Introducing Brokers vs White Label: Which option is the best one?
If your company is hosted on a shared server and you need custom tools in place, the solution here might be running applications that do not require installation on the server but only need managerial access to the platform. From the trader’s perspective, there will be no difference and no impact whether they trade with a company that owns the server or is using a White Label provider. This is why White Labelling is among the best options to dip your toe into the Forex market – 63% of beginner brokers prefer to start with WL components. White Label solutions are installed by qualified experts who are in charge of all the setups and integrations to ensure brokers everything is working as one ecosystem. The purchase of White Label components means that brokerage the business gets access to all the updates and improvements.
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. In reality, becoming an IB is a simpler and more hassle-free way to start earning commissions and delivering traffic to the main broker. As an introducing broker, you do not have to deal with technical issues or account management. Your main task is to help new clients start trading, assist them in fine-tuning their trading strategies, and get commissions for different actions.
Saxo Bank’s white-label solution covers the full value chain of trading and investment, from execution to post-trade services. They also provide daily account management and operational support through prime services and 24/7 IT maintenance to ensure that their partners can rely on the platform to be up and running without technical issues. White Label provider offering advanced Forex and crypto solutions, including MetaTrader4 and MetaTrader5, tailored for brokerages and exchange firms. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools. Taking this example further, imagine a row of canned goods at the supermarket with fancy labels.
When you become an IB broker, you’re opening the door to a world of exciting prospects and building valuable contacts. This path offers you a lucrative opportunity to establish yourself with a solid client base, connect with investment managers, and even rub shoulders with the big shots in the industry. Building your contact base is like laying the foundation for long-term success.
The platform is cloud-based, with no hosting costs, and designed for speedy and high-quality execution. X Open Hub offers ultra-fast feeds and execution through various connectivity options such as FIX 4.3, FIX 4.4, xAPI, MT4/MT5 Gateways, or Bridge Providers. Additionally, they offer clients several benefits, including $0 volume commission on OTC instruments, low effective spreads, no requotes, and deep liquidity on FX. It is regulated by FCA, KNF, CySec, IFSC, DFSA, and FSCA, and operates under a robust regulatory framework to ensure the best interest of its clients. In this article, we’ll be exploring the best white label brokers and providers, taking a closer look at their features and what makes them stand out from the competition. If you’re thinking about creating your own Forex brokerage service using a white label solution or just looking to learn more about it, this comprehensive guide is for you.
Become a Full Brokerage
The main advantage of white products is that they allow companies to enter new markets quickly and cheaply without developing their products from scratch. White-labeled products are also advantageous because they can be quickly and easily customized to meet the marketer’s needs. We firmly believe that the front-facing model enhances the customer experience significantly. This approach lets your clients best forex white label solutions directly interact with the professionals handling their marketing campaigns, thus promoting transparency, immediate feedback, and more personalized service. By adopting this method, we aim to provide high-quality, efficient service while strengthening the perceived value of your brand. Company positions itself, and indeed prefers, to act as a front-facing white label digital marketing provider.
Instead, in this context, the white labeled services are invisible to the end customer. The services appear as your own, adding value to your brand while eliminating the need to develop the services internally. The platform offers cutting-edge UI, encompassing Web, Desktop, PWA, iOS, and Android applications, enabling brokers to fulfill client needs and reach a broader audience. 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.
- These products are often the reason behind higher profitability, better broker margins, and various crisis preventions.
- In both of these models, the broker’s goal is the same – to acquire, convert and retain end-users that will trade on the primary brokers’ platform.
- 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?
There are various functions to each one and the differences between them can be indiscernible at first, but they are there. Systems such as Business Intelligence help brokers increase their revenues, cut costs, and optimize risks. These products are often the reason behind higher profitability, better broker margins, and various crisis preventions. At TFB, we have a Brokerage Business Intelligence (BBI) solution that monitors clients’ activities, notifies brokers about any abnormal behaviours, providers reporting for internal use, and regulators. Major electronics manufacturers of top-tier mobile phones and computers often put their brand names on cheaper-priced white label products to expand their offerings.
An Opportunity to Start or Expand – What is a White Label?
You set yourself apart from other brokers by building a unique brand image. Liquidity Provider is another factor that enables quality price feed and fast execution. High-speed price feed from a reliable liquidity provider can attract professionals and protect brokers from arbitrage traders at the same time. The trading platform is the basis and the most critical component of any brokerage business. The choice brokers make at this point will define how many clients they will have and the amount of money they will make. Multicurrency based margin accounts allow brokers to minimize volatile risks between clients’ equity and brokers’ equity.
In addition to the features mentioned earlier, Soft-FX’s Forex Broker Turnkey solution provides additional benefits that can aid in the successful launch of your brokerage business. The solution delivery and installation process can be completed within a quick time frame of just 2 weeks. Additionally, you can employ a hybrid business model that combines A-Booking and B-Booking to maximize the profit potential of your brokerage. Leverate is a leading white label Forex provider offering a range of innovative products and services to Forex brokers and other financial institutions. 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.
This platform offers traders a seamless trading experience with built-in copy trading and crypto capabilities. 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. In addition to providing access to the financial markets, a Forex broker can offer other asset classes, including indices, metals, and energies. To add value to clients, many Forex brokers offer client-focused services such as tutorials, bonuses, contests, and investment services like Copy Trading, PAMM/MAM, Liquidity, and IB Modules. Quadcode’s white-label brokerage platform is designed for the retail Forex, options, indices, commodities, crypto, and CFD industry. The Foreign Exchange (Forex) market is the world’s largest and most liquid financial market, with an estimated $7.5 trillion in daily trading volume.
“Opening a white label brand under an existing brokerage is a relatively quick and straightforward way to enter the Forex brokerage market”, says Mr. Pablo Schvartzman. “It gives you plenty of room to grow your brand, and it’s an excellent stepping stone to become a fully independent FX brokerage business. Obviously, the price of opening a full white label brokerage would be higher than an IB, and the procedure would require greater time and effort. Revenue and compensation models are also far more flexible in a white label arrangement, and it all depends on the details of your partnership agreement.
This includes providing the latest technology, legal aspects, even building a website as well as different types of marketing programs. You have the freedom to customise and establish your own platform according to your preferences. You get to create a unique brand image that’ll draw traders to your Forex platform, setting you on the path to building a loyal customer base. You can customise your Forex platform by choosing the colours, the logo, and even the layout to reflect your brand’s personality. Whether you want it to be sleek and professional or vibrant and exciting, it’s up to you!