Best White Label Forex Brokers & Providers 2023

The white label service includes detailed documentation for each feature and transparent pricing, with a one-time setup fee of $5,000 and a monthly support fee of $2,000. However, the monthly fees vary depending on the services requested and the level of customization needed to offer the desired services to clients. Beginners who are preparing to launch a brokerage business want a formidable ally on whom they can depend. In addition to WL trading platforms, liquidity, turnkey broker solutions, and other advanced possibilities, B2Broker also provides a variety of additional services to newbies in the financial industry. The fact that a business has 450 institutional customers and 18 cutting-edge products demonstrates that it is on the right track.

It also offers an advanced toolset, including Stop Loss/Take Profit, Pending Order, Trailing Stop, portfolio management & technical analysis tools. 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. Additionally, if you want to give brokerage services to your clients in person, you may invest in a physical site.

Customer Incentives – What do You Have to Offer?

The platform is equipped with advanced technical tools such as templates, overlay charts, personalized chart views, detached and floated charts. The branded platforms are available on both the web and mobile, with advanced branding possibilities enabling their partners to start a new line of business immediately. IBKR offers free client relationship management tools, full white branding and custom website creation services, flexible client management, and reliable client onboarding processes. Brokers can also manage user access rights and implement flexible fee structures, automate fee administration, and provide dynamic fee management with electronic invoicing.

Additionally, they offer clients several benefits, including $0 volume commission on OTC instruments, low effective spreads, no requotes, and deep liquidity on FX. It is regulated by FCA, KNF, CySec, IFSC, DFSA, and FSCA, and operates under a robust regulatory framework to ensure the best interest of its clients. White Label provider offering advanced Forex and crypto solutions, including MetaTrader4 and MetaTrader5, tailored for brokerages and exchange firms.

• Additionally, you will have access to 24/7 account manager support to assist you with any queries or concerns.
• Here the forex broker himself is a counterparty for his clients and executes client trades at real quotes received from banks and liquidity providers.
• In addition to the desktop trading platform, X Open Hub offers a mobile app called XOH Mobile that offers complete account management, graphs, and other vital tools required for real-time financial trading.
• Trading with White Label Forex brokers is not that different from trading with regular Forex brokers.
• Nevertheless, even if you incorporate in a country with lax Forex statutes, you might still fall under the scrutiny of their regulators if the office where you meet clients is in that same country.

If you follow the tried-and-true advice in this guide, your chances of succeeding as a white label business will increase exponentially. Take advantage of our many years of experience helping a great number of FX businesses succeed. We’ll start by discussing your ideas and objectives and let you know if they make sense as they are or should be modified to help you save money, time and headaches. Their clients know that their account funds are in the hands of a well-known and regulated firm. A full white label client, on the other hand, knows that they are sending their funds directly to a broker without a long track record behind it.

In this case, brokers will work with the same amount of capital as their clients, without risking volatility for each currency. One of the most significant benefits is the ability to quickly broaden the product or service range without the need for extensive research and development or extra staff. Companies can focus on their core strengths by avoiding the expenses and uncertainties of developing products. Furthermore, White Label solutions enable businesses to strengthen their brand and boost customer loyalty by providing a wider array of products and services. In addition to the trading platform, Sirix Broker provides a back-office solution that allows brokers to segment their traders into groups and adjust their trading conditions according to their needs. Brokers can also control what traders see, view their activity on a rich dashboard with real-time reporting, and engage traders with notifications.

Offer of the month

This is an area where we recommend that you invest time and money to get it done right. Whether it’s education, helpful tools, or anything else that your clients will appreciate, focus on offering your customers value. For a more specific list of high-probability candidates, you can access the this section of our website. In our “IB Guide,” we also provide a detailed list of businesses that are well-positioned to succeed in the IB space. If you plan on having a physical location to meet or train clients, you need to factor in office leasing costs, occupational/licensing fees, security expenses, etc. Depending on your geographical location, this can add a few thousand dollars a month to your list of business expenses.

Some of these ways include affiliation, affiliate networks, email marketing, social media marketing, and more. Luckily, if your starting brokerage is not well-equipped with marketing tools or knowledge in the field, a good white label forex broker provider will come equipped with affiliation solutions to help stream potential clients to your brokerage. Leverate’s Sirix Venture brokerage solution will help your brokerage generate leads at your capacity. Saxo Bank offers a range of services for white labeling, including client management, execution and trading, post-trade services, and a scalable platform for financial institutions.

The estimated costs of starting your own white label forex company can vary from $10,000 USD to $25,000 USD, depending on the extent of the services required of each individual brokerage company. Bear in mind that these costs are directly related to the type of services involved and can differ from service to service. Sirix trading platform offers a user-friendly interface with one-click execution and advanced charting. It can be customized with a broker’s own logo and design scheme to maintain a consistent brand identity. The platform also includes a visually effective dashboard that provides comprehensive information about traders’ accounts. The front-end office system offers superior trade execution, a fully customizable interface, advanced charting tools, a strong regulatory framework, built-in economics news, heat maps, market sentiment, and full open front-end access through xAPI.

The one-time setup fee for the service is $5,000, and the monthly support fee is $2,000. However, the monthly fees can vary depending on the services requested and the level of customization needed to offer the desired services to clients. In addition to the desktop trading platform, X Open Hub offers a mobile app called XOH Mobile that offers complete account management, graphs, and other vital tools required for real-time financial trading. For instance, do you think that Tradestation, the popular online brokerage, developed its own trading platform? Tradestation focuses on building its brand and attracting new clients, while Interactive Brokers handles the technical aspects of the platform.

If they live in the United States, you will also fall under the aforementioned NFA/CFTC umbrella. Consequently, if you opt for the typically wiser solution of establishing your FX business outside of fx white label solution the US, you will need to forgo US-based clients altogether. You would not expect to become a successful brain surgeon without first going to medical school and practicing on a lot of animals, right?

It is an all-in-one affordable brokerage package designed to help individuals launch their fully-branded Forex/CFD/Crypto brokerage. With SmartStart, Leverate provides a comprehensive solution that includes all the necessary tools and resources to build a successful brokerage from the ground up. Additionally, B2Broker offers a multicurrency-denominated margin account to minimize volatile risks between clients’ equity and brokers’ equity, allowing client accounts in different currencies to be connected to one margin account. X Open Hub is a division of XTB SA that offers white-label solutions for brokers, startups, and banks. They have over 12 years of experience, a team of over 250 IT professionals, and have built over 100 partnerships to deliver top-notch services to their customers.

White Label SM TRADE & VERTEX it is an excellent solution for IBs and local brokers which includes many features of the trading platforms. The company may integrate payment providers, CRMs, and other components, but the turnkey solution doesn’t include them. A newcomer business owner gets a turnkey solution, skipping all the development stages.