COMPENSATION PLAN
SECTION: 6
MIRROR TRADING INTERNATIONAL (PTY) LTD
THE COMPENSATION PLAN
Understanding the Mirror Trading International Compensation plan
- The MTI Compensation Plan consists of 5 income streams namely:
- 40% Members Daily Trading Bonus
- 10% Direct Once-Off Referral Bonus
- 20% Weekly Profit-Sharing Bonus
- 2.5% P1 Leadership Bonus
- 2.5% P2 Leadership Bonus
- The Daily Compensation plan results will be displayed on the MTI Official Telegram Group as follows:
- The 40% Daily Trading Bonus explained:
- A member qualifies for the daily trading bonus once the member successfully deposits bitcoin into their MTI account which will be added to their trading pool automatically.
- The bitcoin will be transferred to the forex broker as soon as the deposit is verified by MTI.
- Trading with the member’s bitcoin will commence on the following 24hour trading day.
- The member will receive a 40% share of the daily trading result in relation to his bitcoin balance in the trading pool. (Sharing both in profits and losses)
- Trading only occurs on forex trading days which is Monday to Friday excluding banking Holidays and weekends.
- Member’s daily trading statements are posted in the members back office within the "Trading Bonus" section under "See detailed report” by going to the “View" tab - Tuesday to Saturday.
3.1. Hereunder an extract from the Trading Bonus reports on the MTI back office:
- In addition to the Daily Trade bonus MTI also offers members an opportunity to earn an OPTIONAL and additional income. The undermentioned income streams are subject to the qualification requirements as set out herein and must be read together with the Terms and Conditions published on the MTI Website.
- IMPORTANT NOTICE: The payment of bonuses are at the sole discretion of MTI and governed by the Bonus Plan terms and conditions and may be refused/withheld or deducted due to any misconduct or abuse on the part of the sponsor determined and confirmed by the MTI Governing Body. The Sponsors right to any bonus is subject to their adherence to the Bonus Plan's terms and conditions.
- The 10% Direct Once-Off Referral Bonus
- You will earn a once-off 10% direct referral bonus for every member you successfully refer as your direct referral to MTI, and also for any amounts they add over and above their high-water mark shown on their dashboard. For a full explanation of the high-water mark please refer to the official video in the MTI YOUTUBE channel.
- You will need at least $100 USD worth of Bitcoin in your trading account to qualify to earn the 10% Direct Referral bonus.
- MTI will in the instance of any deposit of less than $100 (one hundred USD) worth of Bitcoin allocate the 10% referral bonus as follows:
- 50% will be automatically allocated to the trading pool, and
- 50% will be allocated to the available income wallet.
- This automatic allocation will continue until the members trading pool balance is equal or above the required minimum $100 (one hundred USD) worth of Bitcoin.
- Referral bonuses are subject to a 7-day waiting period.
- 20% Weekly Profit-Sharing Bonus
- 20% of the Daily Trading profit derived from the trading activities is allocated to the Weekly Binary Profit-Sharing Pool.
- The Binary structure allows the sponsor to refer new members into your Left Team and/or Right Team.
- To qualify for binary profit-sharing bonuses you need a minimum of $200 USD worth of Bitcoin as your Balance in Trade and you need to have personally referred two new members, one in your left Team and one in your Right Team, each with a minimum of $100 USD worth of Bitcoin as their Balance in Trade.
- The third member you personally refer will become a spill over for one of the members you introduced, as you can only place on the outside of your left Team or right Team. Spill over will also occur when your sponsor or team members above you introduce new members. Spill over is not guaranteed.
- Members are not bound by their personal performance and are not limited to the number of direct referrals they can introduce to MTI.
- 20% of the weekly gross profit derived from trading will be shared among all Binary qualified members, according to the Bitcoin value of the qualified levels in your weaker team.
- When you are Binary qualified your $200 to $999 worth of Bitcoin Balance in Trade qualifies you to earn on up to 10 levels in the Binary structure.
- Your Weaker Team BTC Total in Trade does not flush, and as your team grows you have the option to increase your Balance in trade, thereby unlocking additional binary earning levels.
- With $1000 - $4999 worth of Bitcoin Balance in Trade you qualify to receive binary bonuses up to 20 levels deep.
- With $5000 - $9999 worth of Bitcoin Balance in Trade you qualify to receive binary bonuses up to 30 levels deep.
- With $10000 + worth of Bitcoin Balance in Trade you qualify to receive binary bonuses on Infinite levels of the binary structure in your weakest team.
- Binary Bonuses are paid every Saturday according to the Bitcoin value of the qualified levels deep of your weaker team, creating a weekly residual income.
- Your maximum binary pay-out will be capped at $75000 USD worth of Bitcoin per week.
- Binary bonuses are subject to a 7-day waiting period.
7.1 Hereunder an extract Binary Income reports on the MTI back office
- The Leadership Bonus
- Part 1 Leadership Bonus (P1LB) is a sharing bonus where you and all the other qualified members earn for 8 weeks.
- Part 2 Leadership Bonus (P2LB) is another residual bonus which is earned for helping your team members become binary qualified.
- Qualifying for P1LB & P2LB Bonuses
- There are 3 requirements to earn a Part 1 Leadership Bonus Share.
- You must have a minimum of $200 USD worth of Bitcoin Balance in Trade.
- Your two personally referred members, one left and one right, must be active, each with a $200 USD worth of Bitcoin Balance in Trade.
- For every direct referral you have, that is leadership binary qualified with a $200 USD worth of Bitcoin Balance in Trade, you earn one share in the P1LB pool.
- There is only 1 requirement to earn a Part 2 Leadership Bonus Share.
- As soon as one of your personally referred members earns a share in the P1LB, then you automatically qualify for the P2LB.
- For every personally referred member who qualifies for P1LB shares, you earn additional shares in the P2LB pool.
8.3.1 Hereunder an extract of the P1 LEADERSHIP BONUS REPORT on the MTI back office:
8.3.2 Hereunder an extract of the P2 LEADERSHIP BONUS REPORT on the MTI back office: