Quotex has also started an affiliate program on their trading platform in binary options. According to the Quotex Affiliate program, you can earn up to 80% gains as an affiliate based on the number of traders you bring in a month. However, if you want to become an affiliate here, you will have to register on the free Quotex Account and then promote and circulate your referral link.
As soon as you start attracting traders, you will start earning profits from their earnings. So now, let us see how to register to become an affiliate on the Quotex website.
All facts about the Quotex affiliate program:
Type: | Revenue Share / Trading Volume Share |
Affiliate Commission: | Up to 80% of the broker’s profit / Up to 5% of the trading volume |
Payout frequency: | On a weekly basis |
Payment methods: | Bitcoin, Tether, Ethereum, Local bank transfers, PIX, GCash, Perfect Money, Paymaya, EPROFIT |
Support: | Email, affiliate manager |
Promo Codes: | Yes |
Links: | Unique tracking links |
First payout: | After 10 FTDs (first-time depositors) |
Withdrawal limits: | No limits |
Restricted countries for advertising: | USA, Canada, Hongkong, Europe, Russia |
(Risk warning: Your capital can be at risk)
How do you register as a Quotex affiliate?
Quotex has a very simple technique for making money for affiliates, which includes three simple steps:
- After registering, you receive a link that you will have to circulate to find new traders.
- Formulate new advertisements and bring traffic to the platform to bring out new traders.
- After traders join, you get 80% of the revenue gained and become rich with your team.
If you are interested enough, read below to learn how to register on the Quotex broker platform as an affiliate:
- Click on the “Affiliate” option at the bottom of the Quotex website.
- Put an email address and create a password.
- Tick mark on the “Affiliate program” box and submit the registration.
The next display screen will show your Affiliate link that you need to distribute and promote among potentially new traders and other people.
How does the Quotex affiliate program work?
The Affiliate program by Quotex trading platform is performance-focused, i.e., the number of traders that you bring on the platform will earn you great profits from their trading practices, which are about 80% of the broker’s profit. In addition, you can choose a volume-based revenue model where you can earn up to 5% of the trading volume.
Quotex has a cost-per-acquisition model or CPA model, which they use for the payment of affiliates. It is all dependent on the performance shown by the affiliates. Below is the affiliation interest rate amount according to the revenue-share model:
(Risk warning: Your capital can be at risk)
1. Generate your tracking link
In the affiliate dashboard, you can create your own unique tracking links for referring new customers to Quotex. There is the opportunity to use multiple landing pages, which are special for the trader’s needs. For example, you can create a tracking link that redirects the referred trader to the demo account page.
Furthermore, you can add a tracking code to your affiliate link. So it will be easier to track which source brings profitable traders and which source does not.
2. Refer new traders to Quotex
Now, you are ready to advertise the Quotex platform to refer new traders. There are a lot of channels you can use to attract new customers. Some of them are:
- Social Media (Facebook, Instagram, Twitter, and more)
- TikTok
- Youtube
- Newsletters
- Websites
- Paid ADs
3. Get paid a high referral commission
The Quotex affiliate program is fair for the broker and it´s affiliates. If the broker is earning money, the broker will share a percentage of this money with the affiliate. It can be up to 80% of the broker’s profit. By bringing a lot of new clients to Quotex you can earn more money by a higher revenue rate.
Quotex affiliate commission and account levels:
Account level: | Revenue Share: | Volume Share: | Deposits needed (monthly): |
---|---|---|---|
1 | 50% | 2.0% | 0-14 |
2 | 55% | 2.5% | 15-49 |
3 | 60% | 3.0% | 50-99 |
4 | 65% | 3.5% | 100-199 |
5 | 70% | 4.0% | 200-399 |
6 | 75% | 4.5% | 400-699 |
7 | 80% | 5.0% | 700+ |
- The higher the partner level is, the higher the referral commission received by the Affiliate program. Starting level is level 1 by default which means that the affiliate receives 50% of the revenue share.
- However, to receive the payment, affiliates must be eligible for the 10 FTD (first-time deposit) conditions, which show that after the trader makes 10 deposits, the affiliate will be able to make money and withdraw its earnings.
(Risk warning: Your capital can be at risk)
Promo codes for affiliates:
Promotional code – after the affiliates reach level 2, they also receive various discounts or promotional codes. These codes are for new traders to attract and keep the ones you have already attracted fixed with the broker platform. It is a perfect way of marketing.
Example
- You refer to a trader who trades $10 and loses on the trade; you will still earn a profit from it, which is about $8. Therefore, your commission is not affected by the trading done by your clients. Therefore, every trader you bring over to the platform must use your referral link to register, which will earn you your commission. Moreover, the commission will depend on the profit earned by Quotex by these traders.
The most difficult part of trading is finding traders who will join the platform with your referral link. But the easiest thing you can do is search for affiliates online, trying their hands on other sites or google “Quotex affiliate” to find Quora answers on people looking to become traders or, more so, affiliates.
Why is Quotex a good opportunity for affiliates?
If you still do not know if you should become a Quotex affiliate, then read the bullet points below to get some clarity:
#1 The conversion rates are high
A higher conversion rate means that if more people click on your referral link and start trading, it will make more money for you since you will be bringing traffic to the site. This is a great practice for anybody looking for a side-hustle.
