1. What is an introducing broker?
An introducing broker works with many different futures commission merchants to match potential clients up with companies who execute their trades. An introducing broker has a direct relationship with a client but delegates the work of execution to the broker. This is done to increase the efficiency and lower the work load of the brokerage. It allows the IB to focus on the client while the brokerage focuses on the trading and technology.
2. Is FXVIP Service a Forex broker?
No. FXVIP Service is an independent introducing broker representing multiple brokerage firms.
3. Do I send my funds to you?
No. FXVIP Service does not accept your funds. After a meticulous screening process the broker we decide on together will be holding your funds and you will send your funds directly to them.
4. How is FXVIP Service different?
We are with you every step of the way as a partner and educator. With years of trading experience we have worked with many of the FX brokerages. We will match you with the best fit based on your trading needs, style and objectives. We work with traders on an individual basis developing a plan catering to your specific needs. Given the wide array of strategies, execution parameters and pricing plans, we are able to bring value to each specific client by leveraging our existing relationships in the industry.
5. Do you offer multiple Forex brokers and platforms? Why?
Yes, each broker has their own strengths and weaknesses and it is our policy to give our clients as many options as possible. Trading style, objectives and platform selection are unique to each client and by representing multiple brokers and platforms our clients have access to the solution that will work best for them. We do extensive research and only partner with reputable and financially sound companies. After our consultation we will be able to find the perfect match for your trading and will reevaluate as necessary with you.
6. What is the benefit of using FXVIP Services over going to the brokerage?
At FXVIP Services we take the time to get to know and understand each of our traders customizing a trading plan based on individual needs. We provide access to rebate trading, VPS and EA solutions, deliverable FX, and managed accounts. We care as much about your trades and your trading experience as you do, experience the FXVIP difference!
7. How do I open an account and begin trading?
Click on the following link and follow the instructions. You are minutes away from trading in this growing marketplace.