The more ask and bid offers are placed there, the higher chances traders get to buy and sell assets by the market price. Reliable liquidity providers connect your order book with the largest banking institutions and funds like BNP Paribas, Barclays, Goldman Sachs, etc. In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding.
There can be different scenarios of partnership, but the broker has to pay for customization and rebranding in all of them. Newer players obtain a high-quality platform effective for traders, getting an opportunity to develop their own brand. According to statistics, 90% of FX traders face losses, and the other 10% experience regular profits. Meanwhile, this market’s opportunities are always attention-magnets for millions of professional and beginner traders. If we have 2 or more reliable counterparties to obtain a stable liquidity flow for the requested instruments, they can be added to our servers. Automated import of accounts and trading history from any MT server for migration purposes.
Cloud Forex CRM
A take-profit order is a kind of limit order which indicates the exact price at which to close out an open position to make a profit. The advantage of using a take-profit order means the trader need not worry about manually executing or second-guessing a trade. Customized management rights from «full access» to «view only» as per requirements. Well balanced, tested by businesses and ready-to-use price streams for markups.
Expert Advisors, Indicators & Scripts — The many available solutions for automated trading, chart analyzing and automated actions from the MQL4/MQL5 community. Technical trading features including Market, Limit, Stop, Protection, Trailing Stop orders are available with chart analysis, indicators and scripts applicable to any trading strategy. A Market order is an order placed without a price for the purpose of hitting the Best Bid or taking the Best Offer presently available in the market. The order fills at the current best price and may partially fill at multiple price levels.
White Label Forex Provider or White Label Forex Solution — how does it work?
The given stages require sufficient experience and profound knowledge to reach success, as many newer business owners who run a brokerage company on their own face a failure at the end of their ways. Finance Magnates states that about 63% of beginner firms cannot pave the way to expected profits. FX daily trading volumes have surpassed the mark of $7 billion, while the overall market’s worth is moving towards $3 quadrillion. Unbelievable numbers that open new horizons for both traders and brokerage companies.
There is no need to spend time on the integration of a third-party platform or spend money to buy additional licenses. Partner with ThinkMarkets today to access full consulting services, promotional materials and your own budgets. We supply everything you need to create your own brand in the Forex industry. ThinkMarkets ensures high levels of client satisfaction with high client retention and conversion rates.
Technical trading features
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. Yes, companies can customize their Forex White Label Solution to meet their specific needs and requirements. This may include customization of the trading platform interface, additional trading tools, integration of advanced analytics, and multi-language support. Customization allows companies to provide a unique and tailored experience to their clients, enhancing customer satisfaction and retention.
75.2% of retail investor accounts lose money when trading CFDs with this provider. Hybrid combines elements of both A-book and B-book models, allowing brokers to choose the best approach for their business needs. Followers can access all data about managers’ trading performance, and choose a manager based on a variety of indicators. This solution is a combination of two products, each of which has gone through several stages of improvement and has been successfully tested in the market by our clients.
FAQ and More on White Label Online Trading Platform
Ask your clients to download the new trading platform structure from your website or inform them of the new IP address of the server. We offer a service for fast, high-quality migration of trading accounts, history of trading operations and open positions from any MetaTrader 4 or MetaTrader 5 server. We will provide you with the best industry WL solution so you can start your brokerage quickly and cost-effectively.
- A business owner purchases a trading platform, being not dependent on a primary broker.
- With OspreyFX, you can launch your own successful trading business with ease.
- 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.
- 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.
- MT Manager — a back-office application designed to handle trade enquiries and manage customer accounts.
- Eventually, both models have strong and weak points, and a newer broker should decide which solution corresponds with his goals better.
This is a very economical solution for easily entering the business world. White label forex is also quite similar as an established popular brokerage allows the new broker to use their platform and technology for providing trading services to their clients. The technology provider broker will keep the new broker customising the platform and brand it as their own.
Best Forex White Label Solutions To Consider 2023
Beginner brokers are charged fees (fixed price and/or fees from trading volumes). Furthermore, a brokerage company may be designed specifically for certain geographical areas, languages, etc. The more profound your previous market analysis is the higher chances for success you obtain. The FX market rooted back to the 1970-s when the American president, Richard Nixon, came off the gold standard.
Top 10 White Label Exchange Solutions in 2023 — Finextra
Top 10 White Label Exchange Solutions in 2023.
Posted: Mon, 16 Jan 2023 08:00:00 GMT [source]
