KUALA LUMPUR, Sept 20 (Bernama) -- Global FX and CFD broker, Axi has announced a significant overhaul to its Introducing Broker (IB) program, with a more flexible structure that focuses on building stronger relationships and helping partners grow their client referral business sustainably and profitably.
The revised structure will initially be rolled out to partners in the Asia region who will benefit from an improved rebate allocation, the ability to earn rebates on all account types and products, new trading products, reduced spreads on a range of existing products, the availability of leverage up to 1:1000 and additional earning potential via a second-tier of sub-Introducing Brokers.
In a statement, Axi Chief Commercial Officer Louis Cooper said: “The Axi Partner team has listened closely to what traders and referrers want in today’s market, and I believe we’ve delivered a highly compelling package that builds on the superior service we offer clients, differentiates us from our competitors and reflects what partners truly need to achieve long-term sustainable growth.”
The new structure is centred around clearly defined tiers that offer flexibility to earn rewards based on the volume of referrals made. As a partner refers more clients and the total trading volume increases, they become eligible for greater rewards.
“Fundamentally, our business is built on having an exceptional trading service that offers clients everything they need to gain an edge in the markets. With that firmly in place, we have the ability to grow and nurture very strong relationships through our IB program.
“We have a magnificent team dedicated to supporting our partners to achieve their ambitions as referrers, and we’ll reward them very well when they do.
“We’re interested in building genuine partnerships that are mutually beneficial, and that’s what we’re delivering now and into the future.”
With a greater public awareness and interest in cryptocurrencies and other crypto assets, Axi has taken this opportunity to help its referral partners by expand its existing product range to 77 cryptocurrency CFDs, with full volume profile data streaming through the MetaTrader 4 (MT4) trading platform.
-- BERNAMA
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