Comparison of
Business models

Compare business models at a glance. Identify the best solution for your requirements that perfectly aligns with your business strategy.

MetaTrader* 4 – MetaTrader* 5 Types of crypto liquidity Merchant - Enterprise Solution SaaS - Self-Hosting White Label - Source Code - Custom Development

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MetaTrader* 4 – MetaTrader* 5

MetaTrader* 5

MetaTrader* 4

MetaTrader* 5

MetaTrader* 4

features

Partial Order Filling Policies

Order Fill Policy

FOK
IOC
Return

FOK

Pending Order Types

Buy Limit
Sell Limit
Buy Stop
Sell Stop
Buy Stop Limit
Sell Stop Limit

Buy Limit
Sell Limit
Buy Stop
Sell Stop

Depth of Market

Exchange data

Time & Sales

Internal Email System

Account Types

Netting
Hedging

Hedging

Execution Modes

A-book (through paid gateways), Warehouse

Quotes Filtration

Exchange Trading

(through paid gateways)

Tiered Markups

Tiered Margin Requirements

Not available From the box

Trader Selected Leverage per order

Markup is Applying to Charts and Time & Sales Data, Individually

Integrations

Integrations with Makers

Gateway API
Server API
ManAPI

Taker integrations

MT* 5 Gateway for MT* server to MT* server connection

MT* 4 Gateway for MT* server to MT* server connection

Supported Markets

Forex
CFD Metals
CFD Indices
CFD Commodities
CFD Stocks & ETFs
CFD Bonds CFD Cryptocurrencies
Stocks

Forex
CFD Metals
CFD Indices
CFD Commodities
CFD Stocks & ETFs
CFD Cryptocurrencies

Platform Limits

Trading Symbols

Unlimited

1024 max

Security Groups

Unlimited

32 max

Trading Groups

Up to 200000, depends on the license type

Up to 100000, depends on the server load

Settings & Configurations available for White Label

Markup Settings, Configuration level

Min/Max Order size, Order size increment, Configuration level

Trading Mode Configuration level (Open/Close only/Closed)

Available trading instruments, Configuration level

Margin requirements, Configuration level

All clients, Group of clients

Tiered Margin, Configuration Level

Client selected margin requirements, Configuration level

Margin Call/Stop Out, Configuration Level

Order Routing, Configuration Level

Commissions, Configuration settings

Group of clients

Swap and Interest rate markups, Configuration level

Group of clients

Settings & Configurations available for license owners

Markup settings, Configuration level

Min/Max order size, order size increment, Configuration level

Group of clients

Available for MT* owners

Trading Mode Configuration level (Open/Close only/Closed)

All clients

Available for MT* owners

Available trading instruments, Configuration level

Group of clients

Available for MT* owners

Margin requirements, Configuration level

All clients

Available for MT* owners

Tiered margin, Configuration level

Not available from the box

Client selected margin requirements, Configuration level

Margin call/Stop out, Configuration level

Group of clients

Available for MT* owners

Order routing, Configuration level

All clients,
Group of clients,
Specific client.

Available for
MT* owners

Not available
from the box

Commissions, Configuration settings

Group of clients.

Available for MT* owners

Swap and Interest rate markups, Configuration level

Group of clients.

Available for MT* owners

Settings & Configurations available for license owners

Detailed Exposure monitor With Broker positions

Client NOP Only

Broker positions and orders monitor

Access to WL logs for White Label managers

05:58

B2Broker: An Overview of the Company’s Set Up and Support Service for MetaTrader* Systems

In this informative video, Conrad Simon, Dealing Desk Specialist at B2Broker, explains to viewers how the company’s Set Up and Support Service for MetaTrader* 4 & 5 systems works.

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Types of crypto liquidity

Crypto Spot

Crypto CFD

Perpetual Crypto Futures

Spot Margin

Futures

Crypto Spot

Crypto CFD

Perpetual Crypto Futures

Spot Margin

Futures

Commissions

High

Medium

Low

High

Low

Extra rollover charges for carrying position over time

Swap rates every day. Almost always negative for a trader

Funding rate multiple times a day. Not rarely it is positive for a trader.

