+500Affiliates is the award winning affiliate program for the massively successful Plus500 online trading brokerage. Plus500 is an internationally recognized online broker offering their clients the opportunity to trade CFDs on Shares, Indices, Forex and Cryptocurrencies. Since Plus500’s establishment in 2008, the brokerage has seen massive success and growth, and now offers their services all around the world and supports 32 different languages. The success and growth can be attributed to many things, however, there’s no question that the lucrative +500Affiliates program had something to do with it.
The +500Affiliates program is an award winning program for its fair and lucrative commissions, devotion and reliability, and community of over 100,000 affiliates. With an affiliate program this impressive, it’s easy to see why the Plus500 online trading brokerage has become so popular. However, there are many reputable financial affiliate programs out there, so how do you know which is the best one to choose for you? In the following review where we’ll delve deep into all aspects that make up the +500Affiliates program and whether it’s a good program to be a part of.
- Comprehensive and lucrative commission plan
- Advanced tracking and reporting software
- Various high conversion marketing materials
- Lucrative sub affiliation plan
- No choice of commission plans
- Limited payment options
Commission Details
+500Affiliates offers a lucrative comprehensive commission plan that fairly rewards affiliates with high commissions. The commission plan offered is a CPA (Cost Per Acquisition) commission plan which takes multiple factors into consideration when calculating the commission paid out. For instance, the commissions vary for each referred client depending on which country of origin they are from and the relevant category of trading they do (Shares, Forex, Commodities, Cryptocurrency, Indices, ETFs). The highest possible CPA commission affiliates can receive from successfully referring a trader from one of the premium commission countries is $600. Other referrals from other countries might pay $500, $400, $300 or $200.
Affiliates will also gain an additional commission which is dependent on what the referred trader trades. For instance, if a successfully referred client trades commodities or indices the affiliate will receive an additional $100 commission. So, the highest possible amount of commission affiliates can receive per successfully referred trader is $600 plus $100 to make $700. Therefore, the comprehensive commission plan offered by +500Affiliates is very lucrative and one of the highest paying affiliate programs in the industry.
Sub Affiliation
+500Affiliates offers their affiliates an alternative way to make more commissions in addition to their regular commission plan by rewarding affiliates who refer other affiliates. When an affiliate refers another affiliate and the referred affiliate makes a commission off successfully referred clients, the main affiliate will receive 10% of the referred affiliates monthly commissions earned. This presents a great opportunity for affiliates to generate passive income in addition to their regular commission plan. Also, this additional commission lasts a lifetime for as long as the referred affiliate is earning commissions.
Payment Details
Affiliates are paid their commissions on the 10th of each month for their previous month’s activity. Therefore, the commissions are calculated on a monthly basis by multiplying your CPA value by the number of qualified referred traders, plus adding on the additional commission which is dependent on what the trader trades. In order to make a withdrawal from your affiliate account, affiliates must have a minimum of $150 in their account. The available payment methods are somewhat limited but include Skrill, PayPal, and Bank Wire Transfer.
Software
+500Affiliates offers their traders a wide range of sophisticated software and marketing tools for successfully acquiring new traders to the Plus500 online trading brokerage. For instance, each affiliate receives a smart link which pegs the potential client referral to you the affiliate once it’s clicked for up to 60 days. This way the potential client who clicks on you link does not need to sign up right away and can do so from other sources than your affiliate link. This ensures a fair affiliation system and rewards affiliates accordingly.
Other advanced software is included in the affiliates web-based affiliate portal. Here, affiliates can view and track their progress and view detailed reports regarding their current and potential referrals. The different types of reports included are statistics, tracking, visits, earnings, tags, sub accounts, and referred affiliates reports.
In addition to the software mentioned above, affiliate also receive a wide variety of sophisticated marketing tools and products for successfully acquiring new clients for the Plus500 online trading brokerage. Such marketing materials include desktop and mobile responsive banners, advertisements, widgets, links, landing pages, articles, and reviews. All the marketing materials are very well designed and have a high conversions rate.
Conclusion
+500Affiliates is one of the best financial affiliate programs available and offers affiliates a comprehensive and lucrative commission plan complete with all the sophisticated resources needed to successfully acquire new clients for the Plus500 online trading brokerage. The affiliate program has one numerous awards and is very fair and transparent. Affiliates benefit from advanced tracking technology, detailed reports and analytics, and a suite of high converting marketing tools. All in all, +500Affiliates is a reputable and profitable financial affiliate program in which we highly recommend.
