In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto. The concept of white labeling comes with numerous considerations, both positive and negative. The package also includes payment solutions, such as a broad ecn forex brokers network of global PSPs, additional payment solutions, and a CRM system. Brokers can also benefit from tailor-made website-building services with a talented team of developers and designers at their disposal. Brokers must understand that brokerage regulation is determined by the country in which they are located.
- B2Broker is an international company founded in 2014 that assists brokerages and exchange firms in achieving their business objectives.
- It takes about 2 years for newcomer brokerage firms starting with White Label solutions to become independent brokers; this is why every new client is about to become a long partner.
- Among the advantages that Sirix has to offer both brokers and traders, an additional element that the Sirix trader brings to brokers is the option for brokers to add their own logo and design scheme for a consistent brand identity.
- Companies like Whole Foods and Walmart have benefited by selling their own branded products that have been created by other manufacturers.
Forex White Label providers make it possible for companies to offer retail traders services a lot easier than they would be able to if they started their own business from the scratch. Franchise white label solutions bring IX Prime more to the fore than own-brand options. You become part of a large network of franchisees and use all the standard options offered by IX Prime. The main advantage of the WL model compared to introducing brokers lies in longer partnerships. It takes about 2 years for newcomer brokerage firms starting with White Label solutions to become independent brokers; this is why every new client is about to become a long partner. Both private traders and corporate clients (companies) are able to perform the role of an introducing broker, while their main goal lies in working with top-rated traders, money managers, financial advisors, financial websites, etc.
This option offers traders less resistance and will allow them to enter the market with fewer risks. White you will not be working with your own clients with this solution, you will be referring them instead. So, if you are thinking about foraying into the forex trading industry as a broker, you can think about establishing your own forex trading platform and brokerage firm. This is a very complex process and it is safeguarded by so many rules and regulations of different countries. Also, you need to have huge working capital to be able to provide broking services to numerous traders.
In summary, choosing the right White Label provider is essential for the success of any brokerage. By partnering with a reputable and reliable provider, brokers can leverage the provider’s expertise, technology, and resources to quickly establish a competitive market presence. Clients of Quadcode benefit from well-established https://www.xcritical.in/ collaborations with numerous liquidity providers, ensuring complete pricing transparency. They need to make a singular payment for the all-encompassing turnkey brokerage solution. Clients gain access to the traderoom and an easy-to-use back office, leaving them to focus solely on customer acquisition and user support.
In this case, brokers will work with the same amount of capital as their clients, without risking volatility for each currency. If you have a brokerage that is just starting, white labelling can provide you with the resources and support that you need until our business is self-sufficient to handle everything. New brokerages that choose white label packages receive a key to a comprehensive and feasible business solution for a monthly/annual fee.
If you’re going for a solution that includes trading platform access and technology, prices will reduce significantly. Your financial budgeting is individual, set to change, and should be negotiated with the company you’re set on working with. 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.
This entire experience happens under your brand name and you can start selling the new services right away! Before meeting with the prospect, we will provide you with a proposal and contract templates to close the deal. Once they sign off on the contract to move forward, you can be as involved or uninvolved as you wish. Our goal is to lift our partners to fulfill more of the CEO role while we take care of the day-to-day management of clients. Quadcode offers a readily available and customizable trading solution for brokerage firms and financial institutions, enabling them to easily establish their trading platform and brokerage activities.
White label solutions are widely used in different industries, including finance, technology, and marketing. 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 back-office system, xManager, allows partners to create new clients, execute deposits and withdrawals, observe the live trading activity of clients, and view overall portfolio performance.
B2Broker’s extensive client base has served over 500 customers, including 298 corporate clients, 170 professional clients, and 32 institutional clients. With a team of more than 380 employees, B2Broker provides top-quality solutions to meet its client’s needs. 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. The platform offers various order types, from simple trader orders to sophisticated conditional orders.
Including comprehensive market news and analysis from reputable sources, such as Morningstar and Reuters, further enhance the trading experience. Interactive Brokers is widely recognised as one of the leading online brokerage firms, and its white label offering further solidifies its position as a top choice for trading and investment solutions. This includes the Trader Workstation (TWS) platform, one of the best trading platforms, Client Portal, a registration system, statements, portfolio analysis, and other tools.
Let’s explore the definitions, top pros and cons, and core features of those strategies to understand which one is the best to follow. In reality, becoming an IB is a simpler and more hassle-free way to start earning commissions and delivering traffic to the main broker. As an introducing broker, you do not have to deal with technical issues or account management. Your main task is to help new clients start trading, assist them in fine-tuning their trading strategies, and get commissions for different actions. Revenue and compensation models are also far more flexible in a white label arrangement, and it all depends on the details of your partnership agreement.
Instead, you can choose a well-established and trusted platform with the best trading conditions and join a broker partnership program. On the less favorable side, becoming an IB isn’t much of a plan for a big future in the Forex industry. “As an Introducing Broker you are essentially an agent of an existing business”, says Pablo Schvartzman, Head of Success Department at industry-leading tech provider Leverate. “You basically piggyback onto an existing broker and live off the commissions, without a brand identity or a brokerage infrastructure of your own. For people with serious ambitions in the Forex world, this is not the ideal model”.
IBs get to connect traders and brokers regardless of their nationality and location. Without them, local traders often struggle with international brokers because of the language barrier, different payment methods, and others. 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. A new generation of professional software that helps brokers and exchanges manage their customers, admins and IB-partners in one place. Summing up, the white-label solution can be regarded as a smart way to take the first steps in the world of brokerage without huge costs.