As a leading provider of Forex trading services, UMOFX supports a wide range of network of Referring Parties, one of the best in the business. With its high profit potential and its ever-growing popularity, the online Forex trading sector makes a perfect partnership product.
Through UMOFX, you will have the ability to introduce to your client(s) to a global marketplace. The ability to trade currencies in convenient environment with access to deep liquidity market, flexibility and buying power will be benefited to investors of all experience levels. Co-operate with UMOFX and start developing and expanding your own client(s) base.
UMOFX offers an excitement of Forex trading to your client(s) and at the same time helps you to generate a steady stream of profits from its partnerships program.
We are offering 2 types of Introducing Broker (IB) partnership:
Introducing broker (IB)
The IB commission will be paid by the Company as follow:-
In a situation where client(s) has not accepted bonus:
A Mini4 account is 1.0 pip per lot for each complete transaction made.
A Mini5 account is 30% of spread for each complete transaction made.
A Standard account is 30% of spread for each complete transaction made.
An ECN account is 25% of spread for each complete transaction made.
In a situation where client(s) has accepted bonus:
A Mini4 account - 0.8 pips per lot for each complete transaction made.
A Mini5 account - 80% from 30% of spread for each complete transaction made.
A Standard account - 80% from 30% of spread for each complete transaction made.
An ECN account - 80% from 25% of spread for each complete transaction made.
Social Introducing Broker (Social IB) - Only available on mini4 account
Social IB is entitled to receive a referral commission from each trade made by their direct client(s) and any other client(s) who are registered under the said direct client(s) for up to a maximum of 3 levels, the calculation of commission shall be as follows:-
Level 1 - 50% of the 1.0pip directly from their direct client(s);
Level 2 - 30% of the 1.0pip of the second level client(s); and
Level 3 - 20% of the 1.0pip of the third level client(s).
However, for a trade made by a client(s) who had chosen to receive the Deposit Bonus, IB and Social IB is entitled to receive only a referral commission amounting to 0.8pips from each trade made by their direct client(s), the second level and third level client(s).
This program gives higher commission and is designing for partners who have own website with financial contents.
Open a live trading account with UMOFX now and upgrade your status to IB or Social IB by entered your website url for pre-moderation. You will receive an IB link immediately, it is your personal unique referral link. Next, you will need to promote your referral link and gain your own client(s) and build your client(s) base. Any client(s) who open a live account with UMOFX via your referral link will captured by the system as your referred client(s). An email will be notified upon successful registration of the new client(s). Log in to your traders cabinet to see more information of your new client(s).
Pleased be aware that the only and final legal document that regulates the relationship between the Broker and the IB is the IB Agreement. It sets forth the rules for IB(s), explains IB commissions and payouts, stages of the IB program and other aspects of IB activities. Please make sure to read and understand the IB Agreement before open an IB account with UMOFX.
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