An introducing broker, or IB, is a company or individual that introduces its clients to a forex or CFD broker.
They provide their clients with trading education and support, as well as access to the financial markets.
Bringing in new clients to trade with a broker may sound similar to affiliates but IBs provide further services and consultation to build a long-term relationship and ensure the client’s needs are met.
In this article, we will explain what an introducing broker (IB) is, what they do, and how to become one. We will also explore the differences between affiliates and introducing brokers further, and look at some tips for new IBs entering the market.