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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