"Grey Labels” vs. Condor FX Pro - and How to Truly Own Your Brand
by
Grey labels come with a host of challenges for brokers, which can inhibit growth rather than help to accelerate it.
Grey Labels are a popular solution in emerging market countries as they provide a low-cost entry point, with more control over clients’ markups, spreads and leverage than a traditional IB relationship with a broker.
While the setup costs are traditionally low for Grey Label, the ongoing costs such as commissions, maintenance fees, and a lack of execution opportunities, become cost prohibitive.
Moreover, the transition from Grey label to White label is not always seamless, as certain technology providers make it more difficult to switch (clients) from a Grey Label to a White label.
In short, grey labels come with a host of challenges and headaches for new brokers, which in our opinion tend to inhibit growth rather than help to accelerate it.
The Condor FX Pro platform solves the problem for companies seeking an end-to-end White Label / Branded FX business solution at a low-cost entry point.
The state-of-the-art platform comes with a fully branded trading terminal, complete back-office with built in MAM and flexible access roles, web traders, mobile trader, and Liquidity provider gateway.
Additional customization is also available for brokers via our experienced in-house software development team.
Charting
Condor FX Pro allows the trader to trade completely from the charts. In Condor’s Premium Webtrader, the trader can open trades by right clicking on the chart and then drag and drop the resting orders directly from the charts.
With trade sizing on the flyclients can automatically set the perfect entry and exit amounts based on their own risk parameters.
Condor has three charting packages (proprietary charting in the downloadable Trading Terminal, Trading View charts, the world's most popular Crypto charting package, and premium charts with powered by ChartIQ as part of Condor’s Premium Webtrader offering.
Quotes and Execution Gateway
Condor FX pro has integrated with PrimeXM’s XCore and OneZero’s Liquidity Hub, which provides access to over 200 Liquidity Providers.
For brokers or clients with existing technology and liquidity arrangements, Condor FX Pro can seamlessly integrate within 24 hours and supports multiple asset classes.
CONDOR IS ALREADY CONNECTED TO THE BRIDGES BROKERS CURRENTLY USE. TRY A DEMO TODAY
With Condor Back Office, brokers can easily manage markups, exchange style three-tier margining, liquidity source, and execution type (A book or B Book).
You can buy the Source code!
Condor FX Pro provides options to brokers to purchase the source code. Firms can buy the source code and then customize it for their own needs allowing brokers to build their intellectual property.
Condor FX Pro provides this at a fraction of the cost compared to other development companies.
Custom & Steady State Software Development available upon request
Why Condor?
It is no secret that successful brokers such as FXCM, Plus500, and CMC Markets offer multiple platforms and intake over half of the flow on their PROPRIETARY technology.
As a result, at least half of trade flow is specific to their business – this increases customer loyalty and reduces customer churn.
Further, offering unique solutions to traders is a crucial point of differentiation when everyone else is offering the same.
Moreover, as a licensee or as an owner of source code, if you have unique and proprietary solutions for FX business, you can implement it on Condor FX Pro platform and be a game-changer and a leader in the market by offering a platform that nobody else has.
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.
Grey Labels are a popular solution in emerging market countries as they provide a low-cost entry point, with more control over clients’ markups, spreads and leverage than a traditional IB relationship with a broker.
While the setup costs are traditionally low for Grey Label, the ongoing costs such as commissions, maintenance fees, and a lack of execution opportunities, become cost prohibitive.
Moreover, the transition from Grey label to White label is not always seamless, as certain technology providers make it more difficult to switch (clients) from a Grey Label to a White label.
In short, grey labels come with a host of challenges and headaches for new brokers, which in our opinion tend to inhibit growth rather than help to accelerate it.
The Condor FX Pro platform solves the problem for companies seeking an end-to-end White Label / Branded FX business solution at a low-cost entry point.
The state-of-the-art platform comes with a fully branded trading terminal, complete back-office with built in MAM and flexible access roles, web traders, mobile trader, and Liquidity provider gateway.
Additional customization is also available for brokers via our experienced in-house software development team.
Charting
Condor FX Pro allows the trader to trade completely from the charts. In Condor’s Premium Webtrader, the trader can open trades by right clicking on the chart and then drag and drop the resting orders directly from the charts.
With trade sizing on the flyclients can automatically set the perfect entry and exit amounts based on their own risk parameters.
Condor has three charting packages (proprietary charting in the downloadable Trading Terminal, Trading View charts, the world's most popular Crypto charting package, and premium charts with powered by ChartIQ as part of Condor’s Premium Webtrader offering.
Quotes and Execution Gateway
Condor FX pro has integrated with PrimeXM’s XCore and OneZero’s Liquidity Hub, which provides access to over 200 Liquidity Providers.
For brokers or clients with existing technology and liquidity arrangements, Condor FX Pro can seamlessly integrate within 24 hours and supports multiple asset classes.
CONDOR IS ALREADY CONNECTED TO THE BRIDGES BROKERS CURRENTLY USE. TRY A DEMO TODAY
With Condor Back Office, brokers can easily manage markups, exchange style three-tier margining, liquidity source, and execution type (A book or B Book).
You can buy the Source code!
Condor FX Pro provides options to brokers to purchase the source code. Firms can buy the source code and then customize it for their own needs allowing brokers to build their intellectual property.
Condor FX Pro provides this at a fraction of the cost compared to other development companies.
Custom & Steady State Software Development available upon request
Why Condor?
It is no secret that successful brokers such as FXCM, Plus500, and CMC Markets offer multiple platforms and intake over half of the flow on their PROPRIETARY technology.
As a result, at least half of trade flow is specific to their business – this increases customer loyalty and reduces customer churn.
Further, offering unique solutions to traders is a crucial point of differentiation when everyone else is offering the same.
Moreover, as a licensee or as an owner of source code, if you have unique and proprietary solutions for FX business, you can implement it on Condor FX Pro platform and be a game-changer and a leader in the market by offering a platform that nobody else has.
FMAS:24 – Asset Allocation & Trading in a Lower Interest Rate Environment
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