Introducing Broker (IB) is a brokerage company or individual that works directly with clients and handles the front office. At the same time, the execution of client transactions and the back office is carried out by another larger company.
The main function of IB is to work directly with end customers. It consists in conducting advertising activities and attracting as many new clients as possible to the partner broker site, providing comprehensive assistance, technical support, training and advisory functions.
The main function of IB is to work directly with end customers. It consists in conducting advertising activities and attracting as many new clients as possible to the partner broker site, providing comprehensive assistance, technical support, training and advisory functions.
What is an Introducing Broker?
An introducing broker (IB) acts as an intermediary between individual traders and a large brokerage company. IBs attract clients, may perform advisory and other functions, while the partner broker is fully responsible for the back office and providing clients with direct access to financial markets and instruments. For its activities, the introducing broker receives a commission in the form of a partner remuneration, depending on the volume of completed trading operations for clients on the platform of the partner broker.
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What do Introducing brokers do exactly?
The functions of an IB broker include:
- Advising potential traders on the aspects and features of trading in the financial markets.
- Advisory support to existing clients on the main trading strategies.
- Help newcomers to register and master the platform.
- Organization of marketing activities in order to interest as many potential traders as possible.
- Providing successful clients with recommendations for investor accounts within the framework of trust management.
- Support for promotions held by a partner broker
Considering that customer acquisition is the main function of IB, the largest item of expenditure is advertising. IB brokers prefer to invest in Internet marketing, considering this method to be the most effective. At the same time, IB prefers to work with companies that provide the best introducing broker programs. A list of introducing brokers programs will be presented below. These are the most interesting introducer programs on the forex market, which help to get the maximum profit from attracted clients.
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Comparison table of top IB programs conditions
The introducing broker list below includes the most interesting IB forex broker programs at the moment.
Exness
The Exness IB program works by the Revenue Share model. Exness IBs are referred to as "Partners" -- they can receive up to 40% of the broker's profit for their referrals' trading activity.
After registration, you will have access to the Personal Area. There, you will find detailed statistics in real-time and ready-made promotional materials: banners, landing pages, etc. Payments are made daily upon request -- no need to wait several weeks to get your profit. You can request a withdrawal to Visa/Mastercard, Neteller, Skrill, Perfect Money, WebMoney, UnionPay, and Bitcoin wallet.
Exness also pampers its Partners with luxury prizes as part of its loyalty program: top performers get phones, cars, and trips.
Promotion of Exness products is pretty easy. This is a globally renowned broker; its main "thing" is infinite leverage, which allows managing the trade volume without restrictions.
After registration, you will have access to the Personal Area. There, you will find detailed statistics in real-time and ready-made promotional materials: banners, landing pages, etc. Payments are made daily upon request -- no need to wait several weeks to get your profit. You can request a withdrawal to Visa/Mastercard, Neteller, Skrill, Perfect Money, WebMoney, UnionPay, and Bitcoin wallet.
Exness also pampers its Partners with luxury prizes as part of its loyalty program: top performers get phones, cars, and trips.
Promotion of Exness products is pretty easy. This is a globally renowned broker; its main "thing" is infinite leverage, which allows managing the trade volume without restrictions.
Commission:
- CPA — up to $1770
- RevShare — up to 40%
- CPL — up to $25
Affiliate Payment Method:
WebMoney, Skrill, Perfect Money, Neteller, Wire transfer, QIWI, Yandex.Money, Fasapay, Bank card, Local online banking, ChinaUnionPay, Bitcoin, Tether
XM
XM.com is one of the leaders in the industry. The company was able to achieve a leading position in the industry, among other things, thanks to the active work of IB. The company offers interesting and varied programs.
The company offers a commission of $25 per lot to clients who enter into a client agreement with the company. Also, IB can expect to receive a commission of 10% on sub-partners. The company offers all partners a user-friendly interface for tracking detailed statistical information and paying remuneration for attracted customers.
The company works as transparently and openly as possible, and thanks to this it is very popular among ordinary clients and IB. The company regularly holds additional promotions and raffles that allow customers and partners to receive additional financial rewards.
The company offers a commission of $25 per lot to clients who enter into a client agreement with the company. Also, IB can expect to receive a commission of 10% on sub-partners. The company offers all partners a user-friendly interface for tracking detailed statistical information and paying remuneration for attracted customers.
The company works as transparently and openly as possible, and thanks to this it is very popular among ordinary clients and IB. The company regularly holds additional promotions and raffles that allow customers and partners to receive additional financial rewards.
