How to play IB agent rebate system? What are the advantages?

In China's retail foreign exchange trading market, IB agent is a relatively huge business process team, and it is also the backbone to promote the development of all industries. In today's social media era, more and more people realize that according to online foreign exchange investment, there will be opportunities to get rich profits. As a result, more and more customers choose to conduct online transactions through IB rather than immediately generate project investment connections with brokers. All this is based on trust.

In addition, in addition to obtaining new customers through traditional marketing methods, brokers also rely on IB agents to generate real customers and increase turnover. Therefore, IB has become a unique group in the foreign exchange trading manufacturing industry, which is also a key energy.

In the traditional financial investment and sales market, investors cause a certain proportion of the service fee when carrying out spot transactions, foreign exchange transactions, individual stocks and other transactions, which is called Commission (individual stocks are called contract stamp tax). Rebate is the project investment carried out according to some reliable rebate service platforms, and the rebate service platform will refund the Commission caused by the investor in the whole process of project investment to the investor. Such a system exists in the virtual currency contract trading and sales market, so what is agency? What kind of agents are there? What is rebate? Today, let's learn about it together.

What is agency?

Agent IB, whose full name is introducingbroker or affiliate. In Chinese, it is called artist broker or broker, which refers to the operation mode in which the organization or I accept the authorization of the futures trading broker, introduce the customer to the futures trading broker in detail and deduct a certain commission. IB rules and regulations began in the UK and are widely promoted in countries and regions with relatively developed commodity futures in the financial industry (Britain, the United States, Japan, Taiwan Province, etc.). For China's virtual currency commodity futures, it is a typical sales market with agents as the sales market participants.

In the final analysis, it is mainly composed of:

1、 The virtual currency financial industry belongs to emerging economies, and the vast majority of people have little or no cognitive ability about this matter;

2、 The indoor space in China's market has a large span and complicated conditions. Although there are a large number of investors, their mastery of venture capital and virtual currency is uneven. Therefore, for the futures market of virtual currency, if we want to develop our market and expand customers, we usually have to rely on agents all over the country.

Types of agents

There are various types of agents, and the operation modes of different types of agents are also different. In order to have a long-term development trend, the agent business process must effectively design its own development trend, relative path and operation mode according to its own resource situation. The most common way of agent is also a newly developed way. Most agents choose to simply introduce the experience in detail. According to the detailed introduction of relatives and friends around them, or the detailed introduction of the same people who are very interested in virtual currency commodity futures, they go to the trading center bank to open an account and trade, and get a commission. Although this kind of method is simple, it cannot develop steadily.

To accumulate a lot of customers and expand the Jingji market into a job, agents must consider from many levels: how to smoothly accumulate the number of customers, active trading volume, and increase the life span of customers? According to these many aspects, the business scope of agents can be divided into: online stock recommendation, offline training, project investment culture and education, account escrow, data signal merchandisers, media promotion and trading rebate.

How does the Commission come from?

Generally speaking, the commission given by the high-quality standard trading center to the agent comes from the transaction cost of the customer, and the trading center takes a part of the difference between the deduction and the liquidity cost given to the customer to return it to the agent as the Commission. Therefore, for customers, whether to apply for registration under the agent account for trading is not harmful. On the contrary, agents can obtain a variety of personalized services.

What is IB rebate?

In the virtual currency commodity futures sales market, it is the trading center that shows the liquidity, depth and negotiation place to investors. The trading center pays the trading commission to the agent to encourage the agent to introduce the customer in detail. The agent shows the customer various service items in order to obtain the Commission, so as to complete the win-win situation. Trading centers are generally not easy to return trading commissions to investors, so there is a kind of agent, in order to help ordinary investors reduce transaction costs and return the vast majority of their own trading commissions to investors, while agents make profits from the small amount of commissions left by each customer by obtaining many customers. Such agents usually complete a lot of commission calculation, display information and rebate according to the rebate background management of automation technology. Generally, they have their own website, so they are called rebate network. This kind of method is similar to "group purchase price", which is warmly welcomed by investors because it immediately reduces the transaction costs of customers.

The development trend of the futures market is very critical for agents. For example, the introduction of agency rules and regulations has greatly promoted the development trend of the UK futures industry. Many people have accumulated contacts and wealth according to the agency business process, and even successfully started businesses. However, many service platforms call the name of the trading center. In fact, they share customers' loss trading positions with agents to obtain economic profits. Although such agents can make money quickly and make profits in the short term, they can't develop the work of operation during the development period, and even have the risk of laws and regulations. Therefore, in the final analysis, the success of agents depends on the selection of a high-quality standard trading center. How to choose it should have its own discrimination.

Why does IB attach importance to rebate and what is the way?

Commission rebate refers to the service fee deducted by the securities company in the transaction mode when the customer carries out the transaction, which will be returned to the agent as a reward or bonus. Generally, the agent will also return part of the Commission to their customers, so as to reduce the customer's transaction fee. It can be said that the rebate is the key revenue source of IB agency, and the Commission is the driving force of IB's expanding business process.

Judging from foreign work experience, the more popular business expansion method for IB agents is forexaffiliate (foreign exchange alliance), which can generate immediate commission income for agents. Generally, forexaffiliate is divided into two types: 1) it can cooperate with every broker; 2) Only work with special brokers.

In the first category, IB agents have no barriers to select brokers. They mostly pursue perfect commissions and do not pay much attention to the brokers' own qualification certificates; The second category has certain qualification certificates for brokers, and IB can only become a partner of brokers if it meets special regulations. This kind of alliance cooperation can usually produce higher quality customers for brokers.