20+ TOP Binary Options Affiliate Networks – Best High Paying Binary Networks of 2024 for Money Making

Recent economic ups and downs force more and more people to look for additional income, and many decide to try trading. Binary options represent one of the easiest variants. Brokers strive to attract more clients and open affiliate programs to get more traffic, which in its turn means more traders.

Actually, a vast number of affiliate programs means higher competition and better terms for affiliate marketers. If you are lucky, you can get a $200 CPA. Persistent, niche-focused experienced webmasters and marketers with targeted high-quality traffic receive $300-$350 CPA. They are true pros. Anyway, you can build up your expertise in binary options and successfully promote affiliate programs. Let’s dive in and see how you can earn on binary affiliate programs.

Affiliate Networks vs. In-House Programs

First of all, there are two ways to work with binary options affiliate programs:

• You can work directly with a program — many brokers offer to join their affiliate programs through their websites.
• You can apply for an affiliate program through an affiliate network. Networks act as marketplaces and cooperate with a variety of advertisers in all niche categories. Actually, there are also highly-specialized affiliate networks that operate in a specific niche, including binary options.

While in-house programs might have a tiny bit higher commission, they are usually filtering applicants for traffic volumes and traffic sources. If you are a beginner with no niche-focused established website or YouTube channel with a solid number of subscribers, you have low chances to be accepted.

But keep your chin up! There is another way to earn on binary options affiliate programs — join a network.  Typically, networks do not set strict requirements for marketers — even zero-experience marketers can join some networks. If you’ve been working with one or several multi-niche affiliate networks, search for binary options offers — quite often brokers run offers on multiple platforms to drive traffic to their platforms.

Another terrific advantage of affiliate networks is a chance to promote several brokers through a single network. This way you simplify the process of applying for offers, getting promotional materials (such as banners, links, widgets, etc.), and payments. Besides, you can follow the progress via a single dashboard.

Some examples of binary options affiliate networks include BestForexPartners (Banc De Binary and 24Option are among many brokers running their affiliate programs on this platform), BinaryAffiliates, 24Partners (Anyoption, iOption, Eztrader run programs via this network).

Commissions

The world knows how lucrative binary affiliate programs are. Numbers may vary, though. In fact, the commission often depends on the volume and quality of traffic. CPA commissions start usually at $200, but you can scale up to $400. Offers with a Hybrid commission model allow getting CPA and revenue share. Binary options affiliate programs usually offer one of three major commission models:

• CPA. The most common commission model — Cost per Acquisition — rewards a marketer when referrals open accounts and make a deposit. In fact, some brokers set a minimum required deposit to earn commissions.
• Revenue Share. In this case, your commission depends on the revenue a broker receives from your referrals. The good thing is that most brokers offer lifelong commissions: as long as your referral is active and continues trading, you earn money. The percentage also depends on the trading volume and the broker’s revenue from your referrals. Typically, the commission rate is 25%; however, you may earn 30%, 35%, and even more when the generated revenue from clients is over $50k.    
• Hybrid (CPA + Revshare). As the name of the commission model implies, it combines the best aspects of CPA and revshare plans. You earn the CPA (well, lower than in the pure CPA model) and receive a percentage of the revenue a broker receives from future trades.

Traffic Sources

Ok, you can join affiliate binary options programs and networks. Where to promote programs to drive targeted traffic? In fact, most major traffic sources work if used properly.

• YouTube. Undoubtedly, one of the best traffic sources for promoting binary options affiliate programs. Used often as a search engine, the platform with more than 2.6 billion monthly active users has unlimited capabilities in generating traffic to affiliate programs. Create broker reviews and comparisons, tutorials on how to join a trading platform, hacks to successful binary trading, etc. SEO techniques are crucial for titles and video descriptions.

Important: When you use affiliate links in descriptions to videos, do not forget to write a disclosure. You can use hashtags like #ads or #advertising; or use text format “I use affiliate links, so when you click on them, I will earn a commission at no extra cost to you” or your own variant.

• Website/blog. If you have a website in the Finance niche, you’re a winner. Yep, building authority and an audience takes time and effort. These investments are paid off in the future via affiliate income. Offer high-quality content and communicate with readers via social media channels. As a result, you get targeted free traffic. Content in the form of comparisons and “How to..” works efficiently driving new visitors to your site.  

