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Reports have suggested Mr Farage's party would stand down hundreds of election candidates for December's poll to stop a split in the pro-Brexit vote.
The Conservatives have consistently ruled out a formal pact with the party.
It comes after President Donald Trump said Mr Farage and Boris Johnson should team up as "an unstoppable force".
The Brexit Party's launch for its official election campaign has just begun and Mr Farage is expected to announce the party's strategy.
Chairman of the party, Richard Tice, said: "We have a major role to play in the outcome of this general election."
The Brexit Party's MEP for the North West of England, Claire Fox, said she was "really excited by this election because voters can take centre stage again". [...]