IQ Option Affiliate Program
Contrary to popular belief, active trading isn't the only way to earn money from forex and binary brokers. In fact, there’s an indirect and comparatively easier way to generate profits through most online brokers. It is through their affiliate program.
An affiliate is a person who brings in clients for a business and gets paid a commission in return. An outgoing, social butterfly can accumulate capital effortlessly through these programs, provided they use their skills expertly. Sounds ideal for you? Well, IQ Option offers a fantastic opportunity.
Not only is their affiliate program one of the most lucrative out of all available forex trading alternatives, but the platform also supplies materials to help out in your advertising campaigns.
IQ Option is a globally trusted binary options and derivatives broker with over 2 lakh affiliates working for them. Their highest earning affiliate has gained a profit of more than 68 thousand dollars just this month!
Convinced already? Read on to find out more about IQ Option's affiliate program.
How to Become an IQ Option Affiliate?
The process for becoming an IQ Option affiliate is straightforward and speedy. Follow the steps mentioned below and become an affiliate in no time:
Step 1: Verify Your Details
You must verify your IQ Option account before being stated as an official affiliate. The platform will ask you to send scans or photographs of the following documents:
Step 2: Fill in Details
Visit affiliate.iqoption.com, IQ Option's official website, and register by entering your details, including a legitimate email address, password, and preferred support language.
Step 3: Go Through the Terms and Conditions
Reading through the Terms and Conditions for any finance-related company is a must. After thoroughly studying the policies, tick the box asking you to agree with the terms and conditions and click the 'Join Now' button.
Note: If you are registering as a company, you must submit further documents as listed in the terms and conditions through an email addressed to firstname.lastname@example.org
IQ Option Affiliate Earnings and Commission
IQ Option offers generous benefits to its affiliates in terms of how much they can earn through the program. After all, the company strives to provide improved services compared to its competitors.
First of all, after a referred client deposits money into their account, IQ Option pays you up to 50% of the amount. This is easily one of the highest payout percentages in the binary options space. Forex traders can earn a significant income provided they invest time in acquiring affiliates for IQ Option.
Secondly, and debatably the best part of becoming an IQ Option affiliate, you get lifetime commissions. In other words, even if you stopped referring more people, you'd still earn money as long as the traders you have already brought in keep trading.
Therefore, at IQ Option, you need only convince amateur or expert forex traders once before you can enjoy lifetime earnings instead of a system where you earn once per client.
Even better, unlike other affiliate programs where you get paid once a month, you can withdraw whatever you earned twice a month, that is, every two weeks!
Above this, traders can choose how they get paid from the various options the company provides, including e-wallets and wire transfers.
Difference between IQ Option Affiliate and Introducing Broker
For an introducing broker, earnings are partially or wholly dependent on whether their clients make profits. Losses generated may be attributed to your account, reducing your income significantly.
On the other hand, IQ Option doesn't penalise IBs whose referred traders make losses. To put it simply, your payment won't be affected by any losses your clients incur.
This helps you focus on attracting potential traders instead of wasting your efforts on looking into how your clients are trading (which is essentially out of your control). Moreover, with no negatives, you are given a high potential for profits.
Payment Models at IQ Option Affiliate Program
IQ Option provides two types of payment models - revenue share and CPA. Let us go through the details of each model, so you can see which payment option suits you best.
1. Revenue Share
Revenue share is divided into further options of payment. Your payment will be calculated depending on the remuneration offer mentioned during the account registration. It can be:
- 50% of profit for all traders (accounts registered before September 3, 2018)
- 40% of profit for each trader individually (accounts registered after April 10, 2019)
For the '50% of profit for all traders' option, the commission is calculated as mentioned below:
- After a deal is closed, 2.5% of the deal's volume is calculated.
- At the end of the day, the difference between the total from the above and 50% of the trader's profit from all deals made by all referred traders is calculated and credited.
The commission will never be in negative, and it cannot exceed 50% of the total amount of net deposits made by clients.
For the '40% of profit for each trader individually' offer, the commission is calculated as follows:
- After a deal is closed, 2.5% of the deal's volume is calculated.
- The difference between the total from above and 40% of the profit made from the deals of all referred traders is calculated and credited at the end of the day.
The profit earned will never be in negative values, and it cannot exceed 40% of the net amount of deposits made by the referred clients.
2. CPA (Cost Per Action)
In the case of the CPA payment model, the commission is calculated for each attracted unique active trader based on
- their country of residence,
- type of registration device, and/or
- other criteria in accordance with the price set specified in the affiliate cabinet.
