A Review of the Axiom IB (Introducing Broker) Program

The program Introducing Broker , or IB, is one of the partnership models between brokers and individuals who introduce new clients to a forex brokerage . In this model, the introducing individual or entity receives a commission or rebate for the activity of the referred clients, according to the terms of its agreement with the broker.

Exelium broker also offers an IB partnership program that includes a dedicated referral link, a portal for managing sub-clients, marketing tools and commission payments. Below, we review the structure of this program and the terms announced by Exelium.

How Does the Exelium IB Program Work?

In the Exelium IB program, a person can apply to partner as an introducer after registering and verifying their account. After signing the IB agreement, they are given a dedicated link that they can use to refer new clients.

Exelium states on the official page of its program that partnership methods can be adjusted to suit each IB's type of activity. IBs also have access to a dedicated portal designed for viewing and monitoring sub-clients and managing activities related to the partnership program. The amount and method of commission payment also depend on the partnership agreement and the terms of the IB program. Therefore, a specific amount cannot be considered guaranteed income without reviewing each IB's agreement.

Features of the Exelium IB Partnership Program

According to information published on Exelium's official website, this program includes several main features:

Rebate payments every 10 minutes

Exelium has stated that IB commissions are paid instantly, in 10-minute intervals. This means that, according to the broker's description, the time between a commission being generated and being paid is short. However, this alone does not mean fixed or risk-free income for the IB; the commission amount depends on the activity of the referred clients and the terms of the partnership agreement.

No announced limit on the number of sub-clients

On Exelium's official IB page, «no limit on the number of referrals (IB sub-clients)» is listed as one of the program's features. So on the program's introduction page, Exelium has not announced a specific cap on the number of clients or sub-clients that can be referred. However, this should not be mistaken for a guarantee of attracting clients or generating a specific income for the IB.

IB portal and monitoring tools

Exelium provides IBs with a dedicated portal. According to the broker, this portal makes it possible to view and monitor sub-clients' activity and gives the introducer tools for tracking network performance and managing IB activity.

Marketing tools

Another feature announced in the Exelium IB program is access to marketing tools and materials. These tools are intended for promoting the broker's services and attracting new clients. Exelium's official page does not provide full details on the type and number of these tools; therefore, specific features such as banners, landing pages or particular tracking links cannot be presented as definite features of this program without checking the IB panel.

Is Exelium IB Income Limited?

Exelium broker mentions the phrase «unlimited commission (rebate) payments» on its IB program page. On the same page, no limit on the number of IB sub-clients is announced either.

However, «unlimited» does not mean guaranteed income. IB income depends on factors such as the number of referred clients, trading volume and the terms of the partnership agreement. To find out the exact commission rate and payment terms, the IB agreement and the information in the partnership panel should be reviewed.

Regulatory Status and IB Responsibility

One thing to consider when introducing a broker to clients is its legal status and regulatory bodies.

According to current information on Exelium's website, the broker is registered under the trade name Exelium Ltd in Anguilla, with registration number A000001254. The site also states that Exelium Global Ltd operates in Seychelles under the supervision of the country's Financial Services Authority (FSA) with license number SD238.

Therefore, when introducing Exelium's services to clients, it is best to clearly explain the status of the entity providing the services and its regulatory jurisdiction. It should also be noted that legal conditions and service restrictions may vary depending on the client's country of residence. Exelium also provides a list of restricted countries and regions for its services on its website.

Steps to Start Partnering as an Exelium IB

Exelium describes the process of starting a partnership in three main steps:

1. Registration and profile verification

First, the registration form must be completed, and after logging into the account, the required documents and the economic profile questionnaire must be completed so the profile can be verified.

2. IB partnership request

After the account is verified, the applicant can submit an IB partnership request from within their account. According to Exelium, the IB agreement can be viewed and signed through the user account.

3. Creating a referral link

After completing the partnership steps, the IB can create their dedicated link and refer new clients to the broker through it. Exelium has also stated that rebate income can be viewed through this process.

Points to Check Before Starting a Partnership

Regardless of the chosen broker, IB programs are usually designed for people who have access to a network of traders or an audience interested in financial markets. However, before starting a partnership with Exelium, it is best to check a few specific points:

• The commission rate and calculation method in the IB agreement;

• Rebate payment and withdrawal terms;

• Rules regarding referred clients;

• Restrictions related to clients' country of residence;

• The IB's terms and responsibilities in the agreement;

• The legal status of the entity providing services to the client;

• The trading conditions of accounts that clients open through the IB link.

These points matter because receiving IB commission does not in itself mean the client is profitable or that the trading conditions suit all traders.

Conclusion: Is the Exelium Broker IB Program Right for Me?

The Exelium IB program is a partnership model for referring clients to this broker that offers features such as a dedicated link, an IB management portal, monitoring and marketing tools, and rebate payments in 10-minute intervals. On its official page, Exelium has also announced no limit on the number of sub-clients and the option of partnership methods tailored to the IB's type of activity.

On the other hand, an IB's income cannot be determined solely from the program's announced features, because income depends on the number and activity of referred clients and the terms of the agreement. Therefore, before starting a partnership, reviewing the IB agreement, the commission calculation method and the broker's legal status matters more than promotional claims about income.

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