What does Ib stands for?

[proaction@forexproaction.]

Hi Moderators,

I have been in email communication now with the partnership folks and have had all my questions handled now, except the last one, which I think they didn't recognize as a final question.

As a Franchise Partner, does the account of the Franchisor (person who is the Franchise Partner) get included in the pip income or does it still fall under the "Churning" rule?

Thanks for your help,

[nonamer]

Hi Moderators,

I have been in email communication now with the partnership folks and have had all my questions handled now, except the last one, which I think they didn't recognize as a final question.

As a Franchise Partner, does the account of the Franchisor (person who is the Franchise Partner) get included in the pip income or does it still fall under the "Churning" rule?

Thanks for your help,

Hi,

The information above only can be answer by manager/finance FXOPEN because what i know if already get Franchise status normally you will use own link like fxegypt/fxmalay/fxthai so no churning if you already use link like that. But the decision and the right information please refer to finance department or manager about that.

thanks

[proaction@forexproaction.]

Hey ... thank you for the response.

Trade Safe!

[budado]

IB means Introducing Broker. To be an IB you need to be dedicated to the job. You would promote the broker and introduce new traders to the platform. You may also offer a high level of first tier support to your clients and in some cases work long hours in order to reach your objectives.
The main benefit is an income based on the trading volume of your clients.

I just read in other thread that they are talking about IB. I'm happy that I find the answer in here. Its look good and promising. Its seem look like an affiliate right? In which I'm like a mini broker also? and having clients to join and trade under me? Is my understanding of IB right?
thanks.