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Looking to earn some extra cash? Vantage Refer a Friend offers a simple way to gain income without having to open any trades.
Are you tired of the daily grind and looking for some extra income? Maybe you're saving up for a dream vacation, a down payment on a house, or just want some breathing room in your budget. Whatever your reason, Vantage Refer a Friend program is an excellent opportunity to earn some extra cash.
If you're not familiar with Vantage, they are an established broker in the financial industry. It maintains its headquarters in various countries including Australia and the United Kingdom, catering to a vast clientele of more than 4 million individuals seeking Forex/CFD trading services. Moreover, this broker adheres to strict regulatory guidelines, receiving approvals from multiple regulatory bodies such as ASIC, VFSC, CIMA, and FCA.
The Refer a Friend program from Vantage is straightforward, and the bonuses can add up quickly. Are you interested?
How to Get Started
Starting from November 6, 2021, this program specifies the client referring to their associates as the Referrer, while the person invited by the Referrer as the Referee. The process is comprised of just three easy steps:
- The first step to becoming a Referrer is by opening a live account. Don't worry, the sign-up process is straightforward, and you can complete it either online or in person at one of their branch locations, depending on what works best for you.
- After becoming a member, you can easily access the Refer a Friend program through your online account or by contacting customer service. Once you sign up, you'll receive a unique referral link or code to share with your friends and family. Remember that the Referee must register through the Referrer's unique link or QR code, which can be found within the Vantage app or Client Portal.
- Share your link over social media or email and earn cash. When someone you refer opens an account or takes out a loan, they'll use your link or code, and you'll receive a bonus. The bonus amount varies depending on the product the person signs up for, but it can range from $25 to $100.
Where to Find the Information on the Official Broker Site?
- This information is reported per Mar 20 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 Vantage Markets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How Much is the Bonus?
The vouchers are awarded in different amounts depending on whether the Referee is from Tier 1 or Tier 2 countries.
- Tier 1 countries include Germany, Denmark, Switzerland, the UK, Norway, France, Netherlands, Sweden, Austria, Ireland, New Zealand, Hong Kong, Taiwan, Finland, and Portugal.
- Tier 2 countries include all other countries except Afghanistan, Albania, America Samoa, Australia, Belarus, Bermuda, Bosnia and Herzegovina, Burma/Myanmar, Burundi, Canada, Central African Republic, China, Crimea, Cuba, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Iran, Iraq, ISIL (Da'esh) & Al-Qaida & The Taliban, Japan, Lebanon, Libya, Mali, Montenegro, North Korea, Northern Mariana Islands, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Sevastopol, Sierra Leone, Singapore, Somalia, South Sudan, Sudan, Syria, United States of America, United States Virgin Islands, Venezuela, Yemen, and Zimbabwe.
If the Referee is from a Tier 1 country, they must perform the following actions in order for the Referrer to receive the corresponding voucher amounts:
- Register an account with Vantage ($10).
- Have their live trading account approved by Vantage ($20).
- Fund their account with at least USD $200 ($40).
- Trade a minimum of 1 lot on products provided by Vantage ($50).
- Trade a minimum of 5 lots on products provided by Vantage ($80).
On the other hand, if the Referee is from a Tier 2 country, the Referrer will receive:
- A $10 voucher when the Referee's live trading account is approved by Vantage.
- A $20 voucher when the Referee funds their account with at least $200.
- A $30 voucher when the Referee trades a minimum of 5 lots on products provided by Vantage.
Only round-turn transactions in FX, Gold, Silver, Crude Oil, or indices will count in this program.
In addition to the vouchers awarded to the Referrer, the Referee may also be eligible for bonuses at Vantage's discretion. Referees from Tier 1 countries must successfully register a live account with Vantage to receive a $50 voucher. Meanwhile, Referees from Tier 2 countries would be eligible to win a $10 voucher after a successful live account registration.
All vouchers will be issued automatically to both the Referrer and Referee within 24 hours after the Referee meets the required actions. Also, the vouchers must be redeemed within 30 days from the date of issuance.
