XM Partner / Franchise / Sub Broker / Affiliate Program Review
Establishing a business in the forex market is yet another attractive alternative or career option. Aspiring to own a busy, individuals can opt for the XM Partner program or Start XM Franchise.
This article briefs on the entire details associated with XM Sub Brokership.
We provide our readers with the details of the types of partner programs XM offers, the price of availing them, revenue sharing ratio, and more.
We urge you to keep a close eye on each and every section of the article.
|Best Partner Program||Affiliate Program|
|Revenue Sharing or CPA||$25 Commission per Lot on Clients|
|Second Level commission||Up to 10%|
|Commission Withdrawal||Monthly Pay|
|Partner Code Activation||3 Days|
|Affiliate Cookie Tracking||Up to 30 days|
Each section is curated to give you information about the partner programs. We contribute to your decision-making process of opting for the program to a great extent.
XM Partner or Franchise – Overview
|Founder / CEO||Constantinos Cleanthous|
|Regulations||ASIC, CySEC, DFSA, IFSC|
Partner programs the broker offers are a great medium for developing an income source for either part-time or full-time.
You can turn the business into your full-time job and transform it into your career option.
They offer not one, but three different types of broker programs, each of which is specifically crafted to fulfill the business need of different individuals.
They are mere offerings of the broker to provide aspirants with the business deals and also an attempt to grow personally.
The forex market is among the hype and the broker offers just the right and compatible business option.
Their programs are attractive, profitable, easy to obtain, while the broker provides a great deal of support all the while.
The broker helps with the establishment process and also facilitates a great reward mechanism.
Become a Partner Now! – Fill up the Form
Types of XM Sub Broker or Partner Program
|Types of Business Models|
|Partner Type||Affiliate Program||Introducer||White Label Partnership|
|Revenue Sharing or CPA||$25 Commission per Lot on Clients||$25 Commission per Lot on Clients||NA|
|Referred Trader’s Deposit – FTD||NA||NA||Not Required|
|Code Activation Time||3 Days||3 Days||1-2 week|
Rewards attached with the XM Partner programs are appealing, which makes them a profitable medium.
The business enthusiast must go through each and every partner model, evaluate it thoroughly, match it with their skill set and experience level, based on which the decision must be taken.
To help you with the decision-making process, we have included all the objects and facets of all the partner programs the broker offers. Let us get started with the first one.
Introducers of Business
This is the basic and the most opted for the business program from FBS. The terms and conditions of the program are not unlimited, while there is a high possibility of making massive returns.
So basically, introducers are paid a commission which is fixed and provided on the basis of each and every client who joins the broker.
Such individuals are referred to as IBs and are required to maintain a business portfolio.
Payments for the respective individuals are basically weekly and the payment amount is determined via the clients they helped join as well as Sub IBs, alike.
The basic job is of referring individuals to the broker or Introducers of business in general. Each and every successful entrant would result as the income source for the IBS.
Another attractive part of the offer is the access to the internal Members Area of the Partner Program.
This program basically contains the facilitation of rendering advanced statistics on the performance of the IBS. This program is a part of the offering.
Let us now get you accustomed to the business model of web affiliates. Individuals who own a business and a website are the ones who would find this program a worthy option.
There is a commission attached with this business model as well and is best for the website owners. They can refer clients who wish to trade with XM, or on the contrary, the end can refer IBs.
Basically, the business partner will get a link to use their website. When an account is opened through the link or a new individual joins the IBs hub, the web affiliate is paid a sum of money.
This is basically the commission we have already mentioned, and it is as well a fixed amount.
Every time anyone clicks on the link from the web affiliate’s website, there is an addition in their partner account and the respective individual is added to the list.
Sub partners are basically the business partners who are introduced by either the IBs or the web affiliates. Whoever the IBs and the web affiliates introduce, would turn into their sub-affiliates.
IBs, as well as affiliates, would be rewarded as per the business sub-affiliates fetch. Also, sub-affiliates are basically eligible for a commission just as the IBs are.
The people they refer and also the transactions they undertake is the prime determinant of the income of the Sub affiliates.
XM Franchise Revenue Sharing
|Affiliate Program||$25 Commission per Lot on Clients|
|Introducer||$25 Commission per Lot on Clients|
|White Label Partnership||NA|
Revenue sharing is basically stated in advance to the partners. We refer to the commission to which the partners are entitled.
There is a high degree of chance of making high profits and it would depend on the business you fetch.
As we have already discussed, XM offers three basic types of partner models, the entitlement is as well according to the models.
So basically, being an IB or the introducer of business, the business partner would get a return of $25 per lot on the referred clients.
