24Option is an award-winning trading brokerage who provides traders with the opportunity to trade forex and CFDs on a wide range of tradeable assets. The brokerage is very well respected in the financial industry and has served millions of customers from around the world. 24Option became this successful and popular for various reasons, but one major contributing factor to the brokers popularity and success is their affiliate program known as 24Affiliates. This affiliate program has some of the highest compensation in the industry and has a strong emphasis on quality affiliates. In the following review we’ll delve deep into all aspects that make up 24Options affiliate program and whether it’s a good program to be apart of.

  • No negative carryover
  • Variety of commission plans
  • Highly advanced affiliate software
  • Numerous marketing tools to help affiliates
  • Only monthly payouts
  • Commissions are just average with other affiliate programs

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Commission Details

24Affiliates features a variety of commission plans for affiliate members. Each plan is different and will benefit affiliates in different ways. Different commission plans may be better suited for certain affiliates than others, which is why 24Affiliates gives you the option to choose the commission plan best suited to you. See below, a quick overview of the available commission plans for affiliates.

Cost Per Acquisition (CPA) Plan
The CPA commission plan offers affiliates a fixed fee per conversion per each active and qualified trader they recruit. The 24Affiliates program will assess the performance of each recruitment and the Cost Per Acquisition will be determined on an individual customer basis.

Revenue Share
This commission model is only available to affiliates who generate a certain amount of traffic to the 24 Option website. Affiliates must contact their dedicated affiliate account managers for more details.

Hybrid Deals
This commission plan is as the name suggests, a combination of both the CPA plan and the Revenue Share plan. In this hybrid plan, affiliates will receive a lower fixed commission per successful conversion, plus an additional commission based off the trader’s revenue.

Master Affiliates
This commission plan rewards affiliates who refers sub-affiliates to the 24Affiliates program. Affiliates who recruit sub-affiliates will earn a 10% share of the sub-affiliates profit.

All in all, affiliate members of 24Affiliates have numerous lucrative options for generating additional income from successful referrals.

Sub Affiliation
24Affiliates does have a sub affiliation program which was mentioned above under the “Master Affiliates” plan. This program rewards the master affiliate with 10% of the sub affiliate’s earnings. The sub affiliation mentioned here is referred to additional websites who generate traffic/traders to the 24Option brokerage website.

Payment Details
The commissions made by affiliates are calculated on a monthly basis and paid out monthly. Affiliates can easily track their earnings by logging into their account and navigating to the reporting section. Here, affiliates can review hourly, daily, monthly, and yearly reporting data from the commissions they’re earning. The payments can be received through various payment methods including Credit Cards (Visa, Mastercard, Dinners Club, JCB, Carte Bleue, Dankort, CartaSi, Laser, Discover), Electronic Payments (Liberty Reserve, MoneyBookers, MoneyGram), and Wire Transfers.

Software
24Affiliates utilizes numerous marketing tools and sophisticated software to aid affiliates in acquiring new potential traders. For instance, these marketing tools include; Banners, Videos, eBooks, Newsletters, and Landing Pages. All these marketing products take a lot of time and resources to produce, but all this has been taken care of and is readily available for affiliates to implement and use.

Apart from the marketing tools available for affiliates, the 24Afffiliates platform interface in which affiliates use to track their progress is also highly sophisticated and very useful. For instance, affiliates can easily track their performance with easy to use statistical charts that show a visual representation of customer acquisition over time. As well, affiliates can just look at the numbers and reports if they prefer to track their progress this way. All in all, the software and user interface of the 24Affiliates dashboard is of high quality and very helpful.

Conclusion
24Affiliates has an excellent program that’s dedicated to the affiliates success. Affiliates are given a wide range of materials and marketing tools for attracting and recruiting new traders to 24Option.com. Also, each affiliate has a dedicated account manager that’s available to assist the affiliate with any questions or problems they might have. The commissions which are paid out to affiliates are quite good and comparable with industry standards, and affiliates have numerous options when it comes to which commission plan they would like implemented. All in all, 24Affiliates is a great program for generating some additional income.

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