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Our ferrous contracts are tradable on LMEselect and via the inter-office market out to 15 months. Transform your trading with complimentary access to AI News Sentiment Indicators, Real-time Trading Signals and In-depth Video Commentary. That’s why we go above and beyond to provide security and peace of mind. Experience our FOREX.com trading platform for 90 days, risk-free. Stay informed with real-time market insights, actionable trade ideas and professional guidance. Take control of your trading with powerful trading platforms and resources designed to give you an edge.

70% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. An FCM or IB-C may be required to demonstrate that it has relied on an exception in paragraph of this section, and must maintain records of its determinations to do so for the period specified in paragraph of this section. To the extent that a Form 8-R, 8-T, U-5, or any other similar form concerning the transaction is filed consistent with CFTC, registered futures association, or registered entity rules, a copy of that form will be a sufficient record for the purposes of this paragraph . Exception for persons applying for a taxpayer identification number.

Introducing broker means any person registered or required to be registered as an introducing broker with the CFTC under the Commodity Exchange Act (7 U.S.C. 1 et seq.), except persons who register pursuant to Section 4f of the Commodity Exchange Act (7 U.S.C. 6f). Due diligence programs for correspondent accounts for foreign financial institutions. An IIB is self-guaranteed and must maintain its own minimum capital as well as compliance. Client accounts with GIBs are backed by the capitalization of the IIB, not the FCM. The National Futures Association maintains strict financial and compliance requirements for non-guaranteed firms. Our goal is simple – to create partnerships that last for years to come.

Nothing in this site should be read or construed as constituting advice on the part of Tickmill or any of its affiliates, directors, officers or employees. Enter the Introducing Broker section in your Client Area and confirm you want to become an IB. Your IB room will open, and you will find everything you need under the “Referral Materials” section, including referral link, code and marketing material.

Physical market benefits

An IB is essentially a business partnership with an FCM, each handling their own specific responsibilities. The FCM maintains execution and back office operations while the IB’s maintain the customer relationships by soliciting and/or accepting commodity futures orders from customers. A Professional IB has the advantage of applying spread and commission mark-ups to earn additional revenue from their clients’ trading activity.

Choose from standard, commissions, or DMA to get the right pricing model to fit your trading style and strategy. One of our customer support agents will reply to you as soon as possible. Your earnings can grow exponentially, when new IBs register under you and more new IBs register under them.

Trading

Futures commission merchants and introducing brokers in commodities are subject to the recordkeeping requirements set forth and cross referenced in this subpart. Futures commission merchants and introducing brokers in commodities should also refer to subpart D of part 1010 of this chapter for recordkeeping requirements contained in that subpart which apply to futures commission merchants and introducing brokers in commodities. Futures commission merchants and introducing brokers in commodities are subject to the reporting requirements set forth and cross referenced in this subpart. Futures commission merchants and introducing brokers in commodities should also refer to subpart C of part 1010 of this chapter for reporting requirements contained in that subpart which apply to futures commission merchants and introducing brokers in commodities. Special information sharing procedures to deter money laundering and terrorist activity for futures commission merchants and introducing brokers in commodities.

You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. 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 introducing broker into the Axi Select program which identifies highly talented traders and assists them with professional development. Milan uses his extensive knowledge of financial markets to provide unique insights, commentary and market analysis. An example of this is a comparison website that lists various brokers on its site.

Foreign Introducing Brokers

You may feel that just having a few clients short of your target is fine for the time being. However, when you are cutting your teeth as an IB, it is essential to build your reputation. It may be tempting to start by focusing on just a few premium clients, but that may be more appropriate for an IB who has already built a reputation. This means getting the word out there and promoting your IB business aggressively early on. Now that you have five steps for success as an https://xcritical.com/, there are a few parting points to keep in mind.

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Dedicated Partner Support

Optimus has partnered with Multiple Data Providers to deliver streaming real time quotes and historical market data direct from the exchanges, giving a true tick-by-tick view of the market. Our integrated platforms gives traders fast, accurate data and seamless operation between analysis and trading execution. We can help you develop your business by guiding you through the initial setup and maintaining the day-to-day activities for your customers. You and your customers will get access to 24/7 trade-desk support and large back office staff dedicated to swift and accurate service.

