MT5 gray label: what the monthly price really buys.
An MT5 gray label gives you a branded MetaTrader 5 setup through a provider arrangement. The price on the label is only one line of the real bill, so here is how to read the rest.

Inside the monthly price
Expect the branded environment, a set number of trading groups and manager logins, and onboarding help. The exact list is the thing to compare, because two setups at similar prices can differ in access, limits and support hours.
Usually outside it
CRM, Manager API access, branding assets, website, payments and liquidity are commonly quoted on top. So are company formation and any forex license work. Ask for each as a line item so you can approve or defer it.

Red flags in a quote
Beware vague promises such as “everything included”, a missing support scope, no mention of how you can leave, or pressure to decide quickly. A good quote reads like a checklist. Compare it with an MT5 white label quote if your plans may outgrow a gray label.
A five-minute pre-purchase audit
Before paying, confirm four things in writing: the legal entity you contract with, the list of included access rights, the support hours, and how to leave. If any answer is vague, treat it as a missing feature, not a detail. A short email thread now can save a long dispute later.
Common mistakes buyers make
Buying on the monthly price alone, assuming the CRM is included, skipping the exit terms, and treating a sales call as a contract. Another frequent error is delaying company and banking questions until after the platform is ready. Write these four risks on your checklist and tick them off one by one before you commit to anything.
Questions we hear
Is “gray label” the same as “grey label”?
Yes, two spellings of the same term. Compare the written scope, not the spelling.
Do I need a licence to buy one?
Rules depend on where you operate and whom you serve. See our forex license pages and ask a qualified adviser.