formation, you will need to register your business in Estonia first by choosing a company name which will be subsequently verified for availability. The company must then be registered with the Commercial Register and with the VAT authorities.

An application for either of the licences must then be filed with the Financial Supervisory Authority through the Financial Intelligence Unit Estonia. Amongst the documents that need to be submitted are the company’s Certificate of Incorporation, together with KYC and risk assessment documentation.

The applications are reviewed by the Intelligence Unit which takes up to 30 days after which time, the company can commence its activities.

It usually takes about two weeks for a cryptocurrency licence to be issued and it should be noted that a company must start its operations within 6 months of the date that the licence was issued.

Reasons for Starting a Cryptocurrency Company in Estonia
It’s easy to see why Estonia has earned a reputation as being one of the most secure places in the world to invest in cryptocurrency and that having an Estonia crypto licence is a prestigious accolade. The country’s commercial legislation encourages investors to set up companies by providing the straightforward registration procedure described, together with a transparent taxation system.

With its enthusiastic market and government which supports cryptocurrency initiatives, Estonia is a big attraction to companies setting up business. As one of the European countries where cryptocurrency is strictly regulated, establishing a cryptocurrency company in Estonia is not only a safe option for your company, it also provides your clients with the reassurance that your company falls under the auspices of a world-renowned jurisdiction.
Source: https://www.b2broker.net/news/how-to-get-an-estonia-cryptocurrency-exchange-license/

Cryptocurrency trading continues to attract a growing number of individuals and companies as potential returns can be substantial in comparison to traditional financial instruments. Since Bitcoin arrived on the scene a decade ago, we have observed a consistently increasing trend as the industry evolves into this exciting and lucrative new sphere.
In line with these developments, there has been a massive growth in the cryptocurrency exchange business, and with some of the top Bitcoin exchanges reporting considerable revenues, there is no better time than the present to capitalise on this upward trend.

If you have also spotted this opportunity and have thought about starting your own exchange, this step by step guide will help get you started.

-How to Start a Bitcoin Exchange in a Few Simple Steps
-Seek Legal Advice and Get a Cryptocurrency Licence
-Ensure You Are Sufficiently Capitalised
-Connect With a Liquidity Provider
-Partner with a Payment Processor
-Implement Watertight Security Practices
-Conduct Live Beta Testing

1. Seek Legal Advice and get a Cryptocurrency Licence
It is important to seek legal advice in the first instance to ensure crypto licencing requirements are met. The correct licence will be required for all jurisdictions where your company plans to operate. Many cryptocurrency exchanges currently operate with little oversight, but others have taken a tougher stance and have to adhere to stricter regulations, such as the US. Exchanges must also comply with Know Your Customer (KYC) regulations to counter money laundering. Hence, as regulations vary by jurisdiction, it is wise to consult with a lawyer familiar with the industry so you know where you stand.

2. Ensure You Are Sufficiently Capitalised
Before embarking on your project, you should be aware of the costs involved. There are many factors that need to be considered, but most importantly, you need to estimate the costs and time associated with developing, maintaining, and continually upgrading the software in-house.

Developing cryptocurrency exchange software from scratch can be very costly and can take around a year or two to complete. Taking into account the salary of your developers, their experience and the functionality you wish to incorporate into your exchange, this option can set you back around the $500,000 mark. Although this may not all be required up front, it is important to ensure the venture has access to sufficient capital to set up and maintain an exchange.

3. Connect With a Liquidity Provider
The key to a successful exchange is liquidity. Potential clients will not take you seriously without an order book and trading activity. This can be an issue in the early days and has prompted some new exchanges to simulate activity via dummy accounts. However, it is recommended to use a reputable cryptocurrency liquidity provider with a large network of existing exchanges for this purpose so as to enhance your liquidity. The larger the network of exchanges, the less liquidity will be an issue for your new exchange.

