Difference between FXCM, FXMAX, and Forexpro brokers

Broker review
J
John S.
02 Jul 2018, 15:20 431 Views
What is the difference between FXCM Markets, IB FXMAX, and IB Forex Broker Pro?

1 Answer

R
rachmat 03 Jul 2018, 08:14

To John S,

FXMAX and Forex broker Pro are IBs of FXCM. IB ( Introducing Broker) itself is a partnership program opened by forex brokers to provide opportunities for parties interested in doing online business as partners of the broker.

The main task is to introduce the broker's services to prospective clients and direct them to register accounts with the broker. In return, the IB will receive a commission per trade from the forex broker. Thus, the more clients are invited to join and trade with the forex broker, the greater the IB's income.

Thank you.

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