I don't like to not get commissions from PAMMs

[getpaid2trade.com]

No one seems to understand the point of this post....

The original poster is an IB, not a trader, he is upset because if he refers another trader to FXOpen and that trader opens a PAMM account he, the IB, is not compensated as he would be if the referred trader opened a normal standard or micro account.

I myself have turned away managed account companies that manage 100's of 1000's of dollars because as an IB I would be bringing that business to FXOpen for NO compensation.

How does that make any sense????

[bigcat]

Just so I am absolutely clear -- can someone from FX Open answer these questions in regard to your statement on the Partnership page: "Refer new self-directed or managed account clients to FXOpen and earn a steady stream of compensation."

If I refer a client to FX Open, and the client opens an account under my link -- if that client decides to have their account traded under someone else's PAMM (a managed account), will I receive commissions for trades occurring in my referred client's account that is under the PAMM ?

AND #2, if I have my own PAMM, and I refer clients to FX Open, who choose to be under my PAMM -- will I receive commissions for trades placed in my referred client's account under my own PAMM ??

Last, #3, if there are no commissions paid to anyone for clients who elect to have their accounts managed under someone's PAMM, then in what manner can we earn compensations for referring client to managed accounts, as you state?

[nonamer]

Just so I am absolutely clear -- can someone from FX Open answer these questions in regard to your statement on the Partnership page: "Refer new self-directed or managed account clients to FXOpen and earn a steady stream of compensation."

If I refer a client to FX Open, and the client opens an account under my link -- if that client decides to have their account traded under someone else's PAMM (a managed account), will I receive commissions for trades occurring in my referred client's account that is under the PAMM ?

AND #2, if I have my own PAMM, and I refer clients to FX Open, who choose to be under my PAMM -- will I receive commissions for trades placed in my referred client's account under my own PAMM ??

Last, #3, if there are no commissions paid to anyone for clients who elect to have their accounts managed under someone's PAMM, then in what manner can we earn compensations for referring client to managed accounts, as you state?

Hi,

You will not get any commission for client opening new PAMM account or join under any PAMM manager .
If you have PAMM account, you already earn money from fees.
Check the offer parameter here --> http://crm.fxopen.com/KnowledgeBase/...arameters.ashx

Thanks