When transferring commissions from a partner account to an IUX trading account, you must be both a partner and a client with us. In cases where the partner transfers commissions from their partner account to their trading account (if the partner is a client of IUX and has an IUX trading account), the commission transfer conditions are as follows:
- If the commission is transferred from the partner account to the trading account as Balance, the partner will receive the commission as Balance according to the specified amount.
- If the commission is transferred from the partner account to the trading account as Credit, the partner will receive the commission as Credit, and the total amount of Credit received will be higher than the specified amount by 12.5%. The transferred Credits cannot be withdrawn and can only be used for trading securities within IUX.
Example:
- If Mr. A is a partner with IUX and has accumulated commissions of 100 USD and wishes to transfer the commission as Balance to their trading account, Mr. A will receive a Balance of 100 USD.
- If Mr. A is a partner with IUX and has accumulated commissions of 100 USD and wishes to transfer the commission as Credit to their trading account, Mr. A will receive a total Credit of 112.5 USD (100 USD + 12.5%).
Please note that once a customer confirms the transfer of commissions from their partner account to their trading account, the transaction cannot be canceled under any circumstances.
If you have any questions or encounter any issues, please contact our customer support team 24/7 via [email protected]