Our forex introducing broker program is a great opportunity for both individuals and organizations to receive compensation (commissions or rebates) for introducing their customers or contacts to the forex market.
A forex IB (introducing broker) business can be structured in many different ways. It depends on the existing or potential client base of an individual or company. If you are thinking about setting up a forex broker business through our IB program and want more information, fill out our IB form by clicking here to get started or read our step-by-step IB guide. If you want to expand your business by offering your clients forex trading or managed forex services, becoming an IB will make this possible. See below.
- Why you should sign up as an IB through our firm
- Advantages of Becoming an Introducing Broker
- Examples of businesses that are good candidates to expand into the forex introducing brokerage industry
- Introducing forex managed accounts as an IB (optional)
- Forex introducing broker broker commissions and compensation - Forex IB's can earn higher commissions and fees than in the stock and futures market while providing their customers with greater benefits. Click on the link above to learn more.
- How do I get started? - A step-by-step guide to becoming an introducing broker
- Forex White Label - Build your brand in the forex market at no cost to you.
Available Services for IB's
Back Office Support - The Introducing Brokers will be provided with extensive back office services. These services include: customer statements, pip and dollar commission reporting, volume and IB commission reporting, automated reporting of leads generated, and more.Customized Forex White Label - Introducing Brokers that qualify, can be provided with a customized forex white label platform at no cost whatsoever, joint marketing initiatives, sales support, content for their forex brokerage website, online commission and account reporting, and more.
Managed Forex Accounts - In the last few years, more and more affluent investors have turned to alternative investments that are not tied to poorly performing stock markets. If your client base includes wealthier investors that would like to diversify into professionally managed forex accounts with above-average returns, you can benefit greatly by introducing these accounts to your clients. Your compensation will include a percentage of the manager's performance fee, which can be a substantial addition to your business cash flow. If you are interested in offering managed forex services to your clients, please complete our IB form to discuss things further. Click here to complete our Introducing Broker form. For more information, visit our managed forex IB section.
Help and Advice on Getting your Forex IB business to Succeed - It is in our best interest that you establish a successful introducing brokerage business. Given the extensive marketing, forex, and trading experience of our staff, we can discuss with you the best ways to get your business up and running. This may include, but is not limited to, training for your staff, advice in setting up your website, suggestions on increasing your account closing rate, ways to leverage off your existing business, and how to provide excellent service to your customers.
Is it difficult to run a Forex Introducing Broker business?
No. It is very easy to operate an IB business in the forex market. The only thing you have to do is offer our services to potential traders and investors who can benefit from it. This can be easily done through word of mouth, via your existing website or new website, conferences, and many other ways. If you have an existing client base, you can offer forex trading services to them or you can establish a new group of clients. If your FX IB business has potential, we are willing to spend all the time necessary to help you succeed.
What do I do now?
It's really quite simple. Fill out our Forex IB form and provide us with some basic information.
1st Step in the IB process - Click here to complete our registration form
Examples of Businesses that can become Successful Forex IB's
If you want to discuss the status of your Introducing Brokerage application with us by phone after you complete our registration form, please call usWhy you should sign up as an IB through our firm
It is a lot more beneficial for you or your company to become an introducing broker through our company than to go straight to a clearing firm. Why?
- Attractive Payout
By becoming introducing brokers through our firm, your payout will be extremely attractive and your clients will have access to very tight spreads and straight through processing (STP). You will also have the support of an organization that has helped many IB's succeed. These are only perks that are available through our firm [click here to complete our IB registration form and get started].
- Tight Spreads and STP (Straight Through Processing)
STP technology allows your customers to trade currencies directly with the liquidity providers (banks, etc.) which make up the quotes, instead of with the dealing desk of a retail FX firm. This means your customers will get faster fills and higher quality executions, without the requotes, dealer delays, price manipulation, etc. that are part of the dealing desk model. This should translate into a higher quality of execution. Furthermore, relationships with multiple liquidity providers will give your clients access to tighter spreads than most forex brokerage firms, which will make it easier for your company to open more accounts and retain existing customers [click here to complete our IB registration form and get started].
