The more Clients are involved by the Forex introducer, than more commission this IB will receive on each group of trading instruments.
The partner’s profit is a part of the spread on Forex instruments trading orders being closed.
You've attracted 4 clients to open trading "Mini" accounts. Each of your clients made one trading transaction on the currency pair EUR/USD. Trading volume of each transaction is 4 lots. Let's calculate the Agent’s commission:
4lots*4(number of clients)*13 (сommission for EURUSD currency pair)= $208
If we suppose that in the calendar month there are on average 22 days available for trading, your commission amount per month may reach $5632!
Partners will get a fixed commission for each qualified trader attracted to PaxForex. IB forex commission varies depending on the trader’s country of origin.
During one month you attracted 5 qualified clients.
Depending on their countries of origin, CPA commission will be up to $2750!
There are various great old methods to bring in customers and make them open accounts through your IB brokerage link. Here are major ones: post your introdicig broker link in forums, forex ratings, blogs and social networks. Be a dynamic member in forum threads, forex groups in Facebook and Twitter. Talk with many people, answer their questions and promote PaxForex there. On the other hand, you can make your own website and attract clients by placing IB forex broker link there any place you want. In case if you are running forex courses, than you may promote PaxForex among your students.
As many potential clients will be informed about benefits working with PaxForex, than higher IB forex commission you will get!
If you still don't know how to start attracting clients, than contact us [email protected] and we'll send you detailed information.