Where investing is concerned, if things go wrong, they must be fixed quickly, or brokers could risk losing their clients’ funds and trust. We offer a large range of products and services to enhance your business operations. As for the company that is on the other end of the agreement, it saves money by getting a pre-made, proven platform according to which a broker can be developed a lot easier. The best thing, however, is that the Forex trading White Label platform drastically cuts down the operational costs. In most cases, the White Label brokers pay a certain amount of fee, which mostly tends to be floating depending on the turnover. The reason for this is that both of the sides that participate in the agreement get some advantages from the process.
If you are planning to start a forex brokerage or any other forex related business, you will find the technology and solution providers here. White label brokers cut setup costs and typically generate revenue faster and more efficiently with less hassle– they make a commission on each successful transaction. The more shares that a trader trades through the broker, the more money the broker makes – and the more traders the broker services, the more money he makes. For this, earing as a white label brokerage is more cost-efficient for a starting Forex broker business venture. Unlike many other white label providers, Axi offers an entire journey and not merely an end destination, providing their white label brokers with the necessary support that they need throughout the entire process.
MILLIONS OF TRADERS
X Open Hub is a popular forex white label solution provider known for its user-friendly platform and advanced trading technology. With an intuitive interface, traders can easily access a variety of trading tools and features, including multiple order types, real-time market data, and customizable charts. X Open Hub also offers comprehensive risk management solutions and seamless integration with third-party APIs. The platform is suitable for both new and experienced traders looking to start their own forex brokerage or enhance their existing one with cutting-edge technology. Saxo Bank is a well-established forex broker that offers access to multiple markets, including stocks, bonds, forex, and futures. The platform offers advanced trading tools and features that cater to both beginner and professional traders, such as news feeds, economic calendars, and real-time market data.
The second one is called partial White Label Forex broker, which means that the company receives a distinct domain, a fully designed website, as well as a trading platform. Beginner business owners cut their costs, as they leverage the White Label trading platform, facing no necessity to purchase the product. The given stages require sufficient experience and profound knowledge to reach success, as many newer business owners who run a brokerage company on their own face a failure at the end of their ways.
The provision of quality technical support
The platform also offers multi-language client terminals available on Web, Windows, Mobile iOS, and Mobile Android, making it accessible to traders worldwide. XOH Trader platform provides brokers with a customizable and modern front-end system, including advanced charting tools, regulatory compliance, and mobile capabilities. 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.
How to Increase Mobile Traders’ LTV with Quadcode’s White Label Brokerage – Finance Magnates
How to Increase Mobile Traders’ LTV with Quadcode’s White Label Brokerage.
Posted: Mon, 03 Apr 2023 07:00:00 GMT [source]
Forex White Label providers make it possible for companies to offer retail traders services a lot easier than they would be able to if they started their own business from the scratch. 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.
years of innovation in FX trading
The white label goes beyond branded terminals and a platform, it also includes the life cycle of the brokerage. This offers the startup the tools it needs for every process including risk and money management, monitoring, client relations, and several others. A White Label Forex brokerage refers to a partnership program provided by Forex brokers that enables individuals or companies to establish their own Forex brokerage business by utilizing the technology and resources of the Forex broker. In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding.
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. In addition to the trading platform, Sirix Broker provides forex white label providers a back-office solution that allows brokers to segment their traders into groups and adjust their trading conditions according to their needs. Brokers can also control what traders see, view their activity on a rich dashboard with real-time reporting, and engage traders with notifications. Sirix Social empowers traders with an integrated copy trading feature, and Sirix Crypto allows brokers to add crypto CFDs to their offering.
Exploring the Health Benefits of Forex Trading: Stress Relief and Improved…
New brokerages that choose white label packages receive a key to a comprehensive and feasible business solution for a monthly/annual fee. With white label solutions, brokers pay monthly or annual subscriptions which are a fraction of the cost of licenses. When an individual or group decides to start a forex broker from scratch, they will be required to purchase a significant number of licenses such as trading platform and liquidity bridge licenses, amongst several others. 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.
Additionally, B2Broker offers a multicurrency-denominated margin account to minimize volatile risks between clients’ equity and brokers’ equity, allowing client accounts in different currencies to be connected to one margin account. When integrated into white labeling, the platform’s features and benefits are still available to the broker’s clients, but with the added advantage of having the broker’s brand front and center. A Forex White Label provider offering The TickTrader Trading Platform, along with multi-level liquidity, functional back-office, and other tools, to simplify the journey of a startup brokerage. The traditional scheme of brokerage with the use of a single margin account, based on the most popular clients’ base currency. This scheme works with small volatility risks on basic fiat currencies, but has a huge volatility risk with crypto and exotic currencies.
Bottom line: where to find a trustworthy WL provider?
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. BNB and BTC based accounts can easily work with BTC based margin account with minimal risk on volatility differences between these two currencies, as an example. Although you might not know, there are many top-tier, well-known Forex brokers around the world that initially started as white labels, and after some time and exposure, were able to become successful, independent Forex brokers.
