AvaTrade is a leading forex and CFD broker that offers trading solutions to traders from all corners of the world. The platform is known for its easy-to-use interface, advanced trading tools, and over 250 tradeable instruments. AvaTrade is also regulated by some of the top financial authorities in the world, including Making A Cryptocurrency Wallet Online Programs the Central Bank of Ireland and the Australian Securities and Investments Commission. Additionally, they offer automated trading solutions, educational resources, and excellent customer support. Forex brokerages at the start of their journeys are always in a crunch due to tight deadlines and budgets.
Our solution is one of the most profitable in the industry, as it involves neither implementation nor maintenance fees and minimizes operational costs for the Partner. Furthermore, the White Label service enables the bank or the financial institutional to handle clients’ accounts via a single user-friendly Back Office environment. ForexChief offers not only WL terminal but strives to build up a communication channel for sharing an experience
and knowledge, looking forward to long-lasting cooperation and mutual business development.
Top 30 Forex white label companies
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. Partners can also access a mobile app for account management and real-time financial trading. Other traditional trading platforms’ expenses are too high for new brokerages from the beginning. Every year, new brokers pay over $50k for the royalty fee of the broker white label, not including the license fee for regulation and the operation fee for the firm.
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. XOH Trader platform provides brokers with a customizable and modern front-end system, including advanced charting tools, regulatory compliance, and mobile capabilities.
Products
Depending on the arrangement, the original brokerage might handle these tasks, or the new brokerage might take them on. The integration of TWS into white labeling allows Forex brokers to offer their clients a well-established and trusted trading platform with a wide range of currency pairs. 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. Additionally, traders can access Forex options through the TWS platform, allowing them to trade options on currency pairs.
Established brokerage technology and services provider offering a comprehensive suite of solutions through its SaaS trading platform, including Forex, CFDs, crypto, and advanced social trading features. Businesses can successfully access the Forex market and provide top-notch trading services to their clients by integrating the best white label trading platform solutions. To make an informed choice, it’s critical to comprehend the advantages, disadvantages, and key characteristics of these platforms. Starting a forex brokerage business is a lucrative venture in the financial industry, and one of the cost-effective ways to enter this market is by considering a forex white label solution. However, understanding the cost implications is crucial for anyone looking to take this route.
What is Forex White Labelling?
In this case, the price depends on the type of product used, i.e. its intended purpose. The price may also depend on the company itself, as better-known brands always have higher prices for their goods and services. The price of technology depends on whether a ready-made platform or a customised product tailored to the needs of the White Label Forex brokerage house is purchased. Before launching a White Label Forex business, every FX brokerage house thinks about the cost of developing such a solution, plans the appropriate budget, and analyses the feasibility of its implementation. Using the full White Label model, it’s possible to configure the spreads and commissions of customers’ transactions, manage account openings, and have third-party payment channels for customers to make deposits and withdrawals. Any White Label solution is an infrastructure ready to work under certain conditions, consisting of various dependent elements, which provide for the fulfilment of one or another function within a particular process.
- It is important to strike a balance between cost and value to ensure that you are getting the best bang for your buck.
- However, startups and medium-sized brokers just don’t have the funds for custom development.
- The platform is cloud-based, with no hosting costs, and designed for speedy and high-quality execution.
- It is an all-in-one affordable brokerage package designed to help individuals launch their fully-branded Forex/CFD/Crypto brokerage.
- No
need to enter into a separate agreement with an exchange, bank, prime
broker, or liquidity provider.
Any institution in compliance with regulation can start the process by applying for an evaluation by Dukascopy Bank to start benefiting of a unique technology. This approach is focused and geared towards building long term relationships between Dukascopy Bank and its partners. All executions take place in the SWFX – Swiss Forex Marketplace, one of the world’s largest liquidity aggregators. ThinkMarkets ensures high levels of client satisfaction with high client retention and conversion rates.
Dukascopy Wealth Management
Educational sessions – MT5 WL solution includes comprehensive education for MT Manager and Trading Platform interfaces and functionalities to help you customise your platform and meet your clients’ needs better. That’s because their WL solution of MT5 comes pre-equipped with all these features and much more. The combination of our exclusive Swiss technology and the Swiss Banking Security gives to our White Label Partners a competitive advantage. Our Trading System cumulates all characteristics to be the perfect choice for a broker or bank to satisfy clients’ needs and to achieve success in the fast growing FX business.
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. We configure all systems and offer round-the-clock support for the entire server structure. The solution included a rigorous security system with separated client and broker funds, two-factor authentication, and data encryption, ensuring the utmost safety of funds and personal information. They are the people who believed in you once, opened accounts and made deposits.
How to create a European forex broker business through Cyprus?
Collaborating with a reputable supplier with fair revenue-sharing models, transparency, and necessary tools can contribute to success in the dynamic FX trading world. Additionally, it offers a White Label Spread Betting Platform, a type of Broker White Label. To operate legally, you’ll need to obtain the necessary licenses and adhere to regulations. The cost of licensing can vary significantly depending on your jurisdiction and the type of licenses you need.
New brokerages have to share their resources; otherwise, they need to take over all the costs and risks. The white label provider (original brokerage) will provide the trading platform, often with customization options so the third party (new brokerage) can apply its branding, logo, and design elements. This includes the essential backend processes such as customer support, payment processing, and compliance.
Quadcode’s mobile client has a sleek and modern design with a multi chart layout, diverse alerts & widgets, and over a hundred free technical indicators making it an ideal platform for trading on the go. They allow businesses to promote their work using the provider’s name, offering greater control over client relationships and customisation. GLs also have lower costs compared to WLs, making them a valuable tool for businesses seeking to differentiate themselves in the FX industry.
Adjust your users to complete as many
levels as needed so that they can increase withdrawal limits/open advanced
accounts. Bring automation to the process by connecting such solutions as
SumSub or Identity Mind in order to avoid human labor in checking the
documents. The White Label model in the FX industry has gained popularity due to its ideal combination of technology, efficiency and cost, creating a great demand for solutions that work according to this scheme.
