Define your target audience and do research.
Ensure you have sufficient capital.
Connect with a reputable liquidity provider to offer your clients leverage.
Partner with a payment processor to allow you to outstand your rivals, as well as to have different deposit and withdrawal solutions to make it user-friendly and comfortable to utilize by your customers.
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.
Test the platform and roll it out. You should have enough time to test your product, payment processing systems, mobile app, and other technical aspects by your loyal customers or IT experts. You should test it in advance. This will enable you to pick up on and deal with any bugs and problems before launching.