Unfortunately, most of Forex traders never heard about what is an Introducing broker. That’s why we decided to present you in this article all the benefits you can get by opening your account with an “IB”, instead of using a direct Forex broker’s online form.
First of All, these kinds of companies are most of the time only Broker’s approved teams but you have to verify what kind of benefits you will get by signing a free membership through their services.
Actually there are some people that are only affiliates, using a special link to drive you into the dedicated page on the broker’s website, okay, this may be useful and profitable too, but for them only, of course!
They stand as only customer providers, the one and only profit you get is to find more easily a broker on the Google, yahoo and similar search engines…
Let’s now enter in the real Introducing Broker family by explaining you why you must search and find an “IB” that will drive you to profitable Forex Trading.
In Fact, the most important benefit you will get is, of course, an additional income added to your trading account at your broker. But this is just one part of the Iceberg you will be happy to find.
Let’s list the 10 benefits below:
1) You will get Bonus, Rebates, Cash back, and many other special offers that you can’t find on the broker’s website you are interested in.
2) Teams in the most famous ones will assist you in the opening procedure, by being in a constant relation with a dedicated account manager at the Broker.
3) They can provide you great quantities in links, advices and addresses to understand what is automated trading, Forex expert Advisors (automated Trading Software), to allow you to maximize your profits and avoid technical issues.
4) They perfectly know everything about the broker they are working with, in order to prevent you from making mistakes in your trading acts everyday.
5) They stand as a real precious link between you and the Broker in case of problem with your account, financial or technical issues and so on…This is the most important benefit from using an IB…
6) An IB is constantly monitoring your activity, to be able to warn you from making mistakes ( too many risks in your strategies etc…) but All your financial in formations can’t be given to the IB by the Broker without your agreement ( to calculate your bonus, cash back, etc..).
7) When you decide to sign with an IB, you can verify his integrity by asking the broker regarding their official activity and the licence they use to deal with the broker’s products.
8) An IB will also give you all information you need about the broker’s reliability but also a proof of regulation in order to allow you to comply with financial laws.
9) An IB has only one goal: to make you win more money because it also allow them to win money, but as a service provider, you can ask them any question that you don’t want to ask the broker for any reason.
10) Finally, some Introducing brokers also provide you Newsletter and free Membership to keep you constantly in touch with special offers, bonus and additional affiliate links about products that can help you to improve your results in trading.
So, as a conclusion, you should now think twice before choosing a Forex Broker, the game worth it, not only to give you a chance to become rich, but even if you are a newbie or an addicted Forex trader, you should use an Introducing Broker to minimize risks in Trading, this is the most important thing in every Financial games…