Want to step into the world of financial traditional—but not as a trader? You’re moving in the right direction.
Trading affiliate marketing is one of the least traditional yet highly profitable ways to earn money. If you’ve an established audience interested in finances, investment, or trading, you’ve overcome half of the challenges. The next step is choosing a trading affiliate program, which is not an easy task.
To make things simpler, here’s a list of five key features that set the best trading affiliate programs apart:
Favourable Commission Model
This one is pretty obvious. The best trading affiliate programs believe that affiliates should be fairly compensated for their efforts. This is why they offer competitive commission models. The two main categories include:
Cost Per Action (CPA) Commission
CPA means that you get a pre-determined amount for each successful referral. CPA is a one-time payment model. The amount depends on the affiliate’s reach and years of experience. In simple terms, the more referrals you bring, the higher your commission.
Revenue Share (RevShare)
Revenue Share is a commission model where affiliates earn a percentage of the revenue shared by their referred clients. Many affiliates prefer RevShare because it ensures long-term earnings.
Pro tip: If the broker you’ve partnered with has a stellar reputation for retaining clients, the RevShare model makes more sense than CPA.
Availability of Marketing Materials
A reliable trading affiliate partner provides more than just a referral link. They offer the necessary marketing tools you need to succeed. Here are some examples:
- Email templates
- Banners
- Landing pages
- Widgets
- Embeddable marketing materials
Having access to marketing materials is important for two reasons. First, they ensure seamless branding and a flow between your social media profile and the broker’s webpage. Second, they increase your credibility and increase the chances of conversions.
Dedicated Account Manager
Another feature that sets the best trading affiliate programs apart is the availability of a dedicated account manager. Here’s why it’s important:
- Smooth onboarding and training
- Faster issue resolution
- Strategic guidance and optimisation
- Enhanced communication
- Long-term relationship fostering
A dedicated account manager familiarises you with the ins and outs of affiliate partnerships. They will provide valuable advice, helping you optimise campaigns and boost earnings.
Positive Industry Reputation
Working with a reputable affiliate broker can make a world of difference. Consider how long the broker has been in the industry and what previous affiliates have said about their services. Pay close attention to their customer support features and analyze how quickly they respond.
Leverage affiliate community groups for advice and recommendations. Lastly, ensure the affiliate broker complies with all necessary regulations, including Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.
Exclusive Experiences
The best trading affiliate programs create exclusive experiences for both affiliates and their referred clients. You can get invitations to VIP events and webinars. This will help you build connections with fellow affiliates and learn from industry experts.
Partner with an affiliate broker that prioritises your learning and growth.
