becoming an Introducing Broker

Discussion in 'Professional Trading' started by mattyg1884, May 2, 2006.

  1. Hi,

    I am a forex trader who is interested in becoming an Introducing Broker for no reason other than to collect rebates from my own trading.

    Has anybody tried this?
  2. Steve_IB

    Steve_IB Interactive Brokers

    Whats the point? You only get rebates if they are widening the spread to accommodate the rebate. Why don't you just use an FX broker that offers tight spreads?
  3. well, the forex brokers i'm dealing with don't widen the spreads. they just give the introducing broker a small cut of the existing spread.
  4. katesdp


    Have you gotten any bites?
  5. fxmoney, thank you for your reply. i sent you a PM. hope to hear from you soon.