Continuous interest rate

Ability to profit from recuring payments

Rarely but yes (from positive swaps)

Yes (with funding)

Average Volume Traded

Low

High

Low

High

Leverage

Short positons

Ability to choose different leverage

Depends on platform

Wide range

Limited but yes

Wide range

Potential to lose more than 100% investement

24/7 trading

Order book available

Limited

Can be traded along other asset types on one account

Exchange of actual asset

At Expiration

Available on exchange

Available with LPs

Coming Soon

Overall complexity of use

Very Simple

Leverage and swap rate management but overall easiest out of all derivatives

Funding rate and leverage management

Very simple but sound leverage management is required

Leverage and expiration management

Liquidity customization opportunities

Can include any liquidity including aggregated pool. Allows backups

19:40

FMLS 2021: B2Broker CEO Arthur Azizov Keynote Speech

B2Broker CEO Arthur Azizov’s recent keynote speech at FMLS21 spans across a wide range of topics starting with an overview of the expanding range of instruments now available for trading such as CFDs and perpetual futures. Arthur follows on with a discussion on Stablecoins and new blockchains that he is deeply knowledgeable about. He goes on to explore different models of aggregation and distribution of spot liquidity and concludes by sharing his insights about new technologies for Crypto payments and possibilities for using DeFI platforms.

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Merchant - Enterprise Solution

Fees & Pricing

Straightforward Fees and Pricing with greater Value!

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Comparing Solutions

CryptoCurrency Processing Solutions Comparison

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Minimum Deposits & Withdrawals

Check out our minimum deposits recommendations per currency

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45:24

Still Processing: The Future of Payments for Brokers and Beyond

This video sees CEO Arthur Azizov take his seat on the Still Processing: The Future of Payments for Brokers and Beyond panel on behalf of B2BinPay, the company’s crypto processing solution. In this session, Arthur joins in a discussion on how with soaring number of new investors entering the market and trading volumes shooting up, a robust and secure payments system is more crucial than ever.

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SaaS - Self-Hosting

SaaS

Self-Hosting

Comments

SaaS

Self-Hosting

Comments

Stability of deployment

High

Low

In order to ensure in-system stability after updating it, you will need a staging environment where all updates can be comprehensively tested before being released in production.

Speed of updates

High

Low

In SaaS, the vast majority of processes are automated. Providers’ engineering teams benefit from being able to unify updates for all clients at once, hence any problems resolved for one client is resolved for all. In the event of any trouble, fixing it usually takes longer for an independent team and self-hosting solution.

Costs for Hosting/On-premise

Low as the provider itself benefits from economies of scale for hosting the underlying infrastructure.

High because TCO usually includes 100% upfront and infrastructure maintenance costs.

SaaS model is usually built on a pay-as-you-go basis minimizing the final price that is actually being used by the client.

Costs for administration

Low, included in the standard price.

High, extra to the standard price. Unexpected expenses are possible in case of hardware breakdown.

The price of a SaaS solution includes development and support costs. Client is free from worries about additional costs. The self-hosting option implies the hiring of a development team to support the whole infrastructure and other additional expenses.

Speed of reaction to problems

High

Moderate or slow

A SaaS provider has a dedicated support team to react as fast as possible.

Product/Performance control

SaaS provider

Client

In case of a self-hosting solution, more controls may be available but keep in mind that additional responsibilities come with controls too.

Infrastructure security

Provider

Client

SaaS offers higher levels of infrastructure security compared to self-hosting as SaaS providers themselves often build an infrastructure using managed HA PaaS services.

Infrastructure costs

Low

High

Costs to set up and maintain the infrastructure.

Setup Speed

Fast

Slow

Time to Market is the lowest for SaaS as the client doesn’t have to think about the underlying infrastructure.

Support Efficiency

High

Low

It is difficult to understand the root of the problem if there is no "access".

Customizations

Depends on priority and importance, otherwise high

Moderate

Due to the established CI/CD process the SaaS provider can implement customizations quicker but it depends on the priority and importance of the sought-after customization.

Usage complexity

Fair

Depends

Usage complexity is more balanced with SaaS as the provider is in charge of underlying infrastructure.

04:36

Why does it take as long as 3-4 months to install a WL solution?

A series of questions in Q&A format received from current and potential clients posed by the B2Broker team to CEO Arthur Azizov with expert advice from the top for those looking to start a brokerage business.

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White Label - Source Code - Custom Development

White Label

Source Code

Custom Development

Outsourcing

White Label

Source Code

Custom Development

Outsourcing

Starting Cost

Low

For just the cost of creating a technical assignment, you can deploy a full-fledged WL solution and start working straight away.

Highest

Code buybacks and custom development are long and expensive processes. Time is needed to check through code and costs are usually higher

High

Custom development can be very expensive as the costs and man-hours involved in employing experienced talent are high.

Moderate

Outsourcing does not require significant funding as there are a lot of vendors that offer great deals in terms of developing the product for you.

Ongoing Cost (Maintenance)

Low

Effective WL maintenance requires the input of 2-3 developers per month.

