Best Paying Prop Trading Affiliate Program: Top Firms Compared 2024

Mobile technology and smartphones are behind many of the changes we see in Finance nowadays. Stock and forex trading—as well as crypto trading—are now more widespread than ever. But making a profit as a trader is still far from being easy. There is a long path of continuous learning before becoming profitable and many traders typically blow their accounts before reaching that point.

Proprietary trading comes as a solution to that problem, where prop firms are interested in attracting and retaining potential traders into their trading community. These firms have people go through their evaluation process to find those who show potential and enough trading knowledge to become their funded traders. When these candidates are approved to join the partnership, they’re provided with the best educational resources, risk management tools, and the most advanced trading platforms available. As soon as they’re ready to negotiate in live markets, the firm gives them its own money so they can leverage the trader’s talent to reach higher returns. The firm keeps a share of the profits in exchange.

Proprietary trading can be very profitable for both the proprietary trading firm and the funded trader. And this scenario is perfect for anyone looking to make money by connecting these two parties.

Going Into Prop Trading Affiliate Programs

The best prop trading firms in 2024 are investing heavily to attract new talents and a lot of this investment is going to affiliate marketing.

Affiliates earn commissions by referring traders to prop platforms via digital marketing strategies, such as content creation and paid media. It is estimated that worldwide spending in the affiliate marketing industry reached over $14 billion in 2023 and there is no indication that these numbers are going down.

Becoming an affiliate can provide a reliable source of income, especially when you a program with transparent commission structures and high monetary rewards.

Top 5 Best Prop Trading Affiliate Programs

The best way to start your affiliate journey is to make sure you’re joining a reputable firm that offers the experience that best aligns with your values and goals. This is how you improve your chances of a bright future in affiliate marketing.

I researched online to discover the best prop trading affiliate programs today so you don’t have to. You will find below an overview of these programs to assess which one is a better fit for you.

1. SabioTrade

SabioTrade is one of the most reliable proprietary trading firms in the world today, offering funded accounts up to $650K and focused on forex trading strategies, futures, commodities, and cryptocurrency. Not only does it offer a wide range of financial instruments, but it also provides an industry-unique prop trading infrastructure (called Sabioverse) that make it easier to convert people into customers. SabioTrade allows funded traders to keep 80% to 90% of their profits—something you don’t see in every firm. SabioTrade’s affiliate program includes:

• Commission Rates: Affiliates earn money when customers join the platform via their referral links. The firm offers $100 per first-time depositor or a 35% revenue share for each purchase on the platform.
• Payment Structure: SabioTrade’s payment structure allows you to enjoy the flexibility of choosing between a one-time commission per first-time depositor or ongoing payouts via the revenue share model.
• Qualification Requirements for Affiliates: Affiliates are expected to generate genuine leads and organic traffic to the platform. This can be done by producing content that provides valuable insights to your audience, such as articles or blog posts showing how to become a successful funded trader. This type of content is a good example of a relevant topic that allows you to paste your referral links within the content to attract people who are genuinely thinking about getting funded by a prop firm.
• Referral Tracking and Reporting Tools: SabioTrade’s program offers dashboards and tools to monitor your ad campaigns with precise statistics in real-time. This allows you to select the best-performing creatives and target audience, and drop channels or ads that aren’t converting well.
• Marketing Materials and Support: SabioTrader’s website recently changed. The firm now offers a modern design optimized for mobile and desktop. Its affiliate program also comes with landing pages and promos built to drive conversions even higher. More conversions equals more commissions.

