Our rebate system allows all Partners in the Introducing Brokers Program to pay a portion of their rewards (even up to 100%) back to their referred clients. As a Partner, you can decide which referred clients you wish to pay rebates to, and at what rate. There are tools to group your referred clients together so that you can pay them all out automatically, as well as set a single rate for the entire group at your convenience.
How much rebate can I pay back?
The rebate percentage can be set to be anything between 0% and 100%.
Managing rebates
You can log in to your Personal Area to set up, approve and reject rebates. It is possible to create groups of referred clients to make managing rebates more convenient for you. Follow the link for a detailed guide on how to manage rebates.
For a complete tour of all the features, follow the link to explore the rebates area.
Payment schedule
To set up rebates, first choose a payment period for the group; daily, weekly, or monthly. Next, choose if rebates will be automatic or manually paid. Manual rebates need to be approved by the partner no matter the rebate period.
Once rebates are set up from your PA, rebates will be automatically calculated for the selected referred clients every time you receive rewards. Total rebates will then await your approval in the Approval section of the Rebates tab, or be automatically distributed if you have selected automated approval on rebates for specific referred clients; more information about this is available in the article about how to manage rebates.
Exceptions
Rebates cannot be set up for the below accounts:
- Social_Standard
- Social_Pro
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