# Payment plans A payment plan is part of IB type configuration that the Broker sets when launching a partnership program. {% hint style="success" %} **Key points** * Payment plans can be configured for a single symbol or symbol group. For a step-by-step tutorial, refer to [How to set up a payment plan for symbols](https://docs.ib.b2core.b2broker.com/for-brokers/how-to-articles/how-to-set-up-a-payment-plan-for-symbols). * The calculated reward amounts can be additionally multiplied by level, tier, personal or Master ratio, if applicable. * If a partner's wallet currency differs from the reward currency, then the reward amount is converted into the wallet currency. The conversion occurs at the current exchange rate at the time of calculation. * Trading volume used for reward calculations can be changed by a platform group modifier. For example, the lot size for a group is set to 0.4 (**Introducing brokers** > **Platforms** > **Groups**). If the trade volume is 100 lots, this value will be multiplied by the group lot size: **100 lots × 0.4 = 40 lots**. {% endhint %} The available payment plans are described below. Pay attention to a list of trading platforms to which each plan is applicable. {% hint style="warning" %} **Disclaimer** All values given in this section are for demonstration purposes only and do not constitute a recommendation. {% endhint %} ## Commission > Supported for the B2TRADER, MetaTrader 4, MetaTrader 5, cTrader, DXtrade, and Converter platforms. The Broker pays partners a fixed percentage of commissions received for trades executed by their clients: **Reward amount = Commission × Percentage** Where: * **Commission** is a fee amount that a trader paid to the Broker for executing a trade. * **Percentage** is a commission percentage value specified by the Broker in the IB type settings. This is a percentage of the total commission received by the Broker. Consider an example of *Jack*, whose client brought 70 USD in commissions to the Broker, while the set commission percentage is 10%. In this case, the amount rewarded to *Jack* is calculated as follows: **70 USD × 10% = 7 USD**. {% hint style="info" %} **Implementation details of the Commission payment plan on the Converter platform** When the *Commission* plan is used on the Converter platform, brokers pay partners a fixed percentage of markups received from exchange transactions made by their clients. These markups are configured in B2CORE, applied to each exchange transaction, and then recorded as commissions. The partner's reward is then calculated based on the recorded commissions, using the percentage specified in the *Commission* plan. {% endhint %} ## Lot > Supported for the B2TRADER, MetaTrader 4, MetaTrader 5, cTrader, and DXtrade platforms. The Broker pays partners a fixed amount for each lot traded by their clients: **Reward amount = Trading volume, in lots × Amount per lot** Where: * **Trading volume** is an amount of lots that was sold or bought by a trader as a result of a trade. * **Amount per lot** is a fixed reward amount to be paid per lot, specified by the Broker along with the reward currency. The reward currency doesn't depend on the traded symbol. That is, the Broker can specify USD as the reward currency for the ETH/EUR symbol. Consider an example of *Jill*, whose client has traded 10 lots while the reward amount per lot is 2 USD. In this case, the amount rewarded to *Jill* is calculated as follows: **10 lots × 2 USD = 20 USD**. {% hint style="danger" %} Keep in mind that you must monitor profitability using this scheme as the reward amounts may exceed the commissions charged. {% endhint %} ## Max amount > Supported for the B2TRADER, MetaTrader 4, MetaTrader 5, cTrader, and DXtrade platforms. The Broker pays partners a fixed amount for each lot traded by their clients, while also having the opportunity to specify both the maximum reward amount and the reward amount for each configured level. With the **Lot** payment plan, the Broker specifies the reward amount per lot for Level 1. The rewards for subsequent levels (if configured) are calculated as a percentage of Level 1 reward. With the **Max amount** payment plan, the Broker limits the total reward amount paid to partners, regardless of the number of levels, and then specifies the