How it Works:

Users invite friends to join the platform using a unique referral link.

Both the referrer and the friend earn a bonus when the friend meets the deposit and trading requirements.

Example:

Basic Referral Bonus:

Invite a friend → They deposit $500+ and complete 5 trades → Both get $50 bonus.

Invite 3 friends → Get an extra $100 bonus on top!

Tiered Rewards for Active Traders:

Refer 5+ friends → Get 10% cashback on their trading fees for the first month.

Refer 10+ friends → Unlock VIP benefits (lower spreads, priority support, exclusive webinars).

Why It Works:

Encourages organic growth through word-of-mouth.

Gives real benefits to both the referrer and the new trader.

Tiered rewards make it more attractive for power users.

Conditions:

The referred friend must deposit and trade a minimum amount.

Bonuses are credited after the required trades are completed.

Trading credit must be used before withdrawal.

Would you like any tweaks, such as different bonus amounts or payout structures?