An Introducing Broker (IB) is an intermediary in the financial industry, referring prospective clients to larger broker-dealers or financial institutions and facilitating the account opening process.
Introducing brokers earn commissions or fees based on the trading volume of their clients and provide services such as market analysis and trading recommendations.
Become an IB with UTrada is simple and straightforward:
Commissions are calculated based on the trading volume of your clients. The more they trade, the higher your earnings will be.
Commissions are paid out on daily basis, depending on the terms of the agreement, and you will receive them directly in your account through secure payment methods.
Yes, UTrada provides advanced reporting tools within your IB dashboard. You can view client trading activity and your commissions in real-time.
No, you only start earning once you successfully refer clients who begin trading.