At FIXIO, we allow our partners to open multiple partner accounts (hereinafter referred to as “IB (Introducing Broker) accounts”) so they can offer different partner reward rates to their downlines (referred partners or traders). However, there are certain restrictions when opening multiple IB accounts.
Restrictions When Opening Multiple IB Accounts
For example, when opening two IB accounts, the following different settings will apply to each account.
1. IB Account with Self-Trading Capability
• A trading account can be opened.
• In addition to receiving IB rewards, you can engage in self-trading (FX/CFD accounts).
• It offers standard trading features and can be used just like a regular trading account.
2. IB Account Without Self-Trading Capability
• A trading account cannot be opened.
• This IB account can be used as a dedicated wallet to receive IB rewards.
• Self-trading (FX/CFD trading) is not allowed.
Important Notes
• If the same partner opens multiple IB accounts, only one account will be allowed to have self-trading (trading account opening).
• The setting for each IB account (self-trading allowed/not allowed) is determined at the time of account opening and cannot be changed afterward.
• IB rewards can be received from either IB account.