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An Introducing Broker vs a White Label Broker – What You Need to Know

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Navigating the world’s financial markets can be a challenging past-time, particularly when you consider the complexity and size of individual entities such as the foreign exchange.

Make no mistake; this market alone sees an estimated $6.6 trillion traded globally every single day, while there are also various ways and brokerage types that enable clients to gain access to this volatile and highly-leveraged sector.

In this post, we’ll compare introducing and white label brokers, while detailing the information that you need to make an informed decision as an aspiring entrepreneur and choosing which operational model to pursue.

What is an Introducing Broker?

In simple terms, an introducing broker serves as an affiliate marketing specialist, as it looks to recruit new traders for a primary broker in fields such as forex.

In this respect, introducing brokers eschew the operations of a typical broker, preferring instead to earn fixed commissions from subsequent deposits that are made by targeted clients.

In some instances, an introducing brokerage may take on additional services, such as managing conversions and ongoing retention efforts.

However, this will vary markedly from one service provider to another, so you can tailor your venture to suit your outlook, profit expectations and existing budget.

What’s a White Label Broker?

In contrast, white label brokers are the type of primary operators listed earlier in the piece, with these bona-fide brokerages boasting independent brands, comprehensive client support and key risk management measures.

These elements are combined with standard business operations such as marketing, sales and customer retention, creating a reputable one-stop-shop for clients to manage their various investment portfolios.

However, this description covers premium brokerage sites, and the category can be expanded to include various levels of service.

For example, a white label broker can simply offer a pared-back and ‘bare bones’ type of service, which may exclude risk management tools or comprehensive marketing efforts.

Pros and Cons – Which Option is Right for You?

There are pros and cons to each option, so you’ll need to understand these before comparing the market in detail and deciding what type of brokerage you want to launch.

From an operational perspective, for example, introducing brokers are far cheaper to establish and operate, while such entities can often pass these savings onto clients through reduced commission fees. This may be enticing for some traders, particularly those who are new to the market and looking to find their way successfully.

Conversely, introducing brokers may be far less independent and accountable than white hat alternatives, creating a scenario where your venture is consistently reliant on others to generate a profit.

In the case of white hat brokers, you’ll undoubtedly have a far higher degree of autonomy in building your business, running it and assuming control over your destiny.

However, the cost considerations of opening a white brokerage can be significant, while from a technical perspective you’ll also have to create the requisite server space and technical support to facilitate the needs of your clients.

The good news, however, is that the process of opening a Whire Label brokerage is far more structured and simple than the alternative, making it easier to launch your venture and operate as an independent entity.

Ultimately, the choice that you make will be a deeply personal one, but there are several universal factors that will require key consideration. These include your starting budget and bottom line profit expectations, as it’s crucial that you choose an operational model that offers clearly defined value.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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World

Swiss International University Alerts Public About Fake Institutions Misusing Its Name

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Dubai, United Arab Emirates— Swiss International University (SIU) has issued a caveat about fraudulent institutions setting up their pretense of affiliation with the university. SIU has further clarified that it will have campuses only in 7 cities by 2025, while any further expansions or new openings of offices will be officially notified on its website, swissuniversity.com.

A hallmark of SIU has been the highest quality in global higher education, and the fraudsters took advantage of it by pretending to be the university. These scammers lure prospective students and partners with promises of guaranteed admissions, scholarships, or preferential treatment in exchange for exorbitant fees for services that are either shoddy or nonexistent. 

In an official statement, the SIU emphasized that they do not authorize any third party or individual to represent the university outside any of the established campuses. Any further developments about expansion and new office openings shall be made known directly through the official website of the institution or via official press releases. 

An SIU spokesperson stated, “Swiss International University stands for high-quality education, and we therefore take our brand integrity very seriously. We urge anyone approached by an entity claiming to represent SIU to verify the information on our official site. The increasing number of imposters is a matter of grave concern, and we are therefore actively working to stop them from taking further advantage.”

Among the scams in the UAE and several European countries, impostors offer guarantees that cannot be verified. In return, large sums of money are demanded for nonexistent or shoddy services.

The prestigious Swiss International University is known for its stringent academic programs and degrees recognized internationally, possessing campuses with modern facilities that stand as a testament to Swiss quality education. Their latest alert is directed at saving the prospective students from fraudulent establishments and assuring the students are dealing only with the authentic SIU.

To safeguard its good name and maintain transparency, the SIU now warns the public against dealing with any education agencies or representatives claiming to render SIU services to them without a clear confirmation of their official status. The university also issued a reminder that all admissions must be channeled through SIU alone, and a list of accredited SIU campuses in selected big cities across the globe can be obtained from its website.

As of now, the Swiss International University has campuses in seven cities: Dubai, Zurich, Bishkek, London, Riga, Lucerne, and Osh. These cities have been carefully picked to provide students with rich academic learning experiences and encourage international collaboration. In addition, SIU also assures that any announcement of a new office or campus branch would be made only through their official website, and it advises all students and stakeholders to confirm the veracity of such claims before disbursing any monies.

For more information on Swiss International University and its programs, visit the website.

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