How can i become an Introducing Broker?

Your benefits

• Provide your customers and contact with access to the freedom that comes from actively trading their own funds through secure forex trading platforms.
• Increase the number of investment and money-making opportunities you offer your clients and network, which in turn improves the scope and reputation of your own business and can lead to greater client retention levels.
  
• You are paid a commission based on the trading volume of the clients you refer. For your clients, this doesn't mean that they pay more. You are compensated exclusively by the forex broker.
  
• You can receive daily reports on the commissions you generate through the clients you refer to your forex broker. This enables you to monitor the growth of you new business online, 24 hours a day.
  
• You can take advantage of the explosive growth in the demand for alternative investments by offering your high-net worth clients a managed forex account. By introducing clients to a managed forex account, you gain because their investments are being managed by professionals and this increases your reputation as a quality financial services provider.
  
• It's easy to get started as an Introducing Broker. In fact, if you simply decide you want to introduce clients for a commission based on their trade volume (which is the most popular type of Introducing Broker agreement), then all you need is a relationship with a couple of forex brokers.
  
• You can leverage the potential in your existing customer base or commercial relationships by constantly improving the level and depth of financial services you provide.
  
• Your clients often gain better service from you (if you choose to manage your relationship with them directly. The reason for this is that most forex brokers are international and that means that they may not have the in-depth expertise or understanding of your clients specific needs as you do. This improves your service offering and assists in building client loyalty.
  
• A few forex brokers even provide Introducing Brokers with their own Euro based bank account where all commissions are paid.