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QFEX has 2 programs: Referrals, which anyone can join, and Affiliates, which require approval. Commission tiers are assessed daily using the previous 30 days of direct referred trading volume.

Referrals

Anyone can share their referral link. Your own trading volume earns you more invitations under the existing invitation system. The dashboard shows invitations generated and invitations claimed; you do not need to create a new code for each invitation. The person you refer receives a 10% fee discount, processed as a refund at or around 00:10 UTC.. Your commission tier depends on the trading volume of your direct referrals over the rolling 30-day period. Your own trading volume and the volume of level 2 or level 3 referrals do not count toward the tier thresholds. The volume and trader count requirements must both be met to reach a tier. If your rolling 30-day results fall below a tier’s requirements, your rate moves to the tier you currently qualify for, down to the 10% direct baseline.

Affiliates

QFEX approves affiliates individually based on factors including, but not limited to, protocol usage, feedback and (legitimate) social media presence. Approved affiliates receive a custom referral link with their username and can refer unlimited users. They may choose 1 of the following commission models. Learn more or get started on the QFEX Affiliates page.

A. Network model

B. Performance model

This model pays commission on direct referrals only. It has no level 2 or level 3 commission. To earn more than 30%, the affiliate must have at least 10 distinct direct referrals, each trading $1M+ in the same rolling 30-day window. If either the volume or trader count falls below the requirements, the affiliate receives the rate for the tier they currently qualify for, with a 30% floor. All affiliates will be subject to an initial 90-day trial period, during which their performance will be evaluated. Affiliates who fail to meet the required criteria may be downgraded. QFEX reserves the right to modify the Affiliate Program at any time at the team’s sole discretio

How daily assessment and payment work

Around 00:10 UTC, QFEX checks the previous 30 days of direct referred volume and, where required, the number of qualifying direct traders. The resulting tier is applied to that day’s referred trading, and referral income is paid at end of day (EOD). The assessment repeats daily, so rates can rise or fall as the rolling window changes. Levels: L1 means a user you referred directly. L2 means a user referred by your L1 referral. L3 means a user referred by your L2 referral. Only L1 trading volume determines your tier.