White Label is the practice where one firm buys another firm products and then marketing it as its own. In Forex, White Label is used for trading software, platforms and additional services that brokers may offer in the market.
White label is gaining popularity within the market because the buyer and the seller get benefits of the product. For banks and brokers, white label saves them the cost of developing a new product that will attract new customers.
A White Label partnership enables partners to satisfy demands for additional online tradable products. Partners can retain and generate more revenue from existing client relationships and obtain new clients by offering new available products to trade.
Usually the service is fully customizable and it can be adjusted in accordance with the partners needs to meet their requirements. The platform is designed to allow the maximum flexibility for you to tailor the look as you prefer, customizable elements include logo, colors, and profiles, among others.
A White Label partnership is designed for financial institutions which are licensed to hold clients’ funds; it will provide complete, powerful and efficient solutions of trading services.
Providers will give you technical support during installations, setup of the trading platform, consultations, and customer support for any questions that might arise.
Therefore, there are plenty of benefits from White Label, You will establish your own brokerage division with cost effective solutions offering to your clients the best competitive spreads with your unique brand, building with each of your clients a presence in the Forex industry.
Tradeview Forex will provide you with everything you need to start, with a White Label partnership you can become a well known IB of a reputable brokerage, you will have credibility and as a result you will gain more clients for the company and more earnings for you.