10 Best Forex Introducing Broker Programs (Top Offers)

An Introducing Broker (IB) Program is a partnership between a broker and an individual or entity (the IB) who refers clients to the broker. In return, the IB earns commissions based on the trading activity of the referred clients.

These programs are prevalent in Forex and CFD trading, offering various earning opportunities such as: Commission per lot traded, revenue share from spreads or swaps, markup on spreads, and earnings from sub-IB networks.

Each broker has its unique offerings, and selecting the right program can significantly impact your earnings and business growth. At WR Trading, we’ve done the research to determine the 10 best IB programs that are reputable, high-paying options where you’ll get the best commission – here’s the list! 

1. FP Markets

FP Markets offers an Introducing Broker (IB) program that allows partners to earn competitive commissions that are based on the trading volume of their referred clients. The program gives you access to advanced analytics tools (and a redesigned IB portal for maximum transparency)

FP Markets is a reputable broker, regulated in multiple jurisdictions, including Australia (ASIC), Cyprus (CySEC) +3 more regulators. Their commitment to transparency and competitive trading conditions has earned them much recognition in the industry－they are highly regarded by traders, and number one on our list.​

Feature	Details
Commission per lot	RAW Accounts up to $2.4 per Lot Standard Accounts up to 6 points per lot
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Forbidden countries	USA, Iran, and certain other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets
Markup spreads possible	No
Sub IB Program	Yes (multi-level commissions available) up to 5 levels

2. RoboForex

RoboForex provides an IB program that gives you as a partner the opportunity to earn commissions through a multi-tiered structure. The program is designed to accommodate various marketing strategies, and it provides comprehensive support to its partners.​

RoboForex is a well-established broker, regulated by the International Financial Services Commission (IFSC) in Belize.

Despite being offshore, they have garnered a significant client base due to their diverse product offerings and competitive conditions－they have a good reputation and show efforts to maintain it.​

Feature	Details
Commission per lot	Up to 85% of the brokers income & 30% of the swap
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), CopyFX, RStocksTrader
Forbidden countries	USA, Japan, Canada, as well as other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	IFSC (Belize)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets
Markup spreads possible	No
Sub IB Program	Yes (multi-level commissions available) down to 5 levels. Needs to be manually activated with support. Expert IB Program: Level 1: 35% Level 2: 20% Level 3: 15% Level 4: 12.5% Level 5: 10%

3. XM

XM’s IB program offers partners the chance to earn competitive commissions with flexible payment options. The program is designed to support various marketing strategies and provides effective and comprehensive tools to help partners succeed.​

XM is a globally recognized broker, regulated in multiple jurisdictions, including the UK (FCA), Australia (ASIC), and Cyprus (CySEC).

Their commitment to transparency and client support has also earned them numerous industry awards, and justifiably so.​

Feature	Details
Commission per lot	Up to $80 commission per 1 Lot (depending on account type & FX Pair)
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), Copy Trading Platform
Forbidden countries	USA, Canada, Japan, Europe, and certain other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	ASIC (Australia), CySEC (Cyprus), IFSC (Belize), FSC (Seychelles), FSC (Mauritius)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets
Markup spreads possible	No
Sub IB Program	Yes (multi-level commissions available), 1 level

4. Vantage Markets

Vantage Markets has another great IB program that provides partners with competitive commissions and a range of marketing tools to support their efforts.

This program has also been designed to accommodate various marketing strategies and it provides really good support that facilitates its partners’ success.​ Vantage Markets is a reputable broker, regulated in multiple jurisdictions, including Australia (ASIC) and the Cayman Islands (CIMA).

Their commitment to fair dealing and client support has earned them recognition in the industry, and they’re high on this list in part because of their great service.​

Feature	Information
Commission per lot	Up to $8 commission per lot
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, Pro Trader
Forbidden countries	USA, Canada, China, Romania, Singapore, as well as jurisdictions on the FATF and EU/UN sanctions lists
Payout frequency	Daily
Minimumclients	No minimum requirement
Regulation	ASIC (Australia), CIMA (Cayman Islands)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets, crypto
Markup spreads possible	Yes
Sub IB Program	Yes (multi-level commissions available), 1 level

5. Moneta Markets

Moneta Markets provides an IB program that gives you the opportunity to earn commissions through a multi-tiered structure.

