Introducing Brokers

I am a bit surprised that there is no information regarding Introducing Brokers (IB) or it is somehow hidden behind the scenes. We all trade somewhere and possibly opening an account via IB is advantageous compared to just going straight to the broker, I would think it depends on the IB, the broker, and your trading style.

Google search does not bring any clear results, I am not sure why. Each broker is offering to become their IB but at the same time the IBs themselves do not advertise their services, at least I could not find it anywhere clear expressed. I wonder how they are finding their clients then? I think it is a legitimate business so I am totally lost as to why they are staying in a shade, unless it is FF policy.

I am on another circle of opening an account and looking at few brokers closely with Vantage being one of them. Anybody is aware of a good IB working with Vantage FX?

The brokers themselves never recommend anyone, so it is up to us to find those hiding IBs. And why would they hide, again? My understanding is that if you directly ask any broker about any particular IB they will tell you yes or no, but you have to find them out first. A bit of a strange situation with all of that.

On a wider note, maybe there is a website or a thread somewhere listing IBs with their respective brokers? I think I had the information about some of them in the past but cannot find anything now.

Maybe let’s list them here to help others in their search as well?

Broker is one of the important elements for any forex trader. And thereby the better choice of forex broker is always essential for a trader. I have selected my broker CIBfx after conducting proper due diligence. And this licensed broker is providing me full customized trading package of 24/5 trading facilities, lower spread, coverage of good leverage, re-quote and slippage free timely and fastest trade executions along with complete modern MT4 platform.

Yes, Brokers are important in our trade if we see...First they already knows about the forex market..like which currency pair is going up which one going down..because whole day they use their hawk eye on analysis chart and movements . With the help of them we can do double work other wise if we are in working so we will be unable to do the trading. Yes they charge some amount but provide good returns on it also.

Brokers that I advice trading with are the established brokers, brokers such as FXCM, Oanda, FreshForex and tons of others are some of the best.

Before you start trading, you need to understand the limitation of your broker.

Example,
- How many orders they allow you to open?
- What is spread during news release? You need to see by yourself during some country release some importance news. At that time, try to open 1m graph to see how the price moving. Try to compare with the other brokers.
- You also need to know stop level for each broker. You have spread to control buy/sell price and unfair brokers also has stop level to control more the price for buy/sell. Some unfair brokers will use stop level to do slippage.

Many many more items that you need to be careful. You have to try their demo account before you make any deposit.

Vantage is a good broker but I'm not sure about their commission rebates. I've heard IC broker has certain requirements before you can be their IB, like trade certain lots before you can be an IB. But as long as your broker is reliable and well regulated (ASIC, NFA or FCA) you're safe to promote the broker - because your reputation is at stake when promoting! USGFX has the highest commission rebates as far as I know, with up to $15 per lot and is well regulated. So do more research before choosing a broker and become an IB!

No wonder why so many people are dropping FF after a while... I've been here long enough but still cannot get amazed on how irrelevant the posts usually are. It seems like almost a rule that posters do not read anything except for their own post, so they are answering to their own voices in their heads. Like you are asking someone what time it is now and they are answering you that the weather today will be ok but there is a small chance of rain.

But if to look for it from the point of view of a pure humor then it probably is alright. I guess FF is not responsible for the IQ of their subscribers...

@aa1, why are you so picky?
There are a lot of cash-back (rebate) services that introduce different brokers. Do you want to collect them here?
I can recommend you few brokers under my IB (with better then regular trade conditions), but it will be out of "Code of Conduct", I think.

PM me please. Thanks.

Do you want to make money from trading or by luring other traders to some broker. As soon as you determine preferred occupation there is no way back since you can't be good marketer and trader simultaneously.