If you’re good with numbers and know the stock market, you can build a passive income using day trading affiliate programs.
The process will be easier if you know how to trade, however, there are affiliates who wouldn’t have a clue how to trade, yet know enough about building websites that they can still make a good income.
Lucrative partnerships can be formed with just a decent understanding of the technical aspects traders need to know.
That information you know can be used for building review platforms to help those interested in day trading to find a platform that gels with them. There are plenty of them around and in different countries too.
Every day trader has their preferred trading style. Some will stick to one market, whereas others will diversify across many, but still maintaining an expert grasp on just one financial market.
Typical markets suitable for day trading include:
- ETFs (Exchange Traded Funds) and CFDs (Contracts for Difference)
In all cases, day traders want to get in and out the market on the same day.
By sticking to intraday trading, no trades are left overnight so the trader can close out the day knowing no investments are sitting open and therefore they won’t be at risk of sudden market fluctuation.
The profits a day trader can make differ drastically and it really boils down to how much they’re trading with. In a way, it can be similar to systematic gambling, such as in horse racing where the punter mostly backs the favorites, but only after careful analysis of historical race wins and places.
Place a sufficient amount on odds of 1/1, you get back the same stake, such as a $5 bet to win outright at 1-1, would return the $5 stake plus $5 profit.
Similarly, in trading, the idea is to get the initial return back with a small profit on each trade. The term used for this is scalping and it’s only one trading strategy of many. Not every trade will be successful so a lot comes down to mindset and patience.
Generally, long term traders will have their own rule of how much they’re willing to invest in any single trade. Typically, 1% of the account balance.
For a day trader with a $25,000 balance, it’d mean investing $250 in one trade. Even a 2% rise on a $250 trade is only $5. But, the money is in the volume.
Traders place multiple trades but they don’t always place a trade every trading day. They use market scanning software and alert services to know when a trade matches their strategy.
They expect to lose some money. It could take a run of 8 losing trades before one finally becomes profitable.
Estimations on the success of day traders are dismal. It’s estimated only 90% to 95% of traders are successful. That’s in terms of making money. A good win ratio will be 50%, which means half the trades make returns, the other half lose. Obviously, the winning trades need to make sufficient returns to cover the losers.
Even so, some traders make money and the field is one that people remain interested in. This pattern alone makes day trading an interesting topic for affiliate marketers.
- Review sites are a popular choice for affiliates.
- You can also provide a training course, either free, freemium, or premium. Obviously, you’d need to know what you’re doing and preferably be partnered with a software provider so you can show your audience how to use the software, interpret the data, and place trades on the broker platform you’d be partnered with. Your back-end profits would be broker platforms and chart software services.
- Build a Traders blog that covers market analysis and various trading strategies.
- Build a website that focuses exclusively on resources for traders, such as providing a mixture of reviews, news analysis, stock charts, day trading tips, and the hottest books to study as well as online courses to learn about day trading.
- Scam alert sites are well-worth considering because a lot of trading courses are garbage. Like, anything that promises you can trade successfully using an automated system or make money trading in just one-hour a day – tell your audience to dodge it!
- Given that day trading is high-risk, requires patience and a super-strong mindset, there is scope to tie in psychology courses and mindset training programs to maintain a positive mentality, especially when experiencing losing streaks.
12 Day Trading Affiliate Programs
- Lead Capital Partners
- Admiral Markets
- ATFX / ATFXpartners.com
- Easy Markets
- Responsible Day Trading
- Humbled Trader
- Trend Spider
- Top Step Trader
1. Lead Capital Partners
Lead Capital Partners is where to register your interest in partnering to promote trade.com and finq.com.
Both platforms are highly regarded, more so for Trade.com internationally as they’re a licensed broker in a number of countries including:
- The Cyprus Securities and Exchange Commission
- The Financial Sector Conduct Authority (South Africa)
- In the UK, their trading name Livemarkets Limited is authorized and regulated by the Financial Conduct Authority.
For that reason, Trade.com accounts are better targeted to the above countries where they are licensed and regulated, including the EU. Countries the platform aren’t regulated include the US, Canada, Japan, and Belgium.
Finq.com is licensed and regulated by the Seychelles Financial Services Authority (SFSA) but it isn’t regulated in the US or the EU. The platform is popular for Australian day traders, and also in South Africa, and India.
