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The Top White Label Forex Brokers and What Sets Them Apart

  • June 8, 2024
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  • Jessica William
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The Top White Label Forex Brokers and What Sets Them Apart

By June 8, 2024June 11th, 2024FinTech

Think of a white label product as a blank canvas, straight from the manufacturer. The “rawest” version of a product, a version that allows companies to have custom-made specifically for them to make their own and resell.How does a white label solution work when it comes to the brokerage industry? Remember that long list of things we mentioned before that you’ll need to consider when opening your own brokerage? Well, a Forex White Label solution solves all those problems for starting brokerages by providing your business with the already-established fundamentals as a “bundle” package.

forex white label software

Our solution introduces a hybrid operating model that combines A-Booking and B-Booking,
aiming to optimize the profitability of your brokerage. The access to the back-end systems is protected by multifactor authentication and secured communication channels. Client data is backed up off-site to the
cloud storage to avoid information loss, but ensure accessibility on a daily basis. Multi-channel notification system provides 24/7 performance and availability
monitoring of any vital components.

Drawbacks of Using WL Software

The basic premise of WL solutions is simple yet genius – they allow companies to acquire pre-made software that can be modified and personalised to fit their own brand. Such a solution allows companies to avoid the arduous development and engineering process and go to market within a few months or weeks. We work closely with our clients offering ready-made or customized streams of
liquidity to facilitate trading. This enables brokers to benefit from best
execution and competitive spreads, together with raw, small, medium and big
mark-ups and get rebates. Technical analysis is one of the core elements of success in the financial markets. Various indicators, oscillators and tools can help traders identify the trend direction and choose the right moment for opening and closing a position.

forex white label software

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.

The Top White Label Forex Brokers and What Sets Them Apart

There are several niches to choose from, including different asset classes, trading solutions and other variations. For example, you can provide a single currency pairing, like USD or BTC, and build your entire proposition around this currency. This specialised service is top-rated since customers value boutique trading platforms. The white label goes beyond branded terminals and a platform, it also includes the life cycle of the brokerage.

forex white label software

If the final price
in an order exceeds the specified threshold, such an order will simply be rejected. 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. The opportunity to become a signal provider is probably the best thing a broker can offer all his clients as it opens a real career path with big potential earnings on fees for every trader even if he doesn’t have a big own deposit. In a highly competitive environment, white label solutions provide startup brokers with the perfect solution to get them off the ground. New brokerages that choose white label packages receive a key to a comprehensive and feasible business solution for a monthly/annual fee.

What is a White Label Forex Broker?

If he likes the profit/risk ratio, he then starts following a trader and his position will then be copied to his account. Communicate with a client via email, write blog posts, live streams with trading tips and organize a discord chat where clients can meet each other and don’t feel lonely by being one on one with the market. Instantly send funds to trading platforms to avoid margin calls and stop outs
thanks to our deep integrations with the Trading Platforms Flagmans. Go through the verification process as smoothly as possible with the in-built
Know Your Customer system and UI. Adjust your users to complete as many
levels as needed so that they can increase withdrawal limits/open advanced
accounts. Bring automation to the process by connecting such solutions as
SumSub or Identity Mind in order to avoid human labor in checking the
documents.

forex white label software

Contact us  to explore our offerings and start your journey in the world of finance and technology. 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.

Ready-to-go business solutions

On top of the turnkey solution, the company suggests brokerage companies integrate some products. 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 Non-deliverable Ahead Contracts Ndf them function as one mechanism. The platform offers a balance between automation and manual control, providing brokers with a robust yet flexible risk management approach. At Devexperts, we offer DXtrade CFD, a white-label trading platform for forex, CFD, crypto, and spread-betting brokers.

Obviously, it is best practice to have a website when offering online services like trading signals, and you can build your website in HTML, WordPress, or some other similar platform. Signal Magician is capable of handling unlimited client accounts and unlimited Signal Provider accounts. You focus on trading and marketing to grow your trading signal business, and we’ll focus on fulfilling your copy trading needs. One more possible solution for business owners who have just entered the market is
UpTrader, a company that primarily focuses on CRM systems for FX brokerage companies. 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.

Choose Which Trades You Want To Copy

White label solutions are perfect for Forex brokers and other financial institutions that want to become more efficient, reduce expenses, and offer superior services. By depending on third-party technology providers, brokers can swiftly construct a secure and solid groundwork for their operations with the added bonus of customizing these products to provide even better customer service. So, if you aim to jumpstart a white label forex broker, spare no time or effort in finding the best possible white label software for your needs.

  • Designed for robo-advisors,  fund managers and RIAs, ETNA Digital Advisor is a perfect opportunity to expand brokerage offering with advisory services to increase trading volumes and attract new clientele.
  • And the worst part is that you had no way to invite your followers to another platform.
  • Now, a white label broker can provide most trading instruments, options and features in custom-made platforms.
  • If the image of your white label organization (consisting of logos, website, etc.) is not optimized, you run the risk of turning customers off and losing business.
  • This is a good opportunity to make some money from savings, get rich and look smart in the eyes of friends.

As of 2023, starting a forex brokerage business has become much simpler due to the invention of a white label model. In this article, we will discuss how white label solutions simplify the lives of forex brokers and how you can use them to develop a proper white label forex broker company. MetaQuotes Software Corp. is a leading provider of trading platforms for the forex industry, and their MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are widely used by brokers around the world. They offer a white label solution for brokers who want to offer their clients the popular MT4 and MT5 platforms under their own brand name. MetaQuotes’ white label solution is known for its advanced features, user-friendly interface, and robust security measures. FXCM (Forex Capital Markets) is a leading global online forex trading and CFD broker.

Your path to Forex Prosperity begins here!

CRM is an essential platform for any broker, as it allows them to securely store crucial customer information like contact details and account history. This makes it simple to both manage accounts accurately and provide customers with personalized service in a timely manner. Today’s most prominent providers offer module-like integration, which greatly enhances the whole process. This allows brokers to integrate new elements into their business without redesigning or rebuilding any existing infrastructure.

Your inactive clients are probably the most underestimated asset of your company. It is also very important to promote the creation of investment portfolios from several signal providers. If you’re looking to set up your own brоkеrage business, should you choose FOREX or Crуptо? Find out more about what each sоlution offers and what is the best chоice for you.

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