What do signal providers and affiliates do? And how do they receive commission?
A signal provider places trades on his or her account, and all clients that have selected this provider in their account settings page receive these trades on their accounts, unless they do not have enough usable margin, or have their max open lots set to low. Signal providers provide signals for all clients who select them in their accounts settings page. Affiliates choose a designated URL (web page) to advertise zulutrade and draw clients to use our revolutionary service. Signal providers get 0.5 pips for each traded lot of his or her own signals ONLY. So provider signs up, sends signals, and passively waits for clients to use their signals, trying to have good performance to attract them. An affiliate gets 0.4 pips for each traded lot of the clients that signed up through his website, for ANY signal. So affiliate signs up, and starts advertising their website to attract clients to zulutrade.