Depending on the broker an introducing

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An introducing broker IB refers new clients to the brokerage firm broker can work in any financial market including stocks forex futures metals or commodities Just like any other type of broker introducing brokers earn their revenue based on the commission charged to their clients A common question most people ask is why do clients trade through a broker instead of directly with a broker The answer is simple additional services and support are provided through the introducing broker For example introducing brokers train their clients and keep in touch with them so that a


personal and trustworthy relationship is built In general an introducing broker can offer additional services compared to a broker even if the commission is higher in their Australia WhatsApp Number case Rules For Making Money As An Introducing Broker In order to make money for introducing brokers they must have clients without whom there is no money Secondly you will need to get clients who make the highest commission so you will need to identify clients who can do this There are some IBs who choose the big whales while others target the small traders Also there are some introducing





brokers who aim to attract more and more clients and earn a little from each of them while others go to those who bring big commissions The type of client you are looking for does not matter much as long as you know how to deal with both types The important thing is the commission you get for the time and effort you put into this as an IB For example you can be a broker and make up to a day from just one client or you can make a day from different clients with the same total How To Succeed As An Introducing Broker As an introducing broker you are not trying to scam people but rather acting as an advisor with the only difference being that your goal is to make money from the.