Robinhood Affiliate Program

Category
Finance and Investment
Rating
Commission
$15 per new user
Commission Model
No items found.
E-Mail
affiliate@robinhood.com
Software
Impact
Licenses
Financial Industry Regulatory Authority (FINRA) Securities Investor Protection Corporation (SIPC)

Review

Affiliates earn $15 when a new user links their bank account and $500 after 50 referrals who open and fund accounts.

Positive Aspects

  • Well-Known Brand
    Robinhood has established itself as a trusted name in the trading industry, particularly among younger investors. Its strong brand recognition can lead to higher conversion rates as potential users are often familiar with the platform.
  • Attractive Commission Structure
    The affiliate program offers competitive commission rates for new user referrals, providing the potential for significant earnings, especially with a high volume of referrals.
  • User-Friendly Platform
    Robinhood’s app and website are designed for ease of use, making it accessible for novice investors. The straightforward interface encourages sign-ups and user engagement.
  • No Commission Trading
    The core selling point of Robinhood is its commission-free trading model, which attracts a wide range of users, from casual investors to those new to trading. This can enhance conversion potential for affiliates.
  • Comprehensive Marketing Resources
    The affiliate program offers various marketing materials, including banners, landing pages, and promotional content, to help affiliates effectively promote the platform.
  • Dedicated Affiliate Support
    Robinhood provides dedicated support for affiliates, assisting with inquiries and strategies to enhance performance and improve overall affiliate experience.
  • Focus on Financial Education
    Robinhood emphasizes educating users about investing, which can resonate well with potential clients looking to make informed financial decisions.
  • Regular Promotions
    The platform often runs promotions for new users, allowing affiliates to leverage these offers to attract more sign-ups and boost conversions.
  • Negative Aspects

  • affiliate@robinhood.comLimited International Reach
    Robinhood primarily serves clients in the United States, which may limit affiliates targeting audiences in other countries or regions.
  • High Minimum Payout Threshold
    The program may have a relatively high minimum payout threshold, which could be challenging for smaller affiliates to meet before receiving commissions.
  • Competitive Financial Services Market
    The trading and investment market is highly competitive, requiring affiliates to develop unique marketing strategies to stand out among numerous other financial platforms.
  • Strict Compliance Guidelines
    Affiliates must adhere to strict compliance and marketing guidelines. Non-compliance can result in penalties, loss of commissions, or termination from the program.
  • Limited CPA Options
    The affiliate program focuses mainly on commission-based earnings, which may restrict options for affiliates who prefer Cost Per Acquisition (CPA) models.
  • Target Market

    Commission Structure