- Industry Standard Platform (MT4)
MetaTrader 4, or MT4 as it's more commonly known, has become de de facto standard in the forex trading industry. It will provide your clients with a powerful, all inclusive suite comprised of sophisticated charting, advanced order execution, and comprehensive reporting. MT4 is also extremely popular in the automated or algorithmic trading arena, where systematic traders can run existing forex robots (or automated programs also known as EA's or Expert Advisors) or develop their own, as well as run different backtests of the strategies over specific periods of time. When you become a forex IB, your clients will get access to MT4 at no cost whatsoever. Forex white label IB's will be able to customize the MT4 platform with their logos, thereby increasing their brand recognition in the FX market [click here to complete our IB registration form and get started].
- Higher Approval Rate
The introducing broker market has become very competitive. The clearing firms are becoming more and more selective in the approval process for IB's. Not everyone gets accepted. That's where we come in. We are willing to work with a wider spectrum of potential IB's, so your chances of getting accepted increase dramatically [click here to complete our IB registration form and get started].
- Free Training
If you become an IB through our firm, we will provide you with free training so that you can increase your account closing rate and, therefore, your profitability. We will train you so that you can offer your traders practical trading strategies as incentives to opening accounts with your firm. This includes the ability to provide live internet based training sessions to your customers as well various other educational materials [click here to complete our IB registration form and get started].
- Support from a Wining Organization
We have helped many individuals and institutions all over the world become successful introducing brokers. From individuals to money managers, we have helped many establish their own IB operation. We can do the same for you [click here to complete our IB registration form and get started]. We know what you need to do to succeed and can help you immensely in this respect. Our guidance can become the critical factor that makes your forex IB business successful. We can save you or your company a lot of money and time by either assuring that your marketing plans are appropriate or putting together a plan of attack that can take you to the next level in this industry [click here to complete our IB registration form and get started].
Will you leave your success to chance or will you allow us to show you the best path to take? Get started by completing our online IB form now.
Advantages of Becoming an Introducing Broker
Right now there are few opportunities that offer individual and institutional entrepreneurs more advantages than the foreign exchange introducing brokerage business. With the weakening of the U.S. Dollar, even American investors have become interested in the currency markets. This has created a huge opportunity for aggressive individuals and companies that want to offer their customers the ability to trade currencies online and/or diversify into professionally managed accounts. Here are just some of the advantages of becoming and introducing broker or IB:
Benefits of Introducing Brokers
- Can give your customers access to leading online forex trading platforms.
- Forex IB's are paid based on the trading volume of their clients (Please note that clients don't pay more when they go through an IB - click here to find out why they don't).
- Can maximize their time by having their time-consuming back office issues handled for them for free.
- Can diversify into the forex trading business which is growing at a phenomenal pace and can earn potentially large cash flows while providing their clients with an excellent value-added service.
- Can leverage off their existing customer base or relationships and help their business grow.
- Can take advantage of the huge growth in demand for alternative investments by offering their high-net worth clients our excellent managed forex account services (optional).
- FREE Training - We will train you so that you can provide training services as incentives to your clients (local or remote), thereby increasing the number of accounts you open and your retention rate.
- Easy to get started. Click here to request more information about IB's.
To speak to an introducing broker expert on the phone, call 1.305.600.4651 begin_of_the_skype_highlighting 1.305.600.4651 end_of_the_skype_highlighting. You can also click here to send us an email and request that we call you back.
Businesses that are good candidates to become Introducing Brokers.
You might be asking yourself, "What types of businesses can take advantage of the Forex IB program?" In reality, any individual or organization that has (or has the means to obtain) the proper contacts can become a successful Introducing Broker. To give you an idea, we have provided below just some examples of businesses and individuals that can establish a successful forex brokerage business [These are by no means the only possibilities. If you don't see your category below, don't worry - complete our IB registration form to see if you qualify]:
- Foreign bank wanting to hedge client's local currency risk
- Foreign bank wishing to diversify into alternative money management or online currency trading.
- Insurance companies or brokers
- Independent investment adviser or financial planner
- Stock or futures brokerage company or investment advisory firm
- Successful stock, futures, options or currency traders
- Successful forex traders that want to become money managers
- Popular financial websites
- High-traffic websites
- Asset management firms
- Money managers
- Hedge funds
- Trading rooms
- Advertising firms
- Presidents or owners of investment or trading clubs
- Organizers of financial seminars
- Well-known investment professors
- Real estate or mortgage firms
- Trusted salesperson with affluent client base
- Companies with large client bases
- Personal adviser for influential people (actors, sports stars, executives, etc.)
- Influential people with large contact bases
- Attorneys, accountants and other business professionals with wealthy clients
To request more information, please fill out our Forex IB form.
