White Label Broker Forex Cost - Forex White Label Provider
Fintechee provides White Label Broker Forex as a Forex White Label Provider. Additionally, it offers a White Label Spread Betting Platform, a type of Broker White Label.
As a Forex white label provider, Fintechee allows brokers to use its WEB Trader as a Forex trading platform through the White Label program. The WEB Trader includes a frontend package and a backend package.
Overview
The frontend enables traders to utilize Automated Forex Trading and Trading Simulation. The backend facilitates order router management, connecting with multiple liquidity providers via the FIX API Trading Platform, also known as the Price Aggregator. This feature integrates with the FIX API Trading Platform to aggregate quotes from different sources.
The key advantage of signing a white label broker Forex agreement with Fintechee is that A-Book brokers and Hybrid Model (A-Book & B-Book) brokers can access the lowest spreads between ask and bid quotes.
With partnerships with over 20 Liquidity Providers, extensive testing has been conducted to ensure connectivity with all of them. Funds Management Institutions can create a new broker by integrating their liquidity via our FIX API trading platform.
We assist in connecting brokers with liquidity provider partners, although not limited to them. ANY liquidity provider can be connected via our FIX API trading platform. Institutions subscribing to our free newsletter have opportunities to win free licenses for building free white label Forex brokers and establishing free Forex white label partnerships.
Partnerships with regulatory license providers and third-party payment gateways are available to assist brokers in obtaining licenses and managing deposits/withdrawals.
Business Model
A new broker can onboard through the following steps:
- Create a company in some jurisdiction.
- Sign the white label broker Forex agreement with us to use our all-in-one trading platform.
- Sign the Omnibus agreement with a liquidity provider for liquidity (using your own liquidity provider is also an option).
- The default payment gateway is a self-hosted server based on blockchain.
Features
Explore the following features of our product:
Liquidity Provider
Refer to this material to know more about the liquidity providers we cooperate with: Liquidity Provider.
Specialties of Our Liquidity Provider Partners
Our liquidity provider partners each have their own specialties, such as FIX API based MAM and Shared FIX API provided by “LMAX”, “Swissquote”, and “ATC Brokers”. “FXCM” supports FIX API based MAM technically. “Exante” offers Cryptocurrency FIX API, and “FXCM” along with another provider supports FIX API connectivity that includes Spread Betting.
You can experience a unique trading environment with our diverse liquidity provider partners.
Pricing
| Features | Main White Label(WL) | White Label(WL) | Other Plans |
|---|---|---|---|
| Brand | ⭕ | ⭕ | |
| SDK Trading | ⭕ | ⭕ | |
| Custom Indicator | ⭕ | ⭕ | |
| Expert Advisor | ⭕ | ⭕ | |
| Backtesting | ⭕ | ⭕ | |
| Trading Simulator | ⭕ | ⭕ | |
| Parameters Optimizer | ⭕ | ⭕ | |
| Streaming Quotes | ⭕ | ⭕ | |
| Historical Data Downloading | ⭕ | ⭕ | |
| Multiple Accounts Management | ⭕ | ⭕ | |
| Multiple Charts System(WEB Based) | ⭕ | ⭕ | |
| Artificial Intelligence Integration | ⭕ | ⭕ | |
| FIX Engine | ⭕ | Shared with Main WL | |
| Trade Positions Management | ⭕ | ⭕ | |
| Order Router Management | ⭕ | Shared with Main WL | |
| Price Aggregator | ⭕ | Shared with Main WL | |
| RESTful API | ⭕ | ⭕ | |
| Dashboard(Back Office, CRM) | ⭕ | ⭕ | |
| Affiliate Enabled(3 Layers) | ⭕ | ⭕ | |
| Tech Support | ⭕ | ⭕ | |
| Hardware | ⭕ | Shared with Main WL | |
| Network Traffic | ⭕ | Shared with Main WL | |
| Monthly Tech Support Fees | $500 | $1500 | |
| Monthly Maintenance Fees | $0 | $0 | |
| One Time Installation Fees | $0 | $0 | |
| Monthly Volume | Not Required | Not Required | |
| Liquidity Provider | Not Required | Not Required | |
| Be Our Reseller | Be Our Reseller | Be Our Affiliate |
New small brokers can benefit from our services in a number of ways. Firstly, our payment gateway solution is based on blockchain, which provides an option for brokers who may have difficulty obtaining a bank business account to deposit and withdraw funds. In addition, we offer a monthly payment plan and do not charge a one-time installation fee. This allows new brokers to start up with less financial pressure and make payments on a regular basis.
Alternative Solution
We provide you with an alternative solution called Family Trader, which requires a much lower cost to build a trading platform for your brokerage business.
Why Choose Fintechee?
A new brokerage is more compatible with our product. Other traditional trading platforms’ expenses are too high for new brokerages from the beginning. New brokerages have to face low revenue but a high initial investment. If they can’t get the expected reward, they take risks on the fund chain. Every year, new brokers pay over $50k for the royalty fee of the broker white label, not including the license fee for regulation and the operation fee for the firm. New brokerages have to share their resources; otherwise, they need to take over all the costs and risks. Ultimately, these costs are transferred to individual traders.
With market movements gradually becoming smaller, the proportion of costs has grown, affecting trader revenue. This market needs a mechanism to maintain balance; otherwise, traders won’t want to trade with high costs and risks, potentially leading to liquidity issues if they leave.
An alternative product with all the features offered by other platforms is an effective solution. New brokerages can save more money, paying much less in fees while receiving as good service as traditional platforms.
Cloud Services
We use third-party “Cloud Services” to deploy our trading platform. Check this page for more details.
