Business Opportunities in Forex with the FIBO Affiliate Program

Becoming a broker partner can certainly provide a profitable business opportunity in the forex market. For those of you interested in establishing a similar cooperation, broker FIBO provides a prime partnership program as an Introducing Broker (IB). Here, you can earn monthly commissions simply by introducing and directing prospective traders to open trading accounts with broker FIBO.

Some of the common benefits offered by the FIBO partnership program are:

• A flexible and transparent cooperation program, designed with an individual approach.
• A variety of attractive promotional materials.
• No restrictions on commission withdrawals and calculations.
• Online reports are available to monitor commission payments and client transactions.
• Competitive commission rates.
• A simple yet efficient registration procedure.
• Commissions are paid daily, with no restrictions on the amount withdrawn.

 

Types of FIBO Partnership Programs

The main program offered by FIBO broker for partners is Introducing Broker (IB). However, FIBO also opens Agent PAMM and Informer as alternatives to broker-partner cooperation schemes.

 

1. IB Point

This program allows partners to receive a commission of 1 pip from every transaction of traders who register MT4 Fixed accounts under their referral. As for commissions on other types of trading accounts, the amounts are:

• MT4 Floating: 30% of the spread.
• MT4 NDD: 25% of the commission.
• cTrader NDD: 15% of the commission.
• CFD: USD3 per lot.

2. IB Percent

Here, partners will receive a commission of 30% of the spread (MT4 Fixed accounts). This commission is calculated from every closed trader position. Just like the provisions in the IB Point program, there are differences in commission amounts for each FIBO trading account:

• MT4 Floating: 30% of the spread.
• MT4 NDD: 25% of the commission.
• cTrader NDD: 15% of the commission.
• CFD: USD3 per lot.

3. PAMM Agent

The opportunity to become a FIBO broker partner is not only open through the IB route. You can also participate in the PAMM Agent program. As an agent, you are tasked with attracting investors and directing them to invest in the chosen Manager's account. In return, the Manager who receives new investors as a result of your search will pay a certain commission (remuneration).

The profit distribution scheme in the FIBO PAMM program:

To register as a PAMM Agent, here are the steps:

• Open an account with FIBO broker.
• Login to Client Cabinet.
• Complete the data verification process.
• Join Partner Programs (IB) as a PAMM Agent.
• Understand and agree to the terms of service in the "Managed Account" program.
• Open an Investor account with a USD currency type.
• Set the remuneration value.

4. Informer

Informer is an attractive set of tools from FIBO broker, for owners of forex websites who want to add informative widgets about trading analysis. This tool is available for free and consists of:

• Currency quotes.
• Economic calendar.
• Forex analysis.
• Open trade information.

Through the partnership programs mentioned above, broker FIBO provides flexible conditions for those of you who want to try the forex business as a broker partner. The IB program can be a choice if you are interested in earning commissions from client trading activity, while PAMM Agent is perfect for those of you who have expertise in attracting potential PAMM Investors.

Meanwhile, the informer tool can complement your needs if you have registered as an IB or PAMM Agent, and want to attract prospective traders and Investors through the website you develop yourself.