There is no limit on the number of clients or introducers which can be linked to a single account, either directly or indirectly. The cTrader Partner Program supports unlimited levels of IBs. This allows IBs to profit if their clients also become IBs and continue to profit if those clients also recruit IBs. Sub-IBs help their parent IB to achieve their goals and climb the rank structure set for them.
Ranks and Rewards
To motivate their partners to trade higher volumes, brokers can offer up to 10 ranks. Each rank will have specific criteria which must be met and, once achieved, the partner will receive the higher compensation applied to the rank. All settings are highly flexible, allowing brokers to offer a unique partnership program which directly reflects their IBs’ objectives.
Flexible Remuneration Models
To ensure maximum flexibility, the cTrader Partner Program supports a variety of remuneration models. All settings are configured per symbol in both, Pips and Commission, on a per partner basis. The payouts are realized at midnight UTC each day. Everything is automatically processed by the system, so nothing needs to be done by the broker.
IBs are paid a fixed amount. Parent-IBs, if they exist, get paid a percentage of that fixed amount, which varies depending on the rank of their Sub-IB. The Parent-IBs percentage is paid directly by the Sub-IB.
A fixed amount is applied and this is the maximum amount the IB can earn. The percentages which are applied to ranks determine the percentage of this total amount that is paid to the IB and what is shared with the Parent-IB.
IBs get paid a percentage of the markup and commissions which are charged to their clients. Percentages are configured to determine how markup and commissions are shared between the IB, the Parent-IB and the broker. Percentages are adjustable per rank.
Benefit from a highly customizable partnership program functionality that offers flexible schemes and a variety of tools to achieve desired objectives.
IB Promotional Tools
cTrader Partner Program equips IBs with a range of marketing tools to help them promote their services, motivate clients and track their performance.
Retention and Incentives
IBs can reward their clients with credits and rebates which are fully controlled by the broker and can be enabled or disabled at any time. These tools help IBs incentivize their clients to trade higher volumes, helping them to earn more and reach higher ranks.
Unique Tracking Links
IBs can generate trackable links which are unique to their trading accounts. Each IB can have multiple IB accounts with each of their brokers. Each of these accounts will have a unique tracking link. This allows IBs to use different trading accounts for each promotional channel and evaluate performance per channel.
As a native feature of cTrader, it provides access to other platform applications, such as cTrader Copy. cTrader Copy is a flexible investment platform and a copy trading service of cTrader. This way IBs can provide their trading strategy to traders to follow, all in one platform.
cTrader IBs have access to the Spotware’s Marketing Portal where they can find a range of cTrader marketing materials and tools to help them promote their services to prospective traders.
Maximize your profits by offering your clients a trading platform which supports them not only as traders but also partners and delivers the ultimate all-inclusive trading experience.
Monitoring and Reporting
cTrader Partner Program already supports all the reporting and administration needs of brokers and IBs.
Partner Program in cBroker
Partner Program is a dedicated IB application of cBroker. It allows brokers to manage all of their IBs, review any requests submitted by traders to become IBs, view a summary of all IB accounts and easily track all transactions.
Partner Center in cTrader
cTrader Partner Center is a single interface that has everything IBs need for management and retention of their clients across all brokers. From the cTrader Partner Center, IBs can view all direct clients, their balance, current volume, contact information, when they created their account, when they last logged in, a complete history of all their trades and revenues from every single trade.
Both, brokers and IBs, can generate detailed and real-time reports of their earnings and progress, export information and view summaries broken down into useful categories. All calculations are done automatically which reduces manual work to a minimum.