IQ Option affiliate program review – How good is it?
What is the IQ Option affiliate program? There are several ways to earn from forex and binary options apart from active trading. Some of those ways are so indirect and in fact comparatively easier than trading your money. One of them is by serving as an affiliate to binary options trading brokers, and you earning money in return. IQ Option offers one of the best affiliate programs but before we dive into this properly, we have to clarify some terms.
Quick facts about the IQ Option affiliate program:
- Earn up to 50% of the broker’s earnings
- Earn high CPA commissions (one-time payout)
- Multiple landing pages for customers
- Personal support and help
- Different payment methods
- Professional tracking tools
Who is an affiliate?
An affiliate is a person who brings customers into a business and is rewarded for it. Affiliating involves you referring someone to do business with a particular firm and the particular firm or company rewarding or compensating you for the referral. So, the company sets up an affiliate program where you sign up as one of the affiliates. Then you start referring people to the company.
What is an affiliate program?
This is a program set up to encourage people to bring in customers to do business with their company and in turn, compensate them for it. Such ‘business’ depends on what the company engages in – either the selling of products or services.
Why companies prefer Affiliate Marketing
Companies engage in many marketing schemes all in a bid to get more customers. But it happens that many companies happen to prefer affiliate marketing to other forms of marketing. You may ask why companies still engage in affiliate marketing, especially when they can go out there and get the customers for themselves and not have to share the revenue with affiliates.
Those reasons include the ones outlined below:
- It is the cheapest form of traffic. The company does not have to do any marketing itself.
- One of the surest forms as the company trusts the affiliates to deliver referrals.
- Relatively easier to get conversions/sales. This is because the affiliate would have done the job of convincing the prospective client/customer.
What is behind IQ Option?
IQ Option is a global binary options and derivatives broker that provides excellent services to traders. It is present in more than 180 countries of the world, although headquartered in Cyprus. There are over 6 million traders who currently trade on its platform.
Review of the IQ Option affiliate program
As a broker, IQ Option is always looking for new customers to provide their excellent services to. Thus, they embark on various marketing campaigns to get even more traders to sign up and start trading. One of such marketing channels is affiliate marketing. Thus, you are required to sign up to become an affiliate with IQ Option. After this, you can then start promoting the broker, and if you get persons to sign up through you, you get handsomely rewarded.
Currently, there are more than 190,000 affiliates under IQ Option Affiliate program.
See the dashboard of the affiliate program below:
Benefits of being an IQ Option Affiliate
Staying true to its culture providing better services than its competitors, the IQ Option Affiliate program holds up better than most other broker affiliate programs that you find out there. There are many factors that clearly set the IQ Option Affiliate program apart, and some of them are listed below:
1. Lifetime commissions
One of the most important things you get from IQ Option is lifetime commissions. Its system does not work in a way where you earn once and that is all. You keep earning for life, so far the traders you referred in continue to trade. As a result, with IQ Option, you only need to do the hard work of referring only once, after which you start to earn for life.
2. High Payout Percentage
The percentage of your referral’s deposits that you are paid is comparatively high. IQ Option pays you up to 50% of whatever the trader you referred to deposits. This is easily one of the highest you can find in the binary options space.
3. Easy and fast payouts
Furthermore, IQ Option provides you with easy and quick payouts. You are paid whatever you earned at least two times each month (i.e. every two weeks). Apart from being fast, it is also easy. You get paid through diverse options including:
- Wire Transfer
- And many others.
4. Marketing Tools
When you compare to the actual trading, affiliate marketing is easier as a business model. However, it is not a piece of cake and usually requires some degree of work and commitment on the part of the Affiliate. Amongst others, one of the biggest issues confronting affiliates is marketing. This ranges from the traffic source to marketing materials and resources.
IQ Option has made this much easier. It has partially done the job for you. When you sign up for the IQ Option Affiliate program, you get access to marketing resources with which you can use to do better promotions. These tools include mobile promotions, web promotion, and many others.
Hence, you do not have to start any affiliate campaign from scratch and start figuring out what creative tools to use and how to track your campaigns amongst other worries.
