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

The white label goes beyond branded terminals and a platform, it also includes the life cycle of the brokerage. This offers the startup the tools it needs for every process including risk and money management, monitoring, client relations, and several others. In simple words, Forex white label solutions are systems to get an MT4 platform and manager access under a reputed Forex brokerage firm.

Brokers (and their sales teams – we should know as we trained a great number of them) will push their own agendas and products, irrespective of whether these are good for you or not. A fully branded Forex White Label from Spotware (cTrader White Label) or Match-Trade Technologies (Match-Trader White Label) cost you as low as USD 1000 a month. Eventually, both models have strong and weak points, and a newer broker should decide which solution corresponds with his (her) goals better.

Syncs with all Industry leading 3rd party software

There could be additional charges based on the additional brokerage software and tools you go with. Do check the additional costs with your brokerage solution provider in advance to avoid any unnecessary surprises in the future. MT4 White Label Program gives you an opportunity to launch your own trading platform (Forex brokerage) and find a risk management solution. In general sense, it is a business strategy when a firm buys a product or service from a supplier and then rebrands it to seem like the company produced it.

Although there are many advantages that White Labels have, there also are some things that people should keep in mind. So, let’s discuss the major advantages and disadvantages of White Lable Forex brokers. Trading with White Label Forex brokers is not that different from trading with regular Forex brokers. In today’s guide, we are going to talk about all the important aspects of White Label brokers. 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.

The broker can focus on business

This is a great option for those who want to set up their own Forex broker and establish their brand in the market without the need to actually create a new Forex broker. A White Label is in most cases provided with the whole solution which includes trading platform, back-office support, and even allows the company to have its own brand. However, to maximize the potential of your forex firm, you need more than just a website for trading.

Now that we’ve established that a WL forex solution is a sure way to go, the million-dollar question is – How much does a White Label Trading platform cost? If you’re looking to open your own forex brokerage, you’ll need to finance properly. For example, if you’re looking for Forex broker turnkey solutions including all the stages, including creating the company from the ground up, you’re looking at a heavy chunk of change. If you’re going for a solution that includes trading platform access and technology, prices will reduce significantly. Your financial budgeting is individual, set to change, and should be negotiated with the company you’re set on working with. Tickmill offers a number of trading solutions to both institutional and retail clients.

What are the types of white label solutions in forex?

Trading with a White Label Forex broker is pretty much the same as trading with a regular Forex broker. These companies offer traders all the things that the platform it uses has to offer. The white-label provider supplies the MT4 and MT5 server segment, software, mechanism for conducting transactions on the external market, reliable backup system, building of a global access server network, etc. On the other hand, depending on the development of your operations, maybe a forex White Label is not the immediate answer to your next steps. It most definitely must be in your plans, but maybe after strengthening the core of your business in order to handle the costs and requirements (more on this below). Like always, at allFX-Consult we tend to look into compromises that keep costs low but at the same time promote growth and reach milestones that will eventually lead to a predetermined target.

So, if you’re on a tight budget, it’s better to find a software vendor that provides everything your business needs (depending on your situation, of course). Wherever the truth lies, your branded FX business can easily meet its demise if you do not tread the legal waters intelligently and with caution. You would not expect to become a successful brain surgeon without first going to medical school and practicing on a lot of animals, right? Before you decide to start your own, make sure that you have some type of experience or education that can act as the foundation upon which you’ll build your empire.

White Label Brokerage Company Game Plan

This helps to establish a framework for customer support services and assists with their initial launch. The technology may be perfect, but every broker will occasionally need some technical support. Where investing is concerned, if things go wrong, they must be fixed quickly, or brokers could risk losing their clients’ funds and trust. 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. 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.

After all, starting own Forex Brokerage business is the same as any other business venture with similar possibilities of success and failure. As mentioned above, a fully-branded Forex White Label from Spotware (cTrader White Label) or Match-Trade white label forex Technologies (Match-Trader White Label) may cost you as low as USD 1000 a month without any setup fee. White Label MetaTrader 4 is a ready-made solution that enables you to start a Forex brokerage or Multi-Asset business quickly.

Get your WL MT5

Such a model is considered as the basic partnership form between a newer player and a primary broker. There is no guarantee a trading platform meets your expectations and target clients’ needs. 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. White labeling is a legal and common practice in many fields, including forex trading.