---
title: FreeBoard case study
description: NO BASE              Case study&nbsp;&middot; 2025            A forex trading platform       built from       the data model up.          FreeBoard needed a for
url: https://miracuves.com/portfolio/freeboard
date_modified: 2026-08-19
author: miracuves
language: en_US
---

NO BASE
  
  
  
    
Case study* · 2025*

    
# A forex trading platform built from the data model up.

    
FreeBoard needed a forex trading platform.
      There was no proven base that fitted, so it was designed and built to their specification, with a fixed quote after a free feasibility study.

    
- **Custom build** · NO BASE
- **2 to 8 weeks** custom build window
- **Source code transferred** to FreeBoard’s own account

    
      [Read the case study](#summary)
      [Start a project](https://miracuves.com/schedule-consultation/)
    

    
      *F***FreeBoard***Custom build · 2025*
    
  

  
    *F***FreeBoard**
    
      SolutionCustom build
      ProductNO BASE
      Delivered2025
      StackSTACK CHOSEN PER PROJECT · NO INHERITED BASE
      Build time2 to 8 weeks
      Blocks reused17 of 21
      Source codeTransferred
    
  

  
    
    **3**applications shipped
    **17**blocks reused unchanged
    **4**built for this client
    **6**integrations, each isolated
      **100%**source code transferred
    
  

[Summary](#summary)[Scope](#scope)[Brief](#brief)[Discovery](#discovery)[Challenges](#challenges)[Strategy](#strategy)[Market](#market)[What we built](#built)[Architecture](#architecture)[Reused](#reused)[Decisions](#decisions)[Process](#process)[Product](#surfaces)[Security](#security)[Integrations](#integrations)[Stack](#stack)[Timeline](#timeline)[Scale](#scale)[Results](#results)[Handover](#handover)[FAQ](#faq)[Related](#related)

  Customer surface*Data model*Operator surface*Domain logic*System integrations*Services & APIs*API gateway*Interfaces*Integration layerCustomer surface*Data model*Operator surface*Domain logic*System integrations*Services & APIs*API gateway*Interfaces*Integration layer

  
## What already existed, and what did not.

  
Every layer of this one was built for FreeBoard. The only shared floor is how it was deployed and handed over.

  
We build the product; the client launches the brand. That is the arrangement, and it
    only works if the handover is real: FreeBoard owns the source code, had a launch date in
    writing before work started, and can check every figure on this page against a public ledger.

  
    
This one had no proven base to start from. The data model came first and the interfaces last, which is the right order when nobody has built it before. We own the source.

      FreeBoard team, Founding team · FreeBoard
    
      Reuse on this build
      
        Blocks reused17 of 21
        Built for FreeBoard4
        Solution familyCustom build
        Other builds on it17
      
    
  

  
## The line between reused and built.

  
The work sat where it always sits on this base: data model, domain logic, services & apis. Everything else on the list below arrived already built and proven on
    other engagements running the same base.

  
    **3**Applications and consoles shipped, each with its own permissions and release path*Delivered*
    **17**Platform modules reused unchanged from the Custom build base*Delivered*
    **4**Decisions built for FreeBoard: data model, domain logic, services & apis*Delivered*
    **3**Environments: development, staging and production*Delivered*
    **100%**Source code transferred to FreeBoard’s own account*Contractual*
  

  
## What FreeBoard actually needed.

  
A forex trading platform is not one feature. It is 21 distinct pieces that all have to work together before a single customer can be served, and none of them existed yet.

  
That distinction decides the shape of a project like this. A business does not need a
    dispatch engine or a settlement ledger to be invented again; it needs one that already works, then
    it needs the handful of decisions that make the product theirs rather than anyone else’s. The
    four below are the load-bearing pieces FreeBoard would otherwise have spent months building
    before proving anything to a customer.

  
    
      
Every platform of this kind has the same shape underneath: a set of load-bearing
        parts that must be correct before a single customer can be served, and a much smaller set of
        decisions that make it one business rather than another.

