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FBS Markets Inc. Introducing Broker agreement
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5.2.1. Modify the code of promo materials, provided by the Company, available in the Personal Area. Should the fact of modification be revealed, the Company reserves a right to terminate this Agreement and cancel any
Introducing Broker compensation. 5.3. The limitations listed in p. 5.1 and 5.2 are in effect during the Agreement period and during 5 years after
the Agreement is terminated or voided. 5.4. In case, as a result of an Introducing Broker s failure to comply the conditions of this Agreement including
unauthorized activities or statements, the Company receives any sues, all the expenses losses of the Company must be fully compensated by an Introducing Broker. Losses in this case are any expenses the Company bears or
will bear to restore its rights and interests real losses as well as uncollected profits the Company would normally receive during normal business process if its interests were not harmed and property interests or business
reputation of the Company were not harmed as a result of an Introducing Broke r s failure to commit to this
Agreement. An Introducing Broker has no right to dispute the volume of the losses, the Company might claim to be compensated.
5.5. In case of an Introducing Broke r s breach of the conditions of this Agreement, the Company reserves a
right to block Introducing Bro ker s IB and real accounts until all the losses are covered. The Company has a right to
cover the losses caused by an Introducing Broker with the Introducing Broker compensation or any other payouts set forth in this andor Customer Agreement.
5.6. In case of any data match between an Introducing Broker and hisher referrals such as, but not limited to address, email, phone, IP addresses, etc the referral will be excluded from an Introducing Broke
r s referrals list. In case 2 or more real accounts are traded on from the same IP address, they are considered affiliates auto -referral,
and no compensation is paid for trading on them.
6. Principles of Introducing Broker ’s work and Clients acquirement
6.1. An Introducing Broker has a right to create a website dedicated to the Company s activity, containing
information about world financial markets and the Company s services, as set forth in p. 3 of this Agreement.
6.2. Clients registration and placing them to an Introducing Bro ker s group referrals list is performed in one
of the following ways: 6.2.1. A Client uses a referral link to enter the Company
s website. 6.2.2. A Client submits an Introducing Broke
r s referral ID during registration. 6.3. A Client has a right to decline hisher Introducing Broker and become a direct customer of the Company.
6.4. An Introducing Broker is prohibited to receive any compensation from trading on his own accounts or accounts belonging to hisher relatives or any other affiliated parties whether an Introducing Broker is an
individual or legal entity.
7. Commissions and Introducing Broker Fees
7.1. The Company pays the Introducing Broke r s Commission, in accordance with Conditions 7.3. and 7.4. below,
for each full transaction order, which was opened and then closed made by an acquired Client, who was introduced to the Company by an Introducing Broker.
7.2. The Introducing Broke r s Commission is paid in real time after each full transaction order, which was
opened and then closed, taking into account limitations specified in Condition 7.6. 7.3. The Introducing Broke
r s Commission for Micro and Standard accounts is 2.2 points for each complete transaction order, which was opened and then closed executed by an acquired Client. Thus the maximum
Commission an Introducing Broker gets cannot exceed a spread level at the time of an order closure. The difference between opening and closing price should exceed 5 points regardless of a deal being profitable or not.
7.3.1. The Introducing Broker s Commission for Micro and Standard accounts is composed of 2 parts: 1.6
points of the Commission are credited to an IB account in MetaTrader4 automatically after each order of an
Suite 5, Garden City Plaza, Mountain View Boulevard,BELMOPAN, Belize, C. A. Tel:+501-822-2990
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FBS Markets Inc. Introducing Broker agreement
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Introducing Broke r Client is closed; 0.6 points of the Commission are credited to an Introducing Broker s Extra
balance the Extra Commission within hisher Personal Area automatically.
7.3.2. The Extra Commission – is a part of the Introducing Broker s Commission, which is reflected on Extra
balance within an Introducing Broker s Personal Area and available for a withdrawal in conformity with trading results of Introducing Broker
s Clients of the first 3 levels. The Extra Commission is automatically transferred from an
Extra balance to an IB account balance in MetaTrader4 on the first day of each month in an amount corresponding to a number of lots, traded by the Introducing Broke
r s Clients of the first 3 levels within a previous month.
7.3.3. A transfer of the Extra Commission from an Extra balance to an IB account balance in MetaTrader4 is
executed for active IB accounts only. 7.3.4. An IB account is recognized to be Active only when at least one new Client acquired by an Introducing
Broker within a month executes a deposit via any payment option except an internal transfer and makes minimum one complete transaction order, which was opened and then closed in the course of a month.
7.3.5. Extra Commission can be withdrawn from an Active IB account as soon as credited to its balance in
MetaTrader4. 7.3.6. To calculate an amount of the
Extra Commission that should be transferred to a balance of an IB account in MetaTrader4 the following formula is used:
Amount of transfer = lot L10.5 +lot L20.4 + lot L30.3 7.4. The Introducing Broker s Commission for Unlimited
accounts is 15 from spread. The Commission is calculated due to the spread level at the time of an order closure. Thus, the maximum Commission an Introducing
Broker gets cannot exceed 1 point of spread for each complete transaction order, which was opened and then closed.
7.5. An Introducing Broker may claim the first withdrawal from an IB account only after the following conditions are met: IB account balance exceeds 5 USD and an Introducing Broker has at least 3 active referrals see Condition
7.6. A withdrawal amount cannot be less than 5 USD or equal in EUR. 7.6. A referral is deemed active when hisher account is deposited with at least 5 USD and has at least 1 full
transaction order, which was opened and then closed a month. 7.7. The Company reserves a right to modify Commissions and Introducing Broker Fees in accordance with
Condition 10.3 below. 7.8. In case the Introducing Br
oker s Commission from one Client s trades exceeds 30 of the total Introducing Broke
r s Commission for a period of 1 to 6 months before a withdrawal request, the Company reserves a right to cancel such a fee.
7.9. The Commission mentioned in Condition 7.1. above is the only type of fee paid by the Company to an Introducing Broker. There are no other fees that an Introducing Broker may lay claims to.
7.10. The Commission is paid in the U.S. dollars regardless of Introducing Broke r s referral accounts currency.
7.11. In case an Introducing Broker does not acquire at least one new Client with a deposit via any payment option except an internal transfer and one full transaction order, which was opened and then closed in the
course of a month, a Commission payment to hisher IB account is suspended. The Commission is resumed as soon as an Introducing Broke
r s new Client executes a deposit via any payment option except an internal transfer and makes the first full transaction order, which was opened and then closed.
7.12. In case an Introducing Broker does not acquire at least one new Client with a deposit via any payment option except an internal transfer and one full transaction order, which was opened and then closed in the
course of 3 months, hisher Clients list is deleted. However an Introducing Broker reserves the right to use hisher referral account and the referral link for the
purpose of referring potential Clients. In this case the Introducing Broke r s Commission is credited in accordance
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FBS Markets Inc. Introducing Broker agreement
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with Conditions 7.3. and 7.4.
8. Term of validity
