There is a real option to make a profit with Paxforex and its affiliate programs through the involvement of third-party people.
There are two types of cooperation, which are provided by the partnership program - the CPA and as deductions from the income received. A three-level reward system has been developed. The broker promises 80% of the spread for each of the completed transactions for traders.
The more trading experience and your success in collecting an active team, the higher the career ladder and partner income.
You can become:
- IB-Representative;
- Master IB;
- Regional IB.
Those try their hand at the Forex business under a separate brand, can use separate affiliate program White Label, which was created for this certain purpose.
The concept of representing forex broker
An IB for all the clients has the same essence: every client transaction completed in the marketl brings profit. The main tasks of the specialist are as follows:
- Represent the interests of a broker-partner online (in forums, blogs, etc.). In one's own name;
- Participate in promotions of a partner broker and conduct your own in his favor;
- Motivate existing clients to trade more actively;
- Attract potential participants to the trading platform of a broker.
As it was already said before, some Forex brokers (IB) representing this way as a result to receive additional earnings. And also there is a possibility to build a whole business, through own affiliate program, which has each broker.
Direct work with clients is the key function of IB. Versatile assistance in this case is provided to all the specialists. He fills out the documents, conducts technical support, trains and consults. The broker-partner only executes transactions and maintains the trading infrastructure.
Possible earnings on such forex affiliate program and features for introducing brokers
The client base of 15 clients, provided that they are actively trading and working with deposits in the amount of thousands of dollars, can generate an income of 1500-4000 dollars every month.
Each IB representative will be assigned a partner “back” or an identifier (ID). It is necessary for the broker-partner to know that clients come from such and such IB. And, accordingly, that it is he who needs to accrue profit (if the transaction is made by customers).
In fact, each broker works in a rather simple scheme. The difference usually consists only in the size of the paid commission. PaxForex has the highest in the financial market.
All brokerage companies take the spread, providing each transaction of their client. PaxForex pays partners up to 80% of the spread.
The number of people who are allowed to attract is unlimited. The more customers, the higher the income.
As a rule, those who have experience in marketing and/or advertising usually achieve consistently high incomes in a relatively short period of time. But most importantly, this option is available to everyone.