The bonus amounts are denominated in US dollars. If the Referrer or referee's trading account is not based on US dollars, the bonus amount will be converted into their account's currency using a formula based on the current exchange rate, which varies depending on the currency used.
Under this offer, each Referrer can refer up to 100 new Referrals. Vantage will assess the Referrer's eligibility after the first 5, 20, and 50 Referrals, and any additional Referrals will be considered at Vantage's discretion.
Final Thoughts
Vantage Refer a Friend program is a great opportunity for existing Vantage clients to earn some extra cash by referring their friends to the platform. By following the simple steps outlined in this guide, Referrers can earn up to $200 in vouchers and a $50 bonus, while Referees can earn up to $100 in vouchers.
However, it's important to follow the terms and conditions of the program, including not promoting oneself as an agent, IB, or Affiliate of Vantage, and ensuring that all referrals meet the trading requirements and provide valid proof of address.
If you play by the rules, the program can be a great way to earn some extra cash while also sharing your love of trading with those closest to you.
Vantage is a multi-asset broker with over 10 years of experience. Headquartered in Sydney, the award-winning broker operates in 172 countries with more than 1,000 employees in over 30 global offices. Some of their winning points include transparency, and stong regulation, lightning-fast trading execution, and raw ECN spread from 0.0.
16 Comments
Delphine
Mar 22 2023
It seems the refferal program seems very tempting. I am new here in Forex, and dont know anything about the Forex system. But based on the article, if i want to get the reffereal program, I need to open live account and share the my spesific link. And the clicker need to register and deposit some money in there and do the trade.
The problem is I dont know how much they need to trade if their minimum trading are 5 lot. I mean how much they trade and is it the 5 lot is very minimum trade? Can anyone help me?
Henry
Mar 22 2023
Based on the information provided on the Vantage FX website, the minimum trading size is 0.01 lot. To reach the 5-lot threshold, 500 trades of 0.01 lot size would be necessary. Alternatively, larger lot sizes could be used to make fewer trades, such as 50 trades of 0.1 lot size or 5 trades of 1.0 lot size. However, it's important to consider the burden that may be placed on the referee, as they may experience significant losses.
Therefore, it's advisable to educate your referees about Forex trading and how to trade before encouraging them to participate. Having a solid understanding of Forex and trading strategies can help maintain your referees' engagement and reduce the likelihood of them quitting Forex due to significant losses
Jessie
Mar 22 2023
I agree! Referring people to a Forex broker and earning money through their trades may sound easy, but it's not necessarily a piece of cake. You need to find people who are interested in Forex trading and willing to sign up for an account with the broker. Then, you have to make sure that they're actively trading and meeting the requirements for the referral program. On top of that, you need to maintain a relationship with them to make sure they keep trading, which can take time and effort.
Also, it's important to remember that trading involves risks, and your referrals may experience losses. So, it's crucial to educate them about Forex trading and how to manage risks.
Overall, the referral program in Forex can be a great way to earn extra cash, but it requires effort and a solid understanding of Forex trading.
Mark
Mar 22 2023
I'm interested in the referral program at Vantage, but it seems like you have to open a live account with them. The thing is, I don't wanna trade, I just wanna follow their program. So, why do I gotta go through the registration process? Also, when you open a live account with Vantage, do they ask for proof of identity and address? Is this something that referrers in their program also need to provide?
Lastly, I'm curious to know if I need to make a deposit when I open a live account with Vantage, and if so, how much?
Trestan
Mar 22 2023
I will answer you with some list :
Afra Moitan
Apr 15 2023
@Mark:If you're interested in the referral program at Vantage but do not want to trade, you may still need to open a live account with them in order to participate. This is because the referral program is typically designed for live account holders, who can refer friends or family members to sign up for their own accounts. It's possible that Vantage may have some exceptions or alternative programs available for individuals who do not want to trade but still want to participate in their referral program, so you may want to reach out to their customer service team to inquire about your options.
