Professional Documents
Culture Documents
1. Subject to the terms and conditions stated herein above, the Affiliate is entitled to
receive compensation as per the provisions set forth within Appendix A herein.
A. CPA Basis
The Affiliate will be remunerated on a CPA basis in accordance with the Levels of
payout represented and described within Table 1 below and only if the Qualifying Trader
meets the conditions therein within the Qualifying period.
a. It is understood that, subject to the present Terms and Conditions, the CPA shall
be paid once per Qualified Trader.
d. In the event, a Qualified Trader fails during the Qualifying Period to meet the
KPIs as defined in the applicable Level and meets, however, the KPIs of any
lower Level, the Affiliate shall receive the CPA which corresponds to that lower
Level.
e. Only positions that are open for more than 1 (one) minute will be eligible for the
calculation of the minimum traded volume.
f. It is understood that the Affiliate shall not be entitled to any added CPA and/or
payment if the Qualified Trader exceeds the KPIs during the Qualifying Period.
g. Payments shall be executed within the period from the 1st till the 5th day of the
month following the Qualifying Period, or if this shall be a public holiday or
weekend, the next working day thereafter
TABLE 1. KPIs & LEVELS FOR CPA PAYOUTS
B. Non-CPA Basis:
a) The Affiliate will be remunerated on a Non-CPA basis in the cases where any Trader
has failed to meet the KPIs within Table 1 above or any lower Level within Table 1
above during the Qualifying Period.
b) The Affiliate shall earn remuneration based on sub paragraphs (i) – (iii) below,
depending on the Account type where the Affiliate’s Traders are trading during the
Qualifying Period.
(ii) Remuneration breakdown per ECN MT4 and ECN MT5 Account based
on commission charged during the Qualifying Period:
It is understood that the total payout per Non-Qualified Trader under the Non-CPA basis
cannot exceed the amount of the maximum CPA of the Levels within Table 1 above.
1
. A Lot shall mean the Lot Size defined in the Contracts Specifications page of www.forextime.com and
www.forextime.com/eu. For Cent Account, full completed standard lot shall mean 100 cent lots (0.01).
STAGE 2 / DYNAMIC BASIS:
a) Qualified and Non-Qualified Traders referred to by the Affiliate as per Stage 1 above
herein, following the completion of the Qualifying Period, will be switched to Stage
2 Dynamic Basis remuneration scheme.
b) As such, the Affiliate will be remunerated in the form of Fixed USD per lot and/or
percentage of spread/commission charged for the services offered, based on the
volume traded in the Accounts of Qualified & Non-Qualified Traders after the end
of the Qualifying Period as indicated in Table 2 below.
c) In order for an Affiliate to be upgraded to a certain Fixed USD per lot level and/or
rebate level (please refer to the table below, for the detailed information), he/she
will need to maintain a certain number of MAC within weekly payment cycle.
d) This Scheme is only available for Standard, Cent and ECN Zero accounts of
MyFXTM:
e) The below Scheme is applied for all accounts of FXTM apart from the Standard, Cent and ECN
Zero Accounts as mentioned above.
• The amount of Fixed USD per lot and/or rebate, shall increase as provided in the
table above, based on the total Volume calculated at the end of each weekly payment cycle.
• In cases where volume decreases, the amount of Fixed USD per lot and/or rebate
shall remain the same for 2 consecutive payment cycles. Should trading volume continue
to decrease thereafter, Fixed USD per lot and/or rebates shall also decrease as of the 3rd
payment cycle according to the Fixed USD per lot and/or rebate, identified in the Tables
above herein.
Example:
If the Volume of Introducer’s Clients within a week comes up to 200 Standard Lots, but
the number of active clients is 15, then the Introducer will be entitled to $6.00 USD Fixed
per Lot from every Standard Lot traded by the clients’ within the week.
The Weekly Payment will be scheduled for Monday, or if this shall be a Bank holiday, the
next working day thereafter.
END OF DOCUMENT
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*The Volume shall be calculated based on the weekly total volume traded by the Trader under the
Affiliate in a given week.
**Lots shall mean Standard Lots round turn and shall exclude from the calculation of Volume all
transactions opened and closed in less than or equal to 1 (one) minute.