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  1. #1
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    Default 2 IB in one country

    Hi,

    In my country fxopen have an IB, Can I be another IB ?
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  2. #2
    Super Moderator getpaid2trade.com's Avatar
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    Default

    I assume that would depend on the market saturation in that country and whether or not there is enough demand to merit another presence in the Country.

    Your best bet is to email manager@fxopen.com and ask....
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  3. #3
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    Default

    One can always try to set up a rebate service, though it isnt a full white laber broker site, but generally an income, in case you can get clients

    though lately i believe it start to be too many IB brokers of FXopen...
    this said, some of hem is great, but there is points where quality could and should improve before more expansion probably.

    these are only my thoughts.
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  4. #4
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    Default

    First gather your clients from your country, and if you had manny clients (more than 100 ACTIVE) client, you could contact the manager and propose to become one of FXOpen respective IB
    Visit 0.90 Pip Rebate Here
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  5. #5
    Elder Analyst RahmanSL's Avatar
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    Default

    Is there a listing of FXopen IB for each country in here somewhere?
    My country is Malaysia, but I need an IB who can communicate in English instead of in BM.
    I think I will go through an IB for the no frills monthly rebates.
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  6. #6
    Australian business development TaKiii's Avatar
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    Default

    Not all IB's offer rebates. The purpose of being an IB is its a seperate business to trading. Realistically, traders making money, should always focus on the funds they make from their business, rebates can be a good thing if you are trading high volume, but taking 5$ a month in rebates isn't going to achieve anywhere near as much as good solid trading.

    The focus on these types of things has saturated the industry with new traders who focus on the wrong thing, losing their funds, then eventually blaming either broker, IB or signal provider depending on the situation. My strong suggestion is anyone looking for rebates should focus first on their trading, and worry about that when they have volume of significance (10 mio + a month or 100 standard lots) that way rebates are warrented, significant, and can help on a bad month.
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  7. #7
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    Default

    well, i think phrasing a bit different give a better picture

    rebate IS always a win-win for a trader, and it doesnt matter a he is a winner or still in a loser/newbie phase.

    while a winning trader still can accompish higher return with rebate while trading, so can a losing trader lower losses, even turn to profit by the rebate.

    of course, volume is important, but think of rebate as free cash, along trading. As in the and that is what it is.

    even 5$ a month rebate can be a "large" extra return on a 100$ account...yes, 5%+....for what exactly? a sign up and a verification!!
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  8. #8
    Elder Analyst RahmanSL's Avatar
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    Default

    Thank you both for the insights.

    Perhaps I should rephrased that by adding: "...and for the back-up services too (for deposits/withdrawals, Trading Platform problems, etc.)".
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    Default

    I want to be a fxopen IB in Bangladesh. Is there any way to know if there is another IB of fxopen in Bangladesh?
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    Super Moderator nonamer's Avatar
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    Default

    Quote Originally Posted by KPS_Anna View Post
    I want to be a fxopen IB in Bangladesh. Is there any way to know if there is another IB of fxopen in Bangladesh?
    Hi

    If you want to introduce FXOpen in your city or region please write to manager@fxopen.com and we will make an offer that corresponds to your individual needs.

    Thanks
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  11. #11
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    Default

    I'm just a newbies and I'm intrigue with this IB that you guys are talking about. I'm wondering if anyone in here can explain to me what is IB is all about so that I can also try it. I still need to familiarize myself about fxopen.
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  12. #12
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    Default Fx Open IB

    Quote Originally Posted by samil12 View Post
    Hi,

    In my country fxopen have an IB, Can I be another IB ?
    Sure you can host, you can enroll in another IB agents such as exist in your country but you want IB IB with another language or languages ​​Indonesian bleak Inglish
    So my advice may be useful for you a bit
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  13. #13
    Moderator Dangerous's Avatar
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    Quote Originally Posted by vanniefx View Post
    Sure you can host, you can enroll in another IB agents such as exist in your country but you want IB IB with another language or languages ​​Indonesian bleak Inglish
    So my advice may be useful for you a bit

    yes this is , every user of who have a account with the fxopen it`s welcome to join the afflitate program there is no restriction about ib joining
    but if anyone want to setup the a proper office then he should talk with the afflitate program supports
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  14. #14
    Super Moderator nonamer's Avatar
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    Quote Originally Posted by budado View Post
    I'm just a newbies and I'm intrigue with this IB that you guys are talking about. I'm wondering if anyone in here can explain to me what is IB is all about so that I can also try it. I still need to familiarize myself about fxopen.
    Hi

    You can check the detail here --> http://www.fxopen.com/Partnership.aspx
    Thanks
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  15. #15
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    Exclamation

    if i should intend to be an Introducing broker in my country, do i only stick to what FXopen offered me (i.e tools and guidelines) for the purpose or i can as well propose my strategies based on my environment?
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