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How can you profit from forex introducing a broker?

In the forex market, many brokers give a chance to marketers to promote them. As a result, almost every broker working today has some sort of a promotion program. 

These programs are becoming increasingly popular because they open a new potential marketing avenue for many marketers. 

Let's dig a bit deeper into the introducing-broker program. 

What is a forex introducing program?

Forex affiliation is a type of third-party marketing in which one trader successfully recommends a certain broker to other traders. Individuals that make recommendations will be compensated financially.

The majority of IB programs are designed to promote a company's brand for a pre-determined fee.

To engage in a forex market affiliate program, a person must first select a broker, analyze the profitability of its affiliate program, then register as a partner and begin attracting new clients for the broker.

How can you partner with a broker? 

To engage in an introducing program, a partner does not need to be a professional trader since he or she will get a portion of the trading activities of a referral who joined the firm due to the partner's efforts.

Participating in a program allows you to make money on the world's major financial markets without taking risks or engaging in any investments or trading operations.

What makes a good IB program?

When it comes to selecting the finest forex IB program for you, there are many variables to consider. So let's take a look at each one individually.

Commissions

Brokers are frequently unwilling to divulge their whole commission structure instead of using terms like "up to $100 per lead" without revealing the lowest-earning threshold.

The compensation structure is provided following signup, and forex IB marketers may track their earnings from the site.

The majority of brokers charge for particular actions. It's generally not just to join up for the site but also to top up their account or make some money. Make certain you understand the required activity.

In the end, regardless of the forex program you choose, you will earn more money by referring more paying clients.

Credibility 

The notion of investing their whole life savings in an Internet trading platform is unappealing to most people. But, first, you must persuade them that your partner is a trustworthy business.

Brokers must be registered with a regulatory authority whose jurisdiction encompasses the nation to lawfully operate there. The more respectable this organization is the more trustworthiness the broker gains.

Good customer support

It's doubtful that your visitors are financial specialists. As an advertiser, your goal will be to alleviate the sense of being thrown into the deep end. Access to the trading platform's demo account, which you promote, may be beneficial.

Many brokers provide the opportunity to get a taste of what it's like to trade currencies. Having this at your disposal can help you get a lot more people to join up.

It's the same with strong customer service, which may make platform adoption easier for new users.

At GetzCapital, the IB program is simple and without any fuss. The signup process is quick and requires no complex integration. Just introduce GetzCapital, promote it wherever you can and voila! 

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Getzcapital Trading Account Types

Getz Capital provides best trading account types in the forex market. In Getz Capital we provide best spreads and leverages to our clients and can have multiple MT5 accounts.

 ·       Flexible Account Types

·       Accounts with exceptional conditions

·       Unlimited access to expert advisors

·       Best Execution Quality

  Micro Account

·       Spread: 1.6-2.2

·       Spread Type: Variable

·       Execution: Market

·       Minimum Deposit: $100

·       Minimum Trade Size: 0.01

      Start Now

STANDARD Account

 ·       Spread: 1.4-1.8

·       Spread Type: Variable

·       Execution: Market

·       Minimum Deposit: $1000

·       Minimum Trade Size: 0.01

     Start Now

 PREMIUM/ECN

·       Spread: From 0.0

·       Spread Type: Variable

·       Execution: Market

·       Minimum Deposit: $10000

·       Minimum Trade Size: 1

 Start Now

 Here you can download the MetaTrader5 trading platform for any OS

 Windows            IOS        Android

 As the world’s most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Open a forex trading account with the No.1 retail provider and use our range of powerful platforms to take advantage of movements in currency prices.

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Importance of Introducing Broker GetzCapital

As the forex market is huge, collaborating with industry’s brokers can help you a lot.

Even if you are not a trader, this partnership can reap low hanging fruits.

But how can you partner with the forex broker?

Along comes the introducing broker program.

In this guide, we are going to dig deeper into the IB program and how you can join GetzCapital, introducing the broker program with ease.

What is introducing a broker program?

A person or company that refers new consumers to another company is called Introducing Broker (IB).

It is a collaboration between the two parties to assist both of their businesses to grow. In this instance, you will be introducing clients to us, and we will compensate you for your efforts.

How it works?

Many people don’t know how the whole process of IB work. So, let’s tell you how it works.

First, you introduce a client to the broker through your website or other marketing channels. You do this by embedding unique links into your content or placing ads on your website pages.

