In this Plus500 Affiliate Review, that is, the official affiliate program of Plus500 also referred to as +500Affiliates, I will give you reasons why you should JOIN as an affiliate; the possibility of earning high payouts is one of them.
First Off, Here is a Short Introduction to Plus500.
Plus500 is a reliable and one of the largest leading online CFD trading Platforms – a professional yet simple and easily navigable platform and a top-rated CFD trading App that allows you to trade on the go – suitable for experienced traders only.
Though Plus500 is a very user-friendly platform, CFDs are “complex financial products,” thus the platform is not ideal for beginners/inexperienced traders.
Next, let´s have a look at what CFDs are.
What are CFDs or contracts for difference?
Plus500 offers trading in CFDs only. CFDs are contracts for difference, and this is when YOU, as a trader, are able to select from a large selection of financial instruments and trades (either buy or sell) in real market conditions, without the necessity of actually owning that particular instrument in your account.
CFD trading is recommended for experienced or qualified traders. If you are a beginner, it is advisable to enroll in a trading course first – I can recommend the professional training at Learn To Trade The Market, which is where I have learned how to trade Forex through Nial Fuller´s course and guidance.
The Plus500 platform has a free, unlimited demo version where you can start practicing. Make sure to register and log into demo mode where there are no risks involved.
Watch the below video to learn more about CFDs.
Risk Warning: “80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.”
What is Plus500?
|Plus500||Worlds Trading Machine|
|Subsidiaries||UK, Cyprus, Australia|
|Affiliate Program||+500Affiliates or Plus500 Affiliates|
|Platforms||iPhone App, IPad App, Android Mobile App, Android Tablet App|
|CFD Trade Markets||Forex, major Cryptocurrencies, Stocks, Commodities, Options, and Indices|
|Users||In more than 60 countries in 32 different languages|
Why Should You Join Plus500 Affiliate?
Now that you know who is Plus500 and how CFDs work, let’s see what are the benefits if you join and start promoting Plus500 as an affiliate marketer.
Earn up to an 800 USD fee for a trader: The No.1 reason to join +500Affiliates is that they have one of the most competitive compensation (CPA) payment plans on the market. The maximum payable amount is 800 USD and a minimum of 200 USD per trader who joins and deposits any amount of money. You have to be 18 years of age or over to be able to join and start trading.
Refer an Affiliate and earn profits: Besides directing potential or qualified traders to the Company you also have the possibility to refer an Affiliate Marketer and you will receive 10% of the affiliate´s monthly commissions, or the % stated in the Affiliate Agreement at any time.
Excellent Marketing Material: A wide variety of banners, text links, widgets, and articles are provided to promote Plus500 on your website.
Reliability: You can promote Plus500 on your website and it has to be approved by the Plus500 helpful team. This is Plus500’s commitment to the NO SCAM policy. Each site is checked for compliance before you are given the go-ahead to promote the Company as an affiliate.
Access Reports and Track Your Performance: As an affiliate, you get access to the affiliate section in the +500Affiliate program where you can view updated statistics and information on your earnings, tracking of your referred traders’ activities, and other relevant information.
How do I join the Plus500 Affiliate Program?
Joining the Plus500 Affiliate Program is easy but it requires a bit more work than just filling in a participation form before you get approved.
The entire joining process is done online.
You can join as a private person or as a company. The initial form to sign up is as easy as filling in your contact details and choosing a password. It is important to read their Affiliate Agreement in its entirety.
The company will then provide you with login details. Follow the Marketing Rules clearly explained in the Plus500 Affiliate Account after logging in.
Choose and insert any of the marketing tools available within your content (it may be a banner, widget, or article), add the notification stating there is a high risk involved with CFDs trading as per the Company requirements, and submit your website to the Company for review and approval.
Once you get approved you may start promoting and referring traffic to Plus500.
500Affiliates has a community of over 100000 Affiliates. This is Europe´s largest financial affiliate program.
Plus500 Affiliate Pros & Cons
PROS of Plus500 Affiliate
PLus500 Affiliate is regarded as one of the most competitive and profitable financial affiliate programs online. CPA (cost per acquisition) payout is up to 800 USD per trader.
Plus500 is listed on the main market of the London Stock Exchange
In 2015, 2016 & 2018, 500Affiliates was the winner of the ¨Best Financial Affiliate Program¨. A comprehensive site is dedicated to affiliates.
Plus500 is the main sponsor of the football club Atletico de Madrid 2017-18 Europa League Champions.
Free membership for Affiliates.
A Professional supportive team is very willing to guide you and help you 24/7, and in multiple languages, via email or chat. Now also via WhatsApp and it is a fast service. I have already checked it out.
Affiliate fees are paid on a monthly basis (the minimum threshold of your commission fees is USD150). Payments are made via wire transfer or Skrill.
Referral links are responsive to the device being used and in the local trader´s currency and language. You may access up to 10000 banners.
No commissions are charged to the trader.
In compliance with applicable laws; CySEC Rules, FCA Rules, ASIC Rules, IL Rules, and MiFID II
CONS of Plus500 Affiliate
No telephone support is available.
Plus500 is not available to users in the US, Canada, and some other countries.
Promotion on Social media, social networks, email marketing, and search engines is not permitted. You can only promote Plus500 on your website prior to approval.
Links break every now and again, so you have to contact support so they can fix them for you.
The payment threshold is high.
Some users claim to receive a late response from the support team.