4. Partner with a Payment Processor
Payment processors differ in terms of fees and it goes without saying that you will need the lowest transaction rates available in order to be competitive with other exchanges. Other differences between processors include settlement time and PCI DSS compliance and a set of best practices to ensure cyber security while safeguarding your new enterprise against cyber threats. Ideally, you should integrate a cryptocurrency payment gateway to allow crypto transactions to be processed for your users.

5. Implement Watertight Security Practices
Cryptocurrencies are a big target for cybercrime and hacking, leaving exchanges susceptible to crimes which can be detrimental to a business. Security aspects are a big differentiator between exchanges so it is important that you implement the best practices to ensure that your clients’ funds are safe. These can include a three-level system of cold, warm and hot wallets, multiple security layers including two-factor authentication, anti-phishing features and database encryption.

6. Conduct Live Beta Testing
After building your exchange and going through all the necessary steps described, including setting up a contract with a payment processing firm and checking that all the correct measures are in place regarding security and regulatory matters, it is time to test your exchange’s full range of capabilities in beta. The experiences of your exchange’s early users can then be communicated back to the developers who can make any final changes before launching for real. This will also provide a preview and possibly create some media buzz for the final version.

Next Steps
These stages summarise the steps required to get your cryptocurrency exchange up and running. However, it is important to remember that although this should assist you with an action plan for getting started, no step-by-step guide can prepare you for all eventualities that might arise when you start your business.

For this reason, many people prefer to avoid the expense and hassle of starting from scratch by opting for white label exchange software which has already been thoroughly tested and proven to work. A big advantage of using a white label is that you save yourself the trouble of dealing with technical requirements, implementation and ongoing maintenance. Furthermore, you pay significantly less for a licence compared with developing it on your own.

A white label, or turnkey solution is also ideal for companies lacking a key components like crypto liquidity or the trading engine which might not be feasible options.

Find more in source: https://www.b2broker.net/news/how-to-start-a-cryptocurrency-exchange-step-by-step/

Forex trading is big business. $5.3 trillion is traded every day in the Forex market and it continues to draw a growing number of investors who are attracted by its massive profit potential. Generally speaking, with effective risk management in place, profits and losses are virtually unlimited so it comes as no surprise that many brokerages have set up to claim their share of the market.
Launching a Forex brokerage is an exciting business opportunity, but as with any business, it makes sense in the first instance to do some groundwork on how to become a Forex broker and then compile a forex brokerage business plan which will include important aspects such as where to register your brokerage and what trading instruments you will offer.

You also need to think about whether you should open a brokerage from scratch or opt for a white label solution. Here’s a step by step guide on how to start a forex brokerage firm.

Opening a Forex Brokerage from Scratch
Setting up a Forex brokerage from scratch requires a large amount of start up capital as well as time and effort to set up the business. There are 6 important steps that should be followed.

-Define Your Target Market
-Ensure You Have Sufficient Capital
-Connect With a Liquidity Provider
-Partner with a Payment Processor
-Set Up Your Brokerage Operations
-Pre-Launch and Going Live

1. Define Your Target Market
It is important to define your target region first. Pinpointing the location of your customers will help you choose the best jurisdiction to register your Forex brokerage. This is important as in this line of business, licencing requirements differ from country to country. There are many jurisdictions for Forex companies, Cyprus for example which serves many traders across the globe, as well as others including FCA, BVI and Cayman Islands, etc, and a comparison of these will need to be made before making a decision.

2. Ensure You Have Sufficient Capital
The amount of capital you will need is usually set by the jurisdiction, but you should know that irrespective of their requirements, the cost of setting up a Forex brokerage is high, hence it is advisable to ensure you have enough money to cover your expenses, ideally for the first year of operations.

3. Connect With a Liquidity Provider
The key to a successful Forex brokerage is liquidity so connecting with a leading liquidity provider is vital. As you will need to offer your clients leverage, it is recommended that you connect with a reputable Forex liquidity provider with direct market access to all Tier-1 FX liquidity venues.

