Are you thinking about being a forex broker? Then, you need two things sound financial backup and a good network online. The second one is the most crucial part. So, let’s understand why?
Do you want to launch your forex trading platform? Then, first, you need to manage all the sales part effectively. Get maximum traders on board. Thus, one can use Forex CRM to manage all your sales functions efficiently. CRM means Customer Relationship Management. So, starting from promotions to managing conversations with the audience, carrying out the registration process, and managing all their query. The FXOD Forex CRM helps you streamline all these tasks. It assists your sales team manage them effectively.
Another important aspect is the IB module. IB stands for Independent Brokers. Get the IBS on board because they give you additional volume. Independent Brokers have their network, and that can leverage by letting IBs trade using your platform. So, you need to select the CRM, which gives an IB module.
Only 2 QUESTIONS that comes in our mind!!
- How to select the best Forex CRM IB Module? And
- How to select the best Forex CRM provider in the world?
Features of the ideal CRM IB Module:
The IB module allows you to manage the affiliates such as Independent Brokers. It is the gateway to scale up your business. IBS makes a huge impact on the business volume, so you need to select the CRM IB Modules.
- Multi-level IB Partners
Through this feature, you can add multiple IBs under one IB. Any IB module should give you the freedom to assign as many Sub IBs as you need.
Rewards & Incentive Slabs
You can assign different levels to IBs. Consider factors like several clients introduced, the volume traded and lots traded, etc.
Self-help Interface for IBs
IBS can monitor and manage its performance through this feature. This way, IBs can put requests and report issues that your team can address.
This feature helps in maintaining transparency in all the transactions with IBS. It takes care of the calculation of earnings and disbursal of payments into linked accounts.
Data & Analytical Reports
This feature helps you in defining a strategy for the future. It includes an analysis of the performances of IBs and a way to identify strong and weak points in the network.
Qualities of the best CRM Providers:
CRM is the backbone of sales operations of a forex trading platform. But it is a technology-based IT product. It has to be constantly upgraded and maintained by professionals. So, select a CRM provider who can offer you these qualities.
If you are to select a CRM, you should always check it out yourself through a demo. Many companies offer a free demo which you can compare and choose.
It is the one quality that trumps all others. If you don’t have to worry about the servers and their security, you can focus on doing business.
The features and facilities of the CRM should be scalable and customized as per your requirements.
- All-round Support
Setting up a forex trading platform requires so many different patch-ups with banking, regulatory bodies, social media platforms, etc. The CRM provider should be able to guide you in that.
- Experience & Manpower
The portfolio describes a CRM provider’s experience and capabilities. An ideal CRM provider should have the experience of doing five projects in the last few years.
FXOD Forex CRM is a brainchild of Trade Soft. FXOD Forex CRM offers you a comprehensive set of features that you need to launch your forex trading platform. Be it a start-up or an enterprise-level project, FXOD CRM gives you a total customized CRM. You can trust the security of your clients’ data with FXOD Forex CRM.