Setting up your own Forex brokerage with a white-label solution from a technology provider like Starting Brokerage is a cost-effective way to enter the forex market quickly. The process involves selecting a reliable technology provider that offers white label solutions and customising the platform to meet your branding and business needs. There are many ways to initiate customer interest and generate leads for your forex brokerage.
As for the traders using the White Label companies, it should be noted that not that much changes. Trading with a White Label Forex broker is pretty much the same as trading with a regular Forex broker. These companies offer traders all the things that the platform it uses has to offer.
White Label integration for MT5 or MT4 is available in three flavors from Match-Trade Technologies. You can evaluate which bundle is best for you by comparing the starting and standard packages with the complete package. In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto.
There can be different scenarios of partnership, but the broker has to pay for customization and rebranding in all of them. Eventually, both models have strong and weak points, and a newer broker should decide which solution corresponds with his (her) goals better. Finally, it’s essential to stay up to date with market trends and regulations to remain competitive in the industry.
Best White Label Brokerage Providers
Your financial budgeting is individual, set to change, and should be negotiated with the company you’re set on working with. B2Broker, established in 2014, is a global company that helps brokerages and exchange firms worldwide to achieve their business goals. With over 380 employees, B2Broker has served more than 500 clients, including 298 corporate clients, 170 professional clients, and 32 institutional clients. In conclusion, Forex White Label Solution is an attractive option for individuals or companies looking to start their own Forex brokerage business without the need for extensive infrastructure or regulatory compliance.
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. Leverate offers a package for Forex brokers looking to establish themselves called “SmartStart”.
When it’s time to send the money to fund their trading accounts, they’re going to know. However, if your objective is to appear as a full-blown broker and not let your customers know who the actual brokerage firm behind the platform is, this arrangement becomes very disadvantageous. To achieve anonymity between your clients and the platform provider, you need to accept deposits yourself. Similarly, for brokers, Interactive Brokers offers a turnkey solution providing fx white label solution access to powerful trading technology and advanced trading tools for trading on over 150 markets in 33 countries and 26 currencies. IBKR’s services include pre-trade compliance, real-time market-risk management and monitoring, lower costs with no ticket charges or minimums, and a suite of advanced trading technologies called IBKR BestX. Axi is a reputable, well-regulated, and large brokerage that offers white labelling to other financial start-ups.
- The IBKR white branding process usually takes no more than two hours, except for statements, which may take up to 24 hours.
- With X Open Hub, becoming a Forex broker is easy and can be done in less than two weeks with their express start-up package, which includes a trading platform, an intuitive back office system, and access to their premier liquidity.
- A Team that is combined with professional & practical experience in the financial industry with the best of the knowledge.
- Gain Capital is a well-established firm that has more than 18 years of experience in enabling businesses that have complementary product portfolios to expand and grow their offering.
- The process involves selecting a reliable technology provider that offers white label solutions and customising the platform to meet your branding and business needs.
is equally well-suited to newbies to the market and more established, seasoned participants since it meets the needs of brokers of varying levels of skill. One of the key features of SmartStart is the Sirix platform, Leverate’s trading platform which is available on both the web and mobile. 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. With X Open Hub, becoming a Forex broker is easy and can be done in less than two weeks with their express start-up package, which includes a trading platform, an intuitive back office system, and access to their premier liquidity. When it comes to pricing, X Open Hub is flexible and allows you to choose the services you need, so you can manage your expenses.
Get Your Own Brokerage Up & Running In Less Than 5 Days
X Open Hub is the institutional division of XTB SA, the parent company of the well-known broker XTB. They have formed over 100 partnerships and are dedicated to providing high-quality services to their clients. When starting as a white label broker, the new startup will avoid high initial set-up costs, gaining access to a platform and allowing them to start attracting customers without having to develop a proprietary platform. Because so many brokerage firms now allow novices to participate in foreign currency markets, dealers are searching for competitive advantages. Assisting you with the initial setup of your brokerage and guaranteeing long-term success for your company is made easier using Gold-i’s technological knowledge. Establishing your forex brokerage using Gold0i’s WL solution for MetaTrader 4 and MT5 is simple
If to switch the attention to brokerage companies, the liquidity is referred to the depth of the order book. The more ask and bid offers are placed there, the higher chances traders get to buy and sell assets by the market price. Reliable liquidity providers connect your order book with the largest banking institutions and funds like BNP Paribas, Barclays, Goldman Sachs, etc. If you’re interested in starting your own Forex brokerage business with a White Label Solution, take the time to research and evaluate different options and create a solid plan for success.
For instance, some companies suggest turnkey Forex broker solutions, and this service includes all the stages, starting with a company creating. The budget issue is entirely individual and should be discussed with a company you’ve fixed on. Some providers may charge a one-time setup fee, while others charge ongoing fees or a percentage of the spread generated by the broker’s clients.
The bundles start at $1,000 per month, allowing you to select the services that align with your needs and budget. They also provide consulting services for identifying initial broker requirements, meeting regulation standards, training, and marketing. Additionally, you will have access to 24/7 account manager support to assist you with any queries or concerns. If we distinguish the main pros and cons of every model, brokers experience the highest simplicity (no payment providers are needed) and the opportunity to enter the market within the shortest terms. As for cons, the partial WL model destroys the anonymity principle, as traders’ personal information is accessible for a primary broker. A few words about liquidity
At first sight, Forex is a liquid market, as we are talking about fiat currencies.
Technical trading features
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. This is why a Forex broker White Label seems to be a more reasonable solution. A newer business owner applies to an existing reliable Forex broker to use its trading platform and liquidity, offering services as a new brand. This model gains popularity rapidly, as beginners get high-end support and maintenance on every step. A popular business model in the forex market is the “Forex White Label Solution,” which enables people or organisations to provide forex trading services under their brands while using the resources and infrastructure of a reputable forex broker.