In case a sub-affiliate is referred, the reward shall be 10% of the earnings which the sub-broker makes.
This is not limited to any maximum amount and you can retain all the earnings of a greater share up to 10%.
This commission model is the same for all the franchise models, and the only thing which differs is the model structure.
The model structure as in the way of referring clients is different for each structure, which the reward entitlement is the same.
Additionally, the broker also rolls out contests for the partners now and then. This leads to add-on revenue generation for the partners.
Find Affiliate Partner Programs / Franchise of other Forex Brokers
|Alpari Partner||eToro Partner||FBS Partner|
|Avatrade Partner||Olymp Trade Partner||Forex.com Partner|
|FXTM Partner||iForex Partner||IQ Option Partner|
XM Partner Cost or Security Deposit
|Partner Cost or Deposit|
|Affiliate Program||No Deposit|
|Introducing Business Partner||No Deposit|
|Authorized Partner||Not Required|
|White Label Partnership||NA|
There is no security deposit required for availing of any of the partner programs.
It is either the IB model you choose to go for or the Web affiliate model you choose to be associated with, you are not required to pay any charge at all.
Basically, brokers charge a fee to draw a contract, but not all models are subject to the security deposit.
Security deposit is the money you pay to the broker to buy their partner model and get associated with them.
Since the partner model XM offers is of referral, there is no charge attached with it at all. The assistance for the partners is massive and goes out without any charge.
In case there is a hidden charge associated with the partner model, the broker would convey it to you.
The broker would state the essential aspects when you choose to get associated with them in the first place.
XM Franchise Offers
|Zero Deposit scheme||Yes|
|Real-Time Commission calculation||Yes|
|Second Level Commission||Up to 10%|
|Personal Account Managers||Provided|
|Multiple Payment Systems||Available|
Offers are a requirement for all kinds of business activities. The kind of business offer that XM makes does require offers at all cost.
So, in either of the case, you will find various types of offers like Zero Deposit Scheme, Second Level Commission & more.
Also, the broker provides you details of the latest launched offers. Partners can use this to convert more clients & generate additional income.
As you can see in the above table, XM Partner Program provides all of these offers in some or the other manner.
XM Sub Broker Eligibility Criteria
|Business Experience||Minimum 1-3 years|
|Minimum Qualification||No basic qualification/degree|
|Desired Profile||Business in Similar Field|
The broker does not state any set of rules and conditions while hiring individuals for partner positions. There are no terms or conditions referred to as eligibility criteria to become an XM Partner.
However, being on the safe side, you must ensure to hold a degree of graduation from a recognized institution.
This is an assurance of the skill set required to market the brand and also fetch in potential leads.
Partners who have a graduation degree basically possess the likely skill sets required. This is a general requirement of course, alongside knowledge of XM.
The partner must possess knowledge about the forex market and also the kind of operation XM is involved in.
They need to have the basic knowledge of the market and the skill set of being able to convey the operations of XM to potential clients.
Furthermore, as per your networking base, you can opt for the web affiliate program or basically go for the introducer of the business program.
Find Business Partner Program for Different Forex Brokers
|AXI Partner||Deriv.com Partner||UFX Partner|
|Binarycent Partner||Degiro Partner||IC Markets Partner|
|Binary.com Partner||Binomo Partner||Bitmex Partner|
How to Become an XM Business Partner?
If you made up your mind to become an XM Business partner you can move ahead instantly and register with the broker.
We provide you with the steps, in which you can establish yourself as the partner of XM instantly.
Step by Step Process to Become XM Affiliate Partner
Choose the kind of partner model you wish to opt for and then get started with the steps that you see below:
- Move on with the steps and click on the “Become A Partner” button that you see on the page.
- Instantly, you will see a pop-up appear on your screen, which is a form to connect with the broker.
- So, you need to fill in the form that appears on the screen and submit it accordingly. You will then receive a call back from the broker soon enough.
- It is not time to get yourself prepared for the next step wherein the company would ask you for your personal details.
- When you are redirected to the partner account registration page, you need to provide a bunch of details. Such details include personal details, residence details, contact details, business information, and account details.
- Fill in all the details as and when asked, including the VAT-ID of the business. All these stuff are mandatory to fetch and provide if you want to become an XM Partner.
- You then need to create a new password and enter it two times at the bottom of the page and submit the application. The entire process would hardly take 3 minutes for you to set up the account.
- In case there are any other requirements, the broker will get in touch with you regarding the same.
- When your account is approved, you will get the partner account details and process to follow.
- When the broker releases your partner id, you can get started with your business of referring people and start marking money.
Documents required to Start XM Franchise
There are a bunch of documents that the company might require you to hold at the time of registration.
