Multi-Level IB Management in MT4 & MT5
For a forex broker to be successful, it’s not only a consideration but a must to develop an IB (Introducing Broker) referral network. Growing an IB network, however, comes with a series of challenges when using MT4 or MT5. Without the proper back office technology in place, managing IB payments and accounting can quickly become a major headache.
MT4 / MT5 Limitations – Multi Tier IBs
The retail forex industry is highly competitive, especially when building an IB network. The majority of IB relationships a broker begins to cultivate will expect that multi-tier or multi-level payouts are part of the offering. This is not a feature offered directly in MT4 and MT5, requiring a technology solution. Not being able to support this must needed request could result in losing a significantly large revenue opportunity.
Functionality For All Trading Platforms
Being able to offer rebate payouts to sub-IBs in MT4 and MT5 is just one part of the equation. It’s also essential that the Trader’s Room technology has the ability to properly account for payouts across a variety of trading platforms. Although many brokers soley work with MetaTrader, that tends to be the exception rather than the rule.
The Atomiq Consulting Forex Trading Cabinet
Our Forex Trader’s Cabinet is the best solution for brokers looking to easily manage their IB relationships. The interface of our system is simple to navigate and has been developed by industry veterans who understand the exact needs of brokers.
Although a critical feature of our technology, the Atomiq Consulting Trader’s Cabinet offers nearly every feature that trader’s and brokers require to be successful. Our Trader’s Room can easily integrate into your website, and if you are just starting getting started we can also help you to launch your own forex broker website. To learn more about our Trader’s Cabinet technology, website development, and anything else, don’t hesitate to contact us.
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