Here at FXChoice we welcome anyone willing to join our growing Affiliate’s network. Our flexible compensation plans will benefit our partners, and our fair and stable trading environment will benefit the clients they refer.
There are three distinctive compensation plans you can choose from: volume-based, CPA and hybrid plans.
What you need to know about volume-based plans is that they are progressive in nature. What this means is that the higher the volume generated by your referred clients, the bigger the size of your eventual monetary compensation will be. The volume-based plan works differently for Pro and Classic accounts:
Progressive rebate scale
It’s no secret that most tradable pairs are majors like EURUSD, USDJPY, GBPUSD and their crosses. Because these pairs are more liquid than the others, they usually have the tightest spread. If you believe that your clients are mostly interested in trading “majors”, and that they will be able to generate a significant volume while trading these pairs, in this case we recommend you choose this plan. You can get up to 0.8 pips on all currency pairs.
Progressive spread sharing
We offer 28 tradable currency pairs. If your clients mostly trade exotic pairs and minors along with majors, this plan will be ideal for you. You will receive a certain percentage of the commission every time a trade is placed. Potentially you can receive up to 50% of the spread on all currency pairs. The spread percentage you receive will increase proportionally to the trading volume your clients generate.
For Pro accounts we offer a progressive commission sharing plan, which is common practice for most retail and institutional brokers. The commission you receive will increase proportionally to the trading volume your clients generate.
If you don’t want to get bogged down in volume-based models, you can choose our more straightforward CPA model, with which you can start earning the moment your clients open a funded account and meet a certain volume requirement. The minimum you can earn is $80 for each introduced client. Maximum earnings can go as high as $500 per client introduced. The total amount of your proceeds under the CPA model depends on the total number of clients introduced during a month and the country of their residence.
If you were looking for a compromise between a volume-based and CPA plan, then our hybrid plan is exactly what you have been looking for. Under this plan, you will be paid for introducing clients just like under the CPA plan, and will receive commission for as long as they continue to trade, just like under the volume-based model. The fixed payment you receive for introducing a client (the CPA part) and commission paid for the volume generated by clients under this plan are a bit lower compared to original models, but the combination of both revenue streams makes this plan extremely effective.
Commissions paid for trading non-forex instruments
All Indices and commodity CFDs generate a $10 commission for every round-turn lot traded.
The amount of commission generated for trading a round-turn lot of Bitcoins is equal to $3.
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