What are Affiliate-accounts?
Accounts of "Affiliate" type are the accounts with the intentionally increased spread and commission for each transaction, thanks to which the partner can receive more affiliate commission. In case of these accounts, the partner receives his affiliate commission for every single transaction, regardless how fast it was opened and closed and whether it was profitable or not.
Who may benefit from Affiliate-accounts?
These types of accounts were introduced in response to demand from the partners, who provide their clients with different additional services (Expert Advisors or trading signals), when the minimum possible spreads are not the major factor that influences the results of trading activity. The increased spread may be considered as a fee for such services.
Types of Affiliate-accounts
Affiliate-accounts can be of the following types: Fix-Affiliate, Pro-Affiliate, and ECN-Pro Affiliate. All of them are only available for MetaTrader4 platform. Trading conditions for these account types can be found on "Account Types" page; to read more about the fixed spread value for Fix-Affiliate accounts and the average spread value for Pro-Affiliate and ECN-Pro Affiliate accounts, visit "Contract Specifications" page.
For example, spreads for the EURUSD currency pair are as follows:
Fix-Affiliate – the fixed spread of 3 pips
Pro-Affiliate – the floating spread with the average value of 2.36 pips
For ECN-Pro Affiliate accounts the spread remains the same, but the commission is increased up to 60 USD for the trading volume of 1 million (120 USD for the entire transaction).
How does the client open Affiliate-account?
There are two ways of opening "Affiliate" accounts:
1. Using referral link
When using your affiliate referral link, the client’s first and the following accounts are registered in your partner group (unless the client specifies the affiliate code of the other partner when registering a new account). In this case, Affiliate accounts will be available for opening right away in the registration form in the dropdown list.
2. Using affiliate code
If the client, who would like to open Affiliate-account already has registered Members Area, he has to specify your affiliate code in "Affiliate code" field in the registration form of a new account. Only after that, Affiliate accounts will be available in the dropdown list.
How much may the partner earn by means of Affiliate-accounts?
The affiliate commission is calculated as percentage of the commission for ECN-Pro Affiliate accounts and as percentage of the spread for Fix-Affiliate and Pro-Affiliate accounts at the following rates:
On an individual basis
Agent Start Expert VIP White Label
Knowing the spread (commission) value and the affiliate commission rate, you can calculate your affiliate commission on your own.
Affiliate-accounts also take part in the multi-level system of affiliate commission. The system implies that the Partner is paid the commission for the clients attracted by his sub-partners.
Level 1 includes the commission paid for the clients, who are directly in your group. Levels 2 – 5 include the commission paid for the clients, who are in your subpartners’ groups. For example, you attracted the client, who later also became the Company’s partner. This client will be considered as the client of the 1st level, and the clients he attracted will be considered as your clients of the 2nd level.
100% 1st level
20% 2nd level
15% 3rd level
7% 4th level
3% 5th level
The multi-level system of affiliate commission is available to the Partners of "Agent", "Start" and "Expert" levels, who can create their own affiliate network.