Introducing Broker vs White Label The Best Way to Maximise Your Revenue

Trade 5,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more. Investment Limited cannot and will not accept clients from outside European Economic Area and from Belgium, Switzerland and USA. You need to be 18 years old or legal age as determined by the laws of the country where you live in order to become our client. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

• Our high level of customer support and exceptional tools & conditions ensures a high conversion rate.
• I understand that residents of the US are not be eligible to apply for an account with this FOREX.com offering, but I would like to continue.
• In the foreign exchange market, the broker acts as the intermediary between its customers and the inter-bank market where the currencies are actually traded.
• In return for sending custom to a brokerage, the Introducing Broker receives a fee, with regards to Forex this is usually a certain promotion of the Spread or Commission charged by the brokerage.

This means getting the word out there and promoting your IB business aggressively early on. While this isn’t inherently complicated, there are several individuals, who would rather not have their data shared with a third party. This may be a small amount to pay, in return for rebates introducing broker or the opportunity to adopt the right to access to premium resources without any cost. An application fee for principals and APs is not required if the individual is currently registered with the CFTC in any capacity or is listed as a principal of a current CFTC registrant.

Who is an Introducing Broker?

In the retail forex business, understanding the role of your forex broker can affect what strategy is most effective for you to employ. An FCM focuses on executing trades and the maintenance of trading infrastructure. Outsourcing the prospecting and servicing of clients to the IBs creates economies of scale for FCMs and the futures industry. IBs want to grow their own businesses as much as you want to grow yours.

The parent brokerage commonly maintains a strong bond with the IB. They also pass all the benefits they offer to their regular clients to the IB such they can also forward those perks to the clients they refer as well. For every time I sign up a new IB, the question I always ask is “what service will you be rendering to your clients”. IB’s https://xcritical.com/ should offer valuable service to clients rather than just chase referrals to generate commissions/rebates for themselves. This can be achieved by training, seminars, providing signals and updating clients of regulatory changes in the industry generally. A responsible IB should be concerned about helping the clients trade profitably.

Registration Requirements for Principals and Associated Persons (AP) of IBs

Once you register as an FXTMclient, you can proceed by contacting your Account Service Manager and requesting the transfer. 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. We’re sorry, but the service you are attempting to access is not intended for US residents.

The IB drives business to the clearing firm and provides additional customer support for both the client and the dealer. Introducing brokers are usually compensated as a portion of the spread on each trade their client makes. The dealing firm, in most cases, has a close relationship with the IB and provides them with multiple perks that are then passed on to the IB’s clients – assuming you work with a reputable IB. Unlike affiliates, IBs go the extra mile; it’s beyond just getting more traffic to an online trading platform but providing credible resources, such as advice and information. Though, in the long run, both the client and the broker benefit from the actions of the IB. Become an introducing broker, an independent agent that will be referring new clients to us, convert your influence into an on-going income and earn up to $10 per traded lot.

Protection given to immovable property purchasers in Cyprus

You should consider carefully whether such investments are appropriate to you, taking into account your financial assets. We advise everyone to seek independent advice regarding issues concerning investments on the currency spot market. No information on this website should be understood to constitute financial advice from Scandinavian Capital Markets SCM AB. It is published for information and marketing purposes. Scandinavian Capital Markets may reject any applicant from any jurisdiction at their sole discretion without the requirement to explain the reason why. Your goal is to portray yourself as a reliable and trustworthy voice with valuable insights into the world of online forex trading.

The broker must be under the regulation of appropriate authorities, at least one of FCA, SVG, or ASIC. It may also partner with an online trading platform or a land-based firm. Please note that foreign exchange and other leveraged trading involves significant risk of loss.

Our multi-level system allows you to get commission for up to 3 levels of sub-partners. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. For more than six months, many commodity traders do not remain in the market. Brokers who make profitable trade recommendations tend to retain customers and make more money in the long-run. Partnering with a flashy brokerage that will ultimately overpromise and underdeliver is a waste of time. Digging in and doing the research before signing a partnership agreement is not only wise but a requirement.

