Best Binary Options Affiliate Programs
Since making their debut on the American Stock Exchange (Amex) and Chicago Board Options Exchange (CBOE) in 2008, the trade in binary options has exploded on an unrivalled scale, second only to the Forex explosion seen over the last few years. Binary options are a type of exotic derivative where traders forecast whether a given underlying asset price will rise or fall at the expiration of the option. The simplicity of how binary options work and the range of assets that traders can trade with helped to propel the growth of this industry tremendously. It’s no secret that this is a very profitable market as we can see every month new brokers coming online trying to tap into and get their slice of the action.
So what are the ways one can profit from this exciting market? Obviously, one way is to trade in these options. However, we all know that trading in the financial markets is inherently risky. So unless you have a stomach for this kind of risk, the trading route may not be for you. So if risk taking is not something that you are comfortable with, there is another alternative route which financial market players can take to tap into the binary options industry, this is Binary Options Affiliate Programs.
Binary Options Affiliate Programs
Affiliate programs have been around for quite some time but it is only when the binary options industry started to mature that Binary Options Affiliate programs became available for webmasters to capitalize on. These programs work on the idea of lead generation. You, the webmaster get paid for channelling potential clients to a broker. How much you get paid depends on how many leads that you manage to generate and how many of these leads convert into paying clients for the broker. Although this might seem like a lot of work, it is better than letting your income be decided by the idiosyncrasies of the financial markets. With interest in binary options at an all-time high, there is a lot of money floating around waiting to be earned.
Signing Up With Reputable Binary Options Affiliate Programs
Finding the right binary options affiliate program to sign up with can be a tough job as there are almost as many of these programs as there are brokers in the industry. To help you streamline your search in the right direction, we have compiled a shortlist of reputable programs that you can partner with.
Best Forex Partners
BestForexPartners (BFP) was founded in 2011 with the idea that affiliate programs are based on the concept of mutual benefits. Hence, this program provider is willing to provide strong support its affiliates with advanced tools to ensure their success. The strong points about this program provider include:
- Advanced System Reports
- High Commissions
- Large Selection Of Brokers To Work With
- Multi Payments Methods
- Proprietary Software For Tracking Performance
- Wide Range Of Creative And Marketing Tools
Binary Affiliates Group (BAG)
BinaryAffiliatesGroup is geared specifically towards the binary options industry. This is good as it shows that they are focused towards the success of their affiliates. Their plus points include:
- Accurate Reports
- Attractive Revenue Sharing Plans
- Easy To Use Dashboard
- Partners With Strong Leading Brands
This program provider has received numerous positive feedbacks from partners that had work with them. One of their biggest strength is their quality of customer service that they provide to their partners. Other advantages of RushBucks include:
- Advanced Reporting System
- Easy Access To Reporting Statistics
- Flexible Programs
- Wide Array Of Proven Marketing Materials
AFF Europe was established in 2009 with a heavy focus in the gaming and finance industry. Their programs are very successful in the European market. They also pride themselves as having one of the most transparent affiliation programs in the industry. The benefits of joining this program provider include:
- Attractive Commission Structure
- Brand Reliability
- High Conversion
- Top Notch Support
Founded in 2010, Affiliation Option is the only binary options program provider that is currently offering a $100 welcome bonus upon signing up with them. Their strong points include:
- Excellent Support
- High Commission Payouts
- Specialist Tailored Programs
So once you have decided which program provider to sign up with, what is left to do is to promote your affiliate website by providing high quality content for your visitors. There is no short cut to this, just ask Google! Although this will require a lot of hard work on your part, the payback at the end of the day could be well worth it.