8 Best Trading Affiliate Programs In India

Last Updated on December 10, 2024 – by monetizedeal

Searching for 2024’s top Trading Affiliate Program? If so, you’ve arrived at the ideal location. Numerous affiliate programs are available for stock trading, including the Groww Affiliate Program, Sharekhan Trade Tiger Affiliate Program, Angel Broking Affiliate Program, Upstox Affiliate Program, and others. You can consider stock market affiliate program as demat account affiliate program because as an affiliate you will majorly deal with Demat accounts for commission.

Choosing to work as an affiliate marketer for any of these online trading platforms will enable you to generate extra money.

Is Trading a Good Niche for Affiliate Marketing? 

• A majority of stock exchange trading takes place online.
• Online trading Affiliate programs are a great way to earn high profits
• You can help others make an informed financial decision

How Trading Affiliate Programs Work?

Make a website or social media account first so you can advertise the affiliate program there. Next, decide which broker affiliate program you want to participate in.

Lastly, register with them and access your account. Copy your affiliate link and post it on your website and social media platforms like YouTube, Instagram, and so on.

You will make money when someone uses your affiliate link to become an online trader. This is going to be your commission.

3 Main Commission Structures in Online Trading Affiliate Programs

• CPL, or cost per lead – When someone signs up using your link, you will get paid.
• CPA, or cost per acquisition- It indicates that you will only get paid if someone signs up using your link and meets the requirements for eligibility. For instance, a client makes a minimal deposit.
• Revenue sharing – Earn a percentage of brokers’ profits from those who have signed up through you. This will be for a specific period.

What To Look For In Trading Affiliate Programs?

To decide which Trading Affiliate Program suits you the best, it is important to take a look at-

• Pricing: Select a strategy that optimizes your earnings while taking into account the trading preferences of your referees.
• Performance-Based Plans: Upgrade your plan to receive bonuses, improved marketing strategies, increased commissions, and additional services as needed.
• Credible, Controlled Programs: Select a trustworthy broker to recommend. This is because their reputation eventually impacts yours.
• Global reach: Selecting a trading partner with a global reach is always preferable. You’ll find it simpler to market them to a global audience. High earnings are also possible.
• Marketing Materials: Seek out a trading partner who can offer you customized email templates, eye-catching landing pages, and banner widgets that display real-time statistics.
• Support: Choose a trading partner who will provide you with all-encompassing assistance. Email and chat services are included in this. Additionally, some businesses may provide you with a dedicated account manager.
• Simple Sign-Up Process: Both you and the customer benefit from a simple sign-up process. Verify that there are no additional costs.
  Reporting Measures: An excellent trading partner will provide you with information to evaluate your affiliate performance.

List of 8 Top Trading Affiliate Programs in India 

1. Upstox Affiliate Program

Upstox is an inexpensive broking company in India. It offers fair prices for trade chances.

On the Upstox Pro Web and Upstox Pro Mobile platforms, you can trade on stocks, commodities, currencies, futures, and other instruments.

Renowned businessmen like GVK Davix, Ratan Tata, and Kalaari Capital support this venture.

With the use of your smartphone or computer browser, you can quickly open a Demat account on Upstox and begin trading.

All you have to do is complete the eKyc, Pan, and Aadhar card verification processes. It provides subscribers with trading, research, and graphing tools.

Trading in Equity F&O, Equity Indra-day, Commodities, and Currency Derivatives will be available to you if you utilize Upstox Pro or the premium service.

Why Promote Upstox Affiliate Program?

As Upstox runs one of the best share market affiliate program India, It offers upto 50% of brokerage from new customers to its affiliates. There are some other benefits as well, find them below:

• For onboarding a new customer, you can earn between INR 400 – INR 1200.
• You can earn up to 50% brokerage from what Upstox earns from the new customers.
• You can get a National Stock Exchange of India registration, refer, and earn money.

Earning Potential  

Upstox affiliates have the potential to make approximately INR10,000 in profit. This might potentially rise to INR15,000 or higher, depending on the quantity of transactions executed via their links.

