Multi-Level IB Logic for MT4
Increase the growth and potential of your brokerage by using Trader’s Room multi-tier functionality to expand your IB business (IBs within IBs). Hiring IBs is the fastest and most reliable way to grow your business and network. By offering multi-tier IB structure your brokerage will stand out and your IBs will be more motivated.
Here’s how it works:
In addition to traders, your IBs can sign other IBs up. The new IBs can in turn sign other IBs and traders up. We call this logic multi-tier IB structure. The commissions add up automatically without your involvement based on the settings you set (you only have to do it once) in your admin interface.
The benefits include:
- Ability to offer sub or tiered IB structures
- Rebates distributed in pips or money values to multiple sub IBs
- Lower trader expenses (the rebates are generated and posted at your expense; the trader is never billed for those)
- And best of all, this can be done on a shared whitelabel MT4 (No MT4 server plug-in or development needed)
This logic goes hand-in-hand with the social media viral effect. Facebook and LinkedIn signups significantly boost the multi-tier IB effect.
Andrea is the BossShe will set the commission structure in the settings.
Rob is an IBHe uses his referral URL, available Banner, or a signup form on his site to refer Bill.
Bill clicks on Rob'sHe will now sign up and get his Agent Account field populated with Rob's MT4 number
Rob is Bill's IBHe can now review all the commissions he received and he knows exactly from whom.
The process of setting up a back office and CRM has been easy and straightforward, thanks to Kenmore Design. Their development team has been with us every step of the way and communication has been effortless. Response time has been very quick.
The CRM has helped our management team stay one step ahead when it comes to handling tasks and clients, which has helped our business remain effective and efficient.
Support has been great. Kenmore Design is always right there when we need them to ensure that operations continue to run smoothly. They are always clear with us so that there are no misunderstandings.
In addition, their Multi-Tier IB support has the exact functionality we were looking for and is user-friendly, providing us with a reliable and easy-to-use system. Overall, we are quite satisfied with Kenmore Design’s products and exceptional service and can highly recommend them.
Call us: +1-617-381-4865