Features include individual trade hedging, so you can choose to hedge specific trades, and the ability to set exposure limits by client, client group, or instrument. XRisk also has advanced reporting tools, meaning you can reactively assess your risk management performance and continue to optimise your trading book on an ongoing basis. 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.
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. About 90% of all Forex trading volume is conducted directly through this trading platform, which is made available to customers by more than 70% of brokers. Since it allows traders to perform trades — including those involving mobile devices — analyze financial markets, deploy trading advisors (robots), and do much more, MT4 has gained a magnificent reputation for its broad versatility. Moreover, the MT4 White Label cost is pretty accessible, which makes it even more convenient for those with a low budget. The potential earnings of a white label MT4 broker vary based on client base, trading volume, fee structure, market conditions, competition, costs, and value-added services.
There are no conflicts of interests, because the broker earns money whether a trader has taken profit or not. A white-label broker is an established company that pays commission to the white-label provider for using its infrastructure and licenses. If there are technical problems or if new solutions need to be implemented, the white-label broker appeals to the white-label provider. A white label in Forex is an affiliate program, according forex white label to which a solution and infrastructure provider transfers it on a paid basis to the founder of a new brokerage company. As a hard-working, goal-oriented, and well-rounded person, I always strive to do quality work for every job I do. Faced with challenging tasks in life, I have developed the habit of thinking rationally and creatively to solve problems, which not only helps me develop as a person, but also as a professional.
Working with a licence grants you more flexibility, but it is more expensive and troublesome. Working with a trusted White Label provider saves you money and lets you stop worrying about maintenance. White label brokers typically charge a one-time setup and monthly subscription fee for using the MT4 platform. The fees vary depending on the client base, level of customisation, support, and scope of services. 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. The traditional scheme of brokerage with the use of a single margin account, based on the most popular clients’ base currency.
Trading platforms on the WL model provide companies just beginning to learn about electronic trading a comprehensive experience within a single trading sphere, thanks to their broad functionality and sophisticated software. As we have already said, white label partnership Forex brokerages are very common in the market, however, there are some alternatives to it. One of the best-known alternatives of white labeling is introducing brokers or IB for short.
The reason for this is that both of the sides that participate in the agreement get some advantages from the process. For the developers of the software, it can be viewed as a promotion without any costs. If the company that uses your platform becomes very successful, more people learn about the software that you have developed. You can also see how people react to the services of your platform and use this information to further develop it.
The sphere of electronic trading is developing rapidly, opening up new opportunities for capital growth in the financial markets. Thanks to this, there are many companies that have occupied this niche, offering solutions that provide comfortable analysis of market trends. One such solution is a trading platform, which has recently become one of the most popular White Label products.
This allows you to focus on your core competencies, such as client acquisition, customer support, and additional value-added services. Although MetaTrader 5 (MT5) may be considered more advanced, there are still a significant number of traders who prefer to stick with MetaTrader 4 due to their reliance on specific robots and strategies. Multicurrency based margin accounts allow brokers to minimize volatile risks between clients’ equity and brokers’ equity. 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.
- Saxo Bank assists its partners with a pre-launch project management team, including design and architecture experts who can configure and implement the white-label solution.
- Simply put, if you are someone who wants to start a Forex brokerage business without all the challenges that might come with the establishment of a new Forex broker, white labeling might be a great option for you.
- However, the monthly fees vary depending on the services requested and the level of customization needed to offer the desired services to clients.
- Brokers must provide their clients with a range of services that meet their requirements to achieve success.
- These services enable partners to integrate with the capital markets infrastructure, handle client authentication, access multi-asset liquidity with back-office services, and manage their accounts effectively.
It serves brokerage firms and financial institutions seeking impeccable, off-the-shelf fintech solutions redefining industry standards. Regulated UK White Label provider offering multi-asset liquidity and advanced trading technology to financial institutions and retail brokerage firms https://www.xcritical.in/ worldwide. The Foreign Exchange (Forex) market is the world’s largest and most liquid financial market, with an estimated $7.5 trillion in daily trading volume. As the Forex industry expands, more companies seek to enter the market and offer their own Forex trading platforms.
Additionally, traders can access Forex options through the TWS platform, allowing them to trade options on currency pairs. A white label Forex broker is a type of brokerage company that offers trading services to clients under its brand name but operates using the technology and infrastructure of a third-party provider. This makes it an ideal option for small to medium-sized firms looking to enter the Forex industry. It allows them to offer the same trading services as established brokers without the costly investment. White label solutions are cost-effective, and it saves time, improves overall offer to provide a holistic service package, offers a trading platform and range of financial instruments, provides technical and dedicated customer support.
Although there are many advantages that White Labeling comes with, there also are some disadvantages. Although most of the contracts provide a percentage of the turnover, most of them also include a fixed commission. The thing is that there is no guarantee that the company will be successful, because of which, the company might have to pay commission to the developer even if the business fails. According to the official definition of White Labeling from the National Futures Association of the United States, in most cases, the lessee’s customers do not have to have any type of relationship with the firm that operates the platform. In fact, in some cases, some are not even aware that the broker they are using is White Label. The not so good news is that you will have to hire qualified staff to support the platform, as well as pay for server hosting.
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. Mixed or hybrid model is considered the most optimal execution type for average brokers. It combines A-book and B-book, so the broker can bring the profitable traders to the real market, and processes the others’ transactions internally. At the same time, the mixed model excludes serious deposit requirements and major non-trading risks. One of the most widely used trading systems in the OTC market is Metatrader 5, which is only second in popularity to Metatrader 4’s prior iteration. This article will be your guide to the world of White Label solutions and will tell you what platform is working on this model.
Additionally, Soft-FX provides full support throughout the solution implementation process. 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 Solutions provide an excellent opportunity for both new and established financial service providers, brokers, and businesses to enter the Forex market with a robust, cost-effective, and feature-rich trading platform. These tailor-made solutions offer an accelerated path to market, lower start-up costs, and a foundation to build a successful and sustainable Forex business. Now that we’ve established that a WL forex solution is a sure way to go, the million-dollar question is – How much does a White Label Trading platform cost?