QUOTEX referral program review
According to Traders Union’s experts, the QUOTEX affiliate program allows you to earn up to 80% commission on the trading fees and up to 7% on your referred client's trading volume.
If you are looking for a way to earn extra income online, you may want to consider joining the QUOTEX Referral Program. As an affiliate, you can earn commission by referring new traders to the platform. To help you understand the program further, the experts at TU have curated a comprehensive review of the QUOTEX Affiliate Program, outlining its features, payment structure, and referral process.
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Is there a promotional period?
No, the QUOTEX referral program does not have a time limit.
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What information do I need to provide to friends to refer them?
You will only need to provide your unique referral link to friends. This tracks your referral to award you the bonus.
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Does QUOTEX really pay?
Yes, QUOTEX pays its traders and affiliates their earnings through various payment methods.
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Is QUOTEX a trusted platform?
QUOTEX is a regulated and licensed online trading platform, and has a positive reputation among its users.
How does QUOTEX Affiliate Program work
As an affiliate of the QUOTEX Affiliate Program, you'll receive a commission based on the trading activity of clients you refer to QUOTEX. This commission can be up to 80% of the broker's trading commission and up to 7% of the referred client's trading volume. Additionally, QUOTEX pays out partnership rewards once a week.
The program has been quite successful so far, with over 18,000 partners and 2.8 million users having registered under it. Moreover, partners reportedly earn up to USD 2.4 million per week.
If you're interested in becoming a QUOTEX Affiliate, you'll need to register for a free QUOTEX Account and promote your referral link to potential clients.
How do you get paid in QUOTEX
As an affiliate of QUOTEX, you'll receive commission payments based on the trading activity of clients you refer to the platform. Here's what you need to know about getting paid through the QUOTEX Affiliate Program:
The program uses a cost-per-acquisition (CPA) model, meaning that payments to affiliates depend on their performance in bringing new traders to the platform.
The revenue-share model of the program offers different commission rates based on the affiliate's partner level. The default level is level 1, which earns affiliates a 50% revenue share. Higher partner levels can earn affiliates higher referral commissions.
To be eligible for payment, affiliates must meet the 10 FTD (first-time deposit) conditions. Once a referred trader has made 10 deposits, the affiliate can withdraw their earnings.
Affiliates who reach level 2 can also receive promotional codes or discounts to offer to new traders, as a way to attract and retain clients.
It's important to note that as an affiliate, your commission is not affected by the trading activity of your clients. For example, if you refer to a trader who makes a $10 trade and loses, you'll still earn a commission based on their trading activity. However, it's crucial that traders use your referral link when registering with QUOTEX, in order for you to receive your commission. Your commission will depend on the profit earned by QUOTEX through the trading activity of the traders you refer. If you want to know about other ways how to make money on QUOTEX, read the Traders Union article
QUOTEX Affiliate commission withdrawal methods
Once you've earned commission through the QUOTEX Affiliate Program, you'll need to choose a payment method to receive your earnings. Here are the payment options available to affiliates:
Quotex E-Wallet: This option allows you to receive your commission payment directly into your Quotex wallet. From there, you can withdraw the funds to your bank account.
Bitcoins: You can also choose to receive your commission payment in Bitcoins. This option allows you to use your earnings to continue trading on the platform.
Bank transfer: For many affiliates, bank transfer is the preferred option for receiving commission payments. This method ensures that your earnings are securely deposited into your bank account, where you can use them as you wish.
It's important to choose a payment method that works best for you and your financial needs. With these payment options, you can be sure that you'll receive your commission payments in a timely and secure manner.
Few steps to refer a friend
If you're interested in referring friends to the QUOTEX platform and earning commission through the Affiliate Program, here are a few simple steps to get started:
Register as an affiliate: To become an affiliate, simply click on the "Affiliate" option at the bottom of the QUOTEX website. Enter your email address and create a password, and make sure you check the "Affiliate program" box before submitting your registration.
Get your referral link: Once you've registered as an affiliate, you'll receive a referral link that you can share with your friends and followers. This link is unique to you and allows QUOTEX to track the traders you refer to the platform.
Share your link: There are many ways to share your referral link, such as through social media, email, or your own website. You can also create ads to bring traffic to the platform and attract new traders.
Earn commission: When traders use your referral link to register and start trading on QUOTEX, you'll earn commission based on their trading activity. With the Affiliate Program, you can earn up to 80% of the broker's trading commission for each referred client.
By following these simple steps, you can start earning commission through the QUOTEX Affiliate Program and build your wealth with your team of traders.
Expert Opinion
QUOTEX affiliate program presents a solid opportunity for people looking to earn additional passive income online. However, there are a few key things QUOTEX partners should keep in mind.
Firstly, focusing on quality over quantity is important when building your referral network. Take the time to thoroughly research QUOTEX and be able to clearly articulate the benefits of the platform to potential referral partners. Having a deep understanding of the broker's offerings will help you earn trust and refer clients who are more likely to actively trade.
It's also essential to track the performance of your referrals. This insight allows you to continuously optimize your referral strategies. For example, you may find certain marketing channels or offer structures yield higher returns.
While the affiliate program has no set promotional period, affiliates should aim to develop long-term partnerships. Nurture ongoing relationships with satisfied clients to maximize lifetime earnings from commissions. Providing extra value like trading tips or platform tutorials can help foster loyalty over the long run.
Team that worked on the article
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).