      
Building the first set from zero would have consumed the
        window before the second was even discussed. That is the decision this engagement turned on, and
        it was taken before any code was written.

    
    
      **Customer surface**the journeys you specified
      **Operator surface**the internal tools you
      **System integrations**the systems you already
      **API gateway**auth, rate limits,
    
  

  
## What we settled before building.

  
With no base to inherit, the first work was agreeing the data model and the rules that govern it.

  
Where a scope genuinely does not fit a proven base, we say so during scoping and quote
    it as a custom build instead, even when that costs us the larger and more comfortable project.

  
    *01*
#### Read the requirement back to first principles

      
What must exist at launch, separated from what a business can add once it has customers. Those are different lists and conflating them is what makes projects run long.

    *02*
#### Base versus build, capability by capability

      
Each of the 21 capabilities assessed against the existing base as covered, partial or absent. Partial is treated as absent, because a half-fitting module costs more than a new one.

    *03*
#### Mark what only FreeBoard could decide

      
4 decisions were commercial or jurisdictional rather than technical. Those were theirs, and the engagement is where they got implemented.

    *04*
#### Agree the line before writing anything

      
17 pieces reused unchanged, 4 built. Fixing that line up front is what turns a platform of this size into a two-to-eight-week build.

  

  
## The parts that are genuinely hard.

  
Not marketing difficulty, actual difficulty. These are the problems any serious Custom build has to solve properly, and the reason building one from a blank page is a multi-quarter commitment rather than a sprint.

  
On a custom build these are solved from scratch, in sequence, which is why the window is two to eight weeks rather than six days.

  
    01
      
### No proven base to inherit

Every assumption has to be made explicit and agreed, because nothing upstream has already decided it.

      **Built for this project:**
      Customer surface
    02
      
### The data model is the commitment

Get the entities and rules wrong and every later decision inherits the error.

      **Built for this project:**
      Operator surface
    03
      
### Scope discipline

Without a base, scope is the only thing holding the timeline. That is why custom work is quoted after a feasibility study.

      **Built for this project:**
      System integrations
  

  
    
      
## Why FreeBoard was specified from a blank sheet.

      
No proven base fitted the shape of this product, so the whole of it was specified and built. Here is the account of that, part by part.

    

    
      
        
We looked for a proven base first, the way we do on every engagement. Nothing on the shelf carried the rules this product runs on, and a base that half fits costs more to bend than a clean specification costs to write. So FreeBoard was specified and built end to end, over 2 to 8 weeks.

        
What that bought is a system with nothing inherited in it. Every part answers to this product's own rules rather than to assumptions made for somebody else's, so there is no layer that has to be worked around later.

        
          
            **Specified and built***4 of 21*
            *01***Data model**the entities and their
            *02***Domain logic**what the business
            *03***Services & APIs**how the parts talk
            *04***Interfaces**what your people and
          

          
            Bend a base that was never shaped for this
            Built to this product's own rules, in 2 to 8 weeks
          
        
      

      
        The account
        
          Specified and built4
          Parts in total21
          Build window2 to 8 weeks
        
        
Nothing here was inherited. Every part was written for this product.

      
    
  

  
## What this market demanded.

  
  
With no proven base, the market question is answered in the data model itself, because nothing upstream has already made those assumptions.

  
None of that is optional, and none of it is something a platform can guess on a
    client’s behalf. It is precisely why the 4 decisions listed further down sat with
    FreeBoard rather than with us: they are commercial and jurisdictional questions, and the base
    exists so that answering them is the whole job rather than the last ten per cent of it.

  

  
## Everything that shipped with it.

  
The full working set FreeBoard took delivery of. Each piece was already built and
    proven on other engagements before this one started, which is the only honest reason a platform of
    this size stands up in weeks rather than quarters.

  
None of it is a demo or a scaffold. These are the same components running under other
    businesses in other markets, which means the failure modes are already known and already handled
    rather than waiting to be discovered by FreeBoard’s first real customers.