4. Partner with a Payment Processor
You will need to partner with reliable payment service providers to allow you to compete effectively in the market, as well as having different deposit and withdrawal options to make it as convenient as possible for your clients.

5. Set Up Your Brokerage Operations
This step includes forex broker website design, deciding what trading platform you will use and what additional services you want to integrate. You will also have to set up an office at a physical location with IT and financial personnel, customer support, sales and marketing teams and compliance.

6. Pre-Launch and Going Live
You should allow sufficient time to test the trading platform, payment processing systems, mobile app, and other technical aspects by a focus group of your potential customers before your brokerage goes live. This will enable you to pick up on, and deal with any concerns before launching for real. Once you have completed these steps and are ready with an effective marketing campaign, you are set to go live.

Find more in source: https://www.b2broker.net/news/how-to-start-a-forex-brokerage-step-by-step/

We are excited to inform you about a range of new features we've introduced on B2BX⚡
 
⚡The biggest feature is the release of a Public and Trading API that will allow users:
- to get market data (real-time quotes, order books, historical data) for all instruments
- to execute and cancel orders
- to get information on the current balance and opened orders

⚡The trading requests are signed with a SHA-512 hashing algorithm which allows to increase the security of trading operations. The public and private keys can be created in the profile menu of the trader's room.

⚡We have also updated the KYC module and verification levels. More detailed information can be accessed via the following link: https://www.b2bx.exchange/trading-conditions/.
Now our users can upgrade their verification level even faster.

‼️Due to our AML & KYC policy and integration of the new KYC system, we have taken the opportunity to inform you about the obligatory requirement for individual clients to pass the KYC procedure once again‼️

⚡The number of shown tapes in order books of all instruments has been increased so that users will be able to get more information about liquidity on our platform.
 
⚡We have updated the design of our website
 
A modern appearance, user-friendly interface, informative content and enhanced functionality - everything is aimed at increase your satisfaction when using B2BX.

🔥There are many updates coming soon so remember to follow our website and social networks.

Lately, a very attractive jurisdiction has been offered to business owners in the industry looking for a license – Labuan Forex License.
The Securities License in Labuan allows you to buy, sell, trade securities such as shares, bonds, etc. and managed a portfolio of investments for and on behalf of your clients.
This License can be useful for Brokerage firms, mutual or hedge funds etc who may have clients wishing to invest in securities which may not be permissible or must comply with onerous and costly compliance of their resident jurisdiction.

There are various strong sides of this regulation:
-First, it is the fastest available Forex regulation and it is possible to obtain it in 2-3 month
-Second, it requires Low taxation 3% on profits or 20,000 Malaysian Ringgits yearly payment
-Third, huge advantage of this jurisdiction is that it is possible to open accounts in the largest banks of Malaysia and to connect any acquiring directly
-Also, this license is equivalent to the European one

Find more in source: https://www.b2broker.net/news/labuan-forex-license/

If you’re looking to set up your own brokerage business, should you choose  Forex or Crypto? Find out more about what each solution offers and what is the best choice for you.
Setting up a brokerage is a great way to capitalise on today’s growing trends in the financial markets. However, launching on your own can be complex so it’s reassuring to know that you can avoid the possible pitfalls of doing it yourself by implementing a professional, ready-made solution in as little as 3 weeks. There are two popular ways in which you can go about this…

Start a Cryptocurrency Broker Turnkey
Revenues in the crypto industry can potentially exceed traditional financial instruments many times over and ongoing developments in the crypto-sphere show that demand for these services remains on track to grow even further.

Amid the growing interest in cryptocurrency trading, setting up a cryptocurrency brokerage is proving to be an attractive option. If you’re one of the businesses who have considered this possibility, a turnkey solution should definitely be considered.

