Advanced Markets, in cooperation with sister fintech company Fortex, announced the launch of their MetaTrader 5 White Label program, which is part of the “Start your own brokerage” packages and includes the distribution of liquidity to qualified institutional customers. Advanced Markets operates a 100% STP / agency model based on its FCA and AFSL licenses.
The offering will allow new market entrants who are looking to become Forex brokers to onboard and provide commercial access to the fast growing, and high margin, FX market space with cutting-edge technology from Fortex alongside 100% STP liquidity from Advanced Markets. Brokers are actively switching to MT5.Fortex’s contribution taps into its flagship MT5 Bridge OMX, the company’s primary gateway to MT5, which enables brokers who use the multi-asset platform to connect to external liquidity providers.
The white label progarm includes three different “Start your own brokerage”: “Fund Manager”, “Individual” and “Quick Start”. In addition to the MT4 brokerage packages, the service bundles are now also available on the MetaTrader5 (MT5) platform.
The “Start your own brokerage” packages by Advanced Markets & Fortex provide commercial access to the fast growing, and high margin, FX market space with its 24 hours-a-day revenue opportunity. New market entrants, who are looking to become Forex brokers, can now onboard and service their clients easily. Furthermore they can create their own revenue streams and leverage technology from Fortex alongside 100% STP liquidity from Advanced Markets.
Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex commented: “We have built great momentum in extending supreme Advanced Markets liquidity to MetaTrader5 over our flagship Fortex Bridge, OMX. As a result, we are ready to expand the offering with a line of MT5 White Label packages. With MetaTrader5, we help brokerages to tap into the potential of financial markets outside of FX and CFDs as well as enjoying more flexibility in settings, full market depth and a choice of net-based and ticket-based order execution.”
The leading institutional FX liquidity provider and Prime of Prime delivers aggregated Tier 1 bank, non-bank and ECN liquidity in FX, Metals, Energies and CFDs. The white label progam now includes a branded MT5 (and/or MT4) platform hosted in NY4 and HK3 Equinix datacenters.
In addition to the MT5 platform and its web version, the brokerage packages includes a Fortex MT5 (and/or MT4) bridge OMX and a Fortex XBook aggregator. Retail forex brokers that choose the White Label program will benefit from a net and ticket-based execution, full “depth of market” visibility, white glove customer service, access to no-last look liquidity from top FX banks and the proprietary back office tools, and a fully-fledged Fortex platform for clearing account management.
The experienced Advanced Markets team has already helped over 300 new FX brokers navigate the process of starting their own brokerages and choosing website development and marketing tools.
Last year, the joint venture between Advanced Markets Ltd and Fortex appointed former PrimeXM Raphael Ribeaucourt as Vice President of Institutional Sales, reporting directly to Natallia Hunik, Global Head of Sales at both companies. Ribeaucourt spent 8 years there as a Head of Business Development at PrimeXM and four years as Senior Sales Executive at Baxter Financial Services .