2. Sharekhan Affiliate Program

In the year 2000, the Sharekhan Trade Tiger was established. It was among the first businesses in India to provide internet trade.

In 2016, BNP Paribas, a European firm, purchased Sharekhan Trade Tiger. It has more than 17 lakh clients globally as of right now.

The professional broker community can be found on Sharekhan Trade Tiger. You can trade on several exchanges and across several segments from a single interface.

To obtain real-time market updates, use trading tools like Heatmap or Real-Time Excel.

Numerous financial services, including bonds, mutual funds, portfolio management, equity, and currency trading, are available to customers.

It also provides trading guidance, stock and company analysis, and investment advice. All in all, Sharekhan Trade Tiger completes more than 400,000 trades per day.

Why Promote the Sharekhan Affiliate Program?

• Account opening charges and a single place for multiple exchanges such as BSE, NSE, and MCX. 
• Free online training as well as customer support.
• You can also refer Sharekhan and earn INR 400 per referred friend who generates INR 40 in brokerage.

Earning Potential  

Sharekhan affiliates have the potential to make approximately INR 12,000 in profit. This might potentially rise to INR 15,000 or higher, contingent on the quantity of transactions completed through their links.

3. Angel Broking Affiliate Program

Angel Broking Limited was the name under which Angel One Limited was originally founded in 1987. Regarding NSE clients, it is the biggest retail brokerage business in India as of 2021.

Angel One is a participant in numerous stock exchanges, including the National Stock Exchange, the Metropolitan Stock Exchange of India, and the Bombay Stock Exchange.

Additionally, it has a CDSL Depository Participant registration. It has also been attracting new clients from Tier-2 and Tier-3 cities lately.

A ONE Limited provides INR 20 fixed brokerage per order for all sectors under their Angel I-Trade Prime Plan.

However, equity delivery trading is free. It is the first sizable complete broker to provide clients with discounted brokerage charges.

Angel One Limited offers its clients investment advisory services, margin trading, loans secured by shares, distribution of third-party financial products, and investor education.

Why Promote Angel One Affiliate Program?

• It offers a sensible partner training course that will enable you to succeed as an affiliate marketer.
• Investor confidence that Angel One Limited has built over the years will be immediately available to you.
• Angel One Affiliate Marketers will still have access to internal research resources, seminars, and ongoing training.

Earning Potential  

Angel One affiliates have the potential to make approximately INR 5,000 in profit. This might potentially rise to INR 7,000 or higher, based on the number of transactions made using their links.

4. TradeStation Affiliate Program

Active traders are the ideal users of TradeStation because it was originally designed with them in mind.

The uptime of its trading systems is 99.999%. This implies that it is still accessible, even during busy periods. TradeStation is becoming the industry benchmark for reliability.

TradeStation facilitates trading and investing across various platforms and devices. Exchange-traded funds (ETFs), cryptocurrencies, bonds, mutual funds, options, futures, and initial public offerings are among the markets that clients can access.

It has eliminated its minimum financing requirements and platform costs, introduced cryptocurrency, established YouCanTrade, and merged with TradingView to attract new users.

Now, new investors can benefit from the platform’s informational resources and gain knowledge of the financial markets.

Why Promote TradeStation Affiliate Program?

• TradeStation is a reliable platform, and it is known for its stability
• Best for cryptocurrency and financial investing
• Earn high profits on sales through your affiliate link

Earning Potential  

TradeStation associates have the potential to make approximately INR 10,000 in profit. This might potentially rise to INR 12,000 or higher, contingent on the quantity of transactions executed via their links.

5. Groww Affiliate Program

Founded in 2016, Groww is Nextbillion Technology Private Limited’s brand name. The business is a SEBI-registered stock broker. It is a part of both the BSE and the NSE. Groww began as a platform for mutual investments.

Fixed deposits, US stocks, digital gold, equity trading, and other investment choices were later added for its clientele in the middle of the 2020s.

Groww provides free mutual fund services, minimal fees (INR 20 or 0.05%) for each trade that is conducted, and a web and mobile trading app for its trading platform.

