White Label Forex: Is It Worth It?
White label forex is a type of partnership that allows a brand new broker to establish an expert trading platform using the tools and resources that are provided by a larger international broker. This is a negotiated arrangement between the White Label Provider (a service provider company) and the other company that pays commissions from making use of the services of the latter to rebrand and trade. The company that provides the platform has years of experience dealing in forex trading and will provide partner companies with all required forex servers, terminals and other facilities to facilitate smooth forex trading.
A white label in forex is a type of business agreement between two firms. One company makes all the products , and the partner company sells them under their name. Within White Label Forex, there are white-label providers, they are the one who provides its platform and services for trading forex. White label providers may act as an intermediary between developer and broker, or developers themselves. It is an easy way to enter the largest financial trading market by using the platform of a technically skilled company.
A white label provider of forex provides a highly active customer support , tools and plugins for risk management, a streamlined management system, liquidity management and many more functions. White-label Forex assists in building your brand, and also in establishing your business in the highly functional and liquidity trading market. White-label Forex offers a variety of features which are described here in detail. It offers assistance with system administration and stable hosting. The other partner company also has access to the convenience of a customised back and front office, with API integration. Connectivity to liquidity is also readily available.
White-label forex brokers utilise the services of a white-label provider. In exchange the white-label forex broker will pay commission to the provider. White label forex has many advantages. The primary one is the capability to create your platform at an affordable cost, using tools and techniques that are already in use. Another advantage of white-label Forex is their customer service system. They also assist in promoting your brand. White-label Forex platforms also offer training and resources to learn and lead the world of trading.
When selecting an fx white label service provider, you need to focus on some key points like the size of the company, the technical support, history, trust and reputation, quality of service, fees of the company, relationship with past clients, customer service and the commitment to support their partner customers. Forex trading is not without risks. But, white-label Forex has less risks if you have a trusted platform and are capable of accessing resources. Before deciding on a White-label Forex provider, deeply research the background of the company and its market reputation.
