Integrating the trading platforms, trading calculators for determining trading values and other systems for payment processing will require additional funds. Leverate, an established technology provider in the brokerage industry, has been delivering innovative solutions for Forex, CFD, and crypto brokers since its founding in 2008. While their flagship product is LXSuite, an all-in-one platform encompassing web and mobile trading, CRM, and other tools, Leverate stands out among the few providers offering MT5 white label solutions.

cons of White Label brokers

Summing up, the major disadvantages of a white label solution such as lack of control and dependence can be overcome to some extent. The partnership lets you expand your business or launch your new customisable Forex and CFD trading platform in just two weeks. As such, you only focus on attracting new users while leaving infrastructure and back-office operations to Admirals’ expertise. The other is to get turnkey software in the form of a cloud-based (SaaS) white-label trading platform. SmartStart also includes Leverate’s CRM system, which is tailored to the needs of brokers and provides top-level security. The package also comes with dedicated support from a professional success manager who guides you through the process of launching and growing your brokerage.

Meanwhile, this market’s opportunities are always attention-magnets for millions of professional and beginner traders. However, this problem can be partly solved by using technological solutions that don’t require installation on the server and only need managerial access to the platform. By considering these factors, you can choose an MT5 provider that will help you run your brokerage firm more efficiently. It is not directed to Retail Clients or residents of any jurisdiction where FX, CFDs and/or Digital Assets trading is restricted or prohibited by local laws or regulations.

cons of White Label brokers

The platform is suitable for both new and experienced traders looking to start their own forex brokerage or enhance their existing one with cutting-edge technology. B2Broker is a technology and liquidity provider for the forex and crypto industry, offering turnkey solutions for brokers, start-up exchanges, and platforms. With its White Label package, B2Broker enables brokers to offer their clients a customizable and feature-rich trading experience. B2Broker’s robust infrastructure ensures low-latency execution, high-level security, and advanced reporting features to provide a seamless user experience.

cons of White Label brokers

The bank’s clients traded an average daily volume (ADV) of $4.5 billion, up 9.8% from the previous month, but was down 12% year-over-year from $5.1 billion in April 2023. On the one hand, B2Broker offers  Forex White Label solutions at reasonable prices, while on the other hand suggested conditions are beneficial and transparent for newcomer brokers. An experienced broker already has previous experience in the brokerage world, knows key terms and mechanisms, and is aware of what is required to start a business. Forex broker world is highly competitive, so if you do not offer a convenient portal for your traders to deposit money and perform other admin tasks, they will most likely prefer your competitors. Every brokerage company requires a back office to manage deposits, withdrawals, client accounts, bonus programs, commissions, and more.

  • White Labels are generally safe, but if you want to be extra diligent with your setup, there is a way around it.
  • The license provider takes on the responsibility of managing the infrastructure, ensuring connectivity, and establishing agreements with liquidity providers.
  • Reliable liquidity providers connect your order book with the largest banking institutions and funds like BNP Paribas, Barclays, Goldman Sachs, etc.
  • Glance over the reviews and brief characteristics of a primary broker to understand whether it is worth dealing with or not.

“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. The white label broker also does not facilitate trading orders – all execution is made by the primary broker.

cons of White Label brokers

So we decided to create this article where we would outline the essential steps for WL brokers. On top of that, your primary broker is also in charge of reporting, and all other administrative and regulatory procedures. Joining an IB program and becoming an Introducing Broker is very easy as there are no strict requirements. It is easier to get started and you don’t have to invest a lot to function as an IB, unlike a regular broker. Eventually, both models have strong and weak points, and a newer broker should decide which solution corresponds with his (her) goals better. Rolling Spot FX and CFD accounts are provided by GC Exchange Limited, Digital Asset Spot and Foreign Exchange Services are provided by GC Exchange A/S.

FX, CFDs and Digital Assets are leveraged products that can result in losses exceeding your deposit. Trading of these products and digital assets carry a high level of risk and may not be suitable for everyone. Before deciding to trade, you should carefully consider your objectives, financial situation, level of experience and risk appetite. As we’ve already said, the market doesn’t suffer from a lack of white-label solutions. Brokers are free to do their research and find the right platform that fits their budget and standards. A white-label trading platform works wonders for such a case because, again, it’s affordable and quick in terms of delivery.

Admirals is a global Forex and CFD broker that offers the MT5 white label solution with customisable spreads, low-latency execution, flexible risk tools, and several business models. Some brokers have custom solutions that are often down due to maintenance issues. They choose to get a white-label solution because it’s an affordable business continuity solution. Whenever their main trading platforms are down, they just reroute all their clients to a backup white-label trading platform hooked to the trading servers with all client data. It’s also worth mentioning that providers of white-label platforms are always in fierce competition so they strive to equip their solutions with the most advanced trading tools and features. A “white label” refers to a product or service that is produced by one company but rebranded by another company to make it appear as if they made it.

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. White label brokerages also offer access to advanced trading technology and tools. These brokerages usually provide a robust trading platform with a wide range of features and functionalities.

A professional broker has been operating on the market for multiple years and knows everything about the brokerage business. Such a broker has all the instruments he needs and now requires additional products to elevate his company to the next level. Running a business in regulated countries requires an expensive license, more funds, and every formality usually takes more time.

Founded in 2014, Tickmill has quickly established a reputation as a reliable and transparent provider of technology-focused trading products. The platform offers access to various markets with competitive spreads, speedy executions, and advanced tools for technical analysis. Tickmill’s white label solution grants brokers the flexibility to customize the platform according to their clients’ needs.

For instance, if you want to offer swap-free accounts for Muslims, you need to find a halal forex broker offering Islamic accounts that are used by Muslim traders to comply with the religious rules. Match-Trade Technologies offers MT5 white label trading platforms in three packages, integrating a Client Office/CRM system. They also help with legal and regulatory requirements for Forex or crypto entities in Europe, Asia, or Africa. While there are many white label solutions available in the market, one aspect that potential brokers should consider is the cost. Low-cost white label solutions are particularly appealing to those who are just starting out or have a limited budget.

Now that you have a basic idea of the white label forex solution industry, you can move on to selecting the provider that best suits your needs and preferences. In this section, we’ll lay out some tips regarding what to look for in a white label forex solution. This all-inclusive solution offers a ready-to-go brokerage infrastructure, allowing you to eliminate development concerns and concentrate on marketing. This means that to meet the current market demands, new brokers must offer crypto trading.