Versus: The IronFX Affiliate Program vs The BlackBull Partners Affiliate Program
Trading affiliate programs are among the most popular of all, but choosing the right one can be tough. Different programs have different benefits and restrictions, and you’ll need to find the right fit.
As an affiliate, you must consider every relevant factor when choosing a program. What is the cookie lifespan? How much commission can you earn? What are the payout limitations? These are just a few of the questions you’ll need to ask yourself.
The IronFX Affiliate Program and the BlackBull Partners Affiliate Program are two of the best trading affiliate programs around. We’ve gone over each one to prepare a comprehensive comparison of the two for your benefit. Let’s dive in.
IronFX Affiliate Program vs BlackBull Partners Affiliate Program
IronFX Affiliate Program
Pros:
Competitive commissions
Extensive marketing tools
Dedicated support
Cons:
Restrictions in certain countries
Requires trading knowledge
Performance-based earnings
IronFX is an award-winning and globally recognised online trading platform with 10 trading platforms and more than 500 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities.
IronFX has an Introducing Brokers (IB) and Affiliates Program that has quickly become a popular option for affiliates within the trading space. IronFX as a company deeply value partnerships and mutually beneficial relationships.
The IB and Affiliate Program, as well as the White Label Solution, are all designed to offer partners a great tool to maximise their income. The IronFX affiliate program aims to help you expand your client network and transform your affiliate marketing efforts into a lucrative operation.
What programs do they offer?
IronFX offers three distinct programs:
Introducing Brokers: Introducing Brokers, or IBs, are independent broker-dealers acting as agents whose task is to introduce new traders to a brokerage firm such as IronFX.
White-Label Solution: The in-house team has custom-developed the White Label solution to target financial institutions and individuals looking to penetrate or increase their online retail trading businesses.
Affiliate Program: With the IronFX affiliate program, you introduce new partners to IronFX and earn extra income. IronFX offers competitive CPA commissions and extra cash bonuses.
Benefits of the affiliate program
For our purposes, we’ll be focusing on the IronFX affiliate program. The program is run in-house, and affiliates are given comprehensive support to assist marketing efforts.
You’re given access to dedicated media and marketing tools needed for high-quality promotions and managing traffic. The expert affiliate managers and multilingual customer support team are there to assist you and your referrals at any time.
IronFX ensures that you’re rewarded for your efforts with great commissions, swift payments and flexible solutions to suit your affiliate marketing model. You can earn up to $1500 in commission and an extra rebate of $15 per lot on their referees’ trades.
The IronFX Affiliate Program is an excellent opportunity for those looking to earn through promoting a reliable and recognised brand in the forex and online trading industry.
A stats dashboard helps affiliates keep track of their performance and manage new leads. With the program, you have access to free marketing materials, innovative technologies and revolutionary hybrid payment solutions.
As an affiliate, you’re assigned your own dedicated account manager to assist you throughout the implementation process. Additionally, a team of risk management and analysis experts are available to provide invaluable support.
With its competitive commissions, a 60-day cookie lifespan, comprehensive support, and extensive marketing resources, affiliates are well-positioned to succeed in their promotional efforts.
Key IronFX Affiliate Program Terms:
The key terms for the program are as follows:
- CPA amount: $1500
- Cookie Lifespan: 60 days
- Minimum User Deposit: $100
- Payout Trigger: N/A
- Revenue Share: Yes
- Revenue Share Amount: Subject to Eligibility
- Payout Methods: Bank Transfer
- Payout Frequency: Daily, Weekly or Monthly
- Bonuses: 1,000 Cash Bonus for the first 10 qualified accounts you refer.
How much can I earn as an IronFX Affiliate?
Let’s take a look at a real-life example of an IronFX affiliate promoting the trading platform.
In the above example, we see a comprehensive review of the platform. In the description, you’ll see an affiliate link. So every time someone joins IronFX as a new trader, the above affiliate earns money.
The video itself currently sits at around 3K views. If we assume a 1% conversion rate, that equals 30 sign-ups.
At $1500 per new trader sign-up, the affiliate would have earned a remarkable $45 000 from one video. Remember, this is only one of the many channels the affiliate may be promoting the trading platform, and the profits are already lucrative.
BlackBull Partners Affiliate Program
Pros:
High commission rates
Global market access
Dedicated support
Cons:
Cookie duration not specified
Requires trading knowledge
Initial setup effort
BlackBull Markets is an award-winning New Zealand-based broker serving tens of thousands of traders across 180+ different countries. The mission is to provide traders with a powerful trading experience through innovative technology and exceptional customer service.
