IB (Introducing Broker) and Affiliate are two types of partners in the IUX Partner Program. However, they differ in roles, working styles, and income structures, as outlined below:
1. IB (Introducing Brokers)
An IB is a partner whose role is to refer clients and provide direct support and assistance to those clients.
Working Characteristics:
Has a network of traders or managed clients
Provides guidance, answers questions, or assists with trading-related matters
Builds long-term relationships with referred clients
Income:
IBs earn commission based on the trading volume of referred clients. The commission structure is typically different from that of Affiliates and, in some cases, may offer higher revenue sharing, depending on program conditions.
2. Affiliate
An Affiliate is a partner who focuses on marketing and referring new clients through online channels.
Working Characteristics:
Uses websites, blogs, or social media platforms for promotion
Promotes IUX accounts through referral links
Focuses primarily on marketing activities
Income:
Affiliates earn commission from new client referrals and account registrations, calculated according to the conditions defined in the system.