RevShare (revenue share) is a payout model where you keep earning a slice of the trading fees every time a trader you referred places a trade. Unlike CPA's one-time reward, the earnings keep stacking for as long as the trader stays active.
This page walks through the earnings formula, what "net spread" actually means, how negative carryover is handled, and a realistic monthly earnings simulation. Once you understand the mechanics, deciding between RevShare and CPA gets a lot easier.
This article is educational and informational content. Actual earnings depend on each trader's activity and market conditions. All numbers in this article are illustrative simulations, not guarantees of any specific outcome.
- How RevShare works and why it creates a continuous earnings stream
- The formula, what net spread means, and how negative carryover (NCO) impacts your payout
- Monthly and annual earnings simulations for 10 and 50 new referrals per month
Quick answers: this article in three Q&A
- Q: How does RevShare (revenue share) actually work?
- A: It's a payout model where the affiliate earns a set percentage (up to 80% with Kingfin) of the net spread revenue their referred customers generate for the broker, paid every month for as long as the customer keeps trading.
- Q: What is RevShare negative carryover?
- A: When a referred customer profits enough in a month that the broker's revenue goes negative, that loss is subtracted from your next month's payout. Kingfin explicitly does not apply NCO.
- Q: How do you choose between RevShare and CPA?
- A: If you can keep sending active, long-term traders, RevShare wins. If you'd rather lock in a known payout right away, CPA is the safer pick.
What is RevShare? The basic mechanics, explained simply
RevShare (revenue share) is a payout model where, every time a trader you referred places a trade, you receive a fixed percentage of the resulting spread revenue — and it keeps paying out indefinitely.
Standard CPA affiliate programs work on a "refer, deposit, paid once" loop. RevShare is different. For as long as your referred trader keeps trading, your monthly earnings keep stacking. That's the defining feature of RevShare and the reason it can compound into serious long-term income.
How RevShare earnings are generated
You refer a trader through Kingfin
Any trader who signs up at OlympTrade through your Kingfin affiliate link becomes your "referred trader."
Every trade they place generates spread
Each time they trade FX, stocks, commodities, or anything else, spread revenue is generated on the broker (OlympTrade) side.
A fixed percentage of that spread flows to you
Based on the RevShare rate Kingfin assigns you (up to 80%), a slice of the spread revenue is credited as your affiliate earnings.
You get paid monthly
Earnings are tallied and settled each month, then deposited via your chosen payout method. The cycle repeats every month your referred traders stay active.
It's not "refer once and you're done" — it's "every trade your referral makes pays you again." That's the essence of RevShare. The more referrals you stack, the more your monthly earnings compound.
The RevShare formula and what net spread actually is
RevShare earnings come from this formula:
What is net spread?
"Net spread" is the slice of the spread that the broker (OlympTrade) actually keeps after settling its obligations. Of the spread paid every time a trader trades, a portion goes to liquidity providers; what's left over on the broker's books is the net spread.
The exact net spread varies by currency pair and market liquidity. Major pairs like EUR/USD tend to have tighter spreads, while minor pairs run wider — and the net spread tends to scale up accordingly.
| Component | What it is | Impact on your earnings |
|---|---|---|
| Trading volume (lots) | Total monthly volume your referred traders generate | More volume, more earnings |
| Net spread | The broker's effective spread revenue per lot | Varies by pair and market conditions |
| RevShare rate | The share of net spread that goes to you | Up to 80% with Kingfin |
Kingfin's RevShare rate goes up to 80%. If the broker earns $10 in net spread on a trade, $8 of that lands in your account. That's high relative to industry standards.
Negative carryover (NCO): what it is and how it affects RevShare
You can't talk about RevShare without addressing negative carryover (NCO). Depending on how the program is designed, NCO can make a material dent in your earnings.
What is negative carryover?
Negative carryover (NCO) is the rollover of a negative balance when your referred trader has a big winning month — which means the broker lost money on them that month.
In programs that use NCO, that broker-side loss carries into the next month and gets deducted from your next payout. If last month's NCO was −$500 and you earned $800 this month, you'd only receive $300.
| Item | With NCO (typical programs) | No NCO (Kingfin) |
|---|---|---|
| When your trader profits | Negative balance carries to next month | Resets that month, no impact on the next |
| Impact on next month's earnings | NCO subtracted from payout | Next month calculated normally |
| Long-term stability | Highly volatile | Steady month-over-month accumulation |
| Affiliate-side risk | Wins by your trader can wipe out earnings | Floor at zero per month, no rollover risk |
Kingfin does not apply negative carryover. Even if your referred trader has a great month and the broker takes a loss, it has zero impact on your next month's earnings. Each month is calculated independently, which makes building stable long-term income much more realistic.
