Elev8 Broker Revolutionizes Partner Program with New Commission Structure
Elev8 Broker Unveils New Business Model for Partners
The global broker Elev8 has introduced a new business framework for its partners, including a diversified commission structure and a more transparent ranking system.
According to the company's announcement, the new model provides partners with greater transparency in how commissions are calculated. The commission structure is now diversified by asset, meaning that partners will earn different commissions depending on which assets their clients trade.
The new ranking system also reflects industry standards, assigning a rank to partners based on their performance over the previous 30 days. This makes the rank attribution process more transparent and easier to understand.
The company has also simplified its definition of an active client, considering a client as active if they have traded at least one lot in the previous 30 days. The five-tier rank structure remains in place, with each rank corresponding to a predefined commission level under the program.