1.- The objective of this policy is to avoid bad practices where, by not allowing a collaborator or a promoter to be their own client, they find themselves having to look for a loan officer to make the investment.
2.- By avoiding this bad practice, an attempt is made to promote internal sales by avoiding downside costs, upstream costs and exchange rate commission. In conclusion, the investment from the inside sale is capital that already exists in the fund.
3.- The process to open an account as an internal client is exactly the same as that used to generate the contract of any client, the only thing that changes is that once the MT5 account is generated to generate the contract, the area will be asked of BackOffice that generates the funding through transfer of own accounts. That is, the BackOffice area will upload the money in the internal client's FIAT account to an investment account. It is mandatory to request that this funding be made to the email [email protected] as is usually done with any client.
4.- The capital from the internal sale is considered for the value of the current portfolio of the promoter and its promoter leader if applicable, since it is taken as raising new capital.
5.- The internal sale, as it is considered a raising of new capital, will be taken into account to calculate the fundraising commission and renewal commission (the portfolio (Liquidity) does not apply.
6.- Internal sales will also be considered for loyalty and referral programs as it is new capital.
7.- The advisor will have the right to the commission for raising his own investment (except the liquidity portfolio), and also has the right to commission for the returns of his own investment, in addition to the returns it generates.
----This policy change will be effective as of June 1 of this year, so the month of May of this year will not have effect-------
Sincerely,
General Directorate