Ask five vendors what a white label brokerage costs and you will get five confident numbers that describe five different things. One quotes the platform license alone. Another bundles a CRM but not payments. A third quotes a monthly fee that quietly assumes you already have liquidity, a legal entity, and a sales team.

So here is the honest version: there is no single price, but there is a knowable structure. Industry estimates for a lean, offshore-licensed launch typically cluster somewhere in the tens of thousands of dollars up front — figures in the $30,000–$100,000 range appear across most vendor and consultancy breakdowns — while a mid-tier regulated brokerage is widely estimated at several hundred thousand dollars once regulatory capital enters the picture. The spread is that wide because “a brokerage” is really eight or nine separate cost lines, and each one has its own range.

This guide walks through every line, splits one-time from monthly, and shows what actually moves the total — including how the shape of the bill changes when the technology comes from one vendor instead of five.

The real cost components

A working brokerage needs all of the following. Skip one and it does not disappear; it becomes manual work or a launch blocker.

Trading platform license

The line everyone prices first. For MetaTrader specifically, industry estimates for an MT5 white label have typically run around $5,000–$15,000 in one-time setup fees plus roughly $1,000–$5,000 per month, with some breakdowns citing higher figures for larger packages. Two wrinkles matter in 2026: MetaQuotes stopped issuing new MT5 white label licenses directly in late 2022 — so most newcomers access MetaTrader through technology providers and existing license holders — and the company announced licensing fee increases taking effect from 2025. In other words, the most famous platform in retail trading has become harder to license and more expensive, not less. A full standalone MT5 server license is a different product again, generally reported to start in the tens of thousands.

Alternative platforms price differently — some charge setup plus monthly, some monthly only, some quote per active trader — but the structure is the same: a fixed entry fee plus a recurring platform bill. Our MetaTrader comparison covers the trade-offs beyond price.

CRM and back office

Your sales floor, compliance queue, and approvals workflow live here, and it is almost always a separate contract from the platform. Industry pricing surveys put entry-level forex CRM plans at roughly $500–$2,500 per month, mid-tier systems around $3,000–$8,000, and enterprise deployments well above that, usually with a setup fee on top that can range from about $1,000 into five figures. Watch the add-on schedule: per-client fees above a threshold, charges per additional platform integration, and paid modules for IB management or bonuses are common ways a modest headline price grows.

Client portal / trader’s room

The deposit, withdrawal, wallet, and account-management surface your clients actually touch. Some CRM vendors bundle it; others license it separately. Either way, treat it as its own requirement when you compare quotes — a “CRM” price that excludes the client-facing portal is not comparable to one that includes it.

KYC and verification

Identity verification is usually priced per completed check, so it scales with signups rather than sitting as a large fixed line. The real cost risk is integration: wiring a verification provider into your onboarding flow is a project, and switching providers later is another one. Ask any vendor how provider changes are handled before you sign.

Payments (PSPs)

The line new founders most often under-budget. Brokerage is classed as a high-risk vertical by acquirers, which industry guides say typically means transaction fees in the region of 2.5%–5%, setup and compliance fees, and — the part that surprises people — rolling reserves of roughly 5%–10% of processed volume held back for 90–180 days as a risk buffer. That reserve is your working capital sitting with a processor. Most established brokers also run multiple PSPs to cover regional gaps and card declines, and each additional PSP is another integration and another contract.

Liquidity

Your liquidity provider determines the spreads and instruments you can offer, and it sits outside the platform bill entirely: expect a margin deposit with the provider plus per-volume costs, on terms that vary enormously with your expected flow. No platform vendor’s quote covers this, and any that implies otherwise deserves a closer read.

Also outside the technology stack, and often the biggest swing factor in the total. Jurisdiction choice can move the budget by an order of magnitude — industry breakdowns commonly estimate lean offshore setups at a small fraction of what a mid-tier regulated license with capital requirements demands. Nothing a platform vendor sells changes this line; budget it separately and get proper counsel.

Staff and marketing

Sales, support, compliance, and dealing staff are recurring costs from day one, and several industry analyses argue the largest ongoing line item is not technology at all but client acquisition — IB commissions and affiliate spend in particular. Plan for it; a launched brokerage with no acquisition budget is a website.

One-time vs monthly: the two bills

It helps to sort every line above into the two bills you will actually pay.

One-time (launch): platform setup fee, CRM setup fee, PSP onboarding, legal and licensing, initial liquidity margin deposit, branding and configuration work.

Monthly (operating): platform license fee, CRM subscription, hosting and support (industry figures often cite roughly $2,000–$7,000 per month for hosted infrastructure at typical scale), per-check KYC costs, payment processing percentages and reserves, liquidity per-volume costs, payroll, and marketing.

