{"id":6317,"date":"2026-08-27T11:26:51","date_gmt":"2026-08-27T09:26:51","guid":{"rendered":"https:\/\/propaccount.com\/?post_type=glossary&#038;p=6317"},"modified":"2026-08-27T11:26:51","modified_gmt":"2026-08-27T09:26:51","slug":"what-is-a-referral-program","status":"publish","type":"glossary","link":"https:\/\/propaccount.com\/he\/resources\/glossary\/what-is-a-referral-program\/","title":{"rendered":"\u05de\u05d4\u05d9 \u05ea\u05d5\u05db\u05e0\u05d9\u05ea \u05d4\u05e4\u05e0\u05d9\u05d5\u05ea?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A <\/span><b>\u05ea\u05d5\u05db\u05e0\u05d9\u05ea \u05d4\u05e4\u05e0\u05d9\u05d4<\/b><span style=\"font-weight: 400;\"> is a structured system that rewards existing traders for bringing new customers to a prop firm. Referrers receive a discount, credit, or cash reward when someone they refer purchases a challenge or funded account. Referral programs are similar to affiliate programs but typically less formal, aimed at customer-to-customer recommendations rather than professional traffic generation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most referral programs give each existing trader a unique referral link or code that tracks any purchases made by referred customers. When a referred customer completes a purchase, both parties often benefit: the referrer receives a commission, cash reward, or account credit, and the new customer usually gets a discount on their first purchase. Reward levels are typically lower than affiliate program payouts, ranging from 5% to 15% per successful referral, since referral programs prioritize accessibility over volume.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Referral programs and affiliate programs both operate on a commission-for-a-sale basis but target different audiences. Affiliate programs are built for content creators, educators, and traffic-focused marketers, with higher commission rates and detailed reporting. Referral programs are built for everyday traders who want to share a firm with friends or peers, with lower commissions and simpler tracking.<\/span><\/p>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"glossary-category":[131],"class_list":["post-6317","glossary","type-glossary","status-publish","hentry","glossary-category-trader-glossary"],"acf":{"target_keyword":"referral program","glossary_post_image":"","key_takeaway":"Key Takeaway","key_takeaway_description":"A referral program is a structured system that rewards existing traders for bringing new customers to a prop firm, typically through a unique link or code. Referrer rewards usually range from 5% to 15% per successful referral, often paired with a first purchase discount for the new customer.","faq":"<b>How much can I earn through a referral program?<\/b>\r\n\r\n<span style=\"font-weight: 400;\">Reward levels typically range from 5% to 15% of each referred purchase. On a $500 challenge, a 10% referral would pay the referrer $50 per successful referral. <\/span>\r\n\r\n<b>How is a referral program different from an affiliate program?<\/b>\r\n\r\n<span style=\"font-weight: 400;\">Both pay a commission when a referred customer makes a purchase, but they target different audiences. Affiliate programs are built for content creators and marketers with detailed reporting and higher commission rates. Referral programs are built for everyday traders sharing a firm with peers, with simpler tracking and lower commissions.<\/span>\r\n\r\n<b>Does the referred customer get a benefit too?<\/b>\r\n\r\n<span style=\"font-weight: 400;\">Usually yes. Most referral programs pair the referrer's commission with a discount for the new customer on their first purchase.<\/span>"},"_links":{"self":[{"href":"https:\/\/propaccount.com\/he\/wp-json\/wp\/v2\/glossary\/6317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propaccount.com\/he\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/propaccount.com\/he\/wp-json\/wp\/v2\/types\/glossary"}],"wp:attachment":[{"href":"https:\/\/propaccount.com\/he\/wp-json\/wp\/v2\/media?parent=6317"}],"wp:term":[{"taxonomy":"glossary-category","embeddable":true,"href":"https:\/\/propaccount.com\/he\/wp-json\/wp\/v2\/glossary-category?post=6317"}],"curies":[{"name":"\u05d5\u05d5\u05e8\u05d3\u05e4\u05e8\u05e1","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}