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Back Office System
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Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. An introducing broker may be as involved or uninvolved as they choose to be. An IB can work solely to locate those who have an interest in the foreign echange market and help them find the broker that is right for them.
These IBs may not need to go in-depth into the forex market; they simply need to be able to discuss the different types of brokerage firm and what makes the firm that they represent unique. IBs can give a wide, broad spectrum overview of all the services that they know of and encourage the potential clients to choose the right option for them.
You keep your clients happy. If you have clients that you work with in forex trading , working with a broker that you value and that you understand is a lot easier. The better your broker, the better your results will be. This helps not only your clients, but also your personal word-of-mouth advertising; a satisfied client is going to tell their friend. You make it easier to manage your clients.
This level of familiarity is extraordinarily important; it also means that you will be able to easily make recommendations and suggestions to your clients regarding any of their issues or desired changes. An IB works as a free agent and an independent; they need to have the drive that is needed to succeed. They must be a self-sufficient individual, able to chase down new clients and following up to make sure that they are satisfied with the service that they have been given.
Not only will an IB need to make sure that they know the benefits of the forex brokerage that they are supporting, but they will also need to know about advanced forex strategies and skills — otherwise they will not be considered as trustworthy to their clients. At its core, being an introducer broker is really a sales position, even if trading is also included.
Those who decide to become an introducing broker will need to have a winning strategy; this strategy can only be developed through experience and knowledge of the forex industry. Those who manage funds that are not their own will also need to look into the legal ramifications and requirements involved. Regardless, IBs need to be able to develop a reputation if they are to be listened to by any potential clients.
This is often done through websites and training courses. The more you know about your partner, the more successful you will be. To get started, take a look at our recommended program and become an IB today: Start earning commission from referring clients to our recommended and partner broker.
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Currencies Forex trading on over 30 currency pairs. Back Office Full back office reporting complete with real-time account, commisions and client management systems. White Label Partnership If you believe that you or your firm has associates that may be interested in trading financial products through our White Label Partnership. Multiple Products for diverse revenue potential Industry-leading products and services Tradeview Backoffice for fast and efficient client account management.
Advantages for Your Clients: Our introducing broker program is a straightforward way to earn a steady revenue stream, without adding to your cost base. Introducing Broker Partner with GAIN to refer customers to our award winning retail trading brands and earn as they trade contact us. Getting started is simple Our introducing broker program is our most straightforward type of partnership. Customer applies online through a fully tracked form. Earn as your customers trade.
See your revenue grow using our partner portal. Benefits for your customers: An award-winning trading experience A choice of award-winning trading platforms and apps for tablets and smartphones -packed with tools to help your customers analyze the markets.