This scheme works with small volatility risks on basic fiat currencies, but has a huge volatility risk with crypto and exotic currencies. In the worst cases, a lack of technical support can mean that the broker will face fines and bankruptcy. White label solutions provide start-ups with the top-rated technical support that they need without hiring support staff, which is cost-effective and ensures high quality of service.
Their white label solutions target clients in Europe, the UK, Australia, and the Middle East. ETNA is a leading technology firm that offers a range of cutting-edge software solutions for capital markets. One of their flagship products is the ETNA Web Trading Platform, a white label solution that enables broker-dealers and fintech firms to provide their clients with a world-class trading experience. Moreover, they offer a white label mobile stock trading app that enables brokers and digital wealth management firms to launch online investing from mobile devices within days. 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?
Whether you’re a startup or an established firm in the trading and investment industry, a white label platform can be a game-changer. So, read on to discover our list of the best white label trading and investment platforms and what features to look for when choosing a provider. By providing ready-made trading platforms that can be customised and rebranded to meet specific needs, white label platforms can help businesses save time and money while rapidly entering the investing market.
It’s important for the platform to have a variety of plugins and applications compatible with it. Also, don’t hesitate to ask a platform vendor to provide a demo to test it carefully before making a final decision. Wherever you establish your business, make sure you have all information about reporting that you will be required to provide to the regulator. At TFB, we receive daily requests from potential brokers looking for information and some guidance. So we decided to create this article where we would outline the essential steps for WL brokers. Investing in the Web was founded after struggling to find and compare the hundreds of different fintechs available, as well as noticing some scams and lack of transparency in this industry.
B2Broker’s Forex liquidity solutions offer a direct and efficient way for its clients to access major Tier-1 FX liquidity venues benefiting from a deep liquidity pool, fast execution speeds, and professional support. Its liquidity solutions have been developed with a focus on high-frequency trading (HFT) systems, making them ideal for handling even the most complex trading strategies. Their Forex liquidity solutions come with competitive trading costs spreads starting from almost zero, margin requirements set at just 1% and execution speed starting from 12ms. With X Open Hub, becoming a Forex broker is easy and can be done in less than two weeks with their express start-up package, which includes a trading platform, an intuitive back office system, and access to their premier liquidity.
ETNA Trader Mobile enhances the trading experience by integrating real-time market news into mobile trading apps. Instead of trying to browse multiple websites or switching between multiple apps on your phone, clients can aggregate relevant news content in one mobile trading terminal. Convenient trading experience, smooth integration and advanced functionality are combined in ETNA Trader Mobile. Award-winning trading application features mobile account opening, customizable layout, streaming market data (Level I and II), options chain and price alerts. Trading on the go, from the palm of a hand has never been more more functional and convenient. An effective white label solution package will eliminate any obstacles to the entrance that your brokerage may have encountered during its early stages of business.
Starting a White Label brokerage FAQ
Among other advantages, the firm provides an integrated trading platform that comprises a back-office and mobile applications for iOS and Android smartphones. Additionally, users may contact a personal manager through Leverate’s customer support department
24 hours a day, seven days a week. Using tools designed specifically for brokers, it is possible to create unique solutions that are preloaded with a variety of instruments. It is possible to add more functionality to your platform, such as plugins if you so choose. Each of the MT4 and MT5
products is specifically designed to fit the particular needs of your organization. A range of liquidity solutions and market-making approaches are also available to Forex brokers, allowing them to maximize their profits.
Additionally, you can employ a hybrid business model that combines A-Booking and B-Booking to maximize the profit potential of your brokerage. In this article, we have reviewed some of the top White Label providers in the industry, offering a wide range of products and services to suit brokers of all sizes and levels of expertise. With their cutting-edge technology, personalized support, and flexible pricing plans, these providers can help you build and grow a new brokerage business while providing traders with a seamless and secure trading experience.
B2Broker does not use any extensions or non-licenced applications on its trading servers. If you want to make your mark in the Forex industry and gain a competitive edge, a White Label solution from a reputable provider is definitely the way forward. B2Broker has in-depth experience of the industry and is able to ensure the successful operation of your business, while offering your clients the widest range of financial instruments and trading. Interactive Brokers (IBKR) offers a white label program for Forex brokers, which allows them to leverage IBKR’s technology and infrastructure to create a branded trading platform for their clients. IBKR’s white label program particularly benefits Forex brokers who want to expand their offering beyond Forex and into other asset classes, such as equities, futures, and options. With IBKR’s multi-asset platform, brokers can provide their clients with access to a wide range of financial instruments, including 150 markets across 33 countries.
Key Advantages and Disadvantages of White Label Model
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. In simpler words, White Label means creating and promoting an individual brokerage brand. Instead, WL signs an agreement with the main broker to use its resources and provide White Label users access to the trading platform under another brand.
- 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.
- Furthermore, White Label solutions enable businesses to strengthen their brand and boost customer loyalty by providing a wider array of products and services.
- Their Forex liquidity solutions come with competitive trading costs spreads starting from almost zero, margin requirements set at just 1% and execution speed starting from 12ms.
- Therefore, Etrav emphasis on making travel technology reliable to all our partners in order to grow their business.
- Additionally, traders can access Forex options through the TWS platform, allowing them to trade options on currency pairs.
In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto. 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. These tools effectively address the complete range of reporting requirements for broker-dealers. We are adding and updating information about hundreds of thousands of companies every day, and periodically add companies to the queue for being updated. You can ask for a company to be added to the front of the queue for updating, especially useful if the address, directors, or other critical information has changed.
Streamline trade lifecycle, automate back office operations and compliance in one place
The “rawest” version of a product, a version that allows companies to have custom-made specifically for them to make their own and resell.How does a white label solution work when it comes to the brokerage industry? Remember that long list of things we mentioned before that you’ll need to consider when opening your own brokerage? Well, a Forex White Label solution solves all those problems for starting brokerages by providing your business with the already-established fundamentals as a “bundle” package.
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. 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. This offers the startup the tools it needs for every process including risk and money management, monitoring, client relations, and several others. One of the most significant benefits is the ability to quickly broaden the product or service range without the need for extensive research and development or extra staff. Companies can focus on their core strengths by avoiding the expenses and uncertainties of developing products.
No matter how professional and reliable a company is, your path to success is through professionalism and experience. You should also remember to do thorough research on each company, checking the economics and performance in the marketplace to select a reliable WL solutions provider. Starting your own brokerage business from scratch is a very painstaking, expensive and time consuming process that requires the investment of a large number of different resources in order to develop all its vital elements. Creating an exchange white label broker infrastructure, connecting electronic payment services, launching a matching engine for matching orders, installing a trading terminal – these are just a small part of the tasks to be solved at the start. The White Label model allows you to access a ready-made brokerage exchange infrastructure and start using it for your own purposes, which significantly saves time, money and effort. Ultimately, selecting a provider that offers transparent pricing and comprehensive services is essential to help you manage costs.
Sirix Venture provides a complete suite of back-end tools to help Forex brokers build their business. The package includes the Sirix server, Sirix broker, and Sirix trading platform, which are available for Forex, CFD, and crypto trading on the web, desktop, and mobile. X Open Hub is the institutional division of XTB SA, the parent company of the well-known broker XTB. They have formed over 100 partnerships and are dedicated to providing high-quality services to their clients. White-label brokerage platform supports over 200 assets across various sectors, including retail Forex, options, indices, ETFs, commodities, crypto, and CFDs.