Both platforms have plenty for day traders to pick from including:
- Over 60 currency pairs
- Over 2,100 tradeable instruments (mainly CFDs)
- And you can trade crypto too, although they only cover four of the major cryptocurrencies. For crypto traders, there are better crypto exchanges but either Trade.com or Finq.com could be used by beginners to get a feel for the crypto market.
By partnering through Lead Capital Partners, affiliates are able to take advantage of global marketing campaigns by referring users to the most appropriate platform for their jurisdiction.
Affiliates are paid a commission for each first-time depositor referred to trade.com, finq.com, or finq.cn.
No information is provided about cookie-tracking or affiliate payments, other than being paid regularly and to contact to discuss payouts/commissions. There’s also dedicated affiliate support provided.
Traders in general work from home or in isolated conditions. The prospect of working remotely from anywhere is always appealing, but in most cases, remote working is exactly that – remote.
It’s isolated and chances are, not many day traders have a social circle around them that “get” what they do. In that respect, it’s a lot like the life of an internet marketer. The masses generally don’t get the industry.
Owing to the isolating nature of day trading, many newcomers benefit from a community and that’s partly what Profit.ly does. The company provides a social platform for traders to mingle, but more than that, to see what works and what doesn’t.
The platform was founded in 2011 by Timothy Sykes, who has the experience of trading, and his business partner Michael Mosseri who built the platform. Today, they have a community of traders that’s 170,000+ strong.
Of course, for it to be of use, it needs to provide value to the user besides connections. They do provide training, let users track and verify trades, and help users learn from successful traders.
They have a leaderboard and users are able to follow who’s considered to be of guru status. Newcomers can try to follow along, follow the same trading strategies, and if someone doesn’t live up to expectations, switch to someone else to mimic what they do.
The platform has a range of pricing options based on a subscription model and they pay a 30% recurring commission to affiliates on both annual or monthly subscription plans.
They also have statistics packages that pay 50% commission.
Cookies last for 60 days but unlike the majority of programs, the cookies are not last-click wins. If you’re the first affiliate to refer someone new, the cookie won’t be over-ridden by the likes of a review affiliate or coupon website.
The affiliate program has sub-id support too, which is handy for affiliates running A/B testing campaigns. Payments are paid monthly once you reach the $100 minimum payment threshold.
3. Admiral Markets
Admiral Markets is a beginner-friendly MT4 and MT5 broker platform suitable for beginners interested in Forex trading or CFDs. The main upside for newbies is the high level of educational content the company provides.
In addition to educating new investors, the minimum to start trading is just $200.
For that, investors can choose to trade in any of 47 currency pairs, which is quite low, but for CFD traders, they have over 3,000 to choose from. Other instruments to trade include ETFs, bonds, some cryptocurrencies, and indices.
Additionally, similar to Profit.ly, the platform supports social trading – letting users follow along and learn from other traders on the platform.
Experienced day traders may find the platform a good fit too due to their premium analytics tools, such as having access to the Dow Jones News or Trading Central for market analysis.
Admiral Markets has been around since 2001 and is a trusted brand, which should be reflected in your conversion rates. The commissions range from $200 to $600 depending on the type of account your referral opens.
4. ATFX / ATFX Partners
ATFX is an online broker for traders interested in Forex trading, crypto trading, or CFDs. The platform is most suited to experienced traders as it is a trading only platform with research tools provided.
Users would need to have access to other sources for analysis. They do provide some decent educational material, including training webinars but most are focused on the platform and MT4 trading software. Not MT5.
On the upside, for those who know what they’re doing and therefore looking for a broker with fast service and low fees, ATFX could be a good fit.
Being that the platform is suited to experienced traders, that’s reflected in the minimum deposits to start using ATFX, which ranges from $500 to $10,000 depending on the account type opened and the leverage is capped at 1:30.
This could be both good or bad depending on how risk-averse your audience is. Experienced traders may prefer larger leverages so the platforms are more suited to traders who don’t like high-risk – trading on too much borrowed money.
On the upside of the 1:30 leverage cap, ATFX does have negative balance protection so customers can only lose their own money, but they’ll never lose the brokers’ money leaving them in debt.
Additional protections are in place in regulated countries through the following:
- Financial Conduct Authority (FCA – UK)
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Services Authority of St. Vincent & the Grenadines
- Financial Services Commission of Mauritius
The platform accepts international users with the exception of people in the United States, Canada, Japan, and China.