The program allows for the implementation of various marketing strategies, and as with the others in this echelon, provides comprehensive tools to help you as a partner succeed.​ Moneta Markets is a reputable broker, regulated in multiple jurisdictions, including Australia (ASIC) and Saint Vincent and the Grenadines (SVG).

Their commitment to transparency and client support has made them popular with traders, earned them industry recognition, and positions them at number five on this list.​

Feature	Information
Commission per lot	IB rebates up to $33 (Depending on the FX type)
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), Copy Trader
Forbidden countries	USA, Canada, and some other jurisdictions
Payout frequency	Daily
Minimumclients	No minimum requirement
Regulation	FSCA (South Africa), FSP (Australia)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets, crypto
Markup spreads possible	Yes
Sub IB Program	Yes (multi-level commissions available), 20 levels

6. Exness

Exness offers a robust Introducing Broker (IB) program that provides partners with competitive commissions and a range of marketing tools to support their efforts.

IBs can earn up to 40% revenue share, with commissions starting at 33% and increasing based on Total Average Trading Volume (TATV) and Active Clients (AC) metrics. The program will allow you to employ diverse marketing strategies, and comes with solid support for partners.​

Exness is a reputable broker, regulated in multiple jurisdictions, including the UK (FCA), Cyprus (CySEC), and Seychelles (FSA). Their commitment to transparency and friendly client support has earned them recognition in the industry and favor among traders.​

Feature	Information
Commission per lot	Commissions up to 40% of the brokers spread
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
Forbidden countries	USA & territories, EU, Canada, certain countries in Africa, Asia, Latin America and a few other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	FCA (UK), CySEC (Cyprus), FSA (Seychelles)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets, crypto
Markup spreads possible	Yes
Sub IB Program	Yes (multi-level commissions available), 1 level

7. VT Markets

VT Markets offers an Introducing Broker (IB) program that provides partners with competitive commissions and a good range of marketing tools to support their efforts.

The program comes with comprehensive support for partners and will afford you the ability to try various marketing strategies to generate interest.​ VT Markets is a very reputable broker, regulated in multiple jurisdictions, including Australia (ASIC) and Saint Vincent and the Grenadines (SVG).

Their obvious commitment to transparency and great client support has earned them wide recognition in the industry.​

Feature	Information
Commission per lot	Commissions up to $3 – $8 per 1 lot (depending on account type)
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, TradingView
Forbidden countries	USA, Singapore, Russia, and jurisdictions listed on the FATF, and other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	FSP (Australia), FSCA (South Africa), FSC Mauritius
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets
Markup spreads possible	Yes
Sub IB Program	Yes (multi-level commissions available), 1 level

8. BlackBull Markets

BlackBull Markets offers an Introducing Broker (IB) program that comes with strong commissions and a decent range of marketing tools to support partners.

This program too is designed to accommodate a diversity of marketing strategies, and BlackBull will give you comprehensive support as one of its partners.​ BlackBull Markets is a vibrant and highly reputable broker, regulated in multiple jurisdictions, including New Zealand (FMA) and the United Kingdom (FCA).

Their commitment to transparent operation, as well as benchmark client service and support, has helped them garner recognition in the industry.​

Feature	Information
Commission per lot	IB rebates vary up to $10 per Lot (depending on account type)
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, TradingView, cTrader
Forbidden countries	USA, Japan, Canada, and some other jurisdictions too
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	FMA (New Zealand), FSA (Seychelles)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets
Markup spreads possible	Yes
Sub IB Program	Yes (multi-level commissions available), 10 levels

9. AvaTrade

AvaTrade offers an Introducing Broker (IB) program that accommodates various marketing strategies, while giving you competitive commissions and comprehensive support as a partner.​

AvaTrade is a reputable broker, regulated in multiple jurisdictions, including the European Union (MiFID), Australia (ASIC), and Japan (FSA). Their openness and great client support has earned them industry recognition and a growing client base, and their IB Program is in the same fold.​

Feature	Information
Commission per lot	Up to 50% revenue share
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
Forbidden countries	USA, New Zealand, Belgium, Cuba, Syria, Canada,and certain other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	MiFID (EU), ASIC (Australia), FSA (Japan)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, e-wallets
Markup spreads possible	Yes, certain instruments
Sub IB Program	Yes (multi-level commissions available), 1 level

10. FBS

FBS offers an Introducing Broker (IB) program that will pay you competitive commissions and it comes with a range of marketing tools to suit most endeavors.

