Dear Clients, Partners and Members,Thank you for your support at Meta Forex Capital - IB of FXcast - Your Prime Online Forex Broker.
Why Is "FXcast "?
A change
A core business philosophy that is built on
Honesty
Integrity
Reliability"FXcast" represents a new way for Prime Brokers, Introducing Brokers and Traders to communicate and interact, allowing them to form synergistic and profitable relationships within the FOREX arena. Our goal is to emerge as THE leading Introducing Broker (IB) in the FOREX market, setting THE new standard for the FX industry - one that is based on ethics and transparent business practices, qualities which are sorely lacking with many IB's and Brokers today.FXcast takes pride in our honesty, integrity, and transparent business practices. It is our belief, that these three qualities will allow us to be profitable, not just on a short term basis, but for decades to come.
Simply put, we WANT you to be profitable and stay in the FOREX arena for as long as you like, and not be forced out by "blowing up". We believe that a trading and business environment that promotes honesty and integrity will lead to success - both for the Broker, the IB and You, the Client.If you have any questions or comments in regards to our policies or procedures please feel free to contact us.
The way to success as IB at FXcast
29 Trading Rules and 6 Guidelines
Trading Rules
Never over-trade.
Never risk more than 10% of your trading capital in a single trade.
Never trade without protective stops.
Never cancel a stop-loss after placing a trade.
Never average a loss.
Never let a profit run into a loss.
Never buy or sell just because the price is low or high.
Never try to guess tops or bottoms.
Never limit a profiting trade, instead move your stops to guarantee a profit.
Never get out of the market because you have lost patience or get in because you are anxious from waiting.
Never hedge a losing position.
Never change your position or close a trade without a good reason.
Never follow a blind man's advice.
Never enter a trade if you are unsure of the trend. Never buck a trend.
Avoid scalping for small profits and taking large losses.
Avoid trading after long periods of success or failure.
Avoiding going in and out of the market too often.
Avoid getting in wrong or getting in right and out wrong, making a double mistake.
Always identify strong support/resistance levels.
Always lock in a profit at predetermined increments on profiting trades.
Always use protective stops on open trades.
Always distribute your risk equally among different markets.
Always be willing to make money from both sides of the market.
Always reduce trading after the first loss; never increase.
Always cut your losses short and let your profits run.
When in doubt, get out. Do not get in when in doubt.
Only trade active markets.
Only pyramid trades that have a strong trend and should be accomplished once the price has crossed support/resistance.
Profits from a successful trade should be kept for future trade margins.
Never risk more than 10% of your trading capital in a single trade.
Never trade without protective stops.
Never cancel a stop-loss after placing a trade.
Never average a loss.
Never let a profit run into a loss.
Never buy or sell just because the price is low or high.
Never try to guess tops or bottoms.
Never limit a profiting trade, instead move your stops to guarantee a profit.
Never get out of the market because you have lost patience or get in because you are anxious from waiting.
Never hedge a losing position.
Never change your position or close a trade without a good reason.
Never follow a blind man's advice.
Never enter a trade if you are unsure of the trend. Never buck a trend.
Avoid scalping for small profits and taking large losses.
Avoid trading after long periods of success or failure.
Avoiding going in and out of the market too often.
Avoid getting in wrong or getting in right and out wrong, making a double mistake.
Always identify strong support/resistance levels.
Always lock in a profit at predetermined increments on profiting trades.
Always use protective stops on open trades.
Always distribute your risk equally among different markets.
Always be willing to make money from both sides of the market.
Always reduce trading after the first loss; never increase.
Always cut your losses short and let your profits run.
When in doubt, get out. Do not get in when in doubt.
Only trade active markets.
Only pyramid trades that have a strong trend and should be accomplished once the price has crossed support/resistance.
Profits from a successful trade should be kept for future trade margins.
Guidelines
Understand for yourself the type of trader that you are, whether aggressive or conservative, long-term or short.
Have a trading strategy before entering the market. Know before the trade is executed where you will take profits/loss.
Understand why a win/loss occurred and how you could have made the trade better.
Consistency is the key to trading success, without it you have nothing.
Your judgment is the only concern, do not let outside factors affect the way you trade.
Not everyone can be a trader, deem yourself worthy if given this opportunity.
Have a trading strategy before entering the market. Know before the trade is executed where you will take profits/loss.
Understand why a win/loss occurred and how you could have made the trade better.
Consistency is the key to trading success, without it you have nothing.
Your judgment is the only concern, do not let outside factors affect the way you trade.
Not everyone can be a trader, deem yourself worthy if given this opportunity.
IB Program
Promotion Partner Level (up from 0) 0.10 pip per traded lot from any customer.
