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JustMarkets' referral program offers a reward of $50 for every client you invite. Therefore, you don't have to trade or deposit any money to get the prize.
Many brokerage firms offer partnership programs to gain new clients and expand their business. One of the most popular types is called online referral programs.
Generally speaking, this type of program involves introducing new clients to a trading service provider and persuading them to register on the platform. In return, you will receive commissions based on how valuable the new signups are for the company. In a nutshell, it's based on mutual benefit between the affiliate, the company, and the customer.
In this post, we will talk about the referral program offered by JustMarkets, which is a broker suitable for traders of all experience levels.
Contents
Introduction to JustMarkets Referral Program
JustMarkets referral program offers an opportunity to earn additional income simply by referring the brokerage firm to new clients. You will get a $50 commission for every client that successfully registered using your referral link and fulfilled the required conditions. Meanwhile, the referred client (friend) will get a 150% deposit bonus. This program is available for all clients of JustMarkets, except the ones who are already participated in the IB program.
The commission will be transferred directly to your account once the new client completes the following requirements:
- Verification: the invited friend has to complete the full verification process, including the proof of identity and proof of address/residence.
- Deposit: the invited friend must deposit at least $100 or equivalent either as single or multiple transactions to their new trading account.
- Trading: the invited friend should trade at least 10 standard lots with the difference between Open Price and Close Price of the order equal to 6 pips (60 points) or above. They can choose to trade using any available instrument on the broker, including forex, metals, and others.
Please note that the invited friend must fulfill all the requirements within 30 days after the date of registration. Also, it is prohibited to refer themselves or relatives as friends. Once the commission is received, the commission can be transferred from the "Refer a friend" account to another trading account and can be withdrawn using the available payment methods in JustMarkets.
Where to Find the Information on the Official Broker Site?
- This information is reported per Apr 18 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore JustMarkets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Participate
In order to participate in the Referral program, you'll need to follow these steps:
- Log in to your account, open the Back Office, and copy your unique referral link.
- Invite your friends to register with JustMarkets using your referral link.
- Get a $50 reward for every successful referral.
What are the Benefits?
As mentioned before, referral programs are designed to benefit all parties involved, including the company, the referral, and the referred client. To be precise, JustMarkets will easily get new clients, the referral will get $50 reward for every invited friend, and the referred client will get 150% deposit bonus.
The second benefit is that there's no limit to the amount of bonus that you can get. You can invite as many friends as you like and earn just as much. So, the more clients you invite, the more you earn. This program can be a great alternative to make additional money aside from trading.
Conditions for the Referred Clients (Friend)
Each referred client will get a 150% deposit bonus for opening a Pro or Standard trading account using a referral link. The bonus will be received only once after a successful deposit (internal transfer between accounts is not allowed). However, please note that the maximum bonus that can be received by the new client both on one or multiple trading accounts is $15,000.
In order to receive the deposit bonus, here's what the client should do:
- Mark the "Get a Deposit Bonus" in the deposit form of the Back Office.
- Read and accept the "Deposit Bonus rules".
- Click the "Deposit" button.
The prize will be credited to the trading account in the field "Credit" and can be used as an additional margin for trading. To transfer the funds from "Credit" to the field "Balance" and make the funds available to withdraw, the client is required to trade using the following formula:
Number of Lots = Bonus Amount / 2 for the Pro and Standard Accounts
The maximum time to complete the trading requirement is 30 calendar days from the deposit date. Until the trading volume requirement is met, only the profit made using the bonus can be withdrawn.
The Bottom Line
Referral program is a great way to earn additional income aside from trading activities. This type of promo is beneficial for all traders, especially from experienced brokers with a good reputation among traders. Traders can simply use their knowledge and experience to persuade other clients to register with the broker.
JustMarkets is a reliable broker with plenty of attractive offers. Aside from the referral program, JustMarkets also offers a number of other partnership programs that might interest you, such as Introducing Broker (IB), regional representative, payment agent, and MAM.
JustMarkets is a financial broker that offers favorable conditions for traders to earn from the financial markets. They provide multiple trading account options with an extensive range of trading instruments, enabling clients to choose the most suitable one according to their preferences.
10 Comments
Ewndel
Apr 22 2023
So, essentially, the referral program offered by JustMarket involves introducing new clients to their trading services. In this case, we would be introducing JustMarket to potential clients and hoping that they will open a live account with the broker. Is my understanding correct?
As for the requirements of the program, the article states that we need to log in to our account and copy the referral link. We can then share this link with our clients, and if they successfully deposit $100, trade 10 lots with a minimum of 6 pips profit, we will receive $50. However, I am unsure about how to effectively introduce the broker to potential clients. Do we need to have Forex knowledge to attract the right clients, and do we also need to open a live account with JustForex to participate in this referral program?
Cindy
Apr 23 2023
Okay, so to get in on the referral program offered by JustMarket, you gotta log in to your account first. Then you gotta copy the referral link, which is basically a special link that you can use to refer other people to JustMarket. You can share this link with your friends, family, coworkers, whoever you think might be interested in trading with JustMarket. If any of these people click on your link and sign up for a live account with JustMarket, you could get a sweet $50 reward.
