Forex white label solutions – How to start your brokerage easily
A white label solution is a way to start your brokerage without your trading platform. But how do you start?
What exactly is forex white labelling?
White labelling can be simply explained as the best forex solution for individuals without or with small experience in the sphere of being forex brokers. It’s a practice of company A buying company B’s product and then marketing it as its own. So you will rent some offerings from the other firm’s and offer them as your own.
Why you should use forex white label for your brokerage as three steps.
Step 1. Popularity
Firstly, white labelling is gaining popularity as the best forex solution that provides high earnings for the seller and buyer. Software and platform owners sell their products for income and build their users who are likely to use only their platform.
Step 2. Easy start.
Secondly, brokers use white labelling solutions for saving on the costs of developing software and spend money instead on marketing and attracting new customers. Furthermore, running a forex white label brokerage is similar to running a regular forex brokerage. The buyer would still have an online page where to offer his services, and would be able to provide his design, commissions, and spreads. And of course, the most obvious advantage of fx white labelling is the minimization of the entry barrier to the market. You won’t have to fear putting yourself in danger of losing most of your income. It removes the risk of creating and developing your platform and entire trading operation necessities. White label forex solutions give you a fast way of entering into your online broker business journey.
Step 3. Lots of programs.
As an example, we can use two giants of white-label solutions for forex trading – FXDD and Gain Capital. Both of them advertise their white label programs on their online pages and provide many options to be a partner with them. Gain Capital then allows you to fully utilise ForexTrader PRO and MetaTrader 4 platforms. FXDD also gives opportunities to make partnerships with new brokers and funds.
What are the best forex white label solutions?
Nowadays many professional platforms can provide you with special offers for forex white label usage. But, if you go into the wild jungles of online brokers’ business you surely want to own your customers that will help build your brand. Moreover, you will aim at people who are existing traders and want to open an account with you. Here, the forex industry has standards for trading platforms and one of the most trusted is MetaTrader 4 Platform. MT4 white label trading is a proven and easy to use platform that will help you with white label solutions. With 15 years of experience, it remains the most popular and widely used forex trading platform. MT4 white label solution grants your historical data, ample free demos, guides, free charts, and charting tools. Of course, you will have to pay some fees, but for that, you get the best platform that ensures reliability and you can work hard to customize and rebrand it and make yourself stand out in order to attract customers.