"A white label product or service is a product or service produced by one company (the producer) that other companies (the marketers) rebrand to make it appear as if they made it." wikipedia
Explained on an easy rough way: The broker for example has the technology and everything ready, you just change the logo and some colors and create your own brand.
So the white label is for companies that want to offer FX as a service, but rather than setup their own feeds, use someone elses. So say you want to be an FX broker. You can be a white lable of IBFX. clients would open accounts with you, and deal with you, thinking you are the broker, but behind the scenes your feed, your liquitity etc is all done by IBFX.
So the white label is for companies that want to offer FX as a service, but rather than setup their own feeds, use someone elses. So say you want to be an FX broker. You can be a white lable of IBFX. clients would open accounts with you, and deal with you, thinking you are the broker, but behind the scenes your feed, your liquitity etc is all done by IBFX.
depends on where you setup - but most brokers charge you about $5k upfront and then something like $500 per month ongoing. compared to setting it up alone where its $100k for MT4 licence + price and liquidity feeds etc
