Are IBs considered CMS International employees?
No, IBs are NOT CMS International employees and are considered contracting parties of CMS International under the Introducing Broker Agreement.

How are IBs compensated?
IBs receive compensation based the total round turn lots traded by their clients per month. Payment is usually issued at the beginning of the following month.

As an IB, can I trade for my clients?
Through the Limited Power of Attorney, IBs can trade on behalf their clients as well as manage their accounts.

How does an IB manage his/her Forex business?
IBs can generate business reports online to view trading activity and calculate IB rebates. This site is password-protected and accessible 24 hours a day.

Are there any brokerage exams I need to pass in order to become an IB? Do I need to register with certain financial regulatory organizations?
CMS International does not require proof of brokerage exams or registration with financial institutions in Bermuda to become an IB. However, CMS International advises all potential IBs to contact their local financial authority or a statutory body who is supervising the financial services industry for further details about registration matters.

How do I set my clients up with a demo account from my own website?
You will be provided with a short snippet of code. Once placed into the HTML code of site, you will have a demo form that clients can fill out. You may also link to the form directly as a hyperlink. You can also create a personalized confirmation page that clients will see after they have signed up, or just use our default confirmation message.

As a current CMS International client, can I become an IB? How?
Yes, current customers can become IBs. To apply, please click here.

Do I need a company to apply as a CMS International IB?
No, you can apply as an individual IB. You may also apply with your company’s information as a corporate IB..