5. Personal Support
Being an IQ Option affiliate gives you access to personalized support from dedicated affiliate managers. These managers are there to guide you whenever you need any help whatsoever.
Signing up to become an IQ Option affiliate:
You being here signifies that you are most likely interested in affiliating for IQ Option. This is quite easy. All you have to do is visit affiliate.iqoption.com, grab your affiliate link and start earning.
What is also important to know is that you have to verify your account. You can register as a person or as a company. IQ Option will ask you about the following documents:
- ID verification document
- Bank statements for withdrawal money
- Proof of address
- Documents of the company
The verification process is done very quickly. The account manager or support can help you with that.
IQ Option regularly publishes the list of its most successful affiliates, the Top Ten. As an affiliate just starting out, you can check this to derive motivation as to what is possible when you affiliate with IQ Option.
Tips on becoming a better Affiliate
Do you want to earn some good money from affiliating for IQ Option? Then, you have to double up on your efforts. This is because there is now increased commission as the headcount for affiliates stands at 180,000+. This means that there is now some level of competition to acquire customers for IQ Option.
Thus, you really have to set yourself apart from the pack by being innovative and creative. Deliver real value and you see people joining IQ Option through you:
1. Have a website
As an online marketer, having a website is one of the most important boxes you have to tick. In fact, when registering as an affiliate under IQ Options, they do ask for your website address. The website has many benefits. It serves as an avenue to which you can channel traffic – even if you will be making use of paid traffic. Also, your potential referrals trust you better when they see that you have a website.
So, what do you do with a website? We recommend that you list blog posts and content that guide readers about IQ Option.
How do you get a website? You can purchase a domain very cheap at domain aggregators such as Namecheap and GoDaddy. These sites also sell hosting services. You can do all of these for under $30.
How do you build a website? That is very easy. You can make use of WordPress or Wix to get your website ready in under an hour.
Make use of organic traffic
Organic traffic methods remain one of the best ways through which you can get access to potential referrals. Not only is it cheap (in fact, costs less) it also lasts long. The only thing is that it requires a considerable amount of patience and consistency to yield results. Some recommended organic traffic channels include:
- Creating Facebook groups: Facebook is one of the best places to get access to quality and quantitative traffic. Let’s not forget, it is the largest social media in the world. Create a Facebook group and post interesting and engaging content. Also, send friend requests to persons that you think might be interested. Gradually, your engagement will grow and you will have ready-made referrals.
- YouTube: YouTube is another great traffic source with billions of users daily. You can create a YouTube channel talking about IQ Option services and their benefits. You can then put your referral link in the “description” section. Also, if your YouTube channel becomes huge, with enough subscribers, you can monetize it by allowing YouTube ads.
- Blog: As we have talked about above, the blog is still a crucial traffic source.
- Forum: If you own or have access to a forum, you can also generate traffic through it.
- Provide Value
There are tons of IQ Option affiliates out there and they are all aiming at getting new traders to sign up with them. But people will only sign up under anyone who provides them real value. The value can come in the form of providing trading education, signals, or even webinars. Potential clients who benefit from these are much more likely to sign up under you.
Adhere to the rules
There are some conditions and regulations that IQ Option outlines for affiliates to adhere to. For one, you are not allowed to refer yourself. That is, create an account using your own affiliate link. If you are making use of Google Ads, do not use the ‘IQ Option’ brand name. Then, do not make use of aggressive marketing, promising people they will make money overnight.
If you violate these regulations, they may deny you payments or you may be banned completely from affiliating going forward.
Conclusion on the IQ Option affiliate program
Affiliating with the IQ Option Affiliate program can be one of the best ways to earn money. This is because you are helping traders sign up to one of the best brokers, and at the same time, earning good money for yourself. This affiliate program is one of the best in the industry because it has a professional tracking system and high payout.
Advantages of the IQ Option affiliate program:
- You promote a regulated and safe broker
- High payouts
- Easy signup process
- Professional tracking system
- Personal support
- Multiple landing pages