How to Setup Your Prop Broker (Full)
Prop Trading Back Office User Guide
  • How To Setup Your Prop Broker
  • 1. Branding Setup
    • Domain Settings
    • Brand Settings
    • Login Page Configuration
    • Navigation Settings
  • 2. User & Role Management
    • Role Management
    • User Management
  • 3. Client Onboarding Process
    • Registration Form
    • Onboarding Flow
    • KYC Policies
    • Client Registration Process
    • Client KYC Process
  • 4. Client Group Settings
    • Client Groups
    • Sensitive Fields
  • 5. Referral Program Settings
    • Referral Program Banner
  • 6. Deposit Settings
    • Deposit Account Settings
    • Payment Method Settings
    • Payment Gateway Icon
    • PSP Settings
  • 7. Withdrawal Settings
    • Withdrawal Account Settings
    • Withdrawal Method Settings
    • Match2Pay Withdrawal
  • 8. Trading Platform Settings
    • Synchronization with CRM
  • 9. IB Commission Settings
    • Ranks
    • Symbol Groups
    • Rule Settings
    • Fixed Commission Scheme
    • Flexible Commission Scheme
    • Commission Calculations
  • 10. Email Settings
    • Email Provider
    • Notification Templates
  • 11. Approval Settings
    • Types of Approval Methods
    • Approval Method Settings
    • Multi-Level Approval
  • 12. Promotional Link Settings
    • Creating Promotional Links
    • Sharing Promotional Links
    • Viewing Performance Analytics of Promotional Links
    • Application of Promotional Links
  • 13. Prop Trading Settings
    • Marketplace Installation & Permission Settings
    • Prop Challenge Structure
    • Prop Challenge Menus
    • Prop Challenge Dashboard
    • Viewing Prop Challenges
    • Setting Up Prop Challenges
    • Editing Prop Challenge Settings
    • Deleting Prop Challenges
    • Participants
    • Challenge Statistics
    • Profit Sharing
    • Participating in Prop Challenges
    • Prop Trading Challenges
  • 14. Coupons & Promo Codes
    • Marketplace Installation & Permission Settings
    • Coupons
    • Promo Codes
  • 15. Go Live
  • 16. Other Functionalities
Powered by GitBook
On this page
  1. 11. Approval Settings

Types of Approval Methods

Previous11. Approval SettingsNextApproval Method Settings

Last updated 9 months ago

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.