CloseOption Referral Program Review

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CloseOption offers two plans — “The regular commission plan” and “The revenue share plan”. Under these plans, partners can earn between $1-2 for every $100 traded by their referees.

This article provides an in-depth review of the CloseOption Affiliate Program, detailing its features, advantages, and payment methods. It serves as a comprehensive guide for those interested in partnering with CloseOption, offering insights into the program's commission structure and the process of referring friends.

  • What is the minimum withdrawal amount from the referral program?

    The minimum withdrawal amount is $1 for cryptocurrencies, Perfect Money and WebMoney, $20 for credit cards, and $500 for bank transfers.

  • Do I need to track referrals manually?

    No, CloseOption's automated tracking system associates all trading activity and deposits by your referrals to your affiliate ID. You don't need to track referrals manually.

  • How do I integrate the referral link into my website or blog?

    You can add a text or banner link. Alternatively, use iframe integration to embed the referral widget. Complete code snippets are provided on the affiliate dashboard for easy copy-paste.

  • Is the affiliate program available globally?

    Yes, the CloseOption affiliate program can be joined by residents worldwide, subject to local regulations. However, the broker only serves traders from approved international markets.

How does CloseOption affiliate program work

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Your capital is at risk.

The CloseOption is one of the best binary options platforms, offering several earning options.The CloseOption Affiliate Program is designed to reward clients for directing traders to register on the CloseOption platform using their referral link. The broker offers two distinct plans: “The Regular Commission Plan” and “The Revenue Share Plan.” Under these plans, partners can earn between $1-2 for every $100 traded by their referees. This structure ensures that affiliates benefit directly from the trading activity of those they refer, creating a win-win situation for both the referrer and the broker.

Advantages of trading with CloseOption

Many people ask: Is binary trading legit? Yes, it is. Here are the advantages of trading binary with CloseOption:

  • Regulatory oversight. Traders wonder and ask: Is binary options trading safe? CloseOption operates under the guidance and supervision of a renowned financial regulator. This oversight adds a layer of security for traders and establishes the platform's credibility and trustworthiness in the trading community.

  • Affordable entry point. One of the standout features of CloseOption is its minimal first deposit requirement. With just $5, individuals can start their trading journey, making the platform accessible to a wide range of traders, from novices to seasoned professionals.

  • Rewarding payment structure. CloseOption adopts a dynamic payment system where the size of payments escalates in tandem with trading volumes. This structure ensures that as traders increase their trading activity, their potential rewards also increase proportionally.

  • Incentives for virtual trading. CloseOption offers monetary prizes for trading activities conducted using virtual funds to encourage practice and skill development. This initiative motivates traders to hone their strategies and provides an opportunity to earn while learning.

  • Round-the-clock support. ORecognizing the importance of timely assistance, CloseOption offers 24/7 technical support. Whether it's a query, concern, or technical glitch, traders have multiple communication channels, ensuring they receive prompt and efficient help whenever needed.

How do you get paid in CloseOption?

CloseOption affiliates earn commissions from the trading activity of their referred traders. They can choose between two commission plans: “The Regular Commission Plan” and “The Revenue Share Plan,” earning $1-2 for every $100 traded by their referrals.

CloseOption offers its affiliates two commission plans based on the trading activities of the traders they refer to the platform. These plans are the Regular Commission Plan and the Revenue Share Plan. Affiliates can choose a plan that best fits their business model and objectives. Both plans are structured to provide commissions based on the trading volume of their referrals. This setup ensures that affiliates receive compensation correlated to the activity level of the traders they introduce, allowing for a predictable revenue model based on trading volumes. If you want to know about other ways how to make money on CloseOption, read the Traders Union article.

CloseOption affiliate commission can be paid by

CloseOption allows affiliates to withdraw commissions using various methods:

Withdrawals are processed only to the affiliate's account, not third-party accounts. The process involves navigating to the dashboard, selecting "Withdrawal," choosing a payment method, entering the amount, and confirming. Transactions typically complete in 1 to 3 business days.

Few steps to refer a friend

CloseOption allows affiliates to withdraw commissions using various methods:

  • 1

    Account creation. Begin by registering on the CloseOption platform. This step involves providing the necessary details and completing the sign-up process.

  • 2

    Access referral link. Once registered, navigate to your dashboard. Here, you'll find a unique referral link assigned to your account. This link is essential as it tracks the users you refer.

  • 3

    Promotion and sharing. There are several effective strategies affiliates can use to maximize their earnings from the CloseOption referral program:
    • Promote on social media: Actively market the referral link on social platforms like Facebook, Twitter, LinkedIn, etc. Create engaging posts that educate people about the platform and benefits of trading. Consider running advertisements.
    • Leverage blogs/websites: If you have your own blog or website, include recommendations and reviews of CloseOption. Consistently share your referral link in relevant articles. Drive traffic through SEO optimization.
    • Build an email list: Ask visitors to your website or social followers to join an email list to receive updates. Send periodic emails with your referral link and trading tips. Nurture the list with helpful content.
    • Try different platforms: Don't limit promotion to one channel. Experiment posting on forums, Telegram/Discord groups, YouTube videos, podcasts etc. Diversify for maximum exposure.
    • Track conversions: Use tracking parameters or a separate link for each campaign to identify what's working best. Prioritize top performing strategies and allocate more efforts there.
    • Provide additional value: Share strategy guides, signals, templates, one-on-one mentorship etc. This establishes you as a knowledgeable resource and incentivizes sign-ups.

Team that worked on the article

Alamin Morshed
Contributor

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).