A cryptocurrency broker turnkey is one which facilitates trading and exchange of cryptocurrencies for fiat currencies and vice versa, and provides a platform for clients to store their cryptos. A few offer a range of other services such as crypto liquidity.

To be best placed to set up a successful business, the main challenge is to offer a better service than other players in the market which will attract more clients. Generally speaking, an exchange and cryptocurrency trading platform should be user friendly with a secure payment portal for crypto payments and a smooth withdrawal process for clients. All this requires a good understanding of how cryptocurrencies and digital payments work on a global platform. The easiest and most foolproof way to do this is to set up a cryptocurrency turnkey brokerage business.

As one of the industry leaders, B2Broker has provided many of its clients with a turnkey cryptocurrency brokerage solution using its technology and liquidity, enabling them to offer their own clients a full spectrum of services for exchange, trade and investments in cryptocurrencies with advanced trading platforms. Clients are delivered a viable business comprising a sophisticated trading solution with an attractive range of offerings and many features over and above what crypto exchanges can provide.

Start Your Own Forex Broker Turnkey
Another popular option for brokers is launching a Forex Broker turnkey. Forex is one of the largest financial markets. High leverage, deep liquidity, regulated and developed infrastructure make it possible to build a high-yield business in the investment and fintech industry. With around 4,000 brokerages in existence and an estimated 300 million traders and investors across the globe, the potential of the market is enormous.

However, starting a brokerage business involves a great deal of planning, costly financial decisions and development costs, not to mention a host of legal procedures. This is why many companies choose a turnkey solution, leaving them to focus on the running of their business.

A Forex turnkey solution is an ideal opportunity to start a brokerage business quickly, without significant costs and to on-board the latest technologies in response to client demand.

There are even many existing brokers who favour turnkey solutions as in most cases, it is more cost-effective and efficient to buy, rather than develop, new software geared up at persuading existing clients to remain with the broker and for attracting new clients.

While being a lucrative industry, forex also happens to be very competitive which means that brokers more than ever, have to be equipped to offer their clients cutting-edge technology, deep liquidity pools and products which cater to the constant changes in market conditions and the introduction of stricter regulations.

Costs for developing these kind of products can be extortionate and require a great deal of time and commitment in terms of specialised staff. Thus, it makes logical and financial sense to avoid the complexities involved by outsourcing to a specialist provider who can deliver any extra functionality demanded by their clients.

These solutions are not only sought by Forex brokerages, but by other players in the financial industry such as prime brokers, prime of prime brokers, liquidity providers, hedge funds, banks and HFT & prop-traders.

Whatever kind of brokerage you choose, B2Broker offers a turnkey solution with Forex, CFD, Cryptocurrency, Metals, Indices, Commodities and ETFs all on one platform.

B2Broker will provide you with:

-White Label of MT4 or MT5

-Liquidity for 7 asset classes

-Single marginal account with liquidity for 800+ pairs

-Several connectivity methods: Prime XM, One Zero, AMTS and FIX API

-Trader’s Room (CRM) for your clients and a back office for your team

-Investment Platform (PAMM/MAM/Social Trading/Copy Trading)

-Crypto payment system

-IB referral flexible module: Lots, Markups, % Commission Fee

-Landing page

-24/7 responsive support

-Cost-effective pricing (No revenue share model - just a software fee)

In addition, with our solid industry experience, we are perfectly positioned to advise you on the following areas:
-Legal aspects

-Connecting to a reliable fiat PSP

-Opening a bank account

-Marketing strategy

-Education on all technical issues

-Product strategy

B2Broker has a solid reputation for successfully building brokerage businesses from the ground and now services over 70 prestigious clients across the globe. If you would like to have your own turnkey brokerage up and running in just 3 weeks, talk to us today!

Cryptocurrency payments and solutions for facilitating these type of payments are more in demand than ever. As they offer a safe, secure and transparent way of undertaking transactions, cryptos continue to attract an increasing number of users, thus more and more businesses have started accepting this mode of payment. This rise in demand is paralleled in the forex industry which has, in turn, brought about a corresponding increase in demand for forex brokers merchant services.