When opening a live account with Vantage, it is common for brokers to ask for proof of identity and address, as part of regulatory requirements. This is done to ensure that the person opening the account is who they say they are, and to prevent fraud or other illegal activities. It is likely that Vantage will also ask for this information from referrers who sign up for their program, to ensure that they are legitimate and authorized to participate.
Regarding deposits, it is possible that Vantage may require a minimum deposit in order to open a live account. The amount of this deposit can vary depending on the broker and the type of account being opened. It is recommended that you review Vantage's account types and associated fees to determine the minimum deposit required for the account you are interested in opening. It's important to note that even if you are not interested in trading, you may still need to make a deposit in order to participate in the referral program or other services offered by Vantage.
Mamun Bin Rashed
Apr 15 2023
How does Vantage's referral program compare to similar programs offered by other forex brokers? This question allows for a comparison between Vantage's referral program and other similar programs offered by competitors. Some of the factors to consider could include the size of the bonus, the eligibility requirements for referrers and their friends, and the overall approach of different forex brokers to referral programs. Additionally, the question can explore the value of referral programs to traders, including whether they are an effective way to earn additional income or build a community of like-minded traders. This comparison can help traders evaluate the suitability of Vantage's referral program for their own needs and goals.
Kevin
Apr 16 2023
@Mamun Bin Rashed: G'day, mate! Vantage's referral program is a ripper and stands out from the crowd in a few ways. First off, their referral bonus is top-notch and can really put a smile on your face. They make it worth your while to bring your mates into the fold, offering some enticing rewards that'll have you eager to spread the word about Vantage.
Now, when it comes to who can get in on the action, Vantage keeps things fair and inclusive. They don't put up any unnecessary roadblocks or fancy requirements. They want as many traders as possible to join in and enjoy the benefits of their referral program. So, it's all about getting your mates on board without any hassle.
But here's the beauty of it, mate. Vantage doesn't just stop at the bonuses and referrals. They understand the importance of community and support in the trading world. They foster a real sense of camaraderie among their referred clients, creating an environment where traders can learn from each other, share insights, and offer support. It's like having a tight-knit trading crew by your side.
When you compare Vantage's referral program to others in the market, you'll see that they've really hit the mark. The size of their bonuses, the inclusive eligibility, and the focus on building a supportive community all make them a standout choice. It's all about finding a program that fits your goals and preferences, and Vantage's offering ticks many boxes.
Roberto
May 19 2023
When it comes to the referral programs offered by Vantage, I noticed they have tier 1 and tier 2 options, each with different terms. I understand that these differences might be due to variations in the region or country where Vantage operates. However, I'm curious about the factors that can lead a broker to provide different terms within the same referral program. What are some factors that can influence these variations? Are there regulatory considerations, market conditions, or other factors that come into play? Understanding the reasons behind these differences can shed light on the dynamics of referral programs in the brokerage industry. Thank you for any insights you can provide!
Rendo
May 19 2023
Hey there! I've been doing some research on XM's offerings, and their 'Enjoy 70 Percent Extra Deposit Bonus' promotion has caught my attention. However, as a trader from the United States, I want to make sure that I'm not wasting my time by signing up for a demo account if XM doesn't accept US traders. So, before diving into the process, I would greatly appreciate your assistance in clarifying a few points.
First and foremost, I would like to understand XM's regulatory framework. Could you provide some insights into the regulatory bodies that govern XM's operations? It's important for me to know that XM operates under a reputable regulatory environment to ensure the safety of my funds and the fairness of their services.
Additionally, given that I am a US trader, I would like to know if XM accepts clients from the United States. As regulations and policies can vary across different regions, it's crucial for me to determine whether I meet the necessary criteria to participate in the bonus program and trade with XM.
Jimenez
May 19 2023
@Roberto: Well, mate, one factor that comes into play is good ol' regulations. Different places have different rules, you know? So brokers have to play by the book and make sure their referral programs follow the local regulations. That means the terms might have to be adjusted to meet the legal requirements. Another thing to consider is the market conditions. Every region has its own competitive landscape. So brokers gotta keep up and stay ahead of the game. They might tweak their referral program terms to make 'em more enticing in regions where the competition is fierce or where there's a high demand for their services.
