Symptom
The ability to create a CPA type of commissions on the Partners Portal.
Cost Per Acquisition (CPA) commission type results to a “once off” payout to a partner, once the affiliated trader has met the requirements configured within the commission plan.
Resolution
There are 3 steps in order to successfully configure a Trading commission.
Allocate the correct trader groups where the commissions will apply.( click here to learn how trader groups are allocated )
Set the desired distribution type.
Configure the payouts calculation.
To create a CPA commission, Navigate to:
IB portal > Commission Plan
Choose an existing or the newly created commission plan from the drop down
Select one of the two CPA distribution types available:
Tier: Pay out amount can done to 5 tiers but this is not mandatory, only tier 1 is required (Amount T1)
Multi Level: Commission will be distributed only to the direct partner (level 1), other levels are distributed using Multi Level setup agreed between each level. Pays out in percentage.
Click New and fill out all required fields
Then press Submit
Tier:
Multi Level:
Important Note:
Required fields are:
Level - Should be ordered from least significant to significant. Levels should begin from 1 to higher (does not have an absolute maximum).
Ft.Dep (first time deposit) - The amount to be considered as a first time deposit from a trader and for which the commission should be granted to partner.
First time deposit is automatically set as the first transaction that a trader performs on any of the active trading accounts. Any subsequent deposits, should they also be aggregated as FTDs should be manually set from the Partners Portal user through the IB Portal > Deposits . More information can be found here ( a hyperlink to be placed here to describe the deposits page functionality on partners portal)
Ft.Dep CCY (first time deposit currency) - This is currency for amount of first time deposit. (e.g. EUR, USD, GDP).
This currency is based on currency of commission plan.
This field is informative and can’t be selected. If changes need to made on currency it can be done only on commission plan which will affect all currencies under that commission plan.
Trade - You have to specify amount of trading unit in Lots.
Trade Unit - You have to select from dropdown menu one of the available trade unit (e.g. Lots).
Amount T1 - Is the first level and it is required to define amount for this tier. Amount T1 is the direct commission to be received from Trader.
Amount CCY (amount currency) - this is currency for tiers amount (e.g. EUR, USD, GDP).
This field is informative and can’t be selected. If changes need to made on currency it can be done only on commission plan which will affect all currencies under that commission plan.
Optional Field:
Time Frame (Days) - Represents the time range during which deposit and trade conditions should be satisfied in order for commission to be paid.
Should Time Frame field left empty, then no time range will be taken into consideration.
As a result, when criteria will be satisfied, the payout will be executed according to the denoted payment calculation frequency of the plan. e.g. if the frequency is set to “Instant” then the payout will be executed as early as the next working day.
Keywords
Partners, Portal, Commission, Multi, Tiers, CPA
Product
All versions of the Partners Portal
Attachment
No Attachment