A Forex Introducing broker is usually checking on information about the market, economic and political factors that can affect the currencies price. In the case of the U.S dollar, according to Reuters, on 7th of June 7, 2013 the currency recovered from its sharp losses of the previous session after a government report showed a reasonably healthy pace of U.S. job creation in May.
Introducing broker programs are fast becoming one of the main draws of any respectable online brokerage. As a result brokers are enjoying record returns and new brokers are climbing faster than ever before. An introducing broker is basically a recruitment specialist for an established Forex broker; in addition they are also teachers and advisors for their clients. IBs don’t usually trade Forex; instead they make rebates on their clients’ trades. This provides them with a great deal of incentive to seek out capable professionals who have what it takes to become prosperous Forex traders. Seguir leyendo “Introducing Broker Programs Take Off”
Forex introducing broker programs have quickly become a staple of all major online brokerages. Brokerages are beginning to realize that the best way to recruit new clients is through their peers. This is because when it comes to online business, i.e. business for which geographic is location is not an important factor; trust is the number one factor that determines the likelihood of a sale. Seguir leyendo “Forex Introducing Broker: Reach for the Stars”
Forex broker programs are the best way to get a foot in the door with Forex. So you’ve been watching the market and you think you’re starting to get a handle on what it makes it tick? Maybe you even made a few predictions that came true and would have made you a bundle. Well it seems you’ve got the motivation and the instinct now all you’ve got to do is sign up with a reputable Forex broker and start trading. Seguir leyendo “Forex Broker: Find Out what you’re Capable of”
Forex broker programs are spreading like wildfire right now. The vast improvements made in information technology in the last decade or so (better internet connections, better applications, better computers and the proliferation and economization of all of the above) have completely changed the face of Forex trading. Seguir leyendo “Forex Broker: Start Trading Today”
The yen declined the most in more than two years against the dollar for Forex introducing broker, as the Group of Seven nations jointly intervened in foreign-exchange markets for the first time in more than a decade.
The role of an Introducing Broker encompasses the simple task of directing clients to trade ‘Over the Counter’ instruments with Tradeview Forex. As the client increases operations volume in his account, the Introducing Broker generates more commissions for himself.
Big and successful Introducing Brokers are typically well-connected people, knowledgeable of the financial markets and have the availability to assist their clients to grow towards becoming successful traders. Seguir leyendo “As an Introducing Broker, you’re a valuable member of the Forex team”
When new traders seek advice about how they should begin trading they are often disappointed by what they hear. Nine times out of ten they are told ‘Hire an introducing broker’. Their disappointed is understandable, after all many people become Forex traders because they want to become independent, and they don’t want to rely on other parties for their income.
How many of us have aspired to become Forex traders only to discover our early trades don’t work out the way we wanted? Does this mean we have give up our dreams of making big bucks from the Forex? Not at all, you can still have your slice of the Forex pie if you’ve got what it takes to be an introducing broker. But what are introducing brokers? Seguir leyendo “Introducing Brokers Turn Contacts into Profit”