White Label cTrader is a full-featured brokerage infrastructure used by both institutional businessess and retail broker dealers worldwide. By utilizing our white label solutions, brokerages can get up and running quickly, offering their clients a branded, fully-customizable experience that reflects their individual tastes and preferences. Using an automated trading platform like MT4 or MT5 may dramatically reduce a new brokerage’s start-up costs. Brokerages get fully functioning and customized trading platforms with their branding
(discussed within the partnership). A wide range of instruments, fair and transparent pricing, and unique instruments can keep your company competitive in the Forex Premier League.
- Interactive Brokers offers comprehensive instructions on how to set up white branding on their website, as well as a dedicated team available for further information about the program.
- 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.
- It is equally true however that many such ventures, soon fail dismally, especially if they were ill-prepared and based on the wrong assumptions or an overestimation of one’s true condition and real circumstance.
- We will explore the top white-label brokerage providers, guide you on selecting the right broker, evaluate available market solutions, and examine the benefits and drawbacks of white label brokerage.
The company enables business owners to choose White Label MetaTrader (4 and 5 versions), as these trading platforms lead the market, empowering traders with access to tens of trading instruments, tools, and timeframes. 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.
To be able to accept deposits then, you will need to have in place the apparatus through which to process them, that will be secure and reliable. Moreover, and besides being able to accept payments online you will also need a merchant account in which these funds will be deposited. But banks consider forex brokerage a risky business, so they might not easily grant you the opening of such an account or they may charge you disproportionally high processing fees. Another fact that further increases the cost on your side is the common practice among brokerages to absorb the credit card fees incurred from client deposits, and if you want to be competitive you should do so too, but this will mean you will have to foot a bigger bill. Besides being able to start at a much lower cost, what is also great about white labeling is that it takes away the headache of having to deal hands-on with all the technical aspects of a brokerage, the trading platform configuration, and trade dealing specifics.
White Label cTrader setup options
On top of the turnkey solution, the company suggests brokerage companies integrate some products. Business owners get the inner matching engine and connections to liquidity aggregators to offer the best trading conditions for signed-up fx white label solution traders. Turnkey brokers combine the A-book and B-book business models to increase your profits. Consequently, we need to understand what is considered under the process of taking deposits, and why this factor is important enough.
When simply renting part of someone else’s server this will mean you cannot configure every to suit you, add plugins or add-ons as you wish or have access to the overall security of the system, as this is controlled by the solution provider. 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. White-label forex trading platforms eliminate the need for brokers to spend preposterous amounts of time and money on custom development. Let’s break down what exactly a white-label trading platform is, why it is beneficial for brokers, and what kind of challenges brokers can tackle using such a solution. Of course, we’ll mention the disadvantages of white labels, so you get to decide for yourself whether it’s worth implementing into your forex business.
The one-time setup fee for the service is $5,000, and the monthly support fee is $2,000. However, the monthly fees can vary depending on the services requested and the level of customization needed to offer the desired services to clients. Offering additional and alternative payment options such as PayPal, Skrill, or Neteller is also essential and it is also equally challenging.
Find a provider company
The foremost concern is to find a reliable company that offers WL solutions for FX brokers. Glance over the reviews and brief characteristics of a primary broker to understand whether it is worth dealing with or not. Compare prices and packages offered by diverse providers to come up with the best decision. Possible payment solutions
Traders need to obtain convenient ways to deposit and withdraw their funds from your company.
This is natural because a white-label solution makes it easier to enter the market and once a brand is established, it can then further consolidate its position and undertake all steps in the process. In fact, running a white-label brokerage does not differ much from running a regular forex brokerage. You will still have a website through which to offer your services, you will be using a trading platform and you will be able to set your own spreads and commissions. And exactly because as a white label you will be earning income from each trade placed by your clients, the higher the trading volume you attract, the higher your revenue will be. Your actual white label partnership agreement will contain provisions setting out the revenue and compensation model applied in your case, and most white label providers adopt a quite flexible approach on this matter, offering a variety of options for you to choose from. What you also forego is ensuring the anonymity of your clients, since their deposits and withdrawals will be handled by another party and not you.
Additionally, users may contact a personal manager through Leverate’s customer support department
24 hours a day, seven days a week. Our trading platforms are updated to reflect the changes and new opportunities in the global financial markets. Every channel we offer synchronises automatically and has a user-friendly interface that makes connecting to the world’s markets easy. We simplify the integration of financial technology for different applications and serve both sell side and buy side customers and their clients.
A white-label trading platform works wonders for such a case because, again, it’s affordable and quick in terms of delivery. High-level 24/7 technical support is available as well – experienced operators are ready to solve your problems as soon as possible. Such a model is considered as the basic partnership form between a newer player and a primary broker.
Starting a brokerage service in today’s fast-paced world can be challenging, especially with the high competition in the market. Brokers must provide their clients with a range of services and solutions that meet their requirements to achieve success. The selection of platforms offers additional flexibility and strengthens risk management.
Professional Financial Chart Component
Offer your traders access to an endless number of signals and indicators on the MT4 market. Due to the T4B solution, new brokers will be able to operate their businesses with the least amount of capital feasible. ETNA offers a comprehensive suite of tools for the purpose of Consolidated Audit Trail (CAT) and Customer and Account Information System (CAIS) reporting, which are fully compliant with FINRA regulations.
Fully branded and customized platform
Whether you’re looking for information or references, or want to learn more about white label brokerage, keep reading to find out more. Another potentially significant type of cost is the cost of hiring and maintaining the right staff that will help you excel. What roles they will be performing and how many they will be will depend on how you will choose to structure your business and which model of operation you will choose to adopt. Keep in mind, however, that you cannot possibly do it yourself and that your brokerage will stand little chance of succeeding if you don’t have the right people handling marketing, customer service and support, accounting, management, and IT issues. A broker might have been around for some time and might want to expand their offering and audience. Their existing trading platform might not allow that, so getting an additional one is a great solution to this challenge.