How to become an introductory broker for Tickmill
Do you want additional income??Introduction to Tickmill Broker offers a solution to profit from the Forex market without opening any trades。
Do you want additional income??Introduction to Tickmill Broker offers a solution to profit from the Forex market without opening any trades。
The tremendous growth of online trading has allowed people to make money in unprecedented ways, and retail traders can now participate in the financial markets with considerable ease and experience the same trading environment as investment banks and large companies, as well as by introducing broker (IB) programs.。
Today, many Forex brokers offer traders the opportunity to become an IB in their business, helping them win new clients and promote their services to a wider audience.。At the same time, traders can take advantage of such opportunities to earn additional income and even make it a strong independent business。In this guide, we will give you a comprehensive introduction to Tickmill's Introductory Broker service, helping you understand what you can get from it and how to become a professional。
What is IB?
Introducing brokers (IBs) originally started in the commodity futures market, but has grown significantly in the currency market in recent years, basically referring to the act of making money by referring people to a broker。In short, IBs are agents who introduce new clients to brokerage firms and earn income for each client they successfully attract。
In fact, a lot of people have been doing this practice for a long time, just not in an official capacity。For example, traders often recommend their favorite broker to friends and convince them to become clients as well。Yet until recently, began to make money by doing。
Having said that, the IB industry brings a huge revenue stream to traders as they can now enter into formal agreements with forex brokers to acquire clients and access larger markets with better resources.。
Tickmill IB Program
Tickmill is a leading brokerage firm that provides traders worldwide with a wide range of tools and supports a variety of trading strategies.。In Tickmill, it is very easy to become an IB because there is no cost to register。You are free to work anywhere and promote your services any way you like。You can refer traders directly, guide them through the real account opening process, and introduce all the benefits of being a Tickmill customer。
Tickmill is an award-winning global ECN broker licensed and regulated by the Financial Conduct Authority (FCA), Cyprus CySEC and the Seychelles FSA。Founded in 2014, the company offers a variety of trading services to retail and institutional clients with a focus on foreign exchange, equities, commodities, CFDs and metals.。
For traders who prioritize spread value in broker selection, Tickmill offers premium services with low spreads, from 0.From 0 o'clock。
The London-based company's mission is to provide clients with the best possible trading environment so that they can focus on trading and become successful traders, such as offering 0.15 seconds of quick execution。With this setup, Tickmill gets CFI.Best Forex Executive Broker Award 2019 from co Awards。In addition, Tickmill has been awarded "Best CFD Broker in Asia 2019" by International Business Magazine, "Best Forex Broker in Asia" by Forex Awards and "Most Transparent Broker in 2019."。
After registering with Tickmill, traders can choose the most desirable asset among the 60 currency pairs available for trading。If the trader is not yet sure whether to open a real account, Tickmill recommends learning to trade through a demo account。
There are also educational features such as webinars, seminars, e-books and video tutorials。Traders can use all these facilities to increase their knowledge about trading and the financial markets in general。If traders already have enough knowledge, they have a greater chance of consistently earning profits。
For traders who sign up for a real account, they can choose to offer three types of accounts, including professional accounts, classic accounts and VIP accounts。Traders can take 0.01 minimum order opening。This applies to all types of accounts。
The company offers advice to traders who are still confused when choosing an account。For example, for novice traders, Tickmill encourages customers to opt for classic accounts。It provides the best conditions for fast order execution while enabling traders to use almost any trading strategy。In addition, the account does not charge a trading commission, so the trader only pays the buy / sell spread。In addition to the above three main accounts, Tickmill also offers Islamic accounts (free of overnight interest).。
At Tickmill, however, traders can only use MetaTrader 4 as their trading platform.。Although not much compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface with sophisticated order management tools to help traders control positions quickly and effectively。
One-click EA integrated on MT4 enhances the convenience of Tickmill trading。Traders will automatically receive stop loss and take profit calculations; most importantly, Tickmill provides VPS hosting for automatic traders who do not need to worry about technical issues such as Internet connection。
They offer a variety of third-party research solutions, including Autochartist, a popular pattern recognition software that uses automated technical analysis to make predictions and generate trading signals.。Autochartist is available in the portal of Tickmill and as a platform plug-in for MetaTrader 4。
As a Tickmill customer, traders can deposit and withdraw money using multiple payment methods including Visa, Mastercard, Bank Transfer and Skrill。Tickmill accepts deposits and withdrawals in 4 currencies, including USD, EUR, GBP and Polish Zloty。
Overall, Tickmill is a competitive spread broker and offers a safe trading environment with its regulated entities located in three different jurisdictions.。Although the trading platform is not great, the analytical tools they provide to meet the needs of traders meet the standards of retail brokers。
Operation principle
As mentioned earlier, IB makes money by referring new clients to specific brokers, and the process is actually very simple。First, IB must attract new customers and lead them to account opening。Active clients will then deposit some funds and start trading using their real trading account, generating a certain volume for each closing trade。In fact, IB will earn commission according to the client's trading volume, the larger the trading volume, the more commission IB gets。
Keep in mind that the broker will only pay for each client who becomes an active client。So if you refer five traders to a broker, but only two of them register and deposit funds, then this means that the broker will only pay for two traders who later become active clients。
Who can become IB?
