As well as buying a trading server, you would need to hire at least 10 specialists to service them and handle other aspects including hosting, plug-ins, infrastructure, liquidity providers and round-the-clock technical support in several languages. All this requires substantial time as well as human and technical resources, which can prove expensive. Saxo Bank’s white-label solution covers the full value chain of trading and investment, from execution to post-trade services.
- A well-established brokerage technology and services provider offering a complete suite of solutions for Forex, CFDs, crypto, and social trading.
- Ease of maintenance will mean peace of mind for you, and your white label provider should be ready to supply you with anything you might need, especially if you partner up with a provider that offers a true Forex turnkey solution, that covers all aspects.
- There are no guarantees that the platform and the White Label model as a whole will actually bring profit.
- However, there are certain businesses, such as the currency market, that are thriving despite the fact that the world is in a recession.
- If you’re going for a solution that includes trading platform access and technology, prices will reduce significantly.
- This makes it an ideal option for small to medium-sized firms looking to enter the Forex industry.
- The backend has the features to make the order router management connect with multiple liquidity providers via the FIX API Trading Platform.
X Open Hub provides a complete front & back end technology and liquidity solution to help you convert your IB business or White Label into your own fully branded, customised brokerage and realise more profits. A brokerage firm cares for its clients by supporting them in resolving problems and discovering the most beneficial alternative at every level. Gain Capital is a well-established firm that has more than 18 years of experience in enabling businesses that have complementary product portfolios to expand and grow their offering. White label solutions take care of the technical side of things, and this provides the new brokerage with the time and freedom to focus on building a prosperous and stable business.
What are the Costs of Running a White Label Forex Brokerage?
Many years ago setting up a forex brokerage was far less complicated but the industry’s boom meant that today regulators across the globe are tightening their grip and imposing strict rules and regulations that brokers should abide by and comply with. A highly lucrative market that holds the promise of significant financial gains is usually the main rationale in the mind of those who seek to enter this market and set up a forex brokerage and to reading this you probably are one of them. However, besides dreaming of the money you could be making, you should first and foremost be aware that the forex brokerage business is not a walk in the playground or a lazy sail on calm waters. Rather, it is an endeavor that should be undertaken with caution, following a phase of careful forward planning.
However, to be able to take a wise decision, it is best if you carefully consider the pros and cons of each of the two options. If your clients deposit their money with the brokerage firm you work with (instead of with your firm directly), they’re going to find out who the real broker behind the platform is (even though the platform is stamped with your logo and company name). When it’s time to send the money to fund their trading accounts, they’re going to know.
Starting a White Label Forex brokerage FAQ
To choose the best Forex white label provider, it is important to consider a number of factors, including the size of your target market, your investment budget, and the level of support and training that you will need. And also you should make sure that the provider is easy to use and provides good customer support. As far as fees are concerned, MetaQuotes charges standard upfront and monthly fees to all licensed brokerage firms for each MT4 white label they sub-license to their referral partners. Find a provider company
The foremost concern is to find a reliable company that offers WL solutions for FX brokers. Glance over the reviews and brief characteristics of a primary broker to understand whether it is worth dealing with or not. Compare prices and packages offered by diverse providers to come up with the best decision.
There is a register of forex companies that ensures the reliability and transparency of operations carried out under the supervision of the regulator, the National Bank of the Republic of Belarus. Even if you aren’t an IB or White label, we can help you get started with an express start up package. Boost your knowledge with our live, interactive webinars delivered by industry experts. No matter your experience level, download our free trading guides and develop your skills. Trading platforms can’t promise to meet your needs and those of your intended audience. If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.
White Label Forex Signals
Each piece of software may not cost that much, but it can add up to large sums. The platform offers cutting-edge UI, encompassing Web, Desktop, PWA, iOS, and Android applications, enabling brokers to fulfill client needs and reach a broader audience. Quadcode’s mobile client has a sleek and modern design with a multi chart layout, diverse alerts & widgets, and over a hundred free technical indicators making it an ideal platform for trading on the go. A Forex White Label provider offering The TickTrader Trading Platform, along with multi-level liquidity, functional back-office, and other tools, to simplify the journey of a startup brokerage.
It integrates with the FIX API Trading Platform to aggregate different quote sources. If you follow the tried-and-true advice in this guide, your chances of succeeding as a white label business will increase exponentially. Take advantage of our many years of experience helping a great number of FX businesses succeed. We’ll start by discussing your ideas and objectives and let you know if they make sense as they are or should be modified to help you save money, time and headaches.
Liquidity Provider
If you are good at earning clients for others, then you will most probably be good at getting them for yourself as well. Thus, the White Label Trading Platform to go to when deciding to embark on a forex brokerage endeavor is none other than MetaQuotes’s MetaTrader 4 platform, MT4 for short. In a partial White Label model, the tech provider delivers a service to the trading firm but does not provide regulatory registration. The full White Label model provides trading firms with regulatory registration, a platform, and stable quote systems (such as online quotes for gold, foreign exchange, crude oil, indices, and stocks) and market channels.
SmartStart also includes Leverate’s CRM system, which is tailored to the needs of brokers and provides top-level security. The package also comes with dedicated support from a professional success manager who guides you through the process of launching and growing your brokerage. Additionally, B2Broker offers a multicurrency-denominated margin account to minimize volatile risks between clients’ equity and brokers’ equity, allowing client accounts in different currencies to be connected to one margin account. The example above contains a complete diversification for the base currencies of customer groups, according to margin accounts based on the same base currencies.
What Is a White-Label Broker in Forex?
Interactive Brokers (IBKR) offers a white label program for Forex brokers, which allows them to leverage IBKR’s technology and infrastructure to create a branded trading platform for their clients. IBKR’s white label program particularly benefits Forex brokers who want to expand their offering beyond Forex and into other asset classes, such as equities, futures, and options. With IBKR’s multi-asset platform, brokers can provide their clients with access to a wide range of financial instruments, including 150 markets across 33 countries. A white label Forex broker is a type of brokerage company that offers trading services to clients under its brand name but operates using the technology and infrastructure of a third-party provider.
Before diving into the details of the best White Label brokerage companies, it’s important first to define White Label brokerage. White Label brokerage is a business model in which a company uses the services of a third-party brokerage firm to provide trading and investing services to their clients while maintaining their branding. The third-party brokerage firm offers the technology and services, while the company utilizing the service is responsible for modifying and rebranding the platform as its own. The cost of purchasing a product using the White Label model directly depends on the scope of services you will need. For example, some companies offer a turnkey brokerage solution, and this service includes all stages, from the creation of the company to its testing and launching.
Easy Label Printing for Online Shoppers
The best web trader/Forex CRM/ MT5 / MT4 white label solution providers also bring their clients fully functional and customizable solutions to help businesses reduce their investments and increase ROI in little time. Choosing a white label route as a forex provider means you don’t have to build your own platform, buy a server, find PSPs and payment solutions, handle the technical side of things, or deal with configurations or customizations. The ideal WL platform supplier will provide white label broker all the above services and more, all at a feasible cost for your brand. Not many know or realize that even several current top-tier forex brokers, have actually started out as white labels and gradually built their way towards the completely independent operation of their firms. This is natural because a white-label solution makes it easier to enter the market and once a brand is established, it can then further consolidate its position and undertake all steps in the process.
