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Changing IB in Exness

Changing your introducing broker in Exness will be helpful if you want to change your support network, or if your trading goals have moved. An IB may provide guidance, support, and exclusive promotions from time to time, so proper selection will enhance your trading experience. However, Exness has some particular rules for IB changing. It is usually possible to change it only in special cases or with direct support from Exness. Knowing them will make the process easier when at any time you feel that this switch of IBs is the right decision for you.

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What is an IB (Introducing Broker) in Exness?

An Exness Introducing Broker is a partner that refers new traders to the firm. They help clients open Exness account, introduce the basics of trading, and support a trader during their career. In return, the IB is compensated in direct relation to the trading activity of referred clients. This type of relationship helps the growth of both the IB and Exness, while traders receive additional consultancy.

With many IBs, they can offer insights, tactics, and support that make trade easier, especially to beginners. Others may provide local support or even other additional benefits. Choosing a good IB means the traders have extra support, and it helps make their experience on Exness even smoother and more efficient.

Reasons for Changing IB

Traders may consider changing their IB for various reasons: searching for better support, more appropriate trading resources, or closer cooperation with an IB who fully fits their approach to trading or strategic goals. Sometimes, traders might have such a feeling that another IB will actually provide stronger insights and tools, which will exactly be what they need, or they might want to get another degree of communication or support. A change of IBs lets the client realign with the partner who best supports his trading journey.

Common Cases of IB Change

Speaking of an IB change, one situation is that the trader outgrows the resources of his or her current IB. For example, beginners select an IB which offers basic trading guides. Gaining more experience, the trader decides to shift toward the IB who provided advanced strategies or gave them further insight into the market. This shift helps traders get the support they need, moving further in their trading journey.

Other cases might involve regional or language preferences. If the trader moves to another region or finds an IB that can serve him in his native language, he might use that particular IB for smooth and understandable communication with locals. Some other traders switch to different IBs in order to have exclusive offers or materials that might be provided by one and not the other.

Procedure for Changing IB in MyExness

You can change your IB in MyExness, but there’s a certain procedure for doing that. You get assigned an IB during the registration process, so it’s not an automated switch to another one. To do this, you’ll have to contact Exness Support directly, and they will consider your request by explaining the terms under which substitution of your IB is possible. This way, such a procedure will be conducted with a view to eventually match you with the right IB-you either need more adequate support, or the resources provided by another IB better correspond to your goals.

Step-by-Step Guide to Changing IB

1. Contact Exness Support – Start by reaching out to Exness customer support team through live chat, email, or phone. Explain your reason for wanting to change IBs.
2. Review Requirements – Support will inform you if any conditions apply to the change, such as account type or trading history.
3. Create a New Account if Needed – If direct change isn’t allowed, you may need to close your current account and open a new one. During registration, select the desired IB code.
4. Verify the New Account – Complete the Exness verification process, including identity and address verification, if opening a new account.
5. Confirm IB Assignment – Once your new account is active, ensure it’s correctly assigned to your preferred IB by checking the IB code or confirming with support.

Following these steps ensures that your account is linked to the new IB, providing the support and resources you seek.

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Impact of IB Change on an Existing Account

In most cases, changing IBs on an already existing Exness account type is not allowed, and it usually means the opening of a new account under another IB. In this respect, when one opens a new account, the trading history, accrued bonuses, and special conditions with the prior IB are lost. That would mean your trading history remains with the old account, and probably some loyalty rewards or other IB-related benefits may not be applied to your new account. Also, open trades from your old account will not be transferred.

What Changes When You Switch IBs

• Support and Resources – When you switch IBs, you’ll gain access to the resources, guidance, and support specific to your new IB. This can include trading tools, educational materials, or market insights tailored by the new IB.
• Commission and Rewards Structure – Each IB has its own commission setup, which might affect any rebates or loyalty programs associated with your trading activity. Switching to a new IB could mean changes to the structure and terms of rewards or rebates.
• Account Structure – Since changing IBs usually requires a new account, you’ll start with a clean slate in terms of trading history, which could affect certain account benefits or access to advanced features. Understanding these impacts ensures you’re informed of any adjustments to account terms, rewards, or resources when changing IBs.

Restrictions and Rules for Changing IB

Changing your IB in Exness has certain conditions and restrictions. Once an IB is already tagged in your account, it’s not that easy to change because Exness has certain rules in the protection of fair dealings. Of course, they allow you to change your IB only under some circumstances, such as if the support is inactive or another IB can offer better-suited assistance.

Key Rules for Changing Your IB:

• You must contact Exness support to request a change.
• The request may be denied if there isn’t a strong reason for switching.
• Your account must be verified before any IB changes are made.
• Some IB changes may only apply to newly opened accounts.

For example, you could have an IB so far that has not been providing the support or services required. In this regard, you might approach Exness Support for discussions on a transfer to another IB that will offer such needed services. Each request is treated with due care by Exness to ensure fairness to all parties involved.

Frequently Asked Questions About Changing IB

Can I change my IB at any time?

You can request to change your IB, but there may be restrictions depending on your account’s status and activity. Contact Exness support to understand specific conditions for IB changes.

Will my trading history be affected by the change?

No, changing your IB will not alter your trading history. Your past trades, profit/loss data, and account details remain intact after switching to a new IB.

Are there any fees for switching IBs?

Exness does not typically charge fees for changing IBs. However, it’s essential to confirm with Exness support, as conditions can vary based on account type or region.

How long does the IB change process take?

The IB change process varies, but once approved, it typically takes a few business days to complete. Exness support can provide an estimated timeframe during the request.

Can I switch back to my previous IB if needed?

Once you change your IB, switching back may not always be possible. It’s best to carefully consider your options and consult with Exness support before making the switch.

How do I find a suitable new IB on Exness?

To find a suitable new IB, research IBs affiliated with Exness who offer the support, guidance, or benefits you’re looking for. You may also consult Exness support for recommendations.n price action starts blowing strongly in one direction.