Grand Capital lowers min deposit fourfold, halves min trade amount for CPA affiliate program

Grand Capital lowers min deposit fourfold, halves min trade amount for CPA affiliate program

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Forex binary options and contracts for difference (CFDs) broker Grand Capital has introduced some changes to its cost-per-action (CPA) affiliate program, including increased minimum deposit and trade amounts of $50 and $10, respectively, it said on Thursday.

Prior to the change, the required client deposit was a minimum $200 and the minimum trade amount was #20.

“We are very attentive to our partners’ needs and want them to benefit from the most profitable conditions,” said Anatoly Glezeris, head of partnership at Grand Capital. I am sure that the new conditions will help every CPA partner to increase the monthly income,” he added.

Grand Capital CPA affiliate programe
A scheme of how Grand Capital’s CPA affiliate program works

The CPA program is designed for binary options trading. Affiliate partners under this type of program receave a fixed commission for each new client they attract. This amount has also been altered to $50 for each client.

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.

Earlier this week, Grand Capital said it has increased the commission payments to affiliate partners to a minimum of $15 per one standard lot. It said at the time the highest commission for both existing and new affiliates would receive from the broker is $80 per lot.

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 has offices across Europe and Asia.

The broker provides financial, educational and brokerage services and offers trading in forex, as well as in binary options and CFDs on stocks, gold, oil, lumber and forex instruments.

Source: Grand Capital

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