The Groww app has 128-bit encryption, making it safe and secure. With a 4.5+ rating on the Google Play Store, it is among the top-rated apps.

Groww is merely an online broker, but it provides links, free eBooks, and educational blogs to assist investors and novices in learning the fundamentals of stock market trading. Currently, almost 300 million users have faith in the company.

Why Promote Groww Affiliate Program?

• Zero commission charges on direct mutual fund 
• Facilitate investment in US Stocks, Digital gold, and Corporate FD
• Assist beginners with the help of eBook’s and blogs

Earning Potential  

Groww affiliates can benefit up to INR 4,000 or more, depending on how many transactions are performed using their links. They can make a profit of anywhere between INR 2,000 to INR 4,000.

6. 5paisa Affiliate Program

Retail investors in India can get discounted brokerage services through 5paisa.com. Regardless of the size of the trade, sector, or exchange, it charges INR 20 in brokerage.

It enables trading in currency, commodities, and equities at BSE, NSE, and MCX for its clients. The corporation is properly managed and listed on a stock exchange.

5paisa.com offers three different subscription plans: the Ultra Trader Pack, the Power Investor Pack, and the Basic Pack.

They can benefit from several things under this, including no fees for opening an account and a cost decrease from INR 20 to INR 10.

As a Premier Depository Participant, CDSL granted the 5 paisa Demat account. Regular and direct mutual funds are included in the 5 paisa mutual fund category.

The trading website, installable trading terminal, and mobile trading app make up its trading platform.

Why Promote the 5paisa Affiliate Program?

• 5paisa.com is the only company to offer research on more than 4,000 companies.
• 5paisa.com offers the lowest charge, i.e., INR 20, which can even go down to INR10 depending upon the offer.
• Get the first 100 trades free every month with the help of value-added packs.

Earning Potential  

A profit of up to INR 5,000 or more can be earned by you if you sign up for the 5paisa affiliate program, which is quite simple to do. This depends on how many transactions are performed using their links.

7. Indiabulls Affiliate Program

A company called Indiabulls Housing Finance Ltd. (IBHFL) provides housing loans. Under RBI regulation, it is the third-biggest financial company in India.

Over a million satisfied consumers have been supplied by it thus far. Its balance sheet had 0.82 trillion in it as of June 2021.

With two representative offices located in Dubai and London, Indiabulls has 130 branches nationwide. The company’s primary objective is to lower housing costs.

Indiabulls, rated ‘AA+’ by BrickWork ratings, provides easy and speedy house loans in the inexpensive housing market.

Why promote the Indiabulls Affiliate Program?

• Values integrity, transparency, and professionalism
• Offers a smooth home buying experience to its customers
• Gain profits on every sale through your affiliate link

Earning Potential  

A profit of up to INR 5,000 is possible for Indiabulls affiliates. This might potentially rise to INR 6,000 or higher, depending on the quantity of transactions executed via their links.

8. Motilal Oswal Affiliate Program

Motilal Oswal is an Indian financial services company recognized as Asia’s top local brokerage firm in 2021. The corporation sells fixed-income, gold, insurance, mutual funds, initial public offerings, and gold.

High-net-worth individuals, financial institutions, mutual funds, overseas institutional investors, and corporate clients are among its clients.

The success of Motilal Oswal is attributed in large part to research. Equity research accounts for 10% of its revenue, and a specialized crew is committed only to this task.

Additionally, the national media has widely covered its study reports. The three accounts that Motilal Oswal offers are the default account, margin pack, and value pack.

Why Promote Motilal Oswal Affiliate Program?

• Get to promote a business that has won over 100 awards and has over 290,000 satisfied clients.
• Gain the advantage of MO Products, MO service, and MO Technology, that allow you to track and trade in 1 click.
• Gain profits on every sale through your trading affiliate link.

Earning Potential  

Depending on how many transactions are performed using their links, Motilal Oswal affiliates can get a commission of up to INR 6,000. That profit could even reach INR 5,000.

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