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What is an IB or Affiliate

An IB (Introducing Broker) or Affiliate is basically a person or company who introduces new Clients to a Brokerage and in return for introducing new Clients they earn rebate (commission) as a reward.

How to join the programme?

  1.  You first need to open a TenXTrade online trading account
  2. After your account is verified can you complete the "IB Application"
  3. Upon approval of the IB Application will you receive notifications for training bootcamps to learn how to create links that you share with your Family, Friends and on social media platforms. These links help you track your referrals.
  4. You earn rebate (commission) as your Referrals trade. 
  5. Rebate earnings:

SPREADS:

  • Indices ZAR 105 / lot traded
    • Direct Referrals: ZAR 42
    • Level 2 Referrals: ZAR 35
    • Level 3 Referrals: ZAR 28
  • Forex ZAR 90 / lot traded
    • Direct Referrals ZAR 36
    • Level 2 Referrals ZAR 30
    • Level 3 Referrals ZAR 24 
  • Commodities ZAR 9.00 per lot traded
    • Direct Referrals: ZAR 3.60
    • Level 2 Referrals: ZAR 3.00
    • Level 3 Referrals: ZAR 2.40 

CFDs:

  • JSE CFDs
    • Direct Referrals: 6%
    • Level 2 Referrals:5%
    • Level 3 Referrals: 4% 
  • US CFDs
  • Direct Referrals: 6%
  • Level 2 Referrals:5%
  • Level 3 Referrals: 4% 

For more information on what we set you up with and what you need, click here.

  • Forex ZAR 90 / lot traded
  • Direct Referrals ZAR 36
  • Level 2 Referrals ZAR 30
  • Level 3 Referrals ZAR 24

  • Commodities ZAR 9.00 per lot traded
  • Direct Referrals: ZAR 3.60
  • Level 2 Referrals: ZAR 3.00
  • Level 3 Referrals: ZAR 2.40