Here are 5 Advantages Why You Should Collaborate With BlackBull Partners
Financial markets are highly competitive, making it difficult to attract new clients. Introducing Brokers (IBs) can help as middlemen to bring new clients to online brokers. IBs are individuals, groups, or licensed agencies specialising in growing a regular traders’ client base. They make money by recommending customers to online brokerages, and their commission payments depend on how many trades are executed between the parties involved.
Collaboration between an introducing broker and an online broker serves both parties in the following ways:
Online brokers require clients who might create brokerage accounts and engage in trading while introducing brokers seek a stable trading environment that will satisfy their clients, enhance the IB’s brand, and increase their clientele. Introducing Brokers receive commissions on the transactions made by their customers. An online broker makes more money the more customers it has and the more trades it executes. However, IBs must discuss the trading conditions of engagement and customer requirements before the customer is on board. This process necessitates using a reputable online brokerage if the Introducing Brokerage is to increase profit, customers, and, most importantly, reliability. To ensure that collaboration leads to the IB’s long-term growth and success, an IB would seek the following characteristics in an online broker: Flexible commission structures that could be tailored to the Introducing Broker’s corporate strategy and satisfy their immediate and long-term objectives. A licensed or regulated online broker company that guarantees that the IB’s status won’t change over the short or long term. The tools, professional affiliate advice, and committed personal assistance of the IBs are worth their price in gold in terms of assisting the firm in succeeding.
Five advantages of collaborating with BlackBull Partners
BlackBull Partners is a regulated and highly reputable
When choosing an online broker, always ensure they are under the proper regulatory body. Regulation is the most critical aspect of an online CFD brokerage. If the broker is regulated, it means they are accountable for their actions, and the credibility of the IB will not be at risk leading to loss of customers and possible profits because of a bad reputation or brand. BlackBull Markets is among the most reliable and regulated online CFD brokers today, with regulations across multiple jurisdictions.
Enjoy exceptional customer support.
Whenever you are looking for a CFD broker, look for one with outstanding customer support for both the IB and the clients you refer. Customer support is crucial to clients, and a value most inexperienced traders tend to neglect and lose out of. To prevent mishaps like the customer being unable to terminate a trade promptly, ensure the online CFD broker offers your customers excellent support, like providing services in the client’s local language and always answering the client’s calls. As an IB, you must ensure the broker has exceptional customer support. Introducing Brokers that work with BlackBull Markets enjoy first-rate customer services in various languages and focus on customers who’ve had queries about trading systems or other relevant difficulties. Additionally, every IB who joins forces with BlackBull Partners receives access to a specialized personal account manager who will support them along the road.
BlackBull Markets has multiple trading platforms.
The gateway to the marketplace is the trading platform. An IB must collaborate with a brokerage offering their customers the newest trading systems, like Trading View. It enables traders who wish to trade from any place or use smartphones to place trades without a problem.
Enjoy a free demo account
Your customers will appreciate the chance to trade on a demonstration account and gain practical knowledge of the marketplace, regardless of whether they’re seasoned traders or newbies. By giving the new platform a test run and being accustomed to it, trading in a virtual setting might increase users’ trust in dealing with the markets. Selecting a
BlackBull Markets offers flexible commission plans and fast and reliable payments
When partnering with a broker, seek one that offers flexible commission plans, such as BlackBull Markets. It implies that the broker will offer a tailored commission plan based on the customer’s business model and long- and short-term business goals to help attain maximum profitability and growth.