There's no single published price for an MT5 grey label (gray label) — and there shouldn't be. Here's what actually goes into a quote, so you can tell a fair price from a stripped-down one.
Covers branding across desktop, web, and mobile, MT5 configuration on the shared server, and CRM provisioning. This is the cost you avoid the independent MT5 license for.
A monthly fee covering server infrastructure, CRM hosting, and operational support. Some providers add a per-lot or volume component on top — always ask for the full fee schedule.
Whether liquidity provider access is bundled or billed separately materially changes the total cost, and directly affects your spreads and execution quality.
Manager API integration, multi-tier IB module, and advanced reporting are common upsells — decide up front which of these you actually need at launch versus later.
See the full MT5 Grey Label Cost & Pricing guide for a detailed setup-vs-white-label cost comparison table.
The same handful of concepts get written a dozen different ways across the industry — here's what each term actually means.
A branded MetaTrader 5 brokerage that runs on a provider's existing, licensed MT5 server instead of your own independent license. Also spelled "MT5 gray label."
A branded MetaTrader 5 brokerage built on your own independent, dedicated MT5 server — full infrastructure control, higher setup cost and time.
The American-English spelling of "forex grey label" — a branded forex brokerage operating on a licensor's shared platform infrastructure.
Shorthand for "forex gray label," using the common industry abbreviation "FX" for foreign exchange — the same shared-infrastructure brokerage model.
The same model in a different word order — a forex brokerage running under a gray label arrangement rather than its own independent license.
The word-order variant of "MT5 white label" — a fully independent, brokerage-owned MetaTrader 5 setup with a dedicated server.
A forex brokerage with its own dedicated trading server and full platform ownership, as opposed to a grey/gray label's shared infrastructure.
The general, platform-agnostic term for a branded brokerage running on shared, licensor-owned infrastructure rather than its own independent license.
Because the cost depends on variables specific to your setup — CRM feature depth, liquidity provider selection, payment gateway coverage, and branding scope — a single published number would be misleading for most buyers. A scoped quote is the only accurate way to price it.
The underlying cost structure — setup fee plus recurring platform fee — has stayed consistent. What shifts year to year is which features are bundled by default versus billed separately, so it's worth asking providers what's included versus optional.
Not necessarily, but it's worth checking what's excluded. A lower headline price sometimes means basic CRM only, limited branding, or liquidity connectivity billed separately — compare full scope, not just the number.
The full setup fee and recurring cost breakdown, with a white label comparison table.
Read the GuideWhat to verify — including pricing transparency — before you sign.
Read ArticleHow cost compares across all three brokerage launch models.
Read ArticleNo fixed number until we know your CRM, liquidity, and branding scope — that's how you get an accurate price.
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