Live Leads vs. FTD Leads vs. Recovery Leads: Which Is Right for Your Forex Brokerage?
- Forex Crypto

- 14 minutes ago
- 8 min read
If you run a forex brokerage, you've probably heard all three terms.
But here's what most brokers get wrong — they buy one type of lead, get inconsistent results, and assume lead generation doesn't work.
The real problem? Wrong lead type for the wrong goal.
Live leads, FTD leads, and recovery leads each serve a completely different purpose. Use them together strategically and you can build a pipeline that converts at every stage of the trader lifecycle.
This guide breaks down exactly what each lead type is, who it's for, and how to use it to grow your brokerage.
Quick Comparison
Live Leads | FTD Leads | Recovery Leads | |
Who they are | Traders who just opted in | Traders who already deposited | Dormant traders who stopped trading |
Conversion rate | 3–8% | 10–15% | 6–10% |
Average deposit | $400–$700 | $1,500–$3,000 | $1,200–$2,000 |
Cost per lead | $30–$80 | $150–$320 | $50–$180 |
Best for | Building pipeline fast | Quality depositors now | Re-engaging lost traders |
Time to convert | 5–14 days | 1–5 days | 2–7 days |
KYC required | Yes | Yes | Usually already done |
What Are Live Leads?
Live leads are real people who just expressed interest in trading.
They filled out a form, clicked an ad, or signed up for a free guide — within the last 24–72 hours. They haven't deposited yet, but they're fresh, warm, and actively curious.
Who sends you live leads?
Traffic sources include:
Google and Facebook paid ads
Native advertising (Taboola, Outbrain)
Email marketing campaigns
Social media engagement
At ForexCryptoLeads, we generate live leads using all four channels and deliver them in real time — often within minutes of the opt-in.
What makes a good live lead?
Not all live leads are equal. A quality live lead includes:
✅ Verified email address (95%+ deliverability)
✅ Active mobile number
✅ Geo match (IP aligns with declared location)
✅ Consent logged (GDPR compliant)
✅ Delivered within 60 minutes of opt-in
Poor-quality live leads look similar on the surface but fail basic checks — wrong numbers, fake emails, or IP mismatches. This is why verification matters before you buy in bulk.
When to use live leads
Live leads work best when you want to:
Scale quickly. You can generate large volumes at lower cost.
Build your pipeline. Feed your sales team a consistent flow of prospects.
Test new markets. Lower cost lets you explore a new GEO without big risk.
Run promotions. Pair a bonus offer with a fresh batch of live leads.
The one rule with live leads
Speed is everything.
Contact a live lead within 5 minutes and your conversion rate is 21x higher than waiting 30 minutes.
Brokers who sit on live leads for 24 hours are essentially buying names on a list. The value is in the moment — act fast or the opportunity disappears.
What Are FTD Leads?
FTD stands for First-Time Depositor.
These are traders who have already put real money into a trading account — typically within the last 0–30 days. They're the gold standard in forex lead generation because the hardest step (convincing someone to deposit) is already done.
Why FTDs are so valuable
Think about what an FTD tells you:
✅ They have disposable income to invest
✅ They trust online trading platforms
✅ They took action — not just curious
✅ They're actively looking to trade
An FTD lead is essentially a pre-qualified buyer. Your sales team isn't convincing them to trade — they're convincing them to trade with you.
What good FTD data looks like
High-quality FTD leads include:
Deposit amount and date
Payment method used
Platform they deposited on
Trading interests (forex pairs, crypto, indices)
Geographic location
If a provider can't give you deposit details, they're not selling real FTDs. They're selling registrations and calling them FTDs.
Conversion rates and what to expect
Lead Freshness | Conversion Rate | Avg Second Deposit |
0–7 days | 13–15% | $2,100 |
7–30 days | 10–12% | $1,800 |
30–60 days | 7–9% | $1,500 |
Our benchmark: We deliver FTDs that convert at 10–15% when worked within 72 hours. Below 8%? We investigate and replace.
When to use FTD leads
FTD leads work best when you want:
Immediate depositors. Brokers with strong sales teams close FTDs fast.
High-value clients. FTDs deposit 3–4x more than fresh leads on average.
Quality over quantity. Fewer leads, better outcomes.
Specific GEOs. We supply FTD leads from UK, GCC, Italy, Spain, Switzerland, Canada, Singapore and more.
FTD pricing reality check
Real FTD leads from verified sources cost $150–$320 per lead depending on region. Anything under $80 for Tier 1 markets (UK, Germany, Switzerland) is a red flag — you're likely getting registrations, not depositors.
What Are Recovery Leads?
Recovery leads are dormant traders who stopped trading.
They registered. They may have deposited. Then life happened — a market crash, a bad trade, distraction — and they disappeared.
Most brokers ignore these people. That's a mistake.
Why recovery leads convert better than you'd expect
They already trust online trading. They've done it before.
They're already verified. No KYC delays, no document friction.
They often deposit more the second time. Our data shows reactivated traders deposit 170% more than their first deposit. Why? They're more serious, more informed, and more selective.
The psychology of a dormant trader
Dormant traders fall into four categories:
The Regretful Seller Panic-sold during a crash and regrets it. Watching the market recover with FOMO. Best message: "Market is up 18% since you left."
The Frozen Holder Still has a position but scared to act. Needs confidence. Best message: "Your balance increased $134 this week."
The Burned Trader Lost money and feels defeated. Wants a lower-risk re-entry. Best message: "Start fresh with just $100."
The Distracted Investor Simply got busy. No strong emotion, just forgot. Best message: "You have $240 in unused credits."
The right message to the right person makes all the difference.
When to run recovery campaigns
Lead Age | Conversion | Best Approach |
7–30 days | 11–13% | Urgency + market data |
30–90 days | 8–10% | Empathy + lower barrier |
90–180 days | 5–7% | New offer + education |
180+ days | 2–4% | Win-back only if cheap |
Sweet spot: 30–90 days. Emotion has settled. They remember you. The market is usually recovering. They're open to a second chance.
When to use recovery leads
Recovery leads work best when you:
Want better ROI. Recovery leads cost 59% less but deposit 170% more.
Have a dormant database. Your biggest untapped asset is often already inside your CRM.
Want to run post-crash campaigns. Market volatility is your activation trigger.
Need KYC-free volume. Verified traders = instant activation, no compliance delays.
Which Lead Type Should You Choose?
It depends on three things: your budget, your goal, and your timeline.
If you need deposits this week → FTD Leads
FTDs convert the fastest and at the highest value. If your sales team is ready and you have budget, FTDs give you the most predictable revenue.
Recommended: 100–500 FTD leads, exclusive, delivered in real time.
If you want to scale your pipeline → Live Leads
Live leads are the highest volume option at the lowest cost. They take more nurturing but give you a large pool to work from.
Recommended: 500–2,000 live leads per campaign, with fast follow-up (under 5 minutes).
If you want the best ROI → Recovery Leads
Recovery leads cost less, convert reliably, and deposit significantly more. If you have a dormant database or want an efficient campaign, recovery is your answer.
Recommended: 500–1,000 recovery leads, aged 30–90 days, paired with a 48-hour activation sequence.
The smartest brokers use all three
Here's a real-world strategy we recommend to clients:
Week 1–2: Buy 1,000 live leads. Qualify through your funnel. Convert 50–80 into registrations.
Week 3–4: Purchase 200 FTD leads from your target GEO. Work with your top closers. Convert 20–30 into depositors.
Ongoing: Run monthly recovery campaigns on your dormant database. Re-engage 10% every cycle.
Result: A self-sustaining acquisition system that never runs dry.
ROI Comparison: Same $100,000 Budget
Live Leads | FTD Leads | Recovery Leads | |
Leads purchased | 2,000 | 500 | 1,200 |
Conversions | 100 (5%) | 62 (12.4%) | 110 (9.2%) |
Avg deposit | $620 | $2,100 | $1,720 |
Total deposits | $62,000 | $130,200 | $189,200 |
ROI | -38% | +30% | +89% |
Key takeaways:
Live leads alone often lose money short-term (long-term LTV saves them)
FTDs are profitable immediately
Recovery leads deliver the highest ROI in most scenarios
5 Questions to Ask Any Lead Provider
Before you spend a dollar, ask these:
1. Can you show me deposit verification for FTDs? Real FTD providers have deposit amounts, dates, and payment methods. No proof = no deal.
2. What's your email deliverability rate? Should be 95% or higher. Below that signals poor data quality.
3. Are these leads exclusive? Shared leads mean you're competing with other brokers for the same person. Always push for exclusivity.
4. How do you verify lead data? Look for multi-step verification: email validation, phone check, fraud scoring, IP geolocation.
5. What's your replacement policy? Reputable providers replace or refund leads that fail basic quality checks.
How ForexCryptoLeads Delivers All Three
We've been generating forex and crypto leads since 2019.
Our numbers:
129 million+ total leads delivered
73,648+ verified FTDs
18,000+ dormant traders reactivated
10–15% average FTD conversion rate
Available in 10+ countries including UK, GCC, EU, Canada, Singapore
What makes us different:
✅ AI-powered verification — every lead is checked before delivery
✅ Real-time delivery — live and FTD leads delivered within 60 minutes
✅ 100% exclusive — your leads are never resold
✅ Geo-targeted — we specialise in European and GCC markets
✅ Conversion guarantee — FTDs under 8% conversion? We replace them
✅ API integration — leads flow directly into your CRM
Whether you want to build your pipeline, land high-value depositors, or reactivate a dormant database, we have a solution for every stage.

