Steps to Start a Trading Business. 167 comments; 56,588 views; Ride in the challenging task of starting a trading business. Get to know where to begin from forming your strategies, selecting your product, gathering data, to making your first transaction. Setting up an algorithmic trading business can provide the requisite credibility and legal structure to manage institutional funds or cater to high net worth investors. The cost and effort to establish a business can be significant, depending on how the organization is structured and what the objectives are. Starting a Forex Trading Business Online and Make Money – for Beginner. 1. Get the basic necessary knowledge. Forex trading is a little bit technical and it is quite difficult to learn on your own; though self learned video tutorials and courses are now available online.