by Ntrader » Wed Aug 14, 2013 11:31 am
Multilevel system
The concept is based on creating a network of independent agents, each of which, in addition to attracting traders, also has the power to attract partners who have similar rights. Revenue of each member consist of a network of traders that trade and pay for transactions. Each attracted trader can be a partner and start to attract traders, from which you receive compensation from the commission for transaction, as part of the commission which will receive the first partner in the chain. Payments will go to the partner of all four levels of affiliate programs.
Example:
Level 1:
You attracted: 4 traders, one of whom became a partner
level 1. Attracted traders made a turnover of 10 lots each on the currency pair EUR/USD.
Your profit on the 1st level is: $ 400 (50% of the spread)
Level 2:
Your Level 1 partner has attracted 4 new traders,
one of whom became a partner in the 2nd level.
Attracted traders made a turnover of 10 lots each on the currency pair EUR/USD.
Your profit on the 2nd level is: $ 40 (10% of the spread)
Level 3:
Your Level 2 partner has attracted 4 new traders,
one of whom became a partner in the 3rd level.
Attracted traders made a turnover of 10 lots each on the currency pair EUR/USD.
Your profit on the 3rd level is: $16 (4% of the spread)
Level 4:
Your Level 3 partner has attracted 4 new traders.
Attracted traders made a turnover of 10 lots each on the currency pair EUR/USD.
Your profit on the 4th level is: $12 (3% spread)
The total amount that partner earned is $468 ($400 + $40 + $16 + $12)