As crypto payments have become more infiltrated into society and increasingly embraced by the business world, it stands to reason that brokers who integrate a cryptocurrency payment gateway and set up a forex merchant account will reap the benefits from offering their clients crypto payment services.
B2BinPay is one of the leading FX payment service providers facilitating blockchain payments and has come to be recognised as one of the major providers in the industry, attracting different genres of clients.

Enabling Global Online Cryptocurrency Payments
In more detail, B2BinPay is a payment gateway for forex brokers which enables businesses to send, receive, store, exchange and accept cryptocurrency payments online, safely, securely and cost-effectively across the world. The solution has a wide user-base including forex brokers, cryptocurrency exchanges, hedge funds, online stores and other merchants who use it to process cryptocurrency payments.
By offering the facility to make online crypto payments, businesses are able to offer their existing clients an additional payment method, as well as attract new clients, potentially boosting company revenues. In addition, crypto payments are a secure payment mode which are accompanied by lower charges than other payment methods such as credit cards which is an added bonus for clients.

B2BinPay provides users with two payment methods - crypto/crypto and crypto/fiat. In the case of crypto/crypto, if the client pays in cryptocurrency, you will get paid in your chosen crypto, for example, USDt or USDC, etc. With crypto/fiat, if the client pays in cryptocurrency, you receive fiat currency (USD, EUR) to your balance.

Benefits of Choosing B2BinPay
Accepting Bitcoin and other cryptos is not only straightforward, users also get to benefit from a range of features including low fees and different account types.
Credit and debit card fees can incur substantial costs for businesses, especially where multiple transactions are involved on a daily basis. As cryptocurrency is decentralized, transaction fees are minimal so by accepting crypto payments, merchants are able to decrease their transaction fees to a small percentage of those offered with regular online payment gateways.

Solutions for Merchants and Enterprises
Accepting bitcoin and other cryptocurrencies is a straightforward process and B2BinPay allows any kind of business to securely and effectively send, receive, store and exchange and accept crypto payments online. Features include no recurring fees or hidden charges, low processing fees, downloadable reports, real time balance and transaction history and secure checkout.

Enterprise clients benefit from a highly secure, reliable and scalable wallet from one of the industry’s most reputable cryptocurrency payment providers. Our enterprise crypto wallets solution is a perfect fit for Brokers, Exchanges, Hedge funds, Asset Managers, Tokenization Platforms and Token issuers, etc. All major coins, stablecoins, liquid and non liquid tokens are served under one reliable platform.

B2BinPay Enterprise wallets solution supports nearly 95% of all tokens on the market today based on ETH, NEO & NEM making it unbeatable in terms of quantity of supported tokens.

Managing tokens is now an easier and a straightforward process that saves time, reduces risk and processing costs. There is no need to manage your own nodes, deal with any updates and maintenance or secure them as B2BinPay does it all for you.

Clients will also find it a simple way to work with USDT, the most popular token based on bitcoin with the added advantage of being able to manually or automatically withdraw tokens at any time to your clients or your own wallet using our robust API.

Features include secure deposits, automatic token collecting and withdrawals, white-label integration, advanced API, back office system with all stats for transactions and reasonable prices based on processing volumes, sandbox environment for your development team, 888+ coins and tokens supported, advanced real-time reports and 24/7 technical support in 6 languages including Chinese, English, Spanish, Russian, Arabic and Greek.

In further news, an online chat feature is now included with each client’s personal account, making the process of technical support more accessible and easier than ever before. 

If your business needs a recognised PSP for forex brokers, B2BinPay from B2Broker can provide you with access to the cryptocurrency markets quickly and easily, facilitating crypto payments across the globe. Set up and integration of the B2BinPay platform is feasible in under an hour via a single API. Contact us today to learn more.

