IB is a widely used system in the world, such as developed markets such as the United States and Britain. Many IB customers and transactions are far larger than those directly developed by futures commission agents. At present, Shanghai and Shenzhen 300 index futures are about to try to introduce IB system. Securities companies or other institutions can apply for IB business if they meet the requirements of the CSRC for IB business qualification. Anyone or institution engaging in IB business must first obtain the approval of China Securities Regulatory Commission or Exchange.
According to the regulations, securities companies and other institutions with IB qualifications can introduce investors to futures companies, provide investors with futures knowledge training, prompt investors with risk statements, assist futures companies to sign futures brokerage contracts with investors, provide convenience for investors to carry out futures trading, and assist futures companies to send additional margin notices to investors. The futures company pays a certain fee to IB, but IB may not accept the trading margin of investors.
At present, there is another kind of intermediary in China's futures market-intermediary organization, which refers to the person who reports the opportunity to conclude a contract to the client or provides media services for concluding a contract.
According to Article 10 of the Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Futures Disputes, if a citizen or legal person is entrusted by a futures company or a customer to provide intermediary services as an intermediary and enter into a futures brokerage contract, the futures company or the customer shall pay remuneration to the intermediary as agreed. The intermediary shall independently bear the civil liability arising from the intermediary brokerage relationship. The business scope of intermediary and IB is the same, but IB is different from intermediary, with wider business scope and greater responsibility than intermediary.
IB is the abbreviation of English introduction broker, which simply means agent. Because the well-known brand platforms are basically foreign, and the most famous ones are supervised by the FSA in Britain, customers with poor English need some services, which leads to the role of agents. Personally, I suggest that you do foreign exchange, and it is best to choose a well-known platform for trading. Because safety is the most important thing. If you are an agent, you'd better choose some relatively large platforms, even if it's a relatively large platform like FXCM Global Jinhui, you'd better do your own gold test. Under the simulated operation.
The so-called IB agent is the intermediary. If you open an account through IB, the dealer will pay IB a commission every time you trade, and this commission is of course from the sheep or from you, so now some IB are willing to return part of the commission they get to their customers, which is called IB rebate, so it is also good to choose a reputable IB who is willing to rebate, which can reduce their transaction costs.
IB is the abbreviation of English introduction broker, which simply means agent. Because the well-known brand platforms are basically foreign, and the most famous ones are supervised by the FSA in Britain, customers with poor English need some services, which leads to the role of agents. Personally, I suggest that you do foreign exchange, and it is best to choose a well-known platform for trading. Because safety is the most important thing. If you are an agent, you'd better choose some relatively large platforms, even if it's a relatively large platform like FXCM Global Jinhui, you'd better do your own gold test. Under the simulated operation.