Forex Two Tier Affiliate

affiliate
Officially join or become attached to an organization
consort: keep company with; hang out with; "He associates with strange people"; "She affiliates with her colleagues"
Officially attach or connect (a subsidiary group or a person) to an organization
a subordinate or subsidiary associate; a person who is affiliated with another or with an organization
(affiliated) being joined in close association; "affiliated clubs"; "all art schools whether independent or attached to universities"

two tier
An affiliate marketing model that allows affiliates to sign up additional affiliates below themselves, so that when the second-tier affiliates earn a commission, the affiliate above them also receives a commission. Two-tier affiliate marketing is also known as multilevel marketing, or MLM.
A type of plan design with incentives to see network providers, usually of a Participating Provider Organization (PPO).
Affiliate program structure whereby affiliates earn commissions on their conversions as well as conversions of webmasters they refer to the program.

forex
Foreign exchange
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies.
The market in which participants are able to buy, sell, exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.
The foreign exchange (also known as "forex" or "FX") market is the place where currencies are traded. The overall forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.