Simple Explanation of Broker
Trading, Bonus, IB & Cashback
What is a Broker?
A broker is a company that allows you to trade in global financial markets like Forex, gold, oil, or crypto. You open an account, deposit funds, and use their platform to buy or sell assets.
What is Trading?
Trading means buying and selling financial instruments to make a profit. For example, you buy gold when you expect the price to go up, and sell it later for a profit. Or you sell the dollar if you believe its value will drop. This is what traders do daily.
What is a Bonus?
A bonus is a reward given by brokers—often when you deposit money. For example, if you deposit $100, you might get a 30% bonus ($30), giving you $130 to trade with. Bonuses are usually not withdrawable, but they increase your trading power.
What is the IB Plan?
IB stands for Introducing Broker. You get a unique referral link and invite others to join the broker. When they start trading, you earn commissions from their activity. It’s a way to make passive income without trading yourself.
What is Cashback?
Cashback means a portion of the trading fees you pay is returned to your account. For instance, if you pay $10 in commission, the broker might return $2 as cashback. It reduces your overall cost and boosts your net profits.
Why trade with iX Broker?