The program has been structured in a way that allows you to explore various marketing strategies while getting strong support from the broker. FBS is another highly reputable broker, regulated in multiple jurisdictions, including Belize (IFSC).

They are visibly committed to client support, and their architecture has earned them recognition in the industry to date.

Feature	Information
Commission per lot	Commissions up to 43% of the brokers income
Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
Forbidden countries	USA, EU, and certain other jurisdictions
Payout frequency	Daily
Minimum clients	No minimum requirement
Regulation	IFSC (Belize)
Cookie duration	30 days
Payment methods	Bank transfer, credit/debit cards, Skrill, Neteller, Perfect Money
Markup spreads possible	Yes
Sub IB Program	Yes (multi-level, down to 1 tier 20% commission)

What is an Introducing Broker Program?

An Introducing Broker (IB) Program is a partnership between a broker and an individual or entity (the Introducing Broker) who refers clients to the broker. In return, the IB earns commissions based on the trading activity of the referred clients, as well as (usually) a small spread markup too.

These programs are prevalent in forex and CFD trading, offering various earning opportunities such as:

• Commission per lot traded.
• Revenue share from spreads or swaps.
• Markup on spreads.
• Earnings from sub-IB networks.
• Additional IB fees.

Each broker has its unique offerings and subtle tweaks to the basic offer, and the whole concept of IBs supports lead generation and onboarding of new clients.

What is a Master IB In Forex?

A Master IB (Master Introducing Broker) is an experienced IB who not only refers traders but also recruits and manages a network of Sub IBs. This role is more managerial and often includes providing training, support, and strategic guidance to sub-partners on top of services to trading clients.

Let’s say you’re a Master IB and you have:

• 5 Sub IBs, each referring 10 traders.
• Each trader generates $5 in commission per lot traded.
• Each Sub IB earns $2.50 per lot, and you (as Master IB) earn a 10–30% override on their earnings.
• Each trader trades 50 lots/month.
• That’s 10 traders x 50 lots = 500 lots/month per Sub IB.
• Sub IB earns 500 x $2.50 = $1,250/month.
• You earn 20% override = $250/month per Sub IB.
• With 5 Sub IBs, you earn $1,250 passive income/month — just from your network.

Master IBs can scale significantly by building a solid structure of active, motivated Sub IBs, but you need a good reputation for valuable support services, and long term commitment your trading clients and Sub IBs alike.

See here our video about Master IBs and the programs in Forex:

What is a Sub IB In Forex?

A Sub IB (Sub Introducing Broker) is someone who works under a Master IB or senior IB and refers clients to the broker, often receiving part of the commission structure offered by the broker or the Master IB.

Sub IBs are often just getting started or prefer a smaller role, sometimes with less marketing responsibility (or no website).

Let’s say you become a Sub IB under a Master IB:

• Your Master IB gives you a custom link.
• You refer 5 traders.
• Each trader trades 100 lots/month.
• The broker pays $5 per lot, and you receive $2.50 per lot, and your Master IB gets a percentage of your share (e.g. 20%).

That’s:

• 5 x 100 x $2.50 = $1,250/month in earnings for you.
• The Master IB earns $250/month from your efforts.

Managing Sub IBs is a great way of growing your reach, especially if you don’t want to deal with heavy setup or manage everything yourself, while becoming a Sub IB is a great starting point for many.

How to Find The Best Forex Introducing Broker Program?

