MoneyMakingForex.com

Forex White Label Partners

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Some Good Candidates

Here are some good brokers who offer white label programs. I've listed them in the order that you should check them out. (I put who I think is best first, and so on and so forth.)

OandA.com

GainCapital.com

MigFX.ch

1800FX.com

Pretty much the websites just say that they offer a white label program and want you to contact them to learn more. In other words don't just contact them if being a forex broker is an idea that just came to you last week. They want only serious business people. So, how do you know if you're ready for to partner with a broker? Read on . . .

Before You Consider White Label

You need to be in business. For example,

Do you sell a trading product?
Even better, do you sell advisory service?
Do you have a brokerage business?

To be taken seriously, you need a list of customers. Of course that's good for you. With a list, you're almost guaranteed instant income, as some will switch immediately, and there you go.

Let's say you don't have a business, yet you recognized the financial potential of being a forex broker and want a piece of the pie. What should you do?

If You're Not Quite Ready

So you're not all set to set up your own white labeled brokerage house. Here is a four step plan to get you there. (As a side bonus, you'll make plenty of money along the way. Ready? Let's get started.)

1. Trade your own account profitably. This is the first step. Admittedly it is easier said than done, and many never even get this far. But it is doable. There is plenty of help on this site and elsewhere on the internet.

2. Get the word. After you have traded profitable and consistently for a duration of time, talk it up. Tell people you know. Set up a website (a professionally designed one, don't throw something up on geocities).

3. Start getting customers. Start selling your trading signals. If you really are good, word of mouth should really help you build your business.

4. Join with a broker and enjoy being paid twice by your customers. Once for the signal you sold them and once for the trade they executed. Furthermore, there is the money you made trading your own money.

That's the plan. Quick and easy? Perhaps not. But it will grow into a sustainable business that could very well make you wealthy, and where's the harm in that?