Mt4 Gray Label | Mt4 White Label | Mt4 White Label Provider In India (2024)

FAQs

Is Meta 5 legal in India? ›

Using the MetaTrader platform itself is legal. Forex trading for Indian residents was legalized by RBI in 2008. Trading currency pairs, CFDs, global indices, commodities etc via regulated brokers on MT4 or MT5 is allowed under RBI guidelines.

MT5/MT4 White Label Cost

You do not need to pay anything for White Label, except for a monthly fee of $4000 or $5000 depending on the platform. This pricing already includes all expenses: server hosting, maintenance, technical support, etc.

The white label is the fact that the client customizes his platform according to its own specificities (e.g.: graphic identity – brand identity – colors – fonts). Grey labeling is the provision of the alf platform as it was originally designed, i.e. plug and play with certain limits to customization.

Trading Instruments Costs

Most forex brokers today offer access not only to the FX market but also to CFDs, derivatives, etc., so the more markets connected in the process, the higher the price of the final product. Overall, White-label forex brokerage setup costs might range from $35,000 to $100,000.

MT4 and MT5 have also been banned from Indian Google Play. The reason for the issue is not yet known. However, there is speculation that it has something to do with the recent actions by India's financial regulator to warn and crack down on unregulated brokers.

The two MetaTrader apps were banned on Apple's App Store in 2022 for their alleged use by fraudsters targeting the US citizens and residents.

In summary, white label Forex solutions offer full control over customization and branding, while grey label solutions provide a balance between customization and standardization.

MT4 Trading: Fees explained. Trading fees (Commissions) will be charged according to the notional value of the contracts being traded. Regardless of the order type, a flat trading fee rate of 0.03% will be applied for position opening and position closing.

The MetaTrader 5 cost of the WL license includes an initial fee of $5,000, along with a recurring monthly support fee of $1,750, covering both the mobile and desktop platform versions.

Grey Label forex trading refers to a scenario where a brokerage firm or financial institution provides a trading platform to clients under its brand name, but with certain features or services sourced from another provider.

What is grey labelling? ›

Gray-Labeling - What is grey labeling? Answer. Grey labeling occurs when: - A third party firm's service is distributed; and - The end user is aware of the third party company that is delivering the service via the distributor.

So black label products are high-end, exclusive products that are marketed to a specific target audience. White label products are typically lower-cost products that are sold under another company's brand name.

What is the White Label Forex Broker cost? Put simply, the cost of starting an offshore White Label Forex Broker is $7000-20000. It all depends on the jurisdiction, whether or not you want to acquire a Forex licence and the technology provider you choose.

The MT4 White Label solution is a turnkey infrastructure-based trading platform that is released under another company's brand on customised terms. The MT4 White Label solution offers access to many benefits, including cross-platform support, compatibility with liquidity sources and fast market entry.

Depending on the products you've chosen, white labeling can be a profitable business idea. Choose items that are in high demand, cheap to source, and have high profit margins.

Meta trader is just a trading and charting platform. You will require a broking account to trade on Mt5. International brokers tie up with Mt5 through which people trade in forex pairs. In India trading in forex with international brokers is not allowed.

While the exact reasons for the removal remain unclear, the prevailing speculation ties it to the Republic Bank of India's (RBI) stringent stance against unregulated forex trading. In November 2023, the RBI issued warnings to 75 unauthorised entities for operating without proper authorization.

The analysis includes apps like Zerodha, Upstox, Angel Broking, 5paisa, Motilal Oswal, ICICI Direct, HDFC Securities, Sharekhan, Axis Direct, and IIFL Securities. These platforms are not exclusively for forex trading but allow trading currency derivatives on NSE and BSE, the legal avenues for forex trading in India.

Transactions on recognised exchanges like the BSE, NSE, or MSE are permitted, but trading on unauthorized platforms is prohibited. Violations, such as trading in unapproved currency pairs or using illegal platforms, can result in fines up to Rs 10,000 per day, along with potential imprisonment for up to five years.