The establishment of a white label platform is not a simple matter. From registration to completion to later services, it involves many details. These details often determine the quality of a white label platform.
Since complete white label is the most complex construction process and the most trusted method of white label construction in the market, let’s take complete white label as an example to explain the process and details of white label construction: Step 1: Register an overseas company
The creation of a white label company from scratch usually starts with the registration of the company. The white label company needs to have the qualifications to operate overseas.
Notes: The registration place of a white label company can be selected from countries and regions such as the United States, the United Kingdom, Hong Kong, and New Zealand, or some offshore islands such as the Cayman Islands and Vanuatu. The choice of registration location involves issues such as obtaining regulatory licenses.
, policies and taxes are also different, and you need to choose carefully.
Step 2: After the MT4 platform application company is registered, you need to submit an application to MetaQuotes. Generally, you are required to provide three certificates of overseas companies, legal person account, LOGO, website domain name and other materials. The genuine MT4 software includes PC and web pages.
White label companies only need to rent MT4 software and do not have admin rights.
After applying for MT4 software, the white label company can build its own brand client, which can have multiple backend management and groups.
Notes: You must choose genuine MT4 software. In addition to infringing intellectual property rights, pirated, cracked, and green versions of MT4 are also prone to jamming, disconnection, slow data update or even failure to update, etc., which will seriously affect the reliability of the platform.
Trustworthy, it is easy to lose customers.
The MT4 platform has strong professionalism. For the genuine MT4 platform, MetaQuotes will be responsible for providing training, problem consultation, 24-hour technical support and other services.
Step 3: Set up the server. After the MT4 application is completed, it is time to set up the server. At the beginning, the white label company can host the company and share the server, which can save upfront costs.
After you have a certain number of customers (usually 3,000 real customers), or when there are special programmatic software requirements, you can also set up the server yourself.
Notes: For a broker or white label company, the quality of the server is very important, which involves the user's transaction speed and financial security, so the server location (usually overseas, such as London, Japan, etc.) and bandwidth and stability
Issues such as these require strict requirements.
A complete platform should include simulation servers, real disk servers and backup servers. It is best to set up remote disaster recovery backup servers to prevent natural disasters from affecting the stable operation of the platform.
Step 4: Connect with liquidity. Liquidity in the foreign exchange market is mainly provided by major international banks, hedge funds, large brokers, etc. White label companies can cooperate with main label companies or directly connect with liquidity providers.
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It costs a lot to connect to liquidity alone and obtain low spreads, so most white label companies choose to use liquidity with the main label, and the main label charges transaction traffic fees.
Different brokers or liquidity providers offer different quotes and services, and white label companies can choose according to their own needs.
Notes: The liquidity of white label companies comes from the connected brokers or liquidity providers, so you need to find a supplier with good liquidity. The better the liquidity of the other party, the better the quotation. It is best to choose an international supplier.
Well-known large institutions.
Step 5: MT4 clearing bridge construction Since the MT4 platform is a platform built for market makers, bridging providers can provide MT4 bridging technology for white label companies and put the positions within the system (customer orders) to the liquidity provider.
deal with.
Notes: Only with the clearing bridge can the STP model exist. The MT4 white label solutions provided by some professional platform construction institutions will include the MT4 clearing bridge function. White label companies do not need to apply for installation and debugging separately.
Step 6: Website establishment and CRM system A professional website is the "face" of a company. White label companies also need to develop a foreign exchange financial website with powerful functions. The website must be multi-lingual and support account opening, deposits and withdrawals, agents and other functions.
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Website management generally uses a CRM system. CRM refers to an integrated program with functions such as online submission of automatic deposits and withdrawals, user management, trading account management, interactive management, and customer settings.
Notes: A professional foreign exchange website needs relatively complete functions, and the layout should be as concise, clear, and standardized as possible to facilitate user use.
Step 7: After the third-party payment and integrated website are established, you need to prepare information and select a third-party payment partner. Fund security is the most important. There is generally no limit for overseas third-party payment, and there is generally a limit of 50,000 yuan for domestic payment.
limit.
Through payment integration, third-party payment can be connected with CRM, website backend, agency backend, MT4 and other links.
Notes: White label companies must choose to cooperate with domestic or cross-border companies that hold payment business licenses to ensure the safety of users' funds.
(High scores seek professional-specific advice)