Binomo Affiliate Program: Earn Commissions Up To 80%
The Binomo affiliate program (powered by Affiliate Top) claims to be among the most profitable affiliate programs in the market, with its bonuses, frequent contests, and high commission rates. According to its official website, you can earn up to 80% in revenue share, 6.5% in turnover share, and $80 in cost-per-action. The rates are above average in the trading industry, which is why the program seems to be attractive to try as anyone, from beginners to marketers, can join for free. However, Binomo has weak regulations and you can’t rely on a smooth transaction during payouts.
The platform, Affiliate Top, is a comprehensive platform with lots of features, but is the broker worth promoting for? Is the affiliate program trustworthy, and can you rely on it for consistent earnings? Should you choose it over other affiliate programs from Olymptrade or IQ Option?
This review takes a detailed look at the Binomo affiliate program, where we cover its key features, commission structure, payment methods, and tools so you can deliberately decide to either sign up with the program or not.
How does the Binomo Affiliate Program Work?
The Binomo affiliate program offers 3 commission plans — revenue share, turnover share, and cost-per-action (CPA). The program can also be hybrid, where you can still earn from other types of plans in addition to the plan you choose when you signed up. This versatile commission structure is designed to suit different marketing strategies, allowing you to gain more profits.
Here’s a closer look at how the program functions:
- Revenue Share: Affiliates earn a percentage of the revenue generated by the traders they refer. This offers ongoing earnings as long as the referred users continue to generate revenue for the platform.
- Cost-Per-Action (CPA): Affiliates earn based on set actions rather than trading volume. Earnings are more predictable since it’s based on the number of actions.
- Turnover Share: Affiliates earn a percentage of the total trading volume generated by the traders they refer. This means the more the referred traders trade, the higher the affiliate’s earnings, regardless of the traders’ profits or losses.
How to Earn Commissions?
So you can earn commissions, choose your plan (revenue share, turnover share, CPA) based on your engagement with your audience (the traders). To qualify for commission payouts, affiliates must recruit 5 traders, make 5 first-time-deposits (FTDs), and earn $10 or more.
Additionally, the program supports lifetime commissions on revenue share, meaning affiliates earn every time a referred trader is active on the platform.
Binomo Affiliate Program Facts and Figures
The following table provides a quick overview of the main features of the Binomo affiliate program, covering commission structure, payment methods, and available support tools:
Features | Description |
|---|---|
Payout Models | Revenue share, Turnover share, CPA (Cost Per Acquisition) |
Commission Rate | Up to 80% for revenue share, up to 6.5% for turnover share, CPA rate vary by country |
Affiliate Levels | (FTD count), higher levels offer increased commission potential |
Payout Terms | Minimum 5 FTD requirements, 5 recruited traders, and $10 or more earnings |
Payout Frequency | Every Thursday |
Payout Methods | Bitcoin, Advcash, Dana, and other e-payment systems |
Promotional Materials | Banners, landing pages, affiliate links, and apps |
Support | Personal affiliate managers, detailed statistics dashboard, 24/7 support, and exclusive promo materials, Telegram bot |
Sub-Affiliate Program | No |
Binomo Affiliate Program Commission Structure
Binomo affiliate program is among the most attractive commission structure in the market with its versatile plan offerings, up to 80% in revenue share, lifetime commissions on revenue share, and weekly payouts. The commission plans are revenue share, turnover share, and CPA, all have different commission rates based on your affiliate level (turnover share, revenue share) and your location (CPA).
Below is an overview of how affiliates can earn based on these models:
Affiliate Level | Required FTD (Revenue share) | Revenue Share Rate | Required FTD (Turnover share) | Turnover Share Rate |
|---|---|---|---|---|
1 | 0 | 30% | 0 | 2.5% |
2 | 5 | 50% | 21 | 3.25% |
3 | 26 | 55% | 51 | 3.5% |
4 | 51 | 60% | 151 | 4% |
5 | 151 | 70% | 301 | 4.5% |
6 | 301 | 80% | 601 | 5% |
7 | 1,001 | 5.75% | ||
8 | 1,501+ | 6.5% |
CPA rate varies in different countries and it ranges around $25 - $80. Below is a summary of the CPA rates by country:
- South Africa - $40
- Argentina - $25
- Colombia - $45
- Bangladesh - $40
- Egypt - $45
- Saudi Arabia - $70
- Indonesia - $80
- Peru - $45
- Uzbekistan - $40
- Kenya - $25
- Ecuador - $45
- Turkey - $70
- Pakistan - $45
- Ukraine - $20
- Cameroon - $25
- Venezuela - $45
- India - $40
- Ghana - $25
- Chile - $45
- Mexico - $45
- Kazakhstan - $40
- Nigeria - $25
What are the Withdrawal Methods for Binomo Affiliates?
Binomo offers affiliates several withdrawal options, including traditional banking, cryptocurrencies, and e-wallets. The available withdrawal methods are:
- E-Wallets: Dana, Ovo, ShoppeePay, LinkAja, GoPay, Papara, Neteller, Skrill, Webmoney, Yoomoney, GoPay.
- Bank Transfers: India IMPS Bank transfer, Brazil Bank transfer, Pix.
- Cryptos: Bitcoin, Litecoin, USDT (ERC20), USDT (TRC20).
