How to Create White Label Trading Platform?
In this article, you will learn how to create your own White Label solution for launching trading platforms, what is needed for this, and how much it costs to develop such software. We will also tell you how to monetize such projects.
A trading platform is software that allows you to buy and sell various assets in the financial markets. Such assets can be fiat currencies, cryptocurrencies, securities, precious stones and metals, commodities, insurance policies, NFTs, access to something, etc.
When creating a white label to launch a trading platform, you need to decide:
Next, you will need to do some market research to understand what your potential customers and their target audience need. If you have the appropriate knowledge and skills, then such an analysis can be carried out independently. If there aren’t any, this task can be outsourced to a marketing agency or a full-cycle development company such as Merehead.
Here's how to find out what your customers and their target audience need:
Here's what you need to launch trading platforms:
Here's what you can do to secure your white label:
UX is the design of how your product interacts with users. When designing its structure and user paths, you should do everything in such a way that users achieve their goals with a minimum of interaction with the platform and have no difficulty in understanding what and how they should do. To avoid mistakes, pay great attention to user research, getting feedback and testing the UX of your white label.
UI is how your white label solution will be seen by its users. In our case, this means creating user interfaces for licensees and traders. All elements of these interfaces, such as colors, typography, graphics, images, videos and icons, should have a pleasing appearance and be styled within a single visual concept. At the same time, all design elements must have functional usefulness and be intuitive for users.
What is frontend? Source
Trading platform structure. Source
This is the last stage of the white label creation, during which QA engineers "catch" bugs and errors, test the platform performance, check that all operations are performed in accordance with the specifications, and the internal components are working properly.
#1. Decide on the type of platform
#2. Figure out your client's target audience
#3. Decide on the functionality of the trading platform
#4. Decide how to keep your platform secure
#5. Start developing a White Label solution
#6. UX design of the platform
#7. UI design of the platform
#8. Frontend development
#9. Backend development
#11. The cost of creating a White Label