The affiliate program for ATFX is managed by ATFXPartners.com and they pay from $200 to $1,300 per referral depending on the type of account opened and the minimum deposit placed.
The cookies are set to 30-days but in addition to opening, being approved, and funding the account, your referrals also need to close 10 trades within the first month to qualify for the final tier payment.
Founded in 2008, DeGiro has gone on to become one of Europe’s premier investment platforms serving over 450,000 customers.
The platform has won over 65 international awards and is considered a global platform with access to markets beyond the US and Europe.
Among the main advantages are having no minimum deposit making it suitable to absolute beginners without the need to fork over $200 at least to trade on a live account. They also provide demo accounts too.
The service allows day traders to use margin trading of up to 100% with more available during trading hours.
DeGiro is registered as an investment firm in Amsterdam and regulated by the following bodies:
- Netherlands Authority for the Financial Markets (AFM)
- Dutch Central Bank (DNB)
- Chamber of Commerce and Industry in Amsterdam.
The platform is accessible on both desktop and mobile, both having user-friendly interfaces.
A range of accounts are available, including the Day Trader account which is the most suited to traders interested in margin trading. Customers can trade in stocks, ETFs, bonds, options, futures, and crypto.
The DeGiro affiliate program is managed in-house and provides affiliate support. Details about the affiliate program aren’t published publicly so you will need to contact the team for details about commissions, tracking, and payouts.
It should also be noted that the platform saw a major increase in new user registration during Q1 of 2020 prompting significant delays in processing new registrations.
As of March 2020, DeGiro moved to a waiting list so you may want to ask during the application process how long it takes for new accounts to be opened because you can be certain that the people you refer will ask you.
… or send any questions you have to affiliates[at]degiro.com
Pepperstone is an Australian broker platform that was founded in 2010. The company is regulated by three top-tier bodies including the UK’s Financial Conduct Authority which provides the equivalent Euro protection to investors of up to £85,000.
Other regulators include the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC)
Pepperstone is mostly suited to Forex trading, as there’s only a limited number of CFDs available and very few cryptocurrencies.
Another reason it’s favored by day traders is the fees are typically low for intraday trading but on the high side for CFD trading, particularly when positions are left open overnight.
For anyone who may be tempted into CFD trading, which is higher risk, the higher fees could be enough to keep them away from it because covering the fees will need a sufficiently higher return.
In terms of trading platforms, investors can choose from MetaTrader (MT) 4 and MT5 as well as cTrader, but the most multilingual support provided is on the MT4 platform.
All are available either on desktop or on iOS or Android devices. The only things that differ between them are alerts and notifications which can only be used on the desktop version.
Additionally, customers have access to some basic charting tools and research tools provided by Autochrist as well as some market news feeds.
The Pepperstone affiliate program pays up to $400 per referral depending on the country a new user registers from. The payouts are tiered and based on several actions being taken by your referral.
Upon signup and ID verfication, tier 1 commissions are paid from $25 to $50. The second tier is from $75 to $150 and is based on your referral depositing $200.
The final commission is $100 to $200 and you’ll qualify once your referral trades 5 FX lots, bringing the total commissions earned to between $200 and $400 per referral.
Commissions are paid out monthly once your earnings reach the $500 minimum payment threshold.
7. Easy Markets
Easy Markets was founded in 2001 and they are considered a top-tier investment platform around the globe. They are suited to both experienced day traders and those completely new to trading.
They do offer a demo account but the real action is for funded customers who get access to both Easy Markets proprietary trading platform or they can use Metatrader 4.
Their own trading platform is more suited to beginners. Experienced traders who want more data can benefit from using MT4.
Easy Markets are regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investment Commission (ASIC).
Customers here have a higher selection of tradeable instruments including:
- Vanilla options
- Crypto currencies
- Currency pairs
Leverage varies by country and the type of trade and mostly ranges from 1:10 to 1:40, with some indices offering 1:50 leverage.
There’s no standard leverage issued as Easy Market considers additional factors such as account trading history so it is likely to start with the lowest level and increase based on successful trade history and customer loyalty.
New traders can also take advantage of the Easy Markets Academy as well as their demo accounts to get their feet wet before trading on a live account.
The Easy Markets affiliate program is manged by Forex-Affiliate.com and pays up to $600 commission on the CPA plans.
Additionally, they have commission structures for Lot Rebate Plans and a 2nd tier affiliate program. Affiliates also benefit from their in-house support team.