Ready to Get Started?
Tell us what you need:
🔵 Live leads — build your pipeline fast
🟢 FTD leads — get quality depositors now
🟡 Recovery leads — reactivate dormant traders
We'll recommend the right package for your goal, budget, and target market.
Frequently Asked Questions
What's the difference between live leads and FTD leads?
Live leads are people who recently showed interest in trading but haven't deposited yet. FTD leads have already made their first deposit, making them pre-qualified buyers. FTDs cost more but convert faster and at higher deposit values.
Are FTD leads worth the higher price?
Yes — when they're real. Verified FTDs convert at 10–15% with average deposits of $1,500–$3,000. The higher cost per lead is offset by much higher revenue per conversion. Always verify deposit proof before purchasing.
How quickly should I contact live leads?
Within 5 minutes. Every minute you wait reduces your conversion chance significantly. Leads contacted after 30 minutes convert at 21x lower rates than those contacted immediately. Build an automated alert system to notify your sales team the moment a lead comes in.
Can I use all three lead types at the same time?
Yes, and the best brokers do. Run live leads for volume, FTDs for immediate revenue, and recovery campaigns for ROI. Each serves a different stage of your acquisition funnel.
How do I know if recovery leads will work for my brokerage?
If you have a dormant database or want to reach traders who've gone cold on other platforms, recovery leads are highly effective. They cost 59% less than FTDs and deposit 170% more than fresh leads. The sweet spot is targeting traders dormant for 30–90 days.
Which GEOs do you cover?
We specialise in the UK, France, Italy, Spain, Switzerland, Netherlands, Canada, Singapore, and GCC countries (UAE, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman). We also cover global markets on request.



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