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. The best web trader/Forex CRM/ MT5 / MT4 white label solution providers also bring their clients fully functional and customizable solutions to help businesses reduce their investments and increase ROI in little time. Choosing a white label route as a forex provider means you don’t have to build your own platform, buy a server, find PSPs and payment solutions, handle the technical side of things, or deal with configurations or customizations. The ideal WL platform supplier will provide all the above services and more, all at a feasible cost for your brand.
The foreign exchange market, also known as forex, is the largest financial market in the world. With an average daily turnover of over $6 trillion, it offers a lucrative opportunity for individuals and businesses to profit from currency trading. However, like any business venture, there are pros and cons to consider before diving in.
Trade with a Regulated Broker
Moreover, it is not required to be an expert in trade or trading site configurations before launching a white label. The company that supplies you with a white-label will take care of all of these things. Simply, in a forex white label you rent out part of other companies offering and rebrand it to offer as your own, thus you can start your brokerage without having to either buying your own trading platform or having to develop it from scratch. We are a globally recognised and trusted brokerage with over 10 years of solid online trading experience and over 40 international FX white labels under management. Our liquidity providers are among the best in the market and our partner bank is one of the largest in the world.
Looking into your next steps with an experienced partner like allFX-Consult, ensures that you don’t get caught up in unwanted structures and wasted time trying to identify what to do next. 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. Since timing in business is crucial, it would be wise for you to heed the above advice and wait for the right moment to start your own brokerage brand.
The pricing calculator considers important factors such as the required liquidity, chosen software modules, and additional services required. In addition to providing access to the financial markets, a Forex broker can offer other asset classes, including indices, metals, and energies. To add value to clients, many Forex brokers offer client-focused services such as tutorials, bonuses, contests, and investment services like Copy Trading, PAMM/MAM, Liquidity, and IB Modules. X Open Hub offers a White Label Forex Solution that allows brokers to differentiate themselves and meet client demand by creating new front-end trading systems using their API. The platform is highly stable and reliable, while its flexible and advanced back-office system supports fully customizable securities settings, local time zones for clients and reporting tools, and no limitation when it comes to the number of instruments.
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. Just because you have the money to brand your own FX platform and start a private label business doesn’t mean you’ll become an instant success (or ever succeed for that matter). This is a fact, despite what certain unscrupulous brokerage firms in the industry would like you to believe. Their trading platform, TickTrader, provides a flexible setup scheme for different trading conditions, allowing brokers to manage Forex and digital assets transactions efficiently. It offers several trading account types designed for both spot operations and margin (leverage) trading, catering to a wide range of trading strategies.
🏆 10 Best Rated Forex Brokers
The third-party company, also known as the white label partner, can customize the trading platform and services to meet its clients’ needs while leveraging the broker’s regulatory compliance, technology, and liquidity. A Forex white label is an ideal solution for Forex brokers who want to start their own brokerage. It provides a comprehensive package of software, tools, and infrastructure that allows the business to get up and running quickly and efficiently.
The White Label business model came to the Forex market from e-commerce, where some companies used the power of others to do business under their brand. As a hard-working, goal-oriented, and well-rounded person, I always strive to do quality work for every job I do. Faced with challenging tasks in life, I have developed the habit of thinking rationally and creatively to solve problems, which not only helps me develop as a person, but also as a professional. Speaking about my professional activities, I can say that I have always been attracted to the study of foreign languages, which later led me to the study of translation and linguistics. All that is needed to choose is liquidity, parameters, platforms and the business will become operational. Forex White Label is the most successful option, enabling brokers to easily set up their Forex brokerage and remove entry barriers to the market.
What is a White Label Forex brokerage?
The trading platform has advanced features, including algorithmic trading capabilities, multilingual trading terminals, and advanced trading orders to satisfy even the most demanding clients. Additionally, Soft-FX provides full support throughout the solution implementation process. Before delving into the pros and cons, it is important to understand what a forex white label business entails. In simple terms, a white label business is a partnership between a forex broker and a third-party company. The third-party company acts as a reseller of the broker’s services, using their own branding and marketing strategies. This allows individuals or businesses to enter the forex market without having to develop their own trading platform or infrastructure.
- First, make sure that you have an excellent product that is easy to use and meets the needs of traders.
- Additionally, the package includes a fully-branded broker website and application, which is designed to attract clients with a slick design and top-notch user experience.
- Speaking about my professional activities, I can say that I have always been attracted to the study of foreign languages, which later led me to the study of translation and linguistics.
- 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.
- The white label partner should have a strong brand, marketing expertise, and a good track record of client acquisition and retention.
- As a professional in the financial industry with over 18 years of experience, the author holds significant expertise in Forex trading.
- It can help you save valuable time and resources while enabling you to concentrate on building your brand and delivering top-notch customer service.
It oversees 9 innovative projects across investment, banking, and white-label brokerage, fostering innovation in cutting-edge trading platforms, neobanking, proprietary trading, education, and beyond. White Label provider offering advanced Forex and crypto solutions, including MetaTrader4 and MetaTrader5, tailored for brokerages and exchange firms. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools.
Now let’s explore the pros of starting a forex white label business.
Additionally, the package includes a fully-branded broker website and application, which is designed to attract clients with a slick design and top-notch user experience. The integration of TWS into white labeling allows Forex brokers to offer their clients a well-established and trusted trading platform with a wide range of currency pairs. IBKR offers a vast selection of over 100 currency pairs for trading, including major pairs like EUR/USD, USD/JPY, and GBP/USD, as well as minor and exotic pairs.
Once you become a white label partner, you will have access to the same award-winning MT4 platform that most traders prefer, but it will be branded with your very own logo, company name and contact information. This will help your business grow and your firm will benefit from professional, full-service back office support and varying administrative and support functions that are all there to help you succeed. But before allowing clients to fund their accounts via credit cards, you’ll need to be able to process them. You’ll need a secure online interface to accept and carry out credit card transactions and also a merchant account to receive the funds. 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.
The white label partner is responsible for acquiring clients, managing their accounts, and providing customer support. Meanwhile, the broker provides the trading platform, technology, and back-end support, such as risk management and compliance. When you are looking to start trading forex, you may come across the term “Forex white label partnership.” This simply refers to a type of partnership in which one company provides the branding and marketing for another company’s products or services. In the world of forex, this usually takes the form of an online broker white labeling its trading platform and software to a third-party provider. At Finarm, we provide a wide range of forex white label solutions for making and boosting your trading platform.