  
    
### Reused from the Custom build base

      
      **Customer surface**the journeys you specified
      **Operator surface**the internal tools you
      **System integrations**the systems you already
      **API gateway**auth, rate limits,
      **Integration layer**adapters to your
      **Event bus**async fan-out, retries
      **Audit trail**append-only record of
      **Environments**dev, staging, production
      **Deployment**pipelines, rollback
      **Monitoring**logs, alerts, uptime
      **Handover**source, docs,
      **Identity & access**accounts, roles,
      **Secrets & config**per-environment keys
      **Backups & restore**snapshots, tested
      **store**the schema designed
      **realtime**sessions, queues,
      **Object storage**uploads, exports,
      
    
### Built for FreeBoard

      
      **Data model**the entities and their
      **Domain logic**what the business
      **Services & APIs**how the parts talk
      **Interfaces**what your people and
      
  

  
## The base this was built on.

  
The same architecture carries every Custom build on this page. The filled
    blocks are the parts built for FreeBoard.

  
    **Custom build architecture**
      NO BASE / filled = built for this client
    
  Custom build: the architecture, and one release traced through it
  3 client surfaces reach an edge of gateway, realtime channel and event bus. The base holds 8 services, of which Audit trail is the source of truth, and 4 blocks are built for each client. Partner services sit behind a boundary and are chosen by the client. Underneath, one release is traced across 5 steps. 17 of 21 blocks are reused unchanged.
  
    
      
      
    
    
    
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  Custom build
  NO BASE
  Thirteen documented builds started from a blank page, so nothing above the operational floor is inherited. Only the filled blocks are built for you.
  
    
    Ships ready-made
    
    Built for this client
  

  
  Surfaces
  
  Edge
  
  The base - already built
  
  Partner boundary
  
  Data
  
    
    Customer surface
    the journeys you specified
    
    Operator surface
    the internal tools you
    specified
    
    System integrations
    the systems you already
    run
  
  
    
    API gateway
    auth, rate limits,
    versioning
    
    Integration layer
    adapters to your
    existing systems
    
    Event bus
    async fan-out, retries
  
  
    
    Audit trail
    append-only record of
    every change
    SOURCE OF TRUTH
    
    Environments
    dev, staging, production
    
    Deployment
    pipelines, rollback
    
    Monitoring
    logs, alerts, uptime
    
    Handover
    source, docs,
    architecture notes
    
    Identity & access
    accounts, roles,
    sessions
    
    Secrets & config
    per-environment keys
    
    Backups & restore
    snapshots, tested
    recovery
  
    Built for this client
  
    
    Data model
    the entities and their
    rules
    
    Domain logic
    what the business
    actually does
    
    Services & APIs
    how the parts talk
    
    Interfaces
    what your people and
    customers use
  
    chosen by the client
  
    
    Cloud hosting
    their account
    
    Payments
    their gateway
    
    Email & SMS
    their sender
    
    Domain &
    certificates
    their registrar
  
  
    
    Transactional
    store
    the schema designed
    for you
    
    Cache &
    realtime
    sessions, queues,
    jobs
    
    Object storage
    uploads, exports,
    backups
  
  
  
  
  
  one release, end to end
  every step below runs on blocks that already existed
  
  
  
  
  1
  Specify
  the change agreed and written down
  
  
  2
  Build
  data model, logic, interfaces
  
  
  3
  Verify
  staging, review, sign-off
  
  
  4
  Deploy
  pipeline, rollback ready
  
  
  5
  Observe
  logs, alerts, handover notes
  
  STACK CHOSEN PER PROJECT · NO INHERITED BASE
  
  
  17 of 21 blocks reused unchanged
  4 built for you

      This is the Custom build base, drawn as it was actually
        assembled for FreeBoard. The plain blocks are the ready-made platform and shipped as
        they are. The filled blocks are the ones we built for this client. 17 of
        21 blocks were reused, 4 were built.
  
  

  
## Why none of this had to be written again.

  
Each of these was already running on other builds of the same base before
    FreeBoard started. That is the whole reason the platform was standing in
    weeks rather than months.

