What Is the Difference Between IB and Master IB?
With the Introducing Business Partner Program, you can potentially earn additional income by referring new clients to Admirals! In this article, we will discuss the differences between being an Introducing Business (IB) Partner and a Master IB Partner, and explain what you stand to gain from both!
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What Is the Introducing Business Partner Program?
The Introducing Business Partner Program from Admirals allows agents, entrepreneurs, corporate introducers and others to earn partner fees by referring new trading clients.
Once registered with Admirals and in receipt of an IB referral link and IB code, IB partners can share their link and code with potential clients. If these referred clients ultimately sign up with Admirals, IB Partners can earn commission as soon as the client starts trading.
This covers the standard IB Partnership, but what is a Master IB? And how do they differ?
IB Partner vs Master IB Partner
As an IB Partner, every time your referred clients make a trade, you can earn up to a 50% share of the spread or commission fee, depending on the trading account type. This arrangement will be ongoing for as long as the referred client continues trading with Admirals.
The table below outlines in detail the payment plan for IB Partners.