Anyone can become an IB。Typically, successful brokers are senior traders who have a strong track record and the ability to effectively analyze the market。Having high quality trading skills can certainly help them attract customers as they are considered reliable and trustworthy。Most people tend to follow the advice of people they know or people they admire, so this is undoubtedly a big advantage for senior traders。
But it's worth noting that not all IBs come from such a background。With the right support and resources, there is a good chance of becoming a successful IB even with little or no experience。Social media is a great place to start gaining a wider audience by posting useful deal-related information, advertising and various brokerage quotes。
It is also a good idea to interact with people and show a good understanding of the market to gain their trust, there are many communication channels that can be used for this purpose, such as websites, online forums, etc.。The more followers you have, the greater your chances of getting referrals, active clients and, ultimately, commissions。
What you can offer your customers
As a Tickmill IB, you can offer the following products and services to potential customers:
- Effective and insightful transaction analysis
Free tuition and guidance, including daily and weekly actionable trading ideas
Interactive help via video call or webinar
Quality Education to Improve Trader Skills
Forum and community interaction
Reliable Expert Advisors and Trading Signals
Various attractive cashback services
Intuitive trading platform for social trading and algorithmic trading
Access to many reliable news sites and channels
How to Become a Tickmill IB
Sign up for Tickmill
Just go to the official website and create an account, fill in your personal information and trading experience to complete the customer area registration。Validation Data
Upload files required for the validation process。Once the account is fully verified, the broker will notify you via email and the account status will change automatically。Becoming an IB
Activate your IB account by opening the client area and entering the IB room。Get the resources you need to promote your broker, such as links, logos, banners, and landing pages。Start promotion
Use marketing materials to launch attractive ads and win new customers。Then refer the customer to Tickmill using your unique tracking number。Earn commission
You will earn commission according to the agreement when the client starts trading。Once the customer opens and closes the transaction, the amount will be paid automatically。
Benefits that can be obtained
Becoming an IB for Tickmill can bring you many benefits, such as:
- Working with one of the most reliable and transparent brokers on the market。
Classic accounts can earn $10 per lot, professional accounts and VIP accounts can earn $2 per lot。
Your recommended qualifying trades will automatically receive a commission。
Use the powerful IB Room with comprehensive fund and account management tools。
If you are able to refer your clients to open a professional account, they will receive a 5% commission discount。
Use a wide range of ready-to-use marketing materials and resources to attract new customers。
How to attract retail customers?
Often, IBs begin to expand their network by pitching brokers to clients they know directly。This method tends to have a high success rate because it is easier to convince people directly, especially if they know who you are and what you are capable of.。However, this can only take you so far。You need to scale your business and reach a wider audience。Thankfully, the Internet now offers a myriad of communication methods to help you get started。
There are several platforms you can use to attract a trader's attention: Facebook, Whatsapp, Instagram and Telegram are some powerful options worth trying。You can also create your own dedicated website to post various content related to the transaction, the key is to provide a certain degree of free but valuable information。This can be anything from daily market news to a brief market analysis of a particular tool's price。Be sure to showcase quality content to build your reputation, but don't give up too much。At the same time, it is implied that customers will get more once they register as active with the broker.。
Use the platform to create a solid community of traders and give a sense of solidarity, belonging and support, interact with them and listen to their experiences with Forex brokers。In addition to this, generating email lists that attract customers and sending them newsletters to keep them informed of Tickmill's latest offers also helps promote。
It is important to understand that once successful in attracting new customers, it is still necessary to retain them and ensure that they stay as long as possible。In this case, you can provide them with ongoing guidance and exclusive materials to keep their deal。Then you can increase the level over time。For example, start with weekly webinars and one-on-one meetings。This method can add value to customers and keep them longer。
Conclusion
Becoming an IB is a rare opportunity for anyone looking for extra income, it is completely free and there are no complicated requirements。Given the broker's reputation in the trading world, promoting Tickmill is also a big plus。You can get rich marketing materials and offer a variety of quality products to potential customers, making it easier to earn commissions。In order to be successful, you need to have a good business plan and be sure to conduct research and put the interests of your customers first。
Tickmill It is Tickmill Ltd.The company provides trading services through quality products and innovative technologies.。Superior trading conditions, ultra-fast execution, security of client funds and dedicated support are at the forefront of the services it offers。
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