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Thread: What Is an Introducing Broker?

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    Moderator cool user Resolve's Avatar
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    Lightbulb What Is an Introducing Broker?

    What Is an Introducing Broker?

    An Introducing Broker (IB) is usually a partner engaged in the Forex business, e.g., running a Forex-related site, forum, or an educational center. The introducing Forex broker may be an individual or a company that receives income from each transaction completed by a client on the platform.

    IB attracts clients to the partner broker’s trading platform, motivates existing clients to conduct more active trading, takes part in advertising campaigns (both held by the partner broker and their own), represents exclusively on its own behalf interests of the partner broker in the Internet (forums, blogs, etc.) or any other domain.

    The main objective of IB is to attract the maximum possible number of active traders.

    Examples of Introducing Brokers

    Any individual or legal entity can be an introducing broker. It is not essential that their activities be related to financial services. Independent financial consultants, successful traders, and all sorts of sales managers can also make good IBs. Of course, it is advisable that such an individual has a loyal client base.

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    Last edited by Resolve; 07-23-2021 at 04:42 PM.

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