How the QuantPower referral programme works
- Ask for the terms. The referral terms, including how you get your link, are shared on request at [email protected].
- Share it. Send it to a friend who trades and might find QuantPower useful.
- Your friend signs up. They create their own QuantPower account through your link and can start with the free trial.
- The terms apply. Whether a referral qualifies, and what you receive, follow the programme terms.
Referral terms
Remisiers who refer clients receive 20% of the subscription fee for every referral, under the QuantPower partner programme. For other QuantPower users, the referral terms, including any reward and when it is paid, are shared on request.
For users, treat any reward as a thank-you for introducing a friend, not as a source of income.
Who can take part
The programme terms decide who can refer and be referred. A few points follow from what a referral is:
- A referral is someone else. Referring yourself, or opening a second account, is not a referral.
- Your friend chooses freely. They should sign up because QuantPower suits them, not because of a promise from you.
- Professionals have a separate route. Authorised persons, research analysts, investment advisers and educators who introduce many clients should use the QuantPower partner programme instead.
How to share your link
- Say what QuantPower is. It is trading software that runs on your friend's own broker account. It is not a broker or an adviser, and it gives no tips or calls.
- Make no return claims. Do not promise or imply profits, and do not use P&L screenshots, win rates or backtest results to sell it. SEBI bars brokers from referring to the past or expected returns of an algo; hold your message to the same standard.
- Do not call it "SEBI-approved". SEBI does not approve trading software.
- Keep logins private. Never ask for, or offer to handle, a friend's broker password, OTP, authenticator code or API key.
- Respect group rules. Share in Telegram or WhatsApp groups only where the admins allow it, and do not spam.
What your friend needs
- A supported broker account. QuantPower connects to your friend's own broker account through the broker's official API, with their own API key. Some brokers charge for API access.
- A static IP and a daily login. Your friend registers their own static IP with their broker and logs in to the broker every trading day with two-factor authentication.
- A plan after the trial. The QuantPower Standard plan is free during the Beta (₹299/month after); Professional is ₹499/month and Ultimate ₹999/month, GST extra. See pricing.
Referral programme or partner programme?
| Aspect | Referral programme | Partner programme |
|---|---|---|
| Who it is for | QuantPower users referring friends | APs, SEBI-registered research analysts and investment advisers, and educators who make no return claims |
| Scale | A few people you know | Clients or an audience |
| Share | Shared on request | 20% of the subscription fee for remisiers, 70% for resellers |
| Return claims | Not allowed | Not allowed |
Related guides
- QuantPower pricing: the plans and what each includes
- QuantPower demo: a walkthrough of the platform
- QuantPower community: Telegram, YouTube and webinars
- Getting started with QuantPower: your friend's first steps
Start your free trial
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Frequently asked questions
Can I refer myself with a second account?
No. A referral means introducing someone else, so a second account in your own name does not count.
Can I post my referral link in trading groups?
Only where the group's admins allow it. Keep the message factual: what QuantPower does, with no tips and no return claims.
Does my friend need a broker account?
Yes, to trade. QuantPower places orders through your friend's own broker account, using the broker's official API.
Is the referral programme a way to earn income?
Not for users: any reward is a thank-you for introducing a friend, on terms shared on request. Remisiers and resellers earn a share of the subscription fee through the partner programme.
Can I suggest a strategy to my friend?
Show how the tools work, not what to trade. QuantPower gives no tips or calls, and a referral should not either.
Sources
- SEBI, circular on algorithmic trading services offered by stock brokers (SEBI/HO/MIRSD/DOP/P/CIR/2022/117), 2 September 2022