Binary options are an increasingly popular trading option for those who want to make money quickly and easily. As an affiliate, you can capitalize on the growth of the binary options market by promoting reputable and high-paying binary options brokers. With a range of different affiliate programs available, you can earn substantial commissions by referring traders to these brokers.
To help you get started, we’ve compiled a list of the top 10 binary options affiliate programs for high payouts in 2023. These programs offer competitive commission rates, advanced tracking and reporting, and a range of marketing materials to help you maximize your earnings. Whether you’re a seasoned affiliate marketer or just starting, there’s an affiliate program on this list that can help you make money in the binary options market.
Binary Options Affiliate Programs
With over two decades of experience, Binary.com is a well-established player in the binary options industry. Its reputation is solid, as demonstrated by the numerous accolades it has received over the years. Visitors to its website can trade various types of binary options assets, customize strike prices, and choose from a wide range of contract options, including Rise/Fall, touch/No Touch, and In/Out. If you’re new to binary options trading, you can use their demo account, which comes with $10,000 in virtual funds to practice with.
One of the standout features of Binary.com is that they accept Bitcoin as payment, which is convenient for those who prefer to use cryptocurrency. Moreover, their customer support team is available 24/7, from Monday to Friday, to assist you with any questions or concerns.
The Binary.com affiliate program offers multiple payout models, including rev share, turnover, and CPA. Affiliates have already earned a total of US$12 million in commissions. The CPA model offers a commission of US$100 per successful referral, but it’s currently only available to EU affiliates.
Commission: Up to 45%
Optionfield was founded in 2018 as a brokerage business with a mission to create a fair and non-aggressive environment for traders in the binary options industry. Their platform is based on MT4, making it familiar to most people in the stocks, options, and contracts world. You can open a “Classic” account with no minimum deposit and hold up to five positions at any time.
Optionfield offers payouts of up to 93% and accepts payments in Bitcoin or Ethereum. However, the platform only allows Forex options trading at the moment.
This binary options affiliate program operates on a sliding scale of commission rates and payments. You’ll be upgraded to a “partner” account after referring three new traders. The commission percentages may seem small, but binary options are short-term trades, which means there’s potential for volume commissions.
With almost 7 million registered users, IQ Option is one of the largest binary options platforms. The company has been in business for almost a decade and is regulated by the Cyprus Securities Exchange Commission (CySEC).
IQ Option has its own proprietary platform that is easy to use and offers traders innovative features such as ‘Stop Loss’ and ‘Trailing Stop’ to help manage their trades. Traders can receive payouts of up to 91% on their investment, making it an attractive option for potential customers.
IQ Option offers revenue share and CPA (Cost Per Action) commission structures to its affiliates, with revenue share commission being 50% and CPA commission up to US$1,200 per lead. The company has reportedly paid US$3 million to its affiliates in an average 30-day period, with payouts occurring twice each month.
Commission: Up to $1,200 per lead
Regulation is a crucial factor to consider when choosing a binary options trading broker. Binary Cent, located in Vanuatu, is regulated by the Financial Services Commission. Trading is available across multiple assets, including the usual stocks and indices, as well as cryptocurrencies.
Binary Cent offers up to 95% payouts, making it a potentially rewarding option for traders. As an affiliate, you can earn a commission of 60% of your referral’s first deposit, as well as a 20% commission on all future deposits. Additionally, sub-affiliate referrals earn you a 5% commission.
With a strong commission structure and regulation by a reputable body, the Binary Cent affiliate program is worth considering for affiliates looking to promote a binary options broker.
Commission: 60% initially, and then recurring 20%
NADEX is a binary options exchange based in the United States, making it a rarity in the industry. Traders can speculate on binary contracts across various assets such as forex, stock indices, and commodities, with 10,000 daily trades taking place on the platform. You can access the exchange through the desktop app or mobile with NadexGo.
As a regulated exchange by the CFTC, your visitors can deposit funds with full confidence, and because it is an exchange, there are no brokerage fees. Although it requires a $250 deposit to open a fully functional account, a demo account is also available to practice.
