White Label Solutions for Fintech and Banking Services
Because there are now quite numerous companies engaged in providing White Label solutions, it can be challenging for newcomers and even experienced Forex professionals to choose the right option. Each White Label provider start brokerage with white label software has its own pricing policy based on the functionality the trading platform can offer. In order to make the right choice, you can compare multiple offered options based on a specific criterion or attribute.
We provide free patches for bugs on our core products for a year after purchase. We however don’t do the actual code merge etc for you as that would cost us man-hours. All analytics in our Loadup module is powered by Apache Spark, the best technology in the market to use for capturing and analyzing big data. This solution provides all of the resources needed for an optimized platform. Orfinex does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria, UAE and North Korea. You can choose to hedge all trades on back to back basis or not hedge any trades at all or any combination thereof, and flexibly manage your hedging parameters.
Access to a reliable liquidity provider
Ultimately, you will learn the essential things to consider when choosing a White Label Forex solution. The application review process takes approximately 2-3 weeks, and initial funding of $10,000 must be deposited into the account, which will be applied towards the first five months of commissions. To solve our own problem, we created a website that helps investors find, learn and compare the different platforms to save and invest online.
The quality of the user experience depends directly on a number of factors that influence the interaction between the user and the software or application. Speaking of WL Forex solutions, it is worth mentioning that the usability of the trading platform and its components directly affects the degree of interest of users in continuing to trade with a particular Forex broker. ETNA Digital Advisor is a white label platform for managing passive investments.
The IBKR white branding process usually takes no more than two hours, except for statements, which may take up to 24 hours. However, the initial TWS white branding can take up to 48 hours to take effect. Over 20 years of White Label experience providing tailored off-the-shelf and customized solutions, enabling licensed financial institutions to expand their product offerings with full client control. Brokers should understand that the FX brokerage regulation depends on the country. Some jurisdictions tighten rules and requirements, while other countries create a fertile ground for newer players.
Advantages of White Label Solution in the Forex Business
The first way allows sub-licensed brokers to process clients’ deposits on their own, and the second model shows that all deposits will be processed through the main brokerage company. As the experience of companies from very different spheres of activity shows, the White Label model guarantees the same opportunities for large and start-up business projects. To introduce new opportunities, you need to match the intricacies of the affiliate program with the specific business activity. With the right approach, you can achieve increased sales and skyrocket your business’ audience.
White label banking can help you deliver easy and convenient bill payment processes. With a private label banking integration, you can issue debit and credit cards to users virtually. Within this partnership, one company delegates a white-label finance project and its development tasks to another. In simple words, your organization hires another company to implement the functions of your business.
Copy Trading
Usually, the developer can set up a support system that users can apply to highlight issues. They should show you how to look into the admin’s dashboard and troubleshoot any problems. The support program can be renewed, allowing you to help solve client problems continually. Ensure that your developer can build a white label app architecture in such a way that you can add brand identity by yourself. Security is our number 1 priority, and we go the extra mile to ensure clients’ online protection. We use SSL technology to protect their sensitive data and hashing technology, more specifically an MD5 hashing function, to protect their passwords.
A Forex White Label provider offering The TickTrader Trading Platform, along with multi-level liquidity, functional back-office, and other tools, to simplify the journey of a startup brokerage. 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. Many brokers entirely rely on the owners of a trading platform, and that is among the most widespread mistakes. No matter how professional and trustworthy a company is, your way to success lies through professionalism and experience.
- An essential feature of Grip is accessing and tracking five different bank accounts simultaneously.
- In addition to the features mentioned earlier, Soft-FX’s Forex Broker Turnkey solution provides additional benefits that can aid in the successful launch of your brokerage business.
- The full White Label model provides trading firms with regulatory registration, a platform, and stable quote systems and market channels.
- As for cons, the partial WL model destroys the anonymity principle, as traders’ personal information is accessible for a primary broker.
- Here the forex broker himself is a counterparty for his clients and executes client trades at real quotes received from banks and liquidity providers.
- Experience is key when launching a business in such a competitive industry and entering it alongside a partner offering you their already tested technology and infrastructure could be a major advantage.
For instance, as a fintech company, you can enter into affiliate relationships with accountants, solicitors, or IFAs, who then introduce your product to the end user. Introducers help your company access a new market easily, but they can also leave your company vulnerable due to their demands. You may end up constantly trying to please your introducers rather than your end users/customers. We partnered with Equinix, one of the world’s biggest and most reliable internet connection and data center providers. With servers in Tokyo and London, we make sure that your clients can receive powerful trading services without interruptions around the globe. Nowadays, traders can be classified from highly experienced risk-takers to careful beginners who merely test the water.