As a partner, when your referrals trade with their bonus, a bonus coefficient is used to calculate the reward payout. It is calculated according to the following formula:
Bonus Coefficient = (Current Equity - Current Bonus*) / Current Equity*
*where both equity and bonus parameters are taken into account at the moment of order opening.
The partner reward receivable is inversely affected by the amount of bonus that makes up the equity on the referral’s trading account. This means that the more the equity is made up of bonus, the lesser the partner reward.
Let us look at an example:
Say your partner reward should be 10 USD.
Client's bonus amount at the moment of order opening is 50 USD and current equity at the moment of order opening is 200 USD.
Bonus coefficient = (Current Equity - Current Bonus) / Current Equity
Bonus coefficient = (200 - 50) / 200.
Bonus coefficient = 0.75
In this case the amount of reward you will get is calculated according to the following formula:
Reward amount = Partner reward x Bonus coefficient
Reward amount = 10 x 0.75 Reward amount = 7.5 USD