The first way allows sub-licensed brokers to process clients’ deposits on their own, and the second model shows that all deposits will be processed through the main brokerage company. The example above contains a complete diversification for the base currencies of customer groups, according to margin accounts based on the same base currencies. In this case, brokers will work with the same amount of capital as their clients, without risking volatility for each currency. B2Broker is a popular and well-established liquidity and technology provider for both the cryptocurrency and forex exchange industry. B2Broker has recently won an industry award as the best White Label Multi-Asset Liquidity Platform of 2023. HFM uses a joint review process to help with the structuring of products that target every white label’s client base.
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. Quadcode is a global multi-brand fintech leader, creating user-friendly fintech solutions for B2B clients since 2013. 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.
The company offers business clients a turnkey Forex broker that includes multi-level liquidity, convenient and functional back-office, and an effective trading platform. Soft FX entered the Forex market in 2005, and since then the company has been working on improvements and innovations. 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, best forex white label solutions tools, and timeframes. 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.
- It is regulated by FCA, KNF, CySec, IFSC, DFSA, and FSCA, and operates under a robust regulatory framework to ensure the best interest of its clients.
- Furthermore, business owners get high-end payment providers, including the possibility to integrate
B2BinPay, a crypto payment solution, that jumps your brokerage company to a brand new level.
- Brokers must provide their clients with a range of services and solutions that meet their requirements to achieve success.
- 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.
- 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.
This helps to establish a framework for customer support services and assists with their initial launch. In the worst cases, a lack of technical support can mean that the broker will face fines and bankruptcy. White label solutions provide start-ups with the top-rated technical support that they need without hiring support staff, which is cost-effective and ensures high quality of service. New brokerages that choose white label packages receive a key to a comprehensive and feasible business solution for a monthly/annual fee. Today there are multiple pathways for individuals and businesses to launch a brand, with ‘White Label broker’ and ‘introducing broker’ being the two main methods. These approaches enable market access with various commitments, investments, and possible return levels.
Advantages of white label forex brokers
However, since the trading platform is at the core of the operation of a forex brokerage, there is no room for experiments and unnecessary risks. Pay to get the best platform so that you ensure reliability and work hard and smart to customize and rebrand it to make you stand out and be able to attract customers. Interactive Brokers is a well-known brokerage firm that offers trading services for forex, stocks, options, futures, and other financial instruments. They offer a robust platform with advanced trading technology that appeals to experienced traders and investors.
It is a comprehensive solution that provides traders with an excellent trading experience while helping brokers grow their businesses. White labeling can also be used by larger brokers who want to expand their offerings without having to develop new technology themselves. For example, a forex broker that specializes in spot trading may want to offer their clients access to other financial instruments such as futures or options. Rather than developing these products in-house, they can use a white label solution to offer their clients access to these products through a partner company. In simple terms, white labeling is the process of a forex broker using the services of another company to provide trading software, infrastructure, and other related services under the broker’s own brand name. This allows the broker to offer their clients a complete trading solution without having to invest heavily in the development of technology and infrastructure themselves.
Nothing of Value to Offer
If you don’t understand what is going on and how the game is played, you should sit it out. And the learning process takes time and effort so don’t even contemplate that you can become a top-notch broker overnight. Of course, getting hold of your part of the MT4 platform comes with a fee, both in the form of an initial upfront payment as well as a recurrent monthly installment, since all licensed brokers need to pay this fee to MetaQuotes for every white label they sublicense. It is not possible to name exactly the height of these fees, firstly because they do change over time and secondly because they depend on the kind of agreement you will strike with your white-label solution provider.
Starting a White Label brokerage FAQ
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. The partial model provides business owners with no possibility to take deposits (they get access to a trading platform only), while the full model enables clients to get both opportunities. Entering the market
When all the previous stages are completed, make your brokerage business ready to enter the Forex market. Test all the services and technical aspects, ensuring yourself everything is working correctly.
In the forex market, transactions always take place between two separate currencies.Most FOREX brokers offer traders an opportunity not only to trade currency pairs but also other asset classes including indices, metals, energy, cryptocurrency, etc. A forex broker may also be widely recognized as a retail forex broker or a currency trading broker. 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.
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. A white-label broker is an established company that pays commission to the white-label provider for using its infrastructure and licenses.
On the downside, resorting to a white label solution provider lessens your independence and room to maneuver, as it also makes you dependent on your solution provider, who is also the owner or the platform through which your brokerage operates. When simply renting part of someone else’s server this will mean you cannot configure every to suit you, add plugins or add-ons as you wish or have access to the overall security of the system, as this is controlled by the solution provider. You can have the MT4 and MT5’s services and pay a monthly charge with a white label easily. While you’ve turned your network into a business and want to move forward, white labeling is the only smart solution. To build your own Forex broker requires a significant amount of money, time, and experience, various regulation, and legalities. A white label is the most cost-effective way to get access to the world’s largest financial marketplace without paying for a fully licensed broker.
AvaTrade is also regulated by some of the top financial authorities in the world, including the Central Bank of Ireland and the Australian Securities and Investments Commission. Additionally, they offer automated trading solutions, educational resources, and excellent customer support. FXCM (Forex Capital Markets) is a leading global online forex trading and CFD broker. Established in 1999, they offer competitive pricing, robust trading tools and premium resources accompanied by excellent customer support. FXCM makes trading simple with its easy-to-use forex trading platforms, including the popular MetaTrader 4 (MT4) and the company’s own proprietary platform, Trading Station. The platform gives you access to over 300 tradable instruments, including forex, indices, commodities, and cryptocurrencies, along with no dealing desk (NDD) execution, meaning faster order execution speeds with no interference from a dealing desk.
With low margin rates and tight spreads, they strive to provide their clients with competitive pricing. White label forex brokers refer to forex (Foreign Exchange) brokerage firms that provide a service where they offer their trading platforms and other backend infrastructure to third parties, allowing these third parties to brand and market the platform as their own. In addition to the features mentioned earlier, Soft-FX’s Forex Broker Turnkey solution provides additional benefits that can aid in the successful launch of your brokerage business. This includes the ability to offer trading services for various financial instruments, such as stocks, commodities, and indices, giving you the flexibility to provide your clients with a diverse portfolio of assets and attract more traders to your platform. The solution delivery and installation process can be completed within a quick time frame of just 2 weeks.