Speaking of WL Forex solutions, it is worth mentioning that the usability of the trading platform and its components directly affects the degree of interest of users in continuing to trade with a particular Forex broker. The distinctive feature of the White Label Model in the Forex market is the variety of solutions brokers can use — payment systems, trading platforms, back office software, reporting tools — to create their business. At first sight, Forex is a liquid market, as we are talking about fiat currencies. If to switch the attention to brokerage companies, the liquidity is referred to the depth of the order book. The more ask and bid offers are placed there, the higher chances traders get to buy and sell assets by the market price.
The other is to get turnkey software in the form of a cloud-based white-label trading platform. Forex White Label Platform helps your business grow with minimal costs. 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. So by purchasing Forex White Label, you are buying a ready-to-use Forex trading platform and get to name it as you wish. At OspreyFX, we understand the importance of launching your brokerage quickly. That’s why we offer a streamlined process to get your business up and running within 4 weeks.
A trusted White Label Forex provider:
As we’ve already said, the market doesn’t suffer from a lack of white-label solutions. All of them provide different levels of functionality and UI/UX design. Brokers are free to do their research and find the right platform that fits their budget and standards. Ongoing technical support and regular updates by a platform’s provider.
- You won’t need to hire technicians and developers as your primary broker, or forex white label provider will carry everything from setup to platform maintenance.
- 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.
- Our partners’ liquidity pool, tight spreads, and 24/7 client support are just some of the features that will set your brokerage firm apart.
- Regardless of whether the broker has started to earn money or his expenses have not been repaid yet, he must pay.
- At the same time the broker has to pay for installation and configuration of his server side.
Additionally, Soft-FX provides full support throughout the solution implementation process. With white label forex solutions, the cost of setting up a brokerage and trading platform will be greatly reduced as you just use a readymade solution to build your brand. There is no need to develop these software systems from scratch, and the software and website used by a leading broker will be way more efficient and reliable than a new website.
FX daily trading volumes have surpassed the mark of $7 billion, while the overall market’s worth is moving towards $3 quadrillion. Unbelievable numbers that open new horizons for both traders and brokerage companies. “Signals” is a convenient service for automatic copying of trading operations of professional traders directly to your account. All accounts registered in the service are provided with detailed statistics and full trading history.
The trading platform can be installed on Windows, iOS, Android and Linux based systems. Our White Label MT4 is connected through reliable gateways that provide the fastest, highest quality processing, execution of trade orders and uninterrupted price flow. Trading accounts can be denominated in any of the currencies presented in the liquidity list, metals , including cryptocurrencies, with an expanded accuracy of up to 8 decimal places.
What is White Label MetaTrader 4?
Reliable liquidity providers connect your order book with the largest banking institutions and funds like BNP Paribas, Barclays, Goldman Sachs, etc. In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding. At the same time, the Forex broker offers essential technology, liquidity, and back-office support. One of the key features of SmartStart is the Sirix platform, Leverate’s trading platform which is available on both the web and mobile. This platform offers traders a seamless trading experience with built-in copy trading and crypto capabilities.
But this does not mean white label solutions are cheap, as running any type of business will incur some cost in one way or another. But the most cost-effective white label solutions would cost around $10,000 in the first stage, which includes the initial setup cost and platform maintenance charges. Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.
Three Ways White Label Broker Work – A-Book, B-book and Mixed One
Typically, there is an initial setup fee and a monthly maintenance fee. Some providers also charge a commission on trades executed through the platform. It is essential to comprehensively assess the costs and services offered by various providers to choose the most suitable solution for your business needs.
The minimum possible setup fee is €15,000, with a monthly fee of €3,000. Using a white label Forex broker can offer many benefits, regardless of which business model you choose. It can help you save valuable time and resources while enabling you to concentrate on building your brand and delivering top-notch customer service. Let’s look at some of the pros and cons of working with a white label Forex broker.
Business introducer program
Get 20-30% returns within months, early signals, fast withdrawals among others. Throughout this article, we will explain what White Label Forex solutions are and their distinguishing features. We will also look at the main benefits of using White Label solutions in the Forex industry and what features they should have. Ultimately, you will learn the essential things to consider when choosing a White Label Forex solution. Newer players obtain a high-quality platform effective for traders, getting an opportunity to develop their own brand.