Omnibus

• Complete Online Turn Key Omnibus White Label Brokerage
• How does the Omnibus Brokerage business work?
• Your own Customer Applications, KYC, AML and Preapproval process and Deposit Taking Institution
• Reporting Access to your own Demo and Real Trading Platform
• How do you make money?
• Zero Market Risk
• Pricing

Complete On-line Turn Key Omnibus White Label Brokerage Firm Solution, Your own Financial Business.

• You have an existing client base and wish to generate revenue by offering customized Financial services and products to your customers, as you, your customers and your sales people dictate. You want to control on boarding process and deposit taking.
• You don’t want to deal with a partner that doesn't understand your business or your customer base and you want to be independent.
• You want to keep your client base anonymous but want risk to be managed by an established and experienced partner.
• You want to be a counterparty for your clients to complement your reputation as a market maker and as an independent service provider.
• It is your firm, your trademark, your logo, your software and your own rules.
  BMFN will provide you with the turn key solution when it comes to your Omnibus White Label Business.
• BMFN will provide you with your own White Label.
• BMFN will provide you with your own website in your own language (optional). The website will be hosted for you by BMFN. The website will have your own logo, your contact information, links and information regarding products that your firm now offers. You can host the site by yourself.
• You or your firm will have your own Demo Registration page. The visitors that visit your website and sign for your online platform demo registration will be sent to your email box. You will also have access to see the back office of your demo system and work with your demo leads.
• You or your sales people can effectively follow up with each demo lead.
• You will design your own demo registration text that will be sent to your own customers.
  Appearance wise the customers will see your demo and real trading platforms.
  

How does the Omnibus White Label Business work?

• If you are setting up a company that would like to engage in selling Financial products, and you want to have your own identity and accept customers deposits, Omnibus White Label is the best way to go. BMFN has the tools to set you up with your own Omnibus White Label IB Financial Business.
• You or your firm would have to contact our sales department or send an email to ib@bmfn.com, BMFN employees speak four major languages, English, Chinese, Arabic, Russian and Spanish.
• You will receive an Omnibus WL agreement.
• You sign an agreement and send it back to us.
• You will receive an email from us that will include the following: your Omnibus WL number, your IB certificate, your own website in your own language hosted by BMFN. You can copy the information from our website to your own URL hosted by your internet provider.
• You will need to create your own application online or printable.
• Your clients fill out your firm own applications and you do your own Anti Money Laundering and Know Your Customer approval, each Financial Institution is now required to do this, no matter where you are located in the world.
• You will need to have your own Bank Account.
• You will open accounts for your own clients and make a record.
• You will accept deposits from your clients.
• You will redeposit those deposits into your own accounts at BMFN: Example a CLIENT#1 deposits $10,000 in your firm’s bank account, your firm opens an account with BMFN in its own name FIRM #1 Account and redeposits $10,000 in your own account at BMFN, then sends the username and password of FIRM #1 Account to CLIENT1.
• The client receives a username and password to an account that has $10,000 and logs into the platform that is in the name of your firm. You accounts at BMFN are in your firm’s name and BMFN works with you customers trading through those Omnibus accounts.
• You will get paid your rebates within 10 business days at the beginning of each calendar month.

Your own Customer Applications, Know Your Customer, Anti Money Laundering and Preapproval process and Deposit Taking Institution

• You provide your own applications and approve your own customers.
• You will need to use one of the readily available client management software, Microsoft Excel, Microsoft Access or any other Customer Relationship Management Software to establish and maintain a record for your clients.
• You offer and follow up your own Know Your Customer (KYC) and Antimoney Laundering Process (AML) policies and procedures, set up by your legal department.
• Your compliance department follows up your own policies and procedures and preapproval process.
• Your customers deposit money into your own Corporate Bank Account that you will have with your local Bank.
• You do your own accounting.

Reporting Access to your own Omnibus Demo and Real Trading Platform

• As an Onmibus WL partner to BMFN you will have a real time 24/7 access to the back office of your Demo and Real Platforms.
• You can see and monitor the trading volume of your clients.
• You can see and calculate your daily rebates and commissions in real time.
• You see what BMFN sees.
• With the access to the reporting system you can monitor your SubIBs.
• You can ask BMFN to set up the reporting access for your SubIBs.
• You will have access to customers’ reports and help them with the problem resolution.
• Your clients will have a real time access through your website to their system logins and reports.

How do you make money?

• You and your firm will get rebates from BMFN on each trade your customer makes. As an Omnibus WL partner to BMF you will receive a monthly report stating how many trades your customer made and what financial instruments they traded and how much you are you are getting paid. All numbers are taken from your Omnibus WL agreement.
• You set and offer your own commissions to your customers and customers of your Sub IBs. You can charge your customers additional commissions. BMF will apply additional commissions set by you to each of your customers.

Zero Market Risk

• Every trade that your customers place through an Omnibus account goes to Boston Merchant Financial.
• The Omnibus Partner does not have any market risk as every trade is offset with BMF.
• The Omnibus Partner has an Omnibus account with BMF for each of its clients.

Pricing

• One time set up fee: $1000
• Monthly technical support fee: $500
• The White Label on MT4 has $5,000 one time set up fees and $750 monthly tech support fee.