I S I T G O O D F O R B R O K E R S ?

Forex White Labeling

The Quick Catchup

White labeling began only a few years back

But a lot of traders & IBs are in already

Particularly

in South East Asia

So… What is White Labeling in Forex?

Prime Broker

Provides infrastructure & technology

White Label Broker

Retail Brokering(White Label’s brand)

Trader

Is it like franchising?

Yes, except…

A franchisee uses the parent

company’s brand

A white label uses its own

Okay.. Is it good for brokers?

Forex is no different from the rest of the world.

There are pros.

And there are cons.

That said, so many top brokers in the world have started off as white labels. Then, there must be something really GOOD about this?

It’s good, because…

White labeling reduces the cost of entry for new brokers

It’s good, because…

Variety for traders. Period.

You get customized

Trading conditions

Spreads

Commissions

And more…

It’s good, because…

Everyone benefited

Prime BrokerGets his share of commissions

White Label BrokerGets customers & commissions

TraderGets the trading conditions he needs

The downside…

Honestly, the low barrier to entry did a bit of mess here.

Some inexperienced brokers in town

We’re gonna start white label, coz we got enough

clients!!

But, guess what…

Mismanagement of such white labels causes heartburn to the traders

Providing white label requires knowledge, experience and the capability to run a brokerage.

Bottom Line

Forex white labeling is here to stay!

It’s great opportunity for brokers at low cost. Just,

Choose the right prime broker

Focus on the quality of customer service

Go Win the Market!

And get some of this for all your traders and for yourself.

Read this as a blog post at: http://www.cmigroup.co.nz/blog-detail/is-white-labeling-good-for-forex-brokerages.html