2. FTMO

FTMO is a very well-established prop firm that has been around since 2015. It made its reputation by enabling traders to master their skills on a simulated platform before going to live markets. Its affiliate program offers:

• Commission Rates: FTMO’s commission rates usually range from 8% to 20% of the referral’s first paid FTMO Challenge price, according to your affiliate level.
• Payment Structure: You receive a unique commission for each new trader who joins the platform via your affiliate link.
• Qualification Requirements for Affiliates: FTMO’s affiliate program is open to individuals and businesses interested in promoting their services. They also expect affiliates to generate organic and genuine leads to the platform via their referral links.
• Referral Tracking and Reporting Tools: They offer a dedicated affiliate dashboard to maintain a track record of each click, visit, payout, and people who signed up through your link. This helps to effortlessly and easily analyze ad performance and target audience.
• Marketing Materials and Support: FTMO’s program offers dedicated support to its affiliates, available 24/7 through LiveChat and email. They also provide unique URL links, referral codes, banners, and other materials to drive conversions.

3. The 5%ers

This is yet another reputable prop firm with over 8 years of experience in this market. They’ve developed an affiliate program that you can join to help you diversify your income streams. Their program can include the following:

• Commission Rates: Up to 10% for each referral that registers to the platform and joins their trading program.
• Payout Structure: You can request access to your earned commission withdrawals once your total rewards exceed $150 and you have at least 3 successful referrals.
• Qualification Requirements for Affiliates: Overall, the program is open to anyone who is interested in promoting the firm’s products. However, there is an extensive list of Terms and Conditions on their website that you should be aware of, including fair practices, terms and terminations, Google Ads restrictions, among others.
• Referral Tracking and Reporting Tools: The 5%ers’s affiliate program offers advanced dashboards to keep track of your referrals and rewards.
• Marketing Materials and Support: To ensure success as an affiliate partner, the firm also provides kits that include banners, logos, and social media posts.  They also offer 24/7 support for affiliates.

4. HY Affiliates

This is the official affiliate program for HYCM, one of the world’s biggest players when it comes to proprietary trading. They proud themselves in having unparalleled commissions and offer the following features:

• Commission Rates: Flexibility that allows affiliates to choose from various commission plans, including up to $1,000 CPA, up to 20% revenue share, and Lot Rebate models.
• Payout Structure: They offer diverse payment schedules depending on the commission plan you choose. You can either earn one-time payments per each new referral or ongoing income from the activities of your referrals inside the platform.
• Qualification Requirements for Affiliates: The program is open to anyone who’s interested in promoting HYCM’s services. But affiliates are expected to generate high-quality leads, of course.
• Referral Tracking and Reporting Tools: They provide performance reports with real-time data and statistics on the trading activity of your referrals within the platform.
• Marketing Materials and Support: To maximize your traffic, they offer cross-platform marketing tools, optimized for both web and mobile devices to drive traffic from all channels. Their program is also known for providing an affiliate manager who offers one-on-one coaching and advice on how to improve performance.

5. Vantage Partners

Vantage Partners is the official affiliate program offered by Vantage, a global multi-asset broker that has been operating since 2009. Vantage Partners’ main features are:

• Commission Rates: Up to $1,200 CPA per referral.
• Payout Structure: Their program mainly focuses on CPA as a payout option. The CPA value may also vary depending on the client’s country and their trading activity.
• Qualification Requirements for Affiliates: The program is open especially for people who already have an audience—such as website owners, social media influencers, and YouTubers—and are also interested in promoting Vantage.
• Referral Tracking and Reporting Tools: Vantage announces with a lot of pride that they offer transparent performance analytics to help you assess performance and keep track of your referrals and earnings.
• Marketing Materials and Support: Vantage also offers marketing materials in multiple languages, allowing you to reach a broader audience worldwide. They also have an easy-to-launch program with constant support.

Why should I become a partner of a prop trading firm?

After learning more about the affiliate programs offered by various firms, you may still be wondering: is it worth it?

There are several success stories of people who earn a very good income every month by promoting products and services as affiliates online. Michael Bamber creates content on YouTube about trading in the Forex market, showing his decision-making process and executing them in live markets. Michael can easily use his YouTube channel to demonstrate his knowledge and experience in trading, gaining authority among his followers and directing them to several platforms he promotes in the descriptions of every video he posts.

