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Showing posts from June, 2017

Types of Friends to Refer

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The refer-a-friend program is one of the best ones for gaining much profit for doing easy tasks. In forex, you can refer afriend to a brokerage firm and get a commission for the trades he makes. Therefore, the more friends you invite, the higher the revenue that you will get. This means that you have to explore all types of friends for you to make more profits from this engaging program. What kinds of friends can you refer? Well, the list is endless on the kinds of friends you can refer to this program. We will provide hints on the types of friends that you can refer. Work colleagues Your work colleagues are amongst the best types of friends that you can refer to a program. This is because you have direct contact with them. You can use the contact to convince them to join forex. All you have to do is to show them the benefits of trading forex. Some of the useful tips that you can use here is telling them how easy it is to make money in forex. You can suggest to them

Forex White Label vs. Introducing Broker Program

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There is always the question of which between Introducing Broker (IB) and White Label program is the best for traders. Well, there is no definite answer to this question since both have their pros and cons. In comparing the two, we will look at some of the differentiating aspects. Definition One of the best ways of differentiating the two is by defining them both. Introducing Broker Introducing Broker is a partnership program between an individual and a trading company. The agreement entails the individual helping the company to get more clients to trade using their trading platform. The individual then gets a commission for every trade made by the client he referred to the trading company. White Label White label also involves the partnership between an individual and a trading company. However, this partnership is a bit advanced than the one in IB. Here, the individual does not refer clients to the trading company but rather uses the infrastructure of the trading co

Benefits Of My Own Forex White Label Platform

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The rising popularity of white label platform is due to the many benefits that people get for using this platform. Unlike the Introducing Broker platform, which is solely for referring clients to an already existing broker firm, the white label platform allows the trader to share the trading platform with the broker firm. This means that the trader enrolled in this program can modify and use the trading platform. Therefore, the clients of the entrepreneur trader can now use the modified platform. Top benefits of having your own forex white label platform Save you money The number one reason why many people opt to having their own forex white label platform is to save money. You can save a lot of money just for having a white label platform. In this arrangement, you will not spend money in building a new business model, which can be quite expensive. Furthermore, you save money that you would have used in running the business model. Continuous support You will also get

What is White Label Software?

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With the rise of many experienced traders enrolling for white label program, the popularity of white label software is growing. The white label software allows traders to copy the trading platform of an already existing MT4 trading company and rebrand it to make it look like it is that of the trader. Usually, a trader uses the same technology and modifies it to make it unique so that he can sell it as a new brand in the forex industry. A forex company that needs traders to enroll in their white label program must know that the success of white label software depends on three factors. We will discuss the three factors that affect the success of white label software. Factors affecting the success of white label software Knowledge of the market One of the most important things that determine the success of a white label software is the company’s knowledge of its market. Different white label software are meant for different markets. You must therefore know your market to get

Forex White Label Program

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Compared to Introducing Broker, the White Label program is a step higher. What is the forex white label program? The White Label program is unique partnership between a trader and forex trading company. The White Label program is suitable for qualified and experienced traders who want to become forexbroker s themselves by creating their own brands in the forex industry. The White Label program is simply like leasing another firm’s trading platform and using it to provide a trading platform for your clients to execute trades. The relationship is purely between the trader and the parent company. The clients of the trader are not part of the deal and they do not have knowledge that the trading platform does not belong to the lessee (who is the qualified trader leasing the trading platform). What are the benefits of Forex White Label Program? Cheap One of the benefits is that it helps a trader to start business in the forex industry without incurring much cost. By using this

What is an MT4 White Label Solution?

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Unlike the Introducing Program, White Label targets traders who are looking to build their own brands. When you enroll in a white label program, you will not only be referring clients to a certain online trading company but also seeking ways building your own brand using the MT4 trading platform of the parent forex trading company. As a trader in a white label program, you will have full access to the MT4 platform of the parent forex company. The company will give you powers to customize the MT4 platform to suit your clients’ desires. The MT4 White Label Solution is the reproduction of an MT4 trading platform by a trader on a white label program. Such a trader will then modify the MT4 trading platform for it to appear as if it is his own. By giving the MT4 platform a new look, the trader would be steps away from establishing a forex brand. The benefits A trader gets many benefits for using the MT4 white label solution. Save a lot of money One of the greatest benefits tha

Cash Back Rebates for Money Managers on MT4

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Cash back rebates for money managers on MT4 trading platform has always been an issue that many money managers look into before opening a trading account. All that you need to know about cash back rebates for money managers will be discussed here. What is a Forex Rebate? A rebate plan is a unique cash-back deal that helps money manager s using the MT4 platform to save a great deal of money when trading Forex on behalf of their clients. A rebate plan allows money managers to get cash-back each time they execute a trade. What this means is that each time a money manager opens or closes a position, he gains back an amount of cash. Professional money managers understand that a rebate plan is a “must” and they only trade on an MT4 platform that has this plan. Without this plan, money managers do not get enough motivation to trade using a certain brokerage company. The rebate plan should be free. A money manager should not pay for this plan. Common features of cash back rebates

What is Important to Know as PAMM/MAM trader?

