MT5 Main Label is the new White Label: All you need to know

Author: Anastasia Taganova

The recent market tribulations have caused the White Label market to undergo rather profound changes. One of the responses to the shifting environment has been the increase in Main Label solutions, also known by some as Prime Label. Tools for Brokers was one of the pioneers of the new product, and today, we’d like to tell you more about it.

White Label versus Main Label

Companies that may have qualified for a MetaTrader White Label in the past no longer get approved. To help clients navigate the changing market situation and to enable them to still launch and grow businesses, we’ve created MetaTrader5 Main Label.

Unlike with a White Label, where you share the host with other companies and get a fixed price for an environment you manage on your own, TFB’s Main Label product offers you a much more sophisticated experience.

The Main Label package you get covers everything you need to launch your MT5 brokerage. With a Main Label, brokers get complete onboarding and support, a powerful bridge solution, and built-in risk management tools to stay protected. The Main Label aims to provide a complete infrastructure for the broker to help them launch faster and grow exponentially.

What to know before launching a Main Label in 2024

Launching and running Main Labels in 2024 is very lucrative but also very complex. Here’s what you should keep in mind:

• The market situation is somewhat volatile in terms of rules, regulations, and available platforms. So, when launching, opt for less risky alternatives, even if it means dedicating more time or investing more before you start operating.
• Main Label can also be used for prop trading, allowing you to diversify risks through multiple business models. With TFB’s Main Label, there are several tools that you can apply to enhance your operations, such as the advanced StopOut solution, VWAP (volume-weighted average price) to fully immerse traders in the real-market simulation, and the A/B-risk tool for risk reduction.
• Before establishing your business, it’s advisable to run a market analysis to ensure you launch in countries with sufficient market potential that will outweigh the costs. Not all markets, even seemingly attractive ones, will be profitable.
• Technology is a priority. Brokers have known that for a long time, but it’s even more vital these days. Invest in tech and make sure you don’t compromise performance or security. It’s not worth the risk.
• The focus on client relationships is paramount. Those who offer onboarding, support, and incentives thrive, whereas those who see relationships with traders as purely transactional don’t do as well.

Trends for Main Label brokers in 2024

Tools for Brokers works with many brokers, WL and ML providers, and platforms. Here are our trend predictions for Main Label brokers for 2024:

• Toughening regulation and KYC rules that increase entry barriers.
• Higher compliance costs associated with more reports and rules being introduced.
• More reliance on AI and automation as the market becomes more fast-paced and less tolerant of failure.
• Integration of trading platforms and CRMs so traders have a single access point for convenience. 
• More broker companies merging to alleviate operating costs and mitigate risks.

Key steps in launching a Main Label in 2024 with TFB

Launching a Main Label with TFB is fairly straightforward. We are prepared to guide you and help with your questions. Anything you need, TFB will take care of it, either directly or through our trusted network of partners. 

Here are the key steps:

• Introductory meeting with TFB to better understand your goals and develop a strategic roadmap.
• KYC Assistance to ensure a smooth onboarding process.
• TFB partners assist with company formation, setting up essential infrastructure, such as bank accounts, LP, CRM, PSP, and generating reports.
• Arrange server hosting from start to finish.
• Arrange migration from the previous solution with our perfected algorithm that simplifies the process and makes it more reliable.
• Technical setup where TFB handles everything.
• Trade Processor liquidity bridge installation and configuration.
• 24/7 technical support is available to you throughout the use of our services to ensure the best performance.

For more information, you can visit our dedicated webpage with all the details.

Main Label with Tools for Brokers: Key Benefits

The MT5 Main Label offer with TFB is a unique solution for launching a brokerage.

Brokers get the broadest range of benefits that include but aren’t limited to

• Exclusive access to the server. No sharing with anyone else.
• More options with numbers of groups and symbols than are typically available to WL brokers.

Tools for Brokers provides:

• A dedicated Trade Processor bridge solution with risk management, reporting, and aggregation pools
• Free connection to the Liquidity of your choice (over 80, including Binance)
• Aggregated price feed (including Binance)
• MetaTrader 5 KYC consultation and assistance
• TFB technical services, including migration and setup
• 24/7 professional technical support and consultancy
• Ability to choose between STP, Market Maker, or mixed models
• Access to all TFB solutions (TFB PAMM, copy trading, bonus system, and risk management)
• Trading over the weekend with Weekend FX
• Multiple asset classes supported, such as Forex, CFD, and Futures