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. B2Broker is an international company founded in 2014 that assists brokerages and exchange firms in achieving their business objectives.
- It is regulated by FCA, KNF, CySec, IFSC, DFSA, and FSCA, and operates under a robust regulatory framework to ensure the best interest of its clients.
- White label forex works by partnering with an established forex broker that provides the technology and infrastructure needed to run a forex brokerage business.
- IBKR offers a vast selection of over 100 currency pairs for trading, including major pairs like EUR/USD, USD/JPY, and GBP/USD, as well as minor and exotic pairs.
- White Label MetaTrader 4 is a ready-made solution that enables you to start a Forex brokerage or Multi-Asset business quickly.
- 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.
I’ll just accept deposits directly from my customers then.” The problem is that accepting deposits comes with its unique set of challenges too. Even though the ideal solution for you will depend on your specific objectives, each option comes with its set of advantages and disadvantages. You don’t have to become an artist and paint the next Mona Lisa to make a white label work.
Good Candidates to Succeed as White Labels
The original white label providers are customer-oriented and always keep their clients’ financial and business needs at the top of the agenda. The best web trader/Forex CRM/ MT5 / MT4 white label solution providers also bring their clients fully functional and customizable solutions to help businesses reduce their investments and increase ROI in little time. Choosing a white label route as a forex provider means you don’t have to build your own platform, buy a server, find PSPs and payment solutions, handle the technical side of things, or deal with configurations or customizations. The ideal WL platform supplier will provide all the above services and more, all at a feasible cost for your brand. Not many know or realize that even several current top-tier forex brokers, have actually started out as white labels and gradually built their way towards the completely independent operation of their firms.
The forex industry is constantly evolving and with it its traders and their demands. There are many “go-to” traditional platforms that can be implemented in your white label solution. However, bear in mind that these benchmark platforms may not be progressing as quickly as forex traders are. Many traders are looking for user-friendly and highly intuitive platforms with Social Trading capabilities, chart interaction and analysis, and fast and efficient order placement capabilities to keep up with the fast-paced moving markets.
It also makes sense to charge less (or even nothing) if the operations of the white label are big. The forex broker stands to gain a lot more from the monthly operations/volumes of the white label, rather than the setup costs so the product becomes more attractive for the white label looking to gain the most with the least possible cost. In many product setups allFX-Consult was consulting on, we advised our clients (forex brokers) to give a $5k worth of platform for free after assessing the size of the white label’s operation, by adding certain liquidity terms into their forex white label package.
Any business that uses online service provision can consider white label solutions. Hundreds of forex brokers start as white label brokers before they operate as individual entities on their own. HFM is a large and well-established broker that offers white label solutions targeted specifically at financial institutions as well as consultancy firms worldwide.
How to use fractal indicator in forex?
Here the forex broker himself is a counterparty for his clients and executes client trades at real quotes received from banks and liquidity providers. Taking this example further, imagine a row of canned goods at the supermarket with fancy labels. Why would any shopper in our example choose the unbranded can over the others with fancy labels?
As a result, the broker turns a profit by levying his customers commissions or by increasing the spread. There are no conflicts of interests, because the broker earns money whether a trader has taken profit or not. Our team of FX consultants speak to new investors on nearly a daily basis about the nuances of trading forex & CFDs. Because many of the traders who contact us are newcomers to the world of FX trading, we are often asked for a simple way to define forex white label technology. With our clients in 15 out of the 28 member states offering strong partnerships to individuals and corporations with existing client base, looking to connect. No forex broker will publicise their cost (for the obvious reason of fierce competition) but the pricing ranges between $5k-$12k one-off cost for getting the platform(s), and no less than $3k monthly, for support.
The platform has received numerous industry awards for its innovative technology and user-friendly interface. Soft-FX offers the Forex Broker Turnkey solution as a one-stop portal to enter the FX business market. This comprehensive solution provides the necessary tools for a Forex brokerage with a reliable software foundation, multi-layered liquidity, robust trading platform, and a convenient back office.
While looking into Sirix and other competitors in the field, the important factor in choosing a platform is finding one that will make any trader feel at home. Execution capabilities are important, while the dashboard, indicators, and analysis features are crucial components for your traders’ user experience and trading abilities. Be sure to do thorough research and find a WL provider with a platform that will be suitable for your traders’ needs. 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.
White-label Broker
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. This is a big part of the reason why it has become such a preferred option among new-coming trading-oriented companies.
The white label Forex programme also has certain disadvantages, so weighing them before choosing to utilise this method is crucial. Yes, you can ensure the safety of your platform by choosing a reputed broker with good reviews. But before we connect anyone or make recommendations, best forex white label solutions we thoroughly examine all possibilities. When you read the three main reasons why you should hold off on becoming a white label below, think about your current situation. If any of these three apply to you, delay your launch date and focus on your problem areas.
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. Forex White Label is the most successful option, enabling brokers to easily set up their Forex brokerage and remove entry barriers to the market. With our clients in Belize, Seychelles, the Caymans, Martial Islands and St. Vincent offering the most flexible IB and White Label solutions. If you are a networker in the forex industry, you most definitely have to give a forex white label, a go!