Let’s take a look at the key roles and responsibilities that an IB or Introducing Broker has. A lot of people are slightly confused regarding the difference between a Forex Affiliate and an Introducing Broker. As formerly mentioned, Introducing Brokers are given important amounts of information concerning their referrals and are frequently expected to foster relationships with those customers. Therefore, an affiliate will receive only a few details regarding the activities of those who signed up under their affiliate link. This leaves the brokerage itself as the one responsible for fostering a relationship with the purchaser, with the affiliate simply attracting business. This often means it is much easier to become an affiliate than an Introducing Broker, as a brokerage has to do less to check the suitability of the person promoting the brokerage.

What Is an Introducing Broker?

As an IB, you receive access to our software providing a complete overview of your referral business, including real-time revenue reporting. We offer bespoke solutions to partners of every size and structure, from local call centres to trading academies, from social media-focused individuals to mass media marketeers. We believe it is important to make it as easy as possible for you clients to open and fund a trading account. GCI accepts funds via bank wire transfer, major credit card, Skrill, PerfectMoney, and more.

If you’re starting a partnership program or just re-evaluating the tools for your existing program, contact us to see how CurrentBusiness can help. When you bring on IBs who are experienced traders, you quickly gain access to their network. And when you recruit an IB from another firm, you may gain access to loyal clients who follow them after they move. Rather than rest on your laurels, ask your most satisfied customers to refer their friends and families to you. The more clients you bring in, the more the brokerage will value your role as an IB, which will build on your mutual profitable partnership. Read and stay up to date on the financial news daily and where stocks, commodities, currencies, and other vehicles are heading.

Why and how to run an introducing broker program

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.69.50% of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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. You can maximize the benefit of reaching new customers when you add forex IBs in other countries or who speak other languages.

Stock brokers are registered with the Securities and Exchange Commission and are regulated by the Financial Industry Regulatory Authority . An IB can act as an advisor to the clients on actions to take in the market. In other scenarios, it delegates the execution of trades and other operations to another entity. Therefore, the IB isn’t just after its interest; instead, it focuses on that of its customers. Titan FX Partner Portal gives you advanced cookie tracking and detailed reporting for each campaign.

Top Trading for your Traders

An IB Broker offers several helpful amenities to the clients they cater to. The most important of which is educating their clients on the various trades of the market they are participating in. They play a very crucial role in imparting knowledge about market specifics, trends and potential risks to relatively newer investors who may not have a solid understanding of financial instruments.

Only one application fee is required if the individual is filing an application as both an AP and principal. The information on this website is not directed to any country where Forex and/or Derivatives trading is restricted or prohibited by local laws or regulations. Titan FX values relationships with Introducing Brokers and provides a range of resources to help you grow your business. Partner with Titan FX as an Introducing Broker and earn an ongoing commission on the activity of clients you introduce to us.

The local market is the focus of some brokers and also depends on the referral business. However, most brokers have to spend much money on advertising to bring in clients. In addition, it constantly replaces the clients who lose their money.

Become a Titan FX Introducing Broker (IB)

A dedicated IB Account Manager is always available to help you maximize your revenue channel. Our high level of customer support and exceptional tools & conditions ensures a high conversion rate. Yes, a MIB program allows you to refer other partners and earn rewards from their clients. We offer a large range of products and services to enhance your business operations. Give your business a competitive edge with trading conditions, features, and tools that can enhance your clients’ trading and let them trade with peace of mind. Take control of your trading with powerful trading platforms and resources designed to give you an edge.

Introducing Brokers still dominate in the Chinese FX space – here’s how to work with them

These are the dealers that everyone likes to blame for all their problems as I highlighted in a previous article here. Ask most new forex traders if they know what an introducing broker is and the answer you get is usually a blank stare. If you want to get somewhere in any business, it really pays to be familiar with even the smallest of details.

GCI’s Introducing Broker (“IB”) program allows individuals and companies to get paid for directing new clients or trading volume to GCI. GCI was recently awarded International Finance Magazine’s 2014 “Best Introducing Broker Program.” IBs are focused on face to face interactions with their clients, hosting seminars, organizing presentations and visiting industry events. The IB program features a very competitive compensation plan, because of the high level of payouts and low threshold for withdrawing. An IB in general has personal contact with the clients they refer. Introducing Brokers are companies or individuals across the globe who make money by introducing clients to Tickmill.

They can do this by setting up ads via a website or a social media platform like YouTube or Twitter. All transactions on the currency spot market are speculative and all investments should be made using risk capital that is not crucially required. There may be a considerable risk of losses on the currency spot market and all transactions using Scandinavian Capital Markets SCM AB are at risk of capital loss.