Depending on your business plan and expectations, you can choose our standard package or order our Additional Premium White Label services. After becoming a White Label partner you get an access to one of the best trading terms and liquidity on the market, with highly competitive spreads and excellent execution. Trade equities and options with award-winning customizable web trading platform. In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto. Such a model is considered as the basic partnership form between a newer player and a primary broker.
This process is inevitable on the way to building a successful company with a global reputation. Using a WL solution, a Forex broker accelerates this process manifold and has the ability to quickly establish itself on the market and become a reliable provider of high-quality Forex trading services. The distinctive feature of the White Label Model in the Forex market is the variety of solutions brokers can use — payment systems, trading platforms, back office software, reporting tools — to create their business.
There are no guarantees that the platform and the White Label model as a whole will actually bring profit. First of all, it must be convenient for traders and fit the technical conditions of the broker. There is no guarantee that the platform will really turn out to be interesting for the broker’s clients. The developer will charge a commission from the broker (for example, 50% of the profit from the platform), which will reduce the small income of the broker. Creating a product from scratch is not an easy thing to do, especially if you are limited both in time and finances.
Leverage Our White Label Transportation Dispatch Software And Allow The Freight Brokers Negotiate Best Deals For Their Job
To develop a product from scratch, you will need an experienced IT team, financial resources, and time. It’s especially difficult if the project goes beyond your area of expertise, which means you’ll need to spend money on training, research, and development. In this case, taking a ready-made or White Label solution and focusing on promoting it is easier and more profitable.
Turnkey stock trading technology easily integrates through APIs with execution venues, clearing, and market data providers of choice. Starting a Forex brokerage involves various aspects that business owners need to consider, such as legal, marketing, sales, operations, finance, liquidity, and technology. B2Broker considers all of these aspects to provide a comprehensive solution for its clients. The white label service includes detailed documentation for each feature and transparent pricing, with a one-time setup fee of $5,000 and a monthly support fee of $2,000. However, the monthly fees vary depending on the services requested and the level of customization needed to offer the desired services to clients.
Your Definitive Guide to White Label Solutions for Fintech and Banking Services in 2023
The question of budget is purely individual and has to be discussed with the vendor you settle on. The possibility of customization is especially appreciated among many Forex brokerages, as it gives the freedom to flexibly adjust any parameters of the trading platform to provide the best trading experience to users. In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding. At the same time, the Forex broker offers essential technology, liquidity, and back-office support. Ultimately, it is crucial to select a white label provider that provides clear and transparent pricing along with a comprehensive range of services to assist with cost management. When comparing various providers, it’s important to inquire about all of the fees and services included in the package, as well as any potential additional expenses.
Automate the generation of invoices for business accounts and they will receive the same as soon as a booking is completed. When it comes to launching a new brokerage business, having the right technology is essential. We offer MT5 desktop, MT5 mobile, WebTrader – you can purchase either one or all start brokerage with white label software of them . MT5 web API for linking your client area on your website with our system, so your clients will be able to open accounts online. The White Label partnership is an easy way to start your own trading business without the need to obtain a full platform licence or expensive infrastructure.
How to Start White Label Forex Brokerage? – Step by Step Guide
The full White Label model provides trading firms with regulatory registration, a platform, and stable quote systems and market channels. As for the software, it also provides training in departments such as back-office, customer service, and market development, as well as the daily workflows of regular traders. A white-label fintech solution is an application that company A buys from a developer and then adds custom branding on its own.
- Choosing the trading platform determines the number of clients and the amount of money brokers will make through the business.
- This aspect is crucial because it simplifies trading access using different devices, anytime and anywhere.
- It comes with the preset of market-maker algorithms, which provide for administrators an ability to manage price flow, liquidity, and pricing policies for any instrument.
- The provided turnkey Forex broker software functionality includes the ability to control slippage protection, both on the side of users and on the side of the business owner.
- It takes a lot of time, money, and effort to build your own brokerage from the ground up, and you’ll need to invest a lot of resources in order to establish all of its essential components.
- On the one hand, the stages are pretty clear for beginners; meanwhile, every step may contain a string of pitfalls to restrain your company’s development.
Saxo Bank offers a range of services for white labeling, including client management, execution and trading, post-trade services, and a scalable platform for financial institutions. These services enable partners to integrate with the capital markets infrastructure, handle client authentication, access multi-asset liquidity with back-office services, and manage their accounts effectively. The platform also includes Microsoft Cloud for full scalability and security, real-time redundancy set, and incident management. ETNA offers a complete software solution with white label technology for online brokerage or digital capital management businesses. It includes web and mobile trading applications, middle and back-office, and trading APIs.
This model gains popularity rapidly, as beginners get high-end support and maintenance on every step. The cost of purchasing a product using the White Label model directly depends on the scope of services you will need. For example, some companies offer a turnkey brokerage solution, and this service includes all stages, from the creation of the company to its testing and launching. When it comes to access to a trading platform, though, prices vary incredibly.