Finally, white-label software is an excellent tool for newcomers who wish to avoid rookie mistakes in the forex brokerage field. In-house platform development, aside from being overly expensive, can also lead to incorrect decisions, poor business model construction, or other mistakes that result from inexperience. In the case of white-label software, all of the above-outlined expenses are replaced with a single monthly subscription fee and/or affordable commission charges. White-label providers serve numerous clients and can afford to provide a cutting-edge platform template without excessive costs on your business side.

interactive brokers white label

More Quants and finance professionals will find the latest news and sample code for data science and trading using Python, R, and other programming languages at the IBKR Quant Blog. Unlike other firms, where management owns a small share, we participate substantially in the downside just as much as in the upside which makes us run our business conservatively. Access market data 24 hours a day and six days a week to stay connected to all global markets. In addition to Forex, X Open Hub provides deep institutional liquidity on 5,000+ global instruments, including indices, commodities, shares, ETFs, and crypto. As reviewed in this lesson, White Branding is simple and easy to set up, allowing registered advisors to brand the IBKR software with their own organization’s identity and information.

What are the benefits of starting a White Label Forex brokerage?

When it comes to pricing, X Open Hub is flexible and allows you to choose the services you need, so you can manage your expenses. The bundles start at $1,000 per month, allowing you to select the services that align with your needs and budget. They also provide consulting services for identifying initial broker requirements, meeting regulation standards, training, and marketing. Additionally, you will have access to 24/7 account manager support to assist you with any queries or concerns. Established and experienced broker with customizable services for professional advisors and brokers, offering fast and efficient access to global markets with risk management tools.

interactive brokers white label

IB SmartRoutingSM searches for the best firm stock, option, and combination prices available at the time of your order, and seeks to immediately execute your order electronically. IBKR Pro clients received a net US dollar price improvement of $0.43 per 100 shares vs. the industry bid / offer. IBKR offers lower commissions, no ticket charges, no minimums, no technology, software, platform or reporting fees, low financing rates and competitive interest paid on idle cash balances. With Quadcode, you can add a personal touch to your traderoom, choosing a logo, color scheme, and trading tools to make your brand stand out.

TWS White Branding

In addition to the desktop trading platform, X Open Hub offers a mobile app called XOH Mobile that offers complete account management, graphs, and other vital tools required for real-time financial trading. With the XOH Trader platform, brokers can access a modern and cutting-edge environment designed for every type of brokerage. The platform is equipped with advanced technical tools such as templates, overlay charts, personalized chart views, detached and floated charts. The branded platforms are available on both the web and mobile, with advanced branding possibilities enabling their partners to start a new line of business immediately. Quadcode offers a readily available and customizable trading solution for brokerage firms and financial institutions, enabling them to easily establish their trading platform and brokerage activities.

interactive brokers white label

Potential downsides when using a White Label solution include the lack of control over product development. Sometimes there is limited customization available, and potential conflicts may arise with the provider that might affect the services. Additionally, white labeling may not provide a competitive advantage in industries where differentiation is required. How To Start A Cryptocurrency Trade While Leverate doesn’t provide exact pricing information on its website, it’s worth noting that the company offers a special pricing plan for startup brokers. This plan features a fixed monthly price, which is particularly advantageous for new brokerages because it enables them to build their clientele and revenue without paying for each new client.

Best White Label Forex Brokers & Providers (

Saxo Bank is a leading provider of white-label trading solutions, offering a range of products and services for banks, brokers, fintechs, insurance companies, and wealth managers. The bank’s white-label offering is known as Saxo Markets, which provides a turnkey solution for businesses looking to offer trading and investment services under their brand. Similarly, for brokers, Interactive Brokers offers a turnkey solution providing access to powerful trading technology and advanced trading tools for trading on over 150 markets in 33 countries. IBKR’s services include pre-trade compliance, real-time market-risk management and monitoring, lower costs with no ticket charges or minimums, and a suite of advanced trading technologies called IBKR BestX.

interactive brokers white label

The IBKR white branding process usually takes no more than two hours, except for statements, which may take up to 24 hours. In this article, we will provide a comprehensive guide to help you create your brokerage service with a white-label solution. We will explore the top white-label brokerage providers, guide you on selecting the right broker, evaluate available market solutions, and examine the benefits and drawbacks of white label brokerage. Whether you’re looking for information or references, or want to learn more about white label brokerage, keep reading to learn more. In this type of partnership, the partner company or individual operates the White Label Forex brokerage using their own branding.

#2 Saxo Bank

However, the monthly fees vary depending on the services requested and the level of customization needed to offer the desired services to clients. XOH Trader platform provides brokers with a customizable and modern front-end system, including advanced charting tools, regulatory compliance, and mobile capabilities. The xManager back-office system is designed to help partners manage their clients, monitor live trading activity, set up different trading groups and spread markups, commissions, and users. Partners can also access a mobile app for account management and real-time financial trading.

  • The WL supplier should be capable of delivering a solution that helps you acquire a specific niche.
  • White Label provider offering advanced Forex and crypto solutions, including MetaTrader4 and MetaTrader5, tailored for brokerages and exchange firms.
  • The best white-label trading platform will deliver a system that has optimal pricing, convenient customer relationship channels, easy-to-navigate menus, and other crucial features that you can only learn from experience.
  • Tradestation focuses on building its brand and attracting new clients, while Interactive Brokers handles the technical aspects of the platform.

Operational integration can be completed in weeks, allowing clients to expand their offerings quickly. A full-service investment bank with over 20 years of white labelling experience that provides advanced trading tools. With X Open Hub, becoming a Forex broker is easy and can be done in less than two weeks with their express start-up package, which includes a trading platform, an intuitive back office system, and access to their premier liquidity.

Stock Republic takes care of the engineering process, providing guided onboarding and best-in-class customer support. This frees up your team from the development burden, ensuring a seamless integration of the white label app into your existing infrastructure. This comprehensive support ensures a smooth implementation process and ongoing technical assistance. The app can be launched within weeks, facilitating a quick and efficient implementation process.

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses. Spot market opportunities, analyze results, manage your account and make better decisions with our free trading tools. Interactive Brokers provides the ability for Brokers and Professional Advisors to white brand the Contract Database on the IBKR website by entering information in Client Portal.

Additionally, B2Broker offers a multicurrency-denominated margin account to minimize volatile risks between clients’ equity and brokers’ equity, allowing client accounts in different currencies to be connected to one margin account. When integrated into white labeling, the platform’s features and benefits are still available to the broker’s clients, but with the added advantage of having the broker’s brand front and center. White-label solutions have singlehandedly lowered the barriers to entering the forex market.

Saxo Bank assists its partners with a pre-launch project management team, including design and architecture experts who can configure and implement the white-label solution. They offer both off-the-shelf solutions and tailored packages to meet specific business needs. Quadcode’s trading platform boasts an impressive 99.5% uptime and is designed as a comprehensive white-label package, simplifying the process of launching a fully customizable brokerage platform from scratch. Starting a brokerage service in today’s fast-paced world can be challenging, especially with the high competition in the market. Brokers must provide their clients with a range of services that meet their requirements to achieve success.