Short answer
A brokerage trading platform is either rented by the month or built. Some vendors publish the rent: Match-Trader from "$2500 per month" for a white label and "from $5000 per month" for a server licence,[1] TradeLocker "$5,000 / per month" for 1,000 live accounts,[4] Sirix €1,490 or €2,990 a month before add-ons,[5] B2TRADER "Starting from $2,500 / mo".[6] MetaQuotes, Devexperts and Spotware publish none.[7][9][10] A build has no list price because the same words cover projects that differ several times over in size: what moves the number is scope, execution model, liquidity connections, client surfaces, back office, market data, reporting, migration and who runs it afterwards. This page sets out what the vendors publish, what drives a build, and what a written quote has to contain before you can compare three of them.
These are the vendors' own list prices, read on 2026-09-23. They change, and each vendor draws the line between "included" and "extra" in a different place, so compare them line by line rather than by the headline figure.
| Vendor | What the published price buys | Priced separately |
|---|---|---|
| Match-Trader | "White Label package starting at $2500 per month" and "Server licence is available from $5000 per month"; "hosting on AWS or Azure cloud is included"; "We do not require a yearly commitment"[1]. On the prop platform: "WHITE LABEL: Basic $2500/month", "WHITE LABEL: Turnkey $4000/month", "SERVER: Server $5000/month"[2] | "Additional charge for the accounts exceeding a default package is based on tiers"[3] |
| TradeLocker | Starter "$5,000 / per month" for "1,000 Live Accounts" and "2,000 Demo Accounts", with "All TradeLocker features included. Full access across web, mobile, and desktop apps", Brand and Web Sockets APIs, back office, reports and "Access to the cloud-based trading infrastructure included"[4] | "The minimum fee of $X applies if there are fewer than 500 accounts in a billing month" — the amount is not stated on the page[4] |
| Sirix (Leverate) | Start-up €1,490 a month for 500 real accounts, 5 groups and 1 manager; Professional €2,990 for 1,500 real accounts, 10 groups and 5 managers; Premium on custom pricing. "No Set-up fee or Commitment period. Termination - 30 days' notice"; "5% discount available for quarterly payments or 10% for annual payments"[5] | CRM and client portal +€2,000 (Start-up) or +€3,490 (Professional) a month; extra real account €2.00 or €1.50; "Extra group or manager - €50 / Month each"; "Branded App for Google and App Store - €250 / month for each store"; "New PSP Integration - €2,500"; "One month's advance payment required upon signing the agreement"[5] |
| B2TRADER (B2Broker) | "Starting from $2,500 / mo", or "Free with liquidity"[6] | B2CORE "Starting from $1,000 / mo" and B2COPY "Starting from $1,500 / mo", each also "Free with liquidity"[6] |
| PrimeXM XCore (liquidity bridge) | "Each XCore instance is charged a fixed monthly fee of $2000"[8] | "$600" per FIX Maker and "$1200" per MT4 or MT5 Taker a month, plus volume and per-order fees; the bill is "XCore Fee = Max (Instance Fees, Connectivity Fees, Volume Fees, Transaction Fees)"[8] |
| MetaTrader 5 (MetaQuotes) | No price published. Licences are sized by real accounts: 1,000 (Entry), 25,000 (Standard), 200,000 (Enterprise)[7] | "You independently deploy our software on your own hardware, as well as maintain your server infrastructure and fully control support and administration"[7] |
| DXtrade, cTrader | No price published: "Request a demo" at Devexperts,[9] "Contact Sales" at Spotware[10] | Not published[9][10] |
Two worked examples, as our arithmetic on published list prices rather than quotes from anyone. Sirix Professional with the CRM add-on and a branded app in both stores is €2,990 + €3,490 + 2 × €250 = €6,980 a month, or €83,760 a year before extra accounts and payment integrations.[5] TradeLocker's Starter plan is $60,000 a year for up to 1,000 live accounts.[4] The platform is rarely the whole bill: a liquidity bridge is billed on top, at PrimeXM "$2000" per XCore instance plus "$1200" per MT4 or MT5 taker a month,[8] and a CRM, payment providers, KYC and market data sit beside it.
