Introducing Broker vs White Label The Best Way to Maximise Your Revenue

They have the flexibility to add new features and functionalities as their business evolves. Forex trading introducing brokers can also scale their operations by referring more clients, but their growth potential is inherently tied to the capabilities and offerings of the brokerage firm. As we see, the benefits of white-label FX trading platforms clearly outweigh their shortcomings.

White Label Broker and how does it work

This service is fully customizable, scalable and may be tailored by Dukascopy Bank SA in accordance with the Partner’s needs to meet any possible trading and/or regulatory requirements. PayPal for example is unlikely to allow new Forex brokers, as would the likes of ZotaPay. Every payment gateway is firming up their compliance and so leveraging existing relationships from ACY would allow you to get established faster. By working with a Forex white label broker, you can leverage their Prime Broker relationships, and the volume they are already putting through on a daily, weekly, and monthly basis. From your existing lists to the marketing funnels you are running, those clients are yours. In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto.

Trading Platforms

As for trading platforms, MT4 and MT5 are the two most popular solutions implemented by more than 70% of Forex brokers. Therefore, you should select those products that will empower your clients with the latest tools and instruments. It is a comprehensive solution that provides traders with an excellent trading experience while helping brokers grow their businesses. 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.

White Label Broker and how does it work

In this case, many IBs support consultation and expert help to provide the information for traders. As the middle ground between traders and brokers, IBs educate traders about the forex trading industry. To do this, they could provide a complete explanation or directly answer clients’ questions about trading.

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With a team of more than 380 employees, B2Broker provides top-quality solutions to meet its client’s needs. X Open Hub offers a White Label Forex Solution that allows brokers to differentiate themselves and meet client demand by creating new front-end trading systems using their API. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools. Using a white label Forex broker can offer many benefits, regardless of which business model you choose. It can help you save valuable time and resources while enabling you to concentrate on building your brand and delivering top-notch customer service. Let’s look at some of the pros and cons of working with a white label Forex broker.

Introducing brokers typically focuses on marketing and customer acquisition, leaving the trading infrastructure and support to the brokerage. So, if you are thinking about foraying into the forex trading industry as a broker, you can think about establishing your own forex trading platform and brokerage firm. This is a very complex process and it is safeguarded by so many rules and regulations of different countries. Also, you need to have huge working capital to be able to provide broking services to numerous traders.

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Their offerings vary not only in pricing but also in platforms’ scope of supply. You can use IBs offers as a filter to choose a good forex broker since most brokers are affiliated with many IBs. Meanwhile, WLs are at least experienced in attracting and maintaining a good partnership with third parties, as well as managing and satisfying their clients’ needs.

White Label Broker and how does it work

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. Quadcode is a global multi-brand fintech leader, creating user-friendly fintech solutions for B2B clients since 2013. It oversees 9 innovative projects across investment, banking, and white-label brokerage, fostering innovation in cutting-edge trading platforms, neobanking, proprietary trading, education, and beyond. White Label – A White Label is a broking firm that is licensed by the bog forex brokers to operate in its own name, take up trading requests from traders and get them executed on the main broker’s platform. This way, a white label firm operates independently while utilizing the systems of the main broker.

Forex why do trades keep going against me?

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. Their trading platform, TickTrader, provides a flexible setup scheme for different trading conditions, allowing brokers to manage Forex and digital assets transactions efficiently. It offers several trading account types designed for both spot operations and margin (leverage) trading, catering to a wide range of trading strategies. The platform also offers multi-language client terminals available on Web, Windows, Mobile iOS, and Mobile Android, making it accessible to traders worldwide. In addition to providing access to the financial markets, a Forex broker can offer other asset classes, including indices, metals, and energies.

  • The application review process takes approximately 2-3 weeks, and initial funding of $10,000 must be deposited into the account, which will be applied towards the first five months of commissions.
  • The white label company earns revenue from the spreads and commissions charged to their clients.
  • This all-inclusive solution offers a ready-to-go brokerage infrastructure, allowing you to eliminate development concerns and concentrate on marketing.
  • This platform offers traders a seamless trading experience with built-in copy trading and crypto capabilities.
  • Most often, IBs are individual employees who work through the Internet from home or in offices with a small staff.
  • This way, a white label firm operates independently while utilizing the systems of the main broker.
  • In the world of forex trading, there are various options available to individuals and businesses looking to enter the market.