How to Avoid Vendor Lock-in While Setting Up a Prop Firm / FX Broker

All About Forex

Starting your own Prop Firm or Forex Brokerage is an ambitious and rewarding endeavour. However, many new Brokers overlook a crucial aspect that can significantly impact their operations and long-term success: vendor lock-in. Vendor lock-in occurs when a company becomes overly dependent on a single provider for critical services such as IT infrastructure, trading platforms, … Continued

Why FX Prop Firms Should Use Kenmore Design’s Prop Firm solution to Survive Market Turbulence

All About Forex

In the fast-evolving world of FX Prop Firms, staying competitive means adapting swiftly to market conditions, especially during times of turbulence. Kenmore Design’s Prop Firm solution is tailored specifically for Prop Trading, whether it’s Forex or futures – it’s more than just software – it offers a lifeline in uncertain times. As the pressure mounts … Continued

Ways to Process KYC in Forex Brokerages

All About Forex

Today we’d like to cover the KYC Module and its capabilities.   First of all, the KYC process can be very different,   Almost every one of our clients has some customization put in that affects the KYC process workflow. It is one of the most customized parts of the systems and that is why … Continued

Forex Developer API uses and examples

All About Forex

Today’s post is a about an underlying technology behind all of our products. It allows anyone with even modest technical skills to communicate with the MT4 or MT5 trading platform.   First of all, what can the JSON API be used for? In our experience, it is used by developers to build their very own … Continued

How to Start a Forex Brokerage

All About Forex

Looking to Start a Forex Brokerage? Here are our key considerations to take into account when launching your venture! Our step-by-step guide will take all the guesswork out of starting your Trading business today!   Here we are going to plan a Forex Brokerage in the same way one plans any web-powered business, with an … Continued

Forex CRM Provider Service Profile

All About Forex

This post will go over all the services we offer here at Kenmore Design. We have a wealth of Forex CRM Solutions for you!   So we start with our main product:   Forex CRM and Traders Room   This system is deployed for Brokers, it connects to the Brokers’ Trading Platform and is accessible … Continued

Do you need a Technical Co-Founder in an FX Brokerage?

All About Forex

You don’t need to be an IT whiz to run a Forex Brokerage. But what does it take to build a successful Brokerage on the actual technology side of things?   Our industries – Ours being “Service & Software Providers” and yours “Forex Brokerages” – are driven by a very different set of people. While … Continued

Data Security for Forex Brokers

All About Forex

Have you been watching the news lately? Have you heard about the most recent data leak from this and that website? If you did, most likely hackers were able to breach a very very large company and posted their loot online somewhere where third parties were able to access and verify its origin, That is … Continued

Naming Your Forex Brokerage

All About Forex

Starting a Forex Brokerage comes with a rather overwhelming to-do list right at the start. You will need: a company, license, bank account, PSP, liquidity, trading platform, hosting, risk management, and a lot more red tape than is usually foreseen. However, with some knowledge and experience, you will surely be off to a good start … Continued