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Thread: How to calculate IB commission

  1. #1
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    Default How to calculate IB commission

    A side job of a trader is becoming an IB (Introduce Broker), a lot of brokers who offer this affiliate program. To become an IB must initially be difficult especially if you are not familiar with the work of marketing. but with the IB system will help us to improve our expertise in the subject of sales, both online and offline. Traders who have many affiliates will usually get a lot of benefits obtained by the commission system provided by the broker.

    One of the brokers who provide these affiliates are TenkoFx the system offers incentives such as the following example:


    Then how the tips become successful IB? after this we will discuss how these tips in the next post

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    Research and participate in professional forums, social networks and blogs and start communicating with other traders. Do not be obsessed with attracting clients. Try to become an interesting companion. As the time goes by you join the global traders community and your circle of acquaintances will enlarge. This is one of the most difficult stages, therefore you will have to find your own way around. But when you find it your efforts will be repaid.

    In TenkoFx, you can get MULTI-LEVEL PARTNERSHIP SCHEME , Multi-level partnership program was created to account for clients brought in by a Web Partner or Introducing Broker’s sub-partners (Level 2 partners). The scheme allows for the senior partner (Level 1) to receive additional income of 15% of the commissions generated by their Level 2 partners. A Level 1 partner can have several Level 2 partners. See the chart below for the allocation of income between levels within a multi-level partnership.


    LEVEL 1 PARTNER EARNS:

    Up to 250$ per $1mln USD trading volume on their own clients
    PLUS an additional 15% on income generated by the Level 2 partner

    LEVEL 2 PARTNER EARNS:

    Up to 250$ per $1mln USD trading volume on their own clients
    PLUS the possibility to attract their own Level 2 partners to boost their income

    The multi-level partnership scheme is designed to be fair and to reward good performance, allowing for partner to be promoted to the senior level within the partnership (for details refer to specific partnership program). To ensure that all partners invest the same level of work and effort into the partnership, Level 1 partner cannot receive passive commission from Level 2 partner which exceed 5 000 USD per month.

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    Each broker has its own calculation of the commissions paid to the applicable regulations. in addition to the amount of commission that can be achieved by the trader, the trader can participate in the "INVITE YOUR FRIEND, GET $ 10 AND WIN $ 5,000".

    All of participants in this campaign will be automatically Enrolled Agent in our partnership program. Every transaction made by your friends entitles you to a commission, generating a steady stream of income for you.

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    As an Agent you have attracted 5 clients. Let’s assume that your clients jointly generate transactions to the volume of 100 lots (10-15 transactions each) on the EURUSD pair in a month. In this case the trading volume of your portfolio would be $13,625,000 USD (with EURUSD rate at 1.3625). With an Agent’s commission of $45 per $1mln USD your income would equal $613 USD per month.


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    Web Partnership is a three-level remuneration scheme. Depending on your trading volume you can reach the status of Specialist, Promo Master or Sales Leader. Each increase in status accrues a higher level of compensation. To upgrade your partnership status you will need to maintain a trading volume for a rolling 30-day period at the level specified below.




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    The terms of this type of partnership will be agreed separately with every partner involved. This is similar to the Web Partnership program, except that we will collaborate with Introducing Brokers on the local development of the company and we will support and finance activities to build the TenkoFX brand in each Introducing Broker’s region.


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    TENKOFX OFFERS FREE INFORMATION WIDGETS TO MAKE YOUR WEBSITE MORE USEFUL AND ATTRACTIVE.

    These free software widgets provide a customised feed of relevant and useful data. They update automatically, making your website more informative and dynamic, encouraging repeat visitors.

    All of our Forex informers have flexible setup options, so you can set them up according to the design of your website and your preferences.

    All you need to do is copy the code of the informer you want and paste it onto your page.

    If you are a partner of TenkoFX, your partner ID will be integrated into code of any informer widget you post on your site, as you are logged in to TenkoDESK. That means that everyone who joins TenkoFX as a result of a referral from your site will become your client, giving you the opportunity to earn long-term income as a commission on their trades.

    Warning: please do not change the underlying code of your informer widget. Source code integrity ensures proper functioning of the informer.


  8. #8
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    How often will I receive commissions?

    Information about commission is updated every day in your TenkoDESK. Commission is charged once a week.

    How can I get an affiliate link?

    Once your registration is complete, you will automatically become an Agent of the company.

    You'll find your reference link for attracting customers within the 'Partner' - 'Promotional materials' section of your TenkoDESK workspace.

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  10. #10
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    Advantages Facilitating Client Attraction

    • Comprehensive regulation and security;
    • Unique, user-friendly interface for clients;
    • Best trading platforms;
    • Low spreads;
    • ECN supporting technologies, providing a real ECN environment;
    • Choice of funds transfer and withdrawal methods;
    • Wide range of trading instruments;
    • Dedicated customer support;
    • Secure, independent platform for Money Managers.

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