Find more information in source: https://www.b2broker.net/news/payment-gateway-for-forex-brokers-and-crypto-exchanges/

Demand for cryptocurrency is now many times higher than supply and it continues to grow exponentially. The trend has led to an increase in demand from people wanting to access to this new instrument with participants in the online trading industry scrambling to fulfill this need.
One of those participants is B2Broker, an aggregator of cryptocurrency liquidity and provider of turnkey, cloud and liquidity solutions for the Forex industry.
The recent rallies in cryptocurrency prices, especially Bitcoin, has captivated the financial world over the last year. In 2008, at the dawn of the global financial crisis, a completely digital asset based on Blockchain technology was created called bitcoin.

Initially adopted by computer geeks, it didn’t take long for speculators to jump on the bandwagon. Now, bitcoin is all over the place and there is little doubt that the future belongs to digital money.

Demand for cryptocurrency is now many times higher than supply and it continues to grow exponentially. The trend has led to an increase in demand fr om people wanting to access to this new instrument with participants in the online trading industry scrambling to fulfill this need.

One of those participants is B2Broker, an aggregator of cryptocurrency liquidity and provider of turnkey, cloud and liquidity solutions for the Forex industry.

B2Broker responded to what it saw as a gaping need for cryptocurrency liquidity. There are currently in the region of 7,000 forex brokers and only 20 of them offer cryptocurrency trading. There is a gulf between a tiny market and enormous demand. In this respect, B2Broker became the only company to professionally set up cryptocurrency brokers and create liquidity in this market.

What is Cryptocurrency Liquidity?
Cryptocurrency liquidity is the opportunity to buy or sell digital assets in a desired amount – but it is scarce. There are currently around 150 exchanges engaged in cryptocurrency trading, with only about 50 having decent volumes.

This has resulted in there being no competition or incentive to improve services and trading conditions. Deposit of funds and withdrawal limitations coupled with immature services slow down operations and fast-growing demand is left unsatisfied. To purchase bitcoin easily, there should be at least 1,500 cryptocurrency exchanges in existence rather than 150.

In margin trading, the situation is little better. Over 60% of investors perceive bitcoin as a source of speculative income. They want to buy it today only to sell tomorrow and pocket the price difference. They do not require physical delivery. But if, say, EUR/USD liquidity allows you to trade any volumes, BTC/USD liquidity will put limitations on your ambitions. Therein lies the problem.

It therefore comes as no surprise to learn that, according to a survey in the latest issue of Finance Magnates’ Quarterly Industry Report (QIR 4 2017), retail FX/CFD brokers see one of the biggest obstacles of the crypto market being lack of liquidity. Nevertheless, of those surveyed, 50% of the brokers offering Bitcoin trading are considering adding more crypto assets to their instrument ranges.

Connecting to Cryptocurrency Liquidity
Connecting to cryptocurrency liquidity is technically quite simple. B2Broker use B2BX, a cryptocurrency liquidity aggregator that combines the liquidity of five of the largest exchanges which will soon increase to ten. The exchanges create the liquidity, while B2Broker provides it to clients, connecting МТ4/МТ5 brokers free of charge via ready-made bridge technology. It is also possible to connect any platform using FIX API.

There are 35 brokers in the company’s portfolio that have access to the aggregator offering cryptocurrencies to their customers with plans to connect at least 200 brokers until the end of 2018, making B2BX the largest aggregator in the industry. While B2Broker focuses primarily on brokers, anyone can open an account and trade cryptocurrency, including banks, hedge funds and private investors.

Why Connect to Cryptocurrency Liquidity?
There are two key reasons for brokers to consider connecting to connect to cryptocurrency liquidity and offer cryptocurrency trading. The first is the

popularity and growth potential of cryptocurrency. The digital currency is characterized by deep corrections and high volatility, and yet in the next few years, it will inexorably rise against the background of legalisation in the largest countries and the widespread use of Blockchain technology.

