TradeMarkets launches Broker in a Box

ROAD TOWN, Virgin Islands, British - Aug. 13, 2013 - PRLog -- TradeMarkets has launched its new Broker in a Box service, the online trading industry’s first comprehensive Partnership solution that covers all aspects of running a full Brokerage company.

“We’ve taken all of the requisite components of operating a successful Brokerage operation including regulation, legal, accounting, auditing, compliance, website market, account funding, sales, and marketing and condensed these critical aspects into a single Partnership opportunity called ‘Broker in a Box’,” reports John Rebelo, Managing Director.

“For every regulated Dealer like TradeMarkets, there are thousands of third-party regulated and unregulated independent introducing partners who can benefit from Broker in a Box. The idea is to attach our flexible regulatory framework and all aspects of our products and services to our Introducing Partners so that they can focus on what is important: selling, marketing, and providing excellent customer service to their clients.

Not only does it result in new income opportunities for Introducing Partners, but it also removes the necessity of tying up hundreds of thousands or millions of dollars in becoming regulated, legal fees, opening and maintaining bank accounts, software licensing, and more. We’ve already done that, and we’re happy to avail our strong framework to our valued Introducing Partners,” Mr Rebelo adds.

In addition to the capital expense, becoming a regulated industry participant can require several months or even more than one year as part of the application and regulatory process. Legal fees, accounting fees, and auditing fees discourage many would-be applicants from taking their business to the next level. Broker in a Box flexibly bridges this gap and allows independent Introducing Partners to participate in a fully-regulated structure, benefitting their operations and their clients in myriad ways.

“Even the licencing of trading technology costs well into the hundreds of thousands of dollars when one considers licencing costs, monthly fees, maintenance, and even ticket charges in some cases. That’s not even including prime brokerage fees and technology bridging fees.

All Dealers and Brokers recognize that it starts to add up pretty quickly. If you’re an independent introducing partner contemplating this next step, consider Broker in a Box first. After all is considered, you’ll likely earn about the same under TradeMarkets’ Broker in a Box Program without incurring hundreds of thousands or millions of dollars in fees,” Mr Rebelo notes.