Starting a brokerage from Bangladesh

Bangladesh Bank has issued repeated public notices that online and margin foreign exchange trading is not permitted for residents, and that remitting money abroad for it is prohibited under the country's foreign exchange regulation. This is one of the more clearly stated positions in the region, and it is not one to assume around.

So the honest first step is not choosing a platform. It is speaking to a lawyer who practises in Bangladesh about what you are permitted to do, whether you would need to establish outside the country, and how money would lawfully move. Any vendor who talks past that question to sell you their platform is not doing you a favour.

We build brokerage software. We are not lawyers, we do not give regulatory advice, and we would rather say so plainly than imply a competence we do not have.

Given that position, founders in Bangladesh who proceed generally establish the operating entity outside the country and serve international clients, under a regulator and a banking setup that will accept a business of that shape. That is a legal, tax and banking decision for advisers who can see your full position, not for a page like this one.

The software does not depend on where you land. The platform is identical wherever the entity sits, so the structuring conversation and the technology conversation can run in parallel rather than one blocking the other.

Our page on offshore jurisdictions sets out how that decision is usually framed, again without recommending one, because that recommendation should come from someone advising you rather than someone selling to you.

The platform is the same regardless of where you establish. Instruments, leverage limits, account types and document requirements are configuration rather than code, so the software adapts to the regime you operate under instead of assuming one.

Clients get a trading terminal covering forex majors and crosses, gold and silver, oil, stock indices, crypto and US stocks, each with its own spread, contract size, pip size and digit precision. Charting spans nine timeframes with more than thirty indicators. Order handling covers market, limit and stop with take profit, stop loss and trailing stops, over a real margin engine.

It installs to the home screen on iOS and Android in one tap and opens full screen like a native app, which matters for a client base largely on mid range Android phones.

Your team gets a leads pipeline with campaign attribution, client profiles that consolidate accounts, money, trades, documents and calls, document review gating withdrawals, approval queues on money movement, and role based access across admin, manager, retention and sales.

Introducing brokers matter a great deal here, and the partner side is built in rather than bolted on, with multi tier structures, per partner commission rules and the reporting to settle them without a spreadsheet.

Everything runs on your brand, your domain and your own database, on a deployment separate from every other broker. There is no shared tenant table and no vendor name anywhere your clients or staff can see.