Introducing Brokers, or IBs in short, are independent broker-dealers acting as agents whose task is to introduce new traders to a brokerage firm such as CH Markets.
Introducing Brokers earn commissions calculated from the traded volume of the traders they introduced to the brokerage firm.
It’s in the best interests of the Introducing Brokers for their clients’ trades to be profitable because the more they trade the more revenue is generated for the IB.
& Market Rebates
To make their offerings more alluring, IBs often give market rebates to their clients usually by sharing a percentage of their generated revenue with them.
Market rebates are perhaps the main reason why some traders prefer to trade with a brokerage firm through an Introducing Broker.
Some IBs enrich their offering even further, by giving out valuable gifts such as premium grade Expert Advisors, advanced technical indicators and comprehensive educational resources and materials including e-books, video tutorials, trading workshops or webinars and even daily market analysis performed and written by expert financial analysts.