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What is Forex IB? How to earn with Forex IB? The best IB companies. Details about the IB system

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The system known as Forex IB has been one of the most interesting topics recently. The forex IB stands for “Introducing Broker” with its original name, that is, people called promoting brokers share their forex transactions at certain companies or deliver them to more people through different methods. Forex IBs are a business model in which they earn income from these promotions to the extent that they enable them to turn to these markets with their sharing and methods.

Let’s go into the details of how the Forex IB system works and start removing the question marks in your mind.

Why does the Forex IB system exist?

Before moving on to Forex IB, let’s first explain why forex IB is needed by answering the question of what is the forex market.

As it is known, forex markets see the opportunity to sell certain securities or securities at different prices in different countries of the world, with the price of the same commodity here, for example; It is the name given to the markets where profit is made by taking advantage of the difference between its price in China.

All types of commodities and securities can be traded in a forex market. Among them; There are also products such as coffee, wheat or money such as dollars and euros. Following the value of the same foreign currency amount in a different country instantly and selling it expensive after being bought cheap is the main gain gate of the forex markets.

Forex transactions are transactions performed by forex brokerage firms. organizations in Turkey, which will perform a forex transactions must be authorized by the CMB. It is not possible to make forex transactions through an organization that does not receive the necessary authorization from the CMB.

However, despite this it is increasing day by day the number of forex entity that is authorized in Turkey. This brings competition to the agenda. In addition, forex organizations are introducing different advantages to the market in order to attract more customers to them. This is also a situation that increases competition.

Here, forex IBs emerged as a result of this competition.

How does the Forex IB system work?

Of course, if you want to work in an investment company as forex IB, you must have a certain degree of forex knowledge. If you do not have a certain experience and an infrastructure to acquire customers for yourself, you cannot make forex companies take care of you.

Deal with investment company to become Forex IB

The first requirement to become Forex IB is of course to have an audience that follows you and takes your investment suggestions into account. If you have such an audience, the first thing you will do is sign up for the IB affiliate program part of a forex investment company.

After completing your registration, the forex firm will ask you for details about the task you want to do. These details include topics such as where to find customers, how to keep your customers’ bond with you sustainable, and how much you can predict the revenue you will earn from your customers.

Obtaining Forex IB promotional materials

If you are evaluated by the company that you are eligible for forex IB, the promotional products you need to start your studies are provided. If we say product, of course, don’t just think of concrete things. You can do these promotional activities only on the internet, as well as with traditional methods. However, nowadays, the internet is generally preferred because it is the largest area of ​​influence and it is possible to reach thousands of people using the internet at the same time with a single click. According to the method you determined, you will be provided with the relevant material whichever is the most appropriate form of promotion.

Customer tracking

Through the materials provided to you, it is tracked whether a customer is registered in the forex system of that company with your reference. This tracking is a channel that will be determined according to which channel you decide to acquire customers for the company. For example; If you have decided to make a Forex IB transaction on your personal website, it can be easily determined whether a person has come with your reference or not with the banner or links given to you.

How much are Forex IB revenues?

As Forex IB, you will have partnered with companies in exchange for enabling people to use forex exchanges. In this way, if there is a customer who starts doing business with that company with your guidance, the company will give you a certain part of its earnings.

Of course, how much this gain will be varies between companies. At this point, our recommendation for forex IB will be AMarkets, which gives the best commission rate among forex exchanges working with forex IBs.

Although Amarkets distributes profits at different rates depending on the number of customers a forex IB brings and the amount that customer spends on the site, it is still the forex exchange that gives the best rates compared to other sites.

Forex IBs AMark

Level by level is positioned according to working times in ets. There are 3 levels of forex IB on the site. In order to rise between the levels, it is sufficient that the investment amount of the customers brought is high.

Let’s make this more concrete. For example; Let’s say you found 10 people with a capital of $ 10,000. With this amount of money, you can buy 100 lots of any product per month. If you are a level 1 Forex IB for lots bought, you will earn an amount of $ 10 for each 1 lot purchase. So, with a simple account, you can earn $ 1000 per month on Amarkets as a forex IB.

However, it is also stated as a necessity for a forex IB to have at least 3 active customers.

Register with AMarkets and benefit from this unique opportunity to earn by sharing your knowledge and experience.

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Forex

What is an Action Refund Review?

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You have been defrauded by a fraudulent broker. What are you going to do ? In this Action Refund review, we’ll explain everything to you.

