White label brokerage solutions have emerged as a popular choice for businesses aiming to quickly establish their presence in the Foreign Exchange (Forex) market. These turnkey solutions have become a cornerstone for companies seeking to offer trading services
under their own brand without the hassles and costs of building their own trading platform from scratch.
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. From customizable platforms and cutting-edge
technology infrastructure to regulatory compliance and comprehensive support, these solutions help companies engage with clients, offer diverse trading opportunities, and provide unique financial services.
Join us as we explore white-label brokerage solutions, unveiling the ten industry leaders that can help you start trading like a pro and guide your businesses toward success.
What Is White Label Broker?
White-label Forex brokers are brokerage companies that use the licenses, technology, and infrastructure of white-label providers to provide trading services to their clientele under their brand names. Essentially, a white-label forex broker acts as a distributor
of the services offered by white level providers, which receive a commission against their services.
The white-label broker establishes its own unique brand identity, conducts marketing initiatives, and extends client assistance, all the while utilizing the trading platform and liquidity provided by the white-label provider. This collaboration enables white-label
forex brokers consisting of small to middle-sized enterprises to furnish Forex trading services without the need to construct their own trading infrastructure.
By partnering with a white-label provider, white-label brokers can offer their customers the same competitive trading offerings as established brokers without the expenses of developing an autonomous platform. They can also leverage the white-label providers’
established reputation, regulatory compliance, and customer support mechanisms to their advantage.
How to Start White-Label Brokerage?
Starting a white-label brokerage requires careful planning and consideration. Below is a step-by-step guide to help you get started:
Research and select a reliable white-label solution provider for your target market and the type of trading services you want to offer. Understand the Forex or financial markets and the brokerage industry. Compare different providers, including their features
and services, reputation and ratings, customer reviews, regulatory compliance, competitive spreads, customer support, and the service packages and their costs, to decide whether it suits your needs. Negotiate and establish a partnership agreement with the
chosen white-label provider and define the terms of the partnership, revenue sharing, and responsibilities.
Register your company as a legal entity and obtain the licenses and permits from regulatory bodies to legally operate a Forex brokerage. Research and understand the regulatory requirements for operating a brokerage in your target jurisdiction. Comply with
anti-money laundering (AML) and know-your-customer (KYC) regulations.
Customize the trading platform provided by the white-label provider to meet your client’s needs and match your branding, i.e., add your company logo, website, and color scheme to the platform. Set up the trading infrastructure, including servers, data feeds,
and connectivity, to provide a unique trading experience to its clients.
Select a business model and develop a business structure that suits your investment goals. Developing a marketing strategy communicating your unique selling propositions is vital for a successful brokerage. You must create a unique brand identity, including
a company name, logo, and website, and leverage digital marketing and content creation to establish your online presence.
Remember that starting a white-label brokerage requires thorough research, compliance with regulations, and a commitment to providing high-quality services to your clients. It's recommended to consult legal and financial experts to navigate the process successfully
and make informed decisions.
Top 10 White-Label Brokerage Solutions
Using a white-label provider for your Forex brokerage business allows you to deliver a high-quality experience to your clients while also having access to an established provider’s infrastructure and technology. We’ll examine the top 10 white-label providers
in 2023 below, helping you select the best provider for your needs.
Quadcode
Quadcode powers 150 million trading accounts across 170 countries, enabling brokerage firms and financial institutions to set up their trading platform and brokerage operations and expand their product offerings. Quadcode earned the 2023 UF AWARD for Best
All-in-One Brokerage Solution.
Quadcode’s white-label brokerage platform boasts an impressive 99.5% uptime and supports over 1000 assets from retail Forex, options, indices, exchange-traded funds, commodities, crypto, and CFD sectors and caters to A-Book, B-book, and hybrid models depending
on the clients’ business objectives.
Quadcode’s comprehensive solution provides access to the traderoom and easy-to-use back office, while all the flexible systems of modules, such as the technical infrastructure, customer support, risk management, etc., are managed by Quadcode.
The platform provides several modules, such as anti-fraud measures, customizable trading conditions, payment gateways configuration (over 200 international and local options), dealing, hosting (a security monitoring team, tiered access to data, and PCI DSS
license), security, KYC/AML/Compliance, CRM & Affiliate modules, Tech and Client Support via ticketing system, live chats, chatbots, and telephony system, and many more.
The Quadcode white label solution has an intuitive user interface and includes such platforms, as the Web, desktop, PWA, iOS, and Android.
Quadcode’s clients enjoy full pricing transparency, having to pay only once for its comprehensive turnkey brokerage.
Quadcode’s mobile client boasts a sleek and modern design with a multi-chart layout, diverse alerts & widgets, and over a hundred free technical indicators.
Interactive Brokers (IBKR)
Interactive Brokers (IBKR) offers a white-label program exclusively for Forex brokers. It helps Forex brokers create a personalized trading platform while showcasing their unique brand identity and leverage IBKR's advanced technology and robust infrastructure.
