Introducing Broker’s Program
The Partner’s Commission to the IB shall be calculated based on the fixed percentage per level of the IB’s account in accordance with the percentage as outlined hereunder and the formula specified in this Agreement:
- For Standard, Standard+ accounts
| Standard | Advance | Pro | VIP | Platinum | Premier |
| 20% | 25% | 30% | 35% | 37% | 40% |
- For Raw and Pro accounts
Without considering the IB’s level of account, the Partner’s Commission to the IB shall be calculated based on the fixed percentage of 12.5%, and the formula as specified in this Agreement.
- For Standard, Standard+, and Pro Accounts
These four types of accounts will calculate the commission by Spread.
The formula is: Percentage x Lot Size x Spread x Bonus Rate
Example: Suppose you are a platinum level. When your clients use a Standard account for buy-sell for 1 lot of EURUSD currency, that which has a spread of 10 points will be used by the client to determine their commission.
37% x 1.00 (Lot) x 10 (spread) x 1 (bonus rate) = 3.7 USD
In addition, the maximum commission payout is determined using the 35-point maximum spread.
Example: Suppose you are at the Premier level and your clients use a Standard account for trading in the energy commodity USOIL, which involves 1 lot with a 46 point. The system will calculate the spread at the limit of 35 points. The calculation for the formula is as follows:
40% x 1.00 (Lot) x 35 (spread) x 1 (bonus rate) = 14 USD
- For Raw Account
For Raw accounts, the fee is charged when opening a Position/Lot and is not charged again when closing a Position.
Raw Account will calculate the commission by fixed-rate commission per lot.
The formula is: Percentage x Lot size x Fixed rate commission
| Forex | Metals & Energies | Crypto | Index |
| $6 per lot | $6 per lot | ADAUSD: $2/Lot ATMUSD: $1/Lot AVAUSD: $2/Lot BATUSD: $6/Lot BCHUSD: $1/Lot BNBUSD: $4/Lot BTCUSD: $4/Lot DOTUSD: $2/Lot ETHUSD: $1/Lot LTCUSD: $0.4/Lot SOLUSD: $2/Lot TRXUSD: $1/Lot UNIUSD: $1/Lot XMRUSD: $2/Lot XTZUSD: $2/Lot | AUS200: $1/Lot DE30: $4/Lot FR40: $2/Lot HK50: $1/Lot S&P500: $0.4/Lot STOXX50: $1/Lot UK100: $2/Lot US30: $2/Lot USTEC: $1.2/Lot DXY: $6/Lot |
Example: Without considering the IB’s level of account, if your clients use a Raw Account for trading in the energy commodity USOIL, which involves 1 lot with a fixed rate commission at $6. The calculation for the formula is as follows:
12.5% x 1.00 (Lot) x 6 (fixed rate commission) x 1 (bonus rate) = 0.75 USD
The commission that the introducing broker will receive from the 2nd level clients.
| Level | Standard | Advance | Pro | VIP | Platinum | Premier |
| 2 | 5% | 5% | 5% | 5% | 5% | 5% |
The commission that IB receives from Level 2 Clients will be calculated from the commission that the company pays to Sub-IBs for all account types.
Example: Suppose that your Introducing Broker (Sub-IB) is at the Premier level and your Sub Client uses a Standard account to trade 1 lot of USOIL energy commodities with a 35 pips spread.
The calculation according to the formula is as follows:
5% (percentage) × 14 USD (commission of Sub-IB) = 0.7 USD.
Note
The Standard, Standard+, and Pro accounts have a different formula compared to the Raw account.
- The commission for Level 1 will be calculated based on the trading percentage of the clients you have introduced, while Level 2 will be calculated based on the commission that the company pays to your Sub-IB.
- Pip Value = Pip Size × Contract Size × Volume
- Spread = Spread at the opening price
- Bonus Rate = Balance / Margin*
* If the result of the bonus rate calculation is greater than 1, the bonus ratio will be considered as 1. If the calculation is less than 1, the bonus ratio will equal that value.
