Affiliate Marketing in trading is a good job?
You’re wondering if affiliate marketing in trading is a way to earn money from anywhere and at any time of the day? Well… what I’m about to tell you will make you breathe a sigh of relief, because firsthand, I’ve tried affiliate marketing with some of the best trading brokers. I managed to make around $226,000 in 2 years, so I think I can give you some useful advice. Don’t believe me? Read this article and you’ll see my statistics.
In 2017, I was in the top 10 affiliates worldwide for IQ Option broker, and do you want to know the amazing thing? I’d wake up in the morning and I’d already earned a month’s salary. You can do it too, but know that it takes some patience and, above all, attention to your users. In this article, I’ll explain how I managed to get over 7,500 deposits, I’ll tell you how much you can earn with a single client, and much more.
Certainly! I’ll also advise you on where and how to sign up for the best affiliate programs for online trading. The important thing is that you know that affiliate marketing still requires effort before reaching satisfying figures. I can only reassure you, if I did it, you can too. All you need is an internet connection. I’m not telling you that you’ll make easy money with this, because I’m talking about a job nonetheless.
Affiliate marketers tend not to share their strategies, I don’t understand why. They’re all afraid of giving away a slice of the market, without realizing that sharing is the main engine for growth. I’m here for that reason.
So, do you want to know how I earned more than $220,000 in 2 years with affiliate marketing? Let’s proceed.
How much can you earn with affiliate marketing?
This is the first question everyone asks me, rightly so. Obviously, there’s no precise answer to this question, but certainly affiliations in the finance world are among the most profitable in the market. Some brokers pay a commission of $2,000 per client based on the country of origin and the initial deposit. From my side, I can tell you that after a week I earned $13 in commissions, a year later I generated commissions for $7,600 in a single day. You get there gradually, but you can do it. You can do it!
In the years 2017-2018, I had an average daily income of $1,800, you can understand for yourself that it’s hardly possible to find a job that provides such a similar income. I used the term “JOB” because that of an affiliate marketer must be taken as a JOB, otherwise you won’t succeed. So, my answer to how much you can earn with affiliate marketing is: as much as you want. Clear? Within this post, I’ll also explain how to get started and which channels to adopt to spread your marketing strategy.
How does affiliate marketing work in online trading?
The operation of affiliate marketing in trading is very simple. By registering for the affiliate program, you’ll receive a link with a unique code (Affiliate ID). The system will then immediately recognize if a customer has registered with the broker through your link. All brokers enable cookies on this link, which means that if a user clicks on your link today, you can still receive a commission even if they register with the broker after a few days.
Furthermore, the broker will provide you with banners and graphics to implement on your website, as well as video tutorials and other marketing materials such as registration forms.
What do you need to do affiliate marketing in online trading?
Name and Brand – Decide first how to present yourself to the world. You can use your name or create a customized brand. The important thing is to create a precise identity that people can easily remember. I started with Educational Trades, then became the current Traders Cult. But you can also decide to call yourself John Smith Trader, or John Smith’s Strategies. It’s up to you, but do it.
Afterwards, you’ll need to create graphics like a logo and various covers to put on social media, a simple thing without resorting to expensive designers, at least to start. In summary, create an identity: it’s very important. You can use online software like Canva to create your logo, or resort to Photoshop if you know how to use it. I did everything by myself because fortunately, I have extensive skills in websites, graphics, and video editing. I can give you advice if you need it.
Experience – Surely you’ll need some experience in the field. Don’t worry, I started from scratch, studying Binary Options initially, then I delved into Forex and commodities. The customers you want to bring to the broker, the so-called leads, must trust you and understand that you know what you’re talking about.
So read articles, watch YouTube videos to consult trading strategies, and understand the fundamental axiom: people want to make money. My luck was to create a winning strategy, which allowed me to earn by making others earn. There’s nothing better. The fact is that in a few years my YouTube channel gained 25,000 subscribers, but we’ll talk about it later. If you know English is better, otherwise focus on the language of your native country.
