How to Check Your Broker Account's IB Connection Before Applying for Rebates
How to Check Your Broker Account's IB Connection Before Applying for Trading Rebates
If you already have a trading account, you may wonder whether you can receive trading rebates without opening a new one.
The answer depends on several factors, including your broker's Introducing Broker (IB) policy, the entity holding your account, your account type, and your existing referral arrangement.
Before applying for a rebate program, one of the most important steps is to verify your current IB connection.
This guide explains how to check that connection, what to ask your broker, and which restrictions to consider before making changes.
1. What Is an IB Connection, and Why Does It Matter?
An Introducing Broker (IB) is a business or individual that introduces clients to a brokerage firm and may receive commissions under a partnership agreement.
Some rebate programs return a portion of eligible IB commissions to traders.
However, receiving a rebate is not automatic simply because you trade with a particular broker.
Your eligibility may depend on:
Whether your account is associated with an eligible IB
Your broker's referral and partner policies
Your country of residence and the broker's legal entity
Your account type and trading instruments
The applicable rebate and settlement terms
An existing account is not necessarily ineligible, but it is not automatically eligible either.
2. How to Check Your Existing Account's IB Connection
There are three practical ways to investigate your current IB status.
Method 1: Contact Your Broker's Official Support Team
This is generally the most reliable starting point.
You can ask:
"Could you please confirm whether my trading account is currently linked to an Introducing Broker (IB)?"
You may also ask:
"Is it possible to change the IB associated with my existing trading account?"
If necessary, request clarification about whether your account is eligible for any IB transfer or reassignment procedure.
Keep in mind that brokers may restrict the disclosure of partner information for privacy or contractual reasons.
Method 2: Review Your Client Portal
Some brokers display referral codes, partner details, or account registration information within their client portals.
Look for sections related to:
Account details
Referral or partner information
Registration history
Trading account settings
Not every broker provides these details through its online portal.
The absence of a visible IB field does not prove that your account has no IB connection.
Method 3: Check Your Original Registration Details
If you opened your account through a referral link or partner website, review your original registration information.
This may help identify the referral arrangement used when the account was created.
However, an old referral link alone does not establish your current IB status.
For an authoritative answer, rely on your broker's confirmation.
3. Can You Change the IB on an Existing Trading Account?
Possibly, but policies vary considerably.
Some brokers may permit certain IB changes under specific conditions. Others may restrict reassignment or require a separate approval process.
Before proceeding, clarify the following questions:
Does the broker allow IB changes for existing accounts?
Are there restrictions based on your current referral arrangement?
Must you submit a formal request or additional documents?
Does the broker need to approve the change?
If approved, when would the new arrangement become effective?
Submitting an IB transfer request does not guarantee approval or rebate eligibility.
Rebates may also be unavailable for trades executed before the effective date of an approved arrangement.
Avoid assuming that historical trading activity will qualify retroactively.
4. New Accounts vs. Existing Accounts: What Changes?
Although both account types may be subject to eligibility checks, the practical process is different.
New Trading Accounts
A new applicant should verify the correct registration route, eligible account types, available legal entities, and applicable partner terms.
Using a referral link does not, by itself, guarantee successful IB attribution or rebate approval.
Existing Trading Accounts
An existing client should first verify the current IB arrangement and determine whether reassignment is permitted.
If the broker requires approval, wait for confirmation before assuming that any new rebate arrangement is active.
The important distinction is not simply whether an account is new or old. It is whether the account meets the broker's current eligibility requirements.
5. What Information Should You Prepare?
Before reviewing your rebate eligibility, gather the following non-sensitive details:
Broker name
Country of residence
Applicable broker entity, if known
Existing or new account status
Account type, such as Standard or Raw
Main trading instruments, such as forex, gold, or index CFDs
Any official confirmation of your current IB status
CHARTINFO works with six partner brokers:
TMGM, AvaTrade, Vantage, XM, Axi, and EC Markets.
These brokers may have different rules depending on the jurisdiction, account structure, and trading products involved.
Do not share your account password, authentication codes, or other sensitive credentials when requesting general information.
6. What Does "Up to 90% Trading Rebates" Actually Mean?
It is important to distinguish a rebate on IB commissions from a rebate on total trading fees.
CHARTINFO's stated maximum rebate of 90% refers to up to 90% of the IB commission received by CHARTINFO from the broker.
It does not mean that every trader receives 90% of their total trading commissions or spreads back.
For example, suppose a broker pays an IB commission of $10 for eligible trading activity.
If a 90% rebate rate applies, the trader's rebate would be $9.
This is a hypothetical illustration, not a guaranteed rate or payout.
Actual eligibility, commission amounts, rebate percentages, and settlement arrangements depend on the relevant terms.
7. Final Checklist Before Applying for Trading Rebates
Before making changes to an existing trading account, confirm three essential points:
First, verify your current IB connection.
Contact your broker's official support team rather than relying solely on assumptions about your original registration.
Second, check whether IB reassignment is permitted.
Rules may differ across brokers, legal entities, and account types.
Third, confirm the approval status and effective date.
Do not assume a rebate arrangement is active until the relevant conditions have been satisfied.
Taking these steps can help you avoid misunderstandings about rebate eligibility and account restrictions.
For additional educational articles about trading costs, broker arrangements, and rebate structures, explore CHARTINFO's other guides.
Risk Disclosure: Forex and leveraged CFD trading involve substantial risk and may result in significant financial losses. Ensure that you understand the products and associated risks before trading.
Affiliate Disclosure: CHARTINFO has affiliate relationships with TMGM, AvaTrade, Vantage, XM, Axi, and EC Markets and may receive IB commissions. Rebate eligibility, amounts, and payment conditions vary.
For additional details on futures trading costs and CHARTINFO’s rebate structure, visit our official website.
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