FinTech

2023.01.14
Forex Broker Turnkey Solution from Soft-FX, Start Brokerage with White Label Software

A white label in Forex is an affiliate program, according to which a solution and infrastructure provider transfers it on a paid basis to the founder of a new brokerage company. If necessary, our PAMM service can also become part of our turnkey FX solution. This product will allow you to attract additional clients who have no trading experience at all, but want to invest in skills of professional traders. The provided turnkey Forex broker software functionality includes the ability to control slippage protection, both on the side of users and on the side of the business owner. Within the limits of the slippage value set by the broker, the trader can set his own value.

When it comes to choosing a white label development provider, there are a few key things to keep in mind. If you want to create a white label solution for fintech, choose a vendor with experience in that industry. Another thing to consider is how well they communicate with you throughout the process—you’ll want them to be responsive and easy to reach throughout the life cycle of your project. Also, research the reviews from their previous customers on Clutch and Good Firms. When entrepreneurs, individuals or organizations looking to start their own trading brokerage, opt for a white label route, they have the technology and infrastructure set up for them. They take care of branding the product and they are ready to dive in the industry.

Solutions Offered For Shippers

At first sight, Forex is a liquid market, as we are talking about fiat currencies. If to switch the attention to brokerage companies, the liquidity is referred to the depth of the order book. The more ask and bid offers are placed there, the higher chances traders get to buy and sell assets by the market price. Reliable liquidity providers connect your order book with the largest banking institutions and funds like BNP Paribas, Barclays, Goldman Sachs, etc. White Label allows companies to provide services under their own brand, offering additional features and a higher level of quality. If customers are dissatisfied, they can terminate the subscription and switch to another software.

Start Brokerage with White Label Software

Mostly this kind has every instrument they need and only requires additional products to enhance their company to the next stage. Experienced brokers are the ones who are pretty familiar with the world of brokerage and have knowledge of key terms and mechanisms, and knows about the requirements to start a business. One should be sure about what kind of broker they will serve as; A-book broker, B- book broker, or a hybrid broker (A+B book). A-book brokers are mediators who focus on increasing trading volumes, and they make the same amount of money from both winning and losing clients.

White Label Forex Software — Ultimate Guide on How to Choose The Best Industry Solution

You can modify our commissions and widen or lower spreads based on your business strategy. This can be done towards individual instruments or groups as well as during specific times. As your White Label partner, we facilitate the technical execution of your client orders in our infrastructure.

Grow business by offering traders innovative software and reducing operating costs at the same time. X Open Hub provides its clients a wide range of trading instruments, including 60+ currency pairs, majors, minors, and exotics. The platform is cloud-based, with no hosting costs, and designed for speedy and high-quality execution. X Open Hub offers ultra-fast feeds and execution through various connectivity options such as FIX 4.3, FIX 4.4, xAPI, MT4/MT5 Gateways, or Bridge Providers.

White Label in Fintech Examples

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. This enables businesses to begin providing brokerage services without requiring considerable capital investment or technological skills. It allows them to focus on growing their business while leaving the technical aspects of the platform to the third-party brokerage firm. We offer a large range of products and services to enhance your business operations. Such a stage refers to the necessity of setting up the scope of services a broker is ready to offer for customers.

  • When you are ready to build a white label fintech platform, make a list of the necessary integrations in advance.
  • Within the limits of the slippage value set by the broker, the trader can set his own value.
  • In this article, we will provide a comprehensive guide to help you create your brokerage service with a white-label solution.
  • Before diving into the details of the best White Label brokerage companies, it’s important first to define White Label brokerage.

The process required high-end promotion to attract traders’ attention to your product. Starting your own brokerage business from scratch is a very painstaking, expensive and time consuming process that requires the investment of a large number of different resources in order to develop all its vital elements. The White Label model allows you to access a ready-made brokerage exchange infrastructure and start using it for your own purposes, which significantly saves time, money and effort.

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. One of the most significant benefits is the ability to quickly broaden the product or service range without the need for start brokerage with white label software 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.

Starting a brokerage service in today’s fast-paced world can be challenging, especially with the high competition in the market. Brokers must provide their clients with a range of services and solutions that meet their requirements to achieve success. A business owner purchases a trading platform, being not dependent on a primary broker. The foremost concern is to find a reliable company that offers WL solutions for FX brokers.