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If Deluxe doesn't start turning a profit soon, they might have to offer IPv6 in time for EU to require a license for it!

I would do limits per cPanel account. You can offer more to the main reseller account which could be useful if you were offering WHMCS as a free or subsidised product addon.

I have 1 owned license that I don't use but it's due for renewal

I agree, It could be possible, but no we have migrated all the clients and services on our WHMCS without fail and after that forwarded the domain to us. You can still login to our website using the ex

* cPanel License: $11 per month

3. WHMCS / any billing

You should be thinking it also in relation to license costs.

- WHMCS

It would help if you could state your use e.g. using a reseller account but its just for me to setup lots of seperated sites for clients or if you actually sell hosting and integrate it in to WHMCS.

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I have one owned license:

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Think about this: leased license will be cheaper than bought one because you will deadpool faster than perma license would cover it's costs (Image)

monthly isnt so bad, I paid $134 for a 2 year reseller which includes a license

As @jvnadr said, you won't be able to find owned license in that price range.

This kind of money for unbranded lifetime license, won't get you any good. As @mrclown said, it's better to go for a monthly license within your budget

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* Unbranded (you can remove powered by whmcs)