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The word "IB" often appears in the foreign exchange market. What does "IB" mean?
Foreign exchange ib is also called foreign exchange broker, foreign exchange broker, foreign exchange agent, etc. Its main function is to connect customers and traders, and to extract profits from brokers.

It is particularly important to choose a trustworthy trader. A qualified dealer can not only guarantee your customers' funds, make the transaction safer, but also have a positive impact on the later period.

Foreign exchange ib platform providers must accept the supervision of FSA, NFA and CFTC (which can be inquired through the supervision ID number) and have no bad records in the filing.

Extended data:

The definition of IB by National Futures Association (NFA);

An introduction broker (IB) is a company or individual that accepts customer orders for futures trading, but does not hold customers' funds, securities or assets. IB must be registered with the United States Commodity Futures Trading Commission (CFTC), and its account must be directed to futures commission merchants (FCM) according to the principle of information disclosure.

Foreign exchange IB is an introduction broker, located between the trader and the trading platform, and is the channel provider of the platform. Intuitively speaking, it plays a sales role in the industry, and is responsible for expanding the dealer market and acquiring more customers for dealers. A broker who is equivalent to a foreign exchange dealer, helps introduce customers to open accounts with the dealer, and then gets a certain commission from the dealer as a commission for sales.

References:

Baidu encyclopedia-broker introduction