There is limited information available about the NADEX affiliate program. However, they offer a CPL commission model, and payments are made monthly. Further information about average commission rates is currently not disclosed, but we will update the post if new information becomes available.
High Low is an Australia-based binary options trading platform that’s regulated by the Australian Securities and Investment Commission.
The High Low trader interface is unique, using a tabbed layout. Apart from that, the platform offers the usual features, including trading across a wide range of assets like stocks, indices, commodities, and forex options. The platform has a minimum deposit of AU$10, and it tends to focus on forex options more than any other asset type.
One unique feature of High Low is the turbo trading options, which can be set to expire in as little as 30 seconds. High Low offers a $50 cashback on new accounts, which can be helpful for affiliate pre-sell.
This binary options affiliate program offers a commission rate of up to $400 per referral. However, that rate is for VIP accounts, while the average referral rate is around $150. The claimed conversion rate of 33% could make this a very lucrative program for the right affiliate.
Commission: Up to $400 per lead
Race Option is a promising binary options platform based in the UK. Despite being relatively new, it has already gained a positive reputation. Traders have access to around 150 different binary options assets and can choose from various trade types, including High/Low, 60-second, and One-Touch.
Payouts on Race Option max out at 85%, which is standard for the binary options market. However, traders benefit from fast withdrawal times, with the option of receiving payments in cryptocurrency. It’s worth noting that Race Option’s demo account needs to be funded to be activated.
As an affiliate, you can earn a 20% commission on your referral’s deposit. For example, if your referral deposits $500, you’ll earn a $100 commission. This rate may be lower than other binary options affiliate programs, but it’s still a decent amount to earn for each successful referral.
Commission: 20% on deposits
Ayrex is a well-known and reliable binary options trading broker that has won several awards. With at least 60 different assets to choose from, your visitors can indulge in a variety of trades, including some with 5-minute expiries. Though these aren’t the shortest in the industry, they are still an attractive feature. Ayrex offers a demo account that doesn’t require personal information, making it easy for visitors to test their platform.
Currently, Ayrex has 200,000 active traders and offers payouts of up to 85%. Affiliates can earn a 55% revenue share. Additionally, there is a $250 bonus, which can be withdrawn instantly, but there may be some terms and conditions involved. The offer is said to have a high conversion rate and pays affiliates on a weekly basis.
Commission: 55% revenue share
Olymptrade, while not having as many users as other binary options trading platforms, makes up for it with an impressive trade volume of around 35 million each month. With a minimum deposit of only US$10, you can start experimenting with a free account.
Their payouts of up to 90% on in-the-money binary options trading are higher than many of their competitors, giving them an edge in the market.
This binary options affiliate program offers several benefits, including a dedicated affiliate portal and a personal affiliate manager to assist you. In addition, you receive a generous commission rate and commission on sales and referrals made by sub-affiliates.
Binomo, although not as well-known as some of the other binary options trading platforms, has received multiple awards. With over 70 assets available, successful trades on this platform can yield payouts of up to 85%. Binomo offers a demo account with $1,000 of virtual money for new traders, and a standard account can be opened with a deposit as low as $10. Starting trades at just $1 can help to minimize exposure to risk for those building their experience, making it a good program to promote to beginners.
Compared to other binary options affiliate programs in this roundup, Binomo offers a higher-than-average revenue share of up to 70%. Alternatively, you can opt for a 5% commission rate for CPA referrals. Binomo also provides CPL for a select group of affiliates.
Commission: Varies depending on model
In conclusion, there are numerous binary options affiliate programs out there, but it’s important to choose the right one to maximize your earnings. The 10 programs highlighted in this list offer high payouts, various commission models, and a range of assets to trade. Whether you’re a seasoned affiliate marketer or just starting, there’s a program here that can work for you. It’s crucial to do your research and pick the program that best suits your needs and your audience. With the right approach and strategy, binary options affiliate marketing can be a lucrative opportunity in 2023.