Commision Policy
Read the Commision Policy for Swift Global Prime.
Understanding Sphere Prime Market’s 10% Commission Policy
At Sphere Prime Market, transparency and fairness are at the core of our business operations. To ensure the sustainability of our services and the continued growth of our platform, we implement a 10% commission on total profits earned at the end of each trade. This policy is designed to maintain operational efficiency while rewarding traders for their successful trading activities.
Why is the 10% Commission Necessary?
Every trading platform requires a structured financial model to function effectively. The 10% commission serves as the company’s revenue source, which enables us to:
- Provide seamless trading services with fast and secure transactions.
- Maintain a high-quality platform with advanced trading tools and analytics.
- Ensure efficient customer support to assist traders at every step of their journey.
- Cover operational costs such as platform maintenance, security upgrades, and regulatory compliance.
This commission is not deducted automatically from your account. Instead, it must be paid to the company’s wallet before any withdrawal can be processed. This structured approach ensures accountability and allows traders to manage their funds effectively.
How the Commission Works
- Trading and Profit Calculation: At the end of each successful trade, your total profit is calculated. The 10% commission applies only to the profits made, not the initial capital.
- Commission Payment: Before processing any withdrawal, the trader must first pay 10% of the profit to the company’s wallet. This payment confirms compliance with the company’s policies.
- Withdrawal Processing: Once the commission is received, the withdrawal request will be processed, ensuring that the trader receives their earnings promptly.
For example, if a trader earns $5,000 in profit after completing a trade, the commission to be paid would be $500 (10% of $5,000). After making this payment, the trader can proceed with the withdrawal process without any issues.
Importance of Paying the Commission Before Withdrawal
Requiring the commission payment before withdrawal ensures the financial stability of the platform. It prevents unnecessary deductions from a trader’s account and allows the withdrawal process to be completed smoothly. Additionally, it upholds fairness, as every trader contributes to the sustainability of the trading environment.
Ensuring Compliance and Avoiding Delays
To avoid withdrawal delays, traders should ensure they pay the commission promptly. Delayed payments may lead to extended processing times, as the withdrawal request cannot be completed without fulfilling the commission requirement.
At Sphere Prime Market, we value our traders and strive to provide a transparent and secure trading experience. The 10% commission on profits is a necessary measure that benefits both the company and its traders by maintaining a high-quality trading environment. By complying with this policy, traders can enjoy seamless withdrawals and continued access to premium trading services.