Channels – The channels to grow and make yourself known are mainly three, not necessarily used together.
- Website – It’s not mandatory, but having a website conveys a sense of professionalism to readers. There are many free solutions to start a website, even if I don’t prefer them because free platforms require their brand in the domain name. However, your site can be a point of reference, people should know how to contact you and where to come for help if needed. You must answer because the customer needs to be followed: never leave a customer alone after they’ve made the first deposit, never! Furthermore, having a website allows you to collect all your links in one place, such as social media and YouTube channel. To the website, you’ll need to associate an email address like info@yoursite.com. If you don’t know how to make a website, there are plenty of tutorials around, alternatively, you can always ask me.
- YouTube – Making videos on YouTube is what brought success into my life. Thanks to my video on the Supernova strategy for binary options, invented by me, I generated the highest earnings. This doesn’t mean you have to continually create new strategies, you can also rework already winning strategies by giving CREDIT to the author. Also, create informative and educational videos, for example, on how to use a chart, what a trend is, or what Japanese candles are. Use YouTube a lot because it can be an additional form of income. Through this platform, I generated an additional $10,000 in profits in a year and a half.
- Social Media – Channels like Facebook, Instagram, and Twitter can help you grow. Here you can share your articles and video strategies, as well as interact with users. Be careful though, these social media are full of scammers who will try to sell you all possible methods to succeed. Don’t give them attention, if you need information, write to me, I’ll be happy to help you. That said, make sure all your socials have the same identity. Don’t give your Facebook page a different name from what you use on the website or YouTube channel. Personally, I haven’t used these social media much, but it can still be a good support tool to promote yourself in groups and pages dedicated to online trading.
As you can see, what you need are online tools that allow you to interact with your future clients. The investment is almost zero (although I recommend spending something for the website to make it professional). Make sure that all your channels have the same identity: logo, graphics, and name should always identify you.
Affiliate marketing: Payment model and broker credibility
It will be very important for you to choose a reliable broker. I recommend not activating 20 affiliations with many different brokers, as it can initially be difficult to manage them all. Continuing to read, I will advise you on whom to turn to, but for now let’s try to understand how brokers pay commissions and which payment model is most suitable.
- Rev Share – Revenue share is a commission in percentage. Many brokers recognize the affiliate a percentage that varies based on the number of leads generated. This model generates earnings on your clients’ investments continuously, so if the broker recognizes 30% on your client’s investments, it means that on a volume of $1000, your commission can reach $300. Clearly, it’s not that simple because brokers consider many factors. Some, for example, only pay on clients’ losses, others on the volume generated by the client: in this case, you will earn commissions as a percentage on the total investments of your lead. This model may seem less profitable than CPA (which we’ll see below), but in reality, it can guarantee continuous earnings over time. All that I have earned over time came from a Revenue Share model.
- CPA – The Cost Per Acquisition model pays the affiliate for every new lead generated. Usually, a commission is recognized after the client has made the first deposit. The CPA model pays very well, however, there will be no further commissions on your lead’s operations. Let me give you a practical example: if a client registers through your affiliate link and deposits $500, you will receive the fixed commission established by the broker. You will not earn further commissions on the client’s future investments. This is a seemingly more lucrative model, and it is true, but you have to rely on continuous lead generation to have a constant profit. Try to choose regulated brokers or those with at least a decade of experience in the markets, especially those that provide multiple trading instruments. So favor those who allow your clients to trade Forex, stocks, indices, commodities, cryptocurrencies, and binary options.
In the following paragraphs, I will advise you on the affiliate platform that I currently use, which includes 4 types of brokers and provides payment models in both Rev Share and CPA.
Affstore: Leader in trading affiliate marketing
I started doing affiliate marketing in trading with IQ Option broker in 2016, then the brand created its affiliate platform Affstore, a leader in the trading and finance affiliate marketing sector where you can sign up from this link. Through this platform, as of today, you can benefit from affiliate links of IQ Option, Exnova, Quadcode, and SabioTrade. Additionally, on Affstore, you can also promote Quadcode B2B, which is the software to create a broker without worrying about setting up the necessary structure. Below, I’ll give you an overview in detail on the types of brokers, commissions, and how brokers themselves work.
