Set up your bonus program with the 4 bonus type in the Forex CRM
We won't say much about why bonuses are so popular. The interest in them never fades. Every new broker launches some kind of a bonus system.
In UpTrader CRM, there are four types of ready-to-use bonuses: % on deposit, welcome bonus, % on balance, or monthly interest, and manual bonus. The settings for each of them allow you the flexibility to make them work for you.
There are 4 bonus types you can set up right away in UpTrader Forex CRM:
% on deposit
Deposit bonus is the most popular bonus type, since it is designed to encourage those who deposit the account. Everybody wins: the client does because they receive more benefits and trading opportunities, and the broker wins because they land a client who is truly ready to trade. Usually, the broker settles on the conditions and the bonus amount, for example, +50% to the deposit amount when depositing from $50 to $10,000. In the “conversion” field, the broker can specify the conditions under which the bonus funds can be converted to cash and become available for withdrawal.
A monthly interest bonus has also gained popularity because it helps build loyalty and encourages clients to stay with the broker longer and to keep more money in their accounts since it becomes more profitable to do that. For example, a broker can set a required minimum account balance for a certain day of the month. If the requirement is met, a client receives a bonus on the balance. The conditions for cashing the bonus are also set in the CRM.
The main rule for this bonus is that a client can only receive it once.A welcome bonus is a popular way to generate traffic. The best way to attract a lot of cheap traffic is to offer free money. But can you turn that traffic into clients? That remains to be seen.
The superpower of a manual bonus means that you can give it just like that. If a manager wants to give out a bonus, they can do it without setting any conditions. This is a very handy sales tool which often helps in the moment.
For each bonus, you can specify description and condition fields. Create your own conditions for bonus programs using our settings!
If any questions talk to our expert in live chat or emal us [email protected]
If you are a CEO, owner, or key executive of a brokerage company, you undoubtedly aim for a precise and visually clear understanding of how successfully your business operates in various regions. In this case, integrating Power BI into your company becomes not just desirable, but crucial.
What can Power BI do for Forex Brokers?
At UpTrader, we offer our clients Power BI analytics, providing a clear comparative view of any aspect of your business. Simply apply filters by regions to see which one brings in the most revenue. You will be able to see which clients trade the most successfully - perhaps they are your future managers. Determine which trading instruments and in which countries are preferred, to create special offers and trading conditions for traders from these regions. Analyze trading volumes, the popularity of payment systems, and offer special conditions for deposits and withdrawals. Compile comparative dashboards to make data-based forecasts and plan your business development.
Analytics is a powerful tool. And access to analytics with just a few clicks gives you a competitive advantage in quickly analyzing situations and making informed decisions.
At UpTrader, analytics is fully integrated with MetaTrader and all UpTrader Forex CRM modules. Want to implement this in your company? Contact your manager for details [email protected]
Power BI is a business analytics tool from Microsoft that allows users to transform data from various sources into interactive dashboards and analytical reports. It is used for aggregating, analyzing, visualizing, and sharing data. Power BI provides a deep understanding of key business indicators and data, helping to make informed decisions based on data.
Key features of Power BI include:
Data Integration: Connecting to a wide range of data sources, including cloud databases, local data, Excel, and others.
Data Modeling and Analysis: Creating custom data models and using analytical functions to extract valuable business insights.
Data Visualization: Transforming data into clear, easily interpretable visualizations such as charts, diagrams, and maps.
Collaboration and Data Sharing: Sharing your reports and dashboards with others, facilitating teamwork and decision-making.
Availability and Mobility: Power BI offers cloud solutions and mobile applications, allowing users to access their data and analytics anytime and anywhere.
This tool is widely used in various industries to optimize processes, improve performance, and identify new opportunities for business.
UpTrader, a renowned Forex CRM solutions provider, is excited to invite aspiring forex brokers to its exclusive webinar, "Three Steps to Open a Forex Broker." Scheduled for December 8 at 12:00 pm GMT, this event promises to be an invaluable resource for those looking to enter the forex brokerage industry.
- Date and Time: December 8, 12:00 pm GMT
- Host: Vasily Alexeev, CEO of UpTrader and an esteemed expert in the Forex CRM industry
In this Comprehensive Webinar, Participants Will:
- Receive a detailed overview of the forex market, specifically tailored to startups.
- Explore cost-effective company registration jurisdictions for 2024.
- Discover the benefits of various trading platforms and how to choose the right one.
- Learn about optimal Forex CRM strategies for new brokerages.
- Understand how to integrate efficient payment systems into their business model.
Interactive Q/A Session: Following the insightful presentations, attendees will have the opportunity to engage in a Q/A session with Vasily Alexeev, gaining personalized advice and direct answers to their questions.
Why Attend? This webinar is a must-attend for anyone aspiring to establish a successful forex brokerage, especially within a budget. It offers a rare opportunity to gain comprehensive knowledge, insights into the latest industry trends, and practical strategies straight from an industry leader.
Register Now Spaces are limited, so early registration is encouraged to secure a spot in this informative and transformative session.
Join us on December 8 and take the first step towards realizing your dream of opening a forex brokerage. We look forward to welcoming you to this enlightening webinar!
Best regards, The UpTrader Team
UpTrader offers forex brokers cutting-edge liquidity solutions, providing high-tech access to market liquidity, essential infrastructure, and a variety of connection options. These solutions are ideal even for working with the most complex HFT systems. Thanks to our experience and modern technologies, we provide customized liquidity solutions, fully adapted to the unique requirements of each client.
Our clients can enjoy the following benefits:
- Marginal requirements: 1%
- Trading hours: 24/5
- Access to 7 markets and over 700 trading instruments
- Competitive STP prices for Forex pairs, as well as other trading instruments and asset classes
- A full A-book model for risk-free trading
- A single margin account
- Ultra-fast STP execution
- Multiple APIs and institutional GUIs
- 24/7 technical support
- Low spreads and commissions
- A wide range of trading instruments
- Various platforms for effective liquidity distribution
With UpTrader, you get not only access to liquidity but also complete support to strengthen your brokerage business.
Reach us for more information through the live chat or by email: [email protected]
Your UpTrader Team
Subscribe to our news
By clicking this button, you agree to us processing your personal data