How IB Program Works
As a partner, or IB, you simply attract active traders to the company. After their successful registration, you will receive money for each open trade of your referrals. And it doesn’t matter whether it’s a winning or losing position. You will receive your commission anyway.
That's all. From this moment your business works for you. As your IB group grows, you get more and more profit.
If you are worried about the technical aspect, then everything is simple here too:
- You get a special IB link that you offer to potential clients. After clicking and registering at your link, the referral will automatically be added to your IB group.
Benefits of FXCL Program
Being an FXCL partner is easy and profitable:
- You make a significant profit for every trade your referral makes. On some instruments, payout for 1 standard lot reaches $37 while the minimum commission for the same standard lot is $10.
- The commission is paid for transactions made with bonus funds in full.
- For hedged trades, you will receive 50% commission.
- Trading commission on currency pairs is paid for each trade, regardless of its distance in pips.
- If one of your referrals wants to become an IB or if you attract another partner to your group, then you will also receive 10% of their commission.
- The entire commission is calculated automatically for each trade and is credited to your IB account daily.
- You don't have to worry about withdrawing your commission. Once the money is deposited into your IB account, it is at your full disposal. You can use them in trading or withdraw them right away. The minimum withdrawal amount may be limited only by your payment system.
- The program is completely transparent. Full information on your clients’ transactions and the accrued commission is available in your Trader’s Cabinet.
How to Attract Clients
In the era of the Internet, referring clients has become quite easy. You don't have to knock on the doors or shake hands if you don’t want to. You can promote your IB group through social media, on thematic sites and forums, or through advertising on any frequently visited resources.
To improve your chances, you can use additional services from FXCL:
- The IB Commission Sharing program will allow you to transfer part of the commission to your clients which will make your group more attractive.
- You can request free banners from FXCL to advertise on various websites.
- Active IBs can negotiate additional benefits for their clients. For example, bonuses designed specifically for their referrals.
FXCL's business grows along with your business, so you can always count on the company's support and cooperation. This is your opportunity to build a successful business in Forex with no investment or risks involved.