LiteForex Introducing Broker Program

Listed Under: Forex Affiliate Program Reviews

LiteForex Introducing broker program is one of the best forex introducing broker programs available. Those familiar with the process while signing up to an Introducing broker would know that it takes a whole lot of paper work and procedures in order to activate the IB account. LiteForex Introducing broker program literally makes it easy to sign up as an introducing broker. In fact IB’s can start promoting LiteForex as soon as their account is made active.

LiteForex has been operating since 2005 and is registered in Seychelles and licensed by SIBA, the Seychelles International Business authority. Offering products such as Forex, CFD’s and metals, LiteForex makes for a solid brand for forex affiliates as well as Introducing brokers to promote, if you aren’t already. LiteForex introducing broker program offers different kinds of partner programs suited for clients at all levels. In other words, traders can introduce others to join LiteForex and earn commissions. LiteForex’s Internet partner program is the defauly introducing broker program offered, while a regional representative program is more advanced and allows for business cooperation with LiteForex.

LiteForex also offers a complete white label solution as well, which is as easy as uploading the files to your web server.

LiteForex Introducing Broker Commissions

LiteForex offers commissions of up to 2 Pips ($20) for each transaction made by the clients referred to LiteForex. Because LiteForex offers an IB program, CPA is not an option. An example of the earnings for LiteForex:

Client A traded 10 lots on the EURUSD pair. Introducing Broker income amounts to 10 x $20 = $200
Client B traded 100 lots on the EURUSD pair. Your income amounts to 100 x $20 = $2,000

Your income: 200+2,000 = $2,200

As obvious the LiteForex Introducing broker program is indeed lucrative and shows good potential.

LiteForex Introducing Broker Program

LiteForex Introducing Broker program comes packed with just about every marketing material an IB or a forex affiliate would need as well as providing a good reporting system to check on the relevant stats.

LiteForex Marketing Materials

The LiteForex introducing broker program offers the following marketing materials:

• Animated/Static and Flash banners
• Trading articles and manuals
• Forex widgets
• Trading calculators
• PSD brochures for offline marketing

Utilizing the above marketing materials is as simple as navigating to the marketing material of your choice and clicking on the banner or relative elements and copy pasting the code that is generated.

LiteForex IB Reporting

The reporting structure at LiteForex is fairly straightforward. However, after you join LiteForex, be sure to Sites ‘Statistics>Web site registration’ in order to add your website for a detailed analytics or in case you have more than one forex affiliate site.

The Sites statics section gives a high level break up of visits/registrations/registrations/depositing accounts categorized on the websites you would add.

LiteForex IB Commissions

LiteForex calculates the introducing broker commissions in real time, thus making it easy for IB’s to monitor the commissions in real time. Further more, there are no hidden terms, thus making LiteForex a fully transparent Introducing broker program. Irrespective of the number of referals sent to LiteForex or for how long the affiliate’s link has been registered, LiteForex IB’s can order payouts of the commission at any time convenient. This eliminates the need for waiting for a certain period of time to withdraw the IB commissions.

LiteForex Prepaid Card

LiteForex offers a convenient method of payment and funds transfer for LiteForex Introducing broker in the forms of a prepaid LiteForex Card. Powered by MasterCard the LiteForex card can be used at any POS as well as cash machines that accept MaterCard, to withdraw funds directly from the LiteForex account.

There is cost of $15 (which is deducted from the affiliate balance) to order the card and it takes around 14 business days for the card to be delivered. A seperate login is sent to the IB to manage their affiliate transfers to the card.

LiteForex introducing broker program – How to join

In order to promote LiteForex, IB’s need to first create a client account. Registration is simple but do pay attention to verifying your account, which includes a SMS verification followed by uploading a Photo ID and a utility bill (at the latest 3 months old) as proof of address.

The client interface has a dynamic message system that keeps you abreast of your current status with LiteForex. Once the documents are verified the LiteForex account is fully activated. Whilst the verification process, IB’s can actually start promoting LiteForex (It takes 1 business day to have your IB account activated).

LiteForex Introducing broker program – Conclusion

LiteForex is one of the few forex brokerages that seem to consider all aspects while building their partner program. The ease of use in signing up as the prompt support available via live chat, email, skype makes it very simple for introducing brokers to contact LiteForex partner support. With 2 pips commission per transaction and taking into account the above factors, joining LiteForex is ideal for experienced introducing brokers as well as forex affiliates who wish to expand their affiliate business further. Especially for those who have never signed up as an Introducing broker, the “LiteForex Introducing Broker Program” should be the program to join.

Become a LiteForex IB