Important Update: New Rebate Calculation Formula Effective Next Monday ( 14 October 2024)
At IQXTrade, we are committed to maintaining transparency and ensuring that our partners receive the most accurate and fair compensation for their efforts. As part of this commitment, we are updating our rebate calculation formula, effective from next Monday.
What’s Changing?
Starting next Monday, rebates for our partners will only be calculated for trades that remain open for at least 60 seconds before being closed. If a trade is closed in less than 60 seconds, no rebate will be applied.
Why This Change?
This adjustment is designed to encourage sustainable trading practices and ensure that rebates are calculated based on meaningful trading activity. It also aligns with industry standards to better serve our partners and clients while keeping our platform reliable and fair.
What Does This Mean for You?
- Only trades that are open for 60 seconds or longer will qualify for rebate calculations.
- If you close a trade in less than 60 seconds, it will not generate a rebate.
We believe this change will improve the overall trading experience for our partners by fostering healthier trading patterns.
Questions?
If you have any questions or need further clarification about the new rebate formula, feel free to reach out to our support team at support@iqxtrade.com.
Thank you for your continued partnership and trust in IQXTrade.