Usually the Homepage Owners who would like to earn extra money on promotion by placing advertisements as banners or links in news letter to win customers. He places FXcast links and banners on his website and does not have to support customers.
Partner can hire: customers
Supporting tools:
Access to IB secured area
Monthly statement indicating trades and commission per each introduced customer
Usually the Homepage Owners who would like to earn extra money on promotion by placing advertisements as banners or links in news letter to win customers. He places FXcast links and banners on his website and does not have to support customers.
Partner can hire: customers
Supporting tools:
Access to IB secured area
Monthly statement indicating trades and commission per each introduced customer
IF YOU WANT TO BE PROMOTED AS SUB-IB
SUB-IB Level ( YOU MUST ARCHIVE MINIMUM 20 - 99 customers AND minimum 25 000 USD customer deposit) rebates: 0.50 pip per traded lot for all new customers on this level introduced by yourself plus 0.25 pip per traded lot for all customers introduced by any underlying promotion partner which you are able to hire now.
The second level for an IB. The SUB-IB will be able to recruit all deeper levels and of course own customers. He gives promotion codes to customers and Promotion Partners by reference from his website or by email or any other marketing opportunity. The SUB-IB is actively promoting FXcast in the market and pro-active with customers. He will get partial software support from FXcast
SUB-IB can hire: Partners and customers
Supporting tools:
Real time online monitoring of customer's trades
Access to back office
Access to IB secured area
The second level for an IB. The SUB-IB will be able to recruit all deeper levels and of course own customers. He gives promotion codes to customers and Promotion Partners by reference from his website or by email or any other marketing opportunity. The SUB-IB is actively promoting FXcast in the market and pro-active with customers. He will get partial software support from FXcast
SUB-IB can hire: Partners and customers
Supporting tools:
Real time online monitoring of customer's trades
Access to back office
Access to IB secured area
TO BE PROMOTED AS IB
IB Level (YOU MUST ARCHIVE MINIMUM 100 - 499 customers AND 25 promotion partners AND minimum 100 000 USD customer deposit) rebates: 0.75 pip per traded lot for all new customers on this level introduced by yourself plus 0.25 pip per traded lot for all customers introduced by any underlying SUB IB, promotion partner
The Standard level for an IB. The IB will be able to recruit all deeper levels and of course own customers. He gives promotion codes to customers and other Sub-IBs by reference from his website or by email or any other marketing opportunity. The IB is actively promoting FXcast in the market and pro-active with customers. He will get partial software support from FXcast.
IB can hire: SUB-IBs, partners and customers
Supporting tools:
Real time online monitoring of customer's trades
Access to back office
Access to IB secured area
The Standard level for an IB. The IB will be able to recruit all deeper levels and of course own customers. He gives promotion codes to customers and other Sub-IBs by reference from his website or by email or any other marketing opportunity. The IB is actively promoting FXcast in the market and pro-active with customers. He will get partial software support from FXcast.
IB can hire: SUB-IBs, partners and customers
Supporting tools:
Real time online monitoring of customer's trades
Access to back office
Access to IB secured area
LAST - - YOUR GOAL AND FINANCIAL FREEDOM - MASTER-IB
Master IB Level (YOU HAVE ARCHIVE 500 customers and more AND 100 promotion partners AND minimum 500 000 USD customer deposit) rebates: 1 pip per traded lot for all new customers on this level introduced by yourself plus 0.25 pip per traded lot for all customers introduced by any underlying IB, SUB IB, promotion partner
The highest level for an IB. The Master IB will be able to recruit all deeper levels and of course own customers. He gives promotion codes to customers and other IBs by reference from his website or by email or any other marketing opportunity. The Master IB is actively promoting FXcast in the market and pro-active with customers. He will get full software support from FXcast. Master IBs pay 10% of their monthly rebates for FXcast services and support.
Master IB can hire: IBs, SUB-IBs, Partners and customers.
Supporting tools:
Real time online monitoring of customer's trades
Access to online live support center
Access to back office
Access to highest level of IB secured area
FXCAST - Your Prime Online Forex Broker.FXCAST - start trading with 1 dollar
The highest level for an IB. The Master IB will be able to recruit all deeper levels and of course own customers. He gives promotion codes to customers and other IBs by reference from his website or by email or any other marketing opportunity. The Master IB is actively promoting FXcast in the market and pro-active with customers. He will get full software support from FXcast. Master IBs pay 10% of their monthly rebates for FXcast services and support.
Master IB can hire: IBs, SUB-IBs, Partners and customers.
Supporting tools:
Real time online monitoring of customer's trades
Access to online live support center
Access to back office
Access to highest level of IB secured area
