Best Forex Brokers with White Label Solutions Updated 2023
By doing so, you can position yourself for success in the exciting and dynamic world of financial markets.Also, if you need assistance with Match Trader White Label, MT4 White Label and MT5 White Label, Starting Brokerage can offer cost-effective solutions. Firstly, our payment gateway solution is based on blockchain, which provides an option for brokers who may have difficulty obtaining a bank business account to deposit and withdraw funds. In addition, we offer a monthly payment plan and do not charge a one-time installation fee. This allows new brokers to start up with less financial pressure and make payments on a regular basis. There are two major types of white labeling, partial white labeling, and full white labeling.
This includes adding the company logo, website, and color scheme to the platform. The white label partner can also customize the trading tools, indicators, and expert advisors to provide a unique trading experience to its clients. Setting up your own Forex brokerage with a white-label solution from a technology provider like Starting Brokerage is a cost-effective way to enter the forex market quickly. The process involves selecting a reliable technology provider that offers white label solutions and customising the platform to meet your branding and business needs. There are three main ways to make profits in the foreign exchange white label business—the same as for traders with their own platforms. One is to set a spread markup on your existing aggregated liquidity to make a profit, the second is to earn profits by collecting trading commissions, and the third is to become the counterparty of the customer, trading in the opposite direction from the customer.
Consequently, if you opt for the typically wiser solution of establishing your FX business outside of the US, you will need to forgo US-based clients altogether. I’ll just accept deposits directly from my customers then.” The problem is that accepting deposits comes with its unique set of challenges too. You don’t have to become an artist and paint the next Mona Lisa to make a white label work. It’s not that difficult, but regardless, we’re here to make your life easier.
In either instance, the trading platform can be branded with the trading firm’s logo. The main difference is that the full white label can directly manage the client’s funds, while the partial white label cannot receive the client’s funds. Rather, it needs to be transferred to the broker who provides the white label service. 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. Some brokerage firms charge additional fees on top of this, but most do not.
However, if your objective is to appear as a full-blown broker and not let your customers know who the actual brokerage firm behind the platform is, this arrangement becomes very disadvantageous. To achieve anonymity between your clients and the platform provider, you need to accept deposits yourself. Promoting the forex white label partnership is crucial to acquiring and retaining clients.
Forex White Label Solution: A Complete Guide
There are many ways to initiate customer interest and generate leads for your forex brokerage. Some of these ways include affiliation, affiliate networks, email marketing, social media marketing, and more. Luckily, if your starting brokerage is not well-equipped with marketing tools or knowledge in the field, a good white label forex broker provider will come equipped with affiliation solutions to help stream potential clients to your brokerage. Leverate’s Sirix Venture brokerage solution will help your brokerage generate leads at your capacity.
The provider makes it possible for your traders to access the functionality from devices based on Android and iOS. This is the consideration that is to be provided for the services and fulfillment of the affiliates obligations under the White Label Agreement. When a client lands on the affiliates website and registers as a client, it is actually registering with the company and therefore the affiliate will obtain a commission for such a referral. Obligations of the company are also written, which may include business practice, functions, guarantees, payments towards affiliates, bare costs related to direct activity etc. The agreement is also used to state conditions and how revenue will be shared between the affiliate and the company when a client accesses the company’s website through the affiliates. With our clients in 15 out of the 28 member states offering strong partnerships to individuals and corporations with existing client base, looking to connect.
You can have the MT4 and MT5’s services and pay a monthly charge with a white label easily. One is co-branding, which means that the companies receive a special domain and the logo from the partners. The second one is called partial White Label Forex broker, which means that the company receives a distinct domain, a fully designed website, as well as a trading platform. White Labels function in a similar way to the regular Forex brokers as they earn from the trading volume of their clients. From the White Label’s point of view, it can be said that it is a lot cheaper way to launch a Forex trading business because the provider can help them in numerous different aspects. This includes providing the latest technology, legal aspects, even building a website as well as different types of marketing programs.
AllFX-Consult always has a counterpart/partner for any corporate structure. But before we connect anyone or make recommendations, we thoroughly examine all possibilities. Ideally, the margin requirement will be in line with what your customers are looking for. White labels are a step up from an Introducing Broker, and if you are doing the trading volume, then the rewards are likely to flow to your business. White label agreements must be well structured, and a lot of consideration is given to those who the Forex license will partner with.
- A newcomer business owner gets a turnkey solution, skipping all the development stages.
- As we mentioned earlier, most organizations that want to become white labels in order to run their own brokerage firms are not very qualified to do so.
- A White Label forex platform enables a trading firm to put its logo and branding on a platform that was created by a technology firm.
- However, it should be noted that such problems and challenges become less noticeable when you look at so many advantages that white labeling offers.
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.
Best Forex Brokers with a Withdrawable No-Deposit Bonus
ANY liquidity provider can be connected via our FIX API trading platform. You can specify your favorite liquidity providers as long as they support this kind of cooperation. Among the advantages that Sirix has to offer both brokers and traders, an additional element that the Sirix trader brings to brokers is the option for brokers to add their own logo and design scheme for a consistent brand identity. The future of trading has evolved and continues to grow and reach new levels, and brokers look for the revolutionists. That foundation will be weak unless the brokerage firm that you decide to use, the one that will provide your platform and trade execution, is good. In fact, the entire success of your business as a private label is piggybacked on the quality and reliability of the broker that you choose.
Final words on White Labeling
As for the traders using the White Label companies, it should be noted that not that much changes. 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.
As far as fees are concerned, MetaQuotes charges standard upfront and monthly fees to all licensed brokerage firms for each MT4 white label they sub-license to their referral partners. This solution allows the affiliated company to build and strengthen its brand in the realm of currency trading while minimizing the huge costs and legalities that accompany the launch of a best forex white label solutions full blown, licensed brokerage firm from scratch. FX Meta Tech excels in providing technology solutions for Forex brokerage through its professional & top-notch service. FX Meta Tech system infrastructures are primarily optimized for brokerage firms so that maximum ROI is insured. Your brokerage technology partner for achieving thriving success in this Forex Industry.