By adopting IBKR's versatile multi-asset platform, brokers give their clients access to a comprehensive range of financial instruments spanning across 150 markets across 33 countries.
IBKR's white-label program stands out for its flexibility, enabling brokers to customize the user interface, risk management tools and even configuring IBKR's Trader Workstation (TWS). Additionally, brokers can manage user access privileges, establish flexible
fee structures, automate fee management processes, and provide real-time fee oversight through electronic invoicing.
Through white-labeling with TWS (Trader Workstation), Forex brokers offer clients a proven trading platform with 100+ currency pairs.
IBKR offers competitive FX pricing via advanced tech and a vast liquidity pool. Transparent pricing and access to mark-up-free interbank spreads cater to professional traders and institutions. FX trading costs vary based on volume, currency pair, and account
type (commission-based or spread-based).
B2Broker
Founded in 2014, B2Broker is a global company serving brokerages and exchange firms. With over 500 corporate, professional, and institutional clients, B2Broker offers turnkey solutions for Forex brokerages.
B2Broker’s package includes B2Core, a trader's room, an investment platform, PoP Liquidity, and a payment service. B2Broker covers 80 currency pairs, 12 indices, and 13 metals. It provides Forex liquidity solutions for fast execution, low spreads, and risk
management.
The B2Broker’s white-label service streamlines brokerage setup with a setup fee of $5,000 and $2,000 monthly support. Monthly fees vary based on services and customization needed.
X Open Hub
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.
X Open Hub’s cloud-based platform caters to fast, reliable execution, supporting various connectivity options such as FIX, xAPI, MT4/MT5 Gateways, and Bridge Providers. Regulatory-approved (FCA, KNF, CySec, IFSC, DFSA, FSCA), X Open Hub ensures a robust
client framework.
XOH Trader grants brokers a customizable front-end system, including advanced charting and mobile capabilities, while xManager facilitates back-office management. Launching as a Forex broker is swift through their express start-up package, with bundles starting
at $1,000/month. The company offers consulting, training, marketing, and 24/7 account manager support.
Beyond Forex, X Open Hub provides deep institutional liquidity for 5,000+ global instruments, spanning indices, commodities, shares, ETFs, and crypto, making them a comprehensive solution for financial businesses.
Leverate
Leverate is a leading white-label Forex provider, delivering innovative solutions to Forex brokers and financial institutions. Its flagship product, LXSuite, offers a range of trading tools, including web and mobile platforms, CRM systems, etc., for effective
business management.
Leverate's "SmartStart" package helps individuals launch fully-branded Forex/CFD/Crypto brokerages, providing tools and resources for a successful brokerage establishment.
Central to SmartStart is Leverate's Sirix platform, accessible on the web and mobile, featuring seamless trading with copy trading and crypto capabilities. The package also offers a branded broker website and user-friendly application, enhancing client attraction.
SmartStart integrates Leverate's tailored CRM system, ensuring broker needs are met with top-level security. Professional success managers provide dedicated support, guiding the launch and growth of the brokerage. Thorough training ensures a smooth operation,
while traffic and lead solutions drive potential clients to the broker's site.
Leverate's MetaTrader4 and MetaTrader5 White Label solution is another option, providing traditional yet popular trading platforms for new brokers without the cost of a full MetaTrader license. This white-label solution boasts diverse signals and indicators,
easy trader segmentation, an integrated economic calendar, and customization across desktop, web, and mobile devices.
Soft-FX
Established in 2005, Soft-FX is a fintech developer offering software and support services to the financial and digital asset sectors. With partnerships spanning Forex, digital currency brokers, blockchain platforms, banks, and funds, Soft-FX has established
itself as a reliable industry player.
At the heart of Soft-FX’s offerings lies the Forex Broker Turnkey solution, a comprehensive gateway to the FX market. This all-encompassing solution equips Forex brokerages with essential tools, including a robust software foundation, multi-layered liquidity,
an advanced trading platform, and a user-friendly back office. Boasting over 30 technical connectors to major FX liquidity providers, KYC/AML services, and integration with 60+ fiat payment systems, it's a powerful solution supported by their advanced trading
platform, TickTrader.
Soft-FX offers trading services for stocks, commodities, and indices. Hybrid business models combining A-Booking and B-Booking optimize profit potential. The TickTrader platform caters to efficient Forex and digital asset transactions with flexible setup
schemes, various trading accounts, and multi-language client terminals.
To ensure pricing transparency, Soft-FX provides a user-friendly calculator tool estimating costs based on liquidity, software modules, and additional services.
The Forex Broker Turnkey solution's setup fee starts at €15,000, complemented by a monthly fee of €3,000, making it a cost-effective choice for entering the FX market.
Devexperts
Devexperts is a product-oriented company offering diverse platforms such as DXtrade CFD, DXtrade Crypto, and DXtrade XT (for listed securities brokers). DXtrade CFD is its white-label trading platform for Forex, CFD, crypto, and spread-betting brokers.
