Introducing Forex Brokers
Introducing forex brokers are forex brokers who maintain client relationships with their clients, while the actual trade execution, floor operations, and back office are handled by another company.
This type of relationship and dividing of the trading and client-facing functions may in fact play in favor of your trading goals.
This is because, ideally, the introducing brokers strengths are their client management software and fast customer service, while their floor trading / trade execution partner's strengths are in the best possible trading performance for your account.
However, you should be very careful when choosing an introducing broker as the industry is very easy to enter (no trading, back office etc. staff necessary), but you should one want an introducing broker that has established reputation in the business.
Also, the fees when dealing with introductory brokers may vary greatly, as the introducing brokers relationship with the (typically bigger) trading firm is many times the determining factor on the fees you end up paying.
Available Introducing Forex Brokers
Many times, it is hard to recognize introducing brokers, as they operate much like traditional brokerages, and you may never know the difference.
However, as an introducing broker can be a forex advisor, forex mentor, an investment clubs, or a money managers, it may be obvious that you're dealing (initially) with an introductory broker and the actual trade execution is done elsewhere.
For one example of an introducing broker in the forex markets, see forexinternational.com.
For many introducing forex brokering may turn out to be a career choice, as there are plenty of opportunities around, especially as people are trading more and more online (and global client recruitment becomes easier).
To read more about the available introducing brokering possibilities, see, for example, forexib.com, which has specialized in forex market operations.
From Introducing Forex Brokers page to Forex Guide index
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