Although Michael has not publicly disclosed how much money he earns as an affiliate, it’s easy to assume that a significant portion of his income comes from his affiliate links. With more than 100,000 subscribers on YouTube, his strategy is extremely effective for generating reliable income as an affiliate.

A Guide to Finding the Best Prop Trading Firms and How to Become Their Affiliate

Finding reliable firms is the first step to success as an affiliate. Reviews about trading fees, customer support, payout reliability, and educational content can help you assess how good a firm is that you are interested in partnering with.

After conducting your own due diligence and finding a reliable firm, fill out the application form and submit it for review. Typically, these forms ask for details such as name, age, location, and links to your profiles on various social networks. Some firms will also require you to undergo an identity verification at this stage to confirm you are who you say you are.

Good affiliate programs will provide you with access to an intuitive and user-friendly dashboard. Use this dashboard to track affiliate links and evaluate performance. Working with firms that have a set of marketing materials, such as banners, landing pages, and ad creatives, is usually easier.

Find High-Quality Traders and Maximize Your Rewards

Finding high-quality leads is all about smart strategies and high-quality content. Post content about cryptocurrency trading opportunities or make tutorial videos about managing trading risks. A good understanding of your audience and providing solutions to their problems is an effective strategy for building trust.

Start small but don’t be afraid to go big. You can start writing content and posting it to a blog, but if you see you’re gaining momentum, don’t hesitate to expand to other channels to promote your partners, this will help you reach a wider audience and multiply your sources of traffic.

Learn about relevant skills in digital marketing like pay-per-click, and try different ad creatives and target different types of people to find the most optimal ads for the right audience. Don’t sleep on ad optimization, as that can drive conversion to new heights.

Conclusion

If you want to build a profitable career as an affiliate and keep a good relationship with your audience, then you must first start by selecting the right prop firm. A reputable one.

Finding the best affiliate program can be tricky, but the best ones often share some similarities: competitive commissions, transparent payout system, high-quality marketing material, and strong support systems.

A well-matched partnership can definitely drive higher conversions. Choose your partner wisely, be honest with your public, and follow the guidelines. By doing that, you’re on the right track to a successful venture.

Frequently Asked Questions

1. What is prop trading? Prop trading is based on finding and funding skilled traders to trade with the firm’s money. These traders are able to leverage position sizing by using the firm’s resources and profits are shared between the firm and the trader.

2. What is a prop trading affiliate program? Prop trading affiliate programs are marketing programs where affiliates earn commissions by referring traders to prop trading platforms. Affiliates attract leads by using marketing strategies and earn a share of profits based on referrals.

3. How do affiliates earn money from prop trading affiliate programs? Affiliates earn money by promoting prop trading firms using referral links. They can either make money on a one-time commission or get ongoing income from their referrals trading activities.

4. Which are the best prop trading affiliate programs? In 2024, the best prop trading affiliate programs are:

• SabioTrade: $100 per first-time depositor or 35% revenue share.
• FTMO: 8% to 20% commission per referral.
• The 5%ers: Up to 10% commission per referral.
• HY Affiliates: Up to $1,000 CPA or 20% revenue share.
• Vantage Partners: Up to $1,200 per referral.

5. What should I consider when choosing a prop trading affiliate program? Consider commission rates, payment structure, reputation, and marketing support. Look for firms with competitive commissions, transparent payouts, and reliable tools for tracking performance.

6. How can I succeed as an affiliate marketer for prop trading firms? Focus on creating high-quality content that provides value to your audience. Use blogs, social media, YouTube, and other marketing channels to increase conversions. Build trust, understand your audience, and learn how to optimize ads.

7. Is it worth becoming an affiliate for a prop trading firm? Yes, becoming an affiliate for a prop trading firm can be extremely profitable. Many people are able to generate significant income by promoting prop trading platforms. Success comes through partnering with reliable firms, creating valuable content, and implementing effective marketing strategies.