CFD brokers and prop firms face the same challenge: attracting and retaining traders for the foreseeable future. Signing up a new trader is one thing, but keeping them engaged and active is a different game altogether. That’s where SiRiX by Leverate comes to the rescue, a powerhouse trading platform designed to not just convert traders but to turn them into loyal, long-term clients.
Within the competitive market of trading forex, acquiring and training the best sales personnel is essential for brokerage companies to attain the growth and prosperity they desire. This article will discuss the key elements of the recruitment and training process for sales jobs in the forex market, with an emphasis on efficiency in Europe.
When trading in Forex the term liquidity is frequently thrown around. Access to liquidity and the function of a liquidity provider and that of a liquidity broker are often confused.
With the main differences between the two mainly revolving around flexibility and scope of operations, there are a few facts that new brokers should keep in mind.
While experience and strong verbal abilities are important for success in sales, they are not the be-all and end-all of what makes a good Forex sales representative.
Almost anyone who has considered opening a brokerage had a vision of a hectic sales floor with hyped salesmen who are pushing clients and each other in a money-driven craze.
You might be an experienced salesman with a successful record in selling everything from cars to pharmaceuticals, but it doesn’t mean that you will also be good at selling Forex.
Forex brokerages operate almost exclusively in the digital domain, and practically all actions taken by the client, from depositing funds to trading, are done online.
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