It can help you save valuable time and resources while enabling you to concentrate on building your brand and delivering top-notch customer service. On top of the turnkey solution, the company suggests brokerage companies integrate some products. Business owners get the inner matching engine and connections to liquidity aggregators to offer the best trading conditions for signed-up traders.
As well as buying a trading server, you will 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. With many white label solutions available, discerning the optimal fit for a broker’s unique needs can be daunting. The forex industry, characterised by its vast liquidity and 24/7 operations, demands such agility and efficiency. In this intricate landscape, WL solutions have emerged as indispensable tools for brokers and firms aiming to accelerate their presence in the market.
In order to make the right choice, you can compare multiple offered options based on a specific criterion or attribute. Functionality
The second criterion to consider when choosing a White Label trading platform is its functionality. Functionality means the whole range of analytical and trading instruments, signals, patterns, charts, tables, and any other imperative tools for Forex trading, which help traders to profit from buying or selling financial assets. A good trading platform also offers useful widgets, notes, news, event calendars, market overviews, training resources, and more. When analyzing the functionality, it’s also recommended to pay attention to the price grid because, as a rule, the most extensive set of necessary tools is available only when purchasing a subscription.
- Trading platforms on the WL model provide companies just beginning to learn about electronic trading a comprehensive experience within a single trading sphere, thanks to their broad functionality and sophisticated software.
- Forex white label solutions provide the flexibility to rebrand the trading platforms, ensuring they align with the broker’s identity and resonate with its target audience.
- This scheme works with small volatility risks on basic fiat currencies, but has a huge volatility risk with crypto and exotic currencies.
- The company offers a branded trading platform with the back office and mobile apps for iOS and Android.
- MT4 accounts may be moved to other trading platforms and vice versa using interconnected migration tools.
A new generation of professional software that helps brokers and exchanges manage their customers, admins and IB-partners in one place. The WL MT as a part of the complex solution includes Liquidity, Trading platform, Trader’s Room, Payment System, IB Program and PAMM/MAM/Copy trading solutions. Create new clients, execute deposits and withdrawals, observe live trading activity of your clients and view overall portfolio performance. XManager partnered with xAdmin allows you to set different trading groups, spread markups, commissions and users all from one place. Keep your client data (name, email, telephone number etc.) securely in your CRM or other external database. X Open Hub can also consult you in identifying initial broker requirements, meeting regulation standards, training and marketing.
As mentioned above, a fully-branded Forex White Label from Spotware (cTrader White Label) or Match-Trade Technologies (Match-Trader White Label) may cost you as low as USD 1000 a month without any setup fee. You also don’t have to deal with hosting servers, organizing a proper backup system, and other complex activities required to set up a Forex brokerage. FX Meta Tech provides robust client and IB (Introducing Broker) Management with flawless automation.
Turnkey brokers combine the A-book and B-book business models to increase your profits. If you have a brokerage that is just starting, white labelling can provide you with the resources and support that you need until our business is self-sufficient to handle everything. The technology may be perfect, but every broker will occasionally need some technical support.
However, bear in mind that these benchmark platforms may not be progressing as quickly as forex traders are. Many traders are looking for user-friendly and highly intuitive platforms with Social Trading capabilities, chart interaction and analysis, and fast and efficient order placement capabilities to keep up with the fast-paced moving markets. The Sirix trading platform provides all these enhancements and features for traders’ needs, at a more affordable cost than the customary dinosaur platforms. This product is a development of Devexperts and represents a set of software in the form of a system of trading platforms, each of which is designed for different purposes.
Branding within the WL trading platform allows projecting the image of a Forex broker and crypto exchange as customers of the solution onto the product without the cost of developing a proprietary platform. This solution is an excellent opportunity to create a corporate identity and perform a unique user experience within the technological infrastructure provided by a company specializing in WL products. The chosen white label solution should offer ample customisation options, from branding elements to specific trading tools, ensuring it resonates with the broker’s target audience. The forex market’s competitive landscape has made it imperative for brokerage companies to seek efficient and cost-effective solutions. White label forex programs stand out in this regard, offering many advantages for new and established brokers. Connect the migration tools to transfer MT4 accounts to other trading platforms and vice versa.
The White Label cTrader platform is among today’s most technologically advanced trading platforms. Both novice and professional Forex and crypto traders can benefit from its advanced tools and features explicitly designed for ECN accounts. Thanks to advanced customization options, it is possible to repeatedly increase brand recognition with multifunctional and fault-tolerant software, which will be designed in the company’s colours and logo, reflecting its values and goals. Rapid Market Entry
In most cases, in order to enter the market and start providing their services, companies need more than one month of painstaking work to create an image, develop a customer base and launch an advertising campaign to attract investors.
In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto. With Quadcode, you can add a personal touch to your traderoom, choosing a logo, color scheme, and trading tools to make your brand stand out. The white branding fee for IBKR is not disclosed and can vary depending on the level of customization needed and the broker’s specific requirements.
All of the benefits of owning the whole platform are still available when using a white label platform, but you will not have to spend
as much money or deal with as many technical concerns as you would if you used a full server. Finally, if you want to start a competitive forex brokerage, you might consider developing a WL solution for MetaTrader 4/5. Established brokerage technology and services provider offering a comprehensive suite of solutions through its SaaS trading platform, including Forex, CFDs, crypto, and advanced social trading features. The company enables business owners to choose White Label MetaTrader (4 and 5 versions), as these trading platforms lead the market, empowering traders with access to tens of trading instruments, tools, and timeframes. As you can see, forex white label cost primarily depends on which particular solution you choose and who you actually buy it from.
This scheme works with small volatility risks on basic fiat currencies, but has a huge volatility risk with crypto and exotic currencies. The specifics of White Label Forex solutions involve providing a new brokerage company with full access to all the necessary capabilities to allow the end-user to trade their preferred instruments in a comfortable and convenient manner. White Label products give incredible freedom to brokerage companies wishing to develop their business in the Forex environment. Regardless of the provider, all WL solutions have a number of outstanding strengths that make them so popular.
Implementing your trading strategies accordingly will improve your chances of profiting. Even if you aren’t an IB or White label, we can help you get started with an express start up package. To solve our own problem, we created a website that helps investors find, learn and compare the different platforms to save and invest online.