Introducing Broker Business Model & How to Be Competitive

One of the fastest growing incomes streams for entrepreneurial people in the Forex industry is the Introducing Broker business model.

In a nutshell, an introducing broker will partner with a reputable online broker and refer people to them.

By introducing friends and family, business associates and colleagues, the IB earns a commission when their clients become active and start trading.

The best introducing broker trading platform

MetaTrader 4 and MetaTrader 5 have been an industry standard for years. MetaQuotes has the trading platforms and apps that are well supported by the individual brokers as well as the industry as a whole.

Aligning with a company who offers both of these leading trading platforms with a large number of financial instruments will help you maximise your earning potential.

How much can you earn from the introducing broker business model?

You may be thinking that referring a couple of your friends would be a nice way to generate a side-hustle income.

But brokers aren’t looking to partner with someone to do this part-time as a side income.

The opportunities are much greater when you have a strategic plan, a client base to sell into, established trading volume and trading accounts to bring across.

For those who understand how to market their services and build the credibility with a niche target market, success is not far away.

The best way to gain clients as an Introducing Broker (IB)

One of the best ways to gain a steady stream of clients is to run a dedicated marketing campaign. Having said that, this can be expensive and is not the recommended way to get started.

Think more in terms of the value you can add to a niche group of people.

For example, you might be a recommendation service, a money manager or you have the ability to create Expert Advisors (EAs). All of these allow you to attract clients who trust what you have to offer and are willing to reward you by opening a trading account with your preferred broker.

Social media and networking events

Are you an influencer on Twitter, Instagram, YouTube or Facebook?

If you are an influencer on the social media platforms in 2021, then you have the potential to earn a solid income in the introducing brokers business model.

Certain countries right now are seeing incredible success at bringing on clients such as the Middle East, Vietnam, Malaysia, India, Pakistan, Indonesia, South Africa, Australia, Denmark and Thailand to name a few.

Instruments you should offer your client base

It is important to align with a licensed broker who has a wide range of financial instruments for your clients to trade.

Having the ability to offer a multi-asset offering is critical.

Our highest earning introducing broker partners can offer cryptocurrencies, futures trading via CFDs, commodities trading, foreign exchange, indices, Gold, share CFDs, ETFs and more.

We offer a range of liquidity providers to ensure the forex liquidity your clients receive is top tier.

And when you are ready to step up to the next level, our white label solutions and marketing strategy is ready to go.

How can ACY Partners help you?

At ACY Partners, we have been specialising in helping everyday people earn additional income as an Introducing broker.

No matter if you are currently new, an established money manager, an influencer or you run a successful trading education company, our team can highlight the best path for you to follow.

We’ll start by getting clear on your objectives and show you the seamless turnkey solutions we have to turn your clients into a steady stream of income.

Get in touch with our Introducing Brokers specialist consultants today and let’s see how we can drive your business forward.