Introducing CurrentDesk’s Integration with SumSub: Simplify KYC Process and Boost Your Business We’re thrilled to announce our partnership with SumSub, a leading provider of automated KYC solutions. This integration is designed to revolutionize your onboarding process, making it faster, more efficient, and cost-effective. Say goodbye to manual paperwork and lengthy verification procedures. Here’s how you can benefit from this exciting collaboration: Streamlined Onboarding in Minutes With SumSub’s automated KYC, your clients can complete the onboarding process and make their first deposit in under 3 minutes. It’s as easy as registering… read more →
CURRENTDESK is excited to introduce its new Bonus Tool, a feature that helps brokerages incentivize clients to complete the on-boarding process, fund their accounts, and trade more. How it works Create bonus programs that match your marketing and sales objectives. These include: first time login, uploading KYC documents, first time deposits, repeating deposits, and a reactivation bonus for inactive clients. The Bonus Tool also supports client referral programs, giving you an edge to attract new clients – both the referrer and the referee can get bonuses! Who it targets You… read more →
<meta name=”convert leads into traders” content=”Utilize your CRM to convert leads into traders” /> Whether you manage your marketing in-house, or you work with a third party marketing firm, email marketing is a strategy you should include in your marketing plans. There is a lot of content expanding on the “why” businesses should be using email marketing, especially if they have a Forex CRM, so assuming that you do have one, and perhaps even have some target audiences in mind, let’s focus on what to… read more →
The “bread and butter” revenue of many Forex brokers comes from high trade volumes and long term retention of successful traders. There’s a clear interest, for you as a broker, to empower and retain traders however you can. We recently highlighted ideas for helping new traders, so here we’ll break down how brokers can tailor offerings and incentives to help and retain more experienced traders. You may define “experienced” trader by whatever metric makes most sense for your business; given the rapid turnaround rate of traders, this article will define… read more →
The first six months of a new trader’s experience with your brokerage are the most decisive; as we’ve previously reported, about 25% of new FX traders will quit in the first 46 days, and 50% will quit in the first six months. This high turnaround rate is a problem for brokerages, as attracting new traders can be seven times as expensive as retaining existing traders. Even if your brokerage is doing well with retaining traders, a reputation of supporting and building up new FX traders will pay off in the… read more →
