Best Forex Brokers with White Label Solutions Updated 2023

Although most of the contracts provide a percentage of the turnover, most of them also include a fixed commission. The thing is that there is no guarantee that the company will be successful, because of which, the company might have to pay commission to the developer even if the business fails. Trading with White Label Forex brokers is not that different from trading with regular Forex brokers. In today’s guide, we are going to talk about all the important aspects of White Label brokers. It’s important for the platform to have a variety of plugins and applications compatible with it. Also, don’t hesitate to ask a platform vendor to provide a demo to test it carefully before making a final decision.

Factors like company size, track record, market performance, and others will come into play when building a white label affiliate business. As an IB, your income depends on the number of successful referrals you make to the broker firm. You get a reward for each referral, but it’s based on the pre-decided terms.

No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. As an IB, you’re like the middle person between the existing broker and the traders. You need to have your own brand identity or full control over your clients.

White-label solutions are appropriate for businesses seeking long-term relationships with their clientele. Most new brokerage businesses choose it, and these alliances may continue for at least two years. In this manner, every brand-new client might develop into a long-term partner. The principal broker is also responsible for reporting and administrative and regulatory obligations.

Many IBs are one-person operations, while others are much larger legal companies. First, get a license by fulfilling all the requirements in the Introducing Broker Agreement and submit it to the brokerage firm or the commission merchant. Smart Broker Solutions is an all-encompassing White Label solution provider that offers a wide range of features and advantages, including a MetaTrader 4 and MetaTrader 5 White Label License. Gain Capital is a well-established firm that has more than 18 years of experience in enabling businesses that have complementary product portfolios to expand and grow their offering. White label solutions are not only cost-effective, but they help start-ups save a lot of time that would have been dedicated to selecting, evaluating, and choosing components of the new brokerage’s future infrastructure. You hear that the person has to ask another person, then that person has to ask another person to get your answer.

In addition to these features, Leverate’s platform provides comprehensive customer relationship management, detailed analytics, customer support experts, IB management, IT support, and educational services. With LXSuite’s LXRisk, brokers can efficiently manage their risk exposure in real-time and generate customized reports to keep themselves informed about their business. The management panel displays the risk level at any given moment and allows brokers to configure their settings for different groups of traders or market conditions. To learn more about how much a forex white label costs, discover the white label trading platforms that are available for leasing, and to further explore liquidity provider options, don’t hesitate to contact us. With decades of experience in the forex & CFD trading industry, the Forex Consulting team is the ideal partner to help you successfully launch your own forex white label. The main advantage of the WL model compared to introducing brokers lies in longer partnerships.

When a future broker decides to step into the business and start their own company, often the first thing that comes to mind is White Label (WL). Going with WL makes sense financially for investment and hedge fund companies too, as WL-provider takes care of the technical side, enabling them to focus solely on the commercial side of the business. Although technically white label products may appear in any industry or sector, large retailers have done quite well with them. Companies like Whole Foods and Walmart have benefited by selling their own branded products that have been created by other manufacturers. The traditional scheme of brokerage with the use of a single margin account, based on the most popular clients’ base currency. This scheme works with small volatility risks on basic fiat currencies, but has a huge volatility risk with crypto and exotic currencies.

A white label broker is often a better solution because you have a greater stake in the action. As a white label, you’re still selling another company’s brokerage service but you’re taking more of the upside. That does mean there is little risk, but it also means the potential profits are limited. Therefore, if you want more potential, white label partnerships are a better option. B2Broker, established in 2014, is a global company that helps brokerages and exchange firms worldwide to achieve their business goals.

How Does White Label Digital Marketing Work?

Saxo Bank assists its partners with a pre-launch project management team, including design and architecture experts who can configure and implement the white-label solution. They offer both off-the-shelf solutions and tailored packages to meet specific business needs. While the cost of the white branding fee is not disclosed, it can vary depending on the level of customization required and the specific needs of the broker. To get an accurate quote for the white branding fee, you need to contact IBKR directly and discuss your specific requirements with them. The application review generally takes 2-3 weeks, and we noted that they require $10,000 to be funded into your account, which will be applied towards your first five months of commissions. A white-label broker is an established company that pays commission to the white-label provider for using its infrastructure and licenses.

• Brokers who are the first to offer innovative solutions to common pains quickly rise to market leaders.
• They simply contract with various producers that have agreed to put their products into the Kirkland packaging.
• The ability to save costs and not worry about setting up, handling, or employing extra people to their servers is a significant benefit to new brokers.
• While looking into Sirix and other competitors in the field, the important factor in choosing a platform is finding one that will make any trader feel at home.
• For instance, B2Core is the CRM solution of the new generation that manages referral programs up to 30 levels.

This means the broker has to keep more funds – close to 100% of client funds, on his margin accounts to avoid rejections for client orders due to insufficient funds. We will provide you with the best industry WL solution so you can start your brokerage quickly and cost-effectively. Introducing Broker – An Introducing Broker is an individual or entity who works on behalf of the forex broker and manages a specific group of traders who are affiliated to him. The IBs work with both the main broker and the traders on a shared commission basis.

Tips for selecting the ideal jurisdiction for incorporating your forex business

However, the monthly fees can vary depending on the services requested and the level of customization needed to offer the desired services to clients. Advisors can easily access white branding through the Advisor portal and configure the settings to fit their needs. Interactive Brokers offers comprehensive instructions on how to set up white branding on their website, as well as a dedicated team available for further information about the program. The IBKR white branding process usually takes no more than two hours, except for statements, which may take up to 24 hours.

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If the company that uses your platform becomes very successful, more people learn about the software that you have developed. You can also see how people react to the services of your platform and use this information to further develop it. What a white label affiliation can do that other partnership programs cannot, is it allows an affiliate to create their own label. They can sell goods or services from their own website and benefit from all the traffic that comes with it.

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. Sirix best forex white label solutions Social empowers traders with an integrated copy trading feature, and Sirix Crypto allows brokers to add crypto CFDs to their offering. 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.