Sign up with Kingfin and unlock up to 80% RevShare
No NCO, up to 80% RevShare — stack steady monthly earnings from the trading activity of every referral.
Free to join, takes minutes to set up.
RevShare earnings simulation: what monthly and annual income looks like
How much can you realistically earn with RevShare? Let's work the numbers. The figures below are illustrative — real earnings hinge on each trader's frequency, lot size, and the pairs they trade.
Assumptions used in the simulation
- Monthly volume per active trader: ~5 lots
- Net spread (assumed): ~$3 per lot
- Per-trader monthly spread contribution: 5 lots × $3 = $15 (assumed)
Case 1: 10 new active traders per month at 60% RevShare
| Timeframe | Cumulative referrals | Total monthly trading spread (assumed) | Monthly earnings (60% RevShare) |
|---|---|---|---|
| Month 1 | 10 | $150 | $90 |
| Month 3 | 30 | $450 | $270 |
| Month 6 | 60 | $900 | $540 |
| Month 12 | 120 | $1,800 | $1,080 |
Case 2: 50 new active traders per month at 70% RevShare
| Timeframe | Cumulative referrals | Total monthly trading spread (assumed) | Monthly earnings (70% RevShare) |
|---|---|---|---|
| Month 1 | 50 | $750 | $525 |
| Month 3 | 150 | $2,250 | $1,575 |
| Month 6 | 300 | $4,500 | $3,150 |
| Month 12 | 600 | $9,000 | $6,300 |
These are illustrative numbers. Real trader volume and activity rates swing widely depending on the quality of your content and who you're reaching. The takeaway is the structural one: as referrals stack, monthly earnings grow faster than linearly. Even if month one is modest, a year or two of compounding builds a foundation that's hard to replicate elsewhere.
The annual compounding picture
RevShare really starts to shine on a yearly timescale. Bring in 10 traders a month for a year and you're sitting on a portfolio of 120 active traders. Even if you stop adding new referrals entirely, the existing ones keep generating earnings as long as they keep trading — that's the "build once, earn forever" dynamic of stock-style income.
Who RevShare actually fits best
RevShare isn't the right fit for every affiliate. It works best for people who own durable content assets that keep sending referrals month after month.
SEO bloggers
A well-ranked blog post keeps pulling search traffic and referrals long after it's published. The fit with RevShare is hard to beat.
YouTube channel owners
Trading tutorials and live-trade videos rack up views over time, and those views convert. Your back catalog becomes a RevShare engine.
Social and community operators
If you reach an audience consistently through X (formerly Twitter), Discord, or similar, RevShare pays off the recurring contact.
Owners of evergreen content
Already have older content that still pulls traffic? Swap in RevShare links and you're monetizing an existing audience overnight.
RevShare vs. CPA at a glance
| Dimension | RevShare | CPA |
|---|---|---|
| Short-term earnings | Low (takes time to compound) | High (locked in per referral) |
| Long-term earnings | High (compounds over time) | Scales with referrals only, no stacking |
| Best-fit channels | SEO blogs, YouTube, evergreen content | Paid social, email blasts, short campaigns |
| Earnings stability | High (continuous income from existing portfolio) | Stops when referrals stop |
| Risks | Trader churn, NCO (not applied at Kingfin) | Low (instant payout) but capped |
| At Kingfin | Up to 80% | Fixed payout |
If you need cash now, CPA. If you're building a long-term income base, RevShare. A hybrid strategy that uses both also works well. Kingfin supports both models, so you can pick whichever fits the moment.
Frequently asked questions
Which one earns more — RevShare or CPA?
Over the long run, RevShare tends to come out ahead. CPA locks in a fixed payout the moment a referral converts, but RevShare keeps stacking earnings for as long as your trader keeps trading. If you run stock-style content like SEO articles or YouTube videos, RevShare is the clear winner.
What is negative carryover?
It's the negative balance that rolls into the next month when your referred trader profits enough to put the broker in the red. Programs with NCO subtract that loss from your next payout. Kingfin does not apply NCO, so a negative month on the broker side has no effect on your next month's earnings.
When does RevShare actually pay out?
Kingfin defaults to monthly calculation and payouts. Earnings are computed from the prior month's activity and paid on a set date the following month. Payment methods and minimum payout thresholds are detailed in the Kingfin affiliate dashboard.
How many referrals do you need for steady RevShare income?
As a rough benchmark, 30 to 50 consistently active traders is enough to expect a stable monthly income. But earnings scale with each trader's volume, so quality matters more than raw count — focus on referring people who actually trade.
What is Kingfin's RevShare rate?
Kingfin's RevShare goes up to 80%, which is high by industry standards. The actual rate depends on your referral history, volume, and plan tier — check the Kingfin official site for the specifics.