Secondly, there is the opportunity for huge commissions, along with lack of competition. The foreign exchange market is oversaturated and brokers have to compete at the price level, hence the narrow spreads and low commissions. Among the 15 largest exchanges, the commission varies from 0.2% to 0.5% of the volume traded. This means that a medium-sized exchange with an average daily turnover of $500 million per day earns a minimum of $1 million in commission. This market will remain very attractive for a long time, even though new players will emerge here soon, competition will grow, and commissions will eventually decrease.

Speculative and investment interest in cryptocurrencies is growing rapidly which is not surprising with the market being so highly volatile. With cryptocurrency liquidity from B2Broker, brokers can offer their clients beneficial conditions and fill a new niche in the market for this financial instrument to the benefit of both speculative traders and the Blockchain community as a whole.

Future Growth
With a trading volume of over $20 billion per day, cryptocurrencies represent a new economy. Blockchain is a revolutionary technology, in terms of significance comparable with the Internet itself. The crypto-economy is estimated to become at least 20 times bigger within the next two years. The number of search queries for the “blockchain” keyword has also grown enormously, now exceeding 15 million per day.

The same is true for bitcoin. Since the beginning of 2017, Bitcoin has risen 1000% (from $1000 at the start of 2017 to $10,000 now) while the capitalisation of the entire crypto-currency market now amounts to around $434 billion. Yet, this is not the lim it. There are in the region of $200 trn circulating in the global economy.

The capitalisation of the derivatives market which includes forex and CFDs, amounts to an astonishing $1.2 quadrillion. If we treat the digital currency as the derivative, then in terms of scale the crypto-economy may be comparable to the whole global stock market.

Forex liquidity refers to a currency pair’s ability to be bought and sold without creating a major impact on its exchange rate. A currency pair is regarded as having a high level of liquidity when it can be bought or sold easily, and there is a significant amount of trading activity for that pair.

The importance of liquidity in forex trading is clear to see since it is a key factor in being able to make a trade profitable. Having greater liquidity in a financial market enables an easier transaction flow and makes pricing more competitive. The provision of liquidity is important for well-functioning asset markets and in the case of forex trading, this is where the need for forex liquidity arises and to follow, we will see how liquidity affect forex.

Who Provides Liquidity to the Forex Market?
So, what is a liquidity provider in FX? A liquidity provider is a market broker or institution which acts as a professional market maker, working at both ends of the currency transactions.

Several types of market participants provide liquidity to the forex market thereby increasing the forex liquidity volume. These include central banks, major commercial and investment banks, hedge funds, foreign investment managers, forex brokers, retail traders and high net worth individuals.

The top liquidity providers in the foreign exchange market are known as Tier 1 liquidity providers. These consist of the largest investment banks with large forex departments who provide buy/sell quotes for the forex pairs that they make markets in, often providing their clients with a range of other services.

The Importance of Liquidity in Forex
The importance of liquidity in the forex market cannot be overstressed. As we already noted, one of the most important aspects that enable attractive rewards in trading is the presence of a liquid market. This is where the requirement for forex liquidity services arises.

A liquidity provider will make sure that more price stability is achieved by taking a position in forex pairs that can be offset with another market maker or added to the market maker’s book to be liquidated at a later time. Some forex market makers will watch orders and call levels for clients and can execute market orders on their behalf.

An individual trader will never get direct access to a Tier 1 liquidity provider. Their access to the forex market will be provided by an online broker. Good online brokers tend to use at least some Tier 1 liquidity providers to fill most of their orders and will normally access an ECN/STP network tin order to execute trades. Other brokers operate on a No dealing desk (NDD) basis, which effectively means all their transactions are transmitted straight to a Tier 1 or secondary liquidity provider.

Brokers operating a dealing desk assume the role of a liquidity provider by letting their clients buy and sell on their system with the broker taking the opposite side of the transaction, offloading any risk with professional counterparties as necessary. These firms effectively act as market makers and their business takes advantage of the fact that most traders lose money when they trade.