exact amount a partner receives at each level. The following example illustrates how the reward amount can be distributed across different levels. | | **1 level** | **2 levels** | **3 levels** | **4 levels** | **5 levels** | **6 levels** | | ----------- | ----------- | ------------ | ------------ | ------------ | ------------ | ------------ | | **Level 1** | 10 USD | 8 USD | 5 USD | 5 USD | 4 USD | 3 USD | | **Level 2** | | 2 USD | 3 USD | 3 USD | 2 USD | 2 USD | | **Level 3** | | | 2 USD | 1 USD | 2 USD | 2 USD | | **Level 4** | | | | 1 USD | 1 USD | 1 USD | | **Level 5** | | | | | 1 USD | 1 USD | | **Level 6** | | | | | | 1 USD | Based on the table above, consider an example of *Jack*, whose direct client has traded 10 lots. In this case, the reward is paid only to Level 1, and the amount rewarded to *Jack* is calculated as follows: **10 lots × 10 USD = 100 USD**. Next, consider an example of *Jill* who participates in *Jack's* sub-IB program. If *Jill's* direct client has traded 10 lots, then the reward amount is distributed between two levels: * at Level 1, the amount rewarded to *Jill* is calculated as follows: **10 lots × 8 USD = 80 USD** * at Level 2, the amount rewarded to *Jack* is calculated as follows: **10 lots × 2 USD = 20 USD** In this case, the total reward amount is 100 USD, that's 10 USD per each traded lot. ## Markup > Supported for the B2TRADER, MetaTrader 4, MetaTrader 5, cTrader, and DXtrade platforms. The Broker pays partners rewards based on the volume traded by their clients and a markup specified in points: **Reward amount = Trading volume, in lots × Markup, in points** Where: * **Trading volume** is an amount of lots that was sold or bought by a trader as a result of a trade. * **Markup** is a markup value to be paid per lot, specified by the broker in the IB type settings. For example, the markup set on a platform is 14 points, and *Jack* decides to pay partners 1/7 of this markup value, that is 2 points. After *Jack's* clients have traded 10 lots of AUD/CAD, the amount rewarded to *Jack* is calculated as follows: **10 lots × 2 points = 20 CAD**. ## Markup % > Supported for the B2TRADER, MetaTrader 4, MetaTrader 5, cTrader, and DXtrade platforms. The broker pays the partners a percentage of the markup. The calculation formula depends on the trade side: * For **sell** trades: **Reward amount = Trading volume × Trade price × 2 × Markup % / (1 + Markup %)** * For **buy** trades: **Reward amount = Trading volume × Trade price × 2 × Markup % / (1 – Markup %)** Where: * **Trading volume** is an amount of lots that was sold or bought by a trader as a result of a trade. * **Trade price** is an execution price at which the asset was sold or bought by a trader as a result of a trade. * **Markup %** is a markup value, in percents, specified by the broker in the IB type settings. For example, the markup value is 20% and a client of *Jill* buys 15 lots at 4,000. In this case, the amount rewarded to *Jill* is calculated as follows: **15 × 4,000 × 2 × 0.2 / (1 - 0.2) = 30,000**. ## Spread > Supported for the B2TRADER, cTrader, and MetaTrader 5 platforms. The broker pays the partner a percentage of the market spread value at the moment of the trade. **Reward amount = (Market ask – Market bid) × Contract size × Trading volume × Percentage / 100** Where: * **Market ask**, **Market bid** are top-of-the-book bid and ask market prices valid at the moment of the trade, in the quote currency. * **Contract size** is a standardized quantity of asset per lot, set on a trading platform. * **Trading volume** is an amount of lots that was sold or bought by a trader as a result of a trade. * **Percentage** is a spread percentage value specified by the Broker in the IB type settings. Consider an example of *Jill*, whose client traded on the EUR/USD market: * **Market ask** = 1.08253 * **Market bid** = 1.07252 * **Contract size** = 100,000 * **Trading volume** = 2 lots * **Percentage** = 50% In this case, the amount rewarded to *Jill* is calculated as follows: **(1.08253 – 1.07252) × 100,000 × 2 × 50 / 100 = 1,001 USD**. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ib.b2core.b2broker.com/for-brokers/payment-plans.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. 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