Are you ready to maximize your affiliate earnings potential? Deriv offers two major affiliate programs – the Revenue Share Affiliate Program and the Turnover Affiliate Program. While both programs allow you to earn by referring clients to trade binary options on Deriv’s platform, each has its unique commission structure.
In our previous post, we delved into the commission plan for Deriv’s Revenue Share Affiliate Program and how to enroll. In this post, we’ll explore the commission structure of the Turnover Affiliate Program and guide you through the enrollment process.
Deriv’s Turnover Commissions
1. Options
Here you earn based on each contract’s payout probability.
Here is a table showing the commission structure;
2. Multipliers:
Here, you can earn a competitive 40% commission on the trading activity generated by your referred clients.
3. Lookbacks
Here, you earn 0.8% on the stake of each lookback trade on SmartTrader.
How Deriv Turnover Affiliate Program Commission is Calculated
Let’s break down the commission calculation across different trading scenarios:
Calculating Commission For Options Trading
Here, commission is calculated based on the stake and payout probability.
Example
-
Client trades with a stake of USD 10 and a payout of USD 15.
-
Payout probability = 10/15 x 100 = 66.67%
Based on the chart, the probability of return falls under 0.5% commission
Calculation is as follows:
Total commission earned: 10 x 0.5% = USD 0.05
Calculating Commissions for Trading Multipliers
Here, you can earn 40% of the commission generated from your clients’ trades.
Example
-
Client trades multipliers with a stake of USD 100. The commission generated from the client’s trade is USD 0.60.
Calculation is as follows:
Total commission earned: USD 0.60 * 40% = USD 0.24
Calculating Lookback commission
Example
-
Client trades with a stake of USD 10.
Calculation is as follows:
Total commission earned: USD 10 * 0.8% = USD 0.08
Can You Have Both a Revenue Share Account and Turnover Account?
Yes! You can manage two affiliate accounts in the Affiliate dashboard, provided they have different commission plans and use distinct usernames. However, duplicate accounts with the same plan will be closed.
Benefits of Joining Turnover Affiliate Program
By joining Deriv’s Turnover Affiliate Program, you unlock a lot of benefits:
- Multiple income opportunities through their partnership programs.
- Access to diverse marketing tools to promote their products and services effectively.
- Multilingual platforms ensure you can reach clients globally.
- Prompt monthly payouts via their preferred payment method.
- Transparent earnings with no hidden fees.
- Dedicated account manager support to assist you every step of the way.
Who Can Sign Up for Deriv Turnover Affiliate Program?
Deriv welcome various individuals to apply for their Affiliate and IB programs:
- Trading Experts
- Software Developers
- Community Managers
- Webmasters
- Signal Providers
- Trading Mentors
- Social Media Administrators
- Bloggers/Vloggers
How to Sign Up Deriv Turnover Affiliate Program?
Signing up is easy. Just head to the Affiliate partnership and IB program page on Deriv’s website and click on the “Sign up as our affiliate and IB” button, select “Turnover” while filling out the application form, and then submit your application. Deriv will contact you with an approval message.
Disclaimer
Please note that this plan is not available for affiliates promoting to clients residing in the EU. However, affiliates residing in the EU can still sign up for the Turnover plan, with the condition that only clients residing outside of the EU can be referred under this plan.
Hello and welcome to my blog.
I am a financial trading analyst and also a content creator. I created this blog website to provide you with step-by-step tutorials on how to make money trading synthetic indices on Deriv. Consider using the site’s search bar to search for any guides on how to use Deriv’s platform.
To reach me, please use the contact form or connect with me on the social media platform that I have linked below.