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Forex trading is one of the most profitable online ventures a person can do. As a trader, you have the ability to earn extra money by becoming a PAMM or MAM trader. Such a trader manages trading accounts for investors. As a PAMM trader, you need to know a few things about the running of such an account. We will highlight some of the most important things that you should know. The most important things for PAMM/MAM traders to know An investors invests in you One of the most important things that you need to know as a PAMM account holder is that an investor makes investment in you and not in forex. Though the investor intends to make money from the forex market, it is your expertise that he is counting on to get him profits. In this regard, you need to sharpen your skills to keep up with the expectations from your clients. You get commission from profits made Another important thing that you need to know as a PAMM trader is that you will earn money on commission based

Successful Forex Money Managers Stories

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If you have experience in trading forex, you should not allow capital to be your hindrance to success in forex trading. You can decide to become a forex money manager and create a success story like many others that we have heard before. The beauty with forex money managers is that they do not have to invest a lot for them to start trading. You can even start with a single client and develop your clientele base to become a success story. Common traits in successful forex money managers stories There are common features that you will find in all successful forex money managers stories. We will sample some features detailing the name of the successful forex money manager associated with the story. Capital should not be a barrier, invest in your skill Jones, who is now a millionaire thanks to managing forex accounts, started trading without a considerable amount of capital. He invested in his skill as a trader and perfected the art of forex trading. He enrolled in a Money

Stock Market Money Managers

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If you are not well-versed with the operations in the stock market, you can hire the professional services of stock market money managers. These professionals will help you manage your stock market account and make good profits from the stock market. However, you need to be very careful on the stock market money managers you choose. A right choice will help you make the best out of your account. Therefore, we will highlight some of the most important things that you need to consider when choosing stock market money managers. Factors to consider when choosing stock market money managers Reputation One of the most important factors that you must consider when choosing stock market money managers is reputation. The reputation is the first selling factor that will guide you to knowing whether a stock market money manager is good or not. A money manager with good reputation can be trusted. Affiliated broker You must also consider the broker affiliated with the stock market mon

Forex Money Managers

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As an investor, you can use forex money managers to help you make profits in the financial markets. You do not need to have knowledge of how to trade forex for you to invest in a money manager. A forex money manager will do everything for you. Who is a forex money manager? A forex money manager is an experienced financial expert who manages trading accounts for investors. An investor only provides capital and the money manager uses his experience in the financial markets to make informed trades that will result to profits for both the investor and the money manager himself. Benefits of using forex money managers Here are some of the leading reasons why you should consider using a forex money manager to manage your forex account. Saves you time One of the benefits that you get is saving time. When you use a forex money manager, you save a lot of time that you would have used for research into the financial market. In forex, a trader must do wide research before placing

Best MAM/PAMM Systems for Money Managers

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Forex account managers use specialized systems in running trading activities for traders. Managed accounts are good because they allow account managers to solicit and engage in multiple clients to form a manageable pool for greater returns. The return of a client is proportional to his contribution to the pool. Account managers use MAM/PAMM systems to execute trades. The best MAM/PAMM systems for money managers should have the best features that help money managers in making their work easy and effective. Understanding PAMM Profit Allocation Money Management (PAMM) is a method where investment managers (account managers) conduct managed accounts services on behalf of investors (clients). In this arrangement, an account manager takes full responsibility of running the trading account of a client who does not perform any trade. Usually, the account money managers are experienced traders who are capable of making informed trading decisions. The client entrusts him to perform

Top Money Managers Programs

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Many traders are nowadays turning to managed forex trading accounts where they give money managers control of their accounts to manage money for them. It is quite beneficial to give your forex account to a money manager to help you in managing it. This will give you more profits. However, you need to choose a top money manager program to make good profits from a managed account. Features of the top money managers programs These features will guide you to getting an ideal money manager program that will help you make profits. Assurance of good profitability The top money managers programs give account holders an assurance of getting profits. Since all money managers programs promise profits, it is important to check the reviews of the different money managers to ascertain their profitability. From the reviews, you can know whether a money manager has the ability to help you make profits or not. Experience The top money managers programs are managed by experienced traders

Introducing Broker vs. White Label

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Both Introducing Broker Program and White Label Program involve partnership between individuals and an already established online trading company. However, there is a difference between these two programs. The difference is what makes a person decide whether to enroll for a White Label or Introducing Broker program. We will look into what differentiates the two by highlighting the basics about these two programs. An Introducing Broker An Introducing Broker Program is a partnership between an individual or a business company and an online trading broker. In this kind of partnership, the Introducing Broker works to solicit clients for the online trading broker. The reward for this is kind of partnership is a commission for the Introducing Broker for every trade made by the client. White Label A White Label Program is a partnership between and individual or a business company and an online trading broker. The difference between White Label and Introducing Broker is that Whit

