Stock Affiliate Program

Just like any other affiliate program, the stock affiliate program helps people to get money for getting traders use a certain online trading broker. If you can convince a stock trader to trade forex using a certain broker, then you can make it as a successful stock affiliate.

The stock affiliate program allows traders to make money by promoting an online stock broker to potential stock traders.

As an affiliate, you will be paid on commissions as per the agreement with the parent online trading company. Some of the leading types of commissions will be discussed here below.

Affiliates Commissions

Commission for providing Leads

The first type of commission that you can get is the leads commission. This type of commission is given to affiliates who can provide qualifying name, email, and phone. The parent company is responsible for setting up the commission per lead.

Commissions per Call

You can also get a commission if you provide inbound calls of over 10 minutes. Again, the commission is dependent on what the online trading company offers.

Direct sales

This is the most popular type of commission that you can get in a stock affiliate program. This commission pays you for the sales you help an online trading company to make from a stock trader. Therefore, it means that you have to convince a potential stock trader to trade using the parent online trading broker so that you get a commission. Normally, the commission is always charged on a percentage basis. The online trading broker and the affiliate agree on the percentage to be cut as commission.

Second tier sales

This kind of commission pays an affiliate for the sales made by the sub-affiliates. For example, if an affiliate refers a stock trader to an online trading broker and the trader refers others, the affiliate will be given a commission of the second tier sales.

Stock affiliate program is very beneficial to many people who want to make passive money through referrals.