TradeCore Blog

How forex brokers make money: spreads, commissions, swaps and B-book P&L, the A-book, B-book and hybrid models compared, where IBs fit, and what goes into a forex brokerage business plan.

What it costs to start a forex brokerage, category by category: regulatory capital, legal and compliance, trading platform, liquidity, CRM and back office, payments, KYC, marketing and people — and how to keep start-up costs down.

How prop firms make money: challenge fees and add-ons, why pricing and pass rates must agree, what payouts cost, simulated vs live funded accounts, scaling plans and the costs that sink firms.

How forex brokers pay introducing brokers: per-lot rebates, spread and commission shares, CPA and prop commissions, multi-level IB networks, matrix pricing, tiers and payout schedules.

How prop firm challenge rules work: profit targets, the daily loss limit, static vs trailing drawdown, consistency rules, the other rules firms add, and what happens when a trader breaks one.

How to build a forex broker marketing plan: target markets, acquisition channels, attribution you can trust, turning signups into funded clients, keeping traders, and measuring every campaign as P&L.