To learn more about Fortex’s White Labels for brokers, or our FX solutions, liquidity aggregation, full eFX suite for regional banks, ECN matching engine, and more, please contact [email protected]. There can be different scenarios of partnership, but the broker has to pay for customization and rebranding in all of them. 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.
Furthermore, when you hire their services, you won’t need to know much about forex trading platforms. 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 https://www.xcritical.com/ 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. In this comprehensive guide, we will delve into the world of white label forex trading apps, exploring what they are, how they work, and the benefits they offer.
Advantages and Disadvantages of White Labeling
According to statistics, 90% of FX traders face losses, and the other 10% experience regular profits. Meanwhile, this market’s opportunities are always attention-magnets for millions of professional and beginner traders. With control over pricing, White Label brokers earn more than introducing brokers. white label forex services A lot of traders deal with the white-label Forex brokers without even knowing it. Toni is a Fintech Analyst with over 8 years of experience in the financial industry where he worked as a financial control analyst at a regional bank and later conducted independent investment research analysis.
Forex trading has become increasingly popular in recent years, and many traders are looking for reputable and reliable brokers to handle their trades. A white label forex broker is a company that offers forex trading services, but instead of creating their own platform, they use a platform provided by another company. In this article, we will explore what white label forex brokers are, how they work, and their advantages and disadvantages.
Access to advanced technology
This comprehensive solution provides the necessary tools for a Forex brokerage with a reliable software foundation, multi-layered liquidity, robust trading platform, and a convenient back office. The solution includes over 30 technical connectors to major FX liquidity providers, advanced analytics modules, KYC/AML services, and integration with 60+ fiat payment systems. The trading platform has advanced features, including algorithmic trading capabilities, multilingual trading terminals, and advanced trading orders to satisfy even the most demanding clients.
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. In other words, a trading firm can buy a trading platform from another company, label it with its own brand, and operate and offer it to their customers.
The Cons of White-label Brokers
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. We can analyze your branding initiative and either give you our seal of approval or steer you in a different direction. You would not expect to become a successful brain surgeon without first going to medical school and practicing on a lot of animals, right?
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. 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. The proprietors of trading platforms may charge a premium for these services since they need ongoing improvements and upkeep.
