What do you generally think about IB programs?

Oct 20, 2023 at 04:09
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3 Replies
Member Since May 06, 2023   9 posts
Oct 20, 2023 at 04:09
did you ever try IB programs that are offered by some brokers? for those who dont know, Here's how it works:

You want to invest: You decide you want to invest your money in stocks, bonds, or other financial assets.

You contact an IB: Instead of going directly to a big financial company, you reach out to an IB.

The IB connects you: The IB helps you open an account with a larger brokerage or financial institution, which is where your investments will actually be held and managed.

They might provide advice: Some IBs offer advice and guidance on investments, while others simply facilitate the process.

They earn a commission: The IB gets a commission or fee for connecting you with the larger brokerage.

so as i see it should be very easy to earn as an IB but it is too good to believe. what am I missing?
Member Since Sep 30, 2023   18 posts
Dec 06, 2023 at 12:29
IB is a marketer , they get income by commission . Mostly marketer dont have time to focusing on trading . They just focusing on their referral member lots entry size
Thinkless
Member Since Apr 04, 2022   24 posts
Dec 25, 2023 at 00:03
Generally, they are estate agents in trading world, just do some dirty work for you and mostly help to find the best solution.
A falling leaf does not try to influence the wind, it enjoys flying.
Member Since Oct 18, 2021   93 posts
Dec 25, 2023 at 06:15
It all sounds pretty simple. But do all IBs really help you in trading? It seemed to me that such dudes did not understand trading. And how much commission do they need to receive from each trader in order to make good profit?
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