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We are now accepting Affiliate commission payment instructions for paying out affiliate commissions. The debit cards we were promised are still not available yet but we have additional options. We also finished updating all affiliate commission records and calculations in our system and commission amounts should be accurate now.
Due to the increasing complexities of moving money around now days we only have 2 options for sending commission payments. One is by bank wire if your commissions total a minimum of $500 (plus a $30 bank fee) and the other is by e-gold. We will lower the minimum wire amount if our bank can easily handle these wires without too many problems or issues. We know e-gold is still having problems but many people are still using e-gold and we do have some e-gold ourselves just sitting around. So if you would like to be paid by e-gold still, we can accommodate you and with no minimum.
Affiliates can get further details regarding submitting payment instructions by logging into our website here. Once you are logged in, click "My Profile", then click the "Payments" tab for further instructions.
Other than day to day operations, getting commissions to our affiliates has been our first priority. It all took much longer than we had expected to get to his point and it was much more complicated than we had planned on. We apoligize for the delay in getting to this point but the technical challenges and what we are doing is unlike any other forex affiliate program has to offer. Because our brokerage firms systems are independent of our affiliate tracking system, we needed to invent ways of importing, calculating, assimilating matching up trading clients with affiliates and syncing them together. It consisted of writing 100s of pages of custom code to get to this point and we still have more to polish up.
Once again, thank you for your patience in this matter and we look forward to sending commissions as we begin processing affiliate payments this week.
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