This information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. It has been prepared without taking your objectives, financial situation, or needs into account. Any references to past performance and forecasts are not reliable indicators of future results. Axi makes no representation and assumes no liability regarding the accuracy and completeness of the content in this publication.
Outsourcing the prospecting and servicing of clients to the IBs creates economies of scale for FCMs and the futures industry. A partner’s level is defined by the trading volume generated by their referrals over a three-month span. Achieving the next level’s criteria means partners are automatically upgraded the very next day.
JustMarkets Unveils Upgraded Introducing Broker (IB) Program
An introducing broker (IB) is an individual or organization that solicits or accepts orders to buy or sell futures contracts, forex, commodity options, or swaps but does not accept money or other assets from customers to support these orders. IBs must carry all forex and futures accounts, including customer, proprietary and foreign futures, with a futures commission merchant (FCM) or retail foreign exchange dealer (RFED) on a fully disclosed basis. Initially, an introducing broker is an intermediary between a client who wants to sell different assets and the financial market. IBs can either act as recommendation providers or execute trades directly on the customers’ behalf. FCMs supply trading platforms on which clients have the ability to place trades online and are responsible for account management. However, the majority of FCMs would find it financially impossible to open offices around the country to serve their customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. For more information read the Characteristics and Risks of Standardized Options, also known as the options disclosure document (ODD). Alternatively, please contact IB Customer Service to receive a copy of the ODD. Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page.
Flexible Client Billing
Our statements and reports cover real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis, tax optimization and more. Our proprietary API and FIX CTCI solutions let institutions create their own automated, rules-based trading system that takes advantage of our high-speed order routing and broad market depth. 100+ order types – from limit orders to complex algorithmic trading – help you execute any trading strategy.
- Deutsche Börse Group responds to customer and general inquiries in a fast, efficient and comprehensive manner.
- They will receive a fixed fee for introducing a client, as soon as the client meets the requirements set by the broker.
- Place trades online in either of two proprietary platforms – RJO WebOE or RJO Mobile Trader – both of which are free to use.
- Affiliates are generally on a CPA (cost per acquisition) payment plan.
Introducing brokers help increase efficiency and lower the work load for futures commission merchants. The arrangement allows for specialization where the IB focuses on the client while the FCM focuses on trading floor operations. Today, it can also be a broker partner or affiliate as well as a signal provider (copy master) in the copy trading ecosystem.
Overnight Trading Hours
We’d like to share more about how we work and what drives our day-to-day business. To delve deeper into the myriad of offerings in the updated , kindly visit their forex white label agreement official website. Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
Furthermore, every month starts with JustMarkets diligently reviewing and adjusting partner tiers. R.J. O’Brien, the largest independent broker in the futures industry, has its roots in the agricultural markets. We were one of the founding members of the Chicago Mercantile Exchange in 1919, and are the only original clearing member that still exists. That achievement speaks to our inherently conservative nature and extreme focus on financial stability.
Client Account Templates for Brokers
This is where IBs excel since they typically operate out of smaller offices located all over the country. The Complete IB Handbook has guided the industry with exclusive insights for years. The handbook compiles survey data from National Futures Association (NFA) registered introducing brokers and provides an updated view of the IB community.
An application fee for principals and APs is not required if the individual is currently registered with the CFTC in any capacity or is listed as a principal of a current CFTC registrant. Only one application fee is required if the individual is filing an application as both an AP and principal. To delve deeper into the myriad of offerings in the updated IB program by JustMarkets, kindly visit their official website. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
What you will find in latest edition of the IB Handbook:
Further information on each exchange’s rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. Read more about the community’s response to global issues such as the COVID-19 pandemic and industry issues like the rise of the discount broker. We are redirecting you to the Interactive Brokers LLC (U.S.) Website.
When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses. LIMASSOL, Cyprus, Oct. 18, 2023 /PRNewswire/ — JustMarkets, a globally recognized brokerage firm, has proudly launched its upgraded Introducing Broker (IB) program. This program has been recently distinguished as the Best IB program 2023 by Money Expo and signifies JustMarkets’ unyielding commitment to innovation and beneficial partnerships.
Benefits of Working with an Introducing Broker
Introducing Brokers are able to charge a fee-per-trade unit for each asset class, markup (or markdown) interest rates, or manually invoice the client for services rendered. This lesson will serve as an introduction to configuring broker client fees. These are all questions the clients will want to know, and IBs should make sure they are sending them to a broker that provides quality services and support to its clients. First of all, new IBs need to have a strategy in place on how to attract clients. For example, if they want to educate new traders on how to become successful, they might have to structure an online course or webinar or even provide one-to-one training.
IBKR offers Introducing Brokers (IBs) multiple options for adding or migrating clients to our platform. This lesson will walk through initiating client applications through the Broker Portal. As well as being a trader, Milan writes daily analysis for the Axi community, using his extensive knowledge of financial markets to provide unique insights and commentary. Milan Cutkovic has over eight years of experience in trading and market analysis across forex, indices, commodities, and stocks. He was one of the first traders accepted into the Axi Select programme which identifies highly talented traders and assists them with professional development.
IB Member Notices
Spot market opportunities, analyze results, manage your account and make informed decisions with our free advanced trading tools. Set up enhanced user access and account security by creating one or more Security Officers for the master account and designate up to 250 users by function or account. R.J. O’Brien pioneered the concept of bringing together https://www.xcritical.com/ to share business ideas and get an updated perspective on the markets. Since 1996, we’ve sponsored a two-day conference for all of our IBs each year. We all learn a lot about the markets and each other, and we have a lot of fun while we’re together.