IB Program
Introducing Broker (IB) Program
An Introducing Broker (IB) in the forex market acts as a mediator or intermediary between retail traders and brokerage firms. IBs maintain direct personal relationships with their clients. IBs provide various services, including market analysis, trading advice, and educational resources to help traders make informed decisions. In return for referring clients to a primary broker, the IB receives compensation, which can be in the form of a commission based on the trading volume generated by the clients they've introduced or a fixed fee for each new client.
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