Tier Level :
Tier Overview :
Tier Upgrade Requirements:
To qualify for promotion to the next tier, an IB must meet the required client & trading volume criteria within a 90-day evaluation period.
If the IB fails to meet the requirements for promotion, they will remain in their current tier until the next evaluation.
Tier changes will follow a one-step progression system.
A grace period of up to one month will be granted to IBs to meet their requirements after receiving a warning about underperformance.
After the grace period, if the IB brings in a lower volume than their current tier requirements, they will be moved to a lower tier that aligns with their performance.
Any activity that violates company policy, the terms of engagement, or leads to non-performance will result in an immediate downgrade to the Silver Tier.
Notes:
"Active Clients" are clients who have executed at least 3 qualifying closed lots within the past 90 days.
Only trades that meet all the following criteria will qualify for IB Commission:
-Trade duration of at least 180 seconds.
The Company reserves the right to amend the Fee Schedule and shall notify the IB in writing of any changes.
The Company reserves the right, at its sole and absolute discretion, to:
-Suspend, reduce, or entirely withhold IB Commission payments if it determines that the IB has failed to meet the requirements of this Appendix.
Reclaim any previously paid commissions if it is later found that the IB was not in compliance at the time such payments were made;
-Terminate the Agreement in the event of repeated or material non-compliance.
Nothing in this Appendix shall be construed as limiting the Company's other rights or remedies under the Agreement or applicable law.