Let’s talk about MT4 Grey Label and MT5 Grey Label platforms.
If you wish to start your Forex brokerage at a low cost? Grey label MT4 and MT5 are probably your best options. They come as the cheapest Forex software/servers, however, they function as efficiently as a white-label or Admin. MT4 / MT5 GreyLabels enable budding forex startups to kickstart their forex journey with the least investment and upgrade to white label/admin as their business grows.
The Grey Label platform or the ‘Generic White Label’ also known as Forex Grey Tag or Forex Sub-brokership, is the first step towards launching your Forex Brokerage business. We have actually revamped the Grey Label setups like that of MT4 and MT5-Whitelabel. We advise our clients to manage their B-Book Brokerage like that of an A-Book brokerage with Liquidity (only if they wish to) in order to manage the risks by using their own liquidity connection. This is the only way to sustain in the market for long with favorable goodwill. For doing so we can provide them with the relevant Forex Trading tools like Virtual Dealer, PAMM, trade Copiers, and so on.
In a Grey Label Manager, the user can set leverage, margin call levels, margin requirements, stop-out levels, spreads, swaps, commissions, and symbol contract sizes for their clients in accordance with their own marketing strategy. Besides this, with our robust TradeRoom, the user can set up 5-tier IB Commissions, affiliate links, marketing promotions, and so on.
It is generally advised to conduct business within the right legal framework. The Grey Label client can enter into an agreement with the MT4 white label holder. Thus, it will be easy for a Grey Label user to use the hybrid forex solution to grow their business. Additionally, having a valid agreement will provide legal cover for this type of business.
Metaquotes does not look very graciously at Grey Labels as most users tried to exploit it as a fraudulent game for a small monthly fee. But we are always happy to see genuine Grey Label users who work with reliable brokers and later on shift their clients to their upgraded white labels. We love progress. We have helped many people scale up from Grey labels to White Labels and Admins.