Clients will click through your IB link, and through it, they can sign up.

You can also create marketing campaigns and fire out newsletters, emails, social posts etc. Again you’d include the unique links in these posts.

The broker gives you all the help you need, including various online tools, leaving you free to concentrate on what you do best.

Now that you know what IB is and how the entire process works, let’s move to the GetzCapital IB program.

GetzCapital IB program

GetzCapital partners with its traders to achieve success and offer a wide choice of IB commission schemes with the highest payout among top-level brokers.

It offers you a simple and reliable way of making profits in the forex market.

The GetzCapital IB program is created to incentivize introducers for referred clients. GetzCapital is the optimal partner for IBs of all sizes and levels of experience due to its extremely competitive, volume-based rebate structure and low entry barriers.

Some of the benefits of the GetzCapital IB programme include:

·      Payout of commissions is immediate. All commissions are paid on time and without any additional fees or levies.

·      Free trading tools - You will have access to all of our free trading tools to help you make trade decisions and support your clients.

·      GetzCapital places no limits on how much you can make each client. The more active the client, the more money you will make.

·      Competitive and adaptable. GetzCapital continuously prioritizes its clients and partners. As a result, you will be rewarded with highly competitive and customizable options.

·      Globally-regulated broker. GetzCapital is an authorized broker that’s regulated by several authorities across the world.

GetzCapital IB program requirements

Becoming an Introducing Broker for us is easy. First, GetzCapital requests that you fill out the required application form, which has your standard fields like name and email. Here are some of the additional requirements:

·      Your company name (if you have one)

·      Your website (if you have one)

·      Whether you collaborate with other brokers

·      The number of clients you expect to refer

Become GetzCapital IB and benefit from the trading of clients, which you refer.

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Forex Trading on a Budget: How can you do that?

If you've been exploring forex trading, or even if you're brand new to it, you may be wondering if you need a large sum of money set aside before you start trading.

Because of the low entry barriers and high leverage (borrowed capital) available, new traders can test the waters with small deposits.

While trading forex on a low budget is unlikely to result in big profits, it is a valuable way to learn the ropes and try your hand at trading without taking unnecessary risks.

Fun fact: You don't really need any money to start forex trading –you can do so for free by opening a demo account and trading with virtual money.

In this guide, we are going to break down how you can trade forex on a budget. 

Learn, learn, and learn

The first thing to remember is that you'll need to know what you're doing before you dive in. If you had a good forex trading account that crashed or you're just starting out with no experience, you'll want to develop a good understanding of forex trading first.

Before you open a trading account, familiarize yourself with risk management and other key forex concepts. 

Be Patient

You probably have heard the term, “Patience is a virtue that bears fruit”.

Forex is all about discipline. Starting small can appear to be slow and exhausting at first, but it will keep you disciplined. Trade in smaller steps and think in percentages rather than dollars and cents. If you make a $1 profit on a $10 account, you've made a 10% profit—not bad. If you lose $1, you've just lost 10% of your money and learned a lot. And the whole experience will just cost you $1.

It takes time to learn how to invest profitably. There isn't a single person who was great at it on their first try. Investing in small amounts on a regular basis will assist you in overcoming some of the major challenges associated with learning forex trading.

Opening an account with $100

The good news is many brokers allow to open an forex account for $100. However, keep in mind that you can't risk more than 1% of your trading capital on each trade. 

So, if you have an account of $100, your risk on each trade should be limited to $1, which means that even if you trade right, you can only make very small profits.

To minimize your losses, you should also enter a stop-loss order, which immediately closes a trade at a fixed price. On a day trade, a quick stop-loss order will be ten pips (a pip is the smallest unit of measurement that signifies the movement in the exchange rate for a currency pair). 

At GetzCapital, you can open a Micro account for $100. It's a great way for newbies to experience what forex trading feels like. After some time, you can move to standard and premium accounts. 

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Why Getzcapital is Best MT5 Broker for Forex Trading

As the world’s most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Open a forex trading account with the No.1 retail provider and use our range of powerful platforms to take advantage of movements in currency prices.

Execution Transparency

It is our mission to provide you with the best trading experience. Explore our quality pricing, transparency and execution services.

