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Monday, 18 June 07:43 (GMT -05:00)

Foreign exchange market

NordFX Offers IB Partners Bigger Profit Opportunities

When it comes to professional moneymaking in today’s Forex environment, everything basically boils down to 2 options:
a) You make money directly from trading currencies.
b) You become some kind of an affiliate in the FX business. More specifically, you work as an Introducing Broker (IB) for an FX broker and get paid for inviting traders to join the company. More often than not, IBs get paid 20% to 50% of the spread paid by the trader. The IB pays a certain share of the profit back to the trader as a rebate (that’s a kind of cashback). So, rebate is some kind of an extra profit for the trader. By the way, rebate is something that’s become natural in the international Forex community.




Apparently, as a trader, you won’t make as much money from rebate as you can make from trading currencies. However, who would refuse to get paid some extra cash from doing the same amount of routine work anyway? For IBs, the bigger the trading volume, the more money they get. For example, an IB can get $1000 - $2500 for 100 standard lots traded by the referred traders. Yet, the IB pays the lion’s share of the profit back to the traders.
Convenient and profitable, isn’t it? And it’s really pleasant when the broker unexpectedly announces an increase in the rebate paid to IBs and traders. By the way, that’s exactly what NordFX did earlier this month. For those of you who don’t know, NordFX is a major Forex broker. Actually, this is the world’s leading broker according to Masterforex-V Expo, an online source embracing unbiased ratings. The recent press release reads the following:

NordFX received the Forex Awards prize for the Best Affiliate Program in 2016. This program allows virtually anyone to create their own business from scratch, without needing to put in a significant amount of initial capital. Commission payments of 30-50% of the spread, reaching $30 per lot, amount to some of the largest in the industry, and allow even a beginner partner to profit handsomely from such a cooperation.


This means increased profits for IBs and increased rebate for traders.




In August 2017, NordFX’s affiliate program was improved to become a 2-level program, with exclusive conditions for VIP partners.
IBs and Traders’ Feedback
According to the top manager of pro-rebate.com, an international auto-copying service, NordFX’s affiliate program is one of the most beneficial offers among forex brokers. For instance, even before the press release and the decision to increase the payouts, the actual rebate paid by NordFX used to be 1,8-2 times as high as the one paid by FIOB Group, for example. With that being said, it’s not accidental that almost half of Masterforex-V Academy traders open their accounts with NordFX, one of the biggest FX brokers licensed by the CySEC, an EU-based financial watchdog.
The company has been offering their services to international FX traders and investors since 2008. The company has been really popular with the international community ever since. All of that became possible thanks to tight spread, favorable swaps, and time-proven reliability. Don’t you remember how the market crash triggered by the Swiss Franc in 2015 devastated such major brokers as MiG Bank, RVD Markets, Alpari UK? However, even under such circumstances, NordFX did survive and keeps on growing today. Now that NordFX is paying more money as rebate, pro-rebate.com is also paying traders up to 90% of the rebate. Apparently, this is good news for both IBs, rebate services and their clients.
How to become a NordFX IB?
The procedure is really simple:
1.     Sign up and get your referral link along with all the required promo content.
2.     Invite new clients through your referral link by using your website, blog, or social network page.


3.     As the referred traders start trading, the IB starts getting paid a certain percent of the commission paid by the traders. And that’s about it!



The broker assists IBs in holding promos, seminars, and trading contests. In order to improve the cooperation efficiency, NordFX offices hold regular meetings with the company’s partners to let them express their thoughts and vision on how to improve the business and discuss the details of their mutually beneficial cooperation.


Each potential affiliate can roughly estimate the profit potential even before getting started. The participant can count on 30% to 50% of the spread paid by level 1 referrals and up to 10% of the spread paid by level 2 referrals. There is a counter on the company’s official website. The counter makes it possible to estimate the potential profit in dollars depending on the amount of referred traders and the daily trading volume generated by them. Apparently, NordFX’s partners and clients welcome this decision.


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Today’s Bitcoin Rate Signals Growing Risks in Banking Sector

Yesterday, the BTC exchange rate suddenly started growing, probably as a part of a recovery move against the existing downtrend. According to CoinMarketCap, the current BTC exchange rate is somewhere above 7500 USD/BTC. Over the last 24 hours, the world’s first cryptocurrency has gained some 5%, trying to recover from May’s downtrend (in case you don’t know, the coin has lost 20% since early May before starting to recover yesterday).

Publication date: 31 May 08:33 AM

Bitcoin Goes Down Before Another Rally?

The BTC exchange rate keeps on going down while being driven by a number of factors and circumstances. International experts say that the price of the world’s first and most popular cryptocurrency is currently going down just to gain some momentum later and skyrocket to new highs.

Publication date: 29 May 11:19 AM

Masterforex-V Analysts name Successful ICOs in May 2018

For those of you who don’t know, an Initial Coin Offering (ICO) is all about raising funds. To be more specific, startups sell their underlying crypto tokens in exchange for existing crypto currencies, mostly Bitcoin, Ethereum and other altcoins out there. This resembles an IPO in the stock market where investors buy a newly offered stock.

Publication date: 23 May 12:14 PM

Bitcoin Will Hit $20K, CoinShares Says

Bitcoin is really capable of getting back to the all-time high at $20K per coin. This is what founder of Coinshares Danny Masters thinks on the matter. He is not a rookie in this business. His company has been creating investment products for the cryptocurrency market and conducting blockchain-related research for years. Mr. Masters believes in the future of Bitcoin and altcoins. However, he thinks the market is yet to pass a few development stages. 

Publication date: 20 May 08:38 AM

German Stock Exchange Börse Stuttgart Welcomes Cryptocurrencies

Soon enough, maybe this fall, German stock exchange Börse Stuttgart is going to start working with cryptocurrencies. For that purpose, the exchange is expected to use its branch. Trading cryptocurrencies will be implemented through the Bison app. The expected trading turnover is around 100 billion dollars.

Publication date: 17 May 12:00 PM

Bitcoin Goes Down, Getting Closer to 8000 USD/BTC

Earlier today, the world’s first and most expensive crypto currency was going down while continuing the downtrend seen a day before. According to CoinMarketCap, the BTC exchange rate dropped below 8300USD/BTC, though it recovered a bit later on. Over the last 24 hours, the currency lost more than 5% of its dollar value. 

Publication date: 16 May 11:51 AM

Bitcoin Rallies Despite Criticism from Buffet and Gates

This trading week, Bitcoin is unlikely to conquer another major threshold located at 10000 USD/BTC. The thing is that some Bitcoin investors were cooled down by the statements made by investment guru and billionaire Warren Buffett, founder of Berkshire Hathaway, as well as by Bill Gates, founder of Microsoft and one of the richest people on the planet.

Publication date: 10 May 09:05 AM

Will Bitcoin Rate Exceed $10K This Week?

This week, the BTC exchange rate may well break above 10000 USD/BTC, most of the experts interviewed by PRIME think.

Publication date: 09 May 12:51 PM

Bitcoin Prospects Look Vague Against Altcoins

The situation in the global market of cryptocurrencies has been changing for a while. Bitcoin seems to be gradually losing its status of the world’s biggest and most popular digital currency.

Publication date: 05 May 10:53 AM

Bitcoin Exchange Rate Goes Up Rapidly, Over $9600 Already

Over the last few days, the Bitcoin exchange rate has been going up continuously. On Thursday, the rate conquered two strong levels of resistance at 9300 and 9400 dollars respectively. On Friday morning, the rate changed to 9600 dollars and continued its way up to new local highs.

Publication date: 04 May 02:08 PM