Can you trade Forex as a Company?

Hey there! If you own a business and are considering getting into the world of forex trading, this is the article for you!

There are a few different ways for your business to get involved in forex trading, and we’ll go over all these options in this article.

We will also discuss the legal and regulatory aspects of your chosen route.

Whether you’re a small business owner or a big corporation, you should read on to find out more!

Option 1: Setting up a corporate account with a forex broker

Most people set up a corporate account with their FX broker as the main way to trade forex. The forex broker then gives traders a platform to buy and sell currencies.

When opening a forex account, you will need to provide some paperwork, like proof that your business is registered and information about the company’s directors and shareholders.

By setting up a corporate account, your company can make trades on behalf of the business.

Do take note that the process for setting up a corporate account may differ depending on the broker and where your company is located.


There are a few reasons why setting up a corporate account with a forex broker might be a good idea.

Firstly, once you have a corporate account, you’ll get access to lots of different trading platforms and tools that can help you keep an eye on market trends and do analysis.

Secondly, you can receive support from your broker as a corporate client, which can be useful for companies just starting out with forex trading.


However, there are a few potential drawbacks to consider.

For example, trading using a corporate account may incur additional expenditures such as commissions and fees.

Remember that there is always some element of danger in forex trading. Therefore your organization must understand and manage those risks.

Despite these possible disadvantages, opening a corporate account with a forex broker can still be a smart option for businesses that want to enter into forex trading and have the necessary resources.

Conduct research and compare different brokers to pick the one that best suits your needs.

Option 2: Using a third-party service

Using a third-party forex service

The 2nd option for trading forex as a company is to use a third-party service, which is a company that provides forex trading services on behalf of other businesses.

A business can hire experienced traders and analysts through a third-party service contract to handle its forex trading operations.

Not all service providers are the same, though. The contract’s conditions may change depending on the service provider and the services offered.


There are various potential advantages to employing a third-party FX trading service.

The first advantage is that having someone handle your finances for you will allow you to free up more of your time. You will most likely need to check up on your account every few weeks.

This is perhaps the most significant advantage.

Furthermore, numerous third-party firms provide a variety of trading tools and resources that can assist businesses in tracking and analyzing market patterns.


However, there are some disadvantages to consider. When employing a third-party service, for example, there will be additional costs, such as service fees or a percentage of earnings.

Furthermore, when you entrust your money to a professional, you run the danger of them not paying as careful attention to it as you would.

Furthermore, if you hire someone to trade the forex market for you, you will not benefit from knowing how to do it yourself.

Before agreeing, it is critical to conduct thorough research, select a reliable service provider, and completely understand the contract terms.

Option 3: Establishing a forex trading company

The third way your company can trade forex is by setting up your own forex trading company. This business is all about buying and selling different currencies as an investment.

To do this, you’ll have to register your company as a business and get the right licenses or permits.

This might include a financial services license or a money transmission license, depending on where your company is located and what the regulations are there.


There can be a few reasons why setting up your own forex trading company might be a good idea.

For one, it lets your company focus specifically on forex trading as a business rather than just as a side investment.

Also, you might have access to more resources and expertise to help your business succeed in the market.


However, there are also potential drawbacks to consider.

For example, setting up a forex trading company might involve a lot of upfront costs, like legal fees and compliance costs.

And running a forex trading company can be really time-consuming and might require your company to be really knowledgeable about the market.

While establishing a forex trading company can be a good choice for companies that want to make it a central part of their business, it’s crucial to carefully consider the costs and resources required. Ensure that your company has the expertise and support it needs to succeed.

Choosing the best option for your company

making the right forex decision

Each of the solutions outlined above has advantages and disadvantages, and it is critical for a business to carefully examine which option is appropriate for its purposes.

Examine your company’s goals and resources.

Consider your company’s goals and resources while deciding on the best alternative.

Opening a corporate account with a broker or using a third-party service could be a viable option if you want to make a more passive investment.

However, if you want to make forex trading a major part of your business, forming your own corporation may be the best option.

Consider the risks

It’s also critical to assess the costs and dangers of each alternative.

Remember that using a third-party service may incur additional costs, such as service fees or a percentage of your profits, while establishing your own forex trading company may entail significant upfront and continuing costs.

Research, research, and more research

Finally, thoroughly examining and comparing the available possibilities is a good idea.

To choose the best alternative for your organization, review the terms and conditions of several brokers or third-party services and compare the costs and services they provide.

It’s also a good idea to consult with a financial or legal professional to understand each option’s risks and potential repercussions.

The best choice for your company will depend on what you want to achieve and what resources you have.

By carefully thinking about all the options and their pros and cons, you can make a decision that’s best for your business.


In conclusion, companies can trade forex as a means of investment or as a core part of their business.

