What is the genuine white label of MT4 and MT5? How much is the price? See the advantages and disadvantages of white label for details

Let's first understand what MT4 and MT5 white labels are:

In fact, white label is labeling. Based on the analysis of the white label characteristics of MT4 and MT5, many enterprises choose MT4 and mt5/mt5 mobile phone software from metaquotes and install them on their own network servers.

The Technology Co., Ltd. or foreign exchange dealer that shows MT4 and MT5 white standard service items will separate a part of the network server and hand it over to the partners of MT4 and MT5 white standard, and the enterprises of MT4 and MT5 white standard can have their own organization name, logo and other settings on the online trading mobile phone software platform.

The average price of MT4 and MT5 white label original installation (including authorization) is between $15000 and $30000. The monthly fee is $1000 for PC and $750 for app, totaling $1750 per month. It's money for midak enterprises. If MT4 and MT5 white standard platforms are professionally built, the functional requirements of each MT4 and MT5 are also different. This is because the main standard platform or building enterprise will have to pay 2000-5000 dollars.

Detailed description of the advantages and disadvantages of white label:

1. The functions of MT4 and MT5 white label platforms are relatively limited. The function limitation is a big difference between the white standard platform and the main standard platform. MT4 and MT5 white label platforms are limited in terms of background management authority management, function setting, product and service management authority, customer group volume, etc. In addition, if MT4 and MT5 white standard platforms want to upgrade their own system software, give IB a commission or subsidy or make some changes to their functions. It must communicate with the main bidding platform or builder. If the other party does not agree, some unique marketing plans cannot be implemented, and the customer's requirements cannot be met.

2. The business scale of the white label platform is relatively limited. The charging standard of the white standard service project is often related to the customer's business scale. Therefore, when the customer business scale of the white standard platform expands, a large amount of expenses must be paid for the white standard service project. In addition, if the business scale reaches a certain level, the main standard platform suddenly interrupts the cooperation, which will also make the white standard platform fall into a very common situation.

3. The white standard platform relies heavily on the main standard platform. The vast majority of the liquidity of the white standard platform comes from the main standard platform. If there are problems with the main standard platform, such as server attacks or price cuts, the white standard platform will also be harmed, which will inevitably cause customer dissatisfaction. In these aspects, the technical white label that connects the circulation dealers immediately is more relative.

Even though the white label platform is limited in so many regions, why do so many people choose to do white label? The key reason depends on two points:

1. The construction speed of MT4 and MT5 white label platforms is faster, and the maintenance in the middle and later stages is convenient.

The relativity of the white label platform is very easy to build and takes less time. If the customers and dealers have sincere cooperation, the basic construction of the white label platform can be carried out in about a month. In addition, the mid and late maintenance of the white label platform is also very convenient, including the solution of technical problems such as server rental, key points of trading, and trading platform configuration, which must be handled by the enterprise presenting the white label service project.

2. The investment of MT4 and MT5 white standard platform projects is low-cost.

Another feature of the white label platform is the low cost of capital investment, which is also its most important feature. For start-ups, the investment cost of many projects must be paid immediately to develop from artist brokers. In other words, they must have sufficient economic strength. In addition, if they do not understand the foreign exchange business and do not have a careful plan in the business process, they will suffer greater damage. If you choose to start your own business on the white label platform, you can start your basic business process with relatively less project investment. If you work with experienced traders, you can also get specific guidance on business services. Many large and medium-sized securities companies also developed on the white label platform, and there is a process of slow growth. The white standard platform can be changed into the main standard platform under appropriate circumstances.

MT4 and MT5 market building software integrates technical professional data information and simple practical operation, and is widely used by international investors and technical professional investors. At this stage, more than 70% of artist companies and financial institutions from more than 30 countries around the world choose to use MT4 and MT5 market software as Internet trading platforms, and more than 90% of the world's retail trading volume is also based on MT4 and MT5 platforms. By combining the three functions of market data chart, technical index analysis and trading function, MT4 and MT5 trading platforms can carry out different practical operations, such as order submission, compulsory closing, guided price order, stock stop loss, profit stop loss, query form and analysis data. Customers can also set stop loss price and profit price, without monitoring the market appearance every minute and second, and can also ensure greater rights and interests at the first time. Compared with other online trading platforms, it has ten positive advantages.