  
    **Customer surface**the journeys you specified
    **Operator surface**the internal tools you
    **System integrations**the systems you already
    **API gateway**auth, rate limits,
    **Integration layer**adapters to your
    **Event bus**async fan-out, retries
    **Audit trail**append-only record of
    **Environments**dev, staging, production
    **Deployment**pipelines, rollback
    **Monitoring**logs, alerts, uptime
    **Handover**source, docs,
    **Identity & access**accounts, roles,
    **Secrets & config**per-environment keys
    **Backups & restore**snapshots, tested
    **store**the schema designed
    **realtime**sessions, queues,
    **Object storage**uploads, exports,
  

  
## The decisions that were actually theirs.

  
A ready-made base does not remove these; it removes everything underneath them.
    Each one below is a choice FreeBoard had to make, and the engagement is where those
    choices got implemented.

  
    **01**
      
### Data model

Configured for FreeBoard during the engagement.

      **Why it sat with them**Commercial rather than technical. The base already handles the mechanics underneath, so the engagement is where their own answer gets implemented.
    **02**
      
### Domain logic

Configured for FreeBoard during the engagement.

      **Why it sat with them**Commercial rather than technical. The base already handles the mechanics underneath, so the engagement is where their own answer gets implemented.
    **03**
      
### Services & APIs

Configured for FreeBoard during the engagement.

      **Why it sat with them**Commercial rather than technical. The base already handles the mechanics underneath, so the engagement is where their own answer gets implemented.
    **04**
      
### Interfaces

Configured for FreeBoard during the engagement.

      **Why it sat with them**Commercial rather than technical. The base already handles the mechanics underneath, so the engagement is where their own answer gets implemented.
  

  
## How a custom build runs.

  
With no base to start from, the sequence is the opposite way round: the data model first, interfaces last.

  
    
      Phase 01Phase 02Phase 03Phase 04
    
    
      01
      
### Data model

The entities and the rules that govern them, agreed before anything is built.

      02
      
### Domain logic

What the business actually does, expressed once and tested.

      03
      
### Services & APIs

How the parts talk, and what the contract between them is.

      04
      
### Interfaces

What the client’s people and customers use, built last on a settled core.

    
  
  
The client supplies the
    hosting and domain, a verified developer account we publish from, branding and business details,
    an onboarded payment gateway with KYC complete, and any third-party API keys. Store review and
    merchant onboarding are controlled by Apple, Google and the payment provider, so those sit
    outside our window. [Every figure here is defined
    on the facts page](https://miracuves.com/facts/#fact-005).

  

  
## Who uses it, and for what.

  
Rather than screenshots of a product that has moved on since delivery, this is the set
    of surfaces that shipped and what each one is for. FreeBoard received every one of them, with
    the source behind each.

  
Every role here is a separate application with its own permissions, its own state and
    its own release path. Building them to work as one system is most of the engineering in a platform
    of this kind, and it is the part that was already finished before this engagement began.

  
    
    
    
    Customer surface
    
    
    
    
  
      the journeys you specified
    
    
    
    Operator surface
    
    
    
    
  
      the internal tools you
    
    
    
    System integrations
    
    
    
    
  
      the systems you already
  

  
## What guards the platform.

  
Built into the base and hardened across every engagement running it, rather than
    bolted on at the end of this one. Security added late is security that has to be argued for; the
    controls below were load-bearing from the first deployment.

  
We claim the process, not a certificate. Miracuves does not hold ISO 27001, and we do
    not say otherwise: we build to the controls those frameworks require, and the evidence trail is
    there for an auditor who asks.

  
    
    
#### Identity & access

accounts, roles,. Part of the base, so it was proven before this engagement started.

    
#### Role separation

Each surface sees only what its role permits, enforced server-side rather than hidden in the interface.

    
#### Audit trail

Who changed what and when, retained so a dispute can be answered with a record rather than a recollection.

    
#### Transport and storage

TLS end to end, credentials hashed, and anything sensitive at rest encrypted rather than merely obscured.

    
#### Secrets handling

Keys live in environment configuration on their own infrastructure, never in the repository we hand over.

