MT4 White Label and White Label MetaTrader 5 trading systems may be purchased via UpTrader. To receive the more popular MetaTrader 4 version, a new business must secure an UpTrader White Label, since fresh copies of the program have been unavailable for
quite some time. Choosing the right MT4 or MT5 white label supplier for your new FX brokerage requires careful consideration.
- If you’re deep in the world of trading, or even just dipping your toes in the shallow waters, you’ve obviously heard of MT5.
- The good news is it does not cost too much — upwards $5,000 a month.
- If you wish to restore your whole platform to default condition, the ‘nuclear’ option is to re-install MT4 on your device.
- For each White Label, Metaquotes charges an upfront, flat fee of $5,000 and an additional monthly support fee of $1,750 a month (mobile and desktop version included in the fee).
- Creating new clients, executing deposits and withdrawal, observing live trading activity of your clients and viewing overall portfolio performance at your fingertips.
Demand for the new technology still just doesn’t beat that of MT4. And let’s be honest, you can’t really blame an entire population of traders for not jumping on the MT5 bandwagon. It’s clear that the vast majority of traders are newbs, and probably a less-suited fit. The MetaTrader 5 platform isn’t promoted to experienced traders by chance.
Besides 24/5 customer service with technical assistance, we also provide training & ongoing strategic advice to help grow your business. Metaquotes released MetaTrader4 (MT4) in 2005 which is used by most forex exchange brokers. In addition to IT infrastructure, we can offer legal services, business planning and website development. MT4 and MT5 rent for brokerage companies on profitable terms. UpTrader Invest is a White Label social trading platform which is fully integrated with MT5 and MT4 platforms. Starting from 2020, Metaquotes stopped selling MT4 licences.
This is often the case with the suitable MT4/MT5 WL solution package. It’s also accessible
and affordable, which is maybe the most crucial factor. Each of them has certain functions and features that will be interesting to both traders and brokers. The table below shows the characteristics and price information for both versions of the trading terminal according to the White Label model. We always recommend starting your brokerage firm with a White Label Forex solution.
For entrepreneurs looking at how to start a forex business, MT5 can be purchased both as a server license or through white label solutions. Both options come with certain advantages and disadvantages, so deciding which is the best fit for your needs entirely depends on your business’ specifications and long-term goals. In general, the cost of trading on the B-Book makes Brokers conclude that instead of paying for the white label, it is better to go “on their own” and become independent. In addition to the fee for white labels, technology providers also expect payment for their services and systems supporting white labels, such as the data feed, CRM, Client Office, etc. They often apply fees depending on the turnover generated by traders on the B-Book. Most of the providers on the market charge for the turnover from the very beginning, so the cost of the service can increase significantly.
New clients appreciate that they don’t need to bother with VPS thanks to One-click cloud cBot execution. CTrader provides new brokers with getting mini websites together with cTrader White Label. There are some reasons why traders prefer cTrader to other platforms. CTrader was created to bring institutional ECN / STP eFX execution to the retail FX / CFD space. Therefore having cTrader is a very reputational thing among traders.
For the sake of your business and your wallet, it is imperative that you properly evaluate all of your alternatives before launching an FX trading
business. Offer your traders access to an endless number of signals and indicators on the MT4 market. What’s worth noting up front is that MetaQuotes doesn’t provide White Labels for Brokers; to acquire them, Brokers need to contact technology providers. That’s why, in today’s article, we want to explain the advantages and disadvantages of both options. So that potential clients can understand the complexity of this matter and choose the option best suited for their needs.
The platform provides all the tools for financial trading – Technical and fundamental analysis, algorithmic and copy trading, and development of custom indicators and trading bots. As you can see, the potential customer must carefully consider what his needs are before making the decision. For some, the best option may be a possibility to start with a White Label offer (from a provider that will take care of the entire process of configuration, hosting, etc.).
Multicurrency based margin accounts allow brokers to minimize volatile risks between clients’ equity and brokers’ equity. Margin accounts can be denominated in any currency from the B2Broker liquidity, including cryptocurrencies. Client accounts in different currencies which are correlated to each other can be connected to the one margin account. BNB and BTC based accounts can easily work with BTC based margin account with minimal risk on volatility differences between these two currencies, as an example. MetaTrader 5 is a full-cycle system featuring all the necessary components for operating a brokerage business. The flexibility, ease of use and device compatibility are provided through the advanced trading components, which include the desktop, mobile and web terminals.
And although MT5 does have its advantages and unique features which are not found in MT4, some of the best Forex brokers and White Label providers are hesitant to purchase new licenses. Traders themselves aren’t jumping to make the switch either. They don’t want to lose the programming language that they’re familiar with.
With cTrader open source you can write your own trading application, allow clients to trade directly through the trading view, and much more. MT4 white label allows you to customize according to the needs of your brokerage. The platform capabilities can be further expanded with the MetaTrader 5 Application Programming Interfaces (APIs). The APIs can be used to customize MetaTrader 5 components, complement their functionality or integrate the entire platform with trading and post-trading systems. Due to the T4B solution, new brokers will be able to operate their businesses with the least amount of capital feasible. Our technical team will install and integrate all of your brokerage components.
Additionally, users may contact a personal manager through Leverate’s customer support department
24 hours a day, seven days a week. Importantly, the client can always transfer from a white label to the server and vice versa. It is not complicated and only requires transferring accounts and trades. We also provide support if a Broker wishes to switch from owning a full server to our White Label offer or the other way around. What’s more, we will transfer all of your previous platform data to the new server so you won’t notice any change and the database migration is already included in the package price. MetaTrader 5 automation is an alternative for plugins, which are very popular for MetaTrader 4 users.
The platform also provides full operative control of all open positions, orders, incoming requests and more. MT5 starts at $75,000 for 1,000 users and best forex white label solutions runs up to $300,000 for 200,000 trader accounts. Through a White Label solution provider, however, the costs of MT5 are diminished significantly.