Our whitelabel program allows you to offer your clients the hottest instruments in the market – forex products, indices, energies, metals, individual stocks and cryptocurrencies. MT4 is widely used because it ensures safe and secure transactions and data storage. From creating accounts to management history, you can set up the system to whatever is most convenient for your clients. MT4/MT5 Social Trading A multi-server copy trading solution that allows your clients to share trading signals and follow other traders. The broker can forget about renting servers, trading platform configurations and other technical issues.
The Forex market, or the international foreign exchange market, is the largest and most active financial market in the world. Its daily turnover exceeds $5 trillion, more than all national stock markets combined. Financial analysts and economic experts are predicting that the foreign exchange market will grow exponentially due to globalization and the popularization of remote employment. Under these conditions, the online brokerage domain looks quite promising in comparison with conventional enterprises, which are easily knocked out of balance by inevitable economic fluctuations and crises. However, for all that, launching an online brokerage business involves significant challenges which can be fatal if the level of preparation is insufficient. We are a long-standing and reputed Forex technology and consultancy company that specializes in providing hands-on business solutions to Forex brokers.
The sublicensing system is quite simple and available for immediate use as soon as it is connected. The service allows opening a follower’s account with as little as $1, and PnL is automatically distributed between the PAMM-manager and all their followers. The access to the back-end systems is protected by multifactor authentication and secured communication channels.
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The solution includes over 30 technical connectors to major FX liquidity providers, advanced analytics modules, KYC/AML services, and integration with 60+ fiat payment systems. The trading platform has advanced features, including algorithmic trading capabilities, multilingual trading terminals, and advanced brokers with high paying forex trading orders to satisfy even the most demanding clients. Additionally, Soft-FX provides full support throughout the solution implementation process. This means they’ll provide software that has been designed with your specific needs in mind – without having to spend the time creating everything yourself.
If you break down the process of opening your own firm into smaller pieces, it can be much more manageable. Back office software overlaps with CRM software in many ways, so you may see these terms used interchangeably or as tools that are sold together. In general, back office software may not include as many tools for marketing or for interacting with leads. At some point during the process , you’ll need a business plan for your brokerage. With a little internet research, you can likely write your business plan yourself. Those are both valid options, but there’s a third option that isn’t talked about as often – building your brokerage using existing services.
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This can simplify the process for brokers who are looking to launch a Forex business and improve their services. Pocketbook offers customers an alternative to legacy payment methods that are expensive, slow and built on outdated processing methods. X Open Hub offers business owners their innovative high-level product, XOH Traders, a trading platform to empower clients with advanced trading features, tools, and modes. Brokerage businesses may integrate this platform as a White Label solution. The company offers business clients a turnkey Forex broker that includes multi-level liquidity, convenient and functional back-office, and an effective trading platform.
Protect your business against malicious attacks with our anti-DDoS solutions. 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 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. You should also consider offering your website in multiple languages if you plan to target a country where more than one language is spoken widely. Look for a company that builds custom websites that also has experience working with financial professionals. Setting up your website and deciding on branding for your firm will also be an important task to complete early in the start-up process.
Three Ways White Label Broker Work – A-Book, B-book and Mixed One
In addition to Forex, they offer a comprehensive selection of over 1,000 financial instruments across 7 asset classes, including Crypto Derivatives/CFD, Indices, Energy, Equities CFD, and ETFs CFD. When integrated into white labeling, the platform’s features and benefits are still available to the broker’s clients, but with the added advantage of having the broker’s brand front and center. Client relationship management software can help you track interactions with clients and leads. It usually includes messaging features and marketing tools as well as activity logs and other tracking features. This software should make it easier to run your business, so think about the tools you need to effectively manage your brokerage before you choose a software provider.
Takes the best of both worlds, allowing to generate quality internal liquidity and opening access to risk hedging from external sources. This means defining the size of the operating and trading fund and replenishing both of them. You should consult a doctor or other qualified health care professional regarding any questions you have about your health or before making any decisions related to your health or wellness. Call your doctor or 911 immediately if you think you may have a medical emergency.
- Often times, large Forex firms, especially in the United States, have hid behind the false sense of security that investors have been brainwashed with when it comes to big brokers.
- Margin-Credit Tracker withdraws credits from a trading account on a margin-call or a stopout to prevent a client from going below zero balance.
- One of the benefits of turnkey solutions is that they often come with a PayPal option, which can make it easier to fund your account and get started trading.
- Trading accounts can be denominated in any of the currencies presented in the liquidity list, metals , including cryptocurrencies, with an expanded accuracy of up to 8 decimal places.
- Even though it is a time-consuming task and has to be done carefully, identifying potentially profitable customers and your lucrative target market help you increase the capacity of your brokerage.
We’ll also provide you with a checklist in case you decide to go with the idea. The views and opinions expressed in postings on this website belong solely to the author and may not reflect those of the company’s management or the official position of the company. In addition to the website, the development of software infrastructure for a Forex brokerage company involves both mandatory and optional components. These solutions automate all the processes, making it possible not to waste money.