Their flagship product, LXSuite, is a comprehensive suite of trading tools that includes a web-based trading platform, a mobile trading platform, a CRM system, and various other applications designed to help brokers manage their businesses effectively. A white label Forex broker is a type of brokerage company that offers trading services to clients under its brand name but operates using the technology and infrastructure of a third-party provider. This makes it an ideal option for small to medium-sized firms looking to enter the Forex industry. It allows them to offer the same trading services as established brokers without the costly investment.
Despite its most recent release, MT5 continues to be much less popular than MT4 and most brokers today use MT4 instead of MT5. The company may integrate payment providers, CRMs, and other components, but the turnkey solution doesn’t include them. The herein-mentioned components are exceptionally important for an FX broker; meanwhile, B2Broker understands the importance of inner processes; this is why business owners get a White Label B2Core, a CRM system that interacts with both leads and active
traders. A newcomer business owner gets a turnkey solution, skipping all the development stages. Reliable companies unlock access to their advanced technologies and products, implement all the components to make them function as one mechanism. B2Broker is a popular and well-established liquidity and technology provider for both the cryptocurrency and forex exchange industry.
This platform offers traders a seamless trading experience with built-in copy trading and crypto capabilities. Additionally, the package includes a fully-branded broker website and application, which is designed to attract clients with a slick design and top-notch user experience. XOH Trader platform provides brokers with a customizable and modern front-end system, including advanced charting tools, regulatory compliance, and mobile capabilities. The xManager back-office system is designed to help partners manage their clients, monitor live trading activity, set up different trading groups and spread markups, commissions, and users. Partners can also access a mobile app for account management and real-time financial trading.
The Sirix trading platform provides all these enhancements and features for traders’ needs, at a more affordable cost than the customary dinosaur platforms. White label brokers cut setup costs and typically generate revenue faster and more efficiently with less hassle– they make a commission on each successful transaction. The more shares that a trader trades through the broker, the more money the broker makes – and the more traders the broker services, the more money he makes. For this, earing as a white label brokerage is more cost-efficient for a starting Forex broker business venture. In addition to the setup fee, there are ongoing monthly fees for using the broker’s technology and services. These fees can vary depending on the broker and the level of support and services provided.
Leverate’s Sirix Venture brokerage solution will help your brokerage generate leads at your capacity. No, it doesn’t offer the platform branding possibilities of a full or partial white label, but when it comes down to the nitty-gritty, an IB business can make as much or even more money than a private label setup. An introducing broker does not have any initial or monthly platform fees to pay and doesn’t have to worry about the nuisances that accompany the processing of customer deposits and dealing with potential compliance/legal issues.
X Open Hub offers ultra-fast feeds and execution through various connectivity options such as FIX 4.3, FIX 4.4, xAPI, MT4/MT5 Gateways, or Bridge Providers. Additionally, they offer clients several benefits, including $0 volume commission whitelabel forex on OTC instruments, low effective spreads, no requotes, and deep liquidity on FX. 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.
Some brokers may offer a flat monthly fee, while others may charge a percentage of the trading volume. 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. Their trading platform, TickTrader, provides a flexible setup scheme for different trading conditions, allowing brokers to manage Forex and digital assets transactions efficiently. It offers several trading account types designed for both spot operations and margin (leverage) trading, catering to a wide range of trading strategies. The platform also offers multi-language client terminals available on Web, Windows, Mobile iOS, and Mobile Android, making it accessible to traders worldwide.
- Organizations who want to promote or build their own brand in the Forex industry need a white label platform.
- B2Broker’s Forex liquidity solutions offer a direct and efficient way for its clients to access major Tier-1 FX liquidity venues benefiting from a deep liquidity pool, fast execution speeds, and professional support.
- The forex broker stands to gain a lot more from the monthly operations/volumes of the white label, rather than the setup costs so the product becomes more attractive for the white label looking to gain the most with the least possible cost.
- The fact that a business has 450 institutional customers and 18 cutting-edge products demonstrates that it is on the right track.
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. When it comes to pricing, Soft-FX offers a user-friendly pricing calculator tool that enables prospective clients to get an estimate of the cost of the Forex Broker Turnkey solution. The pricing calculator considers important factors such as the required liquidity, chosen software modules, and additional services required.
The thing is that, like in any business, certain organizations and individuals will have a better edge as white label providers. Normally, experience in finance, investments, and/or trading (especially Forex) helps immensely. 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.
The cost depends a lot on the size of your forex operation as well – it makes sense for a forex broker to charge more on setup if the operations of the white label are small (in order to compensate the trouble). It also makes sense to charge less (or even nothing) if the operations of the white label are big. The forex broker stands to gain a lot more from the monthly operations/volumes of the white label, rather than the setup costs so the product becomes more attractive for the white label looking to gain the most with the least possible cost. In many product setups allFX-Consult was consulting on, we advised our clients (forex brokers) to give a $5k worth of platform for free after assessing the size of the white label’s operation, by adding certain liquidity terms into their forex white label package. And by taking this simple (but costly) step, they would gain smaller/average sized networks of $50k-$100k.
UF AWARDS Global 2023 Winners Revealed – DailyForex.com
UF AWARDS Global 2023 Winners Revealed.
Posted: Sun, 24 Sep 2023 07:00:00 GMT [source]
White Label provider offering advanced Forex and crypto solutions, including MetaTrader4 and MetaTrader5, tailored for brokerages and exchange firms. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools. In this article, we’ll be exploring the best white label brokers and providers, taking a closer look at their features and what makes them stand out from the competition. If you’re thinking about creating your own Forex brokerage service using a white label solution or just looking to learn more about it, this comprehensive guide is for you. Once you become a white label partner, you will have access to the same award-winning MT4 platform that most traders prefer, but it will be branded with your very own logo, company name and contact information.
Soft-FX is a fintech development company that provides software and support services to the financial services industry and digital asset platforms. It was founded in 2005 and made several partnerships with Forex and digital currency brokers, blockchain platforms, dealers, banks and funds. Leverate offers a package for Forex brokers looking to establish themselves called “SmartStart”. It is an all-in-one affordable brokerage package designed to help individuals launch their fully-branded Forex/CFD/Crypto brokerage. With SmartStart, Leverate provides a comprehensive solution that includes all the necessary tools and resources to build a successful brokerage from the ground up. It also offers an advanced toolset, including Stop Loss/Take Profit, Pending Order, Trailing Stop, portfolio management & technical analysis tools.
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. Don’t put all your eggs in one basket – look outside the spectrum of your own knowledge and seek the advice of others who stood where you now stand. If it does, do it right with a clear entry and exit plan (just like with a good trading position). We would like to conclude this article by reiterating; White Label in FOREX is a WIN-WIN for everyone operating in the forex market. When you’re ready to give your own Forex brand a go or if have any questions before getting started, just complete our short form below. If, for whatever reason, you are not in the ideal situation to start a private label at the present time, isn’t it better to work first on correcting whatever deficiencies are causing you to be in that state, then revisit your plans when you are properly equipped?