Strategies for Becoming a Successful Introducing Broker

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The difference between a successful Introducing Broker (IB) and the not so successful IB is purely on the kind of strategies used by the IBs. Successful IBs use the certified strategies that have been proven over time to work in increasing revenue for an Introducing Broker .  You can employ many strategies become a successful Introducing Broker. We will highlight the top strategies that Introducing Brokers should use to get more clients. Sell yourself as a brand One of the leading strategies that you need to adapt is branding your services. Traders are attracted to an IB who has packaged himself/herself as a brand. This means that you must be very professional in handling your clients. Professionalism is the key to getting more clients. As a tip, you should work on your charisma and social skills. A charismatic and outgoing Introducing Broker is likely to get more clients than a reserved IB. Specialize on a certain niche Specialization is also an important strategy that an I

What is an Introducing Broker

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Introducing Broker (IB) is term used in the financial market industry to refer to a commodity broker or a futures broker who has a direct relationship with a client though the execution of trade and other back office work are delegated to another Futures Commission Merchant (FCM). An FCM is also called a clearing firm for it works to do the actual work of trade execution and any other back office work related to the trade. An Introducing Broker creates a connection with an FCM who then in turns create a direct connection with the futures exchanges with the sole purpose of executing trades. What are the benefits of Introducing Brokers? Give customers leading trading platforms One of the benefits of Introducing Brokers is that they give customers access to some of the leading online forex trading platforms. This is because they get the best FCM offering the best forex services and have a great back office team. Maximize their time An Introducing Broker can maximize on his

How did You Start Your Forex Affiliate

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More often people think that forex affiliate programs are meant for a few individuals who are skilled in this field. While it is true to say that skilled individuals are the ones who make a lot of money through forex affiliate program, it is also important to highlight that these skilled individuals also started from somewhere. Looking at the case sample of Chris- a successful forex affiliate-, we will look at where you can start a forex affiliate program that will grow into a successful venture. In his words, Chris describes how he started his forex affiliate program. “I started forex affiliate with no cash. I just thought that this was the break that I was to get in my life. Having read other success stories, I enrolled in an affiliate program. The first month was blank. There was no one showing interest in my online ads. I borrowed money and enhanced my online presence in blogs and social networks. The second month was more disappointing. I did not make anything despite h

Success Story of Forex Affiliate Program

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Forex affiliate program offers one of the best ways for online entrepreneurs to make money. With just a single blog or even a strong presence in the social networks, one can make a lot of money from forex affiliate programs. One of the good things about forex affiliate marketing is that you can do it from the comfort of your living room and still enjoy the great financial benefits of being a forex affiliate. Many people have ventured into this field thinking that they will make millions overnight. While there is a statistical possibility of that, the chances are very slim. One has to work his/her way up to make the millions from a forex affiliate program. The good news is that you can actually become a millionaire just for being a forex affiliate. There are people who have already set the pace for you and now you can emulate their strategies and become a millionaire just for enrolling in a forex affiliate program. Many people start small but end up making a lot. What sets out

Broker Affiliate Program

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A broker affiliate program is one of the best ways to make money online. If you choose the right online broker, you can enjoy numerous benefits of being an affiliate. A good broker should provide an acceptable profit sharing platform that will entice an affiliate. Using iBrokers.Trade, we will highlight some of the features that an affiliate should consider when choosing a broker affiliate program. Prompt payments One of the most important features that define a good broker affiliate program is prompt payment. You must choose a broker affiliate program offering prompt payments. There are brokers that do not pay their affiliates promptly. Therefore, you must look for a broker that will offer prompt payments. Cross-platform support Another important feature that you should look for in a broker is the ability to provide cross-platform support. This feature allows you to keep on driving traffic whether you are using your mobile phone or computer. Universal links Another impo

Stock Affiliate Program

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Just like any other affiliate program, the stock affiliate program helps people to get money for getting traders use a certain online trading broker. If you can convince a stock trader to trade forex using a certain broker, then you can make it as a successful stock affiliate. The stock affiliate program allows traders to make money by promoting an online stock broker to potential stock traders. As an affiliate, you will be paid on commissions as per the agreement with the parent online trading company. Some of the leading types of commissions will be discussed here below. Affiliates Commissions Commission for providing Leads The first type of commission that you can get is the leads commission. This type of commission is given to affiliates who can provide qualifying name, email, and phone. The parent company is responsible for setting up the commission per lead. Commissions per Call You can also get a commission if you provide inbound calls of over 10 minutes. Ag

Online Trading Affiliate Program

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The online trading affiliate program offers a perfect opportunity to people who want to make extra cash by referring traders to trade using a certain online trading broker. Who is the online trading affiliate program meant for? The online trading affiliate program is meant for anyone who wants to make money by referring other people to trade using a particular trading broker. However, most online trading brokers have a few requirements that guide on who is eligible for an affiliate program. One of the common requirement is for the affiliate to have an already established platform where he/she can use to promote an online trading broker. For example, a person should have an active blog, website, social networks, or a member of social communities engaging in online trading activities. What are the benefits of engaging in online trading affiliate program? Here are the benefits of online trading affiliate program : Passive income : one of the leading benefits that one gets f