How to Choose a MetaTrader Grey Label Provider (Checklist)

Grey label is the quickest way to launch a forex brokerage on MetaTrader, but the provider you choose will affect your uptime, margins and ability to grow. Use this guide to compare providers and avoid the common traps.

Quick Recap: What Grey Label Gives You

You launch your brand on a provider’s shared MetaTrader infrastructure, without building a server or going through a full licensing process. If you are new to the idea, begin with what is MetaTrader grey label and how it works.

What to Compare

1. Total Monthly Cost

Look beyond the headline price. Ask about per-lot fees, volume charges, PnL sharing, setup fees, extra manager seats and add-ons for a CRM or client portal. Our plans start at $599/month for grey label only and $999/month for a full broker package, with free setup; compare them on the pricing page.

2. Included Software

Check whether a forex CRM, traders cabinet, website and Manager API are included or sold separately.

3. B-Book and Revenue Terms

Confirm who keeps the PnL. Some providers share or limit B-book. See A-book vs B-book.

4. Customisation and Branding

Can you set your own spreads, markup and commissions? Is the website branded to you? Can clients use desktop, iOS, Android and web?

5. Infrastructure and Uptime

Ask for server locations, uptime history, backup process and support response times. Downtime during a volatile market directly costs you clients.

6. Exit Path

If you grow, can you upgrade to a dedicated white label or full MetaTrader server and migrate your clients? A lock-in with no export is a serious risk.

Red Flags

  • Guaranteed profit or “no risk” claims
  • No clear contract, terms or company details
  • Unwillingness to describe where client funds and data sit
  • Vague answers on fees
  • No references, reviews or live demo

Regulatory Reality

Grey label lowers your entry barrier, but it does not remove your responsibility to follow the laws where you market and onboard clients. Take legal advice for your target countries. For the bigger picture see license cost by jurisdiction.

Provider Evaluation Checklist

  • Written price list with no hidden volume or PnL fees
  • CRM, portal and Manager API included
  • Demo environment available before payment
  • Defined go-live time
  • Upgrade and migration terms in writing
  • Support channel and hours confirmed

Next Step

Ready to compare us against your shortlist? Review our plans, see the full setup process or contact us.