This course will review the Broker Portal, which is our free and powerful client relationship management (CRM) platform for Introducing Brokers (IBs). The web application serves as the one-stop destination to manage clients, run reports and key performance metrics, funding, and more. Additionally, automatic billing, flexible commission markups, and interest markups/markdowns are part of IBKR’s turnkey solution for Broker-Dealers and Introducing Brokers.
Initiating Client Applications
Client Account Templates for Brokers
Client Account Templates help Introducing Brokers (IBs) save time when sending application invites to prospective clients. The Client Account Templates allow the broker to specify the account type, trading permissions and trading objectives that will be automatically applied to the application.
Adding Contacts in the Broker Portal
CRM Tools in the Broker Portal
IBKR’s Broker Portal enables Introducing Brokers (IBs) to view the status of pending applications and modify or cancel applications if needed. Additionally, Introducing Brokers can enable Broker Client Approval which allows the Broker’s compliance team to approve all new client applications and client requests for options trading permissions before they are submitted and reviewed by IBKR.
Introduction to Broker Client Fees
Broker Commission Markups
Interest Rate Markups
Invoicing for Introducing Brokers
Reporting Tools & Broker Exception Reports
White Branding for Introducing Brokers
Interactive Brokers offers a solution for Introducing Brokers (IBs) to use their own banners for white branding purposes. White branding allows IBs to display their own logos and company information on our Registration system, Client Portal, Reports, Trader Workstation and other materials. White branding is a great marketing tool that can give your customers the impression that you are offering a complete package of in-house trading tools and supporting products.