Binary options and contracts for difference (CFDs) broker Grand Capital said on Thursday it has significantly lowered the minimum deposit and order amounts for trading in binary options for clients of its affiliate partners under the cost-per-action (CPA) programme. The new minimum deposit levels have been cut to $50 from $200, while trade amounts have been halved to $10.
The broker has also increased the commission its CPA partners receive to $50 per each client they recruit.
Under the CPA affiliate programme, Grand Capital’s partners earn a one-time fixed commission for each new customer they bring.
The program was developed with binary options trading in mind. This type of trading has been vastly gaining popularity due to it is simpler and easier than traditional trading and does not require deep investment knowledge and skills. In binary options, traders bet on whether the price of a certain instrument would go upwards of downwards within a pre-determined time frame. Once that time frame is over, the option is deemed expired and the bet is settled. This type of trading is very suitable for investors new to trading.
The CPA programme, on its part, it is a good choice for people who are willing to do business on the financial market but are not willing to dive into its depths.
There is no initial deposit required for becoming a Grand Capital CPA affiliate. In addition, partners are only required to attract new investors, while the broker takes care of the rest, including free training, ready-made strategies for attractine traders, promotional materials, and assistance and customer service.
Besides the CPA programme, Grand Capital provides several other affiliate programmes – for introducing agents (or a web partners), regional representatives, or under a franchise or white-label agreements.
Grand Capital, set up in 2006, provides financial, educational and brokerage services. It offers trading in binary options, futures and CFDs on stocks, gold, oil, lumber and forex instruments. It works with both retail and institutional clients worldwide.
The broker is registered in the Seychelles and has offices across Europe, Asia, Russia and the Commonwealth of Independent States (CIS) as are known the former countries from the Soviet Union.
It is a member of KROUFR, a Russian non-for-profit organization for the regulation of relations on the financial market, Russian self-regulatory organization Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), and, since recently, a member of the Financial Commission (FinaCom), a Russian external dispute resolution (EDR) organization.
Source: Grand Capital