Start Broker & IB

Start Broker solution?

Start Broker is a cheaper White Label version.

This solution is more for startups who don’t want to make a huge investment yet.

In this arrangement, you get the Start Broker license from a White label broker, and the Start Broker branding is separate from the technology provider (white label provider).

Note, the reason we’re looking at these choices is mainly the price of building your own independent brokerage. While licensing and incorporation has a big reason, the cost factor certainly takes the cake. Despite this, let’s figure out the best choice now.

Start Broker approach While this is the most cost-effective way to start your new forex venture.

The monthly fee or commission charged to the White Label service supplier and necessary technical personnel are not a worry to Start Broker

Nevertheless, similar to an introductory broker (IB), it provides certain extra benefits in terms of influence of client classes and partnerships, helping you to handle your consumers ‘ spreads and liquidity and their deposits and withdrawals.

IB solution

Introducing Broker (IB) is effectively a corporation or entity that partners with a primary broker with agreement to ask clients for the latter.

This commission-based relationship where, as the name suggests, the Introducing Broker (IB) simply introduces traders to the primary broker who in turn pays the IB either in the form of a flat fee per client or spread sharing for as long as the IB’s introduced clients keep trading with the primary broker.

Introducing Broker Requesting and setting up an IB is easy. Complete an IB application with the primary broker, get your unique Introduction broker ID, reference links, promotional materials, and you’re okay.

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