Quotex Affiliate Program Review - Earn up to 80% Commission

The Quotex affiliate program (also called “Quotex Affiliate Center”) allows individuals to earn up to 80% commissions by referring new real money traders to the Quotex trading platform. According to the Quotex Affiliate Center website, the broker currently has over 218,000 affiliates that generate over $5.38 million in affiliate revenue per week, so Quotex affiliates play an important role in how the broker managed to acquire over 29 million active traders over the last few years.

But why is the Quotex affiliate program so popular, and how does it compare to the affiliate program of other binary option brokers?

This article provides a comprehensive overview of the Quotex affiliate program, explaining its features, affiliate tools, commission structure, payment methods and allowed promotional methods so you can decide on your own whether you want to sign up as a Quotex affiliate.

How Does the Quotex Affiliate Program Work?

Quotex pays its affiliates a certain commission —up to 80% of the broker's profit or 5% of the trading volume— by promoting a unique referral link, and attracting new traders to the platform. The more first-time depositors (FTDs) you generate in a given month, the higher your commission rate will be from next month on.

Quotex doesn’t issue commissions on cost per acquisition (CPA) and cost per lead (CPL) basis, which are common commissions models on other online trading affiliate programs.

Quotex Affiliate Program Facts And Figures

Quotex Affiliate Commission Structure

Quotex affiliate program has one of the highest payouts on revenue share among binary option affiliate programs, which is one of the main reasons why Quotex has so many affiliates.

You earn more money on higher affiliate levels, which is based on the FTDs you generated from the previous month. Here are the commission rates you can earn based on your affiliate level on both payout models:

What are the Withdrawal Methods for Quotex Affiliates?

Quotex Affiliate Center supports several withdrawal methods, but most of them are cryptocurrency-based or require an e-wallet registration. Below is the full list of available withdrawal methods:

• Visa
• Mastercard
• Bitcoin
• USDT (TRC20/ERC20)
• Ethereum
• Perfect Money
• PIX
• GCash
• Banks of Indonesia
• Banks of Thailand
• Banks of Malaysia
• Other local banks

Quotex supports popular local banks in South-East Asian countries mostly, but since the company is offshore, your payout transaction is not guaranteed to be seamless, especially if you use a credit card. So avoid using bank cards, online banking, or offline deposits and use cryptocurrencies and e-wallets instead.

Payouts are issued every week, but you can only request your first payout once you refer 10 FTDs to the platform.

Does Quotex Pay its Affiliates?

Since Quotex affiliates bring a huge amount of new traders to the platform, Quotex pays its affiliates more than $5 million in total every week.

However, we have to warn you that Quotex is an unregulated broker, with many users complaining about sudden account suspensions and declined withdrawal requests. This means that there is no regulatory oversight over how the broker operates, and you can’t do anything if Quotex decides to suspend your affiliate account and never pay your earned commissions.

For this reason, we don’t recommend you sign up as a Quotex affiliate, as we think that other similar options, like the Olymp Trade affiliate program or the IQ Option affiliate program, are much more reliable.

Affiliate Tools and Features

The Quotex Affiliate Center offers tools and features that help you monitor your statistics, generate promo codes, and use direct links to promote the broker. To make it easier, the platform’s dashboard is comprehensive while being user-friendly: it displays your performance stats and quick links to the marketing materials, help desk, and withdrawal page, making the navigation more convenient.

Promo Codes

The Quotex affiliate program enables you to generate promo codes for deposit bonuses to attract more traders. Here’s how much bonus you can get on your referrals via promo codes:

Direct Links

Quotex also provides direct links to their landing pages, signup pages, homepages, and banners that you add to your referrals. These generated links will reflect on your revenue-sharing commission.

Sub-affiliate Program

Sub-affiliate program allows you to recruit people to join the program and earn a percentage of their commission. The commission rate you receive from your recruits depends on your affiliate level, meaning higher levels might earn a larger share of your sub-affiliates’ earnings. Here’s the rate you get from your sub-affiliates based on your level:

Allowed Promotional Methods and Restrictions

Although the Affiliate Agreement of Quotex provides the exact promotional methods that are allowed and restricted, the company does not enforce those partnership terms properly. This means the broker does not control how affiliates promote Quotex to an extent where they can scam people just to get more commissions and get away with it. This is the main reason why you can see so many “winning Quotex strategy” videos on YouTube, TikTok and other social media platforms.

If you want to earn from partnering with brokers ethically, we suggest looking for brokers who punish their affiliates for scamming and misinforming potential clients, like Olymp Trade and IQ Option.

How to Become a Quotex Affiliate?

Becoming a Quotex affiliate is easy and free. Just click on this link to visit the official Quotex affiliate website and sign up with your e-mail address in one minute.

It’s also ideal to verify your contact information and turn the 2FA after signing up to the platform to secure your affiliate account. Although the affiliate center has a help desk, the customer support is not very responsive, so it’s ideal if you contact Quotex virtual assistant on Telegram if you have concerns.

Conclusion

Quotex affiliate programs can be a very lucrative source of passive income due to high commission rate and shared earnings from the sub-affiliate program. It’s easy to recruit new Quotex traders because the broker is not strict about how you promote their platform. Quotex doesn’t discourage misinformation and scammy activities, which is not a good sign because this only shows that the company is incompetent and undedicated in providing a great relationship to both its clients and affiliates.

Also don’t forget that Quotex is an unregulated broker that often suspends user accounts and reject withdrawal requests for its traders. So there is always a risk that they can block your affiliate account or reject a withdrawal request anytime, for no reason and you can’t do anything about it.

If you want to promote more ethical brokers and still earn high commissions, we suggest you to choose a broker that discourages scams, misinformation, and unethical behaviors, like Olymp Trade and IQ Option. But if you want to stick with Quotex, you can sign up to their affiliate program via the link below: