If you are an Introducing Broker (IB), you can apply for and manage rebates earned from your referred clients' trading activities through the Client Portal or PU Prime App. You can withdraw your available rebates using a selected withdrawal method or transfer them to one of your trading accounts. Follow the steps below to apply for for, withdraw, or transfer your available IB rebates.
How to apply for IB Rebate via Client Portal
Follow these steps to apply for your available IB rebate through the Client Portal.
From the main page of the IB Portal, select Funds to access the available rebate options.
Select "Apply for Rebate" to apply to receive your available rebate amount. *Once you have applied for your rebate, your Total Commission will be displayed and the Withdraw Rebate and Transfer Rebate options will become available. Choose the appropriate option to receive or transfer your rebate.
How to withdraw Rebate via Client Portal
To withdraw your available rebate through a selected withdrawal method:
Select the Rebate Account Number.
Enter the amount you want to withdraw.
Choose your preferred Withdrawal Method.
Review the withdrawal details and select Submit to submit your request.
How to transfer Rebate via Client Portal
To transfer your available rebate to one of your trading accounts:
Select the Rebate Account Number under From.
Select the destination trading account under To.
Enter the amount you want to transfer.
Review the source account, destination account, and transfer amount.
Select Submit to submit your transfer request.
Reminder: After submitting your request, the rebate will be processed according to the option you selected:
Withdraw Rebate: The rebate will be withdrawn through your selected withdrawal method.
Transfer Rebate: The rebate will be transferred to your selected trading account.
How to apply for IB Rebate via PU Prime App
Log in to your "PU Prime APP"
Select "Profile" and choose "IB"
Under Rebate Account, select "Apply for Rebate" to apply for your available rebate amount. *Once you have applied for your rebate, your Total Commission will be displayed and the Withdraw Rebate and Transfer Rebate options will become available. Choose the appropriate option to receive or transfer your rebate.
How to withdraw Rebate via PU Prime App
Choose this option if you want to withdraw your available rebate through a selected withdrawal method.
Select the Rebate Account Number.
Enter the amount you want to withdraw.
Choose your preferred Withdrawal Method.
Review the withdrawal details and select Submit to submit your request.
Note: The withdrawal screenshot is pending and should be added once available.
How to transfer Rebate via PU Prime App
To transfer your available rebate to one of your trading accounts:
Select the Rebate Account Number under From.
Select the destination trading account under To.
Enter the amount you want to transfer.
Review the source account, destination account, and transfer amount.
Select Submit to submit your transfer request.
Important Information
Apply for Rebate First: You must select Apply for Rebate before you can access the Withdraw Rebate and Transfer Rebate options.
IB Rebate Crediting Schedule: IB rebates are credited on the following day after your referred client closes a qualifying trade, subject to the applicable IB Structure. For example, a qualifying trade closed on Monday will result in the corresponding IB rebate being credited on Tuesday, following completion of the applicable market cycle.
Withdrawal or Transfer: You can choose to withdraw your rebate through a selected withdrawal method or transfer it to one of your trading accounts.
Regular Withdrawals and Transfers: Once your IB rebate has been transferred to your trading account, you can make a regular withdrawal or funds transfer through the IB Portal, subject to the applicable withdrawal and transfer requirements.