To add value to clients, many Forex brokers offer client-focused services such as tutorials, bonuses, contests, and investment services like Copy Trading, PAMM/MAM, Liquidity, and IB Modules. Quadcode is a global multi-brand fintech leader, creating user-friendly fintech solutions for B2B clients since 2013. It oversees 9 innovative projects across investment, banking, and white-label brokerage, fostering innovation in cutting-edge trading platforms, neobanking, proprietary trading, education, and beyond. ETNA’s white label trading platform features Web Trader and Mobile Trading Applications, Middle and Back Office and Trading APIs. Turn-key stock trading technology is seamlessly integrated via API with execution venues, clearing and market data providers of choice. With the XOH Trader platform, brokers can access a modern and cutting-edge environment designed for every type of brokerage.
They also provide daily account management and operational support through prime services and 24/7 IT maintenance to ensure that their partners can rely on the platform to be up and running without technical issues. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools. For instance, do you think that Tradestation, the popular online brokerage, developed its own trading platform? Tradestation focuses on building its brand and attracting new clients, while Interactive Brokers handles the technical aspects of the platform.
Key Advantages and Disadvantages of White Label Model
Deepen your knowledge of technical analysis indicators and hone your skills as a trader. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial. Interactive Brokers provides the ability for Brokers and Professional Advisors to white white label broker brand the Contract Database on the IBKR website by entering information in Client Portal. Part of the information you enter includes links to two images that you create – a leftmost image that must be 244 x 58 pixels and rightmost image that must be 371 x 58 pixels – and a link to your own stylesheet.
XManager partnered with xAdmin allows you to set different trading groups, spread markups, commissions and users all from one place. Keep your client data (name, email, telephone number etc.) securely in your CRM or other external database. X Open Hub can also consult you in identifying initial broker requirements, meeting regulation standards, training and marketing. Join thousands of traders who choose a mobile-first broker for trading the markets.
What are the benefits of using a White Label provider?
Depending on the country where you form the entity you plan to use to run your white label business, you might also have to register or get licensed there. However, there are many countries where you can incorporate your business that do not have such regulatory requirements. Nevertheless, even if you incorporate in a country with lax Forex statutes, you might still fall under the scrutiny of their regulators if the office where you meet clients is in that same country. That is why you need to choose your country of incorporation and your base of operation carefully. Their clients know that their account funds are in the hands of a well-known and regulated firm.
All services work via the API, the interface providing high speed execution which is absolutely secure. B2Broker does not use any extensions or non-licenced applications on its trading servers. If you want to make your mark in the Forex industry and gain a competitive edge, a White Label solution from a reputable provider is definitely the way forward. B2Broker has in-depth experience of the industry and is able to ensure the successful operation of your business, while offering your clients the widest range of financial instruments and trading. Which scenario you will adopt depends on your situation and the objectives you set to achieve.
Requirements for an MT4 White Label Solution
What you also forego is ensuring the anonymity of your clients, since their deposits and withdrawals will be handled by another party and not you. If you go for a full white label forex brokerage solution, then that anonymity is safeguarded, plus since your forex site will be fully branded with your own company name and logo, traders may never know who the real owner of the platform you are using actually is. A more viable option that allows smoother entry to the market is via a white label brokerage solution, be it partial, that is simpler, or full that will enable you to also accept customer deposits and allow you full power and control over your own clients. Bear in mind that there are ready-made complete turnkey solutions from reliable providers that will make it even easier for you to start your forex brokerage. However, irrespective of how good partners you find, success is still not guaranteed and none says the ride will not be bumpy or that you will not need to work hard, try harder and invest both in money, but also in time and effort.
The IBKR white branding process usually takes no more than two hours, except for statements, which may take up to 24 hours. However, the initial TWS white branding can take up to 48 hours to take effect. Following this you will be able to immediately start receiving your commission for every client that you can prove has been referred by you, e.g. for every trader that reaches the forex broker via your own unique referral link. 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.
White Label Paper Trading Platform for online brokers and educational firms
Normally, experience in finance, investments, and/or trading (especially Forex) helps immensely. Think over your experience and knowledge
Many brokers entirely rely on the owners of a trading platform, and that is among the most widespread mistakes. No matter how professional and trustworthy a company is, your way to success lies through professionalism and experience. Upgrade your skills constantly to understand the smallest details of the industry. White label brokers typically charge a one-time setup and monthly subscription fee for using the MT4 platform.
- A White Label Forex brokerage refers to a partnership program provided by Forex brokers that enables individuals or companies to establish their own Forex brokerage business by utilizing the technology and resources of the Forex broker.
- It’s basically renting out part of another company’s service and then marketing it as your own, using a white label solution.
- B2Broker’s Forex instruments include 80 currency pairs, 12 CFDs on indices, and 13 metal instruments.
- Saxo Bank also publishes case studies of the solutions it has provided to its clients.
- In summary, choosing the right White Label provider is essential for the success of any brokerage.
- The Foreign Exchange (Forex) market is the world’s largest and most liquid financial market, with an estimated $7.5 trillion in daily trading volume.
X Open Hub provides its clients a wide range of trading instruments, including 60+ currency pairs, majors, minors, and exotics. The platform is cloud-based, with no hosting costs, and designed for speedy and high-quality execution. 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.
White Label Broker Forex Cost – Forex White Label Provider
Unbelievable numbers that open new horizons for both traders and brokerage companies. A white-label broker is an established company that pays commission to the white-label provider for using its infrastructure and licenses. If there are technical problems or if new solutions need to be implemented, the white-label broker appeals to the white-label provider.
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. In a regular sense, white-label is a popular format of a partnership where one company produces goods or services, and another one sells them under its brand. An excellent platform for traders as well as the opportunity to build a brand for yourself are the main advantages for new players. Interactive Brokers provides the ability for Brokers and Professional Advisors to upload their own banners to white brand Client Portal, the IBKR Registration System, the statements that they provide to their customers, and PortfolioAnalyst reports. With Quadcode, you can add a personal touch to your traderoom, choosing a logo, color scheme, and trading tools to make your brand stand out. The WL MT as a part of the complex solution includes Liquidity, Trading platform, Trader’s Room, Payment System, IB Program and PAMM/MAM/Copy trading solutions.
No Experience in FX
In addition to Forex, they offer a comprehensive selection of over 1,000 financial instruments across 7 asset classes, including Crypto Derivatives/CFD, Indices, Energy, Equities CFD, and ETFs CFD. A new generation of professional software that helps brokers and exchanges manage their customers, admins and IB-partners in one place. ETNA offers a comprehensive suite of tools for the purpose of Consolidated Audit Trail (CAT) and Customer and Account Information System (CAIS) reporting, which are fully compliant with FINRA regulations. These tools effectively address the complete range of reporting requirements for broker-dealers. Clients gain access to the traderoom and an easy-to-use back office, leaving them to focus solely on customer acquisition and user support. My vision for White Label Broker is to serve as a true partner to real estate brokers who want to excel in their businesses.