A closer look at Khwezi Trade’s referral program
Khwezi Trade Referral Program is an innovative platform which offers growth and revenue opportunities. How can brokers be part of it?
Affiliate brokers can now find lucrative new ways to make money with Khwezi Trade. Participants in the Khwezi Trade Referral Program can earn sizable commissions based on a tiered payment structure.
Participants of the Khwezi Trade Referral Program gain marketing support for referring clients to a reputable OTC-approved and FSCA-regulated Forex broker in South Africa.
The importance of regulation when partnering with a broker
The first and most important step in selecting a CFD broker is to verify that it is regulated by a reliable organisation. In South Africa the national regulator is the FSCA (Financial Sector Conduct Authority).
An IB’s reputation could be at stake if they worked with a broker who lacks the proper licencing. This will hurt the company’s image, which in turn will hurt future sales and profits.
With the FSCA looking more closely at all CFD and forex firms, both current and prospective, OTC market transactions are more transparent.
It is the responsibility of the South African financial authority to ensure that all forex and CFD brokers are legitimate businesses. Due to this, brokers and their clients are now subject to stricter rules and regulations.
In 2013, Khwezi Trade became a fully regulated FSCA member. This business is authorised as both a Financial Service Provider (FSP) and an Over-the-counter Derivatives Provider (ODP). As a result, business transactions with customers can take place in a transparent and secure environment.
What Introducing Brokers do
An Introducing Broker’s job is to make trading easier for their customers. They screen potential brokers to make sure their services and products align with their clients’ demands and trading preferences.
Traders who wish to offer their services now have more opportunities than ever before thanks to the Introducing Broker industry. By partnering with trustworthy brokers, traders may expand their client base and tap into a wider market with greater resources.
The practise of using Introducing Brokers, which was first established in the market for Commodities Futures, has recently expanded to the more liquid Spot Forex market.
Many merchants already use unofficial IBs. If a trader has had a good experience with a broker, they are more likely to suggest that broker to their friends.
If you’re interested in becoming an Introducing Broker, a formal agreement with Khwezi Trade is a good place to start.
How to partner with Khwezi Trade
For more information on Khwezi Trade’s Partner Program, visit the company’s website. You can contact the broker about forming a partnership through the Partner Program by writing to the Partner support staff.
As already indicated , the Financial Sector Conduct Authority (FSCA) regulates Khwezi Trade, a popular Forex broker in South Africa. Therefore, Khwezi trade is in a great position to provide its customers with a safe and open trading environment.
Khwezi Trade also provides narrow spreads and first-rate customer service in addition to its extensive asset offering on the popular MetaTrader 5 trading platforms.
With Khwezi Trade’s IB proposition, you may design your revenue stream thanks to the company’s attractive, flexible payment arrangement.
The first part of this dual compensation structure is the Revenue sharing plan, under which IBs receive a percentage of the revenue their clients generate.
The second option is a “Hybrid Plan,” wherein an IB’s commission is comprised of both revenue sharing and CPA.