I want to clarify that Affstore, following the regulations issued in 2017 by the European Community, includes brokers for both the European and global markets. Let’s get into more detail.
IQ OPTION
IQ Option offers payment models in revenue share and CPA. It distinguishes itself based on geographical area. Here is a summary table:
IQ Option Rev Share 80%
With this affiliate link, you can generate revenue share earnings of up to 80% commission distributed based on the number of FTDs, or First Time Deposits, of your leads in the previous 30 days.
| FTDs | Rev Share % |
|---|---|
| 0-9 | 40% |
| 10-49 | 55% |
| 50-124 | 60% |
| 125-299 | 65% |
| 300-749 | 70% |
| 750+ | 80% |
Geographical Areas: America (LATAM), Asia, Africa, Middle East
Platforms: Desktop, Android, iOS.
SabioTrade differs from other brokers because it is a Prop Trading Platform. What does this mean? Users can obtain a trading fund upon paying a registration fee. Essentially, your client can deposit $119 and receive a trading fund of $20,000, from which they will receive 80% of the profits once the evaluation period is passed. You can find more details in the dedicated review. This broker only offers the Revenue Share payment model at 35% on each purchased package, which can be accumulated with subsequent purchases.
This program is open to all geographical areas except: Russia, Libya, Syria, Iraq, Cuba, Iran, North Korea, Somalia, Zimbabwe, the USA, and Belarus.
Quadcode Markets
Quadcode Markets offers payment models in both Rev Share and CPA. Unlike the other brokers listed in this article, Quadcode also recognizes a 2.5% commission on every trade executed by the client, which can be beneficial.
Quadcode Markets Rev Share 60%
The Quadcode Markets revenue share system does not involve tiered commissions like other programs, but is based on the following type of calculation for up to 60% commission:
- After the deal is closed: 2.5% of the deal’s volume;
- At the end of each day: the difference between the deal commission and 60% of the broker’s profit from each of the attracted trader’s deals during the day.
Geographical Areas: Thailand, America (LATAM)
Platforms: Desktop, Android, iOS
Quadcode Markets CPA $1200
The Quadcode Markets CPA payment model offers a commission of up to $1200 and is calculated according to the following parameters:
- Deposits
- Trades
- Verifies the account
- Watches training tutorials, etc.
| Deposit | CPA Desktop | CPA Mobile |
|---|---|---|
| $45-$89 | $40-$60 | $40-$60 |
| $90-$449 | $280-$420 | $280-$420 |
| $450-$899 | $400-$600 | $70-$150 |
| $900+ | $800-$1200 | $800-$1200 |
Geographical Areas: Thailand, America (LATAM)
Platforms: Desktop, Android, iOS
Quadcode Markets CPA EU $250
Quadcode Markets provides a CPA payment model that also includes the European market. The maximum commission you can receive is $250 per client and is disbursed according to these parameters:
- Deposits
- Trades
- Verifies the account
- Watches training tutorials, etc.
| CPA Desktop | Mobile |
|---|---|
| $150-$250 | $150-$250 |
Geographical Area: EEA (EU)
Platforms: Desktop, Android, iOS
Quadcode B2B
Quadcode B2B is a White Label solution for brokers. With this software, anyone can open their own online broker without worrying about setting up a customer service and otherwise expensive infrastructure. The package includes anti-fraud measures, major payment systems, and a customizable affiliate program.
Quadcode B2B $3500 CPA
The commission for each purchase is $3500 regardless of the country of residence and has no geographical limitations. Among the services included in the package are:
- SaaS Trading Platform: High-end proprietary traderoom with 99.5% uptime and an advanced toolset including risk and portfolio management, technical analysis tools, calendars, newsfeed, and more.
