This has lured several professionals from within and outside the forex trading market to venture into forex brokerage business. In a multicurrency denominated margin account model the broker needs to control the equity on all his margin accounts in order to provide execution for all his clients. Given the unique advantages and disadvantages of full and partial white label solutions, it is crucial that your Forex company chooses the right one.

If you are a brand new white label company without extensive banking history, a merchant account might be a bit of a challenge to open and the processing fees you’ll likely incur will be higher than normal. Given the fact that most brokers nowadays tend to absorb the credit card fees on client deposits anyway, this will become an added cost for your business initially if you do the same. As of the date of publication of this guide, these fees amount to US$5,000 up front per sub-license and US$1,000 monthly to cover the server that’s required for the proper operation of every rebranded MT4 platform. Unfortunately, over the years, many clueless internet ferrets have come to believe otherwise; that a “partial white label” means a free ride in the branded Forex train. When you see the word “partial” applied to a white label solution, it is not referring to a partial/lower fee or a free trading solution of any kind.

MetaTrader 5 Trading Platforms

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. This makes it an ideal option for small to medium-sized firms looking to enter the Forex industry. It allows them to offer the same trading services as established brokers without the costly investment.

• Several separate customer groups, each with its own currency, are represented in the illustrative margin account in US dollars shown above.
• It’s crucial to choose a reliable partner with a proven track record to avoid disruptions.
• Forex brokers looking to implement a new trading platform have only two options.
• Client accounts in different currencies which are correlated to each other can be connected to the one margin account.
• 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.
• Let’s break down what exactly a white-label trading platform is, why it is beneficial for brokers, and what kind of challenges brokers can tackle using such a solution.

Tracking the users' performance is an advantage in a White Label Forex broker work due to identifying problems early, implementing updates, or offering new tools. Whitelable exchange solution provides various payment methods to complete transactions, ensuring high speed and security of transfers. Allowing users to trade on multiple exchanges, with various products, from different locations is an edge for a broker over competitors. All-in-one cryptocurrency trading service where users make transactions, compare quotes, place orders, and monitor activity in a convenient format.

White Label cTrader setup options

As the Forex industry continues to expand, more companies seek to enter the market and offer their own Forex trading platforms. However, building a Forex platform from scratch can be time-consuming, complex and expensive. Without significant development resources, businesses and startups may easily and rapidly build their own branded Forex platform by utilizing a White Label solution. One big advantage of not taking deposits and operating as a partial provider instead is simplicity. Getting the platform branded is something that’s relatively easy to do and can be accomplished in less than two weeks if all your company documents are in order. It is also simpler to allow your customers to deposit their money directly with the licensed brokerage firm that’s providing your platform.

The package also includes traffic and lead solutions to help drive traffic to the broker’s website and attract potential clients. 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. Among the advantages that Sirix has to offer both brokers and traders, an additional element that the Sirix trader brings to brokers is the option for brokers to add their own logo and design scheme for a consistent brand identity. The future of trading has evolved and continues to grow and reach new levels, and brokers look for the revolutionists. Bear in mind that you will be unable to complete all of your given responsibilities on your own.

What is a FX white label and how to find a provider?

However, in all scenarios, the same fees apply for platform customization and rebranding, as well as the same functionality options. Both types of White Label models are a convenient way to launch a broker and optimize the operation of all elements within the system in order to get a well-established business that can bring profit and prosperity. Last and the most important point, don’t overthink and get handicapped with analysis paralysis. After all, starting own Forex Brokerage business is the same as any other business venture with similar possibilities of success and failure.

Think of a white label product as a blank canvas, straight from the manufacturer. The “rawest” version of a product, a version that allows companies to have custom-made specifically for them to make their own and resell.How does a white label solution work when it comes to the brokerage industry? Remember that long list of things we mentioned before that you’ll need to consider when opening your own brokerage? Well, a Forex fx white label solution White Label solution solves all those problems for starting brokerages by providing your business with the already-established fundamentals as a “bundle” package. This is a big part of the reason why it has become such a preferred option among new-coming trading-oriented companies. The original white label providers are customer-oriented and always keep their clients’ financial and business needs at the top of the agenda.

COMPANY

It’s crucial to choose a reliable partner with a proven track record to avoid disruptions. However, this might not be a major issue if a broker diversifies platform offering and software vendors. Let’s break down what exactly a white-label trading platform is, why it is beneficial for brokers, and what kind of challenges brokers can tackle using such a solution.

If you plan on having a physical location to meet or train clients, you need to factor in office leasing costs, occupational/licensing fees, security expenses, etc. Depending on your geographical location, this can add a few thousand dollars a month to your list of business expenses. When it comes to retail Forex, the software that most currency traders use and prefer is Metatrader 4, a.k.a., MT4.

Forex White Label Solutions

Before even getting started in the branded FX space, you need to make sure that your business name, logos, images, and any other visual representation of your brand instills a sense of trust and confidence in your clients. This is an area where we recommend that you invest time and money to get it done right. Has been the main tool that helps FXOpen traders make deposits and withdrawals to trading accounts since 2014.