So, keep the following documents in hand just in case you need them, so the registration process becomes hassle-free and quick.
- PAN Card
- Government ID and Residence proof
- Education certificates or degree
- Experience certificates
- Documents of partnership
- Ownership of business proof
Support Provided by XM Partner Program
|Back Office Support||Available 24/7|
|Multilingual Promotional Materials||Yes|
Marketing support to a great extent is provided from the broker’s end.
They basically help you out in terms of banners, custom tracking links, newsletters, landing pages, ready-made websites, certificates, and seals.
You can make use of the offering from the company’s end, which is available in multiple languages as well, and fetch a high degree of business.
Also, the broker gives you the option of real-time reporting where you can check your account status anytime.
Furthermore, the broker gives you an additional source of income to generate from.
They convey all their new products and services details to partners, which the partners can use to increase their sales.
Benefits of XM Sub Broker Program
Check out the bunch of benefits attached with the XM Partner program.
- Commission at the rate of 10% for referring IBs and $25 per lot for clients.
- Facilitated Transfers Between IB and Client Accounts
- Commissions provided have no upper limit, while the entitlement amount is stated. Also, payments are done in a weekly fashion have no limits.
- Auto-Rebate System is entirely automated
- You get access to an account manager, probably in your language.
- Payments are dot on time and instant.
- Partners get access to Exclusive Promotions & Luxury Gifts, alongside exclusive contents for additional income.
- Promotional material is part of the contract.
Check out Online Partner / Financial Partner Programs of Forex Brokers
|IG Markets Partner||NordFX Partner||FXOpen Partner|
|NinjaTrader Partner||OctaFX Partner||FXPro Partner|
|Markets.com Partner||IronFX Partner|
XM Partner Program – Conclusion
Now that you are well accustomed to the partner model, you can make a move and get associated with XM.
They are a brand which is recognized globally and hence your possibility of making income is highly expanded.
The reward system of the broker is great as well, which makes it feasible for you to make a high income.
You can easily choose XM as your income source and make great returns with the broker. Follow up with all the aspects of this article.
XM Franchise or Sub Broker – FAQs
Check out various FAQs on XM Franchise or Sub Broker Program –
Does XM have Introducer Model?
Yes, there is an introducer model XM provides. It is referred to as Introducer of business and it highly in demand presently.
The present partners of the broker are highly satisfied with the model and the rewards system and the great access of help XM renders.
Is XM having multiple Franchise models?
There are basically 2 business models which XM provides, one of which is the introducer of the business model, while the second one is Web affiliate.
The basis of both the business models is basically the same, i.e. refer clients, which the medium to refer clients vary for both.
What is XM Sub Broker Commission?
The commission for the IB model or the web affiliate model is the same. If the partners refer clients for their account, they get $25 Per Lot on Referred Clients.
On the contrary, end, if they refer a sub-broker, they get access to 10% commission on what the sub-broker makes.
How much is XM Franchise Cost?
There is no cost associated with the introducer of the business model or even the web affiliate model.
Both the partner models are reference models which may be why there is no security deposit or franchise cost associated with the models.
Does XM have Referral Program?
Yes, both the XM models that the broker offers are referral programs. The IB model requires partners to refer their clients as well as sub-affiliates.
On the other hand, web affiliates require referring the clients and sub-affiliates via a web link.
What is XM Referral Model Revenue Model?
Both the XM referral models have the same entitlements in any case. The entitlement is 25 Per Lot on Your Referred Clients both for the IB model as well as the Web Affiliate model.
In case you refer a sub-affiliate, you would get 10% of the commission they make.
Is XM Partner Program Free?
Yes, both the IB as well as the web affiliate programs are free to opt for. Basically, business models come with a security deposit which partners have to pay at the time of registering for the program.
There is no charge attached with the IB and the web affiliate program whatsoever.
Does XM provide Training Assistance?
The broker does not provide a fully-fledged training program for their partner but provides them with all the assistance required.
They help in terms of marketing of course, which is indeed a great way of training the associates of the business. Also, personal managers are provided to the partners.
How to own XM Franchise?
The process is simple and you need to start with it via the button “Become a Partner”. Click on the button and you will get the pop-up form that you need to fill.
Follow up the rest of the registration process as provided by the broker XM which is to follow.
Does XM Affiliate Program provide Support?
Yes, the broker provides support in major terms such as marketing and an additional source of income options.
Also, the broker provides the partners with the Personal Account Manager in the regional Language.
This is true of great help for the partners at all intervals. They can as well monitor their accounts on a real-time basis.
Become a Partner Now! – Fill up the Form
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