Reputation, PR, customer trust, customer base, legal entity, trading conditions — you manage all of it yourself. Currently, Forex brokers can only work with MT4 White Label if they want to work as MT4. If they want to upgrade to MT5, they can choose whether to buy a full licence or an MT5 Forex White Label.
In this article, we have reviewed some of the top White Label providers in the industry, offering a wide range of products and services to suit brokers of all sizes and levels of expertise. Similarly, for brokers, Interactive Brokers offers a turnkey solution providing access to powerful trading technology and advanced trading tools for trading on over 150 markets in 33 countries and 26 currencies. IBKR’s services include pre-trade compliance, real-time market-risk management and monitoring, lower costs with no ticket charges or minimums, and a suite of advanced trading technologies called IBKR BestX. In addition to the features mentioned earlier, Soft-FX’s Forex Broker Turnkey solution provides additional benefits that can aid in the successful launch of your brokerage business. The solution delivery and installation process can be completed within a quick time frame of just 2 weeks.
A trusted White Label Forex provider:
Interactive Brokers 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.
Let’s look at some of the pros and cons of working with a white label Forex broker. When all the previous stages are completed, make your brokerage business ready to enter the Forex market. Test all the services and technical aspects, ensuring yourself everything is working correctly. Never be in a hurry, leaving enough time for the pilot version and bugs fixing. The competition level is high enough; this said excellent products functioning appropriately should be sent to the market only. The process required high-end promotion to attract traders’ attention to your product.
Ultra-low latency execution
As for the software, it also provides training in departments such as back-office, customer service, and market development, as well as the daily workflows of regular traders. The White Label model allows you to access a ready-made brokerage exchange infrastructure and start using it for your own purposes, which significantly saves time, money and effort. Regular white-label offerings are typically out-of-the-box platforms that come at an affordable price. However, they lack the level of customization needed for differentiation from competitors. This prompts brokers to search for alternatives that allow them to distinguish themselves in the market while still maintaining affordability. Flexible cooperation terms and the chance to take advantage of the latest technologies to meet client demand.
- The bundles start at $1,000 per month, allowing you to select the services that align with your needs and budget.
- X Open Hub offers ultra-fast feeds and execution through various connectivity options such as FIX 4.3, FIX 4.4, xAPI, MT4/MT5 Gateways, or Bridge Providers.
- In the end, it’s important to choose a provider that offers transparent pricing and comprehensive services to help you manage costs.
- Now that you know what the White Label model is and how it works, it’s time to understand how to start your own White Label brokerage business.
- This appeals to traders, simplifies their activities, and fosters long-term loyalty.
- White labelling means that a product or service removes their brand and logo from the end product and instead uses the branding requested by the purchaser.
Such a model is considered as the basic partnership form between a newer player and a primary broker. Beginner brokers are charged fees (fixed price and/or fees from trading volumes). A brokerage company maintains its partners, helping fix problems and find the most forex white label beneficial solution at every stage. Newer players obtain a high-quality platform effective for traders, getting an opportunity to develop their own brand. Furthermore, a brokerage company may be designed specifically for certain geographical areas, languages, etc.
Choose leverage settings
The package includes the Sirix server, Sirix broker, and Sirix trading platform, which are available for Forex, CFD, and crypto trading on the web, desktop, and mobile. In addition to the desktop trading platform, X Open Hub offers a mobile app called XOH Mobile that offers complete account management, graphs, and other vital tools required for real-time financial trading. Starting a brokerage service in today’s fast-paced world can be challenging, especially with the high competition in the market. Brokers must provide their clients with a range of services and solutions that meet their requirements to achieve success. One option for achieving this is to employ a White Label brokerage solution.
When integrated into white labeling, the platform’s features and benefits are still available to the broker’s clients, but with the added advantage of having the broker’s brand front and center. 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. 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.
Instruments
The provider is a one-stop solution for all brokerage needs providing the fastest and most reliable MT4 and MT5 Plugins. Security is our number 1 priority, and we go the extra mile to ensure clients’ online protection. We use SSL technology to protect their sensitive data and hashing technology, more specifically an MD5 hashing function, to protect their passwords. For those who require assistance getting regulated and fully set up as a brokerage firm, our dedicated team of experienced professionals is here to assist at every step. Offering a white label of the cTrader platform is more economical than being a direct customer of Spotware. You can also take advantage of our cross-connected technology at no additional cost.