This article discusses several choices. Each of these solutions has advantages and disadvantages of its own, so it’s crucial for a business to carefully examine which is ideal for its requirements.

To select the optimal choice, a business should consider its objectives, available resources, and the costs and risks involved in each alternative.

By carefully evaluating these factors, a company can choose the best option for its business and start trading forex confidently.

10 Best Trading Books You absolutely need to Read

Forex trading is the most common passive profession across all parts of the world. Because of the high prospects and profit margin, so many individuals, companies, and organizations are getting into online currency trading.

If you want to be a pro forex trader, you must acquire the relevant knowledge of how the market operates. There are various trading books out there, but finding the right one to read can sometimes be tricky. That is why we compiled a list of the ten trading books to read in 2020.

Best forex trading book of all time

1. Trading in The Zone by Mark Douglas

best forex trading books of all time

The book “Trading in the Zone” is one of the first trading books you must read if you desire to be a successful trader. Top forex traders regard the book as the leading book in the trading industry because it contains practical strategies and experiences to control emotional responses as a trader. The book explores all the psychological characters needed to become a pro trader, and concisely discusses how to develop the attributes.

This book is a must-read, it has the ability to change your trading experience forever positively. If you want to learn about all the psychological problems that traders face, then quickly get your copy now.

Continue reading “10 Best Trading Books You absolutely need to Read”

Best Forex Signal provider with Verified Trading Results

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Forex trading is not like other businesses, you can’t just dive in and hope to navigate easily on your own. There are certain points in life when you are totally aware that you need guidance on a particular issue and without said guidance, you cannot navigate the murky waters of forex trading on your own.

Even if you manage to navigate it, you never get as much as you should get from it, you will get stuck in the middle, bereft of growth. Some people trade for many years without making profit, this is the kind of person you must endeavor not become.

Continue reading “Best Forex Signal provider with Verified Trading Results”

Bollinger Bands reversal with high accuracy

What are Bollinger Bands reversal patterns?

Hi traders, in this article, I will feature a few of the Bollinger Bands reversal patterns that I personally use very often in my trading. These are valuable trading ideas that you can incorporate into your own trading strategies.

Before I jump into details, let me say this…

I always encourage traders to conduct proper backtesting when introducing new tools into your trading plan. If you wish to discover how you can seamlessly incorporate new Bollinger bands ideas into your existing strategies, I recommend reading my previous post on Forex Tester 4 and my backtesting journey.

Continue reading “Bollinger Bands reversal with high accuracy”

Forex Video: Trading with the Trend

In this video, Jason Stapleton talked about the importance of looking at the big picture, finding the trend, and then trading with the trend. More importantly, he also taught us how to identify good risk-to-reward ratio in order to make this trading opportunity worthwhile.

As I have mentioned before, you won’t be able to win every single trade. All you have to do, is to make sure that you win more than you lose, and you will naturally come out as a great winner in the long run.

Forex Tester 4: How Backtesting Strategies Saved my Trading Career

Forex Tester 4 saved my Life-savings

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Lots of people who are struggling with their trading methods for a long time are looking for help on how they can start taking Forex trading as a serious business and quantify their results. I started this blog to help you get to the next stage of being a professional trader who finally Continue reading “Forex Tester 4: How Backtesting Strategies Saved my Trading Career”

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Well, I wouldn’t encourage you to do that, as I personally is a firm believer of using stop loss to limit my risk exposures. Today I will show you a simple way of Continue reading “Trading Without Stop Loss?”

Forex Strategy reviewed #1: Simple balanced system

Hey guys, today I will do a Forex strategy review on a popular strategy found on the internet. It’s called the “Simple Balanced System” posted in one of the more popular Forex strategy website. Is it really that simple? Is the strategy profitable? I’ll get you the answer soon!

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An old friend of mine once told me that back testing is not necessary. This is because past results may not represent future performance. To me, that was simply an excuse given by lazy traders who aren’t serious about improving their own trading business.

To a certain extent, I do agree that successful back-testing results do not 100% guarantee success in your live trading. Maybe 90% to 95%? But that is about the closest you can get, to have any form of basic profiling of your trading method and strategy. Continue reading “Why is back testing so important?”

Forex Myth Busting


Many new traders started trading Forex with the wrong foot due to the very wrong education in the early stage of their learning curve. Don’t believe me?

Just type in “Forex” in your google bar and you will get tons of website offering you strategies or even signal services.

These websites attempt to paint very beautiful pictures about how easy it is to make money by trading Forex. However, saying is one thing, but proving it is another.

Here at Forex Seriously, I not only tell you, but I’ll prove it to you. One of my aims for this blog is to help traders identify bad strategies by back testing through years of data. And I do all this for free. Continue reading “Forex Myth Busting”