It is very important to understand that the Forex account management contract never allows asset managers to fund or withdraw money from the client`s account. International anti-money laundering laws only allow the client to make a deposit and withdrawal to his broker`s account, and it can only be accepted if the broker account holder and the bank account holder are exactly equal. You can stop trading at any time by signing the withdrawal form, but we are sure that you will not sign it as soon as you make gains consistent with our account management. The common rule for all regulated brokers is that the client allows asset managers to trade the client`s account on their behalf and allows the broker to pay a percentage of monthly fees calculated on the broadband profits of the last month in which the client`s account made a profit. LPOA or Limited Power of Attorney is a 3-party agreement between the investor, the asset managers and the broker who control, design and execute what is written and signed in the document. Each regulated broker has its own specific rules for its Forex account management agreement, depending on the financial rules of each country. In the event of months of loss on the client`s account, asset managers do not receive any fees and can only be paid and reimbursed when the last losses have been recovered in full. This 3-party form (broker, forex investment company, you) allows us to act only on your account. This is the only transaction we can make on your behalf. We cannot enter into other agreements such as deposits, payments, etc. You will be the only one who can carry out this type of transaction. Leave your investments totally safe by signing the Forex account management contract – LPOA (Limited Power of Attorney) contract. This Agreement shall apply from [v]_____ Beneficiaries must maintain a mobile phone as part of the sale.
The salesperson receives an allowance of US$50 per month for the use of mobile phones. Gross profit – turnover – (wage rate + cost of loaded labour) for a certain number of hours of break, normally worth one month. In this case, the commissions of Account Manager A are calculated as follows. Fees are refunded within 30 days of receipts and a completed refund form. The beneficiary receives a credit for the gross capital gain of the customer when invoices are issued to the customer. [xi] The beneficiary is paid for all travel and accommodation expenses related to the consulting activities. Car trips are reimbursed at the current federal reimbursement rate (currently 0.37 cents per mile). Rate of pay – This is the hourly rate paid to an advisor used by the company. This is usually the same rate for an advisor for a longer period of time. The beneficiary has an annual gross margin rate. The annual quota is $600,000 (six hundred thousand dollars). The beneficiary receives a credit for each designated client assigned to the beneficiary.
Among the customers assigned to the beneficiary are new clients hired by the beneficiary, as well as all clients transferred to the beneficiary. Special events: must be approved in advance. Refundable with receipts. The rate of 5.5% enters the first stage of calculations, which gives a commission rate of 20%. Our professional asset management company meets all the requirements to cooperate with the best regulated brokers such as IC Markets, Vantagefx, Synergyfx, etc. The commission amount is calculated as a percentage of the gross margin. Each gross margin invoice is cumulated to obtain a gross profit target since the beginning of the year. This annual gross return is compared to the annual quota and, based on the level it enters, the corresponding commission rate is used for the calculation of the commission. The work table accounts for different projects and consultants are as follows: Customer Consultant Hrs Cost Bill Rate Revenue GP Acct Mgr Loaded Labor Cost – These are the hourly costs added to the payment rate to determine the total cost of a resource to the company…