- Advcash EUR, USD, & UAH.
Overall, e-wallets and cryptocurrencies are quicker to process, while traditional methods like bank transfers may take longer.
Does Binomo Pay its Affiliates?
Yes, Binomo pays its affiliates around $9 million per month, featuring weekly payouts and quick payouts on cryptos and e-wallets. Due to its bonuses, contest rewards, and commission structure, you can earn a lot of money if you perform well.
However, partnering with the program comes with great risk because Binomo is not well-regulated and their customer service is poor. Regulatory bodies, like the Financial Conduct Authority (FCA), caution the public of using Binomo due to potential scams and lack of regulatory protection if something goes wrong. So in case you encounter payment disputes or delays during payouts, it can take days before you get a response, and sometimes, you might not get a response at all. You can’t ask for help from any regulatory authorities as well, so even though the payout disputes are rare, you can’t guarantee that Binomo will pay you.
Affiliate Program Tools and Features
Binomo affiliate program’s unique tools and features include creative promo materials, statistics for tracking performance, and regular contests. Tools and features provided by the Binomo affiliate program are solid and cater to the needs of different types of affiliates.
Statistics
The platform offers detailed statistics which provide insights into referral performance and earnings. The dashboard updates every 2 minutes, so you can make quick adjustments to their strategies based on the latest data. Statistics includes:
- General affiliate report provides an overview of affiliate performance metrics of your turnover share and revenue share plans.
- Common stats shows performance metrics of all your plans by platform or for a specific time frame/campaign.
- Trader stats
- Referrals
- Graphs
- Registrations
Promo Materials
Binomo affiliate program generates pre-made promo materials with sales funnels, tracking links, HTML code, and QR code. The promo materials include banners, landing pages, and app links with lots of templates and styles that you can customize, so you don’t have to start promoting Binomo from scratch.
Regular Promotions and Contests
Binomo frequently runs promotions and contests that affiliates can leverage to increase their commissions. These events often include bonuses and incentives that can help affiliates generate higher engagement and attract more traders to the platform.
Postback URL
Binomo affiliate program has a postback URL for affiliates who work with multiple traffic sources or manage several campaigns simultaneously. It offers sub-accounts and campaign tracking, allowing you to organize and track performance across different channels. This segmentation makes it easier to identify which traffic sources yield the best results, allowing for more targeted strategy adjustments.
Allowed Promotional Methods, and Restrictions
Binomo's enforcement of their allowed and restricted promotional methods stated on the Affiliate Agreement is inconsistent. Binomo’s lack of commitment to enforce their restrictions encourages misleading and unethical marketing practices. This can be risky for you as an affiliate as you’ll lose credibility if your audience sees you promoting a bad broker.
Allowed Promotional Methods
Binomo allows affiliates to promote its services across several approved channels including:
- Social Media Marketing by sharing content on Facebook, Instagram, and Twitter.
- Banners and Display Ads provided by Binomo on websites and blogs to drive traffic.
- Email Marketing, as long as you comply with anti-spam laws and provide accurate information.
- Landing Pages and Sales Funnels: Binomo has pre-approved landing pages and sales funnels to support affiliates in attracting new traders.
Restricted Promotional Methods
To maintain compliance, Binomo enforces certain restrictions on affiliate activities, like:
- No deceptive marketing, so avoid guaranteed profits or displaying exaggerated promises.
- Avoid prohibited content that involves violence, politics, or any taboo topics.
- Binomo encourages users to only use pre-approved promotional materials from the Affiliate Top website in promoting their services.
- Don’t advertise Binomo on unauthorized channels or restricted countries.
- No Self-Referrals, so you are not allowed to register using your own affiliate links to generate commissions.
How to Become a Binomo Affiliate?
You can join the Binomo affiliate program by creating an account with Affiliate Top. Here’s a step-by-step guide:
- Click on this link to visit Affiliate Top sign up page.
- Enter your email address and password.
- Binomo will send a confirmation email to verify your account.
- Check your inbox and click verify.
- Enter your contact number, traffic sources, and number of audience.
Conclusion
Binomo affiliate program can be a worthwhile option, especially for experienced affiliates, because its features and capabilities allows you to come up with creative ways of maximizing your profits. However, Binomo has a weak regulatory framework and their customer service is poor at responding to payout disputes or delays. Its relaxed enforcement of promotional guidelines allow unethical practices, potentially impacting the program's credibility and the affiliate’s reputation, similarly to the Quotex affiliate program.
For those seeking more stable affiliate programs, you can try Olymp Trade or IQ Option as they are more reputable and well-regulated. Although Olymp Trade and IQ Option may not have up to 80% revenue share like Binomo, their commission structures are still industry standards and more reliable. Their affiliates generally report fewer issues with payment and have a more transparent relationship with them overall.
Risk Warning & Legal Disclaimer:
The content on this website is for informational purposes only and does not constitute financial, legal, or investment advice. We do not provide personal recommendations and are not responsible for any losses resulting from your trading activity. Online trading involves significant risk — especially fixed time trades and CFDs, which are complex instruments and carry a high risk of losing money rapidly due to leverage. Always ensure you understand how these products work and whether you can afford to take the high risk of losing your money. Users are solely responsible for complying with their local laws and regulations.
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