Whenever you are facing uncertainty in the land of investments, it is often best to get an expert to help you out. While there are a lot of different types of brokers, have you tried looking into hiring a Forex Introducing Broker?
Today, we wanted to discuss a few reasons why it might actually be worth your time and your money:
Unlike most brokers, IB’s (Introducing Brokers) are highly customer oriented rather than putting their bottom line first. While brokers will always tell you that they have got your best interest at heart, there have been several instances that have proven this to be false. Most brokers work under a firm and are assigned clients or given client files. There is very little actual interaction beyond speaking on the phone.
A BI often deals directly with the clients that choose to work with them. This isn’t just a voice on the phone anymore. They are a living and breathing person that gets to know you and vice versa.
They Offer Rebates
Unlike most brokers, IBs tend to offer rebates for their clients. If you’re not familiar with the idea, a rebate is a sort of refund or partial refund for the money that you put into the investment. Big credit card companies often do this to entice clients to spend more. IBs utilize this in order to build a more comfortable relationship between themselves and their clients.
A rebate is important if you’re really looking to recoup some of the money that you paid toward a stock. This also ensures that the IBs is always invested that you get a positive experience regardless of whether the stock ups or dips.
These are only a few of the boons that the clients of Forex Introducing Brokers get. Have you given it a try? Why would you say it is worth the money?