#2 Statistics provided
While other trading platforms are not as straightforward as Quotex, they provide their affiliates with detailed statistics on the platform’s daily traffic and conversion according to real-time.
#3 High commissions for affiliates
Quotex has the highest commissions for its affiliates in this broker industry. You can earn up to 80% of the profit earned by the platform from every trader you bring to the broker platform.
So it is regardless of the wins or losses experienced by the traders.
#4 Recurring commission
Recurring commissions provided by Quotex ensures that the affiliates continue to earn profits from the trading platform even if the trader you brought makes only a $1 trade or only makes a single deposit. Therefore, you do not have to depend on the trader’s activity on the platform.
Two more benefits
- There are more than 20 ways to deposit: Since there are so many ways to deposit money, you can attract traders of different accounts who can pay according to their comfort.
- Affiliates of Quotex are doing well: Since there are so many ways to deposit money, you can attract traders of different accounts who can pay according to their comfort.
How to withdraw your Quotex affiliate profit:
Now, if you are looking for ways to withdraw after reaching the specific limit, follow the steps below:
- Quotex E-Wallets – You can directly receive your money on the Quotex wallet, which you can send to your bank account.
- Bitcoin, Ethereum, Tether, and more – You can receive your commission as bitcoins, which you can use to trade further.
- Bank Transfer – This is the best way of getting your commission and keeping it secure in your account. This is quite important since you cannot always invest or trade your money.
The most popular payment methods are:
- Bitcoin
- Ethereum
- Tether
- EPROFIT
- Credit Cards
- Banks of Indonesia
- Banks of India
- Banks of Malaysia
- PIX
- GCash
- Banks of Thailand
- Perfect Money
- Paymaya
What are some alternatives to the Quotex referral program?
There are 2 main alternative referral programs if you compare Quotex to it´s competitors. The Quotex referral program is paying the highest commissions, but not always the broker suits to the affiliates needs because there can be some restrictions from the brokers site. For example, Quotex is not available in every country.
Pocket Option and IQ Option are the best alternatives with their affiliate program:
Pocket Option referral program: | Up to 70% revenue-share and bonuses |
IQ Option referral program: | Up to 50% revenue-share |
What is Quotex? – Quick overview
Quotex is a new online broker where you can trade Binary Options with a high return of up to 90%+ which was founded in 2020. The platform is available in more than 200 countries and downloadable via Appstore, PlayStore or usable on your desktop device.
You can trade more than 100 different assets with Quotex by using short-term contracts from 60-second trades up to trades with more than 4-hour time durations. The trades are limited by profit and by loss. So you know what you can expect before you start to trade. For more information, read our detailed review of the Quotex platform.
- Broker founded in 2020
- Available in more than 200 countries
- Profit up to 90% for traders
- Type: Binary Options trading
- Support: 24/7
- Availability: Desktop, mobile apps
(Risk warning: Your capital can be at risk)
Binary Options of affiliate marketing explained
Affiliate marketing in binary options is a type of marketing based on the performance of the affiliates of a business. The business will reward the affiliates if they bring a customer according to the affiliates’ marketing tactics.
Therefore, if you increase the traffic on the binary trading platform, you will earn a commission on every person who enters the business because of your affiliation.
The binary option provides some of the greatest commissions in this industry, and you can continuously earn through these options since they are recurring commissions. If the trader brought by you trades and earns a profit, you also earn a commission. It’s a total win-win.
The binary options affiliate marketing is a great earning system without actually trading on the same platform.
Conclusion: Quotex offers a highly profitable affiliate program
Quotex is a perfect platform for traders, investors, and affiliates looking for ways to earn money. The Quotex Affiliate program is an amazing way of earning without having to trade and risk your own money. Not only that, it is safer, and the worst that becoming an affiliate does is waste your time.
It is an excellent way of making profits by suggesting others try trading on this excellent platform and making 80% of the profit from inviting each trader. This program is great because it is easy and allows you to earn something.
If you want to know more about the Affiliate program, read the terms and conditions on the Quotex website. You should know everything before joining and becoming an affiliate.
Most Asked Questions:
Is the Quotex partner program a scam?
No, it is definitely not a scam. We tested the Quotex partner program since more than 2 years and it still works great. Payouts are always on time.
Does, the Quotex referral program really pay out?
Yes, payouts are done every week on Thursday. You can earn money by bringing the broker new profit by traders.
How high is the Quotes referral commission?
The highest commission you can earin is 80% of the broker´s profit. This is the 7th account level and you will need more than 700 deposits by your traders per month. The minium commission starts from 50%
Ajendra patel
says:I would like to start affiliate program. Kindly request help me
chakshu
says:hello sir, how are you can i know thats why my account has not opening
Clayton novato
says:I’m not getting support, someone could help me because my affiliate account is not having access
Santosh singh
says:quotex is one of the best application ever seen here And i love it really
Muhammad Abdullah
says:my question is that if i make an account with person “A” link then will the person “A” be able to see my deposits and my withdraw?
Andre Witzel
says:Clients dont see it.