The so-called IB in the foreign exchange trading industry is called IntroducingBroker in English, and Chinese translation is to introduce brokers. It is equivalent to a broker of a foreign exchange dealer, helping to introduce customers to open accounts with the dealer, and then getting a certain commission from the dealer as a commission for sales.

Many industries have the role of introduction broker. They are the "catalysts" of active industries, and they are also indispensable hubs to connect industry companies with direct customers, and they are groups aiming at obtaining commissions or other returns.

The business expansion of foreign exchange brokers and the gradual increase of foreign exchange participants have further increased the demand for IB in the foreign exchange industry. IB is equivalent to the "intermediary" in the foreign exchange industry, and it is an indispensable bridge connecting companies and customers.

Extended data:

According to the market and the way IB develops customers, there are mainly the following common IB types:

1. Traditional IB

2. Commission rebate mode IB

This mode is the mainstream mode to develop customers in the market, that is, IB rebates customers, platform vendors rebate IB, resulting in intermediate service fees;

3. Intelligent system (EA) leads to intelligent building

In recent years, many investment institutions and companies have chosen automated trading systems, which can avoid humanized problems in many transactions and is very helpful for developing customers and avoiding risks. Many IB will choose this way to assist customers;

4. IB for knowledge and technical training

This model is to train investors in professional knowledge and provide technical guidance, with the aim of allowing investors to learn more knowledge mainly through training;

Baidu encyclopedia-broker introduction