A referred client is considered a unique active trader when they meet the following criteria:
- Must be referred by the affiliate.
- The trader has never registered an account with IQ Option before. They must be a new user
- They have completed their registration as per the terms and conditions
- The new user must deposit from time to time - at least the minimum amount
- They must be an active user, as determined by IQ Option's software system. Activities such as trading, depositing, watching tutorial videos, using indicators, etc., indicate their proactiveness
Note: The commission payouts will be calculated and presented in USD. The money will be converted into your preferred currency once the transaction has occurred.
IQ Option Affiliate Rules and General Restrictions
There are specific rules and restrictions that you should follow strictly to ensure you don't jeopardise your earnings.
Three rules, in particular, should never be violated as that may get you banned from being an IQ Option affiliate.
1. Do Not Refer Yourself
You are strictly forbidden from using your own affiliate code to make an IQ Option trading account. These accounts are often made under false pretences and violate IQ Option's terms and conditions. The point is, there's no significance in being an affiliate if all you bring in are "clients" that cannot even be verified.
2. Do Not Use the IQ Option Brand Name in Advertisements
If you are thinking of using Google Ads to up your reach, confirm that you aren't using the brand name "IQ Option" as it will appear misleading, seeming to be from the platform itself. Instead, keep the word "IQ Option" in your negative keywords to avoid being banned from the affiliate program.
3. No Aggressive Marketing
Don't use phrases like, "Get rich overnight!" or "Earn money doing nothing!" These sentences are misleading for new traders and discredit the hard work of studying and understanding trends and charts. Moreover, these expressions will make trading seem like a get-rich scheme, deceiving your target audience. Keep in mind to never spam advertisements either. Spams are a terrible marketing tactic and only prove to chase away potential clients.
Always follow other group marketing rules when advertising your affiliate code and, in turn, IQ Option. If you have any queries about the legality of your advertisements, you can contact the personal manager whenever convenient.
IQ Option Affiliate Promo Tools
Although simpler than trading, marketing is no easy task. You require dedication and hard work to promote IQ Option and bring in clients as an affiliate. However, IQ Option helps out by providing various promotion tools for their affiliates to use on their web, mobile, and advertising campaigns.
The promotional materials section contains an extensive database of ready-to-use promotional materials in various languages. These templates are divided into subsections: main, web promo, mobile promo, and ad campaign. The segregation helps you quickly find what you require for your campaign. With this data readily available, you don't have to worry about starting from scratch.
Having so many options to choose from makes it easy for you to find one that suits your particular marketing requirements. Moreover, new promotional instruments are added every month. As an affiliate, you’ll receive an email newsletter that will update you about new promo tools monthly.
IQ Option Affiliate Withdrawal
IQ Option allows for swift and effortless withdrawal. You get paid your accumulated profits every two weeks, much faster than other affiliate programs, and are guaranteed to get your payouts within three business days. What's best, IQ Option has made available diverse choices for you to receive payments.
E-wallets such as Neteller, Skrill, WebMoney, and Perfect Money can be used to withdraw your funds. You can also use wire transfers, local bank transfers, or even bitcoin.
Before you attempt to withdraw your earnings, you must ensure to have a minimum of $10 payable and have at least five active referred traders. Any lower than that, and you won't be allowed to transfer the funds to your account.
You’ll receive payments twice a month, every two weeks on the 1st and 15th. The payment may be up to 3 days late, but the money will be sent as long as you have accumulated a minimum of $10 and have at least five active referred traders.
You can check how many clients you have attracted through the dashboard. In the general stats section, you’ll find all your numbers with a percentage comparison of the previous month, letting you know how you are faring. The page will show your income, registrations, deposit count, and active traders. The affiliate program dashboard is a powerful tool that should be taken advantage of.
The best way to get more clients as an affiliate is to use organic traffic. It's a cheaper alternative as well as long-lasting. You can create Facebook groups to spread the word, make YouTube videos to attract interested people, write blogs, and most importantly, provide value to the people who come across your content.
People will only sign up if they feel you are giving them real value. If you simply aim to get new traders to use your affiliate link by persuading them to do you a favour, you won't be able to distinguish yourself from the other IQ Option affiliates out there.
The top ten list is a regularly updated index published by IQ Option to showcase the platform's most successful affiliates. With details including registrations, deposits, deals, FTDs, and overall profit generated, this list proves to be a huge motivator for those just starting out with being an affiliate.
No - your earnings will not be subtracted if the affiliates you onboarded make losses. IQ Option has a zero balance deductions policy. There’s no room for a negative balance, ensuring you earn as dictated by your payment model.