White Label Trading Platform
There are many “go-to” traditional platforms that can be implemented in your white label solution. However, bear in mind that these benchmark platforms may not be progressing as quickly as forex traders are. Many traders are looking for user-friendly and highly intuitive platforms with Social Trading capabilities, chart interaction and analysis, and fast and efficient order placement capabilities to keep up with the fast-paced moving markets.
We configure all systems and offer round-the-clock support for the entire server structure. Among others, Quadcode received the 2023 UF AWARD for the Best All-in-One Brokerage Solution for its excellence in the fintech industry. When you’re ready to give your own Forex brand a go or if have any questions before getting started, just complete our short form below. When you read the three main reasons why you should hold off on becoming a white label below, think about your current situation.
So this time I decided to use Book my forex services and it was flawless. I would recommend Book my forex for fees transfers to foreign universities and all forex requirements. B2Broker’s Forex instruments include 80 currency pairs, 12 CFDs on indices, and 13 metal instruments.
You can use any currency as the base currency for your accounts, up to 2 decimal positions supported for fiat currencies, and many more for digital assets. The white branding fee for IBKR is not disclosed and can vary depending on the level of customization needed and the broker’s specific requirements. To obtain an accurate quote, it is necessary to contact IBKR directly and discuss the requirements. The application review process takes approximately 2-3 weeks, and initial funding of $10,000 must be deposited into the account, which will be applied towards the first five months of commissions. Since timing in business is crucial, it would be wise for you to heed the above advice and wait for the right moment to start your own brokerage brand.
In this case, brokers will work with the same amount of capital as their clients, without risking volatility for each currency. Our forex card offers a convenient and hassle-free way to manage your forex needs. With access to the latest interbank rates, paperless and digitized booking, and same-day doorstep delivery, you can start using your card in no time. Plus, with global acceptance and easy management through our app, it’s the perfect choice for anyone on the go.
HFM focuses on offering bespoke services for every client that are specifically designed to meet each different need and objective. It may be hard to imagine, but many top-rated forex brokerage firms initially started as white labels. The reason is very simple, and it lies within the fact that when starting a forex brokerage from the ground up, it can be a very complex venture that involves a lot of financial, legal, and technical complications.
While BookMyForex’s charges are based on live and current Dollar rate in Chennai, other currency exchangers base their charges on ‘daily rates’ or “today’s forex rate in Chennai” which are much higher. Forex cards too are a convenient and secure way to carry foreign exchange while traveling. You can load the card with the desired amount of foreign currency and use it like a debit card at ATMs or for making purchases.
Getting a white-label forex trading platform is the best choice they can make (and well-established brokers might find it a better option too!). Multicurrency based margin accounts allow brokers to minimize volatile risks between clients’ equity and brokers’ equity. Margin accounts can be denominated in any currency from the B2Broker liquidity, including cryptocurrencies.
- 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.
- Depending on the country where you form the entity you plan to use to run your white label business, you might also have to register or get licensed there.
- The pricing calculator considers important factors such as the required liquidity, chosen software modules, and additional services required.
- With white label solutions, brokers pay monthly or annual subscriptions which are a fraction of the cost of licenses.
Forex cards offer competitive exchange rates and are a great way to keep track of your expenses while traveling. I have availed the services of BookMyForex three to four times for foreign currency remittance to my daughters in the US. BookMyForex’s customer support team has gone the extra mile, whether it be sending the A2 form to the channel partner bank or sharing the required documents with the channel partner to expedite the process. A complete solution that will allow you to launch a brokerage business with the access of a White Label trading platform at a low cost. MetaQuotes is a brokerage software provider that has been operational for more than 20 years. During this time, MetaQuotes has built a great reputation as an innovating and trusted Forex Solutions Provider.
When it’s time to send the money to fund their trading accounts, they’re going to know. However, if your objective is to appear as a full-blown broker and not let your customers know who the actual brokerage firm behind the platform is, this arrangement becomes very disadvantageous. To achieve anonymity between your clients and the platform provider, you need to accept deposits yourself.
Simply fill out our IB form and provide us with some information so we can get you onto the next step. Each while label is therefore tailor-made for partners, offering them the best opportunity to not only maximize their earning potential but providing them with an ideal environment to do so. A deep pool of institutional liquidity will satisfy even the most sophisticated traders you serve.
White labeling with IBKR allows brokers to offer their clients competitive pricing on FX trading by leveraging IBKR’s deep liquidity pool and advanced technology. Brokers can also benefit from IBKR’s transparent pricing model and the ability to access interbank spreads without markups, which can be especially attractive to professional traders and institutions. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools. 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.
Their trading platform, TickTrader, provides a flexible setup scheme for different trading conditions, allowing brokers to manage Forex and digital assets transactions efficiently. It offers several trading account types designed for both spot operations and margin (leverage) trading, catering to a wide range of trading strategies. The platform also offers multi-language client terminals available on Web, Windows, Mobile iOS, and Mobile Android, making it accessible to traders worldwide.