The Affiliate profile is an area of the client's cabinet where clients can create, edit and manage affiliate campaigns. Clients use affiliate campaigns in order to receive affiliate commission by attracting new clients (referrals).
In order to switch the client's cabinet to the affiliate mode, it is necessary to click on the "Partners" button in the top menu.
The cabinet is in affiliate mode if under your name you see the inscription "Affiliate Profile"
To switch the cabinet back to trading mode, click on the "Trade" button in the top menu.
The size of the affiliate commission is influenced by the referral's hedged transactions and the use of bonus funds as additional margin.
If a Referral opens a hedging position whose volume does not exceed (equals or is less than) the volume of the hedged position, a commission fee is paid only for the hedged position.
For example, if a referral opens a trade to buy 1.5 lots and after that opens two sell trades 0.4 and 0.6 lots respectively, then the commission will be charged only for the hedged volume (1.5) because it is higher than the hedging volume (1.0).
If a Referral opens a hedging position whose volume exceeds the volume of the hedged position, commission fees are paid for the hedged position in full volume, while for the hedging position a commission fee is paid only for the volume which was not overlapped.
For example, if a referral opens a trade to buy 1.5 lots and after that opens two sell trades 1.0 and 0.8 lots respectfully, then the partner will receive a commission for the hedged volume of 1.5 lots and for the difference of 0.3 lot between the hedged and hedging volumes because the hedging volume is larger.
Please bear in mind that for commission calculations, the total volume of hedged transactions for a trading instrument is considered, regardless of when and in what order those transactions were opened and closed.
The Partner receives commission fees upon completion of a transaction that was carried out with the help of the Referral's own funds. The commission fee is not paid for the transactions carried out by use of the Referral's bonus funds (if available).
You can find more information on how the commission is calculated in the Affiliate Agreement here.
A client has to click on a referral link or insert it into the address bar of the browser. Through the link a new browser tab will be opened and the client will be redirected to our site. After that a client has to register an account in the newly opened tab. It is very important that the client register by using the browser tab which opened after clicking on the referral link! After successful registration a client will become your referral.
Affiliate commission is added automatically once a day after midnight at server time. For example, It means that the commission for referral orders closed on Tuesday will be added after midnight on Wednesday. Affiliate commission is added to the account which has the status of "main" account at the moment of the remuneration.