Cash Back Rebate & IB Trades
- 20YP

- Nov 20, 2022
- 4 min read
We just wanted to let everyone know that we're back to full trading volume and pumping out our IB Trades which is where our Cash Back Rebates and IB Commissions mostly come from.
Those that have been with the Program prior to Mid-Oct, you may remember we talked about how we slowed down on our IB Trades for a short period. In our ever-persistent strive to improve we came about a certain combination of readings from our custom indicators that showed real promise in greatly improving our IB Trades so we took a few weeks to work on the best way to implement this new strategy using these custom indicators to help us read the markets a little better and find the most effective entry and exits for these trades.
We got back to full volume last week and we'll go into that more down below....
TRADING PERFORMANCE: Last week our trading results were a small loss.
But our losses were only a couple trades' worth so it was small. In fact we've already just about made it all back this week so far. We're only about a trade down at the moment, if that.
CASH BACK REBATES / IB COMMISSIONS: But, we got back to our full trading volume last week and our Cash Back Rebates came out to about a +12% profit based on your trading account's equity value, and IB Commissions would have given you a 5% profit from all the money being traded under you (from anyone you've referred - not that it's required or anything. Just reporting the numbers).
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Reminder: All earnings (Cash Back Rebates, IB Commissions & Profit Share Earnings) are deposited directly to your Sub Account on Thursday each week so you should see these as deposits later this evening or Weds.
However, you may have these earnings sent to a completely separate account that is not being traded. If you would like to have your Cash Back Rebates, any IB Commissions and/or Profit Share earnings sent to a separate account, please follow the below instructions:
Simply create a new Live MT4 trading account just as you did with your PAMM Sub account- instructions can be found here: https://www.20yearpro.com/createpammsubacct
Then send the following email to CoinExx at ContactUs@coinexx.com
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To whom it may concern:
Regarding PAMM Sub Acct "provide your Sub/Trading acct#"
Please credit any and all future Client Rebates, IB Commissions & Performance Fee earnings to MT4 acct# "provide your new MT4 acct#"
Thank you.
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Your Cash Back Rebates are $17/lot (on your own trades) for your first month then $14/lot from there on (CoinExx is contributing $3/lot for your first month).
IB Commissions are $8/lot from each person that you introduce to the Millennium Compounder Program.
Profit Share Earnings: There is a 15% Performance Fee that is charged weekly (15% of profits made). You will earn a 5% Performance Fee from the account of each person you refer to the Millennium Compounder Program as well as a 5% Performance Fee from each person THEY refer.
Whether you have all of your Cash Back Earnings, IB Commissions & Profit Share earnings sent to your Sub account or a separate account, they are ALWAYS 100% FREE from the Performance Fee. The Performance Fee is based on your trading profits ONLY. You keep 100% of everything else.
REBATES & IB COMMISSIONS THIS WEEK: Right now we're on track to trade higher volume (more lots) than we did last week. However, things will likely stall out come Thur-Fri since the big US banks will be off for the holiday and the markets will be moving extra slow. But we're going to try and get all that we can before that.
IB TRADES: A big part of the Millennium Compounder Program are the Cash Back Rebates (https://www.20yearpro.com/millennium-compounder). They're a good 30-40% of our total earnings (excluding anything referral related). The Rebates come from volume just like IB / Referral Commissions do. Every time we open and close a trade, everyone makes money on it (whether it wins or loses). So we have our main trades which are meant to produce actual trading profits just like normal. But we also have what we call "IB Trades". These are trades that are meant to increase our volume. The more trades we have the more everyone makes in Rebates and IB Commissions. Basically these "IB Trades" are literally just to do that. The goal is to open and close as many trades as possible while at least breaking even on them overall because members earn $17/lot in Rebates and $8/lot in IB Commissions on all trades.
So we may have a main trade that's one trade that goes for +25 pips and that gives us our trading profits, while we'll also have 3-5 IB Trades that are only a few pips each (just enough to cover the trade commissions and spread which is where the earnings come from).
But obviously for the Rebates to be worth it and to actually be profitable, we can't lose much on the IB Trades. Otherwise, the trading loss cancels out the earnings made.
But now when you see many small trades in your trading history you know what they are. IB Trades. And whether they won or lost, we still get paid from them. If you have any questions about anything at all please don't hesitate to ask.
Regards,
20YP Support Team



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