Offshore forex broker Forex4you said on Monday it has launched a new partnership program called Pro STP Markup, where partners can choose the commission fee for their own clients and receive 65% of the spreads their customers pay.
Partners under the new Pro STP Markup program need attract professional traders to open and trade via Pro STP accounts. For each lot traded by a client attracted under the program, partners receive a $/€ 3 fixed commission from the broker. In addition, partners can choose from six different versions of the program, under which they would receive a reward from $/€ 2 to $/€ 50 per standard lot from their clients in addition to the fixed lot they receive from Forex4you.
In addition, if attracted traders use other types of trading accounts, partners will receive partner rewards equal to 65% of the spread for Cent and Classic accounts, or 65% of the spread and commission fees for Cent NDD and Classic NDD accounts.
Pro STP accounts can be opened in Euro (EUR) or US dollars (USD). It is designed for advanced professional traders. Following are detailed specifics of the trading conditions of the Pro STP account:
In addition to the newly-launched Pro STP Markup partnership program, Forex4you also offers several other such programs, including for partner-agents (for multi-service solutions) and multilevel program (for website and blog owners or social media freaks).
Forex4you is a brand of E-Global Trade & Finance Group. The broker is based in the British Virgin Islands and is licensed by the local financial regulator, the Financial Services Commission (FSC). Forex4you’s clients can choose between Cent, Classic, and Pro demo and live trading accounts, as well as automated trading via PAMM accounts. It only provides services based on the MetaTrader 4 (MT4) forex trading platform.
