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. 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. To the end customer, the white label product appears as though it has been manufactured by the trading firm itself.
If you require extensive services, such as website creation, ongoing social media marketing, etc., we can also refer you to trusted organizations that we know and trust. I recommend that until you have good answers to the questions above, you hold off on the launch of your white label. Simply put yourself in your clients’ shoes and come up with a convincing list of incentives that will convince your customers to do business with you. If you plan on having a physical location to meet or train clients, you need to factor in office leasing costs, occupational/licensing fees, security expenses, etc.
How do white label solutions help businesses?
Test all the services and technical aspects, ensuring yourself everything is working correctly. Never be in a hurry, leaving enough time for the pilot version and bugs fixing. The competition level is high enough; this said excellent products functioning appropriately should be sent to the market only.
- 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.
- 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.
- This is one of the most exceptional and feature-rich systems, and it can come 100% white labelled.
- The platform is cloud-based, with no hosting costs, and designed for speedy and high-quality execution.
- As our worldwide client base increases, Forex IB and White Label plans emerge that allow networkers to work with some of the best professionals the industry has to offer.
Furthermore, you don’t have to spend extra money on buying a physical medium to reach your targeted audience. Also, you can save thousands of dollars that are spent on setting a business physically. It is your responsibility to find someone who can offer you with the Forex White Label Program that can work with a number of various brokers. Mainly white label solution is intended to satisfy the needs of agents, introducing brokers, finance firms, financial sites and administrators. This is one of the most exceptional and feature-rich systems, and it can come 100% white labelled.
Customer Incentives – What do You Have to Offer?
When it’s time to send the money to fund their trading accounts, they’re going to know. 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.
Whereas a “Full” White Label involves two key components, a branded trading platform and the ability to take deposits directly from customers, a partial solution does not. The partial setup does include the rebranded platform (with the name/logo of the partner on it), but not the ability to take deposits. 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.
Ready-to-go business solutions
Join thousands of traders who choose a mobile-first broker for trading the markets. This will depend on the startup broker’s own needs and objectives as both white labelling and co-branding have their advantages and disadvantages that start-ups must consider. We provide Turnkey solutions to Forex Brokers without any hassle during the whole process, best forex white label solutions so you need not to worry when your future plan is in our hands. All that is needed to choose is liquidity, parameters, platforms and the business will become operational. Tracking the users’ performance is an advantage in a White Label Forex broker work due to identifying problems early, implementing updates, or offering new tools.
MetaTrader 4 and MetaTrader 5 are two of the best trading platforms for brokerages. 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. The technology may be perfect, but every broker will occasionally need some technical support.
Premium Branding and Consulting Support for White Labels
Your brokerage technology partner for achieving thriving success in this Forex Industry. 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. A business owner purchases a trading platform, being not dependent on a primary broker. 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.
To dig a bit deeper, the term “white label” refers to the branding, or labeling of forex trading technology. In many cases this technology may be MT4 & MT5 but there are other platforms available as well. In order to properly understand the definition of a forex white label, let’s think about where the name originated from. The term “white label” borrows its name from products that you see on the shelf of your supermarket or grocery store. If you’re interested in starting your own Forex brokerage business with a White Label Solution, take the time to research and evaluate different options and create a solid plan for success.