StocksCafe has a referral program that lets you earn a commission for every person you refer. This page will cover what the program is about as well as some FAQ.
What StocksCafe Referral Program is about
- You will receive 20% of all contributions made by your referees, forever!
- To participate in the Referral Program, you need to be a Friend of StocksCafe. Your Friend status needs to be valid:
✓ When your referral submits your referral code, and
✓ When you make withdrawals
- Your referee will get to enjoy being a Trial Friend of StocksCafe and test out all features for free for two months.
- You can use the referral fees earned to either extend your Friend status or withdraw them in cash! Either way, send a message to request for it.
- Your referral code will simply be your username. You can also use the referral links found on your personal referral page.
- Information on how many people you have referred, how much they have contributed, and how much referral fees you have accumulated can be found here.
Q: How do I refer someone?
A: Share your referral URL with your referee. Once they click on it, your username/referral code will automatically be entered in the “Referral Code” field.
Q: What is the difference between using the referral URL with my username vs the URL with my referral code on this page?
A: There is no difference, as both will indicate that you are the referrer. Using the username is easier to remember, but some people prefer to keep their username private, which is why there is the option of using the referral code instead.
Q: How much will I receive if I refer someone?
A: You will receive 20% of all amounts they contribute, forever.
Q: What can I do with the referral earnings I receive?
A: You can use it to contribute to StocksCafe to maintain your Friend status, or withdraw it to your bank account.
Q: What if I refer person A, and A refers 5 other people. A then uses his referral earnings to be a Friend for free. Will I still receive referral fees for A?
A: Yes, you will still receive 20%! Even though A is paying for his Friend status with his referral earnings, he is essentially still paying, so you will still get credited 🙂
Q: How do I withdraw referral earnings to my bank account?
A: Simply send me a message. I can send you the money via PayNow, PayLah, or PayPal. If the withdrawal amount is less than SGD 50, there will be a SGD 2 admin fee. For withdrawals of SGD 50 or more, no admin fee will be charged. The main reason for doing so is simply to prevent numerous withdrawals of low amounts. Less time processing admin work means more time to work on StocksCafe features! 😉
Q: How do I use the referral earnings to extend my Friend status?
A: As above, simply send a message when your referral earnings is sufficient to at least extend your Friend status for a month. It is recommended to extend it for at least one year as it is more cost-effective (more than 30% discount!)