Benefits of Becoming an Introducing Broker (IB)

Discover The Benefits Of Becoming An Introducing Broker Whether You Are Based In Australia Or Gather Clients From Around The Globe. Learn How To Get Started As An IB Today.

Benefits of Becoming an Introducing Broker (IB)

In today’s post, we are going to discuss the benefits of becoming an introducing broker, and more importantly, how to work with a brokerage firm that can support your business.

The introducing broker business has been around for decades and has been evolving rapidly over the last few years as the financial market continues to expand with new financial instruments.

What is an Introducing Broker?

An Introducing Broker (IB) or Introducing Broker Agent in our industry means a broker who has direct relationships with clients whether retail or Business to Business (B2B). An IB is affiliated with ACY either as an independent or as a business.

An IB does not necessarily provide personal or general advice regarding trading and, most of the time operates as a middleman between ACY and the client. ACY handles the entire business model with everything from A to Z, from compliance, execution, and so on. But an IB receives a commission when they introduce their client base to ACY. That is what we call a REBATE.

Introducing Brokers or IBs outside of Australia does not require holding a license or being regulated by any financial authority. However, in Australia, IBs must be regulated by ASIC and hold an Australian Financial Services License (AFSL).

How do Introducing Brokers benefit from ACY?

The list is endless, but I will highlight the top benefits:

  1. ACY has one of the best forex affiliate programs that provide introducing broker agents with attractive introducing broker commissions where it can reach up to 60% of the commissions their clients are paying. It’s one of the highest rates in the industry.
  2. As a valued IB partner, you get exclusive access to an IB or affiliate portal within our ACY Cloud. The ACY Cloud portal provides full statistics and details. The commissions you earn from Forex trading and CFD trading are made available instantly, so you can withdraw your rebates daily if you wish to do so. Also, within the affiliate portal, we give you access to free marketing tools and materials.
  3. We offer dedicated services; you will get access to a senior Institutional Business Manager/consultant who can assist you 24 hours 5 days a week in your business expansion.
  4. Free to join: Whether you are an education company, an institutional trader, or a company that provides value-added services to your clients, we can customize solutions to meet your needs through a fully tailored Introducing Broker Program.

What do my clients get?

The list is endless, but to highlight the top benefits:

  1. Direct access to over 1,800 financial assets (Forex Exchange and CFDs) – including the Forex marketCommodity marketsIndicesCryptocurrenciesETFs and share CFDs.
  2. A diverse way to trade with two different platforms is available, including the MT4 and the MT5 trading platforms. You can choose leverage up to 500 to 1 and your clients can also open a demo account.
  3. Exceptional customer service, available 24/5 on calls, live chats, emails, and support tickets. Our team will also help you with business advice, using our extensive experience with our existing clients.
  4. They are trading with a PRIME broker in the FX markets, a global organization with head offices in Sydney, Australia, that’s been operating for over 11 years. We put an absolute premium on trade execution and depth of liquidity, so your clients get to leverage our extensive relationships with our Prime Brokers.

How to become an Introducing Broker?

The steps are simple:

  1. Open an ACY individual or Business account.
  2. Once your account is set up, you can log in to the client portal via ACY Cloud and submit your 2 minutes long affiliate application form.
  3. Once approved, you have full access to the affiliate portal, and you will have access to your unique affiliate URL link.

Get in touch with your team and let us assist you in becoming an IB to create a new source of income for yourself.

As an online broker, we cater to the full range of partnership opportunities including white-labelmoney managersfund managers, and regional managers.

05 Aug, 2022

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05 Aug, 2022

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