Starting a Forex brokerage is in itself an exciting venture to pursue, with many challenges involved in choosing the platform to exercise. For many brokers, it often boils down to two powerful platforms: MT4 (MetaTrader 4) and MT5 (MetaTrader 5). The good thing about the two options is that both of them are offering you white-label solutions, whereby you can simply create your own branded version of their platform and begin offering forex trading services–nearly without any technical development.

What is a white label solution?

The trade event is branding a ready-made solution platform as their own. It is a cost-effective and time-saving means. There is no need for a custom solution when you can work with a vendor who already has the infrastructure in place. You insert your branding, apply some basic configurations, and you’re off. The solution is perfect for a Forex broker wishing to enter the trading business without heavy upfront costs.

Both white label options provided by MT4 and MT5 have established themselves as favorites among Forex brokers worldwide. But there are clear differences between the two platforms.

MT4 White Label Solution: The Veteran

1. Popularity and Familiarity

MT4 has been around since 2005, and it remains one of the most popular platforms in the forex trading industry. It has a strong legacy, with millions of traders using it globally. The MT4 white label solution is widely available and is known for its ease of use.

• Pros:
  
  • User-friendly: MT4 is very intuitive, making it a great option for new traders.
    
  • Wide User Base: Since it’s been around for years, many traders are already familiar with the platform. This familiarity can be beneficial for a new brokerage.
    
  • Custom Indicators: MT4 supports a wide range of custom indicators and expert advisors (EAs), which traders can use to automate their strategies.
    
• Cons:
  
  • Limited Features: Although MT4 is excellent for forex trading, it lacks features for other asset classes, such as stocks and commodities. It’s also missing some advanced charting tools and order types that MT5 offers.
    

MT5 White Label Solution: The Next Generation

2. Advanced Features

MT5 is the successor to MT4, launched in 2010, and it brings a range of advanced features that make it suitable for brokers looking to offer a more robust trading experience. It’s also designed for trading a wider variety of instruments, not just forex. In addition to forex, MT5 supports stocks, futures, and CFDs.

• Pros:
  
  • Multi-Asset Support: MT5 allows brokers to offer a range of markets, including stocks, commodities, and cryptocurrencies. This makes it an attractive option for brokers who wish to diversify beyond forex trading.
    
  • Advanced Charting: MT5 comes with more advanced charting features, including 21 timeframes, more technical indicators, and greater flexibility for custom indicators.
    
  • Improved Order Types: The platform includes additional order types like buy stop limits and sell stop limits, which are essential for more sophisticated trading strategies.
    
  • Faster Execution: MT5 also offers better trade execution times compared to MT4, making it ideal for traders who want speed and precision.
    
• Cons:
  
  • Learning Curve: While MT5 is more advanced, it may have a steeper learning curve for beginner traders compared to MT4.
    
  • Lower Familiarity: Since MT4 has been around longer, MT5 has not yet reached the same level of familiarity with the global trading community.
    

Key Differences Between MT4 and MT5 White Label Solutions

3. Asset Class Support

• MT4 is predominantly used for forex trading and doesn’t support other asset classes like stocks or commodities.
  
• MT5 offers a much broader range of financial instruments, making it a good choice for brokers who want to diversify their offerings. You can trade forex, stocks, futures, and even cryptocurrencies, all on one platform.
  

4. Charting and Technical Analysis

• MT4 provides basic charting features with up to 9 timeframes and 30 technical indicators.
  
• MT5 enhances these features with 21 timeframes, 38 technical indicators, and more drawing tools, making it a better choice for professional traders and those who rely heavily on technical analysis.
  

5. Order Execution and Speed

• MT4 has good order execution speeds, but it’s generally not as fast or reliable as MT5.
  
• MT5 is built with faster execution in mind. It also offers improved trading depth and market liquidity, making it a better choice for brokers who want to offer tight spreads and fast execution times.
  

6. User Experience

• MT4 is simple and easy to use, which is why it has remained a favorite among retail traders.
  
• MT5, while more advanced, can be overwhelming for beginners. However, for traders who want more sophisticated tools, it’s a much better choice.
  

Which Solution Should You Choose for Your Forex Brokerage?

Choosing between an MT4 white label and an MT5 white label ultimately depends on your business goals and target market. Here are some considerations:

7. Target Audience: Beginner vs. Experienced Traders

• If your forex brokerage is targeting beginner traders, the MT4 white label solution might be the better option. Its simplicity and familiarity will likely attract new traders who want an intuitive platform to start trading.
  
• For experienced traders, especially those interested in multi-asset trading or advanced features, the MT5 white label solution will provide the necessary tools for technical analysis and faster execution.
  

8. Market Diversification

If you want to expand beyond forex trading, MT5 is the better option. With its ability to trade stocks, commodities, and other instruments, MT5 allows brokers to offer more diverse financial products, which can attract a wider range of traders.

9. Cost and Setup

While both MT4 white label and MT5 white label solutions require an initial investment, MT4 tends to be slightly cheaper to set up due to its established nature and lower infrastructure demands. MT5, being more feature-rich and technologically advanced, may come at a higher cost but offers more value in the long run, especially for firms that plan to scale quickly.

Conclusion

Launching a forex brokerage in 2025 requires careful consideration of which platform to use. Both MT4 white label and MT5 white label solutions offer distinct advantages depending on your goals.

If you want to focus on forex trading and offer a simple, well-established platform to your clients, MT4 white label is the way to go. On the other hand, if you’re looking for a multi-asset platform with advanced features and faster execution, MT5 white label might be the better choice for your brokerage.

Ultimately, your decision should align with your target audience, trading strategies, and long-term goals. Either way, both MT4 and MT5 offer robust platforms that can help you launch a successful forex broker business in 2025.