Raceoption referral program review
An affiliate program, a branch of referral programs, is one of the most effective ways to earn passive income. Numerous trade brokers and other financial agencies run affiliate programs to bring in new blood. And, while these companies widen their customer base, the customers get to earn a few extra bucks.
In this article, we will review Raceoption referral program and the commission the users can expect. Also, readers will learn how to refer a friend and start cashing affiliate programs. If this is something that interests you, let’s begin.
How does Raceoption affiliate program work?
Raceoption is a binary foreign exchange broker offering financial services globally. The broker regularly rolls out referral programs and bonuses to its users. Raceoption has recently launched its “Raceoption Affiliate Program,” which allows its users to earn extra money through referrals. If you want to know about other ways how to make money on Raceoption, read the Traders Union article.
Here is how the Raceoption affiliate program works:
Users bring in new clients.
The new clients make Raceoption account with the old client’s referral link.
The old client gets 60% of the 1st deposit, and 20% of all the new clients make future deposits.
Features of the Raceoption affiliate program
Raceoption is a renowned platform that makes it easier to refer to friends and family.
The commission Raceoption is offering is one the best in the market.
Affiliate partners get paid weekly.
Affiliate partners make money when they bring in a new client and get a commission on all their future deposits.
How do you get paid in Raceoption?
Like any other referral program, Raceoption referral program encourages its affiliate partners to get more referrals in a shorter period; therefore, it has implemented a system where the earnings of Raceoption partners depend on the number of new clients they manage to bring a week within.
Numbers of referrals in a week |
Affiliate commission (% of clients’ deposits) |
1 to 9 |
60% of the first deposit + 20% of future deposits |
10 to 49 |
65% of the first deposit + 20% of future deposits |
50 or more |
70% of the first deposit + 20% of future deposits |
In addition to it, affiliate partners can earn an additional 5% commission from their sub-affiliates or choose the CPA model, where the partner will earn $250 per new depositor.
In favorable circumstances, affiliate partners can earn enough to consider their affiliation earnings as a self-generating passive income.
How To Make Money With Binary Options?Raceoption affiliate commission can be paid by
Though most affiliate partners use the affiliate earnings for trading. Raceoption has many payment options to serve Raceoption affiliate partners, including, but not limited to, the following:
Image: Payment methods
Few steps to refer a friend
Raceoption is a renowned trading platform that facilitates trading in the stock market, commodities, options, metals, and cryptocurrencies. Telling your friends and family the benefit of using Raceoption is the first step towards a successful affiliation.
Here are some advantages of Raceoption you can use to attract referrals:
Bonus on deposits.
Raceoption is famous as a copy trading platform. A trading boon to greenhorn traders.
The Raceoption platform supports trading even on weekends, i.e., non-stop trading.
Guaranteed payouts, processed within 1 hour.
Users can trade through personal desktops and smartphones or tablets.
Regular promotional activities and contests within Raceoption users.
24/7 multilingual customer helpline.
Users can deposit or withdraw funds through cards, crypto, and other means.
Trades are secured with complete data protection.
Users can trade under the guidance of seasoned traders.
Raceoption processes more than 10000 transactions daily.
FAQs
Are affiliate programs worth it?
Raceoption’s affiliate program, and other similar programs, give recurring earnings from a single user that the affiliate partner. So, yes, affiliate programs are worth it if done from the reliable platforms.
Who can become an affiliate partner?
The answer is anyone! Anyone with an account with Raceoption can join their affiliate program and become an affiliate partner. People do not need to have a business license to become an affiliate.
Are affiliate partners responsible for referred clients’ due fees or charges?
No, under no circumstances an affiliate partner is held liable for the new clients that they refer. If the referred client makes a deposit, affiliate partners get their commission; if the referred client has some outstanding charges, the company does not deduct them from the affiliate partner’s account. Affiliate programs are considered to be low-risk and high pay.
Who can be referred by an affiliate program?
An affiliate partner can refer anyone, be it friends, family, colleagues, or even strangers. Anyone who makes an account with the company using the affiliate’s link becomes a referred client. It is that easy.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.