MetaTrader 4 also known as MT4, is a popular trading platform for forex market players. As one of the most established platforms in the market, it can be used to automate trading and provide information that a forex broker would need to trade.
Advantages of using MT4 White Label
- Features and Functionality
The forex trading landscape is fiercely competitive and to differentiate your offerings over the other contenders is imperative. Using a fully customisable platform with a wide array of third-party add-ons will allow you to customise the MT4 white label close to your business core.
In addition, the simplicity and proficiency of its user interface have gathered many positive user reviews, especially for budding forex players. Its extensive system of expert bots allows traders to gain invaluable advice and knowledge to navigate around the platform with ease.
- Low-Cost Forex Market Entry
As a platform trusted by brokers for many years, MT4 has an established pattern of trust. Additionally, as a new entrant, it is important to strike a balance between cost and growth and getting a ready-made solution packed with all the needed features can help conserve funds to be better utilised in other areas.
- Compatible with any Liquidity Provider
The MT4 White Label Program is compatible with any liquidity provider. This benefits a new brokerage greatly as you are able to switch to a different liquidity provider with ease even if it is in the midst of being serviced by other providers. The role of the liquidity provider is crucial for the health and success of your brokerage and this hassle-free feature allows you to choose the best provider that fits the bill for your forex business preference and condition.
- Cross-Device Compatibility
Besides providing flexibility in choosing your preferred liquidity provider, the MetaTrader 4 platform supports all platforms such as desktop, mobile, and tablet. Thus, using the MT4 white label solution will provide extensive interoperability that can allow traders to trade on the go. This ease of access is crucial to facilitate business growth.
As an individual or a group of investors wanting to start a brokerage entity, there are many considerations when it comes to choosing a platform to service your clients. At the start of a business, it is wise to leverage existing technology such as the MT4 white label solution and customise it for cost-savings. However, due to the complexity in forex brokerage, it is still wise to seek professional advice before embarking.
Spearheaded by one of the world’s leading management teams, our team of seasoned experts stationed in more than five cities across the globe, dedicated to providing brokerage formation solutions across different jurisdictions.
As a partner who grows with your business, Desfran provides a suite of business solutions which include new market entry consultancy services, new market requirements like business incorporation and registration, bank account opening, marketing services, and regulatory compliance, all of which can all be fulfilled through Desfran’s bespoke solutions. We continuously stay on top of trends and movements in the financial industry to help your business grow by identifying, maximising your business potential while providing comprehensive customised solutions.
Contact Desfran today.