Brokerage affiliate programs: how they are implemented?

Most brokers in the financial market took care of the fact that the modern trader gets the opportunity to enter into partnership terms with them. Affiliate programs are a powerful tool in attracting new customers to the brokerage business, and the trader helps to form an additional source of income for the broker's advance.

Introducing Broker platform is the main medium and platform for a potential client. It allows you to:

? Track your attracted customers, their number and even the results of trading, so that you can predict and calculate the payments for each customer;

? Analyze your channels of attraction and choose the most effective one;

? Analyze the payments to the IB partners;

? Synchronize with the ib mt4 platform, which allows you to share the results of trading with those customers, who has chosen a broker with the goal to further cooperate with the partner.

I believe that the implementation of the IB program is benefitial to the broker even more than to the partner. The partner network reduces the need to create a large sales department, because the generation of the client base will come from external sources. This also allows you not to spend large budgets on marketing companies, because the partner has a point impact on the target audience, and his payment occurs only after the opening of a trading account with his further replenishment. Thus, you do not have to pay for each click and for the advertising display, because the payment will be given after the appearance of a new client.

Broker companies that have not yet implemented partner programs should introduce such an opportunity.

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