Trading Station

Our proprietary trading platform provides powerful analytics tools for chart traders and straightforward capabilities for new traders. Why Getzcapital  1.Accessible Easy to-Use Platform

2.Fast Charts as Standard

3.Open an Account Quickly and Easily

 Best In Class

Tier 1 liquidity

To provide you with the best price possible, we derive our prices from a broad range of Tier 1 institutions. These include banks, ECNs and market-making firms with unique liquidity.

Significant price improvements

Our fully customized orders offer you greater control over your trading. With no asymmetric slippage, you could benefit from significant price improvements on every trade.

Full transparency of execution statistics

We fully disclose our dealing practices and never trade against you in the market. Our commitment to transparency shows that our interests are aligned with yours.

Start Trading in Getzcapital

Open a Live Trading Account

Choose between MT5 on either our Micro, Standard Account or Premium Account and get the most out of your trading.

Fund your New Account

Get your account started with minimum deposits from as little as $100. Funding is easy and can be done through the Client Portal.

Start Trading

Place your first trades on the markets! Remember, if you’re a first-time trader, we also offer plenty of free educational services to help you.

Start your Trading plan here

MICRO

Spread : 1.6-2.2 Spread Type : Variable Execution : Market Minimum Deposit : $100 Minimum Trade Size : 0.01

STANDARD

Spread : 1.4-1.8

Spread Type : Variable Execution : Market Minimum Deposit : $1000 Minimum Trade Size : 0.01

PREMIUM/ECN

Spread : From 0.0

Spread Type : Variable Execution : Market Minimum Deposit : $10000 Minimum Trade Size : 1

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What do you need to know about Forex Spreads

If you are just starting, it can be daunting to learn about forex spreads. Therefore, in this guide, we'll mention all the details you need to know about forex spreads.

The forex spread reflects two prices: the buying (bid) and selling (ask) prices for a given currency pair. Traders pay a set price for the currency and must exchange it for a lower price if they wish to sell it back immediately.

For instance, when you purchase a new phone, you pay the market price for it. The minute you open its box, the phone's value depreciates, and if you want to return the phone, you'll get a lower price.

The bid is the price at which the base currency is sold, while the ask is the price at which the base currency is bought.

The spread is the difference between these two values. Brokers who do not charge commissions rely on the spread to make profits.

Types of forex spreads

The forex broker's business model determines the type of spreads you'll see on a trading platform.

Spreads are classified into two categories:

1.    Fixed

2.    Variable

Brokers who act as market makers or dealing desks typically offer fixed spreads, while brokers who operate as "non-dealing desks" usually provide variable spreads.

How are forex spreads measured?

The spread is generally expressed in pips, which is the smallest unit of a currency pair's price movement.

One pip is equivalent to 0.0001 for most currency pairs. Assume the GBP is worth 1.1532 times the USD at any given time. You may assume the pound will improve against the dollar, so you buy the GBP/USD pair at the current market price.

The currency pair's asking price would not be precisely 1.1532. It'll be a little more, maybe 1.1534, depending on how much you pay for the trade.

Meanwhile, neither the buyer nor the seller on the other side of the exchange can earn the entire 1.1532. They'll get a little less than that, maybe 1.530. The spread is the difference between the bid and ask prices in this case, which is 0.0004. That is the profit the broker keeps for taking the risk and making the trade possible.

The spread of 0.0004 British Pound (GBP) in the example above might not seem like much, but even a tiny spread easily adds up when trade grows larger. Forex currency transactions usually require greater sums of money.

You can only trade one 10,000-unit lot of GBP/USD as a retail trader. However, the average trade is much greater, involving about one million GBP/USD units. In this larger exchange, the 0.0004 spread equals 400 GBP, which is a far higher commission.

At Getz Capital, we provide fixed spreads for the micro and standard accounts. For micro accounts, the spread lies between 1.6 to 2.2 and 1.4 to 1.8 for the standard account. In our premium account, we don't charge any spread, so you can trade without any additional cost.

Open an Forex account today!

