Rebate is a partial or full refund of the spread to clients from a partner within the IB partner program.
Partner can motivate potential clients to register with your Partner account by sharing a percentage of the commission received with your client (rebate). It can be paid to each referral separately or to a group of accounts simultaneously.
The IB partner is the one to choose what percentage of the partner commission is going to be returned to clients. Payment is made on Monday of each week.
You can manage your Rebate settings in your Partner Area, by clicking “Rebate” in the side menu or following this link.
The page displays:
Balance - partner account balance available for withdrawal;
Commission - the total amount of the accrued commission for the current week;
To be paid - the current amount to be paid for the current week, calculated based on the set rebate percentage and clients' trading.
To get more information on each point, click on the Information icon next to the title.
How to add an account for rebate settings:
Click on the "Set" button to open the Rebate settings form, designed to set the % rebate on the accounts of the partner's clients.
2. Enter the account number of the client who will receive the rebate and set the percentage of payment.
3. After setting up the bonus, in the lower block we will see all the accounts that receive the bonus and the payment history.
