Understanding an Introducing Broker

Trading
This is a guest post by William

Many people think that an Introducing Broker is merely a middleman and that commissions and fees will, therefore, be higher than if they were working directly with the dealing firm. However, this isn’t true because, for one, due to the high volume of customers they provide, these brokers often receive a large discount on fees and commissions. Their profit comes from this difference as they charge the standard rates a regular, discount Forex broker offers. In fact, sometimes they offer better conditions.


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