Planning to start Forex Brokerage at low cost? MT4 & MT5 Grey Label can be your best option. They come as Low Cost Forex Software but work perfectly great. MT4 & MT5 Grey Label Solution helps aspiring forex brokers start small at low cost and scale up as the business grows. Grey Label platform, also known as “Generic White Label“ is the first step of starting a small Online Forex Trading Brokerage business. Basically people believe that Grey Label is nothing more than a manager account belonging to a White Label provider with special groups set and run a B book forex business. Also people believe that it is risky tool that shut down service at any time.
As MT4 & MT5-Whitelabel, we redefined Grey Label Platforms. We recommend our partners not to take only manager and run B-book forex broker but Grey Label partner may use their own choice liquidity connection to forward their book risk easily. Grey Label user may also set his clients leverage, stop out levels, margin call levels, margins and symbol contract sizes as per their own business policies. Grey Label user can have different kind of agreements which can be decided according to user need and possibilities. By this way, Grey Label user will enjoy a hybrid forex solution easily and grow their business. Also having a partnership agreement with MT4 license holder will give a legal umbrella for this type of business. Of course, MetaQuotes don’t look favorably Grey Labels who uses it for fraud purposes with a small monthly fee. But user of Grey Labels which works under reliable brokers and license holders are always welcome.