A brokerage company maintains its partners, helping fix problems and find the most beneficial solution at every stage. Newer players obtain a high-quality platform effective for traders, getting an opportunity to develop their own brand. As such, the required capital for starting a brokerage firm may equal $ , while the exact budget depends on a list of stages that demand thorough calculation.

This is not easy and to have any chance in overcoming this hurdle, you need to ensure that you make available as many different deposit and withdrawal methods as possible. Our professional marketers and graphic designers can help you in this process if necessary, which includes logo development, customization of MT4 images, social media artwork, etc. If you require extensive services, such as website creation, ongoing social media marketing, etc., we can also refer you to trusted organizations that we know and trust. 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. While talking about goals and objectives, this brokerage solution matches the definition of “cheap and cheerful.” UpTrader makes it easy to enter the market – the implementation procedure duration starts from 5 days.

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Brokers can also control what traders see, view their activity on a rich dashboard with real-time reporting, and engage traders with notifications. Sirix 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. The platform also includes a visually effective dashboard that provides comprehensive information about traders’ accounts.

  • 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.
  • The FX market rooted back to the 1970-s when the American president, Richard Nixon, came off the gold standard.
  • Interactive Brokers (IBKR) provides a valuable opportunity to brokers and professional advisors with its white branding program, where they can establish their brand identity while utilizing powerful tools and resources.
  • These case studies are available online and offer insight into how Saxo Bank has helped its clients with their specific needs.
  • Whether you’re looking for information or references, or want to learn more about white label brokerage, keep reading to find out more.
  • Using an automated trading platform like MT4 or MT5 may dramatically reduce a new brokerage’s start-up costs.

The bank’s white-label offering is known as Saxo Markets, which provides a turnkey solution for businesses looking to offer trading and investment services under their brand. Currently, they serve over 120 banks and brokers and 300+ financial intermediaries. On the other hand, the partial white label option and not taking deposits ruins the anonymity factor all around. Your customer data and details are not entirely between them and you, but the licensed, primary broker gets full access to all such information. Even worse, your customers, whom you lured under your own private label brokerage, will suddenly know that there is actually another company behind you, that you are depending on others to operate, and may lose confidence and see you as a mere façade. If your long-term goal is consolidating your position in the market and you aspire to grow and become a truly independent brokerage one day, then it is perhaps wiser to protect your brand and leave the solution provider anonymous in the eyes of your own customers.

Setting up a brokerage with us is hassle-free and cost effective

In the typical white labeling arrangement, the lessee’s customers do not have a contractual relationship with, and in fact may be unaware of, the firm that owns and operates the platform. For regulatory purposes, the lessee is the counterparty to the customer’s trades and the corresponding transactions with the lessor are separate transactions between the lessee and the lessor to hedge the lessee’s customer obligations”. The trading of currencies can be traced back into antiquity, but though historic it does not show any signs of fatigue. And as those ready, willing, and able to trade forex increase, correspondingly so are those who enter the market on the providers’ side, i.e. the firms/brokerages through which online forex trading transactions take place.

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. 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.

All this requires substantial time as well as human and technical resources, which can prove expensive. Haywood Financial Technology offers robust electronic trading and trade management solutions and a comprehensive suite of financial software products to trade multiple assets on multi-destinations globally. As well as buying a trading server, you would need to hire at least 10 specialists to service them and handle other aspects including hosting, plug-ins, infrastructure, liquidity providers and round-the-clock technical support in several languages.

Access the global market and build out operations with a unique combination of powerful technology and modular components.

A more viable option that allows smoother entry to the market is via a white label brokerage solution, be it partial, that is simpler, or full that will enable you to also accept customer deposits and allow you full power and control over your own clients. Bear in mind that there are ready-made complete turnkey solutions from reliable providers that will make it even easier for you to start your forex brokerage. However, irrespective of how good partners you find, success is still not guaranteed and none says the ride will not be bumpy or that you will not need to work hard, try harder and invest both in money, but also in time and effort. If a forex white label is not for you, you can always consider the option of becoming an introducing broker and gradually work your way up the forex business ladder if you so wish. Not many know or realize that even several current top-tier forex brokers, have actually started out as white labels and gradually built their way towards the completely independent operation of their firms.

This said you need to take your WL provider’s and your own business’s location into account. Experts recommend selecting jurisdictions that are reliable enough on the one hand and guarantee softer conditions from the viewpoint of the legislature. A broker who accepts a deposit of 10 Bitcoins from a client would have to keep a margin account balance of 50,000 USD to cover the client’s equity at the current rate of $5,000 per Bitcoin. Using the current exchange rate of 7,000 USD per BTC, the broker would earn 7,000 USD if the client made a profit of 1 BTC.

According to margin accounts denominated in the same base currency, the aforementioned example shows full diversification for the base currencies of client groups. Brokers and customers alike will be able to work with the same amount of capital without worrying about the volatility of different currencies. You can count on this evaluation to help you go through all of your alternatives when it comes to finding a forex white label provider with the expertise and experience needed to make an informed decision.

White Label brokerage is a business model in which a company uses the services of a third-party brokerage firm to provide trading and investing services to their clients while maintaining their branding. The third-party brokerage firm offers the technology and services, while the company utilizing the service is responsible for modifying and rebranding the platform as its own. A highly lucrative market that holds the promise of significant financial gains is usually fx white label solution the main rationale in the mind of those who seek to enter this market and set up a forex brokerage and to reading this you probably are one of them. However, besides dreaming of the money you could be making, you should first and foremost be aware that the forex brokerage business is not a walk in the playground or a lazy sail on calm waters. Rather, it is an endeavor that should be undertaken with caution, following a phase of careful forward planning.

FX daily trading volumes have surpassed the mark of $7 billion, while the overall market’s worth is moving towards $3 quadrillion. Unbelievable numbers that open new horizons for both traders and brokerage companies. Among other advantages, the firm provides an integrated trading platform that comprises a back-office and mobile applications for iOS and Android smartphones.