V4.0.0 - Introduction of New IB Commission Payout Model: Spread Percentage
Learn about all the details of all our recent CRM updates here.
Last updated
Learn about all the details of all our recent CRM updates here.
Last updated
Released Date - 19 Mar 2022
We are excited to announce the introduction of a new commission payout model for IBs: Spread Percentage. With this feature, you now have the ability to configure IB commissions to be paid out as a percentage of the spread, offering enhanced flexibility and customization options for commission structures.
This commission structure exclusively applies to MT5 only.
The calculation formula for the spread payout = Spread (Ask - Bid) x rebate parameter x lot size.
For instance, if a client trades 1 lot of USDJPY, with an entry ask price of 118.888 and an entry bid price of 118.868, the spread is calculated as (118.888 - 118.868) = 20 pips. Consequently, the IB receives a rebate: 20 pips * 20% * 1 lot = 4 USD.
