Manage IB levels
PreviousRun the Introducing Brokers (IB) programNextCustomize the IB partnership settings of investment accounts
Last updated
Last updated
It’s possible to add one or more IB levels that determine reward distribution between partners who referred new investors to the B2COPY investment platform and owners of master accounts to which those investors subscribed.
In a standalone B2COPY solution, IB levels are not supported. Instead, you can manually add IB partners for investment accounts (for details, refer to Customize the IB partnership settings of investment accounts).
For each IB level, specify the reward percentage paid to a partner. The total percentage specified for all IB levels can’t exceed 100%.
When a client is registered in the Web UI using a partner’s referral link and opens an investment account, the partners tree is created for the investment account based on the configured IB levels.
Go to Investment Platform and expand the required platform instance.
Go to Settings > IB Levels.
On the IB Levels page, click +Add.
In the Add level dialog box, the Level field displays the level index that can’t be modified.
In the Percent field, enter the reward percentage.
Click Save to add the IB level.
For investment accounts opened by clients that registered in the Web UI using a partner’s referral link, the partners tree is created based on the defined IB levels.
On the IB Levels page, click the Edit button located in the row of the IB level that you want to modify.
In the Percent field, change the reward percentage.
Click Save to apply the changes.
On the IB Levels page, click the Delete button located in the row of the IB level that you want to remove.
Click Yes in the confirmation popup to remove the selected IB level.
Example
Step 1. Suppose that three IB levels are configured with the following reward percentages:
Level 1 – 20%
Level 2 – 5%
Level 3 – 2%
Step 2. A client signs up as an IB partner and gets a referral link (for details, refer to How to join a partnership program).
Step 3. Another client opens a master account, creates a fee plan for it, and starts trading.
Step 4. A new client registers in the Web UI using the partner’s referral link, opens an investment account, and subscribes to the master account opened by the trader at Step 3.
After opening the investment account, the partners tree is created for it. The list of partners is displayed in a table under the As Investor section on the Partnership settings tab in the investment account details.
In this example, the list includes only the partner of the IB Level 1 who will receive 20% of the fee amounts charged from the investment account according to the fee plan of the master account to which the investment account is subscribed.
Step 5. Suppose that the fee amount of $200 is charged from the investment account. 20% of $200, which is $40, are deposited to the IB partner. The remaining amount of $160 is deposited to the trader who owns the master account to which the investment account is subscribed.
