Partner Conditions
Commission calculation
Partner commission – is the percentage of a spread for Cent Lite, Cent, Classic Lite and Classic accounts. (Spread – is a difference between buy and sell prices). For Cent NDD and Classic NDD accounts partner commission is the percentage of spread + percentage of client’s commission. For the Pro STP type of accounts – it is a percentage of client’s commission only.
Commission is paid every hour. This period can be extended in future.
In your “Account History” you’ll see orders like this: C:LTA:43083669:44074011:2110. This contains five pieces of information, each separated by a colon (:). Here is what each piece of information means, in the order they appear:
- Commission identifier
- Partnership scheme identifier
- Number of the first order included in this batch
- Number of the last order included in this batch
- Total number of orders in the batch
Access your statistics in Partner Room, “Associated clients” section.
Please note that to earn partner commission the Client has to observe MTP requirement.
Min Trade Points (MTP) – is a minimum level of order in pips, a client has to observe in order to earn commission.
On Cent Lite, Cent, Classic Lite, Classic accounts MTP is being used in spread payouts. On Classic NDD and Cent NDD Minimum Trade Points – in both spread and commission payouts. MTP condition doesn’t apply to Pro STP account – we pay partner commission for each order your client opens.
Partner commission payouts on Cent NDD and Classic NDD accounts
Multilevel
Commission is calculated based on the percentage of a spread, fixed when the order is being closed + percentage of commission paid by attracted clients for opening new orders. Commission is 50% of the spread + 50% of commission, paid by attracted clients for opening a new order.
Example: a client closes 1 lot of USD/CHF order with 10 pips distance between open and close prices. Client pays commission of 8 USD and 2.5 points of spread total 25 USD. In this case a partner earns 50% commission of 8 USD commission, plus 50% of 26.5 USD spread – 13.25 USD, which totals 17.25 USD.
Inroducing brokers
Commission is 65% of the spread + 65% of commission, paid by attracted clients for opening an order.
Example: a client closes 1 lot of USD/CHF order with 10 pips distance between open and close prices. Client pays commission of 8 USD and 2.5 points of the spread which totals 26.5 USD. In this case a partner earns 65% commission of 8 USD commission, which would be 5.2$ and 65% of $26.5 spread, 17.25 USD total, i.e 22.43$.
Partner commission payouts on PRO STP accounts
Reward is paid only from commission charged for every client’s order. The main advantage of attracting clients to Pro STP account is that this type of account doesn’t require MTP. Therefore you earn commission for every order your client opens. Remuneration can be up to 70% of a client’s commission for a lot depends on the amount of order. Partner commission is calculated at the end of each day after a client receives a rebate for the order.
PRO STP commissions table
| Clients order turnover index* | Client commission |
Partner reward |
|---|---|---|
| < 1500 | 20 USD | 50% |
| 1500 – 3750 | 16 USD | 55% |
| 3751 – 7500 | 13 USD | 60% |
| 7501 – 11250 | 10 USD | 65% |
| > 11250 | 8 USD | 70% |
* Order turnover index = SUM Volume / AVERAGE Equity.
(Sum volume and average equity for last 30 days)
Examples of commission calculation on Pro STP
| Example 1: | |
|---|---|
| Order volume: | 50 000 |
| Average Equity for last 30 days: | 1 154 USD |
| Traded Volume for last 30 days: | 2 290 000 |
| Calculated order index: | 1984 = 2 290 000/USD 1 154 |
| Order commission by default rate (USD 10): | 5 USD = USD 10*0.5 lots |
| Order commission using new commission rate: | 4.5 USD = USD 9*0.5 lots |
| Order rebate: | 0.5 USD = USD 5 – USD 4.5 |
| Partner commission from order: | 2.47 USD = 4.5*0.55 |
| Example 2: | |
|---|---|
| Order volume: | 90 000 |
| Average Equity for last 30 days: | 2 253 USD |
| Traded Volume for last 30 days: | 9 570 000 |
| Calculated order index: | 4248 = 9 570 000/USD 2 253 |
| Order commission by default rate (USD 10): | 9 USD = USD 10*0.9 lots |
| Order commission using new commission rate: | 7.2 USD = USD 8*0.9 lots |
| Order rebate: | 1.8 USD = USD 9 – USD 7.2 |
| Partner commission from order: | 4.32 USD = 7.2*0.60 |
Auto Rebate for your costumers
Forex4you allows you to customize your partner program individually in accordance with your work: your turnover volume, the size of your client base, income, etc. At the moment we only have «Auto-rebate» service available. It allows you to reward your clients (for example for choosing your website to register Forex4you account). You can find out more about “Auto-rebate” service and set up your partner program through your Partner Room in “Partner program settings” section.
If you have any questions, please, consult our Customer support through your Trader Room or call our toll-free number: 022-265-130-61.