A study by “Scamwatch”, with the help of the ACCC (Australian Competition & Consumer Commission), suggests that so far, in 2020, around 195,848 reports of all types of scams have been submitted, with a loss of approximately $ 150,838,567. This is insane!

A real company called “Action Refund” had the ambition to help victims internationally to recover their stolen capital from various crooks in the foreign exchange market. Their team is made up of knowledgeable service agents who have helped dozens of users and victims of scams across the world. In addition, Action Refund offers a free consultation over the phone with a professional case analyst. We suggest that you contact Action Refund as soon as possible.

When you are in the middle of the process of filing a refund claim with a complicated case, it is very important to have professional assistance on your side. If you’re curious about what the company’s collection service is all about, below is an interview with a fraud victim to understand what Action Refund did with their case:

Can you tell us how it all started? (Action Refund Review)

At the end of 2019, I came across an advertisement in my inbox approving that Bill Gates made a fortune from forex trading, so I thought “I’ll give it a shot” and left some of my details on the site of this company.

They assigned me an account manager named “Gary Silverson”. He was polite and appeared to be an expert, promising the world and more with future profits. He assured me that with his advice, my trading account could be multiplied by 10 in no time. I thought that was probably an overestimate, however, if the forex market is open to everyone it is very possible to increase my income and triple my investments, at least that’s what I got. has sold. I wanted to deposit around $ 750 to open an account so I followed his instructions.

Gary explained to me very briefly about the application they are using, omitting crucial details and saying “trust me, you don’t need this info, we need more repositories”. You could say that I was very naive.

That seems good to me…

Back then, I was making decent profits instantly. We had a few trading sessions together for two months. Over time, he started to take control of my account transactions and I followed his lead, not asking anything because I knew he wouldn’t respond correctly. A few days later, the agent reached out to me via WhatsApp regarding a new opportunity emerging due to the announcement of the US election. Gary offered me a zero risk plan so that we could increase my earnings. I confirmed it, and we did make a little more profit.

At the time, my account was showing a profit of $ 5,129 from my initial deposit. I wanted to request a withdrawal of $ 1000 and it was returned to me without a problem. I remember I was quite surprised. I thought to myself, “How could I not find this forex trading company before?”. A month passed, and I reconsidered depositing an additional $ 15,000. Then I got promoted for what the company calls “platinum membership”.

So you claim that you had no problem withdrawing funds from the trading account?

Not at all. As I mentioned, everything went well at first. Honestly, it looked like Gary was doing a good job.

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Forex

Vestle Review 2021 – CySEC Broker Or CySEC Scam?

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Description: Can you be scammed by Vestle broker? Read our comprehensive Vestle review covering the most important information about the broker.

Whether you have or plan to have an account with this broker, this Vestle review is something you must read

Regulated by: CySEC
Headquarters Country: Cyprus
Foundation year: 2015
Platforms: Web trader
Instruments: FX, commodities, shares, indicies, crypto, ETFs

Is Vestle a legit broker?

Over the years, many clients had a terrible experience with CySEC regulated brokers. Therefore, we decided to check few things in our Vestle review. 

For a start, is Vestle regulation a real regulation or yet another attempt of a regulated company to have an off-sight brand. How the broker operates, and the odds that it will steal your money. Let’s start.

 Vestle Regulation and Security

Vestle is a brand owned by iCFD Limited, regulated by CySEC. The company was formerly known as iForex Ltd. Whenever the broker changes its name, there is a reason for that. And usually, the reason is hundreds of unsatisfied traders and bad reviews. 

When it comes to funds, allegedly, every payment method the company uses is supervised by another EU country. It seems that the broker just listed all the countries where payment providers are based.

What can you trade with a Vestle broker?

Vestle is a broker that provides a high range of trading assets. Clients can trade with currency pairs, commodities, indices, shares, cryptocurrencies, and ETFs. There are over 900 assets available.

All the trades are executed on the web trader of a broker called FXnet. This type of trading platform is always riskier than trading with MT4 or MT5. Every experienced trader prefers MetaTrader in the first place because of security reasons, but also because it has more features. Unfortunately, the broker does not have a Demo account, so we couldn’t test the web trader and decide if it’s good or bad. Besides the web trader, the broker also offers Vestle mobile, its own app for Android and iOS devices. 

When it comes to leverage, it’s limited by CySEC rules. The highest leverage is 1:30 for currency pairs.

 

 

Deposit and Withdrawal Methods

When we talk about funding the account, there are several methods available. The client can deposit using debit/credit card, wire transfer, and few E-wallets. For card deposits, funds are visible instantly, while for wire transfers and E-wallets takes up to 5 business days. The same methods are available for withdrawals; only it takes up to 10 business days for the money to appear on the client’s account.

