Cryptocurrency Broker White Label ~

WEB Trader Get it on Google Play
  • Post by Fintechee
  • Jan 18, 2020
Fintechee provides Cryptocurrency brokers with White Label which authorizes brokers to use Fintechee's WEB Trader

White Label

As a technology provider, Fintechee offers brokers a White Label, granting authorization to use Fintechee’s WEB Trader as a cryptocurrency trading platform. Fintechee’s WEB Trader consists of a frontend package and a backend package.


Overview

The frontend provides features for traders to engage in Automated Cryptocurrency Trading and Trading Simulation. The backend facilitates order router management, connecting with multiple liquidity providers through the FIX API Trading Platform—a feature known as the Price Aggregator. This functionality integrates with the FIX API Trading Platform to aggregate quotes from different sources.

The key advantage of entering a white label agreement with Fintechee is that A-Book brokers and Hybrid Model (A-Book & B-Book) brokers, partnering with us as white label associates, can access the lowest spreads between ask and bid quotes.

Having collaborated with more than 20 Liquidity Providers, we have tested connectivities with each of them. Funds Management Institutions have the opportunity to create a new broker by integrating their liquidity through our FIX API trading platform.

While we can assist in connecting you with our liquidity provider partners, it’s not limited to them. ANY liquidity provider can be connected via our FIX API trading platform, allowing you to specify your preferred liquidity providers as long as they support this kind of cooperation.

We have numerous partners assisting brokers in obtaining licenses for regulation under various jurisdictions, such as Cyprus, Cayman Islands, etc. Additionally, we collaborate with third-party payment gateway providers to manage deposit/withdrawal processes for brokers.


Business Model

A new broker can onboard by following these steps:

  • Establish a company in a chosen jurisdiction.
  • Sign the white label agreement with us to gain authorization to use our all-in-one trading platform.
  • Sign the Omnibus agreement with a liquidity provider to acquire liquidity (you can use your own liquidity provider).
  • The default payment gateway is a self-hosted server based on blockchain.

Features

Explore the introductions to learn more about the features of our product.


Liquidity Provider

Check this material to learn about the liquidity providers who cooperate with us: Liquidity Provider.


Specialties of Our Liquidity Provider Partners

Our liquidity provider partners each have their own specialties.

“LMAX,” “Swissquote,” and “ATC Brokers” provide FIX API based MAM and Shared FIX API that make introducing brokers white-labelable.

“FXCM” supports FIX API based MAM technically, but we need to wait for compliance approval.

We are in discussions with three additional liquidity providers that support FIX API based MAM.

“Exante” provides Cryptocurrency FIX API suitable for building crypto OTC brokers.

“FXCM” and another liquidity provider even offer a kind of FIX API connectivity that supports Spread Betting.

This ensures you can experience a unique trading environment only here.


Pricing

Features Main White Label(WL) White Label(WL) Other Plans
Brand
SDK Trading
Custom Indicator
Expert Advisor
Backtesting
Trading Simulator
Parameters Optimizer
Streaming Quotes
Historical Data Downloading
Multiple Accounts Management
Multiple Charts System(WEB Based)
Artificial Intelligence Integration
FIX Engine Shared with Main WL
Trade Positions Management
Order Router Management Shared with Main WL
Price Aggregator Shared with Main WL
RESTful API
Dashboard(Back Office, CRM)
Affiliate Enabled(3 Layers)
Tech Support
Hardware Shared with Main WL
Network Traffic Shared with Main WL
Monthly Tech Support Fees $500 $1500
Monthly Maintenance Fees $0 $0
One Time Installation Fees $0 $0
Monthly Volume Not Required Not Required
Liquidity Provider Not Required Not Required
Be Our Reseller Be Our Reseller Be Our Affiliate

New small brokers can derive several benefits from our services. Firstly, our payment gateway solution, based on blockchain, offers an option for brokers facing challenges in obtaining a bank business account for fund deposits and withdrawals. Additionally, we provide a monthly payment plan without charging a one-time installation fee, allowing new brokers to start up with less financial pressure and make regular payments.


Alternative Solution

We present you with an alternative solution that incurs much lower costs for building a trading platform for your brokerage business. It’s called Family Trader.


Why Choose Fintechee?

Our product is more suitable for new brokerages. Traditional trading platforms have high expenses, especially for new brokerages. In the initial stages, new brokerages often face low revenue but high initial investment. Failure to achieve expected rewards may lead to risks in the fund chain. Each year, new brokers are required to pay over $50k for the broker white label’s royalty fee. This cost excludes regulatory license fees and operational fees for the firm. New brokerages need to share resources; otherwise, they must bear all costs and risks, eventually transferring these costs to individual traders.

As market movements gradually shrink, cost proportions increase, affecting trader revenues. It is evident that this market needs a mechanism to maintain balance; otherwise, traders may avoid high costs and risks, potentially impacting liquidity if they exit the market.

An alternative product with features comparable to other platforms is an effective solution. New brokerages can save more money by paying significantly lower fees while receiving service quality equivalent to traditional platforms.


Cloud Services

We utilize third-party “Cloud Services” to deploy our trading platform. For more details, please refer to this page.