1. What is franchising?
Franchise is an agreement in which the franchisor (one party) grants or licenses some rights and rights to the franchisee (another party). Franchising is a well-known marketing strategy for business expansion. A contractual agreement takes place between the franchisor and the franchisee.
2. Finance Franchise
In traditional business, we often hear about the Commercial Franchising of big brands like Mac Donalds, KFC, Pizza Hut ...In the field of Finance, the concept of Franchising is also applied in developed countries such as the US, UK, France, Canada, Australia ...
You are a Franchise Broker (FB), you introduce a trader or an investor to participate in the financial market (commodities, stock, foreign exchange (forex) etc.) by registering a direct link provided by yourself. And, when the trader or the investor do trading (making Order), you will receive a commission. Commission is calculated on the LOT or Turnover of that investor or trader.
3. Introducing Brokers (IBs)
You can also be a partner called Introducing Broker (IBs) in general, then build more business or income with platform.
Franchise brokers or Introducing Brokers (IBs) are hired by franchise companies or broker house to sell you a franchise. Using a broker will not change the amount of fees you pay. But keep in mind that brokers are paid a commission – and earn income – only when you buy a franchise from one of their clients. So, you also can earn more extra.
We have a lot of profit that you do not know yet. We have IBs as a general term or franchise broker being hired and gained commission from 0.3 % to 1.5% or more, based on trade volume or turnover (T/O).