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Introducing Broker-Getzcapital

Getzcapital introducing broker program rewards individuals and businesses who refer new customers to our Getz Capital. Simply introduce customers to us using your own contacts or marketing efforts and we'll do the rest. Our introducing broker program is our most straightforward type of partnership. Joining is quick and easy, requires no upfront investment or complex integration. Hundreds of partners are already introducing in this way, simply contact us to get started. PROMOTE Promote FX and CFDs to your customer INTRODUCE Customer applies online trading account opening EARN Earn as your customers trade TRACK See your revenue grow using our partner portal Why to become an Introducing Broker with Getz Capital 1. Partner with a provider you can trust 2.Quick On-Boarding 3.Fast Withdrawals 4.Best Commission Structure Register IB

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Getzcapital Trading Platform

Getz Capital provides powerful trading platforms and tools for its clients. Our desktop and mobile trading platforms are equipped with best features and high precision in trade execution. Clients can download the Getz Capital trading platform from anywhere and anytime. Powerful Trading Features From a trade ticket engineered for speed and efficiency to automated Trade Signals from Auto chartist - We offer an extensive list of advanced features.

Wide Product Range We Provide all major Forex and CFDs pairs with tight spread and with best in class order execution speed

Advanced Trading Features Algorithmic orders, one-click trading, options chains and charting packages are just some of the features on our most advanced platform.

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What is Slippage in Forex Trading?

You have often heard of the term “slippage” in Forex Trading. Unfortunately, this phenomenon inevitably haunts traders. There are "fairy tale reviews" about how the broker knocked out stops and drove traders into losses, although slippage affected. GetzCapital gives you transparent trading environment through instant execution and minimal slippage. You should know about slippage in order to know well about instant execution feature of Getz Capital.

Slippage in trading

Slippage is the opening of a trade at a price that differs from the one that was at the time of sending the order, taking into account the spread. For example, you buy EURUSD at 1.12000, but the position opens at 1.12020. You immediately get a loss of 20 pips. Interestingly, slippage can also be in the favor of traders.

If we place an order at one price, but it is executed at a completely different price, resultantly we incur a loss. However, a similar rule may apply to take profit. This would increase profits.

When studying slippage, it is essential to understand what it is:

·      Spread

·      Requotes

·      Bid and Ask prices

The above concepts are closely related and affect the final quotes at which a deal is opened.

Spread differs from slippage in that it is always in effect and is set by a broker who does not want to suffer losses when bringing your trades to the real market.

In practice, a requote occurs when an order's open price is very different from the current one due to high volatility. In this case, on Forex, the broker usually asks you if you want to continue with new quotes or not.

This is a kind of anti-slip protection. The broker notifies you that you will lose on the deal because the price is already far in the other direction while you were pressing the buttons. Those who trade on the news often face a similar situation.

Reasons for slippage in trading

In reality, there is only one reason - it is high volatility and a momentary lack of liquidity on the selected instrument, but why is this happening? Several factors are affecting a sharp jump in volumes and price movements:

1. News release. The most common reason for slippage to constantly occur is release of a news. That is why, we need to watch economic calendar to know well before a news event.

2. Breakout of important price extremes. Often, a sharp increase in volatility can occur when approaching annual highs or lows, which is comparable to the news release.

3. For no apparent reason. Yes, it happens. The market is unpredictable and can jump off the cliff at any moment, and there will not be any explanation for this even in the future. It is possible that a major player urgently needed to sell part of the assets for their purposes, which one can only guess.

4. Price gaps. They can be technical when the market opens after the weekend and for a variety of other reasons. There is no public information about this anywhere, so it is impossible to reliably predict gaps.

How to protect against slippage?

It will not be possible to completely get rid of slippage, which is a fact since they can occur out of the blue and for no reason. However, you can avoid slippage by following some key rules:

1. Do not hold positions when important news is released.

2. Do not carry over positions over the weekend.

3. Be more careful when prices approach important annual extremes.

4. Use limit (pending) orders when opening deals.

With GetzCapital, you can get transparent pricing and instant execution because of tier1 liquidity providers of the broker. You can even opt for premium/ECN account and trade with as low as zero spread. This may help you to keep the slippage at minimal level.

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Getz Capital-Account Types

Getz Capital offers fast order execution, optimal trading conditions, and a convenient personal account for managing your trading accounts. The broker offers you great trading conditions like low margin, high leverage and instant execution of trades. Moreover, you are allowed to use expert advisors with any account type.

To start trading, you need to register a personal account and then open a trading account. Select the account type that best suits your needs and then download the Meta trader 5 trading terminal to get started. You can also use the Meta trader 5 terminal for iOS and Android. Moreover, you connect your trading account with MT5 Web Trader platform as well which will allow you to trade even when there is no platform installed to your computer.

