The global COVID-19 pandemic, has greatly increased the number of participants in the online foreign exchange markets, as a result, we have seen an increasing number of startup brokerages. The MT4 White Label trading platform remains to be the most sought after and cost effective for these startups. Many new white label applicants always assume that MetaQuotes would approve very easily so long they paid their setup fees. This however is not true. This article touches on typical information needed for getting MT4 White Label Application approved.
The applicant must first be an entity that is legally eligible to carry out the business. The KYC documents must belong to the Director and Shareholders of the applicant company, and upon application, all this information must be stated clearly in the white label application forms. The information must be clear, and all personal information has to be similar to what is stated in the applicants’ passports or personal identity documents. The application process also require that the applicant show proof of ownership of their website’s domain name, provide a physical address where the applicant is running their business, provide valid contact email address and phone number so that applicants could be reached, different variation in .ico format and splash logos for upload to display on your white label platform, and prepare for further information at MetaQuotes request.
Before getting the MT4 white label application approved, MetaQuotes will double check to ensure all information submitted are proper and validated, any misappropriated or missing information would result to delays or even rejection if MetaQuotes find the applicant looking inappropriate or dodgy. If you are considering to apply for a white label trading platform any time soon, please be prepared that the above criteria must be met. Reach out to us for an in-depth understanding, click here to consult.