Thursday, 21 June 2012

Understanding Forex white label partnerships and agreements


The word Forex is actually a slang term which is used for purchasing and selling of foreign currencies and does not require a broker to purchase and sell stocks. Its popularity has literally exploded in an exponential way especially with the advent as well as the growth of the internet throughout the world. The major benefit of Forex is that you can trade throughout the day as the Forex market is open twenty four hours in a day and once you familiarize yourself with this market, you can further think about joining with a Forex White label partnership. White label is a product or service which is quite common in the financial sector, where the provider of the service purchases a fully supported product from another source and then further applies its own identity and brand to it, and sells it as its own product. The purchaser then assumes that the seller is selling their own product.

There are certain companies that offer you a great opportunity to extend your business with online trading solutions through Forex white label partnerships. Being a white label partner, you can offer your clients an advanced state-of-the-art trading platform under your own brand. When you join as a white label partner with any reputed Forex trading companies, you can expand your business with their world class suite of online products, traded on live streaming prices and supplemented with live breaking news, market information and research. Some of these companies also offer you a straight-through processing system which is especially designed for Forex partners worldwide. This system gives the trading partners, their branches as well as their customers a real time risk-free internet trading platform and also enables them to connect with the financial markets at a lower cost and supply an absolute real time online trading with an effective back office structure. 

White label agreement can be a perfect solution if:

  •      You want to offer a service but don’t sell it often enough to merit employing a full time resource.
  •      You don’t want the commitment of employing a permanent team or staff.
  •     You don’t want the costly overheads of having an in-house web team such as premises, hardware as well as on-going training.
  •    A specific part of the project is out with your capabilities.
White label agreements can be tailored to suit your individual needs as well as requirements. However, if you really confronting these above mentioned issues, then it can be a perfect solution.

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