Foreign exchange brokerage is an age-old way of moving foreign currency through legal terms; many and many brokers join the trade every day.
So, a Foreign Exchange brokerage is firms that allow trading of two currencies.
Similarly, there are many platforms, but only a few provide you will all the internal tools and IT support you need.
What is Mt4 White Label Solution?
There is a way that I can explain this without getting technical. Do you know how you see store labels on products?
It means they are individual products that can be sold with a label of your own. And, MT4 allows you to do that with the foreign exchange brokerage.
Have a quick look at the funnel of how MT4 white label solution works for individual and foreign exchange brokerage firms.
If you see carefully, the MT4 ecosystem works best for brokers who are looking for their brand and platform to buy and sell foreign exchange. With proper roles assigned and mobile terminals, brokers can have access to your buy/sell platform on any device, making use of a server that is chosen by over 90% brokers around the world.
Why Use Forex Platforms?
Many forex platforms will develop their trading software, but with MT4 White Label Solutions technology, you get additional stock info, CFD’s, and currency pairs. Think about this; it is like a startup pack for brokers who want to start from scratch but don’t want to invest behind designing their software, which might we say comes with a very hefty price.
How MT4 White Label Solutions Suit, Independent Traders?
Individual trading is not secure, especially when you are doing it in a pool of professionals. But, such personalized platform packages with customized tools and CRM systems you can control and have full coverage on your brokerage platform.
You will build your very own brand and control the details as per your business model.
The Future of Forex Trading
The future of Forex lies at the ease of how traders can exchange and sell. With more and more independent forex traders and brokers looking to have their brand, the MT4 technology has the following advantages.
Also, changing for the future of forex exchange is going to look like;
In-breed forex exchange platforms come with a lot of software details and nitty-gritty. Now, brokers everywhere can have a chance at having their brand and tailored functionalities without having to be numb through scores of technical information.
Zero development costs for forex brokers, meaning they spend more on making money for their business. MT4, while label solutions come with a tailored and end to end finished product.
Control Multiple Client Accounts
Controlling multiple client accounts as a new forex broker is hard. Still, many MT4 label providers will let you take advantage of the MT4 ecosystem while having access to all your client accounts with one brand name and identity.