8. Responsible Day Trading
Responsible Day Trading was founded by Lindsay Duff, an experienced day trader, but more importantly, she’s someone with a background of developing day trading courses for big companies.
The one thing she saw happening in every company providing training for day traders was they’d sell them a strategy. One that promised riches but rarely delivered.
The Responsible Day Trading program doesn’t teach any strategy other than learning the markets, the fundamentals, and with a high focus on personal development rather than specifically on day trading.
It’s essentially a program that teaches students how to go with the flow of markets and make their own decisions instead of following in another trader’s style.
The one thing that stands out here that there isn’t a trading room.
That’s a huge plus for learners because if the person leading the trading room has an off day, so does every person in there, but it’s always going to be the students who pay the price because they’re funding the trading room and that can lead to silly trades being made. You know, because it’s not all their money.
There is an introductory course provided for free so anyone even slightly interested can try it out and see if it’s for them.
Premium training here costs from $1,500 to $2,500 and it is personalized to students, including the personal setup of DropBox folders and personalized video responses to training assignments as well as access to the training vault that shows a year’s worth of trading by Lindsay with explanations of why she did or didn’t take an entry or exit.
The affiliate program is managed in-house and pays a 10% recurring commission on programs priced from $1,500 to $2,500 and that’s using a 180-day cookie.
Payments are paid monthly once you’ve reached the $250 threshold.
9. Humbled Trader
Humbled Trader started life as a YouTube channel and grew into so much more. The channel is run by a millennial trader, (Shay) of Canada, who has been trading for years, both during her studies in America and now in Canada.
Shay’s education videos and vlogs are free on YouTube.com with the premium training videos and daily stock picks provided to customers who pay for the service.
The premium training covers psychology, mindset and various trading strategies, as well as providing customers with a chat room within the Discord community.
This affiliate program could be suited to millennials who are interested in day trading for the investment potential but not interested in the flashy and gimmicky get rich quick schemes promising riches.
The affiliate program is managed by Refersion, uses a 30-day cookie, and pays a 15% commission on subscriptions to either monthly Stock Picks or subscriptions to the Discord Trading Chat Room where there are advanced trading and training videos and a community of traders.
10. Trend Spider
Trend Spider is a software service for traders to use to perform technical analysis on the financial markets to help them plan their trades.
Given the software is for technical analysis of financial markets, it does help to be a trader as you can become a Certified Partner.
As an affiliate, becoming a Certified Partner is likely to be the most lucrative as you can charge your own training fees, and make commissions on the back-end of your training.
Not only that but being certified in any type of trading program does give you a credibility boost and that should help your conversion rates across any day trading affiliate programs you promote.
The affiliate program is privately run, uses a 365-day tracking cookie, and pays from 10% to 30% recurring commission, however, 30% commission is only for high volume referrals.
The middle tier is 20% commission and that would be suitable to traders who manage their own trading rooms or groups with access to at least 76 active members. The base rate is 10% and the other tiers are invite-only.
Scanz was formerly known as Equityfeed and it’s a stock market scanner that can be used by both day traders and swing traders.
The Pro Scanner service provides real-time market signals from 4 am to 8 pm EST. Users can set up and save as many custom scans as they want to monitor in the market. For newer day traders, there’s also some pre-configured scans available.
For day trading at any level, beginner or experienced, traders will need tools for the job and a market scanner will be needed eventually.
The only traders who don’t use one will be those subscribed to a stock picker service, such as the one provided through subscription to HumbledTrader.com.
Even at that though, they’d likely want to use even a basic scanner to verify the trade fits within their trading strategy.
The Scanz platform is managed by FirstPromoter.com and they pay 50% non-recurring commission and use a 30-day cookie. Payments are paid out bi-weekly on the 1st and 15th of the month.
12. Top Step Trader
Top Step Trader is one of those rare finds your audience will thank you for introducing them to because they provide the funding for traders to prove they’re strategy is a winning one.
Why risk 100% of your own capital, when you can trade with a $50,000 starting balance for $165 monthly?
The downside is customers don’t keep the profits. Customers get to keep the first $5,000 and then 80% revenue share on future profits.
The Affiliate program for Top Step Traders uses a 90-day tracking cookie, and pays a recurring commission, although they don’t say how much that is. On the plus side, what you earn is paid monthly without having to meet a minimum threshold.
For those with a Forex specific trading site, you can use the TopStepFX.com affiliate program to increase your conversion rates.