Return to the Forex Introducing Broker section.
Find out how our Forex White Label program help you establish a brand as a broker in the forex industry.
If you want to discuss your potential IB business with us by phone, please call us at 305-600-4651 begin_of_the_skype_highlighting 305-600-4651 end_of_the_skype_highlighting.
Managed Forex IB Compensation
How introducing brokers get paid for managed account businessThe diagram below shows how managed forex IB's get compensated for the managed account assets they raise.
When an IB convinces a customer to open a managed account, the customer first opens a regular forex account and the money manager is given limited power of attorney to trade the customer's account via a specialized money management and accounting software from the forex brokerage firm.
As a result, the managed IB's compensation consists of a percentage of the monthly profits obtained by the forex manager and a rebate or commission from the transactions that are generated in the client's account by the money manager.
If you or your company have access to wealthy investors, raising funds for a money manager as an IB can provide you with a substantial amount of cash flow.*
Whether your business is insurance, brokerage, or real estate - whether you run an investment advisory firm or have access to wealthy individuals, you can benefit immensely by offering forex managed accounts to your customers. Right now, many investors are looking for alternative investments that can offer attractive returns, and are not tied to stocks or real estate.
We can also help you open accounts in two special ways...
How can we help IB's increase their managed account closing rate?
We have two unique ways to help our introducing brokers increase the amount of forex managed account business they do.- Live Online Broadcasts with Professional Traders
Your clients can listen to a professional money manager talk about the global markets and managed accounts via our online meetings. Clients who attend will feel a lot more at ease about the entire managed account program. It is almost like meeting the manager face to face; something that is unique to our program and truly an impressive experience for investors. As a result, IB's will be able to increase their managed account closing rate and the size of the accounts opened.
- One-on-one Conference Calls or Meetings with the Manager
If one of your clients is considering a sizable initial investment in a managed account, we can schedule a phone conference with your client and the manager no matter where in the world your client is located. If your client can travel to South Florida, we can schedule a personal meeting with your client and the manager in our corporate office. This will make it easier for you as an introducing broker to raise managed account assets.
Why clients don't pay more money when they go through an IB.
Introducing brokers are compensated by the brokerage or clearing firm (the company that opens the clients' accounts) they work with. Clients do not pay higher commissions or have higher spreads because they go through an introducing broker instead of going straight to the clearing firm. In fact, if a client allows the IB to "introduce" him to the clearing firm, the client can be eligible to receive special services that only the IB can offer; for example, free training.
How can the clearing firm compensate the IB without making the client pay for it? Good question. The clearing firm "SHARES" part of the spread with the introducing broker while giving the client access to the same tight spreads that are available to all other clients of the clearing firm. The clearing firm depends on introducing brokers for a major part of their business. Clients are not charged a commission. Both the clearing firm and the introducing broker only get compensated from the spreads that exist between the bid and ask prices for the given currency pairs [this is different than in the stock market, where customers must pay a commission to their brokers on every transaction, and also have to deal with the spread - Forex Day Trading gets compensated from the BID/ASK spread. IB's that also introduce managed account customers can also receive a portion of the money manager's profit fee. Click here to learn more about managed forex IB's.
IB Compensation Diagram (for retail or do-it-yourself traders)
Forex introducing broker retail business model
Forex IB Compensation Diagram for Managed Accounts
Forex introducing broker managed accounts business model
Introducing Broker - Step-by-Step Guide
We specialize in helping businesses and individuals from all over the world become forex introducing brokers. We have put together this list of steps to show you EXACTLY what you need to do in order to get started as an IB.- Tell us about your business (click here to do so now) - This step is simple, but crucial. Before moving forward with the IB process, we need to know what type of business you are currently involved in and what your plans are after you become an introducing broker. We need this information in order to structure the best package for you.
- Receive the IB paperwork via email
- Email us your Introducing Broker paperwork - After you complete and sign your IB applications, you need to email them back to us.
- Your paperwork is sent in for processing - After we receive your introducing broker paperwork, it is sent in for processing. This can take from one to three weeks.
- You will receive an approval email - Your will receive an approval email when your paperwork is processed and you are added as an IB to the system.
- Information about your forex IB website - If you will be promoting your business through your existing or new website (forex white label), you will receive instructions via email on how to do so.
- Receive our training and support - Since we want you to succeed as an introducing broker, we will provide you with invaluable training and support on how to push your business forward. This includes, but is not limited to, education on how to train your customers and staff, marketing plan suggestions and analysis, and customer online meetings with professional forex managers to help you with potential high net worth clients.