DXtrade CFD provides robust risk management capabilities and back-office applications. Its flexibility in settings, advanced trading tools, and usability allows brokers to achieve their ideal setup in their trading platform front ends and brokerage operations.
This high degree of automation and customization extends to the back-end configurations where brokers can set up limits, rebates, margins, spreads, and client execution on instruments, group, or individual client levels. This allows brokers to create custom
offerings for multiple client segments worldwide.
The platform comes with a configurable and flexible web trader and native mobile trading experience.
Devexperts’ white-label brokerage solution is affordable, flexible, and low-maintenance. It’s accessible for startups and scalable for experienced brokers.
DXtrade offers several proprietary trading tools, such as custom trading journals, dashboards, modern navigation, etc., designed to enhance the user experience and improve both client acquisition and retention.
UpTrader
UpTrader specializes in CRM systems tailored for FX brokerage firms. New entrants can benefit from UpTrader's Turnkey Web Terminal, a comprehensive solution with a feature-rich CRM system, a cost-effective trading platform, flexible business models (A Book/B
Book), risk management configurations, along with branding and customization options.
UpTrader Invest is a white-label social trading platform, fully integrated with MT5 and MT4 platforms. It can work as PAMM, MAM, and a copy trading platform.
This brokerage solution is budget-friendly, transparent, and effective, offering several well-balanced price streams. UpTrader streamlines market entry, boasting an implementation timeline of 5 days.
Match-Trader
Match-Trader platform offers multiple features and functionalities, including advanced trading tools, multi-asset trading, and mobile trading capabilities. Its white-label platform is fully customizable, enabling brokers and financial entities to fully brand
and tailor their trading platform according to their unique specifications.
Integrating Match-Trader's white-label solution is quick and straightforward, typically completed within a few weeks. The integration includes Customization, API Integration, and Testing and Deployment.
The Match-Trader platform facilitates trading across diverse asset classes, spanning Forex, CFDs, and cryptocurrencies. It’s equipped with innovative trading tools like technical analysis, risk management, and social trading elements.
The platform offers a mobile app, enabling clients to trade on the go.
Match-Trader prioritizes compliance with regulatory requirements and offers robust security features, protecting against fraudulent activities and cyber threats.
Fxview
Fxview is a regulated CFD and Forex broker established in 2017. It offers over 500 CFD trading instruments, including Forex, commodities, cryptocurrencies, indices, and stocks.
Fxview's white-label brokerage solution offers competitive pricing, a streamlined set-up within just two weeks, robust back-office support, and lightning-fast order execution. Its cutting-edge co-located servers and technology infrastructure ensure mitigated
latency for seamless trading experiences.
Fxview provides access to advanced back-office and Customer Relationship Management (CRM) systems to enhance your operational efficiency and client management capabilities.
Its popular MT4, MT5, and ActTrader trading platforms are fully customizable to facilitate client attraction and brand recognition.
Fxview offers comprehensive marketing support, i.e., assistance with website development and marketing strategies and dedicated partner support through its customer service and technical support teams.
How Much Does White-Label Brokerage Cost?
A white-label brokerage solution can range from a few thousand dollars to over $100,000, with an average cost between $10,000 and $50,000. The cost varies depending on several factors, including the services and features included in the package, the level
of customization, the technology infrastructure, regulatory compliance, and additional support services.
The cost usually includes the setup fee for integrating and customizing the platform. Depending on the provider you choose and the level of customization required, the setup fee may differ.
In addition to the setup fee, the cost includes ongoing monthly fees for platform usage, technical support, and other services. These fees can vary depending on the broker and the level of support and services provided.
Some brokers may offer a flat monthly fee, while others may charge a percentage of the trading volume and scale of operations. Some white-label solutions offer tiered pricing based on the number of trades or clients, while others might operate on a revenue-sharing
model, where a percentage of the profits generated by the white-label broker is shared with the provider.
Additional services such as customer support, technical assistance, training, marketing and advertising costs, and ongoing maintenance may come with an added cost.
The quality and sophistication of the trading platform and technology infrastructure provided by the white-label broker can significantly impact the cost. A more advanced and feature-rich platform may come at a higher cost.
The level of customization required for the trading platform and branding can influence the cost. Extensive customization to align the platform with the partnering company's branding and unique requirements may increase the overall expense.
Meeting regulatory standards and obtaining necessary licenses can add to the cost, as it involves legal and compliance efforts.
Access to liquidity providers and trading partners, which is essential for smooth trade execution, can contribute to the overall cost.
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.
Final Words
From a customizable interface and advanced trading tools to multi-asset trading capabilities, regulatory compliance, and dedicated partner support, the white-label forex brokerage solution helps businesses create a distinctive brand identity while offering
a top-notch trading experience to clients.
Selecting a white-label forex broker entails carefully evaluating individual business goals, target markets, technology requirements, and client expectations. It's a decision that can define the trajectory of your Forex brokerage, positioning it for growth,
success, and client satisfaction.