    
#### Card data stays out

Payment details go to the gateway directly. The platform holds a reference, not a card number.

    
#### Backups and restore

Scheduled backups with a restore that was actually run, because an untested backup is a guess.

    
    
#### What an auditor can actually see

      
We claim the process, not a badge. Everything below was handed to FreeBoard with the source.

      
- Commit history for every change in the build window
- Environment configuration separated from application code
- Database schema with the migration that produced it
- Deployment steps written down rather than remembered
- Named team and a daily written progress record

  

  
## What it connects to.

  
The connection points are part of the base and were already written and tested.
    Which providers sit behind each one was FreeBoard’s decision, because those choices are
    commercial and jurisdictional rather than technical.

  
This is also where the client-side dependencies live. Gateway onboarding, KYC approval
    and merchant review are controlled by the provider, not by us, which is why they sit outside the
    build window rather than inside it.

  
    
Every one of these was already wired and tested in the base. What changed for
      FreeBoard was which account sat on the far side of it.

    
    **Identity and KYC**provider per jurisdiction
    **Object storage and CDN**their bucket, their region
    **Media pipeline**transcode and delivery
    **Market data feeds**rates and reference prices
    **Push and transactional email**sent under their sender identity
    **App store developer accounts**published from their own accounts
    
  

  
## What it runs on.

  
The platform stack for NO BASE. This describes the base as it stands
    today; FreeBoard took delivery of the source and has owned it since.

  
    
  
    **Platform**STACK CHOSEN PER PROJECTNO INHERITED BASE
      The stack the NO BASE base runs on, already in production elsewhere
    **Surfaces**Customer surfaceOperator surfaceSystem integrations
      Each a separate application with its own permissions and release path
    **Client decisions**Data modelDomain logicServices & APIsInterfaces
      Configured for FreeBoard during the engagement
    **Handover**SourceSchemaDeployment configArchitecture notes
      Transferred at the end of the build
  

  
## How the weeks were spent.

  
Our build time only. Store review and merchant onboarding are controlled by Apple,
    Google and the payment provider, so they sit outside this window and we do not count them as
    ours. Stating that plainly is the difference between a build time and a promise we cannot keep.
    [Every figure here is defined on the facts
    page](https://miracuves.com/facts/#fact-005).

  
    
      
Custom builds get a fixed quote after a free feasibility study. No open-ended timelines, and no scope creep arriving in the invoice.

      
Throughout, a named team worked the build and sent FreeBoard progress on
        WhatsApp every working day. There was never a week where nobody knew where it stood, which is
        the part clients tell us they notice more than the date itself.

      **2 to 8 weeks**
        our side of the window
        
The bar below is that window, day by day. Nothing outside it is counted as ours, and
        nothing inside it waits on someone else.

    
    
#### What FreeBoard supplied

      
A build window only holds if both sides arrive ready. These sat with them, and the clock
        does not start until they are in place.

      
- Hosting and a domain, on their own account
- A verified developer account we publish from
- Branding and business details
- A payment gateway onboarded, with KYC complete
- Third-party keys for the services they chose

  
  
    **Weeks 1-2**Data model and domain rules agreed*Data model and domain rules agreed*
    **Weeks 3-5**Services and APIs, then the interfaces*Services and APIs, then the interfaces*
    **Weeks 6-8**Hardening, environments, handover*Hardening, environments, handover*
  

  
## This base has done this before.

  
FreeBoard was not the experiment. The base underneath this build had already
    carried other businesses in other markets before it carried theirs, which is the whole argument for
    reuse: the risk was retired by somebody else’s project, not by this one.

  
Across everything delivered since 2010 that is more than 9,000 products for over
    6,000 businesses across 35+ industries. The eighty-four documented on this site are the ones with a
    named client and permission to show the work; most of the rest sits under NDA or white-label and is
    deliberately not here at all.

  
Every number on this page is defined and sourced on a public facts ledger. That is the
    whole instinct behind how this company is run: most vendors ask you to trust them, and we would
    rather you checked us. If we cannot back a claim, we do not make it, which is why you will not find
    a satisfaction percentage or an unnamed award anywhere on this site.