As per our Vestle review, it seems that the broker has issues with double charging. Many clients of this company complained that they see the double transaction in their bank statement. 

When it comes to the deposit amount, Vestle keeps it hidden. Nowhere on the website, you cannot find the list of account types and deposits necessary. It seems that after you get a call from their support, they will evaluate your financial situation and require a certain amount of money from you.

The same thing can be said about commissions and fees the broker is charging. We were unable to find this list anywhere. This looks bad for the Vestle broker. As a CySEC regulated broker, it should be very transparent when it comes to money.

Conclusion about Vestle

Based on everything in our Vestle review, we can say next. The broker shows a low level of transparency about fees and costs. The trades are executed on the web trader, easy to manipulate and change market prices. Even though the company is in the CySEC register since 2015, on the website of Vestle, there is a claim that they are operating for over 15 years. Now, it opens two questions: were they working unregulated or misleading clients to believe they are joining a long-lasting company. Whatever the answer is, a broker should not be proud to publish it.

After saying all this, we will leave it to you to decide if Vestle is a good broker or yet another CySEC scam.

 Source : Plato

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New method of investment: Copy trading, or copy trading as it was originally called

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These are busy days for those who have a certain level of savings in the economy. Because already sharp movements occur in the Turkish lira because of their very high rates of investment to translate the uncertainties in Turkey in recent times with a certain amount of savings. This enables people to turn to different investment methods.

If you are looking for a dynamic investment method and still do not know where to start, we will have a profitable suggestion for you. A type of investment, originally called “Forex copy trading”, and another name that can be translated as copy investment in Turkish is social investment. It can be a good entry-level choice for those who do not know exactly how and how to invest in investment vehicles.

The basic logic of copy trading is to imitate the investments of successful investors in the exchange you want to enter. It’s that simple. Anyway, the name of this investment concept is therefore determined as copy investment.

According to one of the studies conducted in recent years, this type of investment is increasingly taking up a place in the market. The copy investment market will reach an amount of € 70 billion by the end of 2025, according to researches.

To start copy trading, the first thing to do is to choose a reliable and profitable investment platform. At this point, the next step in choosing a reliable investment platform is  Forex Copy Trading

that is, to be able to follow reliable investors for copy investment. Therefore, the choice of platform is very important at this point.

A Close Look at Copy Investment

In short, it is important that copy investment or social investment platforms allow experienced investors to copy their investments directly. Here, when you find such an investment exchange, the investment made in this way is also called “auto investment” because you invest your own account directly into the account of the experienced investor.

You can invest in the form of copy investment in the BIST 100, crypto money exchanges and even foreign exchanges. It is a method that can be followed even for foreign currency deposits. However, it will require serious research at the stage of determining the investors you will follow in the first place.

How Exactly to Invest in Copy?

In fact, there are two popular ways to do this.

Following the Investors’ Strategies One to One

Whichever exchange you are investing in, you can learn the investments made by the really experienced names of that stock exchange with a good research and make these investments one by one.

Benefits:

Simple System: The investment you will make in this way will be a very simple and easy-to-use investment type. This is the reason why it is called auto investment as a type of investment that you can directly imitate the investments of expert investors in the field.

Flexibility: You can follow this type of investment from any digital device. It is a very flexible method as you will do the same no matter where you are, as soon as you hear about the direct investment of the person you follow, as there is no subject to think about.

Choosing a strategy is very easy: All you have to do is find the best in the field with the right research. Once you find it, it will be very easy to determine your strategy.

Transaction Fees: Most successful traders will charge you a certain fee to return their investments. These fee claims create an additional cost. However, you can manage your funds with the confidence that there will be no additional fees or expenses for the investment.

Let others follow your investment. For this, create an investment strategy.

Here you will be the one followed. Of course, this has certain advantages and disadvantages.

Your strategies will directly affect the market: Since you will be the person who will determine the strategy, whatever strategy you follow, the strategy you will follow will be a strategy that will affect the market completely.

You will also get the reward for your labor outside of profits: In this way, you will have to spend all your work on this work. However, you will get more than your followers for your efforts.

You will set the rules of the game: However, doing these operations will require both very serious experience and serious work.

Of course, it would be useful for you to carefully investigate whether there is a method to follow completely. However, it is possible to say that you can carry out such transactions with peace of mind with detailed analysis on the leading quality investment and stock exchange platforms such as AMarkets.

 

 

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