What Is an Introducing Broker?

What Is an Introducing Broker (IB)?

An Introducing Broker (IB) is an individual or company that refers new clients to a forex broker in exchange for commissions. Think of it as affiliate marketing specifically for the financial trading industry.

How It Works

You sign up as an IB with one or more forex brokers

You refer traders through your unique tracking link

When they deposit and trade, you earn commissions

Commissions are paid monthly (sometimes weekly)

Types of IB Commissions

Model	How It Works	Typical Range
CPA (Cost Per Acquisition)	One-time payment per First-Time Deposit (FTD)	$200–$1,500 per FTD
Revenue Share	Percentage of the spread/commission the broker earns	20%–60% ongoing
Rebate (Per Lot)	Fixed amount for every lot your referrals trade	$2–$35 per lot

Why Become an IB?

Recurring income — Revenue share and rebates pay you as long as your clients trade

No trading risk — You earn commissions regardless of whether your clients win or lose

Scalable — No inventory, no shipping, no customer support for trading issues

High payouts — Financial affiliate commissions are among the highest in any industry

IB vs. Regular Affiliate

While similar, IBs typically have a deeper relationship with the broker. IBs often get:

Higher commission rates

Dedicated account managers

Custom landing pages

Sub-IB programs (earn from other IBs you recruit)

Access to broker marketing materials

Key Takeaway

Being an IB is about building a bridge between traders and brokers. Your job is to find people interested in forex trading and connect them with a reliable broker — the broker handles everything else (platform, execution, support).

Understanding CPA, Rebate & Rev Share