Not all IB programs are created equal, and when choosing the right program, consider the following:

• Reputation of the broker: Ensure the broker is regulated, trustworthy, and has a strong track record (look for reviews and community feedback).
• Commission structure: Check how much the broker pays per trade, spread rebate, or lot (most will offer multi-level commissions through sub-IBs).
• Available countries: Some brokers restrict IB partnerships in certain regions due to regulatory reasons.
• Trading platforms offered: Make sure the broker supports popular platforms like MT4, MT5, or cTrader if your clients prefer them.
• Tools and Support: Good IB programs offer a dashboard, marketing tools, reporting features, and account managers.
• Client experience: Fast withdrawals, low spreads, and good customer support help retain your clients, which means better long term earnings for you.
• Payment methods and frequency: Weekly or monthly? Bank transfers, crypto, or e-wallets? Pick what suits your needs best.

See our video about the best IB Program here:

Are all Introducing Broker Programs Legit?

No. While many brokers offer legitimate IB programs, some (smaller) scam brokers exploit IBs by:

• Promising high commissions and not paying out.
• Misleading clients, which damages your reputation.
• Locking you into a non-transparent agreement.
• Stealing commissions from IBs
• Remove clients from the IBs client list
• Remove deposits from the clients

Always do due diligence, check their regulation and payment history, and especially online reviews from others before signing up.

What are the Benefits And Disadvantages of an Introducing Broker Program?

Pros

That all-elusive passive income that financial advisors keep advocating becomes a legitimate reality as an IB. There is no need for you to handle client funds, which keeps you free of any involvement in lost or missing money or other uinpleasant allegations. As an IB, you can literally work from anywhere in the world with a laptop and an internet connection. You can scale relatively easily with sub-IBs and persistent marketing, and it’s not hard to get to a lifestyle-sustaining income within a year or two.

Cons

You’re dependent on the broker’s reliability and good conduct, which is why it pays to stick to the most reputable options outlined above. It’s a competitive market, and there are a host of voices in all avenues where traders and potential traders abound, competing for their attention. In spite of your best efforts, clients may leave or switch brokers for any number of reasons, and this is largely out of your control. Some brokers require initial clients to get started, and this prevents you from jumping into the deep end and building a base while being able to offer that brokerage as a trading destination.

How to Join an Introducing Broker Program?

Here are the typical steps taken in becoming an IB:

• Choose a broker: Select one that aligns with your goals and offers a good IB program.
• Apply online: Fill out an application form with your personal or business details.
• Verify your identity: Submit the required KYC documents.
• Receive tracking tools: Get your referral link, banners, and dashboard set up.
• Start promoting: Attract clients through online or offline channels.
• Earn commission: Get paid based on your clients’ trading activity.

Which type of KYC and Regulation is needed for a Forex Introducing Broker Program?

You’ll need to provide the very basic and essential KYC details in order to register as an IB, and regulation essentially falls to the broker, not you (unless you reside and do business in the USA).

• KYC: Both individuals and companies must provide identification (passport, proof of address, etc.).
• Regulation: Generally, you don’t need to be regulated to be an IB outside the USA, but:
  • In the USA, you may need to register with the NFA (National Futures Association) and comply with stricter requirements.
  • Outside the USA, most brokers allow IBs to operate without formal regulation.

How Many Customers Will I Need to Join an Introducing Broker Program?

The answer to this question depends on the broker, as some brokers will:

• Accept IBs with zero clients, giving you time to build up a client base.
• Require at least 1–5 active clients.
• Only work with IBs who already have a network or proven traffic.

How Much Money Can You Earn through an Introducing Broker Program?

With a modest base of, say, 10 traders that you have signed up and which trade regularly, you can earn around $1,000 every month (perhaps more depending on volume and fee-splitting details, and perhaps even more if you’re allowed to mark up the spread).

Of course, a very lethargic IB with a lacklustre group of traders beneath him might earn substantially less, but by the same token, an IB with a few Sub IBs and an aggressive marketing and support approach might earn thousands more each month.

IB earnings can vary based on:

• Client trading volume.
• The broker’s spread/commission.
• Your deal as an IB (profit share or markup).