  
    **17 of 21**
      
Blocks reused unchanged on this build, each already under load on other engagements.

*Architecture*
    **18**
      
Documented builds running on the Custom build base, in different markets.

*Portfolio*
    **9,000+**
      
Products delivered for more than 6,000 businesses across 35+ industries since 2010.

*Company record*
    **3,900+**
      
Apps published under clients’ own brands, counted per store release.

*Company record*
  

  
## What we can state plainly.

  
No client figures were supplied for this build, so these are architectural and contractual facts rather than outcomes.

  
    **Source code transferred**
      blocks reused unchanged
      
Full repository history, to the client’s own account

      Miracuves delivery record
    
    **6 working days**Our build time on the ready-made base
    **2 to 8 weeks**Our build window on this engagement.Miracuves delivery record
    **100%**Source code transferred to FreeBoard’s own account.Contractual
    
    
  
  
      F
      
> This one had no proven base to start from. The data model came first and the interfaces last, which is the right order when nobody has built it before. We own the source.
> 
> 
>       **FreeBoard team**Founding team, FreeBoard

    
  

  
## What FreeBoard holds now.

  
The same on every engagement. What happened to the platform after handover was
    theirs to decide.

  
    *GIT***Application source**Full repository history, transferred to their account*Delivered*
    *APP***Mobile projects**Sources with signing documented*Delivered*
    *SQL***Schema and migrations**Reproducible from empty, not a dump*Delivered*
    *ENV***Deployment configuration**Another team can run it unaided*Delivered*
    *MD***Architecture notes**What was chosen, what was rejected, why*Delivered*
    *60d***Support window**Sixty days included, six and twelve month options*Delivered*
  

  
## The questions that decide this.

  
Answered for this build. The same answers
    hold for every Custom build in the portfolio.

  
    Do we own the code?
Yes. The full repository history transferred to FreeBoard’s own account at handover, with deployment configuration and architecture notes. It is not a licence and it is not held against a support contract.

    How is two to eight weeks realistic?
Because the sequence is disciplined: data model first, interfaces last. Nothing is built twice.

    What sat with FreeBoard?
Hosting and domain, a verified developer account we publish from, branding and business details, an onboarded payment gateway with KYC complete, and any third-party API keys.

    Will it look like everyone else’s?
No. The base supplies mechanics, not identity. Branding, flows and every customer-facing screen were built for this product.

    Is this what the platform looks like today?
This describes what was delivered in 2025. What happened afterwards was FreeBoard’s to decide; the source transferred at handover. Clients move on, rebuild, or sell up, and none of that changes what was delivered or how it went.

    Would you have said no to this project?
We are a good fit for a founder who wants a proven model launched fast, a deadline they can hold us to, and code they own outright. We are a poor fit for anyone who needs a team embedded in their office full-time, or who wants a blank page and a six-month roadmap. Being straight about that up front saves everyone a call.

    Who actually worked on it?
A named team, not a rotating pool. Our leadership is public with real profiles rather than a stock-photo team page, and progress went to FreeBoard on WhatsApp every working day of the build.

  

  
## Others on the same base.

  
Different clients, different markets, one proven platform underneath.

  
    [**CarrSync**Custom build - a vehicle logistics platform](/portfolio/carrsync/)
    [**Coachs Online**Custom build - a coaching marketplace with live sessions](/portfolio/coachs-online-edu-app/)
    [**Dermacian Website**Custom build - a custom clinic website](/portfolio/dermacian-website/)
  

  
## Building something like this?

    
Tell us what you are building and we will say plainly whether a ready-made base
      fits it, including when the answer costs us the larger project.

    [Book a technical call](https://miracuves.com/schedule-consultation/)
      [See all case studies](/portfolio/)
  
- Ready-made platform deploys in 6 working days
- Custom builds run 2 to 8 weeks
- Source code transfers on every engagement
- [Every figure here is defined on the facts page](https://miracuves.com/facts/#fact-005)

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