Metatrader White label solutions are an excellent option for new introducing brokers whom want to be successful in Forex market.
Forex is the most liquid market in the world and a huge amount of currencies are trading every day, to be able to trust is difficult considering that fraud and scams are far too common, and that in fact, can be “a stone in the shoe” for many IBs that are starting in the FX industry since for new investors an independent broker may appear unreliable.
The role of an IB in Forex market is to attract new investors to one or more brokerage agencies and guide them during the joining process and then with the management of their accounts. Introducing brokers does not actually trade or manage their client’s money, they are an intermediary in between the brokerages and the clients, their main role is to take care of their current customers and bring more.
Metatrader white label is a kind of partnership, where an established Forex Brokerage allows to an IB to use their brand to enroll new investors. The brokerage will provide all the necessary tools to start such as Metatrader platform, website and other mechanisms that are essential when beginning in exchange the IB is committed to make the business grow by engaging investors, also they will earn rebates on any trade their costumers make. By using the brand of a reputable brokerage IBs usually boost up their business.
To start a brokerage firm, it is necessary to have the licensing for trading platforms, which is very expensive, by establishing a Metatrader white label partnership it is possible to safe money while the IB can be focused in growing the client data base, while the brokerage takes care of technical aspects.
To become Metatrader white label is simple and most brokerages offer that with a reasonable fee.