Revenue earned by FX introducing brokers

Discussion in 'Retail Brokers' started by ecow, Jun 10, 2005.

  1. ecow

    ecow

    Hi there,

    I am about to open an account with FXCM through one of their Introducing Brokers which has some interesting services to offer.
    Im a curious kind of gurl so I'd like to know how much money this fella is going to make on me.

    Now, as far as I've understood the introducers earn their money by sharing some of the spread with the market maker. They probably get 1/4-1/2 pip per a lot then clients trade a currency pair.

    Assuming they're set up with a pip-based compensation structure, what would the typical earnings be? Ok, there is like to answer to this question, I guess I am just looking for some comments on introducer's earning. Do they make a lot or what and how many clients do they have?

    cheers
    ecow
     
  2. Truff

    Truff

    Depending on the currency, it should be between .75 to 1.5 pips per lot