Now, of course, there are a few requirements that these people have to meet before you can get your reward. First off, they gotta deposit at least $100 into their new account. Then they gotta make some trades - specifically, they gotta trade at least 10 lots and make at least 6 pips of profit on each trade. If they do all that, then you're in the money!
But here's the thing - you can't just copy and paste your referral link and expect people to sign up. You gotta be able to sell them on JustMarket first. You gotta make it sound like a good deal, like something they should definitely check out. Now, if you already know a thing or two about Forex and trading, that might help you make a better pitch. But it's not strictly necessary - you could still make some money from the referral program even if you're not an expert.
And just to be clear, you don't have to open your own live account with JustForex in order to participate in the referral program. All you gotta do is log in to your account and start sharing that referral link. Easy peasy, right?
Ewndel
Apr 23 2023
Wow, really? That's great news! I was worried that we might have to open a live account and deposit money like with other brokers. You know how some referral programs sound great at first, but then they require you to put up some cash in order to participate. It can be pretty annoying, to be honest. But with JustForex, it looks like we don't have to worry about that. We can participate in the referral program without having to open a live account or deposit any money, which is really cool.
However, I agree with you that having some knowledge of Forex might be helpful when trying to convince potential clients to sign up with JustMarket. If we can explain to them the benefits of trading with JustMarket and show them how easy it is to get started, they might be more likely to take the plunge. So, let's follow your idea and brush up on our Forex skills, just to be on the safe side.
richard
Apr 23 2023
In the referral program offered by JustForex, participants have to make a certain number of trades to achieve 10 lots. Could you provide more information on this requirement? Specifically, could you explain what a lot is in Forex trading, and how many trades would be necessary to achieve 10 lots? Is it possible to achieve 10 lots by making several smaller trades, or would larger trades be necessary? Additionally, are there any other requirements that participants need to fulfill in order to be eligible for the referral program's rewards other than the article explained, such as making a certain amount of profit on each trade or completing the trades within a specific timeframe? Any additional details you can provide on this aspect of the referral program would be greatly appreciated.
Sanji
Apr 24 2023
So, in the JustForex referral program, a lot is like a unit of measurement for Forex trading. To get to the 10 lots goal, you gotta make trades with a total value of 1,000,000 units of a currency pair. The number of trades you need to make depends on how big your trades are. If you're doing 0.1 lots, you gotta make 100 trades, but if you're doing 1 lot, you only need 10 trades.
And to qualify for the rewards, you gotta make at least 6 pips profit on each trade, which is like a small amount of money. But there's no strict time limit on when you gotta complete all the trades. Just keep in mind that JustForex might change the program's rules at any time, so it's important to stay up-to-date on any updates.
Kamila
Apr 24 2023
This is actually pretty interesting. I've always wanted to try affiliate/referral programs myself, but never got to do it due to my lack of social media followers (which is often one of the requirements by the company). However, this is not the case with JustMarkets, so I really want to try promoting it to my friends. Any tips on how to become a successful referral?
Mandy
Apr 25 2023
There are several things that should be considered before taking part in a referral program. The first step is to choose the right partner. You need to make sure that you're promoting the right broker/company. It's even better if you are also a client in that broker and you feel satisfied with their service. This will definitely make it easier for you to persuade other people to sign up and make an account.
Second of all, you should also consider the reliability of the bonus program itself. Learn about all of the terms and conditions so you can answer any question that potential clients might ask. Also, pay attention to the program's campaign period. Make sure that it's still active and worthy for your friends.
Patty
Apr 25 2023
Hi, you guys. Just want to share my experience here. I've tried joining a referral program in my early days and it didn't work out well. Personally, I think this program is suitable for experienced traders who actually know what they're talking about and already managed to make a good amount of money from their trading activities. We must note that most people only listen to experts. This is what makes their recommendations matter. If you're a complete amateur like I was back then, I can guarantee that it's harder to make the promotion sounds convincing, unless you have a really good marketing skill. Your friends will probably check out the broker, but there's a low chance that they will register, let alone putting their money into it.
Hannah
Apr 24 2023
It seems that partnership programs are getting more popular these days. I can see why though. It's quite an effective marketing strategy, not only for brokers but also commercial companies and businesses. My question is that what are the differences between each of these programs? I'm not exactly an expert in this field, so have no idea which one is the most profitable: introducing broker, referral, or affiliate program.
Loli
Apr 25 2023
Good question. The answer is actually pretty simple, although they are indeed pretty similar because all three of them basically provide a way for clients to access a certain product or service.
Like the name suggests, Introducing Broker is a program that introduces a customer to a broker service. IBs are essentially individuals or companies that act as an agent between the broker and the client. Their job is to maintain a long-term relationship with their clients. IBs usually earn rebates from client trades, so it is the best interest of the IB that the client is profitable and continues to trade with the broker.
Meanwhile, affiliates and referrals usually earn on a CPA (cost per acquisition) payment plan. They will receive a fixed fee every time they successfully introduce a client to the broker. The broker usually has several requirements that the referred client has to fulfill. Once it's done, the affiliate will receive the commission. Hope this helps :)