Wednesday 6 March 2013

REFFERAL BENIFITS

BECOME A ZERODHA ASSOCIATE

The Zerodha Associate Programme presents an opportunity for you to participate in a unique business model where you can refer fellow traders and earn more for life. Simply refer a client to sign up and trade with us and you automatically qualify for Associate status. It's that simple!
Why?
At Zerodha we believe the best way of advertising is word of mouth. Companies usually have a 10-20% budget for advertising and instead of spending it on media (newspapers, TV channels, etc.) we want to share it with you for helping grow our business.
How it works?
As a Zerodha Associate you keep earning for life every time a trader that you have referred trades with us. Every trade executed by a referral ensures that a sum of Rs 2 is automatically credited into your account. What's even better is that there is no limit on the number of traders that you can refer, meaning the more referrals you make, the more earning potential you can realize.
The table below illustrates how much you can potentially earn by becoming a Zerodha Associate.
referatrader
+ Earnings table above based on assumptions of 10 executed trades per day
+ Monthly earnings assume 22 trading days per month
Get Started
  1. Open an account with Zerodha and get yourself a unique User ID. This ID will enable you to trade on Zerodha's Trading Platform and also refer people to Zerodha.
  2. Once you have the Zerodha ID, login to your back office dashboard and access the 'Associate Program' page. Enter your referral details here.You could also send him the default email on the Associate Program page or give your friend a call to let him know someone from Zerodha would try and reach him.
  3. Get an up-to-date status on Account Opening under the Referral Status Link, which would be updated online by our Sales Team after you've made the referral.
  4. Once your referral starts trading, get a credit of 10% of all brokerage revenue generated by the client to Zerodha.**
  5. Using your back office dashboard you can check out the cumulative revenue generated and ask for a credit as soon as you have a minimum of 
    Rs. 2020 in Total Revenue. Generate revenue as long as your referred clients keep trading with us. .
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