Introducing broker | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Benefit(s) Of Being An Introducing Broker (IB)? 5 replies

The Best Broker to become an Introducing broker for? 0 replies

Process for becoming Introducing Broker? 0 replies

Introducing Broker 2 replies

Question about Introducing Broker 1 reply

Introducing broker

  • #1
  • First Post: Aug 17, 2006 2:21am Aug 17, 2006 2:21am
Could anyone explain or give me a link of what a introducing broker is?
Could i become one as a individual?
  • #2
  • Aug 17, 2006 9:31am Aug 17, 2006 9:31am
Quoting coon_70
Could anyone explain or give me a link of what a introducing broker is?
Could i become one as a individual?
Introducing broker is a person or company who refer a client to a certain brokerage company. The broker then usually paid a commision / rebate to their introducing broker agent. Introducing broker usually provide additional service to their client as a added value of their service, such as market analysis, trading signal, or managed account service. Every broker company have their own requirement to be their introducing broker agent, so you need to contact them for detail information.

Yes, you could become an IB as an individual.

Hope this help
  • #3
  • Apr 9, 2012 2:54am Apr 9, 2012 2:54am
mostly I think it will be good to find brokers which give more commission's
and have good bounces,in another way for find more costumers teach them
and tell them how they can make money on this crazy market
  • #4
  • Apr 9, 2012 1:22pm Apr 9, 2012 1:22pm
The requirements tend to vary a lot, so you may have to ask the broker to find out about their basic requirements. And when it comes to IB, think affiliate..agreed that's simplifying it a tad but that should give you the gen idea.
  • #5
  • Apr 10, 2012 5:10pm Apr 10, 2012 5:10pm
Keep in mind if you're not registered with the NFA in the USA you cannot introduce US clients to US brokerages. Consider CPA offers versus commission/rebate model as well.
  • #6
  • Apr 10, 2012 9:40pm Apr 10, 2012 9:40pm
I see little point in competing as an IB with a rebate business model.

It's a huge game of 'who's willing to give up more margin'..
FXGears.com
  • #7
  • Nov 13, 2019 3:18am Nov 13, 2019 3:18am
yes it's right IB or Introducing broker is the best to earn maximum rebate by referring clients. Become an IB of any well known and trusted broker and start earning a commission from trading activities of its clients.
  • #8
  • Nov 14, 2019 3:17am Nov 14, 2019 3:17am
when choosing a broker ,
its more appropriate to ensure

their reviews in Forex forums above all in FPA.
  • #9
  • Nov 15, 2019 3:12am Nov 15, 2019 3:12am
right now its easy to find broker performance, yes Forum is the best source to know real broker attitude.
  • #10
  • Nov 25, 2019 9:34am Nov 25, 2019 9:34am
TO become an IB is a big step. you need to know your broker and trust them. Make sure they reliable and consistent in what they offer. i have been sold to may stories now. currently with EagleFX and ICmarkets and they are great. both with customer support and fast transactions.
  • #11
  • Dec 1, 2019 9:22am Dec 1, 2019 9:22am
Quoting dextormason
yes it's right IB or Introducing broker is the best to earn maximum rebate by referring clients. Become an IB of any well known and trusted broker and start earning a commission from trading activities of its clients.
There have so many ways of money making in Forex; by using IB- so many people’s are making handsome money although they are not the trader!
  • #12
  • Dec 3, 2019 1:07am Dec 3, 2019 1:07am
Quoting ZikriIrfan
{quote} There have so many ways of money making in Forex; by using IB- so many people’s are making handsome money although they are not the trader!
Agree with you! For successful IB not need to be successful Trader. But IB has to know basic knowledge regarding forex trading.
  • #13
  • Jan 14, 2020 10:41am Jan 14, 2020 10:41am
Quoting AlexImam
right now its easy to find broker performance, yes Forum is the best source to know real broker attitude.
yes Forum is the best options to ensure broker performance. FPA really better than others. appreciate
  • #14
  • May 16, 2020 5:14am May 16, 2020 5:14am
An Introducing Broker (IB) is an agent which introduces new customers to a Forex brokerage. In return for sending customer to brokerage he receives a fee. It is normally a certain share of the Spread or Commission charged by the brokerage in case of forex.
For example you are charged a total of $2 commission on a particular FX trade it is quite possible that the Introducing Brokerage receives more than half of this sum. Many brokerages run IB programs as it can significantly reduce the costs involved in acquiring new customers.
In certain countries, it is required by law that Introducing Brokerages be regulated entities. This is the case in the United States, but in Europe there is no such requirement for the IB to be regulated.
  • #15
  • May 26, 2020 7:01am May 26, 2020 7:01am
IB is an introducing broker from which you can earn in forex market without trading. You just have to share your links with friends or social sites and you will get the commission everytime someone joins a broker using your referral link. However, the commission structure of all the brokers are different. Also, the documentation of becoming an IB also differs from broker to broker.
  • #16
  • May 26, 2020 7:13am May 26, 2020 7:13am
An Introducing Broker is a customer support arm for a forex brokerage firm. Basically, he acts as an intermediary between a client and the brokerage firm counseling a new client about the market. In exchange for his service an IB takes a portion of the spread in each trade.
  • #17
  • Jun 11, 2020 7:39am Jun 11, 2020 7:39am
A Forex IB or Introducing Broker is a person or a company which refers clients to a retail forex broker and get paid commissions on either Revenue Share, Spreads Share , CPA or PNL.
As long as the client you provided is trading then you make commissions from their transactions. This is perhaps one of the most easiest forex related business to start. No costs involved on your end, the parent retail broker will create a link for you and you just start signing people up using that link.
If choosing another broker to promote you need to find a broker which provides something Unique/Cheap/Best in their services making it easier for you to on board clients and get them to start trading.
  • #18
  • Jun 17, 2020 3:32am Jun 17, 2020 3:32am
Quoting dean198
TO become an IB is a big step. you need to know your broker and trust them. Make sure they reliable and consistent in what they offer. i have been sold to may stories now. currently with EagleFX and ICmarkets and they are great. both with customer support and fast transactions.
the broker always can affects the result of our trading with certainly , for that reason we the traders have to choose broker very carefully. yes solid transaction and customer services is brokers real identity.
  • #19
  • Jun 17, 2020 6:36am Jun 17, 2020 6:36am
yes its a good message , but when choosing a broker emotions work most of the time . so most of the time traders take wrong decision.
  • #20
  • Jun 20, 2020 3:18am Jun 20, 2020 3:18am
Quoting NeilWagner
yes its a good message , but when choosing a broker emotions work most of the time . so most of the time traders take wrong decision.
True, and not only do traders make mistakes in avoiding a bad broker sometimes they make a mistake of avoiding a good broker simply because of the bad reviews they had read on the internet given by losing traders. Needless to say, the internet is full of every kind of opinion.
0 traders viewing now