The introducing broker and whoever executes a transaction split the fees and commissions according to some agreed upon arrangement. Are you an introducing broker seeking for a great trading system to manage your clients’ portfolios? Do you wish to increase your earning potential and expand your customer base? Join the Zara FX Introducing Broker programme designed for financial professionals who wish to introduce their existing client portfolio to online FX trading. Hence, introducing brokers should select a broker with a great reputation who is regulated in at least one reputable jurisdiction .He was one of the first traders accepted into the Axi Select program which identifies highly talented traders and assists them with professional development. Choose a reputable broker – providing clients with great service will only go so far if they have a bad experience with the broker that has been recommended. While errors and mistakes can happen with every broker, a reputable and regulated broker will always treat their clients fairly. These are all questions the clients will want to know, and IBs should make sure they are sending them to a broker that provides quality services and support to its clients.
CUSTOMER STATISTICS
Find third-party, institutional-caliber research providers and access research directly through Trader Workstation . Our proprietary API and FIX CTCI solutions let institutions create their own automated, rules-based trading system that takes advantage of our high-speed order routing and broad market depth. Apply client fee schedules to individual accounts or store them in templates.We offer low spreads, a variety of trading products, easy-to-use payment options, a world-class trading platform and powerful trading tools. IBs tend to have direct contact with their clients and offer specific services, while affiliates might simply promote the broker on their website, without offering any service to them. The retail brokerage in most cases has and maintains a direct relationship forex introducing broker with the IB and provides them with multiple perks that can be passed on to the IB’s clients. Client Account Templates help Introducing Brokers save time when sending application invites to prospective clients. The Client Account Templates allow the broker to specify the account type, trading permissions and trading objectives that will be automatically applied to the application.
Introducing broker vs affiliates
Optimus Futures can assist your clients with selecting a Commodity Trading Advisor (CTA’s), opening a trading account for the CTA to manage, and monitoring the trading activity of the Managed Futures Program on an ongoing basis. Foreign Introducing Finders who refer clients to a CTA can also benefit from our FIF program. FIF’s with managed account clients can enhance their monthly compensation by earning a round-turn commission. Optimus Futures and Optimus FX are both independent, and very few companies can match our breadth of platforms offerings, routing capabilities and clearing arrangements.Rebates are generally paid out once per day, unlike CPA, where payments tend to occur once per month, for the previous month’s activity. An Introducing broker is meant to serve as a one stop ‘on-ground’ customer service arm of the retail broker. The Introducing broker uses its local influence to drive clients to the retail broker and provides additional customer support on both ends. Introducing brokers may also be known as Marketing agents, Affiliates or partners.
What’s in it for your customers?
Meet your compliance obligations by notifying your clients of advisory fee details. Quickly and easily consolidate financial information from any financial institution with PortfolioAnalyst, a fully featured portfolio management tool. Support for global regulatory reporting including FATCA, MiFID II, AML, GDPR and others.Fund your account in multiple currencies and trade assets denominated in multiple currencies. Manage your sub-ibs and their commissions according on your requirements. For every trade you refer on our platforms, you will receive industry-leading rebates. This material should be viewed as a solicitation for entering into a derivatives transaction.
Becoming an IBwith Tickmill is a really simple process!
IBs typically offer a specific service and tend to maintain a long-term relationship with their clients. The type of service they provide varies, but it can be anything from providing educational courses to 1-to-1 live training and cashback sites. Each Advisor, Proprietary Trading STL and Multiple Hedge Fund master account holder can add client, sub and hedge fund accounts as required. Interactive Brokers strives to provide the best deal on bonds by passing through to our clients the highest of all bids and lowest of all offers we receive from the electronic venues we access. IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs. From trade date to settlement date, our Securities Financing solutions provide depth of availability, transparent rates, global reach and automated lending and borrowing tools.
- This means that you cannot lose more than the amount of money invested with us.
- Our integrated platforms gives traders fast, accurate data and seamless operation between analysis and trading execution.
- It helps you find new opportunities to diversify your portfolio and discover undervalued companies that may have greater growth potential.
- Your IB room will open, and you will find everything you need under the “Referral Materials” section, including referral link, code and marketing material.
- Simply introduce customers to us using your own contacts or marketing efforts and we’ll do the rest.
- The fact that it can be carried out on-line means the brokerage firms do not need to set-up an office in every country they have a client to carry out trading activity.