Take for example the Kingfin partnership agreement, which has some interesting terms of affiliate commission (the most interesting stuff is underlined):
Quote:
1. Charging of partner commission
1.1 The partner commission is a reward in the amount of 3% from the sum, involved in each transaction of the clients, brought by the Partner.
1.2 Partner's commission shall not exceed 80% of the total amount of deposits attracted by him at that moment.
All operations on an Introducing Broker's account (payments, accruals and payouts) are performed in US dollars
The Company bears the financial costs of transfer when a Partner withdraws the commission accrued to him from his account.
1.5 To be able to withdraw the Partner's commission, it must amount to $10 or more.
1.6 The Partner's commission is withdrawn within 3-5 business days upon request.
1.7. In order to accrue an affiliate commission, a trader's turnover shall be equal to the deposit paid or exceed the deposit on that day.
1.8 Partner's commission is paid in the first month of the trader's life.
Benefit to partners here is debatable. And these few points are constantly changing, not in favor of partners, but apparently with the sole purpose - to keep as much clients' funds as possible in the company, they are too greedy to share them even with partners.
And if you take an agreement with another company on affiliate commission:
Quote:
3. Order of settlements with partners
3.1 Partner's commission is charged in the form of 3% of each transaction of partner's clients, but no more than 100% of the deposits.
3.2 When withdrawing from the account, the Company bears the expenses and transfer commission. 3.3.
The minimum amount of Partner's commission is $10. 3.4.
3.4 The commission is paid for life.
3.5 Affiliate commission is paid twice a month from the 1st to the 5th and from the 15th to the 20th.
I do not impose anything and I do not want to insult anyone, everyone earns as they can. My purely personal opinion is that partners need to be treated with respect and clients will come!
This review reflects the subjective opinion of the user, and not the official position of the editors.