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Alpari Introduces Remuneration System for NDD and ECN Accounts

Publication Date: March 26, 2010

Dear IB Representatives and Web Representatives,

We’re happy to inform you that starting April 1, 2010, Alpari is introducing a remuneration system for the following types of accounts: classic.ndd.mt4 and pro.ecn.mt4.

The remuneration for IB Representatives and Web Representatives on classic.ndd.mt4 accounts amounts to $2 per lot when a Client makes a full transaction (position was opened and then closed).

The remuneration for IB Representatives and Web Representatives on pro.ecn.mt4 accounts will be calculated sequentially based on the Client’s trading turnover and the commission charged to the Client:

  • For a trading turnover up to 500 mln USD and a commission of 60 USD for a completed transaction (position was opened and then closed), the remuneration of the IB Representative and Web Representative amounts to $20;
  • For a trading turnover from 500 mln to 1 bln USD and a commission of 50 USD for a completed transaction (position was opened and then closed), the remuneration of the IB Representative and Web Representative amounts to $16;
  • For a trading turnover over 1 bln USD and a commission of 40 USD for a completed transaction (position was opened and then closed), the remuneration of the IB Representative and Web Representative amounts to $12.

The credit of remuneration for these types of accounts will take place each month before the 15th, following the statement.

Remuneration on classic.ndd.mt4 and pro.ecn.mt4 accounts opened before April 1, 2010 will be credited to the agent account by May 15, 2010.

Best Regards,
Alpari NZ Partnership Programmes Department

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