Broker Grand Capital hikes commissions for affiliate partners

Broker Grand Capital hikes commissions for affiliate partners

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Forex binary options and contracts for difference (CFDs) broker Grand Capital said on Thursday it has increased the commission payments to affiliate partners to a minimum of $15 per one standard lot. The highest commission for both existing and new affiliates would receive from the broker is $80 per lot.

The fees apply for all types of instruments available for trading with the broker.

The rest of the conditions of Grand Capital’s affiliate program remain unchanged. Commissions continue to be deposited on a daily basis and calculated based on the last month’s in/out values. After two months of inactivity, payouts will be discontinued.

More details about Gain Capital’s new affiliate partner commissions follow: Grand Capital affeliate commissionsAccording to Gain Capital, these are the highest commissions for a broker’s affiliate partners available on the forex market.

“We are always looking for the best affiliate program conditions that would benefit both us and our partners. The fact that the interest to our affiliate program increased after the new conditions had been introduced proves that we are moving in the right direction,” Anatoly Glezeris, head of partnership department at Grand Capital, said. “This time we decided to eliminate the gap between new and existing partners and provide winning conditions for all partners of Grand Capital,” he added.

The broker provides several types of affiliate programs – under a franchising or white label agreement, introducing agent (or a web partner), regional representative, or cost per action (CPA), where partners earn a set amount for each attracted client.

Under the programs, Grand Capital’s partners and their clients gain access to all of the broker’s services, including customer service. Some partners can also attract sub-partners and receive part of the profit they make.

In addition to commissions, Grand Capital’s affiliate partners receive bonuses for clients whose trading volumes exceed 5 lots, or $1,000 for binary options trading accounts, within a single reporting period.

Grand Capital is based in Seychelles and is a member of Russia’s Center for Regulation in OTC Financial Instruments and Technologies (CRFIN), a Russian self-regulatory organization, and the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization. It also has offices across Europe and Asia.

It provides financial, educational and brokerage services and offers trading in forex, as well as in binary options and contracts for difference (CFDs) on stocks, gold, oil, lumber and forex instruments.

Source: Grand Capital

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