BlackBull Partners represents a dynamic opportunity for affiliates, influencers, and introducing brokers (IBs) keen on partnering with a globally recognised broker. Every aspect of the partner program has been flexibly designed to meet the needs of affiliate marketers in an ever-changing financial referral landscape.
The affiliate program is tailored to accommodate various types of partners, including social influencers, marketing affiliates, and industry professionals, by providing them with dedicated account managers, live reporting, and customised payment schemes.
What programs do they offer?
BlackBull Markets offers three types of partner accounts:
Social Influencers: The Social Influencers program is for content creators, streamers, community managers, and influencers who produce engaging media about the industry.
Marketing Affiliates: The Marketing Affiliates Program is for online marketers who use their own industry-related website, blog, forum, or advertising portfolio to generate paid or organic traffic on a performance basis.
Introducing Brokers: The Introducing Brokers program is for industry professionals who have a good understanding of the foreign exchange market and want to promote to their network to generate new business.
Benefits of the affiliate program
For our purposes, we’ll be focusing on the Marketing Affiliates program. When you sign up to be a partner of BlackBull, you get a personal account manager with years of industry experience to work alongside you as your first point of contact.
The affiliate portal dashboard is designed to give you a 360-degree overview of the program. From here you can easily monitor performances, track referrals and conversions in real-time, check transactions, commissions and payouts, and analyse trends with customisable reports.
The lucrative payment structure allows employees to earn a CPA of up to $1000 per client and there are no limits on your earning potential. However, you’ll need to earn at least $500 in commission before you can start requesting payouts.
Perhaps the most attractive part of the affiliate program is the 365-day cookie lifespan; quite easily the longest we’ve seen. This greatly boosts your chances of securing new clients.
As an affiliate, you’ll also get access to a wide range of marketing materials in multiple different languages to make it as easy as possible for you to promote the platform. A personal affiliate manager will also assist you with everything you need to get the most out of your promotional efforts.
BlackBull Partners offers a compelling opportunity for those within the trading and financial services niche to leverage their network for substantial extra income, backed by a reputable and globally recognised brand.
With personalised guidance, regular performance reports, and prompt payments, the BlackBull Partners Program stands out as one of the best.
Key BlackBull Partners Affiliate Program Terms:
The key terms for the program are as follows:
- CPA Amount: Up to $1000
- Payout Trigger: $500
- Revenue Share: CPA only
- Payout Frequency: Monthly
- Cookie Lifespan: 365 days
- Payout Methods: A variety of country-specific funding methods
How much can I earn as a BlackBull Affiliate?
Let’s take a look at a real-life example of an affiliate promoting BlackBull Markets.
Once again the affiliate in the above video is using a review to promote the BlackBull Markets. If you look in the video’s description, you’ll see an affiliate link, confirming that he earns additional income every time somebody joins as a trader through that link.
The video currently sits at around 1.2K views. If we once again assume a 1% conversion rate and a CPA of $1000 per trader, the affiliate will have generated income of $12,000 from one video.
This is working under the assumption that they’re earning the maximum cost per acquisition and converting a total of 1% of their views. Even so, these profits are incredibly high for a video with only 1200 views.
Which affiliate program is best?
Both the IronFX Affiliate Program and the BlackBull Markets Affiliate Program have compelling benefits. For affiliates in the trading space, either one presents a great opportunity to boost affiliate income.
If you want the program with the highest possible commission rates, IronFX may be for you. If you prefer programs with longer cookie lifespans, BlackBull’s program may be the better option.
You’ll get similar support and a range of marketing materials in both programs, and both companies are globally recognised brands. At the end of the day, it comes down to your preferences and what you hope to receive from the program.
Summing up
The affiliate marketing realm is forever evolving and new programs are constantly popping up. As far as trading affiliate programs go, the two we’ve just discussed rank as two of the best around.
When you’re deciding on which program to join, consider factors such as the cookie lifespan, commission rates, revenue share, payout triggers, payout frequency, bonuses, and more. The best affiliate programs also offer comprehensive support for affiliates with a full suite of promotional and marketing materials available for affiliates to use.
In the battle of the IronFX Affiliate Program vs the BlackBull Partners Affiliate Program, the winner depends on your preferences. Both programs have high earning potential with no limits on how much commission you can earn per year.
At The Affiliate Monkey, we’ve gathered all of the best trading affiliate programs to help you compare and review. If you’d like to learn more about what we do, check out our website or book a call today.
- The Essential Affiliate Marketing Guide Every Content Creator Needs - 3 December 2024
- The Role of Invoice Finance in Boosting Affiliate Marketing Success - 29 November 2024
- How Is Affiliate Marketing Changing the CBD Game? - 21 November 2024