Customizable white label platform is distributed as platform-as-a-service and connects via API to execution venues, custodians, analytics and market data providers. ETNA Trader features digital account opening and funding and comes with regular updates and technical support. This article explores white-label brokerage solutions, compiling a list of the top 10 reputable providers that have garnered recognition for helping businesses handle their trades in the dynamic financial markets. Tickmill offers a number of trading solutions to both institutional and retail clients. Founded in 2014, Tickmill has quickly established a reputation as a reliable and transparent provider of technology-focused trading products.
The quality and sophistication of the trading platform and technology infrastructure provided by the white-label broker can significantly impact the cost. Devexperts’ white-label brokerage solution is affordable, flexible, and low-maintenance. X Open Hub, a division of XTB SA, specializes in white-label solutions for brokers, startups, and banks, boasting 12+ years of experience, a 250+ IT professional team, and 100+ partnerships. Its white-label Forex solution empowers brokers to create custom
trading systems via their API, featuring a stable platform, flexible back-office, and comprehensive instrument range. Founded in 2014, B2Broker is a global company serving brokerages and exchange firms.
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With over 500 corporate, professional, and institutional clients, B2Broker offers turnkey solutions for Forex brokerages. They are responsible for accompanying and guiding clients when doing trading activities. Not only that, Cryptocurrency Pockets Development Companies IBs also accept complaints and questions regarding the trading conditions of the broker. For the third party, going for a white label solution is often more cost-effective than building a trading platform from scratch.
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. The white branding program enables brokers and professional advisors to market their businesses and establish a strong brand identity using the IBKR platform. Established brokerage technology and services provider offering a comprehensive suite of solutions through its SaaS trading platform, including Forex, CFDs, crypto, and advanced social trading features.
ETNA Trader partners with Virtu Financial to offer advanced execution venue capabilities
As the middle ground between traders and brokers, IBs educate traders about the forex trading industry. To do this, they could provide a complete explanation or directly answer clients’ questions about trading. 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.
Your financial budgeting is individual, set to change, and should be negotiated with the company you’re set on working with. Starting a brokerage firm is one way to make money from forex and CFDs, but it’s not the only one. They do this by building up a network of traders, investment advisors and money managers, and sending them to a specific broker. You can visit infinoxpartners.com for more information on being an Introducing Broker. A white label broker is often a better solution because you have a greater stake in the action.
Factors to Consider When Choosing a White Label Provider
However, bear in mind that these benchmark platforms may not be progressing as quickly as forex traders are. The Sirix trading platform provides all these enhancements and features for traders’ needs, at a more affordable cost than the customary dinosaur platforms. White label brokers cut setup costs and typically generate revenue faster and more efficiently with less hassle– they make a commission on each successful transaction. The more shares that a trader trades through the broker, the more money the broker makes – and the more traders the broker services, the more money he makes. For this, earing as a white label brokerage is more cost-efficient for a starting Forex broker business venture.
So we decided to create this article where we would outline the essential steps for WL brokers. Allow users to manage their personal data and customize their trading preferences. Tradesmarter has built several visualization for traders to view their positions, stats and public trades information .
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High-speed price feed from a reliable liquidity provider can attract professionals and protect brokers from arbitrage traders at the same time. Once the platform is ready, the reseller launches their branded brokerage services. This launch phase involves announcing the new services to the market, which may include a combination of digital marketing campaigns, press releases, and promotional events. The reseller’s marketing team works to attract and onboard new clients, leveraging their brand’s reputation and the platform’s unique features.
The provider’s technical team collaborates with the reseller to ensure the platform is configured correctly, with all necessary APIs and data feeds in place. This phase also involves rigorous testing to identify and resolve issues before the platform goes live. Proper implementation and integration are essential to provide a smooth and reliable trading experience for the reseller’s clients.
These solutions are responsible for the fast and seamless execution of trades, managing risks, and collecting data for regulators. Designed for robo-advisors, fund managers and RIAs, ETNA Digital Advisor is a perfect opportunity to expand brokerage offering with advisory services to increase trading volumes and attract new clientele. ETNA facilitates the launch of new wealth management products and services, while WealthTech firms focus on developing unique algorithms and personalized customer experience. ETNA’s white label trading platform features Web Trader and Mobile Trading Applications, Middle and Back Office and Trading APIs.
- Ultimately, the best white label solution will depend on the specific needs and preferences of the broker and their target audience.
- We provide our expert consultation and support at every stage of operating your own brokerage business.
- Our platform stands out with its modern and user-friendly design, ensuring a comprehensive and smooth user experience for traders.
Wide range of APIs and stock trading software components allows to build a trading platform within days. The cost of a white label brokerage ranges from around $25,000 to $50,000, depending on the technical specifications you need. Prices vary based on customization level, model, liquidity, back office, payment gates and other specific platform features. The cost of a white-label brokerage solution can range widely depending on the complexity and scope of the offering. It’s crucial for businesses considering a white-label brokerage solution to thoroughly evaluate the features, services, and costs involved
and to negotiate terms.
The “rawest” version of a product, a version that allows companies to have custom-made specifically for them to make their own and resell.How does a white label solution work when it comes to the brokerage industry? Remember that long list of things we mentioned before that you’ll need to consider when opening your own brokerage? Well, a Forex White Label solution solves all those problems for starting brokerages by providing your business with the already-established fundamentals as a “bundle” package. This is a big part of the reason why it has become such a preferred option among new-coming trading-oriented companies. The original white label providers are customer-oriented and always keep their clients’ financial and business needs at the top of the agenda.
Soft-FX is a leading provider of White Label Solutions catering to forex brokerage firms worldwide. Their cutting-edge technology allows clients to easily set up their own trading platform. The company offers a range of customizable solutions, ensuring flexibility and scalability for both startup and established firms. They provide advanced engineering alongside comprehensive support and project management that ensures minimal risk, significant cost savings, and quick launch to market. Their solutions offer state-of-the-art technology designed to match the ever changing demands of the forex industry.