A Forex White Label – 3 Reasons You Shouldn't Start One!

https://www.introduceforex.com/forex-white-label-guide/ – A Forex White Label – 3 Reasons You Shouldn't Start One!

Starting a Forex White Label is no walk in the park. In fact, this video focuses on three (3) reasons you should not start a white label forex business.

This topic is one of the main sections of our unique white label guide on our IntroduceForex.com website (you can access the guide on our site using the link above).

It's not that we're trying to discourage you from starting your own business in foreign exchange. It's that we don't want you to waste your time. We have seen too many unprepared businesses throughout the last two decades waste plenty of time and money by venturing into FX. If they would have paid attention to the three reasons we cover on this video, they wouldn't have happened.

No Money to Start a White Label

Running an MT4 White Label under your own brand costs money (upfront and monthly). If you don't have at least funds set aside to cover the basic costs associated with the trading platform, don't waste your time with a white label brokerage business.

Furthermore, platform branding fees are not the only expenses you will have; so make sure that you're monetarily ready before you get started (a temporary and viable option is for your organization to operate as a Forex IB [introducing broker] until you're ready to move forward with a white label solution).

No Experience in Forex

A Forex Business is a unique animal. Don't think that because you have made other businesses successful, you'll do the same in FX. All the funds in the world won't help you if you manage your white label poorly due to a lack of experience and knowledge.

Learn what running a Forex business involves before jumping in the white label pool (we'll explain all of this in detail during our initial consultation. If you don't have what it takes to run a white label business, we'll show you how to gain the necessary experience).

No Value to Offer to your White Label Customers

Money + FX Experience + No Value is not a successful equation in the Forex White Label world. Out of all three factors covered so far, “value” is the most important. Starting a white label business without it will not make you very competitive and will increase your chances of failure.

Whether it's education or managed account services, you need to make a list of the incentives you plan on offering your clients to open accounts with your firm. We don't recommend that you get started without a clear list of value-added services.

Make sure that you get the Money, Experience and Value related issues taken care of before even thinking about a White Label.

If you found this video helpful, please remember to like it and share it on social media. Feel free to add your comments below as well.

Request more info below about Starting Your own White Label:

https://www.introduceforex.com/ib-white-label-form/

Видео A Forex White Label – 3 Reasons You Shouldn't Start One! канала Introduce Forex