Conditions
Conditions
Conditions of cooperation will depend on the total evaluation of your region, which includes:
- Area population (usually, we consider city/region centre with population desirably more then 500,000 people);
- Business activity (the level of infrastructure, trade development, market relationships, number and specific of leading firms in the area);
- Level of internet spread and popularity;
- Existing competitors (number of companies offering competitive services in the forex market or stock exchange);
- Level of start-up preparation (minimum workspace standards: existing office, employees, experienced senior management and availabilities for business meetings.)
According to the meeting criteria, the application can be accepted or denied. If the application was highly evaluated, the company might include the candidate from the area to the region branch.
Types of cooperation:
- profit share (% of the net profit);
- pip rebates (% of the spread).
PROFIT SHARE.
The profit of trade delegates is 50% of company's net profit. Minimum financial support for the trade delegates can be increased in case of advertisement needs (up to 50% of ads expenses). It usually concerns those trade delegates, who reached a stable and dynamic growth and guarantee a professional growth of its employees. Trade delegates will be supported by technical means in developing the web site, including hosting and domain (third level domain), and also a managerial terminal of the trade platform for clients monitoring.
Approximate plan of expenses for regions (Program-minimum):
| Organisational expenses | Price |
|---|---|
| Legal entity registration |
400-500 USD |
| Web site construction |
500-1500 USD |
| Furniture and equipment expenses | |
| Computers (2 working places) |
1600 USD |
| Printer, fax |
400-500 USD |
| Office furniture (2 working places) |
1000 USD |
| Total set-up expenses |
3900-5100 USD |
| Every month expenses |
|
| Office rent |
600-1000 USD |
| Employee's month pay: |
|
| - senior manager |
800-1000 USD |
| - office-manager |
500-800 USD |
| - office cleaning |
100-150 USD |
| Telephone and Internet |
300-400 USD |
| Advertisement expenses |
1000-2000 USD |
| Total month expenses |
3300-5350 USD |
| *TOTAL average expenses for 6 month | 30450 USD |
* Average expenses for 6 month require sales break-even in average within one year (month profit>=month expense).
Program-minimum includes education courses (lectures), market consultations (consultant-analytic), which contributes in average 8 000 USD for 6 month.
PIP REBATES.
This type of cooperation will be run consistent with point charge of Trade Points Program - 50% of the spread.
The table of agents' commission in points, concerning the currency pairs, volumes and account types.
| Cents accounts | Other accounts | Min Trade Points | |||||
|---|---|---|---|---|---|---|---|
| Currency pairs, Volumes in lots | 0.01-100 | 100-1000 | 1000-10000 | 0.1-1 | 1-10 | >10 | |
| EURUSD |
1 | 1.1 | 1.2 | 1 | 1.1 | 1.2 | 5 |
| GBPUSD, USDJPY, EURJPY, #C, #AA, #GE, #GM, #INTC, #JPM, #MSFT, #XOM | 1.5 | 1.65 | 1.8 | 1.5 | 1.65 | 1.8 | 7 |
| EURGBP | 1.5 | 1.65 | 1.8 | 1.5 | 1.65 | 1.8 | 20 |
| USDCHF, USDCAD, AUDUSD, NZDUSD, EURCHF | 2 | 2.2 | 2.4 | 2 | 2.2 | 2.4 | 10 |
| AUDJPY, SILVER, EURCAD, CADJPY, GPBJPY | 2.5 | 2.75 | 3 | 2.5 | 2.75 | 3 | 12 |
| GPBCHF, CADCHF, CHFJPY, AUDCHF, AUDCAD, NZDJPY | 4 | 4.4 | 4.8 | 4 | 4.4 | 4.8 | 20 |
| EURAUD, GBPCAD, GBPAUD, USDHKD, EURNZD, AUDNZD, USDSGD | 5 | 5.5 | 6 | 5 | 5.5 | 6 | 25 |
| NZDCHF, NZDCAD | 7.5 | 8.25 | 9 | 7.5 | 8.25 | 9 | 37 |
| EURHKD, USDDKK | 15 | 16.5 | 18 | 15 | 16.5 | 18 | 75 |
| USDNOK, USDSEK, GOLD, #ES8, #NQ8, #QM8, #QG8, #C8 | 50 | 55 | 60 | 50 | 55 | 60 | 250 |
| USDMXN | 75 | 82.5 | 90 | 75 | 82.5 | 90 | 375 |
| USDZAR | 125 | 137.5 | 150 | 125 | 137.5 | 150 | 625 |
Notes for the table:
Notes are mentioned for the points for every currency pair;
Min Trade Points - minimum level of a trade for agent commission charge, in points.
Monitoring variations for engaged clients depend on the program calculations:
| | Profit share | Pip rebates |
|---|---|---|
| Engaged client's accounts monitoring in Partner Room | Yes | Yes |
| Real time managerial terminal monitoring of client's trades | Yes | Yes |
| Availability to trade on Partner's account | Yes | Yes |
Attention! Our company takes all the risks associated with the clients' trades. Before you registered, you need to be able to answer the following questions:
1. How do the forex brokers and IB's earn the profit?
2. What are the security for clients exist, working through a forex broker.
Our company has priorities to build cooperation with experienced brokers firstly (companies or IBs).
Important! We offer an opportunity of choice between the % of profit and the % of turnover (points) for every single client. So, our representative can engage the client to his agent's account, which is automatically opened after the registration. In this case, the representative is getting the points for the engaged client. There is no other way.
If you want to change the % of profit type to % of turnover type (points), the commission will be calculated accordingly. Therefore all the losses of the old type will be compensated by the new type until the profit is reached. This opportunity is very convenient for "putting" the risk on our company. In other words point's calculation will be executed independently, taking into consideration the fixed results of % of profit type.
If you represent the interests of another company and interested in cooperation with us, we can consider more attractive conditions for you.
In case of trade delegate's turnover from 1000 lots a month, all the clients in the region can be additionally joined to the trade delegate (all the data will be displayed in managerial terminal and commission will be charged respectively).
We intend to build the partnership with reliable and honest partners. For this reason, firstly make sure that your area can provide clients to obtain services of our company.
Every partner has one account. All of the commission from all of the clients' accounts of different account types and currencies go to the one partner's account in the account currency.
Account activation for regional partners is manually executed.
Even if the partner's registration procedure is automatically completed, we always preserve the right to cancel partnership program where the account was suspected to perform one or more forbidden activities.
You can open an account here:
Partner Room options, where you can:
- Register an engaged client;
- Monitor news for partners;
- Request the funds withdrawal;
- Deal with a group of accounts;
- Overlook account information of engaged clients (account number, name, account balance);
- Request the funds withdrawal to another trade account;
- Change the password and account details;
- Publish suggestions/complains concerning the service;
- Downloads ads material (banners).
For the aims of promoting the company's service we can supply you with published materials (booklets, promotional materials).
Partnership relationships for regional trade delegates are structured in a form of agreement. It is possible to read the agreement form of trade delegates after registration and acceptance of the application.
We offer one of the best trade conditions and high level of client support service. If you are interested to obtain an additional or main profit from engaged clients in highly developing company and you see the further opportunities for growth in your region, please fill the form.
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