Following are the three account types offered by Getz Capital:

Micro Account

Micro accounts are characterized by opening micro lots for 1000 currency units. It is rational to use a micro account on Forex for the following purposes:

·      Checking trading strategies for efficiency and effectiveness

·      Testing trading tactics

·      Checking the conditions of the broker itself and confirming its stability (for example, testing the speed of order execution).

It is rational to choose a broker with access to Micro Forex account if you are a beginner trader. Usually, the first few months of trading are spent on such an account with the opening of transactions for 0.01 lot (less often for 0.1 lot). Accordingly, on micro accounts, 1 lot is only 1000 units of an asset.

The Micro Account of Getz Capital has variable spread unlike other brokers that mostly offer fixed spread for the micro account. The spread starts from 1.6 pips. The minimum deposit is $100 and the minimum lit size is 0.01.

Standard Account

Standard Account is the most common type of trading account. The minimum lot size is 0.01, Stop Loss and Take Profit can be set both when opening a deal and even after it. Typically, such accounts have a variable spread level that varies according to volatility of the market and the liquidity at given time. The spreads are very low, starting from 1.4 pips. The minimum deposit for this account type is $1000. The best thing is that the order execution is instant.

Premium / ECN Accounts

They are suitable primarily for intraday trading with frequent entries and short trades and also for robotic scalpers. Distinctive features of such an account are higher than on the standard account.

It is also worth noting that execution is better on ECN accounts than on standard accounts, but there are slippages in an active market and spread may widen. This is worth paying attention. This account type is typically for the traders with bigger capital size who may enjoy best spreads and trading conditions.

Getz Capital provides Premium / ECN account with a minimum capital of $10,000 and the minimum lot size is 1.0. The spreads are variable and start from 0 pips. It means that scalpers and the users of expert advisors have great opportunity to use this account type.

[getzcapital]

Best MT5 Broker for Forex Trading : Getzcapital

Open a forex trading account with the partner you can trust. Getzcapital delivers an exceptional trading experience with superior execution. Take advantage of our wide range of trading tools and get started today. 

Why choose us?

Value and Reliability

We strive to deliver value and built reliability among our clients by providing high-quality trading services. With faster and consistent execution, we optimize every aspect of the trading process. 

Trade with assurance

Enter the world of forex by accessing various resources like real-time quotes, analysis reports, and the robust trading platform, so you can trade wherever you want whenever you want. 

No hidden fee

Get access to trading platforms, market news, and trading tools like a calculator and economic calendar without any hidden cost. Get straightforward trading prices without any shady fees.

Best Execution

Trade multiple currency pairs, knowing that your orders will be executed quickly at the best available price.

Powerful trading platform

With a robust platform tailored for your needs, you can reach your full trading potential. Our trading platform offers comprehensive, advanced features like algorithmic trading, one-click trading, and trading signals from Auto chartist. And the best part is you can get all of these features with tighter spreads. 

Extensive education

Discover videos, articles, trading courses on a wide range of trading topics, and get an in-depth education on standard trading terms like spread, leverage, margin, swap, and many more.

More means more

With ample forex pairs to choose from, you can find more investment opportunities and find the right fit.

Get going with mobile trading

We provide an MT5 trading platform for iOS and Android to let you trade confidently with full desktop features. Therefore, you can invest where it belongs.

Market Hours

Trade 24/7 between Monday to Friday and keep the flow going.

Any queries?

Got any questions? Our knowledgeable support team can help you in every matter. Whether you need assistance in platform selection or placing trades, our team is always ready to help.

Account Types

Trade Forex market with the broker you can rely on.

·       Invest in various currency pairs

·       Speedy Executions

·       Licensed and regulated

·       Superfast client approval

At Getzcapital, we offer three account types: Micro, Standard, and Premium/ECN. All our accounts provide tighter spreads, the best leverage, and faster trading execution. With accurate and best available market pricing, you can open multiple trading accounts. 

You can open a micro trading account with as little as $100. In addition, we provide our clients with the ECN trading account. The Electronic Communication Network account gives you direct access to other forex market participants without any interference. The ECN account connects market participants through interbank trading prices. With zero spreads from Getzcapital, you are in for a treat. 

You can access all our trading accounts by downloading the MT5 platform. MT5 is a super-flexible trading platform with a plethora of trading tools and resources. We offer MT5 for Windows, iOS, and Android. 

As market makers, we operate in a regulated trading environment and don't outsource our third parties' responsibilities. Therefore, you can trust us with your funds.