IB VS WL

IB VS WL

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Introducing broker (IB)
Introducing broker is the simplest form of partnership with prime brokers. The role of IB is to introduce clients to the main broker, and IB will earn a commissions and benefits. The process of bringing clients to the main broker can be done in various ways, but a key component of a successful IB is to have a client base, contacts and influence to the client.

How an IB works?
When clients register an account with major broker through your IB group, or when a client mention your IB name when opening an account, in both cases the IB will receive a commission.
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Who can become an IB?
  • Investment Company, small brokerage company
  • The successful trader, Finance Manager, Investment Advisors
  • Fiancial site owner, trading room, signal provider, etc
  • Individual or company that want to start forex business
IB application process is very simple, Just register to prime broker website, Reference and promotional materials is available at prime broker.

Benefit
    Two types commission structure:
  • CPA (Cost Per Acquisition): A flat fee for every referred client. This fee is can vary from $50 to $400 at times.
  • Spread sharing, where an IB constantly earns a small portion of the spread as long as his referred client keeps trading with the Primary Broker.


White Label (WL)
White Label is one level higher than IB. A White Label program will suit qualified and experience individuals (or companies) who want to become Forex brokers and create own brands in the Forex industry.

How a White Label works?
Running White Label brokerage business is similar to running a regular broker. You will set up a website about your broker services, fully functional trading platform, you set your own spreads / commissions and work with your clients: opening accounts, receive deposits / withdrawals, monitoring reports, etc. (Full White Label), or leave account management functions, including deposit/withdrawals to the Prime Broker (Limited White Label).

Prime broker is always ready to provide the WL with everything needed to start a business, even creating a new site if necessary. In addition, the trading platform will be branded with your company name and logo, protects your privacy with major broker, so that traders may actually never know if your broker is a white label.

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What a White Label cannot control:
  • Adding/editing currency symbols available for trading
  • Adding/editing the opening and closing of the market trading hours
  • Adding/editing everything regarding the security of the system, which is controlled by the Primary broker

The Primary broker will run the back-office support, and will handle all end-of-day reports and other trading related and administrative activities. A White Label earns income from each client’s trade. The higher the trading volume of White Label clients, the higher the income revenues. The revenue & compensation models for the White Labels are more flexible and have a variety of options to choose from, which will be specified in the White Label partnership contract.

If you are interested to set up a white label, grey label, branded IB or Independent Broker
You can contact us for further consultation at: rajabroker@outlook.com

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