In one example, let’s say that:

• 10 clients trade 1 standard lot daily.
• The broker pays $5 per lot.
• Monthly, 10 clients x 20 trading days x $5 = $1,000/month.

In another scenario:

• You add a 0.5 pip markup on spread.
• Clients trade 500 lots per month.
• Your markup earns you $2.50 per lot.
• Monthly, 500 x $2.50 = $1,250/month.

For further calculation of the IB commission, you can use our Forex Rebate Calculator on WR Trading.

How High are the Rebates in Introducing Broker Programs?

The rebates you’ll garner as an IB usually range from $2 to $15 per standard lot, and some brokers pay a percentage of spread or commission (30–60%).

You can also mark up spreads or commissions, depending on the broker’s policy (almost all of the brokers listed above allow for spread markups, at least).

Can You Add Markup Spreads to Your Referred Clients?

Yes, although not all forex brokers allow it, those that do will allow you to:

• Add a fixed pip markup.
• Set different rates for different clients.
• Offer custom deals in exchange for mentoring, analysis, or trading signals (tips).

Whatever your broker allows, the markup is paid in full to you as the IB – markups are all yours.

How to Earn Money by Finding Sub IBs?

Most programs offer a multi-level IB structure, and it works like this:

• You (Main/Master IB) recruit a Sub IB (or a few Sub IBs), which means you approach other traders who might want to join the program..
• The Sub IB recruits traders, as you too continue your own recruitment efforts (of both traders and Sub IBs).
• You earn a percentage of the Sub IB’s commission (usually around 10–20%) when they successfully get someone to sign up with your chosen broker, since they are now signing up “under” you.

This is akin to network marketing models that are employed in a host of other industries, and you can build a team with multiple levels once you’re in the swing of things (it’s a great way to scale your earnings).

Can You Earn Passive Income by Joining an Introducing Broker Program?

Yes! Once your clients are actively trading, you earn passive commission every time they trade, even if you’re not doing anything.

With recurring revenue and sub-IBs, it becomes a sustainable passive income stream, especially if you manage to find loyal, high-volume traders.

What are the Best Sources to Find Clients for an Introducing Broker Program?

There are several effective ways to find and convert clients:

• Social Media: By posting valuable, authoritative trading content on platforms like Instagram, Facebook, or TikTok’s trading pages, IBs can generate an audience from which some legitimate new traders will emerge.
• SEO: IBs can create content-rich websites or blogs on forex education, giving their acumen away freely, to generate the authority that will allow them to gain sign-ups from their following.
• PPC ads: Pay-per-click ads (like Google ads & Facebook ad options) will generate a small return, which will be sufficient over the longer term to build up a base of referred traders.
• YouTube: IBs can also start a YouTube channel sharing trading tutorials and strategy breakdowns that will, again, generate the authority to enable them to direct clients to their chosen broker, ideally in a highly transparent and substantiated way.
• Offline events (seminars, meetups, community events).
• Telegram/Discord Groups: Joining conversations on these platforms can elicit potential clients too, if you’re prepared to put in the hours needed to be active in group chats.
• MetaTrader Copy Trading Platforms: Here, you’ll offer strategies while redirecting followers to your broker.
• Email marketing: Emails to a trading audience can be intimidating for some, but email marketing is still highly effective and you’ll get a higher percentage of legitimate responses from the methodology.

Introducing Broker Program vs Forex Affiliate

An IB is in for the long haul, and their money comes from regular contact with their referred clients, coaching them in their trading, from which they take a small cut of the fees.

A Forex affiliate generates their once-off fee (mostly CPA) from a hyperlink, through which anyone can sign up to the advertised brokerage after being persuaded to do so by the affiliate’s marketing efforts.

Feature	Introducing Broker	Forex Affiliate
Payment model	Revenue share/spread rebate	CPA (Cost Per Acquisition)
Earnings	Ongoing, passive income	One-time payout
Client relationship	Closer—often involves mentoring	Less personal
Ideal for	Educators, signal providers, networks	Bloggers, PPC marketers, mass traffic

Remember, IBs earn from their traders’ trading activity; while affiliates get paid once only－when the client signs up and deposits.