Commission:
$25 per lot
Affiliate Payment Method:
Visa/Mastercard, Skrill, Neteller
FBS
FBS has been on the list of the most successful and popular companies in the industry for several years now. The company has been active in the market for more than 10 years and currently cooperates with partners from 190 countries.
The affiliate program developed by the company has won such awards as TOP IB Program and Best FX IB Program.
The company offers a defibrinated remuneration scale to partners depending on the number of clients attracted per month. The more IB brings clients, the more remuneration the partner receives. Thus, the percentage of remuneration can increase from the starting 40% to 70%.
The company also offers a CPA model of cooperation. As part of this program, the company offers a reward of up to $16 for each verification of documents. The amount of remuneration depends on the country of the attracted client.
The affiliate program developed by the company has won such awards as TOP IB Program and Best FX IB Program.
The company offers a defibrinated remuneration scale to partners depending on the number of clients attracted per month. The more IB brings clients, the more remuneration the partner receives. Thus, the percentage of remuneration can increase from the starting 40% to 70%.
The company also offers a CPA model of cooperation. As part of this program, the company offers a reward of up to $16 for each verification of documents. The amount of remuneration depends on the country of the attracted client.
Commission:
- RevShare — up to 70%
- CPA — up to $16 per lot
Affiliate Payment Method:
Visa/Mastercard, Skrill, Neteller
Libertex
Libertex has been on the market for almost 25 years. This is a very impressive period. During this time, the company has been able to establish itself as a reliable partner for both private traders and IB.
The company offers a three-level affiliate program. Under this program, an IB can expect to receive 40% of the spread remuneration, as well as 3% to 15% of sub-IB profits. The percentage of remuneration varies depending on the level of attracted IB.
The company has taken the implementation of the affiliate program very seriously and offers all new potential partners to undergo training, and also provides all IBs with a personal manager. As part of the affiliate program, Libertex IB starts earning after attracting the first partner. This is a significant advantage compared to some competitors' offerings.
The company offers a three-level affiliate program. Under this program, an IB can expect to receive 40% of the spread remuneration, as well as 3% to 15% of sub-IB profits. The percentage of remuneration varies depending on the level of attracted IB.
The company has taken the implementation of the affiliate program very seriously and offers all new potential partners to undergo training, and also provides all IBs with a personal manager. As part of the affiliate program, Libertex IB starts earning after attracting the first partner. This is a significant advantage compared to some competitors' offerings.
Commission:
RevShare — up to 40%
Affiliate Payment Method:
Bank transfer, Visa/Mastercard, Skrill, Neteller, Perfect Money, other
BDSwiss
BDSwiss is a reliable brokerage company that offers private traders and partners favorable terms of cooperation.
The BDSwiss Affiliate Program allows anyone active in the financial services industry to enjoy competitive reward plans by providing the broker's products and services to their audience. To become a partner, click on the link below.
The profit will depend on the type and quality of transactions. For example, under a 50 percent revenue share plan, an affiliate will receive approximately $6 per lot traded in major currency pairs. In addition, you can become a master partner and earn up to 5% from the commissions of each sub-affiliate.
BDSwiss offers a wide range of payment systems. These are bank transfers, and Skrill, and credit cards, and Sofortüberweisung, and cryptocurrency. When opening a deposit, you can choose a convenient currency: NOK (kr), EUR (€), DKK (kr), USD ($), SEK (kr), GBP (£), PLN (zł), DKK (kr) or CHF ( Fr.).
The BDSwiss Affiliate Program allows anyone active in the financial services industry to enjoy competitive reward plans by providing the broker's products and services to their audience. To become a partner, click on the link below.
The profit will depend on the type and quality of transactions. For example, under a 50 percent revenue share plan, an affiliate will receive approximately $6 per lot traded in major currency pairs. In addition, you can become a master partner and earn up to 5% from the commissions of each sub-affiliate.
BDSwiss offers a wide range of payment systems. These are bank transfers, and Skrill, and credit cards, and Sofortüberweisung, and cryptocurrency. When opening a deposit, you can choose a convenient currency: NOK (kr), EUR (€), DKK (kr), USD ($), SEK (kr), GBP (£), PLN (zł), DKK (kr) or CHF ( Fr.).
Commission:
RevShare — up to 50%
Affiliate Payment Method:
Bank transfer, Visa/Mastercard, Skrill, Neteller, Perfect Money, other
Author:
Joseph Direnver
IT specialist, online trader and analyst. Joseph is very well versed in financial matters and the structure of brokerage affiliate systems can easily explain the complex in a simple and understandable language.
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