Revolutionary IB program takes effect Monday, November 11
Supporting our status of cutting-edge member of the industry we would like to present you our new IB program aimed at the strengthening of the bond between OctaFX and our Introducing Brokers by considerably raising the IB commission.
We love innovations that are designed for the win-win state of affairs between partners. Recently we've reviewed the IB model, previously based on spread. It turned out to be not as highly profitable as expected both for us and our IBs. Our highly valued low spread failed to amuse one important entity of users — the Introducing Brokers. Being supportive we set a goal to improve IB conditions. Looking for the new formula of successful cooperation we came up with a whole new system that will change your concept of IB partnership forever. It will allow IBs to raise the income and become unstoppable on their way to the unlimited fortune.
“Only you and your ability to motivate your clients matter now. This new IB program places us in the same division of the most vanguard companies. Conscientious partners have never been so welcomed before. You can call it a pay rise”.
To cut a long story short we enumerate our advantages
Elevated profit & Progressive scale
The first thing that helps you earn more is our newly developed IB commission formula. It also gives you an eternal potential for your self-improvement as an IB. The scale is ultra-progressive and your profit depends on number of your active clients. The more clients you have the higher your IB rank is, the higher is your IB commission:
|Your IB rank||Number of your active clients||Commission per lot traded|
|1||0 — 4||1 USD per lot|
|2||5 — 14||3 USD per lot|
|3||15 — 29||6 USD per lot|
|4||30 — 59||9 USD per lot|
|5||60 — 99||12 USD per lot|
|6||100 — ∞||15 USD per lot|
As your client network grows you gain more profit. The aim to engage more clients in takes effort, but as you have reached highest rank you get an impressive amount of money.
IBs do not have to focus on our lowest spreads — IB commission is calculated in accordance with traded volume. Moreover, we consider the exact money rate per lot to be more motivating.
You don’t have to review excessive data in your IB commission reports no more. We pay you more and it’s all transparent. Here is the Formula for commission calculation:
You will get your IB commission credited to your IB account once every 24 hours.
Newly designed IB Personal Area
IB Personal Area interface allows getting the gist of calculation process and becomes even more user-friendly. Review your raised commission in a brand new IB Personal Area.
Having any questions? Don't hesitate to contact our brilliant customers support — we can always find a perfect answer to your every question.
Reach prosperity being an OctaFX IB!