Referral programs

This section is intended for setting up referral programs for introducers (inviters) and bonus programs for invited clients.

Referral programs

Referral programs are applied to the invited client's profile when it is created.

The tab contains a table with configured referral programs:

The table consists of the following fields:

Name	Description
ID	ID of the referral program in the platform
Broker ID	Broker ID
Name	Referral program name
Code	Referral code
Introducer account	Introducer account to which the commission from the referrals is credited
Bonuses	Selected bonus program
Instrument groups	Instrument groups whose trading volume will be credited to the introducer (for commission type Percent of volume )
Fee type	Percent of volume, percent of commission or percent of deposit
Currency	The currency in which fees are paid
Percent	Percent of fee that will be charged to the intermediary when charging the referral's account
Expiration date	Date until which the referral program can be activated
Duration in days	Duration of the referral program
Status	Status of the referral program - Active or Finished
Created	Date of referral program creation
Modified	Date of modification of the referral program

The records in the table can be filtered by Name of the referral program and its Status.

To add a new referral program, click Add referral program button.

Adding a referral program

When adding a new referral program, the next fields must be filled:

Name	Description
Name	Referral program name
Code	Referral code: can be set manually or created automatically by clicking Generate code button
Account	Introducer account to which the commission from the referrals is credited
Bonuses	One or more available bonus programs (configurable in the Bonus Programs tab)
Currency	Currency in which bonuses are paid to the introducer
Percent of commission	Percentage of commission that will be charged to the introducer when charging the referral's account
Instrument groups	Instrument groups participating in the program (if not specified, all existing ones are used)
Expiration date	Date until which the referral program can be activated
Duration in days	Duration of the referral program
Fee type	Percentage of volume, percentage of commission or percentage of deposit

Commission types define what the introducer will be charged interest for: Commission Percentage - the introducer is charged interest when charging a commission to the account. Deposit Percentage - the introducer is charged a percentage for deposit transactions to the client's account. Percentage of volume - the introducer is charged a percentage of the trading volume of the invited person. Does not support instruments of Cash type.

Bonus programs

The tab contains a list of settings of bonus programs for clients, which contain conditions for bonus accrual. Bonus program activation on the account takes place at the moment of account creation within the referral program or manually (block Adjustment of the account). Accruals to the client's account occur when the client fulfills the conditions of the bonus program.

To add a new bonus program you should press the Add button.

An existing bonus program can be modified by clicking Edit mode.

To create a copy of an existing program, you should press the Duplicate button.

Adding a bonus program

In order to add a bonus program it is necessary to give it a Name, set Currency, Instrument groups and Expiration date of the program:

Please note! Currency specified does not affect bonus programs with Deposit bonus type. When this Deposit bonus type is selected, the account currency is used.

Also note! If the Instrument groups field is empty, the bonus program will apply to all instrument groups.

Bonus settings are filled in depending on the selected bonus program type:

Deposit bonus

Name	Description
Bonus rate	The value of the bonus received as a percentage of the deposit amount (in the deposit currency)
Volume multiplier	Volume multiplier, by which the deposit is multiplied. The bonus will be credited when the trading volume is equal to the product of the deposit and the multiplier
Trade period in days	Bonus lifetime after activation

The deposit bonus is activated when you apply the program to your profile.

Non deposit bonus

Name	Description
Bonus value	The value of the received bonus (in bonus currency)
Required trade volume	The value of the trade volume that must be reached for the bonus to be credited
Trade period in days	Bonus lifetime after its activation

Cashback

To customize it, select Bonus period, after which bonuses can be credited when the set Trading volume is reached.

The Cashback settings block is used to add the cashback rates and the trading volume that must be reached to receive it.

To add a new setting, click Add new and fill in the fields in the opened sidepage:

Name	Description
Cashback rate	Cashback value in the set bonus currency
Trading volume	Trading volume in the specified bonus currency required for bonus accrual

To save your cashback setting, click Save.