CURRENTDESK is excited to introduce a new Custom (API) funding source option, enabling brokerages to process payments externally via any payment provider they choose. The new method offers more developer-friendly features and security improvements, as brokerages may choose any external system – including their own hosted payment solution – to offer clients for payment processing. Clients using the new custom (API) will be securely redirected from CurrentDesk to the external system to complete their transaction. Once complete, they will be returned to their client portal, and external payment status notifications… read more →
For forex brokers, partnerships with Introducing Brokers (IBs) or Futures Commission Merchants (FCMs) can be an essential aspect of their business. As we’ve written previously, IBs are extremely helpful for recruiting and supporting traders, and the rapport they build with clients directly impacts trading activity and retention for the broker they’re working with. What IBs need from their broker An IB is usually an individual who operates like a freelancer or contractor making a commission off their clients’ trading activity. Licensing requirements for IBs vary by jurisdiction, but they can… read more →
CURRENTDESK integrates PRAXIS CASHIER to help brokers increase deposits by up to 20% The collaboration enables Forex brokers across any regulatory jurisdiction to instantly connect their CurrentDesk broker management platform to the Praxis Cashier system, without requiring their own API. Brokers gain customizable deposit option controls that can be tailored to each individual trader and situation, which connect directly to their fully branded client portal within CurrentDesk. With access to the Praxis ecosystem of over 350 Payment Service Providers (PSP), more than 1000 Alternative Payment Methods (APM) connections and a… read more →
Whether you manage your marketing inhouse, 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 actually send in those emails to help you convert more leads into traders. For this post, we’ll cover 3… 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 →
