Types of Approval Methods

This is an abridged version of the user guide, highlighting essential features. To access the full version with detailed steps, kindly reach out to your dedicated Account Manager.

In the Approval Method Setting, you have the ability to configure the approval type for different request types. This allows you to define how client requests are handled and processed within your system. The available approval types are:

1. Manual

   • With this option selected, each client request will require manual approval or rejection by the broker.

   • This gives the broker full control over the approval process, allowing them to review and decide on each request individually.

2. Automatic

   • When this option is chosen, client requests will be automatically approved and processed without manual intervention.

   • Please note that automatic approval is not available for deposit requests made through offline payment methods or withdrawals.

   • Offline deposit methods, such as bank transfers, require manual verification by the broker before funds are deposited into the client's trading account.

   • Similarly, withdrawals need to be manually processed by the broker to initiate the funds transfer.

3. Partial Approval

   • This option is specifically applicable to deposit requests made through online payment methods. It allows for automatic approval or rejection of requests based on a specified threshold.

   • For example, if the requested deposit amount is below the threshold, it will be automatically approved, while amounts exceeding the threshold will require manual approval.

   • This feature streamlines the approval process for smaller deposit amounts.