What are foreign exchange white label and main label?

What do foreign exchange white label and main label mean? Chinaforeign exchange marketIn the stage of rapid development, the number of foreign exchange trading clients has significantly increased, and some agents have begun to transform into brokers. Those who have already started their brokerage business should also continuously improve their own mechanisms to better serve investors. Choosing between white label or main label when starting forex brokerage business has become a question that many agents need to consider. Let's take a look at what foreign exchange white label and main label mean.

Foreign exchange main target:

The MT4 main standard is a complete system with full permissions, which allows for secondary development and the addition of risk control plugins, as well as supporting settlement backend. In terms of promotion, micro trading and other plugins can be added without any restrictions. But the cost of MT4 main bid is also relatively high, making it more suitable for experienced brokers.

Foreign exchange white label:DBG Forex

Foreign exchange white label refers to a trader providing IT services to another company that wishes to become a trader, enabling it to have its own logo and quote prices to customers under its own trademark, becoming a trader. The white label is often relative to the main label.

The white label of MT4 is a group that is separated from the entire MT4 system, with only usage permissions and no administrator permissions. Therefore, risk control plugins cannot be added for secondary development. The promotion and later development of the platform are also extremely limited, but the cost is low, the threshold is low, and it is easy to maintain, which can quickly face the market.

So according to the content introduced earlier, brokers who start trading on the MT4 platform in the early stages generally choose MT4 white label, as it has lower investment costs and can quickly enter the market.