Changes in the affiliate program
17:05 13 January /2015 Program affiliasi
Dear clients and partners
TenkoFX Commercial Department is the process of re-evaluating the efficiency of our partnership program. We came to realize that some features of the program are neither efficient nor desirable from the point of simplicity and partner evaluation aspects. We want to keep our partner relations simple, transparent and understandable.
Starting from the 19th January automatic participation in multilevel commission-scheme will no longer be applicable to our partnership program. Each partner will be treated, evaluated and dealt with as an independent unit. In addition, we introduce performance threshold to commission payouts.
Below are the additional rules that will be applied going forward.
1. Commissions will accrue starting from the first client. However, accrued amount is payable only if you have 10 active clients each with minimum trading volume of 1 lot within the last 90 days.
2. Minimum partner commission withdrawal amounts introduced – Agent: 200 USD, Introducing Broker (IB): 500 USD. Smaller amounts will not be credited to your MoneyBox.
Separately, we announce amnesty on non-genuine client assignments that occurred in the past and were aimed to maximize commission payout. Existing partners are invited to send us an e-mail (to: [email protected]) and ask to re-assign the client to another primary partner within the existing partner hierarchy. Client shifts across different hierarchies will not be allowed.