Any individual or company that has contacts with individuals or other companies who might be interested in trading forex online, either by themselves or through a forex broker can become a forex Introducing Broker.
Below are some typical examples of companies that can become successful forex introducing broker (IBs). This list is not exhaustive, so if you don’t see a description of your company type or your personal background, you can check out any forex broker online.
Independent Financial Advisers
Successful Forex Traders
Banks
Insurance companies
Advertising companies
Organisers of financial seminars
Estate agents
Sales Executives with interested* client base
Any business professional with interested* clients
*How do you know if your contacts are interested in the forex markets?
If your contacts are the kind of people who satisfy all or some of the following criteria, then the chances are that they might be interested in trading forex. And this means that you can earn commissions from introducing them to a forex broker:
Previous experience in trading online
Previous experience in investing
Have disposable income to trade
(usually above USD10,000)
Are interested in alternative forms of investment
Want to trade themselves
Want professionals to trade for them
There are few prospects that offer individual or commercial entrepreneurs more benefits than those provided by becoming an introducing broker in the online foreign exchange business. These benefits are driving more and more ambitious individuals and companies to offer their customers and contacts a direct route to trading currencies online and/or investing their money in professionally managed forex accounts.
Qualified businesses and individuals across the world take advantage of the rapid growth of the forex market via an introducing broker relationship. If you want to be one of them, read the section below on why you should become an Introducing Broker.
please see my other posting about Forex trading
Introducing Broker 