Online trading brokerage affiliate programs can be a highly lucrative method of generating passive income and there are more programs available than ever before. However, some of these programs are far more successful and profitable than others, so it’s very important to know what to look for when choosing an affiliate program to be apart of. Since there are many new broker affiliate programs, affiliates can now choose from a wide range of diversified programs that feature lucrative payment schemes, marketing tools, and more.show more
Apart from a broker’s affiliate program and their offerings, affiliates must also use due diligence and perform a background check on the broker. You want to make sure the broker is trustworthy and reliable if you are to promote them. If you believe in the brand you are promoting, you will more easily be able to attract new clients.
As well, the more reputable a broker is, the more likely people are to sign up and begin trading with them. Therefore, although there many new broker affiliate programs, you want to be sure to find the best new affiliate programs by researching and looking into the program and the brokerage itself. Thankfully for you, we have diligently reviewed each online trading broker and their associated affiliate program so that you can confidently choose the best new broker affiliate program.
The most common type of payment arrangement for broker affiliates is the Cost Per Acquisition (CPA)commission model. This commission model can be highly lucrative and can be implemented in a variety of ways. For instance, some broker affiliate programs reward affiliates with a fixed commission for each successful referral. A successful referral can mean many things and is dependent on the broker affiliate program.show more
Some programs reward affiliates for simply getting a referral to sign up, while others require the referral to deposit a certain amount of money or make a certain amount of trades in a specified time period. Also, many referral programs will increase the fixed commission amount if a certain number of successful referrals are achieved in a specified time frame. Therefore, the CPA commission model can be very lucrative and varies from program to program.