There has been substantial growth in the financial market, resulting in a rise in companies making profits from traders and investors. This has simplified the entry process for new companies looking to assist customers in buying and selling stocks, catering to specific client groups.
Emerging technologies and intermediaries are being introduced to assist brokers in increasing the number of assets available for trading and attracting more traders to engage with the market.
White Label Brokers
White Labelling (WL) is a business model that offers ready-made software for FX brokers to customise and rebrand to their needs. This allows brokers to access pre-built trading software, such as payment systems, capital markets, finance tools, margin trading, and leverage.
However, constructing these systems from scratch can be time-consuming, especially if there are no experienced in-house developers. A reliable WL provider can build the trading system for you, charging different fees based on its complexity and flexibility.
Introducing Brokers
IBs connect brokerage firms with investors and users, marketing and reaching out to corporate investors and traders. They offer trading products and services, encouraging target markets to register on a platform.
In exchange, they set commission fees, either fixed or spread-based, determined by invested volume. They do not participate in trading decisions or FX broker operations but focus on connecting new clients and tracking performance and bonus systems.
Final Thoughts
White labels and introducing brokers are vital components of FX brokerage activities. They assist the platforms in broadening their offerings and delivering specialised solutions. Trading software, payment systems, and support services are provided by FX white label services to brokerage enterprises, with IBs aiding in their communication.
