White label-Forex Partnership Program
In fact, the entire success of your business as a private label is piggybacked on the quality and reliability of the broker that you choose. GO Markets’ partners will benefit from a wealth of knowledge in both the markets and client requirements, be given access to leading trading technology including the MetaTrader 4 client terminal and manager systems which will translate into a successful forex trading provider. This website contains detailed information on crypto currencies, forex, contracts for difference (CFDs), stocks, commodities and indices. Additionally, you will find information on various brokers, global markets and exchanges, and investment firms. All financial instruments are fraught with risks and must be understood well before an investor starts trading.
Not many know or realize that even several current top-tier forex brokers, have actually started out as white labels and gradually built their way towards the completely independent operation of their firms. This is natural because a white-label solution makes it easier to enter the market and once a brand is established, it can then further consolidate its position and undertake all steps in the process. In fact, running a white-label brokerage does not differ much from running a regular forex brokerage. You will still have a website through which to offer your services, you will be using a trading platform and you will be able to set your own spreads and commissions. And exactly because as a white label you will be earning income from each trade placed by your clients, the higher the trading volume you attract, the higher your revenue will be. Your actual white label partnership agreement will contain provisions setting out the revenue and compensation model applied in your case, and most white label providers adopt a quite flexible approach on this matter, offering a variety of options for you to choose from.
Just because you have the money to brand your own FX platform and start a private label business doesn’t mean you’ll become an instant success (or ever succeed for that matter). This is a fact, despite what certain unscrupulous brokerage firms in the industry would like you to believe. A Forex White Label business enters into a partnership agreement with an existing FX brokerage firm to receive access to the broker’s trading platform and liquidity, but under the unique brand of the white label affiliate. Our White Label solutions are designed specifically for the banks, merchant bank, financial institutions and consultancy firms from around the globe. We focus on providing a personalized service for each client to meet their particular needs. Every white label is specially made for our partners to offer them the best prospect to increase their earning possible.
You are invited to use all the available Forex-related technologies that are designed and tested within FXOpen. The information displayed through the IC Social application is not intended for any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. All the above-described models have their own pros and cons, depending on the goals and objectives of white-label brokers. If, for whatever reason, you are not in the ideal situation to start a private fx white label solution label at the present time, isn’t it better to work first on correcting whatever deficiencies are causing you to be in that state, then revisit your plans when you are properly equipped? GO Markets can either create an all inclusive solution including a bridge and liquidity to an existing MetaTrader network, or can create a new White Label solution via our existing global server network. Becoming a GO Markets’ White Label partner is a quick and simple way to take your trading company to the next level.
- And you will need to keep finding ways to portray your own brokerage in the eyes of customers as the one that has an edge over the rest.
- Also, WL is a reasonable solution for large
institutional brands aiming to outsource part of their business processes.
- In addition to overcoming the challenge of setting up credit card processing or alternative funding solutions for their traders, full white labels will also have to overcome the additional hurdle of getting clients to trust a relatively new company with their money.
The white label partner should also provide educational resources, including trading guides, webinars, and market analysis, to help clients make informed trading decisions. The first step in applying for a forex white label is to choose the forex broker and white label partner. The forex broker should have a good reputation, regulatory compliance, reliable trading platform, competitive spreads, and quality customer support. The white label partner should have a strong brand, marketing expertise, and a good track record of client acquisition and retention. IBs who move forward with the white label option will be able to offer their customers the most superior platform in the FX market, MetaTrader 4 (MT4).
Who are the perfect candidates to run a white label business in FX?
On the downside, resorting to a white label solution provider lessens your independence and room to maneuver, as it also makes you dependent on your solution provider, who is also the owner or the platform through which your brokerage operates. When simply renting part of someone else’s server this will mean you cannot configure every to suit you, add plugins or add-ons as you wish or have access to the overall security of the system, as this is controlled by the solution provider. The white-label provider allows a new brokerage company to enter the international financial market under its own brand or to expand the range of provided services for the account of a prime broker. The solution provider could be a developer as well as an agent between the developer and brokers. This solution allows the affiliated company to build and strengthen its brand in the realm of currency trading while minimizing the huge costs and legalities that accompany the launch of a full blown, licensed brokerage firm from scratch. Free Forex provides general advice that does not take into account your personal objectives, financial situation or needs.
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. This image developing or branding begins with the creation of your logos and graphic files required for submission to MetaQuotes for the customization of your trading platform. These images must not only be in a specific graphical format, but they will also be in the face of all your clients, as they trade off your platform on a daily basis. That is why it is important that they make your company look like the quality operation it is.
With an advanced charting package, sophisticated back office support, mobile access, and advanced automation tools, MT4 clearly becomes the best choice for any organization wishing to maximize their level of success and popularity of their brand in the FX market over time. A highly lucrative market that holds the promise of significant financial gains is usually the main rationale in the mind of those who seek to enter this market and set up a forex brokerage and to reading this you probably are one of them. However, besides dreaming of the money you could be making, you should first and foremost be aware that the forex brokerage business is not a walk in the playground or a lazy sail on calm waters. Rather, it is an endeavor that should be undertaken with caution, following a phase of careful forward planning.
Setting up a Forex Brokerage from Scratch
Information posted on the IC Social portal can only act as input to the process. The IC Markets liquidity solution is ideal for institutional and high volume clients looking to access market leading spread at affordable prices. Organizations who want to promote or build their own brand in the Forex industry need a white label platform. Current market conditions are extremely favorable for starting a brokerage business in the field of cryptocurrency exchange. Being a step down compared to a white label broker, by being an IB you will not be working with your own clients, but be referring them instead, so the extent of your control is more limited, but this is not necessarily always a bad thing. The Approximate costs of Starting your own white label Forex Company can vary from $15,000 to $25,000 USD which is much more affordable compared with the costs of a total ownership plan of a Forex brokerage that vary from $50,000 to $500,000 USD.
Financial institutions looking to expand their online trading will be able to tailor the white label setup based on their requirements and choices. I found that they offer excellent trading conditions and my students have great opportunity to start their trading experience using it. As my educational center grows bigger every year and I have over 200 students monthly PaxForex offers me MIB status.
When you read the three main reasons why you should hold off on becoming a white label below, think about your current situation. If any of these three apply to you, delay your launch date and focus on your problem areas. Even though the ideal solution for you will depend on your specific objectives, each option comes with its set of advantages and disadvantages. Get $25,000 of virtual funds and prove your skills in real market conditions.
TRADEVIEW regrets any inconvenience this may cause and thanks you for your interest in our products and services. Upon registering an account with Raw Trading Ltd, you acknowledge that you are registering at your own free will, without solicitation on behalf of Raw Trading Ltd. For more information, complete the form below and our institutional account manager will be in touch shortly. Clients leverage off IC Markets’ existing liquidity, technology and banking relationships with the benefit of dealing with one counterparty and receiving market leading pricing at a competitive volume based fee.
We offer high commissions and multilevel partnership to partners who attracts a lot of Forex leads. Raw Trading Ltd does not endorse any of the material contained in Chats or Chat groups. Such material should not be regarded by you as investment advice, a personal recommendation, an incentive, or an inducement to trade. You should undertake your own independent research and investment decision as to whether a trading strategy, style, portfolio is appropriate for you.