Optionally, you can purchase contextual ads on trading-focused platforms with solid traffic volume. Do your homework: Search for websites focused on economic and financial news and analysis. You need active platforms with high traffic volume and a high level of engagement.
 

• Native ads. Contextual ads aren’t outdated as they might seem. Google Ads can drive the targeted traffic you need. Do thorough keyword research and use relevant but low-frequency keywords for your ads.

Attention: Certain countries prohibit trading ads. Additionally, your ads should be in compliance with Google advertising regulations.  

• Social media communities. The power of social media platforms and channels cannot be overestimated.  
• You know, Facebook has it all. A huge audience, precise targeting, and strict ad policy. Actually, many binary affiliate programs promote trading apps. Facebook is renowned for its inadequate restrictions and banning. However, app install campaigns on Facebook are pretty successful with high conversion rates. Well, use populated and active Facebook trading communities — they can generate a significant chunk of traffic for your campaign. But read the Facebook Ads guidelines thoroughly to avoid being banned.  
• Do not underestimate Reddit. Actually, this is one of the most powerful platforms undeservedly overshadowed by Facebook. Industry-focused subreddits can generate high-quality traffic. There is one thing to always remember: Redditors do not like direct ads. You will be downvoted and ignored. Build your authority, earn positive karma, and help fellow Redditors by answering questions and participating in discussions.
• Twitter. This platform proved to be very efficient as a traffic source for affiliate programs in the Finance niche. A vast number of Twitter users follow financial news and share trading tips.  
• Advertising networks. Experienced marketers feel quite confident with paid traffic. So, if you have worked with ad networks, the massive traffic they offer might bring good results (see the case below). Based on correct targeting, a binary options affiliate campaign can deliver impressive results. The mandatory requirements for running a profitable campaign are continuous optimization and multiple tests at different stages of the campaign. Actually, ad networks are interested in your success; hence, tune in to recommendations from pros or even seek advice from managers.

Target Audience

One of the common mistakes of affiliate marketing beginners is wrong targeting. For example, if you run a binary options campaign and target traders, you won’t get any significant results. Why? It’s simple. Pro traders work with specific brokers they trust and are unlikely to switch their preferences. After all, trading involves money, huge money, so chances are low to drop off a reliable platform for the unknown one.

On the contrary, you need to target venturesome people interested in fast money. Understanding the characteristics of your potential audience is the key to a successful campaign.

Quality of traffic and conversions depend on targeting. So, you may begin with age groups thirsty for fast income, for example, 18-35. Definitely, you may add other age groups, filtering them by interests and activity.

In the current economic situation with prices increasing almost weekly, many people want to try trading as a source of supplementary income. Actually, they are worried about diving into Forex trading with zero experience; thus, binary options trading might be considered a safer variant for them.

In general, the target audience includes:

• Young, tech-proficient users — millennials from Tier 2 &3 countries.
• Middle-aged users with knowledge in macroeconomics and finance.
• Professional traders. This audience requires a different approach to ad creatives and marketing funnels. You need to prove that a broker you promote is trustworthy to grab the attention of pros.

Why Promote Affiliate Binary Options Networks

Most affiliates choose binary options affiliate programs because of high commissions and a large audience interested in trading. Despite high competition in the market, affiliates manage to earn significant amounts running binary options campaigns.

• Fast growing market. In the last five years, binary options trading has overpassed Forex trading in popularity. The market transition is easily explained by the simplicity of binary options trading. To be honest: you are not required to have any specific knowledge to make predictions. It stands to reason that serious players watch out for major political and economical trends and events before investing solid sums. However, most amateur traders start with small deposits and increase investments step by step.
• Easy access & no experience requirements. To open an account, a small deposit is required. Brokers compete for new traders and offer all sorts of guidelines and training programs for beginners. They use welcome bonuses to entice novices.  
• Lucrative programs. Binary options programs offer generous commissions. Once you’ve got a stable traffic source, you benefit from the Revshare payment model — people trade, and you earn commissions.
• Lifelong cookies. As long as your referral continues trading, you earn money. Once a person has clicked your link, opened an account, deposited funds, and begun trading, you earn commissions for as long as he continues trading.

