Introducing Broker Types and Benefits of Working with IBs

Each May and November, R.J. O’Brien hosts a three-day seminar in Chicago to introduce new participants to the futures industry and the brokerage business. The program provides an interactive approach that introduces attendees to the basics of working as an Introducing Broker through trading simulations, trading floor tours, and explanation of back-of-house operations. We encourage and assist those who successfully complete the program to look for opportunities to work with an RJO Introducing Broker. The risk of loss in online trading of stocks, options, futures, forex, foreign equities, and fixed income can be substantial. Before trading, clients must read the relevant risk disclosure statements on IBKR’s Warnings and Disclosures page. This course will review the Broker Portal, which is our free and powerful client relationship management (CRM) platform for Introducing Brokers (IBs).

Before making any investment or trade, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. Interactive Brokers offers a solution for Introducing Brokers (IBs) to use their own banners for white branding purposes. White branding allows IBs to display their own logos and company information on our Registration system, Client Portal, Reports, Trader Workstation and other materials.

Introducing broker vs affiliates

More than 300 independent and guaranteed Introducing Brokers benefit from the superior technology, intelligent market insights, transparent middle-office tools, and personal service they find at R.J. Visit the following pages to understand an introducing broker’s (IB) regulatory obligations. Any information posted by employees of IBKR or an affiliated company is based upon information that is believed to be reliable. However, neither IBKR nor its affiliates warrant its completeness, accuracy or adequacy. IBKR does not make any representations or warranties concerning the past or future performance of any financial instrument. By posting material on IBKR Campus, IBKR is not representing that any particular financial instrument or trading strategy is appropriate for you.

introducing brokers

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. The Investors’ Marketplace lets individual traders and investors, institutions and third-party service providers meet and do business together. Many IBs are one-person operations, while others are larger, multi-location businesses. IBs are better able to service their clients as they are local, and their primary goal is customer service.

Introducing Brokers (IBs)

Should you decide to open an account, you will be redirected to the account application for your region. You can also find the website of the IBKR entity for your region at the bottom of this page. Any information provided by third parties has been obtained from sources believed to be reliable and accurate; however, IBKR does not warrant its accuracy and assumes no responsibility for any errors or omissions. https://www.xcritical.com/ (IBs) on the Interactive Brokers platform can markdown or markup interest rates and borrow fee rates. This lesson reviews the ability for IBs to configure these markups/markdowns at Interactive Brokers. The Broker Portal allows Introducing Brokers (IBs) to add, sort, edit, and export contact information of existing and prospective clients.

  • Read more about the community’s response to global issues such as the COVID-19 pandemic and industry issues like the rise of the discount broker.
  • Any information posted by employees of IBKR or an affiliated company is based upon information that is believed to be reliable.
  • LIMASSOL, Cyprus, Oct. 18, 2023 /PRNewswire/ — JustMarkets, a globally recognized brokerage firm, has proudly launched its upgraded Introducing Broker (IB) program.
  • To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments.
  • Fully Disclosed Brokers provide their clients with customer service and marketing.
  • This course will review the Broker Portal, which is our free and powerful client relationship management (CRM) platform for Introducing Brokers (IBs).

The benefit is that the IB starts earning money from having made the referral from day one – there is no need to wait for the client to meet specific requirements. Rebates are generally paid out once per day, unlike CPA, where payments tend to occur once per month, for the previous month’s activity. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.

Introducing Broker Account Structure

Experienced IBs with valuable business can always contact the broker and enquire about a custom plan. Hence, introducing brokers should select a broker with a great reputation who is regulated in at least one reputable jurisdiction (such as FCA, ASIC or SVG). Invest globally in stocks, options, futures, currencies, bonds and funds from a
single unified platform.

introducing brokers

We understand what IBs need to support business success, no matter if your clients are speculators or hedgers. Both you and your clients will appreciate the comprehensive set of tools built specifically for futures traders. Fully Disclosed Brokers provide their clients with customer service and marketing. Broker clients can electronically trade or the broker may input trades for the client.

Broker Commission Markups

Fund your account in multiple currencies and trade assets denominated in multiple currencies. Introducing brokers play the same role in the futures markets as stock brokers do in the equities markets. Stock brokers are registered with the Securities and Exchange Commission (SEC) and are regulated by the Financial Industry Regulatory Authority (FINRA). Futures introducing brokers are registered with the Commodity Futures Trading Commission (CFTC) and regulated by the National Futures Association (NFA). We believe it is important to bring bright, young talent into our industry.

For example, an affiliate may earn $600 CPA when the client they’ve introduced has deposited at least $500 and traded 2 standard lots within a 60-day period. Affiliates and IBs share a common activity – they introduce clients to a specific broker and get remunerated for this. All fees, commission and interest owed to the broker are first sent to the broker’s Master account and then swept nightly to the Proprietary Account for Broker-Dealers. Use simplified workflows, logically grouped menus and user access rights to efficiently manage your relationships from any desktop or mobile device.

Industry Oversight

When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. For new introducing brokers that don’t have a client base or only a small one, they may need to start on that plan.

Fill out this form to learn more about the Axi introducing broker programme. 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. Introducing brokers – also called IBs for short – are individuals or companies who act as an agent between the broker and the client.

Broker Conference

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks. Client Account Templates help Introducing Brokers (IBs) 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. AxiTrader Limited is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.

Trading on margin is only for experienced investors with high risk tolerance. For additional information about rates on margin loans, please see Margin Loan Rates. Security futures involve a high degree of risk and are not suitable for all investors. Before trading security futures, read the Security Futures Risk Disclosure Statement. Structured products and fixed income products such as bonds are complex products that are more risky and are not suitable for all investors. Before trading, please read the Risk Warning and Disclosure Statement.

The main mission for both is to bring as many clients to the brokerage platform as possible. Basically, an introducing broker is an individual who operates on customers’ behalf while accepting or soliciting purchase or sell orders. Besides, it can be affiliated with Future Commission Merchant (FCM) or act independently. On a quarterly basis, we offer forex white label agreement a market outlook session that provides a macroeconomic overview of fundamental factors as well as technicals affecting market prices. On a monthly basis, all of our IBs are welcome to talk markets on a teleconference presentation and Q/A session with our Market Insights team. Check funds, positions, and margins on an individual or aggregated basis.

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