What does white label cooperation mean in general foreign exchange companies?

White label means that a trader provides IT services to another company that wants to become a trader, so that it can have its own LOGO, quote customers with its own trademark and become a trader.

White label providers help banks expand their existing gold and foreign exchange trading services and OTC online trading mode to all parts of the world through the Internet. In this way, banks do not necessarily need to open relevant business offices around the world.

White label providers will help existing brokers to expand from matchmaking trading mode to inquiry trading mode. White label providers provide stable background support for some existing foreign exchange tools (such as charts, analysis, software) providers and information service providers, so that they can provide customers with online foreign exchange trading quotations.

Extended data:

All-white label providers provide white label operators with regulatory registration, platform, stable quotation system (such as online quotation of gold, foreign exchange, crude oil, index and stock) and market channels on the company hardware.

These are very necessary support, especially market channels. This makes it unnecessary for white-label operators to compete with stable and profitable customers and speculative teams, resulting in large losses.

However, because the real market channel needs to pay a higher amount of regulatory registration fee (usually as high as more than $350,000), plus a lot of daily operating expenses. This makes most white-label traders choose traders with quotation mode such as CBDC as the channel for selling orders. Or directly hand over the single-throw service of the data center to such dealers.

In terms of company software, it also provides training for backstage, customer service, market development and other departments, as well as the daily workflow of regular traders. In addition, tax avoidance consultation is very important to the company's operation and so on. In this way, all white label operators don't have to worry about not knowing how traders operate.

Marketing packaging is one of the essential services provided by all-white label suppliers. Experienced company packaging team, through their successful case promotion experience, so that all white label operators do not have to worry about the important link of market expansion.

Baidu encyclopedia-white label