• Become a Foreign Introducing Broker to Optimus Futures and build a stream of income from NON-USA trading customers by supplying them with the best customer service, advanced technology and fast onboarding backed by complete transparency in execution and reporting.
• As an IB you can work from anywhere, even promoting your services through a website.
• To meet the challenge of today’s trading industry, we have invested considerably into planning, development, infrastructure partnerships, and service to provide a fast, reliable and secure execution and clearing operation.
• In contrast, a clearing broker or executing broker executes the trade themselves.
• The offers that appear in this table are from partnerships from which Investopedia receives compensation.
• Every call is answered by a person who is ready to help – no voice mails or automated messages.

If the world of investing fascinates you, and if you want to make money without executing direct trades, you may find success as an introducing broker . Like an affiliate marketer, an introducing broker partners with an actual brokerage, but its role is distinct from an affiliate. They offer more services and can also make higher commissions. FCMs supplytrading platformson 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.

We give you the material to build strong IB businesses and that includes generous payouts, top-notch services, and the latest technology. We understand your unique needs and give you support that best fits your business. We offer access to a wide range of markets which can be traded on any of our accounts. Your customers can take advantage of our unique “neutral” position in the futures trading ecosystem by utilizing our strategic partnerships with industry leading platforms, datafeeds and FCM’s for the most cost-effective solution customized to their unique trading needs. Foreign Introducing Finders who refer clients to a CTA can also benefit from our FIF program. FIF’s with managed account clients can enhance their monthly compensation by earning a round-turn commission.

PART 1026 – RULES FOR FUTURES COMMISSION MERCHANTS AND INTRODUCING BROKERS IN COMMODITIES

The markets are moving faster than ever, and mobile trading will help clients stay ahead of the game. Also, the best brokerages have marketing assistance to affiliates and IBs with banners, landing pages, and embeddable materials for websites. The introducing broker traditionally refers new traders to their preferred broker and will earn commissions from this activity. The commission is paid by the broker from the commission/spread they earn from each trade.

Latest News & Market Commentary

Each AP must ensure proficiency requirements— sole proprietor, swap, and forex AP. The broker needs to fill out an annual questionnaire online. The broker must complete the online NFA membership application.

When opening an account for a foreign business or enterprise that does not have an identification number, the futures commission merchant or introducing broker must request alternative government-issued documentation certifying the existence of the business or enterprise. When an account is introduced to a futures commission merchant by an introducing broker, the person or individual opening the account shall be deemed to be a customer of both the futures commission merchant and the introducing broker for the purposes of this section. Automated trading systems are computer programs designed by expert developers to follow a given market algorithm, providing the discipline and patience required for a more objective and reliable approach to trading. Trading systems can help your customers meet their investment objectives since all of the decisions are based on formulas developed by experienced traders. Choose from hundreds of systems available through our brokerage that fit your customer’s risk and return preferences and have the trades placed automatically in their Optimus account.

The LME Rulebook sets out the rules and regulations of the London Metal Exchange. Our contracts allow all those along the metal supply chain, as well as investment communities, to hedge against or take on price risk. Our cash-settled contracts are tradable out to 15 months on LMEselect or the inter-office market.

Rather than rest on your laurels, ask your most satisfied customers to refer their friends and families to you. They may do this gladly, but also provide some incentives. The more clients you bring in, the more the brokerage will value your role as an IB, which will build on your mutual profitable partnership.

Subpart C – Reports Required To Be Made by Futures Commission Merchants and Introducing Brokers in Commodities

Most IBs can earn a steady income by introducing a handful of clients every month to BlackBull Markets. The cooperation with Purple Trading is not only about numbers, percentages, or charts. The fact is, one of our advantages is that we offer a human approach and understand the needs of others, be it our business partners or clients. Your clients can look forward to a friendly attitude of our colleagues from the customer support team. You will also receive an assigned account manager to ensure the smooth development of our cooperation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.76.60 % of retail investors lose their capital when trading CFDs with this provider.