Oh, and let's not forget about those local partnerships. Brokers sometimes team up with local entities or individuals, and that can influence the terms of the referral program. They might offer different rewards or incentives to match the interests of their local partners. And, of course, brokers have their own marketing strategies. They might have different goals for different regions. So the referral program terms can be tailored to support those strategies. They might focus on specific demographics or industries in certain regions.
Kenny
May 31 2023
So, based on the information provided, the bonuses awarded by Vantage differ depending on whether a trader is from a Tier 1 or Tier 2 country. Now, let's dig deeper into this. What are the advantages or differences in bonus amounts that traders from Tier 1 countries like Germany, Denmark, Switzerland, and the UK can expect compared to traders from Tier 2 countries? Are the bonus amounts more generous for Tier 1 countries, or do Tier 2 countries also receive attractive bonuses? We'd love to hear more about how Vantage rewards traders based on their country tiers. Spill the beans!
Kane
Jul 11 2023
@Kenny: Alright, let's dive into the juicy details about those Vantage bonuses based on country tiers, my friend! So, here's the deal: the advantages and differences in bonus amounts for traders from Tier 1 countries like Germany, Denmark, Switzerland, and the UK compared to traders from Tier 2 countries can vary. Unfortunately, I don't have the exact scoop on the specifics because the details can change and it's best to get the latest info straight from Vantage.
But here's the lowdown, bro: typically, Tier 1 countries with their strong financial markets and high trading volumes may get more attention and potentially more generous bonus amounts. It's all about recognizing the significance of those markets, you know? But don't worry, it doesn't mean Tier 2 countries won't get attractive bonuses! Brokers like Vantage want to entice traders from all regions, so they usually offer enticing bonuses across the board.
To get the real deal on the exact bonus amounts and differences between Tier 1 and Tier 2 countries, it's best to reach out to Vantage directly or check their official website. Their customer support will spill the beans and give you all the info you need to make your trading decisions. Stay in the loop, bro!
Henderson
Jul 12 2023
Hey there! Just being very interested here. Based on the article, it said that Vantage regulated by Australia and United Kingdom. So, I want to ask, what are the implications and benefits for Vantage, a broker with headquarters in Australia and the United Kingdom, of being regulated by multiple respected regulatory bodies such as ASIC, VFSC, CIMA, and FCA? How does this multi-regulatory status enhance Vantage's credibility, client protection, and market reach, and what are the advantages for traders seeking reliable and compliant trading services from a broker like Vantage?
joao
Oct 25 2023
@Henderson: Hey there, when a broker like Vantage is regulated by multiple respected bodies like ASIC, FCA, VFSC, and CIMA, it's like they've got a bunch of security badges. This means a few cool things:
They're Super Trustworthy: These badges show that Vantage plays by some really strict rules, and they're totally serious about keeping your money safe and playing fair.
Your Money is Safe: Your cash is kept separate from the broker's money, so even if they have financial troubles, your funds are protected.
They're Everywhere: With all these badges from different places, they can serve traders from all over the world. No matter where you're trading from, they've got you covered.
They've Got Your Back: If you ever have a problem, these badges mean there are extra ways to get help and sort things out.
No Funny Business: They have to follow strict rules to keep bad stuff like money laundering and fraud away.
So, for traders looking for a broker they can trust and who plays by the rules, Vantage with all these badges is a smart choice. Your money's safe, they're legit, and they offer you lots of opportunities for trading.
Irna
Oct 27 2023
in this referral program, they talk about "round-turn transactions." But what's that all about, and how does it play into the whole deal, especially when it comes to trading FX, Gold, Silver, Crude Oil, or indices?
Now, they're saying that only these round-turn transactions in specific stuff like FX, Gold, Silver, Crude Oil, or indices will count for this referral program. But why these particular things? What's the deal with them, and how do they factor into the whole Referee, Referrer, and voucher equation? Understanding this can help me crack the code on how this program works and make the most of it. And I think, understanding this can help me to see if the programs are good and reachable or not.
Hope there is an answer to clear my mind about those questions above! Thank you!