Introducing Brokers (IBs) can manage and claim their accrued rebate directly through the VT Markets IB Portal. The rebate payout process consists of two distinct stages: first, releasing eligible commissions into your available Rebate Balance, and then withdrawing those funds to your external payment method or transferring them internally to a trading account.
Steps for Rebate Claim Via the IB Portal
1. Log in to the VT Markets IB Portal and navigate to the Dashboard from the left-hand menu.
2. Locate the Rebate Account card and click Apply for a rebate to release your eligible accrued rebate
3. A confirmation prompt will appear displaying the result of your rebate claim request.
Steps for Managing Your Available Rebate Balance:
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Once the funds reflect in your Rebate Balance, you can select your preferred option:
Withdraw Rebate: Click
Withdraw Rebateto cash out your earnings via your preferred withdrawal method.-
Transfer Rebate: Click
Transfer Rebateto move funds internally into one of your active VT Markets trading accounts or subordinate accounts.
Payout Rebate Processing Timeframes
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Stage 1: Claim Approval & Reflection in Rebate Balance
After you apply for a rebate claim/withdrawal and the application is approved, it typically takes 1 to 2 business days for the rebates to reflect in your IB rebate account balance.
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Stage 2: Withdrawal to External Payment Method
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Once credited, you can submit a withdrawal request via the IB Portal; after funds are deducted from your IB account, it generally takes 1 to 3 business days to arrive in your selected withdrawal method.
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Troubleshooting for claiming a rebate
Nothing happens when clicking the "Apply for a rebate button: If the "Rebate to Be Claimed" amount is 0.00 USD, or if a previous claim request is currently under review, the button will not be available.
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Rebates (Total commission) Not Displayed Immediately: Commissions are calculated based on completed transactions and batch processing cycles; The previous day’s rebates are calculated and processed between 09:00 - 11:00 AEST daily. to appear in your total claimable amount.
Need More Help?
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If your Rebates (Total commission) are not displayed after 2 working days, contact Customer Support via 24/7 Live Chat or email info@vtmarkets.com with the following details:
1. IB account number and registerd email
2. Screenshot of your IB portal dashboard or any error prompt