The pattern worth noticing: the one-time bill is what vendors compete on, but the monthly bill is what determines whether you survive the first year. A brokerage that launches cheap on a stack with a heavy recurring cost per client can be underwater at exactly the moment it starts growing.

What drives the cost up

Four things move the total more than anything else:

  1. Jurisdiction. The regulated-vs-offshore decision dwarfs every technology line.
  2. Vendor count. Every separate vendor means a separate setup fee, a separate monthly minimum, a separate integration project, and a separate renegotiation when you grow.
  3. Integration work. Platform-to-CRM, CRM-to-portal, portal-to-PSP, everything-to-KYC. Each seam is billable work at setup and a fragility cost forever after.
  4. Add-on pricing. Copy trading, IB modules, extra reports, additional brands — on many stacks each is a paid extra. Price the brokerage you want in year two, not the demo you saw in week one.

How an all-in-one suite changes the math

Notice that drivers two and three are not about any single price — they are about structure. A stack assembled from a platform vendor, a CRM vendor, a portal vendor, a KYC vendor, and two PSPs carries four or five setup fees, four or five monthly minimums, and the integration seams between all of them. An integrated suite collapses most of that: one vendor, one contract, one data model, and no integration project between your CRM and your trading platform because they were never separate systems.

That is the structural argument for a complete white-label brokerage platform that ships the terminal, portal, CRM, and back office as one suite rather than a shopping list. Fewer contracts is not just less admin — it removes entire cost lines, and it removes the category of failure where two vendors each insist the sync bug is the other’s problem.

It changes the timeline too, and time is a cost: payroll runs whether or not you are live. An integrated stack turns launch into configuration — the reason a days-not-months launch is realistic on one suite and rarely is across five vendors.

What Altrogi includes

For transparency about what sits on our side of the line: the Altrogi Suite covers AltTrade (browser-based terminal and installable PWA with pro charting, one-click execution, copy trading with allocation models and auto profit-share, and built-in Grid, Martingale, and Reverse Martingale bots), AltCore (the client portal: fiat and crypto multi-wallets, 9+ payment rails, and built-in KYC with switchable providers), AltCRM (sales floor, lead funnels with scoring and auto-assign, maker-checker financial approvals, risk surveillance, and 14+ built-in reports), and AltOps (multi-brand operation from a single install, runtime theming, and tenant provisioning) — 30+ modules in one contract, with the IB program and growth modules as toggles rather than separately priced products.

On the platform-license line specifically, you have a choice: connect MetaTrader 5 or Match-Trader through our gateways and pay those vendors their license fees, or run Altrogi’s native engine, which carries no third-party dealing-server license cost — and the account types can run side by side under one brand. Two honest caveats: MQL4/MQL5 expert advisors do not run on AltTrade, so a client base built around MT5 EAs is a reason to keep an MT5 gateway in the mix; and liquidity, regulation, and marketing remain your lines no matter whose technology you run.

Altrogi publishes its pricing: the core brokerage plan is $1,500 per month and the full suite — including the casino, sportsbook, and investment verticals — is $2,500 per month, both with zero setup fee and no server costs. Brokers who already run MT5 or another platform can have Altrogi integrated around it on a custom enterprise plan. See the pricing page for what each plan includes, and compare it against the multi-vendor bill above.

FAQ: white label brokerage costs

How much does a white label brokerage cost in 2026? Industry estimates generally put a lean, offshore launch in the tens of thousands of dollars up front — commonly cited ranges run from roughly $30,000 to $100,000+ — with mid-tier regulated operations estimated at several hundred thousand once capital requirements are included. Technology is usually the smaller part; regulation and acquisition are the swing lines.

How much does a white label trading platform cost per month? For the platform license alone, industry figures for MetaTrader-class white labels typically cite roughly $1,000–$5,000 per month after a one-time setup fee, before CRM, hosting, and payments are added. All-in technology stacks assembled from multiple vendors are commonly estimated at several thousand dollars per month at the low end.

Is white label cheaper than building your own platform? For nearly every new brokerage, yes — building converts a recurring operating cost into a large fixed engineering cost plus a permanent platform team. The full comparison is in white-label vs building your own trading platform.

What costs does no platform vendor cover? Liquidity, regulatory licensing and capital, legal counsel, staff, and marketing. Any all-in quote that seems to include them is worth re-reading.

How much does Altrogi cost? Altrogi’s plans are published: $1,500 per month for the core brokerage, $2,500 per month for the full suite, zero setup fee, no server costs — see the pricing page. Book a demo and we will walk your specific setup through it.