💰Trading Volume/Turnover sharing
How volume sharing/turnover sharing works
If the Turnover Share model is selected, the partner receives a percentage of the trading turnover of the referred active trader, regardless of the profit generated by the platform which is in contrast to the revenue sharing model. Since this turnover share model operates independently from the OptionBlitz codebase, it is subject to a discretionary budget. If the program is withdrawn in the future, the partner’s referrals will be transferred to the native affiliate program so rewards can continue to be claimed. The budget for the turnover share program has an allocation for a minimum 1 year per partner and will be reviewed 1 year after the partner refers their first client via the program.
It is estimated that 4% volume sharing is equivalent to 40% of platform profit which is a very generous offer since platform profit is also shared by liquidity providers. So in order to avoid referral rewards being deducted from liquidity provider’s returns, the program is operated independently via fuul using funds from the organisation’s treasury.
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