An OFFICIAL REPRENSENTATIVE OF [MIB] | MASTER INTRODUCING BROKER |
Master Introducing Brokers (IB) allows organizations and individuals around the world to be remunerated for introducing new clients to us. We offer a total solution, from provision of the trading platforms to execution and settlement of transactions. An account manager is appointed to each IB to help them develop their business and to ensure we provide the highest levels of service. We take care of all the administration allowing you our IB to focus on the client. SuperForex IB Benefits
An Master Introducing Broker (IB) is an industry term for a commodity broker or futures broker. IB is a brokerage firm that manages the clients.
The trade execution and back-office work are the duty of a Futures Commission Merchant (FCM) of SuperForex (SF) . Another term for an FCM of SuperForex (SF) is a clearing firm.
Each IB has a relationship with an MIB. The MIB has a direct connection with the futures exchanges to execute trades. SF supply trading platforms on which clients have the ability to place trades online.
SF are responsible for account management. One of the most important features of an FCM is that they deposit all customer funds in customer segregated accounts.
Work Environment
IBs operated out of smaller offices located all over the country. Many IBs are one-person operations, while others are larger and multi-location businesses.
IBs are better able to service their clients as they are local. Their primary goal is customer service. An FCM focuses on executing trades and the maintenance of trading infrastructure. Outsourcing the prospecting and servicing of clients to the IBs creates economies of scale for FCMs and the futures industry.
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