In the world of trading and investments, affiliate programs have become a popular way for individuals to earn passive income. One such program that has been gaining attention is the Deriv Affiliate Program. In this comprehensive guide, we will delve into what the Deriv Affiliate Program entails, the different plans available, and how affiliates can maximize their earnings through this partnership.
What is the Deriv Affiliate Program?
The Deriv Affiliate Program is a strategic partnership between Deriv and its affiliates, allowing partners to earn commissions from the total net revenue generated by their referred clients’ trades on Deriv’s platforms such as derivtrade, derivbot, and smart trader. This affiliate program is specifically designed for options trading, providing a lucrative opportunity for affiliates to earn based on their clients’ trading activities.
Understanding the Different Plans:
Revenue Share:
The Revenue Share plan enables affiliates to earn on the monthly net revenue generated by their clients. Affiliates earn a commission based on a tiered system, where the percentage of commission increases as the clients’ trading volume grows. For instance, if a client generates less than $20,000 per month, the affiliate earns a commission of 30%. If the client generates more than $20,000, the commission increases to 45%.
Turnover:
The Turnover plan is based on each contract’s payout probability. Affiliates earn based on their clients’ trading stakes and the corresponding commission rate. The calculation involves multiplying the stake by the commission rate to determine the earnings. Additionally, under the Turnover plan, affiliates can also earn commissions from multipliers and lookbacks trades on SmartTrader.
Cost Per Acquisition (CPA) – EU Based Clients:
For EU-based clients, the CPA plan operates as a commission-based system where affiliates earn $100 when their referred client deposits and trades a total of $100 or equivalent in their Deriv account. This one-time commission is credited to the affiliate upon a successful referral, either through a single deposit or cumulative trades.
Deriv Master Affiliate Program:
The Deriv Master Affiliate Program allows master affiliates to have sub-affiliates under them. Master affiliates earn a percentage of the revenue generated by their sub-affiliates, providing an additional stream of income. Commissions under this program are paid directly by Deriv and not deducted from the sub-affiliates’ earnings.
Earning and Payment Structure:
Commissions under the Deriv Affiliate Program are credited on a monthly basis after the 15th of the following month. Affiliates can track their performance, client activity, and commission reports through the affiliate dashboard. It is essential for affiliates to set up their preferred payment method to receive their earned commissions seamlessly.
Conclusion
The Deriv Affiliate Program presents a unique opportunity for trading enthusiasts and individuals looking to monetize their network and trading knowledge. With multiple commission structures and plans tailored to different trading scenarios, affiliates have the flexibility to maximize their earnings based on their clients’ trading activities. By understanding the intricacies of the program and actively engaging with their clients, affiliates can unlock the full potential of this partnership and build a sustainable source of passive income in the dynamic world of trading and investments.