Forex White Label Program
Establish your brand in the Forex Brokerage industry.Our Forex White Label program is for individuals and institutions that want to establish a brand name and a presence in the forex industry. As a white label partner, you will be provided with a platform (MT4) with your brand or logo as well as content for your introducing broker website. You will also enjoy our award-winning technology, no dealing desk, full service back office support, and other administrative and support functions.
Ideal candidates for the forex white label program include:
- Financial services firms that want to move their forex trading operation online quickly and cost effectively or establish a new forex brokerage division; for example, banks, insurance companies, stock or futures brokerage firms, etc.
- Trading firms and/or online brokers that want to offer a greater range of products to their customers. By expanding into the fastest growing financial market around (foreign exchange), you will be providing your clients with a great value-added service while increasing the profitability of your firm.
- Companies offering forex tools and advisory services - This can be websites or newsletters that provide an analysis of the forex or futures market, advisory businesses, etc. that want to expand their web presence by offering online forex trading capabilities to their existing client base.
Forex White Label Introducing Brokers will enjoy the most advanced forex trading software in the market: MetaTrader 4 (MT4). The web-based white label trading platform provides real time, streaming currency prices and lightning-fast STP (straight through processing) execution with no dealing desk, real time management of currency positions, robust risk management capabilities in addition to complete back office support and reporting features. Furthermore, the white label platform has an advanced charting package built directly into the software, along with other tools to help traders make trading decisions. Best of all, the forex trading white label platform for our IB's is very easy to use and offers ultimate flexibility in a familiar, Windows-based environment. This means that your customers can trade currencies from any computer, anywhere in the world, around the clock.
Why should you take advantage of our Forex White Label Trading Program?
- No Up front cost - While most firms require a payment of $100,000 up front or millions of dollars in accounts to get started, our white label solution is free.
- Take advantage of powerful, easy-to-use forex trading technology and 24-hour and Straight Through Processing (STP) at no risk to you.
- Get started quickly! Become an introducing broker in a short period of time.
- Establish a revenue stream with little or no up front cost.
- Flexibility. You can customize your own fee structure and dealing spreads for your Forex IB business.
- Online access to customer reporting.
- Take advantage of automation technology to run existing automated trading systems or forex robots.
- Receive all software upgrades and updates at no extra cost.
Numerous forex white label projects have been completed throughout the world, and we work closely with individuals and organizations globally through every stage of their Forex IB business (planning, launch, and beyond) to ensure a mutually successful, long-term relationship among our companies.
Available White Label Services
White BrandingFor qualified firms or individuals, we can provide a powerful, industry standard forex trading platform (MetaTrader 4) branded with your company name and logo. This is a great way to establish a presence in the forex brokerage business. For introducing brokers that want to target the international market, there are multiple foreign language versions of the trading platform available. White label customers are also provided with a detailed website or content, online reporting, and other important services to make it easier for their forex businesses to succeed.
Back Office Support
Extensive back office support will be provided to make it easier for IB's to concentrated their time and effort in finding customers and increasing their business. These services include: account statements, pip and dollar commission reporting, volume reporting, etc.
In addition to the the services described above, customized solutions can also be created to meet the specific needs of our Forex Introducing Brokers that operate via our white label program.
I am interested in the Forex White Label Solution. What do I do now?
It's really quite simple. Fill out our Forex IB form by clicking here and provide us with some basic information before moving to the next step.
If you want to discuss your potential Forex White Label Introducing Brokerage business with us by phone, please call us at 305-600-4651 begin_of_the_skype_highlighting 305-600-4651 end_of_the_skype_highlighting.
How introducing brokers get paid for managed account business
The diagram below shows how managed forex IB's get compensated for the managed account assets they raise.
When an IB convinces a customer to open a managed account, the customer first opens a regular forex account and the money manager is given limited power of attorney to trade the customer's account via a specialized money management and accounting software from the forex brokerage firm.
As a result, the managed IB's compensation consists of a percentage of the monthly profits obtained by the forex manager and a rebate or commission from the transactions that are generated in the client's account by the money manager.
If you or your company have access to wealthy investors, raising funds for a money manager as an IB can provide you with a substantial amount of cash flow.*
Whether your business is insurance, brokerage, or real estate - whether you run an investment advisory firm or have access to wealthy individuals, you can benefit immensely by offering forex managed accounts to your customers. Right now, many investors are looking for alternative investments that can offer attractive returns, and are not tied to stocks or real estate.
