It is immediately ready to use upon implementation and is designed to fulfill a certain process. Forex turnkey software solutions are very popular and trusted by many Forex brokerage companies, including due to their many advantages, among which the following points deserve special attention. Is a software development and integration company and does not provide financial, exchange, investment or consulting services. Has been the main tool that helps FXOpen traders make deposits and withdrawals to trading accounts since 2014. The provided turnkey Forex broker software functionality includes the ability to control slippage protection, both on the side of users and on the side of the business owner. Within the limits of the slippage value set by the broker, the trader can set his own value.
- Although white-label platforms allow branding with a broker’s logo and sometimes colors, there’re barely any options to customize overall design and functionality.
- We aim to support forex brokers by providing high-grade technological solutions and services that accommodate their every need, allowing them to run their business more efficiently.
- Forex brokerages at the start of their journeys are always in a crunch due to tight deadlines and budgets.
- White-label forex trading platforms eliminate the need for brokers to spend preposterous amounts of time and money on custom development.
- You can manage traders, transactions, payments, and tools from one platform, along with accessing detailed analysis and reports.
A FOREX broker is an intermediary that operates as a middleman between a trader and the market. By using a broker, retail clients are able to gain access to the financial markets which would not otherwise be possible. The majority of FOREX brokers provide traders with the opportunity to trade not just currency pairs, but other asset classes including indices, metals and energies. Price is one of the most important considerations when selecting WL solutions to launch a Forex brokerage firm.
Technical consultation
However, the monthly fees vary depending on the services requested and the level of customization needed to offer the desired services to clients. We can build a smart liquidity platform meant for traders and brokers, enabling them to secure liquidity from tier-II liquidity providers. Our turnkey solutions are integrated with A/B Book trade execution, smart liquidity aggregation, and risk management https://xcritical.com/ functions. No need to enter into a separate agreement with an exchange, bank, prime broker, or liquidity provider. 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. Turnkey Forex PayPal offers a variety of payment methods, including credit cards, debit cards, and bank transfers.
This will not only give you a potential advantage in investment products but will also make your PRO traders more loyal to your company which helped them make a career in trading and earn real money. However, you can offer your clients the chance to follow not only the best ones but also the worst ones using the reverse copy mode. When the signal provider makes a BUY trade, a SELL trade is copied to the investment account. One of the key features of SmartStart is the Sirix platform, Leverate’s trading platform which is available on both the web and mobile.
MetaTrader 4 — Main label
Accelerate innovation, time to market and deliver improved customer experience.. It’s also wise to separate your client information from your technology provider. Checkout the tools & features that are essential to sustainable growth of a brokerage. Add a fresh perspective to your brokerage business with accelerated growth and enhanced stability. Scheduling allows brokers to prepare for high-volatility on the market by increasing margin requirements for the period.
If necessary, our PAMM service can also become part of our turnkey FX solution. This product will allow you to attract additional clients who have no trading experience at all, but want to invest in skills of professional traders. We aim to support forex brokers by providing high-grade technological solutions and services that accommodate their every need, allowing them to run their business more efficiently. In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding. At the same time, the Forex broker offers essential technology, liquidity, and back-office support. When it comes to pricing, Soft-FX offers a user-friendly pricing calculator tool that enables prospective clients to get an estimate of the cost of the Forex Broker Turnkey solution.
Key Strengths of Forex Turnkey Software Solution
Sanfrix is always a step ahead to ensure smooth trading experience for our clients. Moving around their system is a breeze & the dashboard gives you a comprehensive look at every client you’re managing including your IB’s. Also, they simply won’t let you off the phone until they’re convinced your problem is fully resolved. They’ve worked really hard to earn and keep our business than any other partner we’ve ever worked with.
Get access to advanced analytics modules, KYC/AML services, and 60+ fiat payment system integration. A take-profit order is a specific type of limit order that specifies the price at which an open position is to be closed in order to maximize profit. Forex brokerage turnkey solutions are an excellent tool for quickly creating and launching a finished product in the form of a successfully functioning Forex brokerage business. It does not require additional actions from the customer’s company to configure the systems and services involved in the operation of the entire infrastructure of the brokerage company. This advantage is perhaps the most important because it allows new Forex entrepreneurs to bring the company to the market quickly and without much effort. X Open Hub provides its clients a wide range of trading instruments, including 60+ currency pairs, majors, minors, and exotics.
iQinik is Ready To Serve
A broker might have been around for some time and might want to expand their offering and audience. Their existing trading platform might not allow that, so getting an additional one is a great solution to this challenge. Actually, most FX brokers offer multiple platforms to their forex turnkey solution clients to diversify their offering of trading instruments and trading interfaces. It’s also worth mentioning that providers of white-label platforms are always in fierce competition so they strive to equip their solutions with the most advanced trading tools and features.
Rules & Regulatory authorities in Forex tend to become stricter each and every day. Assess the quality of incoming market data with the depth of the market feature. Utilize the full potential of MetaTrader platform by sending market and pending orders.
EXISTING BROKERS
As we see, the benefits of white-label FX trading platforms clearly outweigh their shortcomings. White-label trading platforms are a superior solution for forex brokers, offering cost and time efficiency, enhanced trading experiences, and sometimes even technical support. These platforms provide brokers with a turnkey solution, eliminating the complexities and expenses of custom development. If you had to do everything on your own, you would need at least 6 months’ time.
Attracting more clients through an investment platform
Brokeree’s Terminal Hedger allows brokers to minimize risks by hedging open trades from a specified MetaTrader 4 server to any other MT4 brokerage. A useful plugin for MetaTrader 4 brokers who want to limit traders’ concurrently open positions. When a trader reaches the limit, new orders will be rejected until the client closes active trades. The tool provides brokers with a convenient way to update clients’ settings on MetaTrader 4 servers.
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