How to Start White Label Forex Brokerage? Step by Step Guide

In this case, brokers will operate with US dollars only, but their clients have diversified portfolios which drive the broker to take a risk from the volatility of clients’ base currencies. Consequently, we need to understand what is considered under the white label forex process of taking deposits, and why this factor is important enough. The first way allows sub-licensed brokers to process clients’ deposits on their own, and the second model shows that all deposits will be processed through the main brokerage company.

best white label forex broker

When integrated into white labeling, the platform’s features and benefits are still available to the broker’s clients, but with the added advantage of having the broker’s brand front and center. A Forex White Label provider offering The TickTrader Trading Platform, along with multi-level liquidity, functional back-office, and other tools, to simplify the journey of a startup brokerage. HFM uses a joint review process to help with the structuring of products that target every white label’s client base. This helps to establish a framework for customer support services and assists with their initial launch. With white label solutions, brokers pay monthly or annual subscriptions which are a fraction of the cost of licenses. Introducing Brokers (IB) are companies or individuals that form partnerships with primary brokers to solicit clients on their behalf.

Best Forex White Label Solution: The Full Rundown

B2Broker is an international company founded in 2014 that assists brokerages and exchange firms in achieving their business objectives. B2Broker’s extensive client base has served over 500 customers, including 298 corporate clients, 170 professional clients, and 32 institutional clients. With a team of more than 380 employees, B2Broker provides top-quality solutions to meet its client’s needs. X Open Hub offers a White Label Forex Solution that allows brokers to differentiate themselves and meet client demand by creating new front-end trading systems using their API. A broker may spend significant amounts on technical infrastructure, Forex license and Metatrader 4 or Metatrader 5 trading platform licenses.

We will provide you with helpful tools like CRM, AMS, and SmartBot that will help scale your operations effectively. If you’re looking for high-quality Forex solutions to start generating revenue, simply get in touch with us. A full White Label model is the most comprehensive solution, wherein a firm purchases an entire package from a provider.

Ready-to-go business solutions

The quality of the user experience depends directly on a number of factors that influence the interaction between the user and the software or application. Speaking of WL Forex solutions, it is worth mentioning that the usability of the trading platform and its components directly affects the degree of interest of users in continuing to trade with a particular Forex broker. As for cons, the partial WL model destroys the anonymity principle, as traders’ personal information is accessible for a primary broker. Traders need to obtain convenient ways to deposit and withdraw their funds from your company.

These approaches enable market access with various commitments, investments, and possible return levels. Prospective brokers should select a provider that aligns with their objectives and offers reliable assistance. There are many benefits to adding resellable and re-brandable digital marketing services and projects to your core business model. Use MetaTrader 4 terminal available for PCs, laptops, tablets, and mobile apps. Let the traders trade comfortably anywhere, and they will open more positions. Here is a thought — you do not need to be an expert on every marketing tactic in order to sell it.

The cons of White Label brokers

Entering the market

When all the previous stages are completed, make your brokerage business ready to enter the Forex market. Test all the services and https://www.xcritical.com/ technical aspects, ensuring yourself everything is working correctly. Never be in a hurry, leaving enough time for the pilot version and bugs fixing.

  • Constantly upgrade your skills to understand the finer details of the industry.
  • Partners can set different trading groups and spread markups, commissions, and users, which is suitable for offering different pricing tiers.
  • On top of the turnkey solution, the company suggests brokerage companies integrate some products.
  • According to analysts, this solution is equally useful for newcomers and professional traders.
  • Although there are many advantages that White Labels have, there also are some things that people should keep in mind.
  • Saxo Bank also publishes case studies of the solutions it has provided to its clients.

A robust platform is only as effective as its users’ proficiency in leveraging its features. Top-tier forex white label solutions provide comprehensive training and ongoing support, ensuring brokers and their clients can maximise the platform’s potential. It’s also possible to start a company based fully on reselling white label products. This could be a good idea if you have strong sales skills and contacts and would rather focus on the development side to make your business prosper.

Which is the best trading platform for a white label forex brokerage?

The company may integrate payment providers, CRMs, and other components, but the turnkey solution doesn’t include them. One more aspect the X Open Hub company specializes in providing multi-asset liquidity; this is why brokers access deep Tier 1 liquidity pools that make it possible to execute traders’ orders instantly. In summary, choosing the right White Label provider is essential for the success of any brokerage. By partnering with a reputable and reliable provider, brokers can leverage the provider’s expertise, technology, and resources to establish a competitive presence in the market quickly.

Furthermore, business owners get high-end payment providers, including the possibility to integrate
B2BinPay, a crypto payment solution, that jumps your brokerage company to a brand new level. The company enables business owners to choose White Label MetaTrader (4 and 5 versions), as these trading platforms lead the market, empowering traders with access to tens of trading instruments, tools, and timeframes. The estimated costs of starting your own white label forex company can vary from $10,000 USD to $25,000 USD, depending on the extent of the services required of each individual brokerage company. Bear in mind that these costs are directly related to the type of services involved and can differ from service to service. When it comes to an unregistered white label provider, there are a number of reasons why this might be a risk.