Given the unique advantages and disadvantages of full and partial white label solutions, it is crucial that your Forex company chooses the right one. After you complete our short form, we’ll first discuss with you your objectives and ideas; then, recommend the best solution – the one that will give your branded FX business the best chance to succeed. But before allowing clients to fund their accounts via credit cards, you’ll need to be able to process them. You’ll need a secure online interface to accept and carry out credit card transactions and also a merchant account to receive the funds.
The WL SMTP server allows for the daily sending of account statements with a specified digital signature. With PowerBI, traders can easily visualize and analyze their data in real time, identify trends, develop more accurate models and store data. Allowing users to trade on multiple exchanges, with various products, from different locations is an edge for a broker over competitors. A deep pool of institutional liquidity will satisfy even the most sophisticated traders you serve.
- Traders can quickly switch between trading platforms choosing the most suitable, and benefit from the features and advantages offered by each one.
- Depending on your geographical location, this can add a few thousand dollars a month to your list of business expenses.
- Also, you can save thousands of dollars that are spent on setting a business physically.
- Online forex trading is basically a process of buying or selling the products or services online without any geographical boundaries.
Our solutions are accessible 24 hours a day 7 days a week to meet your global business needs whenever and wherever a foreign exchange opportunity arises. Whether you’ve just started a prop trading firm or have been in the industry for some time, our unbranded white label solution provides the perfect blend of flexibility and customization. You can take advantage of our technology and liquidity without sacrificing your own brand and identity. Forex White Label Program is a program which is designed for restricted individuals and institutions that desire to build a brand name and a presence in the Forex industry. In a forex white label program, you will be presented with a platform (MT4) holding your brand or logo as well as content for your IB website. Along with the white label program, you also tend to get services like back office support, and administrative and support functions.
Provide your traders with a wide range of account currency denomination options
To decrease the intensity of initial investment and clarify this process, you may want to begin as an introducing broker at the origin. Introducing broker partners with big brokerage company and only deals with customers. In this case, all financial and back-office operations are managed by the great broker, while the Introducing Broker requires finding a way to draw new customers. Becoming an (IB) is available, as the IB and the origin company experience profit from clients, brought by the Introducing Broker.
X Open Hub offers business owners their innovative high-level product, XOH Traders, a trading platform to empower clients with advanced trading features, tools, and modes. Brokerage businesses may integrate this platform
as a White Label solution. 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. This website contains detailed information on crypto currencies, forex, contracts for difference (CFDs), stocks, commodities and indices. Additionally, you will find information on various brokers, global markets and exchanges, and investment firms. All financial instruments are fraught with risks and must be understood well before an investor starts trading.
We are a globally recognised and trusted brokerage with over 10 years of solid online trading experience and over 40 international FX white labels under management. Our liquidity providers are among the best in the market and our partner bank is one of the largest in the world. 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. Several separate customer groups, each with its own currency, are represented in the illustrative margin account in US dollars shown above.
Brokers in this situation will only deal in US dollars, but their clients’ portfolio diversification will drive them to expose themselves to the risk of their clients’ base currencies fluctuating. According to margin accounts denominated in the same base currency, the aforementioned example shows full diversification for the base currencies of client groups. Brokers and customers alike will be able to work with the same amount of capital without worrying about the volatility of different currencies. In a multicurrency denominated margin account model the broker needs to control the equity on all his margin accounts in order to provide execution for all his clients. This means the broker has to keep more funds – close to 100% of client funds, on his margin accounts to avoid rejections for client orders due to insufficient funds. In a multicurrency nominated margin account model the broker needs to control the equity on all his margin accounts in order to provide execution for all his clients.
It is a comprehensive financial platform that is accessed by thousands of brokers all over the world. The site makes collaboration between a Forex brokerage and providers a simple process. It offers a listing with a wide range of providers with detailed reviews and comments from their customers. Is your prop trading firm missing out on opportunities due to a lack of brand presence and customization? Our program provides personalized plans and a full range of support services to ensure your success in the market.
Prime of Prime Liquidity Pool
For a more specific list of high-probability candidates, you can access the this section of our website. In our “IB Guide,” we also provide a detailed list of businesses that are well-positioned to succeed in the IB space. 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. To make the registration process hassle-free and also minimize the costs, it is wise to opt for Forex turnkey solutions when building a Forex brokerage.
Why choose the Clover Markets White Label Solution?
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. This will help your business grow and your firm will benefit from professional, full-service back office support and varying administrative and support functions that are all there to help you succeed. In simple words, Forex white label solutions are systems to get an MT4 platform and manager access under a reputed Forex brokerage firm. The example above contains one margin account based in US Dollars, and a lot of client groups based in different currencies. 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. In this case, brokers will operate with the US Dollars only, but their clients have diversified portfolios which drive the broker to take a risk from the volatility of clients’ base currencies.
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.
Margin accounts can be denominated in any currency from the B2Broker liquidity, including cryptocurrencies. Client accounts in different currencies which are correlated to each other can be connected to the one margin account. BNB and BTC based accounts can easily work with BTC based margin account with minimal risk on volatility differences between these two currencies, as an example. One big advantage of not taking deposits and operating as a partial provider instead is simplicity. Getting the platform branded is something that’s relatively easy to do and can be accomplished in less than two weeks if all your company documents are in order.
Gain access to top-tier liquidity and advanced trading technology for competitive pricing and efficient trade execution. While talking about goals and objectives, this brokerage solution matches the definition of “cheap and cheerful.” UpTrader makes it easy to enter the market – the implementation procedure duration starts from 5 days. White Labelling is becoming very popular in the FX market because both the buyer and fx white label solution the seller benefit from it. The seller profits from their software sales, a proportion of the earnings their clients and the buyer is happy that he doesn’t need to handle the technical side of the business, he can simply concentrate on sending players to the websites. Since timing in business is crucial, it would be wise for you to heed the above advice and wait for the right moment to start your own brokerage brand.