Solution 
Outcomes
- Automated Rebate calculation and settlement
With the new IB manager, INGOT brokers can set the rebate levels, allowing IBs to profit from their direct clients’ transactions as well as from those introduced to the platform by them. The depth of the IB network can be customized separately up to N levels, each with its own coefficient for computing rebates. The calculation occurs every hour and is displayed in the IB portal.
- Customized Rebate Settlement with withdrawal limits and approvals
The FYNXT platform allows for both automated rebates settling in the wallet or trading accounts as well as manual settlement based on predefined circumstances. A novel workflow was developed for INGOT to ensure that all rebate settlements are completed.
- IB, Sub-IB and Client relationship is automatically established without any Integration
INGOT is onboarding IBs using their current CRM system and prefers not to duplicate entries in two admin portals. The FYNXT Platform is easily integrated with popular trading systems such as MT4/5 and DXtrade. It simplifies IB entries in the IB Manager by using a single trading user group to create all IB trading accounts. It can create relationships between IBs, Sub-IBs, and Clients automatically. IBs can access the IB portal by logging in with their trading account details.
The Results
- Increased IB network globally
- Reduced operational efforts to calculate the multi-level rebate schemes
- Delivered the product with their brand specific customization within the given timeline.
Customer Quote:
“With FYNXT IB manager, we can provide IBs with a 360-Degree View of their Performance. Dynamic platform, most of the things are configurable in the IB manager itself. User friendly, clean, not techie, so pretty much a complete system which can build trust with IBs.”