- Regulation and Legal Compliance: The team customizes everything depending on the specific region and license.
- Availability: Windows, MacOS, Android, iOS, PWA, the Web, and desktop.
- Interface: Intuitive Web and mobile UI.
- Client & Tech Support: Quadcode takes care of the full cycle of communication with traders and handles any platform-related issues.
- Geography: Worldwide.
- Risk management: Antifraud measures, manual and automated moderation of suspicious activities. You’ll have the ability to implement robust risk mitigation strategies, set preferred trading limits and margin requirements, apply KYC and AML policies, etc.
- CRM: Detailed reports on trading, billing, marketing, sales.
- Billing: Quadcode configures the payment methods applicable to your regions from over 200 international and local options.
- Your own affiliate module!
As you can see, the products offered by Affstore cover most of the tools a trader needs to operate in the financial markets through online trading. Signing up on this platform could be a good opportunity for some extra income for you. Keep reading the article for further advice.
How to Register on Affstore and How to Use It
To register on Affstore and become an affiliate, you can create an account here. Initially, you will be asked for an email and a password, but then you will need to complete your profile by verifying your identity and signing the relevant affiliate agreements, as well as the KYC (Know Your Customer) procedure. Each broker has its own management panel, and you can choose to activate only one. Keep in mind that Affstore support will verify your promotion sources, so before you can promote affiliate links, make sure you have at least a website, a YouTube channel, or a well-established social media page.
Once the necessary verifications are completed (which may take a few days), you can start promoting the material of your choice. The Affstore dashboard presents all the options on the left side, starting with the first item Statistics, which allows you to view clicks on your link, any registrations, deposits, and profits. Next, you have the Offers section, which you can click to see what each broker offers: here you will find the guidelines of each broker, graphical materials, affiliate links, and much more.
The Promo menu item allows you to access banners, videos, and landing pages of various brokers. This section is very useful especially if you use a website as a promotion tool. The Payments section allows you to set the payment method, consult the history of past payments, approved payments, and those being processed, while the Account Settings item allows you to obviously modify your affiliate profile.
Where to Start Your Affiliate Marketing Career with Trading?
As I mentioned, I have extensive experience in this field, so I feel confident in offering you some advice. I can’t say if it’s the best path, but it’s the one I’ve taken. If it worked for me, why shouldn’t it work for you? So, where to start your affiliate marketing in trading career? Let me give you a checklist; follow it step by step, and you can’t fail:
- Gain some experience by watching videos and reading articles.
- Find a brand name and create graphics.
- Open a website: if you don’t know how, write to me at info@traderscult.com.
- Write some content on your website: guides, strategies, reviews.
- Start a YouTube channel and a trading social media page: start with Facebook.
- Register on Affstore.
- Open a demo account with a broker to practice: IQ Option or ExNova.
- Develop or invent a SIMPLE strategy and promote it on YouTube: real-money demonstrations of strategies are more effective than those on demo accounts.
- Never promote false things, always be honest: I have always openly declared receiving commissions. The user doesn’t pay more if you receive commissions; it’s the broker who pays you.
- Always respond to emails and comments from your users, even if you have already received commissions.
- Publish content regularly and occasionally develop new strategies.
- Don’t give up if results don’t come immediately; you can only declare your failure if you haven’t earned anything after 12 months.
- If you earn enough, don’t settle and continue what you’re doing: money eventually runs out.
- For doubts, contact me, I’ll help you.
Tools for Gaining Experience in Affiliate Marketing in Trading
To promote yourself and your products, you need to know the subject matter better than your users. Why should they trust you? Below are some tools that will be useful for both trading and your business:
- Economic calendar: to read and understand economic news.
- Trading View: for financial charts.
- Finviz: to study the performance of various assets.
- Canva: for creating graphics.
- Filmora: for editing social media and YouTube videos.
- ThemeForest: to find the graphic theme for your website.
- : to register the domain and hosting.
Prepare for your new career and let me know how it goes. See you soon!
