1. How is commission calculated? 2. How to calculate indirect referral commission? 3. When is the commission paid out? 4. How to check commission distribution details? 5. Which trades generate commission? 6. What is the difference between commission and rebate? 7. What are the commission and rebate policies for main and sub-accounts? 8. When will the adjusted commission/rebate ratio become effective?
Q: How is commission calculated?
A: Commissions are earned progressively from the closest referral relationship where the trading fees are generated.
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Commission Ratio 30%) --> C (Trading User Who Generated 100 USDT Trading Fee)C trades and generated a 100 USDT trading fee.Then, B will get: 100 x 30% = 30 USDT; while A will get 100 x (40% - 30%) = 10 USDT.
If users benefit from a fee discount, the commissions are calculated on the actual trading fees after discount.
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Perpetual Futures Trading Fee Discount 10%)If B trades Perpetual Futures, the original expected trading fee was 100 USDT; since B enjoys a 10% fee discount, the actual trading fee generated is 90 USDT.Then, A can earn a commission of: 90 USDT x 40% = 36 USDT
If a user enjoys “Trading Fee Rebate”, they can receive a certain percentage of their own trading fees as a rebate. Therefore, this amount of rebate will not be counted towards your commission.
ExampleLet's assume the commission ratio and referral relationship are as shown in the diagram, where A --> B represents A referred B:A (Commission Ratio 40%) --> B (Trading Fee Rebate 10%)B generates 100 USDT in trading fees and has a trading fee rebate of 10%.Therefore, B can get a rebate of: 100 x 10% = 10 USDT.And A's Commission: 100 x (40% - 10%) = 30 USDT
Q: How to calculate indirect referral commission?
A: Indirect Referral Commission = Actual Paid Trading Fees * (Your Commission Ratio - The Commission Ratio of Your Closest Partner)
ExampleLet's assume the users' commission ratio and referral relationships are as follows, where "A --> B" means A referred B:A (40% Commission Ratio) -->B (30% Commission Ratio)-->C (20% Commission Ratio)C trades and generates an actual trading fee of 100 USDT.B's commission: 100 x 30% = 30 USDTA's commission: 100 x (40% - 30%) = 10 USDT
Q: When is the commission paid out?
The trading fees generated by your referees between 00:00 and 24:00 (UTC+8) today will be issued to your Fund Account at 02:00 (UTC+8) the following day. If the payout is delayed by more than 60 minutes, we recommend contacting customer support for assistance.
Q: How to check commission distribution details?
A: The crypto of the commission you actually receive will be the same as the crypto of the trading fees generated by your referred users. All relevant records can be found in the “Commission Details” - “Commission Query” section of the Partner Dashboard. This page supports filtering by multiple criteria, such as user UID, trade time, business type, and crypto, making it easier for you to search quickly.
Q: Which trades generate commission?
A: Orders that are executed normally on the BingX platform and actually incur trading fees are eligible for commission. For example: Spot trading, standard futures, perpetual futures, copy trading
Example:If user A uses a 10 USDT bonus to trade and the trading fee is 0, then this trade will not generate commission.
Note: The actual commissions are based on the final amount credited to your account.
Q: What is the difference between commission and rebate?
A:
Commission: This refers to the portion of the trading fees generated by users you referred, which is rewarded to you by the platform based on the commission ratio (as a promotional incentive).
Rebate: This refers to a type of discount offered to users, where the platform returns a portion of trading fees to the user based on the rebate ratio (as a trading incentive).
Calculation Method: Your commission income will be based on the net actual trading fees paid by your referees (i.e., total trading fees minus the amount already rebated).
Q: What are the commission and rebate policies for main and sub-accounts?
A: The commission and rebate rules for main and sub-accounts are as follows:
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Commission Rules:
- Only the main account can receive commissions from referred users
- Sub-accounts are not independently eligible for commissions.
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Commission Base:
- Regardless of whether the trading fees were generated by the main or sub-account, they will be combined into the commission base.
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Rebate Rules:
- The rebate ratio for sub-accounts is the same as for the main account.
- The rebate earned by a sub-account will be distributed to the Fund Account of the main account on T+1 day.
Q: When will the adjusted commission/rebate ratio become effective?
A: The adjusted ratio will become effective on the following day (T+1), and will be uniformly used to calculate the commission/rebate for the entire previous day (T day).
Specifically, the system will update at around 2:00 AM (UTC+8) on the following day, and the effective ratio at that time will be used to settle all related transactions from 0:00 to 24:00 of the previous day.
For example:
- At 8:00 AM on December 4, the ratio is increased from 10% to 20%.
- Then, all trades on December 4 will have commission/rebate calculated at 20%.
- Settlement results can be viewed after 2:00 AM on December 5.