Knowledge Base
Forex Broker Solutions – Optimizing Client Acquisition
Your forex broker solution determines more than your trading environment and products. It also plays a significant part in your client acquisition costs. Success as a forex broker depends on a steady stream of new traders and re-deposits from existing clients. Client acquisition costs have soared over the last few years, and much of the…
Read MoreBest Payment Gateway For Forex Brokers
Choosing the best payment gateway for forex brokers has become one of the key deciders for the success of your operations. We live in a world where consumers, particularly online, demand instant results. Nobody likes waiting for anything, and especially in the world of online trading, your clients expect deposits to arrive in their trading…
Read MoreRisk Management in Forex Trading
Risk management in forex trading is a crucial consideration for your brokerage. Online trading, particularly the forex market, is a fast-paced and dynamic financial market. Participants at all levels run the risk of trading loss. This risk potential is true for brokerage operators and traders alike. For forex traders, the risk is finite and defined.…
Read MorePLUGIT: Revolutionizing Broker Solutions with Client Centric Onboarding
Since 2012, PLUGIT products have helped brokers manage and optimize their operations, from client acquisition to trade-related add-ons. With a product line that includes a forex-optimized CRM, Dynamic Margin, MAM/PAMM, Copy Trade, Partner Management, and Bonus Management, we’ve gained an excellent reputation for the quality of our products as well as the levels of client…
Read MoreWhat is Dynamic Leverage in Forex
Dynamic leverage is a risk management tool used by brokers to minimize their trade exposure and, at the same time, offer attractive trading conditions while protecting client accounts from the effects of over-leveraged trades. Today’s article will focus on the concept behind Dynamic Leverage and look at real-world applications and how they can apply to…
Read MoreAn A to Z Forex CRM Glossary
A Account Management: Refers to the management of detailed information about individual customer accounts, usually to understand and serve them better. Automation: The process of using software or technology to perform tasks automatically rather than manually, often seen in CRMs for repetitive tasks like emails and reminders. Analytics: Tools or functionalities within a CRM that help interpret and…
Read MoreSolution for Forex Brokers – Updated for 2023
A reliable forex broker solution is essential for any brokerage. This is especially true in today’s fast-paced world. Users expect quick responses, and that goes for their trading as well. The right technology doesn’t just give you an advantage anymore. The right technology is an absolute must for your brokerage to thrive and deliver the…
Read MorePLUGIT CRM and Email Marketing
Marketing costs for anything forex related have been on the rise for the last few years as the landscape for new client acquisitions becomes increasingly competitive. Leads are expensive, and you need to keep your lead-to-depositor conversion rates as high as possible to make the most of your campaign budgets. Time and time again, email…
Read MoreForex Affiliate Programs: A Must-Have for Every Broker
In the dynamic world of forex trading, brokers constantly seek new strategies to attract new traders and retain existing ones. One such strategy that has proven to be effective is the implementation of Forex affiliate programs. These programs reduce the cost of acquiring new traders and increase the number of redeposits. Let’s look at the…
Read MoreUnderstanding Retail Traders’ Behavior
In the world of forex trading, some assets are far more widely traded by retail traders. The popularity of these assets can be attributed to market size, liquidity, volatility, and accessibility. Here are some of the most commonly traded assets at retail forex brokers: Currency Pairs: Forex trading primarily involves buying and selling currency pairs.…
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