Our rebate system allows Introducing Brokers to pay a portion of their rewards (even up to 100%) back to their clients. As an IB, you can decide which referred clients you wish to pay rebates to, and at what rate. There are tools to group 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?
Rebate percentage can be set to be anything between 0% and 100%.
You can log in to your Personal Area to set up, approve and reject rebates. It is possible to create groups of 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 available to IBs, follow the link to explore the rebates area.
Rebates are paid daily to the selected clients who have closed any trades within the last 24 hours. Daily payments need to be approved by the partner.
Once rebates are set up from your PA, rebates will be automatically calculated for the selected clients every time you receive rewards. Total daily 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 clients; more information about this is available in the article about how to manage rebates.
Rebates cannot be set up for the below accounts: