Introducing Broker: Top 10 reasons why you should become an IB

Introducing Broker: Top 10 reasons why you should become an IB

1. As an Introducing Broker (IB), you can give your clients the freedom that comes from actively trading online on a state-of-the-art Forex trading platform like MetaTrader4.

2. Introducing Brokers get paid a commission based on the trading volume of their clients.

3. An Introducing Broker is different than a trader or account manager. As an IB, you are a relationship manager'. All you need to be successful is to know a few people who want to trade, and have a relationship with one or more Forex brokers.

4. Trading Forex doesn't require a PhD in investing, so the majority of people out there are potential clients. Anyone can learn how to trade Forex with practice, and brokers such as Tradeview Forex provide free practice accounts to learn on.

5. Increase your money-making capacity, and that of your clients. The more successful you are, the greater name you will make for yourself, and the more likely people are to approach you for your services.

6. By managing a client relationship directly, the greater chance an Introducing Broker will be successful. Many Forex brokers customer service departments do not have the in-depth expertise or understanding of your clients' needs the way an Introducing Broker does. Clients are likely to appreciated their personal touch', and they are thus more likely to recommend you to their friends.

7. Your clients can trade Forex pretty-much whenever they want. The Forex market is one of the most fluid and most actively traded markets in existence. There are trading opportunities 24 hours a day, starting on Sunday evening at 18:00 EST, until Friday evening 18:00 EST. Your clients are their own bosses they decide when they want to trade and when they want to take time off.

8. Clients of an Introducing Broker get free customer services from the Forex broker. Respectable brokers such as Tradeview Forex provide back-office trader support to all traders.

9. Clients of an Introducing Broker can lower the their investment risk by spreading risk around by investing in a number of financial products, such as Metals and CFD's.

10. An Introducing Broker can receive daily reports on the commissions generated for them by their clients. This enables the IB to monitor their financial growth 24 hours a day.

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