We can also help you open accounts in two special ways...
How can we help IB's increase their managed account closing rate?
We have two unique ways to help our introducing brokers increase the amount of forex managed account business they do.- Live Online Broadcasts with Professional Traders
Your clients can listen to a professional money manager talk about the global markets and managed accounts via our online meetings. Clients who attend will feel a lot more at ease about the entire managed account program. It is almost like meeting the manager face to face; something that is unique to our program and truly an impressive experience for investors. As a result, IB's will be able to increase their managed account closing rate and the size of the accounts opened.
- One-on-one Conference Calls or Meetings with the Manager
If one of your clients is considering a sizable initial investment in a managed account, we can schedule a phone conference with your client and the manager no matter where in the world your client is located. If your client can travel to South Florida, we can schedule a personal meeting with your client and the manager in our corporate office. This will make it easier for you as an introducing broker to raise managed account assets.
Forex White Label Program
Establish your brand in the Forex Brokerage industry.Our Forex White Label program is for individuals and institutions that want to establish a brand name and a presence in the forex industry. As a white label partner, you will be provided with a platform (MT4) with your brand or logo as well as content for your introducing broker website. You will also enjoy our award-winning technology, no dealing desk, full service back office support, and other administrative and support functions.
Ideal candidates for the forex white label program include:
- Financial services firms that want to move their forex trading operation online quickly and cost effectively or establish a new forex brokerage division; for example, banks, insurance companies, stock or futures brokerage firms, etc.
- Trading firms and/or online brokers that want to offer a greater range of products to their customers. By expanding into the fastest growing financial market around (foreign exchange), you will be providing your clients with a great value-added service while increasing the profitability of your firm.
- Companies offering forex tools and advisory services - This can be websites or newsletters that provide an analysis of the forex or futures market, advisory businesses, etc. that want to expand their web presence by offering online forex trading capabilities to their existing client base.
Forex White Label Introducing Brokers will enjoy the most advanced forex trading software in the market: MetaTrader 4 (MT4). The web-based white label trading platform provides real time, streaming currency prices and lightning-fast STP (straight through processing) execution with no dealing desk, real time management of currency positions, robust risk management capabilities in addition to complete back office support and reporting features. Furthermore, the white label platform has an advanced charting package built directly into the software, along with other tools to help traders make trading decisions. Best of all, the forex trading white label platform for our IB's is very easy to use and offers ultimate flexibility in a familiar, Windows-based environment. This means that your customers can trade currencies from any computer, anywhere in the world, around the clock.
Why should you take advantage of our Forex White Label Trading Program?
- No Up front cost - While most firms require a payment of $100,000 up front or millions of dollars in accounts to get started, our white label solution is free.
- Take advantage of powerful, easy-to-use forex trading technology and 24-hour and Straight Through Processing (STP) at no risk to you.
- Get started quickly! Become an introducing broker in a short period of time.
- Establish a revenue stream with little or no up front cost.
- Flexibility. You can customize your own fee structure and dealing spreads for your Forex IB business.
- Online access to customer reporting.
- Take advantage of automation technology to run existing automated trading systems or forex robots.
- Receive all software upgrades and updates at no extra cost.
Numerous forex white label projects have been completed throughout the world, and we work closely with individuals and organizations globally through every stage of their Forex IB business (planning, launch, and beyond) to ensure a mutually successful, long-term relationship among our companies.
Available White Label Services
White BrandingFor qualified firms or individuals, we can provide a powerful, industry standard forex trading platform (MetaTrader 4) branded with your company name and logo. This is a great way to establish a presence in the forex brokerage business. For introducing brokers that want to target the international market, there are multiple foreign language versions of the trading platform available. White label customers are also provided with a detailed website or content, online reporting, and other important services to make it easier for their forex businesses to succeed.
Back Office Support
Extensive back office support will be provided to make it easier for IB's to concentrated their time and effort in finding customers and increasing their business. These services include: account statements, pip and dollar commission reporting, volume reporting, etc.
In addition to the the services described above, customized solutions can also be created to meet the specific needs of our Forex Introducing Brokers that operate via our white label program.
I am interested in the Forex White Label Solution. What do I do now?
It's really quite simple. Fill out our Forex IB form by clicking here and provide us with some basic information before moving to the next step.
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