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What Makes FX White Label Broker Services Stand Out?

The popularity of FX White Label is increasing day by day. Many brokers are taking advantage of this trend and trying to make profits out of it. Some of them also try to provide a unique service by enhancing an existing brokerage firm’s capabilities. However, all these services can be offered only by an FX White Label firm with its technological infrastructure and software.

The first and foremost requirement is a well-developed web portal that is customizable according to the customer’s requirements. The portal needs to have a user-friendly interface that is capable of receiving and sending electronic newsletters. It also has to support multiple currencies and multiple trading pairs. The software also needs to have a fully-featured platform for real-time execution of trades in multiple currency pairs.

Apart from a properly functioning web portal, any FX White Label brokerage firm’s best features need to include the ability to customize trading styles and strategies according to the customer’s requirements. An ideal software provides this flexibility by allowing the trader to switch between various trading styles and plans. This feature makes it easy for a beginner to start trading on a small scale. Once the trader advances and gains more experience in trading, he can switch to more aggressive trading plans and make better profits.

Some of the other features available with the best quality FX software are entering/exit positions without needing to possess in hand the relevant trading account. This feature is very important in Forex Brokerage. With a standard brokerage account, you need to keep all the trading instruments involved in your trade. This is because you need to have access to them at any given time for managing your investments. This is impossible with the use of the software as you can simply exit or enter a position without having to stay at your computer for hours.

Many FX brokers provide additional tools for managing FX White Label trading accounts, such as real-time market news and analysis. This helps to reduce the risk of human error in daily trading activities. The tools provided for these additional services are usually offered as part of a bundled package, and hence the users need to pay only for the features they want. Most brokers have now started offering hosted trading platforms that allow brokers to have access to their private trading platform even while sharing one primary server with multiple clients.

While choosing between different FX trading platforms, make sure that you evaluate the amount of processing power, user-friendly interface, and other important features that the software offers. You must also consider the scalability of the trading platform and be able to upgrade or downgrade the platform at any point in time in order to get the most out of your FX White Label brokerage software.