Is there a benefit if we have referrals in the brokerage account ??

[Paul C. Prince]

I am wondering if we really are earning more money in referring people out here and ask them to deposit money etc ... Since referring people are most likely give you more money if you do it in investing hyip not forex. I await your answers

[shere0901]

If forex will pay for every loose or every position that your referral will make it is good as well as giving you commissions on the amount of money the trader put in their account. hope that someone can give how many percent you get in commissions.

[William Weir]

It depends on which broker we are trading with since I use OctaFX broker and with them there is benefit on almost everything. Also, when it comes to referrals they have a solid system of rebate (cash back) so we can bring clients and can earn up to 15 USD whenever they complete 1 lot size trade and the best part is that our commission is given within 24 hours while for withdrawal we can choice our own time since it’s instant.

[fxapex]

yes it is good , you can trade as well as you get commission for refering people, i ve utilised liteforex referal programs and they were good sourse of income too.

[Gaban]

trading under very favorable referral especially if IB is used to provide a large rebate so that we would be more profitable. capital we can grow. and is good for the sustainability of our trading

[orni308]

Referals are good option for earnig extra income and more over you dont have to pay anything to avails such offers.

[Tanzil Al Banna]

It would be! But I don’t have any referral account with my broker! I just use a regular type trading account of TradingBanks broker! This broker is very helpful for retail trader such as, I have all of standard live trading facilities into my live chart even though my trading capital is very low! Besides, I get enough capital security!

[ForexMartTrader]

You may earn from referrals according to the terms and conditions set forth by the broker just as in any other affiliate program. It is always good to refer someone only when you are convinced that the broker is reliable and trustworthy.