Online forex brokers usually connect with a number of liquidity providers to obtain better dealing rates and spreads. In doing so, they can offer their customers the best price obtainable from multiple liquidity providers.

What to Consider When Choosing a Liquidity Provider
In order to source the best liquidity provider, brokers need to assess their own specific needs and address several factors. Primarily, a broker should look at the overall package on offer relating to what assets and the kind of liquidity being provided. It is essential that multi-asset liquidity is provided by the liquidity provider together with access to the FIX protocol and historical data. In addition, a nominated account in different currencies should ideally be an option.

Market depth is another key consideration. This provides an indication of the liquidity and depth for a particular currency. The higher the number of buy and sell orders at each price, the higher the depth of the market. A liquidity provider must be able to offer fast trade executions with re-quotes or slippage, particularly during times of high impact market news.

A liquidity provider’s price offering must include spreads which are competitive as well as low commissions and swaps with no compromise either side.

Liquidity providers should also be regulated in the same way as brokers to ensure they are operating under the industry’s best practices and that there is a prime broker backing up the liquidity provider.

Finally, a reputable liquidity provider should be able to provide an automated and robust reporting system to enable them comply with regulatory requirements. Typical reports include trade reports, FIX bridge reporting, swaps and rollover reporting and order book access. Finally, a liquidity provider should be able to implement FIX protocol and other APIs, MT4/MT5 bridge connections and FIX bridges.

Read about forex CRM: https://www.b2broker.net/news/forex-crm-how-to-find-the-best-solution-for-fx-brokerage-management/

Read this article. It also may help you to increase your earnings https://www.b2broker.net/news/b2broker-offers-new-trader-s-room-clients-free-ib-module-to-increase-potential-earnings/

Find a new trend - copy trading. Looks pretty interesting. Read about it
https://www.b2broker.net/news/capitalise-on-the-copy-trading-trend-with-b2broker-investment-platform/

Do I need to receive license like this? https://www.b2broker.net/news/how-to-get-a-forex-license/

You also should get hong kong license for btc transactions https://www.b2broker.net/news/how-to-get-a-hong-kong-forex-license/

I have found better one: https://www.b2broker.net/news/how-to-choose-the-best-forex-affiliate-program/

It is necessary to invest anyway. However, you can increase your profit fast, if you would doing right things. Read this before you star, it might be useful https://www.b2broker.net/news/how-to-generate-forex-leads/

Hello everyone!
We are happy to share some updates with you⚡️

Recently, Binance Coin (BNB) was added to the B2BX exchange - this is the cryptocurrency of the Binance platform - the most popular, liquid and the largest cryptocurrency exchange in the world in terms of trading volume.

Also several new trading pairs are now available at our platform:
BNB/USDT
USDT/USD
USDT/USDC

We remind you that you can fund your account in fiat via the following options: Epay, Upaycard, Bilderlings, SEPA, SWIFT, from VISA / MasterCard bank cards, as well as through the new Simplex system!

Important⚠️: Simplex allows you to make deposits using a bank card and immediately receive funds to your wallets in BTC, ETH, LTC, XRP, BCH cryptocurrencies, starting from the first level of KYC!

Please notice that you can use the Epay deposit option to make transfers through Perfect Money, AdvCash, Fasapay and Payeer.
While using Upaycard you can make a deposit through Qiwi, Skrill and Neteller.

We also added an adaptive platform so that all of our users can trade, make deposits and withdrawals using mobile web-browsers.

More updates are coming soon!
Stay tuned!

Yes, and we attended this expo!
Stay tuned at our televrsm channel

And we are on the way to improve existing services. We added bank card deposit option, updated matching engine and more updates are coming!

Hello,
Please follow this guide: https://support.b2bx.exchange/en/b2bx-token/how-to-recover-b2bx-tokens-from-ico/