Binary Options Affiliate Networks: Pros & Cons

Pros:

• Easy access for beginners. If brokers with in-house affiliate programs have minimum requirements in terms of traffic volume and having a website, binary options affiliate networks welcome new marketers without websites.
•  A variety of binary options affiliate programs are presented on a single platform. Networks strive to attract as many advertisers as possible so that you have multiple options to choose from.
• Qualified support managers. When you join a network and apply for a program, a dedicated manager will guide you to make the most of the offer. Actually, managers are interested in your success: networks receive commissions as mediators between an advertiser and a marketer. So, the more you earn, the more a network earns.
•  An extensive range of educational materials, such as guides, video tutorials, blog articles, case studies, and so on.
• All sorts of promotional materials for affiliates.

  

Cons:

• As with any affiliate programs in the trading niche, your Revshare commission depends on a positive balance in the favor of a broker. To put it simply, you win when your referral loses.
• Payments are scheduled. Some networks take time for processing data, so you can receive your commission only on a specific day next month. For example, you run a campaign from September 1, 2022 until September 30, 2022. Let’s say your ads convert well, and you earn $4 500 as of September 30. However, if the network’s policy states that payouts are carried out at the end of each month (from 25 to 30), you can withdraw your funds at the end of October.  

Case Study. Targeting Mexico for Binary Option Offer

The marketer “Okwi” has shared his experience of working with binary options affiliate programs. Okwi noted that he has planned to try binary options affiliate programs for a while but couldn’t find the right offer. So, the case study below is a small testing campaign to verify a traffic source, affiliate offer, promotional materials, and campaign settings.

Affiliate program: Olavivo

Affiliate offer: Mainstream Binary

Traffic: Push notifications

Period: August 8, 2019 — August 30, 2019

GEO: Mexico

Expenses: $308

Revenue: $600

Profit: $292

ROI: 94%

The marketer explains the choice of GEO by cheap and abundant traffic and low competition. He decided on Push notifications and searched for ad networks with high volumes of traffic in the selected country.

As for Olavivo, the marketer searched for a program with a variety of binary options for traders.

He selected a landing page:

Actually, targeting has been changed in the process. Initially, he targeted users with high-level activity. Later, based on the network manager’s advice, switched targeting to all activity categories. From 933 clicks a day, he got 1965 clicks per day. Working with the CPC payment model, he noted the difference almost instantly.

Several creatives were tested:

He spent some time creating appealing titles and descriptions highlighting instant wealth and getting rich fast. A couple of examples he used you can see below (of course, phrases were written in Spanish for Mexico):

“Make money without leaving home! — Click and find out how to earn $1 000 per day!”

“How to make money in one day? — First money is already waiting for you!”

He relied on bright images and catchy titles. In fact, the strategy worked. He noted that making banners relevant to the landing page is crucial.

With the first clicks, he moved on with optimization. As mentioned above, he changed targeting from high-activity to all categories. The number of impressions spiked at once.

After he had revised the detailed stats, he raised the bids to improve the conversion rate. The next day after the changes, impressions increased x2.5, clicks doubled, and the conversion rate quadrupled.

Important: Non-converting placements were blacklisted not to waste money.

The marketer confessed that he ran this campaign primarily for testing and didn’t use all resources to generate traffic. Once the test had delivered satisfactory results, he just paused further optimization.

Settings were as follows:

Device: Mobile

OS: Android

Language: Spanish

Bid: Initially, he planned to run the campaign at $0.010 but changed it to $0.015. A week later, he lowered the bid to the initially planned ($0.010) — results declined, and conversions stopped.

 Finally, he got 94% ROI but wasn’t actually satisfied. He stopped the campaign on August 30.  

The marketer resumed that he was satisfied with his results and the conversion rate in general. He also noted that changing the bid for the lower one was a mistake that resulted in declined conversions and ROI.

Additionally, he highlights the crucial role of using blacklists and continuous tests.

Conclusion

Joining binary options affiliate networks is certainly a good idea: you can get higher profits on tremendous amounts of money circulating on trading platforms. Given that you have a reliable source of quality traffic, tune and adjust your campaigns or content used for generating traffic, and you should notice how your bank account is topped up.