Introducing Business Partner Tutorial - Admirals
Over the past few years, the interest in online trading has boomed. More people than ever are flocking to the financial markets to speculate and invest in stocks, currencies, commodities and other asset classes.
This has presented a unique opportunity for some businesses. Through the Admirals Introducing Partner Scheme you can grow your business revenue by referring new potential clients to Admirals!
In this tutorial, we go through some of the features of the Introducing Business Partner scheme and how to get started.
What is an Introducing Business Partner?
The Introducing Business Partner scheme was developed by Admirals for business owners, website owners, entrepreneurs and corporate introducers who want to capitalise on the boom in interest for online trading.
Through the partnership, introducers can earn fees when referring new potential clients to Admirals once they make the minimum deposit or start trading (the choice is yours!).
How much does an Introducing Business Partner earn?
Earnings will vary from business to business as it can depend on how many people you refer and where they are from. There are also different earning models you can choose from providing a high level of customisation to suit your own revenue and sales needs.
Below is a table summarising the CPA (Cost Per Acquisition) Payment Plan which is valid from 1 April 2021:
Source: Admirals Partnership, 8 July 2021
As you can see from the above screenshot, if you referred a client from Country Group 3 (defined further down) and they deposited $1,000, then once they have traded a minimum number of 10 lots you will earn a fee of $600.
It’s important to note that trades that last less than 3 minutes are not rewarded and the instrument list for rewards only includes CFDs (Contracts for Difference) on Forex, Indices, Metals and Energies.
The country your client is based in also has an impact on your earnings with users from Country Group 3 offering the highest-earning fee. A list of countries in each of the groups are shown below:
Country Group 1
Country Group 2
Country Group 3
Source: Admirals Partnership, 8 July 2021
Why choose Admirals as an Introducing Business Partner?
When referring your clients to a broker, you want to make sure that the broker is of top quality. There are many reasons why partners choose Admirals, including:
- Authorised and regulated by the UK Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC).
- Commission-free trading and ECN-style trading accounts available.
- Interbank spread trading accounts available with low commissions.
- Trade from MetaTrader 4 and MetaTrader 5 for desktop, web and mobile.
- Access FREE advanced trading tools with MetaTrader Supreme Edition.
- Access FREE research and analytical tools from Trading Central.
- Enjoy fee-free deposit and withdrawal methods.
How to become an Introducing Business Partner tutorial
If you’re interested in becoming an Introducing Business Partner you can follow the steps outlined below.
Step 1: Register your details
From the Admirals website, you can sign up as an Introducing Partner with just your name and email to start with.
The next screen will ask you to create a password so you can access your Introducing Business Partner Portal 24/7.
You will also need to provide a valid phone number and then confirm your email address by clicking on the link sent to you.
Step 2: Fill in your Introducing Business Partner application
With your email address and password, you can log in to the Admirals Trader’s Room where you can manage all of your partnership materials.
To get started you will need to go through some standard verification procedures by verifying your identity and address.
You will also want to read the Partner Agreement and fill out the application form which only takes a few minutes.
The application form helps the Partner team to know more about you and your business. Questions include the target region for your promotion, your experience and how you would promote Admiral’s services.
You can then just need to read the Referral Agreement and submit your application.
While the Admirals’ Partner team receives your application form, you can then submit verification documents for your identity and address which is standard for all regulated brokers.
Step 3: Get started with Admirals’ suite of marketing tools!
There are a range of features when becoming an Introducing Business Partner that you can use to help grow your revenue. This includes:
- A professional suite of marketing tools that you can use. This includes banners, emails, templates, Facebook covers and more.
- Instant access to your commission earnings so you can track your results and revenue.
- A unique multi-level system so you can earn 10% commission from your clients’ referrals as well!
In just three steps you can be up and running!
If you’re an entrepreneur, business owner, website owner or corporate introducer, now is a very interesting time in the financial markets. The surge in interest in trading the market over the pandemic is forecasted to rise.
Becoming an Introducing Business Partner allows you to meet your revenue needs and grow your business. Furthermore, all Partners with Admirals receive access to a suite of professional marketing tools to help you along the way.
You can get started today by opening a FREE account so you can access the application form and all of the supportive materials from the Trader’s Room.
From here, you can also see all of the products and services Admirals has to offer to your clients.
About Admirals (formerly Admiral Markets)
Admirals is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8,000 financial instruments via the world's most popular trading platforms: MetaTrader 4 and MetaTrader 5. Start trading today!
This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.