How Does The Hugosway Affiliate Program Work?
Hugos Way Partner Program Pros and Cons
Imagine this: you're sitting on your couch in your living room, and suddenly your phone buzzed. You pick up your phone and see that some amount has been added to your account – it's the commission you earned on the successful trade by one of your referrals. You smile and put your phone. You enjoy the program on the TV while your phone keeps buzzing – informing you about the commissions you made through the sale of your referrals.
Isn’t it a dream-come-true situation? We will tell you how you can be the protagonist of this situation. Investing in trading assets is a good way to grow your money. But what is even more fun is to have some passive income where you can get some money in a stress-free manner. Affiliate programs are a great way to earn some money while relaxing at your home without carrying out backbreaking tasks.
Hugo's Way offers the most brilliant multiple-tier affiliate program to its users. Subscribing to this program is quite easy and a definite ticket to a good income. This article will discuss the various aspects of this program and how an investor can join it.
How Does Hugo's Way's Affiliate Program Work
Whilst we don't cover it in our beginners guide to Hugo’s Way, they do have a 5-tier affiliate program. You may have heard about the very famous pyramid scheme. This program runs on the same model. You can go up to five tiers with this program. And the good thing about this model is that there aren’t any membership fees for you. Here is how the five tiers work:
- At tier-1 level, you will get $2 per lot traded by your friends.
- At tier-2 level, you will get $0.20 per lot on your friend's friends' trading activities.
- For tier-3 level, investors will get $0.15 per lot on the trade carried out by your friend’s friends’ friends.
- Investors will get $0.10 per lot for every trading activity carried out by your friend’s friends’ friends’ friends.
- At the last tier – tier-5 – for every trading done by the friends of your friend’s friends’ friends’ friends, you will get $0.05 per lot.
This scheme is nice for people who want to make extra money through referrals. And, in many ways, you will have to do the hard work just once. For example, in simple words, you refer the website to one friend. Now, whenever this friend brings new investors to the platform, you will get some commission for it.
How to Become A Hugosway Affiliate
Signing up for the platform's affiliate program is rather easy. Here are a few steps that you should take to benefit from this amazing program and make some additional money:
- First, you will have to sign up on the Hugo's Way website.
- Then, you will find the "Refer to a friend" option on the left-hand menu.
- Now, click on the “Activate IB” option from the drop-down menu.
The company will send an email to your registered email address. This email message comes with instructions that you will have to follow to get your registration done.
Hugo’s Way Commission Payout
Hugo’s Way pays out commission every Friday if it is more than $10. The second question is: how can one withdraw the amount? Once your commission has reached the minimum amount, the company will directly pay it in the MT4 Rebate account. First, go to the “Internal Transfer” option and select “MT4-Wallet." There, from the menu, you should select the Rebate account. Once that's done, the company will transfer the said amount to your wallet. Finally, this money can be transferred to the MT4 trading account and withdrawn whenever you want.
More On The Hugos Way Affiliate Program
Once you have logged into the platform, you will access your dashboard. Here, you will see the list of clients; commission paid, etc. You can share this link with your friends so that they can sign up on the platform.
One thing that you can do to get more people to the platform and earn commission is to create your blog and write about the platform's benefits. However, the platform strictly restricts its customers from using Google Ads. All new investors should be brought to the platform organically.
Also, once you've successfully registered for the program, you will be assigned an affiliate manager who will be responsible for responding to all your affiliation-related queries and suggestions. The manager will also teach you the tricks to widening your following, and generating more commission.
The digital age is all about reaching your audience in the right way. Hugo’s Way provides exclusive marketing tools to its affiliates to help them build crowd-puller marketing campaigns. With these tools, people can reach out to potential investors with more ease. It will then help them earn more commission.
Why You Should Join The Hugosway Affiliate Program
Even though you have learned the various benefits of Hugo’s Way affiliate program, you may have one pressing question: why should you join the program.
No Associated Costs
Whenever you decide on starting a side business for some extra cash, you always encounter some operating costs that deter you from carrying out your plan. With an affiliate program, you don't have to worry about the cost of running a business. All you have to do is to make a lasting impression in the minds of potential investors and convince them to use Hugo's Way for their trading needs. It is a simple procedure to earn a good amount of money. Also, with Hugo’s Way, you don’t have to worry about marketing as well. The platform provides its marketing tools to its affiliate to make the entire process easier.
No Customer Service
Businesses require a person to be on their toes all the time. There are angry customers they have to deal with or other mishaps that they must respond to. But, in the case of becoming an affiliate, a person doesn't have to worry about these technicalities. After all, you are generating a customer for another company and not for yourself. All you have to do is enjoy the commission earned on the trade done by the people you referred to the site.
No Expertise
To run a business, you need to have expertise in your chosen field. But in this case, you can start being an affiliate instantly. You have to learn the various offers of a platform and then advertise them on your blog or website. It is easy to manage and will not eat up much of your time.
Low Investment Costs
For marketing purposes, you will have to set up a website or a blog. Setting up these marketing tools is not expensive, and you can manage your expenses of running an affiliate account easily.
Secondary Source of Income
Have you been eyeing the leather laptop bag you saw at the mall? Are you a few hundred dollars short of its retail price? Here is a solution for you to fulfil all your dreams: become a Hugosway affiliate. Through the commission, you will have access to a steady income. This money will then be used for your miscellaneous expenses. The whole process requires minimum hard, and yet you will enjoy some commission on every trade deal made by people who opened an account on Hugo's Way through your reference.
Frequently Asked Questions
Q: Is Hugo's Way, a good broker?
Ans: Hugo’s Way is a five-year-old online trading platform. Since 2017, it has been using various tools to up its customer base. Now, the company is a global broker that caters to clients from all over the world.
Q: Does Hugo’s Way charge commission?
Ans: Hugo's Way charges $5 per lot. For a round turn, it totals to be $10. It doesn't seem to be a lot, but if you are trading in large volumes, you may have to pay a considerably high commission fee – one which can go in the hundreds.
Q: Where is Hugo’s Way registered?
Ans: The most-popular online trading platform is headquartered in St Vincent and the Grenadines. Hugo’s Way is unregulated, which means that it doesn’t come under the scrutiny of any regulatory authority. But it is in the process of getting registered. There's some good news for people who are skeptical about its unregulated status. The company is looking for options to get itself registered.
Q: How long does Hugo’s Way take for withdrawals?
Ans: Hugo’s Way wants its customers to give a 24-hour-prior notification before making any withdrawals.
The Final Word
Isn’t it so convenient to have access to some passive income? Don't we all love to lazy around in our home and enjoy the fruit of our one wise decision? Hugo's Way affiliate program provides a remarkable option for people to get extra income. Its 5-tier program means that you will keep getting commission for the longest time – after all, you are the one who started the chain; you deserve all the rewards.
The withdrawal process of the commissions received is quite convenient as well. Subscribing to this program is going to be a great financial decision for many!
Hugos Way Guide – Read our In-Depth Hugos Way Review
Hugos Way Rating: 5.85 / 10
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