Why and how to run an introducing broker program

If the offer looks good and you have examined your options, you may want to partner up or look around a bit longer for the right fit. Needs to review the security of your connection before proceeding. And you don’t have to trade currencies and study analysis to do it.

However, it is impossible to achieve an infinite profit margin. Since the revenue you earn as a Forex IB is performance-based, you will only be paid if you continuously bring new clients to the broker in order to earn commissions. Forex Introducing Broker is a partnership program offered by Forex brokers which allows individuals or businesses to earn rebate by referring traders to Forex Brokers. In return for sending clients to a brokerage, the Introducing Broker receives a fee.

Podium finisher: Interactive Brokers

Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Next, compare the account offerings, trading platforms, tools, and investment research provided by each broker. IC Markets is the largest forex broker by trading volume, with over $774 billion in forex trading volume in the third quarter of 2021 alone, according to data compiled by Finance Magnates. IC Markets is also well-known as an excellent option for algorithmic traders due to its great pricing and execution.

forex introducing brokers

By creating a link to a third party website, Riston Capital Ltd. does not endorse or recommend any products or services offered by the third party. The main objective of IB is to attract the maximum possible number of active traders. Furthermore, since many teens are entering the Forex IB business early on, they have better systems in place to outearn latecomers.

If that’s the case, you can easily become a Forex IB which is really money making tool suitable for everyone. The more clients you manage to sign up with your preferred Forex broker and the more these people trade, ultimately the higher your income will be. Introducing brokers want to be paid fairly for referring new customers to your brokerage. Commissions and the compensation structure are important to them, and making sure you pay a competitive rate for referring new clients who make large deposits and actively trade through your brokerage.

It’s important to make sure that your forex broker is well-trusted and properly regulated in order to avoid forex scams. To see an intuitive, comprehensive list of highly regarded regulatory agencies, check out our Trust Score page. Also, be sure to check out our in-depth reviews of forex brokers – we detail the regulatory status of each individual forex broker across the international forex landscape. Take a look at our full guide dedicated to low-cost and zero spread brokers here. Check out our full guide to the best forex trading apps here.


In contrast, clearing and executing brokers receive assets or money directly from the clients. Resident or firm with only non-US customers who submits all trades to an FCM. Are you looking to speculate that the Euro currency will go up in value against the U.S.

forex introducing brokers

Joining is quick and easy, requires no upfront investment or complexity. Your goal is to portray yourself as a reliable and trustworthy voice with valuable insights into the world of online forex trading. Think in terms of podcasts and YouTube videos, trader eBooks, a regular financial column, blog posts and guest posts. Get people liking, commenting and quoting you on social media. If you can build a genuine following on Facebook, Instagram and Twitter, you’re already one step ahead. A popular YouTube channel is an even more powerful marketing tool for introducing broker.

A Comprehensive Guide To Process…

Some firms will pay a cost per acquisition and Introducing or beginning brokers receive a large fee than an affiliate. Referral business is predicted on a new client registering for an account, depositing capital into an account and then generating a transaction. Brokers are leery of individuals that don’t have a regulator trading pattern.

Stock brokers are registered with the Securities and Exchange Commission and are regulated by the Financial Industry Regulatory Authority . The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. If you are not sure about your local trading regulations, please, leave this website immediately.

  • A wide product range of 300+ Instruments from 6 different asset classes for the rich diversification of your investment portfolio.
  • It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.
  • Whatever online resources you develop as an IB, your emphasis should always be on quality over quantity.
  • In contrast, an executing broker processes buy orders and sell orders.
  • Have you ever thought about whether it is possible to earn capital in the financial market without making trade deals?

That is why our back office was design to do this and more, all from within an easy-to-use online platform. IB programs are an excellent asset for brokerages when they’re ran well. A good CRM and back office software a a key part of doing that.

How Easy is it to Run a Forex IB Business?

As a result of this opportunity, they’ll have additional income to invest in other businesses, further building their wealth. Forex IB business boasts the advantage of being extremely flexible – it can be done anywhere, any time. While many adults have a strict work schedule, they also have additional responsibilities in their free time.

Furthermore, Forex rebates are a great way for trading professionals to earn extra cash by introducing new clients and customers to the brokerage. In other words, the more transactions introduced clients make, the more profit the forex introducing broker will make. They do not just bring new customers to the trading platform but also provide individual advisory and other resources to establish a long-term relationship with customers that bring benefits for both. Here we actually see a new marketing model with a chance for IBs to create a multi-level network of customers that generate revenues not only for the introducing broker but also for themselves. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies . In addition to competitive spreads and low commission-based pricing for forex, Interactive Brokers provides more third-party research than any other broker.

Startup Studio Insider Shares Th…

White Label ProgramPromote your own brand on our award-winning professional trading platform, with the flexibility of structuring your own payouts. If you’re a fan of mobile platforms – or trading forex on the go – see our picks for best forex trading apps here. Our parent company, StoneX Group Inc., is NASDAQ listed and regulated in multiple jurisdictions. We provide the highest standard of governance and transparency to our partners and trading customers. Take control of your trading with powerful trading platforms and resources designed to give you an edge. Many IBs are one-person operations, while others are larger, multi-location businesses.

Partnership levels:

By categorizing traders based on the trading technique they use and the level of experience they possess, you can identify the types of traders you want to attract. Ensure that you post content frequently and communicate with potential clients. It is important that you are able to manage and keep up with all social media channels appropriately. You can trust us to be always reliable when it comes to delivering your IB commissions. You will be instantly receiving your revenue as it is being generated.

Trading is a way to accumulate your wealth without really selling anything, except selling the stocks and financial instruments you buy. In contrast, a clearing broker or executing broker executes the trade themselves. First, the firm or individual needs to obtain secure access to NFA’s Online Registration System by hiring a security manager. Alongside nearly 10,000 CFDs, CMC Markets offers the most tradeable currency pairs, with 158 pairs that can be quoted both ways (i.e. EUR/USD or USD/EUR), which comes to a total of 316 pairs.

Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Forex trading involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members.

Read our full MetaTrader guide, and learn more about the newest version of MetaTrader with our guide to the Best MetaTrader 5 Brokers. The specific amount of money you’ll need for trading forex will depend on multiple factors, such as your personal financial situation, your trading goals, and your tolerance for risk. The forex broker’s job is to execute your orders — either internally https://xcritical.com/ by acting as the principal to your trade or by sending your orders to another market, thus acting as your agent . You’ll need to open an account and deposit enough collateral to enable you to place orders with your broker to buy or sell forex. Benefit from the strength and support of a global leader with over 15 years’ experience in online currency trading to build your business.

Multi-tier Commission Program

GAIN Global Markets Inc. is part of the GAIN Capital Holdings, Inc. group of companies, which has its principal place of business at 30 Independence Blvd, Suite 300 , Warren, NJ 07059, USA. All are separate but affiliated subsidiaries of StoneX Group Inc. We’re sorry, but the service you are attempting to access is not intended for the country we’ve detected you are in.