The commission structure corresponding to each level is outlined in the table below:
- For Standard, Standard+ accounts
Level | Standard | Advance | Pro | VIP | Platinum | Premier |
1 | 25% | 33% | 35% | 37% | 40% | 45% |
2 | 5% | 5% | 5% | 5% | 5% | 5% |
- For Raw, Pro accounts
Level | Standard | Advance | Pro | VIP | Platinum | Premier |
1 | 20% | 20% | 20% | 20% | 25% | 25% |
2 | 5% | 5% | 5% | 5% | 5% | 5% |
This table elucidates the commission percentage you will accrue based on your respective client’s level within your current Introducing Broker status.
Commission Calculation For Standard, Standard +, and Pro Accounts
Commission calculation for these three account types is based on the spread.
Formula: Percentage x Lot Size x Spread x Bonus Rate
Example: Let’s say you are a Platinum level partner. When your clients use a Standard+ account to trade 1 lot of EURUSD currency with a spread of 10 points, their commission calculation would be:
40% x 1.00 (Lot) x 10 (Spread) x 1 (Bonus Rate) = 4 USD
Note: The maximum commission payout is determined using the 35-point maximum spread.
Example: Suppose you are a Premier level partner. When your clients use Standard account for trade 1 lot in the energy commodity of USOIL with a spread of 46 points. The system will calculate the spread at the limit to 35 points, their commission calculation would be:
45% x 1.00 ( Lot) x 35 (spread) x 1 (bonus rate) = 15.75 USD
Commission Calculation For Raw Account
Commission calculation for Raw Accounts is based on a fixed rate commission per lot.
Forex | Metals & Energies | Crypto | Index |
$7 per lot | $7 per lot | ADAUSD : $2/Lot ATMUSD : $1/Lot AVAUSD : $3/Lot BATUSD : $6/Lot BCHUSD : $1/Lot BNBUSD : $4/Lot BTCUSD : $7/Lot DOTUSD : $3/Lot ETHUSD : $1/Lot LTCUSD : $0.5/Lot SOLUSD : $2/Lot TRXUSD : $1/Lot UNIUSD : $1/Lot XMRUSD : $3/Lot XTZUSD : $3/Lot | AUS200 : $1/Lot DE30 : $4/Lot FR40 : $2/Lot HK50 : $1/Lot S&P500 : $0.5/Lot STOXX50 : $1/Lot UK100 : $2/Lot US30 : $2/Lot USTEC : $1.25/Lot DXY : $7/Lot |
Formula: Commission Percentage x Lot Size x Fixed Rate Commission
Example: Suppose you are a Platinum level partner, and your clients use a Raw Account to trade the energy commodity USOIL, involving 1 lot with a fixed rate commission of $7. The calculation for the formula is as follows:
40% (Commission Percentage) x 1.00 (Lot) x 7 (Fixed Rate Commission) = 2.8 USD
Notes:
- Standard, Standard+, and Pro accounts have different formulas compared to Raw Accounts.
- The percentage of Level 1 will be calculated from your referred client’s trading, while Level 2 will be calculated from your client’s client (meaning your primary client becomes an Introducing Broker).
- Pip value = Pip size x Contract size x Volume
- Spread = Spread at open price
- Bonus rate = Balance/Margin
P.S. If the calculation exceeds 1, the bonus ratio is set to 1.
If the calculation is less than 1, the bonus ratio will be equal to that value.