High

You need to maintain an IT team and depending on which region you are located, it can be quite costly. The bigger the project, the larger the team and the higher the expenses.

High

Choosing a custom option is even more expensive in the long run as it involves the cost of retaining the development team after the main development is completed.

Moderate

There is a high risk of miscommunication and shifts in deadlines.

Evolution Speed

High

WL solution evolves faster compared with other methods as a larger development team means a lot more customers where thousands of requests can be dealt with efficiently. A single backlog aggregates many new ideas where innovative features get prioritized and implemented continuously.

Slow

After the initial development it may be difficult for the system to evolve. Failures in the planning stage or inner architecture may arise that will slow down the implementation of any new features significantly.

Moderate

Similar to the ‘Source code’ option but not as fast as using a WL solution as you don't profit from economies of scale.

Medium

Building from scratch is long, is always hard as apart from programming you need to get everyone to understand why they are doing it, you will need to be involved in everything to keep a steady pace.

Time to Market

Fast

Slow

Average

Customization freedom

Moderate

As long as B2Broker retains full knowledge about WL internals, we can implement almost any customization to existing solutions in the shortest possible time.

Highest

Capabilities will only be limited with your development budget as you own the codebase.

High

Allows for customisation as per individual requirements. However, advantages are negated by the cost of running your own development team.

High

Similar to the ‘In house’ option but may be more challenging due to possible miscommunication between the business and development team.

Customization and additional development cost

Low

Provides an optimal price/time combination as the B2Broker development team possesses full knowledge of the system.

Moderate

Customizations may be limited due to lack of understanding on how the code works.

High

Development may cost less as full-time developers work on a salary rather than on an hourly basis, whereas it is required for custom development and usually incurs additional payments just for improvements.

High

Similar to the ‘In house’ option but may be more challenging due to possible miscommunication between the business and development team.

Customization and additional development speed

Average

Development may take a little longer due to the number of WL clients and the need for a more urgent updates schedule.

Varies

Depends on your development team size and the level of the expertise.

Fast

The pace of development can be the highest possible due to a personalized delivery flow.

Fast

Similar to the ‘In house’ option but may be more challenging due to possible miscommunication between the business and development team.

Customization options (Flexibility of technology)

Moderate

More options available by default as the development team caters for the needs of all clients. Feature switching and customisation speed with ready made features are very high.

Varies

Customizations can be extremely challenging, especially if the source code doesn’t have integration and performance tests.

Varies

Often certain custom settings and features become tangible only closer to the completion of the project which dictates a development team may be required for the whole duration of the project.

Varies

Similar to the ‘In house’ option but may be more challenging due to possible miscommunication between the business and development team.

Branding options

High

B2Broker WL solutions support branding/rebranding by design which can be customised as per requirements.

Limited

Can be challenging as purchased source code is unlikely to be designed to support branding.

Limited

It is possible to customise your branding but additional costs can be excessive, especially if you decide to rebrand.

Limited

Similar to the ‘In house’ option but may be more challenging due to possible miscommunication between the business and development team.

Integration options

High

All existing integrations are available to all WL clients (subject to T&Cs). New integrations are added regularly and become available to existing and new WL clients (subject to T&Cs).

Varies

Depends on the availability of resources as specific technical skills are required. Cost can be high.

Varies

Fewer integrations are possible due to high costs. Each integration has to be developed individually and in many cases from scratch.

Varies

Similar to the ‘In house’ option but may be more challenging due to possible miscommunication between the business and development team.

Security options

High

For just the cost of creating a technical assignment, you can deploy a full-fledged WL solution and start working straight away.

Varies

For just the cost of creating a technical assignment, you can deploy a full-fledged WL solution and start a business straight away.

Varies

For just the cost of creating a technical assignment, you can deploy a full-fledged WL solution and start working straight away.

Varies

For just the cost of creating a technical assignment, you can deploy a full-fledged WL solution and start a business straight away.

Easiness of operations and management

High

Ready-made functionality. UX optimization for both end customers and admins and staff. For the WL provider, the client is the project and all nuances are taken into account both on the front end and on the back end.

Varies

Depends on the capacity of your development team and the quality of the system design you inherited from the previous source code owners. For this reason, the risk of bugs in production can be very high.

Varies

The lack of experience in gathering technical requirements may lead to incomplete or even incorrect designs which can greatly increase the total cost if problems are found only after the product launch.

Varies

You will need to decide whether or not to keep the development team after the product is implemented. You’ll also need to consider that the annual maintenance fees can reach up to 15-30% of the software cost if you require ongoing maintenance.

Intellectual Property Rights

Full ownership