INTRODUCING BROKER/WHITE LABEL – FAQ
The following are the answers to some questions that you may have: What are the responsibilities of the Introducing Broker? The IB is responsible for referring prospective, suitable FX customers to Investtechfx and further assist such customers with opening a trading account with Investtechfx. All customer requests and transactions shall be communicated and processed through the IB. What will be the responsibilities of InvestTechFx? InvestTechFx shall be responsible for the administrative functions regarding the opening, maintenance and closing of the FX accounts referred to by the IB. Investtechfx will provide the IB's customer’s accounts with access to its IT Fx MT4 trading platform and other support and services necessary for the customer to engage in FX trading. The commission will be negotiated and determined depending upon the IB’s level of experience, the anticipated number of customer, volume of funds and the regions that will be covered. Do you need to have an account to be an IB? We prefer our IBs having an account with us, in order to get a better understanding of our platform and services. Another advantage that the IB will have is that his/her commissions will automatically be credited to the IB’s trading account on a daily basis. What is the minimum deposit required to be made by each IBs customers? Each IBs client must deposit a minimum deposit of $1000 WHITE LABEL (WL)
We offer two types of White Labels: 1)Generic White Label: The individual is not authorised to use his/her own logo. The Generic White Label is for individuals that do not have much experience. In order to receive a WL contract, a deposit of USD $ 10,000.00 is required. Typically, $5,000.00 of the deposit is a one-time non refundable fee charged by Metaquotes required to set up the MT4 for you with your own logo. The other $5,000.00 is retained in your account to cover the $1000.00 monthly fee charged for the WL support services, data feeds, the 24/5 monitoring service and technical support you will receive from InvestTechFx. The service and support is provided to you on an on-going basis. For WLs who contract with us before March 2011 and remain with us for 12 months or more, we will waive off the $5,000.00 non-refundable fee and the $1000.00 monthly fee and the total sum of $10,000.00 will be retained in your account and refunded once the contract is completed. As mentioned above for a full WL there is a monthly fee of $1000. If you provide a very high level of activity (1000 lot or more trade per month) we will waive off this fee. What kind of certified documents do you need to provide in order to apply for a White Label? You will be required to provide a certificate of incorporation and to some extent proof of business activity. Is there any minimum requirement for monthly trading volume? There is no minimum requirement however as mentioned above if you go over the 1000 lot per month trading volume, the $1000 monthly fee will be waived off. Does InvestTechFx provide registration?
The Package includes our MT4 Platform, our technical and support services in regards to the platform and the commission package. Liquidity Provider Services? As a full WL, you can use our liquidity provider, which offers the 1/2 pip fixed spreads for the six majors and 1 pip for almost all others or you can choose your own liquidity provider. If you decide to use your own liquidity provider there will be a $1 per lot charge. Where will you deposit your customer's funds? We do not provide a bank account for your customer’s funds. You can open your account in a bank feasible for you. How long will it take to set up the MT4? If you provide all the required documents in a timely manner, it should not take more than 1 week to set up the MT4 Platform. CERTAIN INFORMATION REQUIRED BY INVESTTECHFX In order for us to provide you with the best possible deal in the market, as the number one leading Forex Industry, that provides the MetaTrader4, and a fixed 1/2 PIP Fixed Spread for 6 major currencies, we require certain information from you. We would like to know: |
InvestTechFx is always happy to welcome new Introducing Brokers (IBs) and White Labels (WLs). As a flourishing business, we are constantly looking for new methods to enhance our company's potential and increase our clientèle. Therefore, we are very interested in working with you and look forward to having you as part of the Investtechfx Team! We consider our WLs and IBs as our business partners.
What kinds of White Label packages do we offer?
We are a software solutions company and only provide the MT4 Platform and services connected to it.