You can set up this rule for all requests or only for those that are already approved by lower-ranking staff. It is very important to verify your client with a KYC check, confirm payment details, to do this just direct all requests through a Compliance department. In some cases you might need requests approved by a phone call, so that you are sure that requests are submitted by a real client, not a scammer, so you can set up obligatory manager calls. You should be aware of all company’s promotions, bonuses and contests, which you can use in your job. When you provide information about the product, try to be honest, telling your audience about both the advantages and disadvantages of the product.
We discussed how a promising marketing strategy for modern brokerage companies can look with Yvonne Hambridge, Senior Marketing Manager at FXOpen. FXOpen is a global Forex and CFD broker, which has been operating in the market for more than 15 years and utilizes Soft-FX software solutions. If you’re looking for other ways to make your brokerage more appealing to traders, consider whether your website is ready for international clients. Whenever you create content, it should be useful to the people who you want as clients, so consider making short, educational videos for LinkedIn. These videos can teach basic topics that would be new to people who haven’t traded in the forex market before.
Social Media Marketing
Some FX/CFD trading platforms can facilitate this ambition, like our own trading platform DXtrade. When you grow into an established broker, you can opt for a custom trading platform, buy out its source code, and make it your in-house solution for full control over your business processes. And by the way, this is what makes your DXtrade trading platform unique – it always provides FX brokers with a variety of options for scaling and evolving their FX brokerage business.
Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.
Get more fans out of your social pages
Delivers daily webinars on trading and designs RoboForex educational materials. In this article, we’ll discuss how brokers’ partners can attract clients and succeed. As a rule, http://spektrlak.ru/nacatalog+stat+cat_id-13+nums-118.html to become a broker’s partner, one must register on its website, get a link with a unique code and forward it to other traders, who do not have any accounts at this company yet.
Once a trader has done their homework, spent time with a practice account, and has a trading plan in place, it may be time to go live—that is, start trading with real money at stake. No amount of practice trading can exactly simulate real trading. While traders should have plans to limit losses, it is equally essential to protect profits. Any analysis technique that is not regularly used to enhance trading performance should be removed from the chart. In addition to the tools that are applied to the chart, pay attention to the overall look of the workspace. Few things are as damaging to a trading account (and a trader’s confidence) as pushing the wrong button when opening or exiting a position.
As a result, they stop working with the broker and quit trading for good. Overnight positions refer to open trades that have not been liquidated by the end of the normal trading day and are often found in currency markets. It is important to understand the tax implications and treatment of forex trading activity in order to be prepared at tax time.
Social Trading Services
Well written, nicely structured, easy to read evergreen articles are a staple for value. This means that no matter what new parameters search engines include in their ranking selection, relevant content will always put you on top. Because everyone enjoys a good article, you are increasing organic reach through shares and comments. Unfortunately, there is no “ready-to-use” recipe for success here. Be exceptional, learn marketing tactics, keep in touch with your audience, and keep track of competitors – this is basic advice that can be given to a would-be partner of a forex broker. The most popular methods of attracting clients are social networks, YouTube, and your own website.
- The Cayman Islands, British Virgin Islands, and the Bahamas could be great choices because they’re experienced in financial services.
- As mentioned earlier, SEO is beneficial for rankings in search results.
- We will consider the features of its formation and the trading rules with its application.
- Clients must be at least 18 years old to use the services of OXShare.
The forex industry has much less oversight than other markets, so it is possible to end up doing business with a less-than-reputable forex broker. Full BioJean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a company that has provided programming, consulting, and strategy development services to active traders and investors since 2004.
If your performance shows enough profit, other traders who use these sites will contact you for help managing their investments even if you don’t post your trading stats anywhere else. Myfxbook also allows you to create posts and share other information with people who visit your profile. Because of that sharing ability, these sites are a form of social media specifically for those interested in forex. Both new and experienced brokers wonder how to find more forex clients who are willing to trust them with their investments.