Adding commissions to your brokerage? Here's what TFB can offer
Author: Albina Zhdanova
There are many services and offers that brokers can provide to their traders. And there are different ways they can charge them for these services.
In today’s article, we want to share what kind of commissions are available to brokers partnering with TFB.
TFB PAMM commissions
When talking about commissions, it makes sense to start with TFB PAMM - an advanced money management system that offers a wide selection of commissions to brokers that are also transparent, smart, and easy to track.
- Performance fee - calculated as the Investor’s profit percentage and is charged only from the income that the Investor accrued after they were assigned to a Money Manager (MM).
- Management fee - a one-time commission charged when an Investor transfers funds to the MM. Withdrawing the same funds and returning them to the MM account will trigger the commission again.
- Annual management fee - is calculated annually but charged monthly in installments based on the Investor’s balance when they are attached to the MM.
- Per Lot/Per Deal fee - is charged as a fixed number per each traded lot or deal.
- Personal investment fee - personal commissions designed for individual investors. If personal fees are not configured, default MM fees are applied.
To learn more about TFB PAMM’s commissions, please read the blog post dedicated to this topic.
Commission Charge
Commission Charge is an application that enables brokers to perform balance operations using a friendly interface. It is a secure solution that requires authorization to do anything and uses password keys stored in an SQLite database.
Besides security, the Commission Charge offers automation to balance operations, allowing brokers to save time, avoid mistakes, and focus on more urgent and essential tasks.
Symbol Commission Application
The Symbol Commission Application helps brokers charge a commission for any individual symbol from any security for a specific group.
The commission is withheld as a withdrawal balance operation with the order ticket specified in the comment. There are three types of commission:
- Money
- Percentage
- Points
Commission can be charged for closing a trade, and the two calculation bases are Per Lot and Per Deal.
MLAC
MLAC, or the Multi-Level Agent Commission, is an application that helps brokers create hierarchical rebate structures using the MetaTrader Manager.
With MLAC, brokers can create a custom rebate system that makes the most sense to their business. There is no limit on the rebate levels in each structure, and the application is flexible in terms of rebate types, offering it in pips, percentage from spread, and amount of currency.
If you’d like to learn more about the solutions we discussed today or any other TFB products, please email us at sales@t4b.com.
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