HERE’S HOW IT WORKS:
In addition to traders, your IBs can sign other IBs up. The new IBs can in turn sign other IBs and traders up. We call this logic multi-tier IB structure. The commissions get deposited automatically without your involvement upon trade execution based on the settings you set (you only have to do it once) in your admin interface.
THE BENEFITS INCLUDE:
- Ability to offer sub or tiered IB structures
- Rebates distributed in Points, Percentage, or Cash values (identical to MT4 mathematics) to multiple sub IBs
- Lower trader expenses (the rebates are generated and posted at your expense; the trader is never billed for those)
- And best of all, this can be done on a shared whitelabel MT4 (No MT4 server plug-in needed)
This logic goes hand-in-hand with the social media viral effect. Facebook and LinkedIn signups significantly boost the multi-tier IB effect.
HOW TO SET THE GROUPS IN TRADER ROOM
1) Groups Section setup Traders/IBs /Security and Symbols/ Demo
a) First, you should set the Groups section in Trader Room (please note that groups should be set according to MT4 groups from MT4 manager).
b) Please press the Save Changes button when you finish to set the groups.