Introducing Agent Compensation
Standard Rebate – IntegrityFX pays the Introducing Agent (IA) the standard rebate of ½ (0.5) pip per round lot, or per trade. In order to receive this rebate, the IA must meet the following criteria:
- 300 Standard lots or 3000 Mini Lots in a month. This standard rebate is not cumulative. However, once the group has reached the required trading level, the rebate is applied retroactively.
- These requirements may be waived if the IA group has reached 15 active trading accounts.
Client Rebate – The IA may, if desired, negotiate an additional compensation of up to 1 additional pip per trade.
When marketing these rebates, it is essential to note that the standard rebate is paid by the broker, while the client rebate is paid by the client – per trade.
IntegrityFX will create the Commission schedule for Client rebate. Under no circumstances may an IA create or alter the Commission Schedule for clients.
Money Manager Compensation
A Money Manager (MM) has 3 options for compensation by clients:
- Client Rebate – MM’s may charge clients up to 1 pip per trade. This compensation is paid regardless of the MM’s performance.
- Management Fee – MM’s may charge up to 2% per year or .167 per month of the net equity of the account. This fee is charged to the client regardless of account performance.
- Performance Fee – MM’s may charge up to 50% of the profit. This fee is only paid when the MM produces on the client’s behalf.
More Information
Not sure what a pip or lot is? Please visit www.IntegrityFXEducation.com to learn more about Forex.
Note: IntegrityFXEducation.com is an education-only brand of Integrity FX, Inc.
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