Expert Tip: Crypto Currency Deposits & Anti-Money Laundering Procedures

Posted by Richard Perona on Sep 6, 2018 9:29:18 AM

Throughout my 18 years in the FX industry, AML (Anti-Money Laundering) / KYC (Know Your Client) training has been an annual requirement at the bank and broker level. Regulators have continually stressed the importance of AML / KYC training to help create an effective awareness of, and procedure for, financial crimes with the goal of protecting the firm and their clients. It is important to familiarize bank and financial institutions employees each year with anti-money laundering (AML) policies and procedures.

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Topics: Anti-Money Laundering (AML), Know Your Client (KYC), Financial Crime Protection, Crypto Currency

Traders’ Room and CRM for Your FX Brokerage: 101

Posted by Anya Aratovskaya on Jun 13, 2018 7:28:00 AM

As with most businesses, the operation of a Retail FX Brokerage involves a lot of moving parts that must be synced together to create an efficient and viable business.
These would include Legal (KYC, trading agreements, dispute management, regulatory reporting), Trading Platform Administration and Management, Liquidity and Risk Management Provisions, IB Management, Client Support, and, of course, Sales and Marketing.

Startup FX Brokerages, or “SYOBs”, face many different challenges.
For example, please take a moment to read some of our previous articles on picking the best MAM systems for MT4/MT5 or MT4/MT5 Bridge Provider Comparison.
This time, however, I will focus on the comparison between Traders’ Room and other CRM providers and highlight the key features favored by FX Brokers.

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Topics: SYOB, Start Your Own Forex Brokerage, FX Broker Startup, Know Your Client (KYC), Thought Leadership, Forex Marketing

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