The JustMarkets Subpartner program provides an excellent opportunity for partners to expand their earnings by leveraging their network-building skills. This program allows partners to earn commissions from the trading activities of their direct referrals and the clients referred by their subpartners. Essentially, a subpartner is a client who joins the partner program, becomes a partner themselves, and grows their partner network.
The commission earned through this program is 10% of the commission that the subpartner earns. To activate the Subpartner program, partners need to establish and maintain a network of subpartners who are actively generating trading volume.
Benefits of the Subpartner Program
The Subpartner program offers several advantages that can significantly enhance a partner's earning potential:
- Additional Revenue Stream: The program allows partners to generate income from the trading activities of their subpartners. This can create a steady and potentially growing revenue stream.
- Enhanced Earning Potential: By expanding the network and encouraging subpartners to stay active, partners can increase their earnings substantially.
Steps to Start Receiving Subpartner Commission
To start receiving the Subpartner commission, partners need to meet specific requirements:
- Achieve Silver Partner Level: Partners must reach at least the Silver level within the JustMarkets IB partner program.
- Attract Qualified Partners: The partner should directly attract at least three partners who have reached the Advanced level or higher within the program.
- Request Program Activation: To activate the Subpartner program, the partner must send a written request to the JustMarkets team at partners@justmarkets.com.
Note: if any of these conditions are not met, Subpartner payments may be suspended.
Example of Subpartner Payments
To clarify how the Subpartner commission is calculated, consider the following example:
- Partner A attracts Trader B as part of his Introducing Broker (IB) network.
- Trader B decides to join the IB program, becoming Partner B. Subsequently, Partner B attracts Trader C.
- Trader C begins trading on his account. Based on Trader C's trading volume, Partner B earns an IB commission.
- If Partner B earns $10 in commission from Trader C, Partner A would receive $1 as his Subpartner commission (10% of the commission earned by Partner B).