A custom brokerage platform has no list price, because the same words describe projects that differ several times over in size. These are the drivers, with the mechanism that makes each one move the number — and the answer to settle before anyone can price it.
| Driver | Why it moves the price | Settle before asking for a quote |
|---|---|---|
| Product scope | A terminal on top of an existing back end is one system; a full brokerage stack adds accounts, ledger, risk, CRM, payments and reporting, each a project of its own | Which systems you build, which you rent, which you keep |
| Execution model | Passing orders to liquidity providers needs a bridge and FIX sessions; internalising flow needs a dealing and exposure layer; a hybrid needs routing rules per client group | A-book, B-book or hybrid, and who may change the rules |
| Liquidity connections | Every provider has its own FIX dialect, certification and change schedule, and the bridge market prices this per connection — "$600" per FIX maker and "$1200" per MT4 or MT5 taker a month at PrimeXM[8] | Named providers and the state of each agreement |
| Asset classes | FX and CFDs, exchange-traded stocks and futures, and crypto differ in margin rules, trading hours, corporate actions and post-trade steps | The first asset class and the second, in order |
| Client surfaces | Web, iOS, Android and desktop are separate products to build, sign and keep in the stores; one vendor prices each branded store app at "€250 / month for each store"[5] | Which surfaces on day one |
| Back office and payments | CRM, KYC, introducing brokers and payment providers are integrations with outside systems; one vendor charges "€2,500" for each new PSP integration[5] | The providers you already have contracts with |
| Risk and margin | Pre-trade checks, margin calls and stop-out run inside the order path and must behave correctly in a fast market | The margin model and who can override it |
| Market data and charting | Feed licences and display rights are set per exchange and per user type; a charting library is a separate licence | Which feeds, for which users, delayed or real-time |
| Reporting and audit | Statements, audit trail and regulatory reports depend on the jurisdiction and are part of the build, not paperwork after it | The regulator and its reporting rules |
| Accounts and peak load | Rent is often metered per account — tiers above a default package at Match-Trade,[3] account counts per plan at TradeLocker[4] and Sirix[5] — while a build is sized for the busiest minute, not the average day | Accounts expected in year one and year three |
| Migration | Moving live accounts, balances, open positions and history off an existing platform often sets the launch date | Source platform and what must move |
| Operations | Weekday markets need on-call cover around the clock; on a licensed platform the broker also runs the servers, as MetaQuotes states plainly[7] | Who is on call a year after launch |
Three quotes are comparable only if all three answer the same questions in writing. Ask for these lines, and treat a missing one as a question still open rather than a saving.
MetaQuotes does not publish a price. It sells licences sized by real accounts — 1,000, 25,000 and 200,000 — and states that "You independently deploy our software on your own hardware, as well as maintain your server infrastructure and fully control support and administration".[7] What the platform changes for a prop firm is on the MetaTrader 5 alternatives page.
It varies, which is why the headline figures are not comparable. Match-Trader says "hosting on AWS or Azure cloud is included";[1] TradeLocker's Starter plan includes web, mobile and desktop apps, APIs, back office and "Access to the cloud-based trading infrastructure";[4] Sirix prices the CRM, extra accounts, store apps and payment integrations separately.[5]
Compare three years of rent at your expected account numbers, with every separately priced item counted, against a build plus hosting and operations. Rent metered per account — tiers above a default package at Match-Trade,[3] plan account limits at TradeLocker and Sirix[4][5] — rises with the business; a build's running cost does not. Control over the product is the other half of the decision, and where to start with your own trading platform covers it.
Which items are metered per account, per connection or per integration, and where the steps are; whether hosting is included and in which region; which data you may export and what happens to it after termination; the notice period, minimum term and any advance payment — Sirix, for example, requires "One month's advance payment required upon signing the agreement";[5] and which parts you may replace with your own providers, and on which tier.
Disclosure: this page is published by amBrain. "amBrain is a Yerevan, Armenia software engineering company building low latency trading platforms, matching engines, and real-time bidding systems in Rust." Every rent-side figure is the vendor's own published list price as read on 2026-09-23 and links to its source; no price on this page is a quote for your project. Match-Trader, TradeLocker, Sirix, B2Broker, PrimeXM, MetaTrader, DXtrade and cTrader are trademarks of their owners and are used only to identify the products discussed.
Related