What is Forex?
Forex = Foreign exchange (also used for gold, silver, oil and indices industry)
Leveraged Trading = deposit $100, trade up to X400 so you can trade up to $40,000
Example trading
Oil price is $60.00, you buy with $60 (X50) 50 barrels of oil, if oil goes higher to $61 you made $50 if it went down to 59 you lost $50.
Where is the money?
Forex companies generate revenue from the SPREAD between the buy and sell prices of the asset:
For example:
USD/JPY buy price is 99.83 and sell price is 99.80
The difference between the buy/sell price is 3 pips (range from 1-10)
If you buy with $100 (X400) 40,000 USD/JPY
You buy at the higher price of 99.83
Your spread is 12$ (12% of the transaction)
You sell at a price of 99.93 you profit 40$
Revenue share is calculated from the spread (12$)
Where is the money for Affiliates?
Like other industries, affiliates commission structure is with CPA per new trader or revenue share from each one, in eToro you can get 25% Revenue Share (High customer value).
Earn 25% of the revenue share eToro generates from your referred users.
$200 CPA
You earn $200 for a new referred user who makes a deposit at eToro.
2nd tier program
Get 20% of the commission earnings for all your sub affiliates.
In addition, each month we offer substantial rewards for outstanding affiliates with various promotions.