IB Forex Broker Firm | FIDO MARKETS

What Is an Introducing Broker?

An introducing broker (IB) is a forex broker; who has a direct connection with a customer but authorizes work of the floor operation and trade execution to another forex brokerage company. The Introducing Broker is associated with a forex brokerage firm. Either as an independent entity partnered with that firm or as a direct subsidiary! Introducing Brokers are excellently qualified to maintain their clients as they are local, and their main aim is client assistance.
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Understanding Introducing Broker (IB)

An Introducing Broker operates as a go-between, connecting a party looking for market access with a party-ready to take the opposite side of the deal. Introducing Brokers, on the whole, offer suggestions while outsourcing trade execution to someone who works on the trading floor.

The IB gets a commission based on their clients’ completed trading processes. IB partners get higher money as the number of clients and trading transactions increases. It seems that all you’re doing is advertising. There is only one significant distinction between advertising and IB collaboration. There is no set rate of commission. Your income continues to increase indefinitely. Earn as much profit as possible!
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Difference between IB and White Label:

Many people get confused between a white label broker and an IB broker. The main difference between the two models is the scope of their functions and the level of autonomy. An Introducing Broker acts as a channel between established broker and their traders, while White Labels have more independence and control over their clients.
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The eventual goal of both; introducing brokers and white label firms is to obtain new consumers who will trade on the broker platform. In both cases, the higher the trading volume, the greater the revenue and profit!

Disadvantages of an IB

Introducing Brokers get to know a substantial amount of information about those who sign up with them. This quality allows IBs to develop a relationship with their clients. But this is not an unsolvable issue. Many traders will refuse to have their personal information shared with a third party. It may seem like a tiny amount to pay in exchange for discounts or free access to premium resources.
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Best IB Broker for Forex Firm

Here comes the main question for individuals who think about the IB partnership program. Fancying well known, reputable broker company, which is dependable! Fido Markets is the one with all those qualities. With a whooping experience in the worldwide financial market. Fido Markets is the most dependable IB forex brokerage firm. Why? Because each one of our clients gets professional support and loyal service. They are receiving commendatory reviews from their clients. Fido holds leader positions at many different ratings. Reputation is the prime aspect in that field of business, while Fido Markets is the epitome of reputation! That, why you must become an IB partner with Fido Markets!

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