Hi, I'm thinking about launching a forex trading platform but I'm not sure where to start on the technical side. Should I hire a team, collaborate with developers or use an off-the-shelf solution? If anyone has experience with cost, timeline or what to look out for, I'd love your advice.
This is an ambitious project. Partnering with experienced developers is often the best choice. Hiring a team gives you control but can be expensive, while partnering with companies that specialize in fintech development can save time and money.
For example, I recommend reading this - https://merehead.com/blog/how-to-make-a-forex-trading-website/. Costs can vary widely: custom solutions are expensive but meet your needs, while white-label platforms are cheaper but may not be flexible enough. Timelines depend on the complexity of your idea, but expect 6-12 months for fully customized development.