The Forex Alternative Advisor program opens the door on an entirely new way to make money with Forex: becoming an Introducing Broker (IB) for short.
While most people who begin to get interested in Forex generally try to become active traders and use their own money to buy and sell currencies, becoming a Forex Introducing Broker provides an interesting and potentially lucrative business possibility that you should consider. The Forex Alternative Advisor course by Cecil Roberts (trading expert and educator) shows you how to become successful and highly profitable at being an IB.
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What is an Introducing Broker
Until now, you’ve known that there’s a trader on one side and a broker on the other. The broker supplies the trading platform that actually executes the trade. In the middle, there can be an Introducing Broker, a person or company that has the personal connection with the individual trader and connects this trader to the broker’s platform. The IB gets a commission cut from the broker for every trade the trader carries out. The trader doesn’t pay higher commissions than he would have had he gone through the broker directly, so no one gets hurt.
What the IB does for the broker is get them more customers and may provide additional services such as educating traders and so on. In essence, an IB introduces the broker which he has a business association with to the trader and gets a commission.
If you get lots of traders or even a few heavy ones, these commissions can quickly become tremendous. I’m talking about thousands of dollars a month, potentially more. It all depends on you.
Another benefit is that you’re making money on other people’s trades so you’re not really risking your own on each trade as you do as a regular trader.
Click here to learn some more about what it’s like to be an Introducing Broker
What does the Forex Alternative Advisor Program do
Naturally, to become a successful Forex Introducing Broker requires some skills. This is what the Forex Alternative Advisor program teaches: how to become a successful and high earning Forex and Futures Introducing Broker.
This is a six week program that goes through the entire process of what you need to become an IB and succeed in it. This includes skills such as:
- How to form your business formation
- Understanding the Forex and Futures markets
- Making sure your business is compliant with the NFA (National Futures Association)
- How to market your business to get more clients by building a website, direct marketing and other techniques
By becoming a student of the Forex Alternative Advisor, you can actually get a complete website template that has already been deemed NFA compliant. You will also be able to enter into an IB partnership with a leading broker straightaway and being earning.
The course delivers extensive training in video, audio, and text format to fit every learning style. In addition, you get check lists and other helpful material and access to a members’ site for questions and extra training.
Here are the modules you’ll learn when you take this course:
Module #1 – Introduction
In this model you’ll get acquainted with this new market you’re now in. You’ll get to know the “players” in this market and understand why it works, why there is such a huge demand for it, and how you can capitalize on this demand by becoming an Futures and Forex Introducing Broker.
Module #2 – The Futures and Forex Markets
This module will give you an in depth look at the Forex and Futures market. I believe this is great training for IBs and regular traders alike. You may know something about the Forex market but the Futures market presents a massive opportunity and is usually less clear to most people. Not anymore it won’t.
You will also learn how to get your prospective clients interested in these markets so they want to trade them through you so you’ll get a commission from it.
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Module #3 – Introducing Broker
An extensive look at what an Introducing Broker is and what he or she do to make money. You will learn how you fit into the great scheme of things, how you can market to your clients, how to create value for them, and how you you get paid for every client.
Module #4 – Ethics, Compliance, and The NFA
Being ethical is very important. You’re here to deliver a good service. In this module you’ll learn how to make sure you don’t break any rules without knowing about them, how to be NFA compliant, How you can plan ahead to keep your business in the right place and so on. Very important stuff.
Module #5 – How to build Your IB website
The internet will be your biggest marketing tool as all the trades today are carried out online. in this module of the Forex Alternative Advisor course, you will learn how to build an Introducing Broker website and how to manage it. This isn’t as hard as it seems.
You’ll learn how to keep in touch with clients, how to capture their contact details so you’ll be able to market to them over and over and so on.
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Module #6 – How to Market like a madman
Marketing is the key to your success. This module will teach you many different forms of marketing so you always know how to get more clients. Everything will be covered here: direct marketing, ads, using social media websites, writing articles, doing online webinars and calls and so on.
Module #7 – Putting it all together
In this final module of the Forex Alternative Adviser course, you get a general look at the business you created and think strategically on how you can grow it so it can make you a lot of money. This module helps you make out a great future out of this business.
In conclusion
Becoming a Futures and Forex Introducing Broker is a great opportunity for someone who wants to expand their Forex or Futures trading business and create another income stream by it. The Forex Alternative Advisor course with Cecil Roberts, provides the necessary education, training, and direction you need to succeed in this business.
