As trading in the Forex market becomes increasingly complex and risky, many novice traders, even the most experienced, find it difficult to manage the uncertainty involved in trading. Being too afraid of the risks of trading or lacking the time to open a position causes you to hesitate to trade and trigger trading errors that result in losses.

To meet the growing needs of traders and investors, IC Markets offers the opportunity to allocate funds according to personal preferences, including making money without being directly involved in trading. This Australia-based broker offers a great way to earn passive income, one of which is through the Partner Programme.

The IC Markets Partner Programme requires your participation to promote the broker in order to invite many new clients. When you join, you will receive up to 50% active referral bonus or commission. Through this programme, you can profit from your clients in a number of ways, from funding your account to maintaining a set amount in your trading account.

Overview

For more than two decades, IC Markets has been developing an internationally regulated multi-asset online trading brokerage, headquartered in Australia. Many beginners and experienced traders are attracted to the brand due to its global reach, unrivalled trading education, wide range of account types and competitive trading conditions.

In addition to offering a wealth of benefits through trading, IC Markets also offers ways to earn passive income through its partner programme. The programme allows individuals and entities to earn commissions by promoting brokers and attracting new clients. As such, the IC Markets Partner Program is geared towards individuals or organisations that have an established clientele or network.

The affiliate programme is the easiest and most popular way to generate passive income. If you are a website owner, social media influencer, or wealthy online social network, becoming an IC Markets Partner can help you grow financially by receiving real-time commissions paid to affiliated trading accounts, as well as the opportunity to start your own business or side hustle.

Types

The partner programme has three main commission structures: Affiliate, Introducing Broker (IB) and White Label partner programme, and here is the difference between the three.

The IC Markets Affiliate Programme is the best partner programme according to the partner reviews associated with the company. The programme is more suitable for individuals or entities that may not have a long-term business plan but still want to earn commissions for referring clients, allowing partners to earn up to 50% of the revenue from your referrals.

The IB Broker Program is for individuals or entities interested in establishing a long term business relationship with IC Markets.The IB programme will operate on a more personal level, with direct contact with clients. For Tier 1 partners under the programme, the CPA is set at $250, which is earned on each successful trade, and for Tier 2 and Tier 3 partners, the CPA is set at $200 and $100 respectively.

The White Label Partner Programme is the highest commission of the other two programmes. A white label partnership is an agreement between two companies where one company provides services on behalf of the other (the retailer) to produce a product or service. Although there is a minimum fee to become a partner in this programme, the payments are high and you can receive up to 65.2% of the revenue generated by the referred clients. Additionally, there is no minimum deposit requirement for referred traders and codes are available for up to 3 days.

Please note that affiliate and IB programmes require you to pay a deposit. As mentioned in the table above, this is because you will only become a qualified member or IB of IC Markets if you deposit $800 or more.

Additional Commissions for Large Scale Traders

Volume incentivised partners receive additional commissions once the referred clients meet the volume requirements. When this volume target is reached for 3 consecutive months on the IC Markets MT4 and MT5 platforms, the broker will complete the necessary validation process to fulfil the right to receive additional commissions from the partner. As a partner, you will earn commissions based on trading volume per client and account type for Forex and Precious Metals only.

How to Apply

To earn passive income through the IC Markets Partner Programme, you can become an Introducing Broker (IB) or an Affiliate and refer clients to IC Markets, here are the general steps you should follow:

1. Register as a Partner

In order to become an IC Markets affiliate you must join the affiliate programme, to do this please visit the IC Markets website and fill out the application form and make sure all the details are correct.

2. Uploading documents

To verify your identity and activate the affiliate programme, documents must be uploaded, including a copy of your PAN, photographs, business documents, business experience certificates and proof of government registration status. If the documents have been correctly verified, you will receive a call from your IC Markets partner to confirm the details.

Please note that you must fully complete your account verification to become an official IC Markets Business Partner. If all details are correct and the eligibility criteria are met, then the broker will open a partner account for you.

3. Networking

Earning passive income through the IC Markets affiliate programme involves building a network of clients and traders interested in trading Forex and other financial instruments. Use your existing network or attract potential clients through marketing and advertising.

4. Recommend to your clients

Once you have established a network, you can introduce your clients to IC Markets and you receive a commission based on the trading activity of the referred clients or the number of clients referred to IC Markets.

5. Tracking Profits

Each time a customer signs up through your referral link, you will receive a sign up confirmation email indicating that the customer has signed up using the customer's details. When the referral takes action, you earn a commission. You can monitor your earnings through the IC Markets affiliate portal or contact the affiliate team.

You can build a strong network and earn passive income by referring clients to IC Markets. Please note, however, that total profits depend on the trading activity of the referred clients. Trading foreign exchange and other financial instruments involves risk, and it is important that you carefully read the terms of the programme and take risk management actions when referring clients to IC Markets.

Rules

Here are some things you should know about the IC Markets Partner Programme:

Partners must be at least 18 years old and have 1-3 years of business experience. It is an advantage if their business experience is related to trading.
Upon becoming an IC Markets Associate, you will receive promotional and promotional support materials to introduce your products and services to your clients. However, Associates are responsible for ensuring that all persons comply with all applicable laws and regulations regarding advertising and marketing.
IC Markets will pay commissions to its affiliates in accordance with the commission structure and rates set out in their respective partnership agreements. Commissions are usually withdrawn on a weekly basis and brokers may require affiliates to pay commissions and meet minimum payments.
IC Markets is under no obligation to maintain the co-operation agreement with its partners and has the right to terminate the contract at any time for any reason.

Conclusion

IC Markets offers affiliates a wide range of promotions and promotional materials, as well as the support of a dedicated partner team to help them grow their business and increase the commissions they receive. Overall, the Partner Programme is designed to provide individuals and entities with a flexible way to earn commissions and additional commissions by referring clients to IC Markets.

The programme is a good option for individuals with a network and client base. Depending on your goals, you can choose one of the available partner programmes to earn non-trading passive income at low fees. This can ensure your financial future by having a second source of income.