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What to Look For in a Good White Label Partnership

May 15, 2010 Forex Articles No Comments

Online forex trading solutions are sought from a variety of brokers, money managers, and financial institutions, particularly smaller ones. One obvious option is to enter into a White Label partnership, however not all partnerships offer you the same deal.

When considering which online forex broker you should set up your white label partnership with, there are a number of important factors you should consider:

* Ensure you have a competitive and guaranteed remuneration structure, preferably one that pays you when you want it, not when they want to give it to you.
* Ascertain that the trading platform is user-friendly and ideally, technologically advanced such as MetaTrader4.
* Make sure you are not restricted with the number of accounts you can run simultaneously. MultiTerminal and MAM systems will allow you to trade several hundred accounts at the same time.
* Ensure the financial market is directly accessible.
* Seek a partnership that can offer you solid advice and support from their IT department regarding the development of your website.
* Ideally, your White Label Partnership will have middle and back office services available to you.
* Look for a more personal service where you are allocated your own account manager.
* Maintain that customer service be a priority and that communication remains available on a 24 hour basis at least 5 days per week.
* Finally, ensure that your White Label partner conforms to all regulations, is recognized by the appropriate institutions and associations for the regions in which they are trading and has full compliance.

Although it may seem like a difficult task finding a White Label forex services provider that offers all the above, they do exist. By taking the extra time to ensure that you have the best available option to offer your traders, you will ultimately benefit all the more….both financially and in terms of your reputation as an online forex broker.

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