How can you pay affiliate on P/L?
Hi,
I really don't understand how you can pay based on the Profit/Loss of the trader and up to 10% on top of that. It doesn't make any sense. Usually when someone trade in forex, the only money the broker makes is based on the spread (commission) and the broker place that order through the market and therefore doesn't make money based on the Profit/Loss of the trader.
So the only way you can pay affiliate commission would be based on that spread, which is not only based on the size but more importantly on the amount of trades placed in the account. Unless you don't place the orders through the market, and you are more of a betting on market type service (which mean you would be exposed to the risk yourself). Could you please give me more information on how you work and can afford to pay high commission like this?
Thanks,
Jon
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