Why Deriv is the Right Partner for Financial Affiliate Networks in Africa

The African financial markets have in recent years come more into their own. Forex trading saw massive growth from US$14 billion in 2013 to US$21 billion in 2016. That’s in South Africa alone. In 2020, the market witnessed a whopping 477% rise in forex trading across the continent in just four months leading up to June 2020. Nigeria and South Africa remain the two largest markets in Africa, although Rwanda, Tanzania, Kenya, Namibia, Botswana and Angola are all seeing a remarkable surge in interest among retail traders.

Deriv entered Africa in 2020, opening its first office on the continent in Kigali, Rwanda. The company offers an entire range of trading services in Africa, including trading in forex, commodities, stock indices, and synthetic indices. Traders can also choose to trade CFDs with Deriv. To make its cutting-edge services and trading platforms easily accessible across the continent, the company has expanded and improved its partner programme to suit affiliates and IBs in Africa.

Deriv’s Affiliate Programme in Africa

With its customer-centric approach and the latest technology solutions, Deriv has garnered over 1.2 million trading accounts and more than US$7 billion in total trade turnover. Deriv is among the most reliable and effective partner programme holders in Africa. Here’s why.

• Support of proven creative materials, including banners, videos, and emails to drive traffic, optimised to engage and convert prospects.
• Backing of 20+ years’ experience, along with Deriv’s global reputation.
• A wide range of partnership opportunities, irrespective of skill or experience level.
• Exposure to the global markets across a wide range of tradable assets, from forex to stock indices and commodities to synthetic indices.
• Weekend Trading on Synthetic Indices.
• Cutting-edge platforms that empower even beginner traders, including DMT5 and DTrader.
• Easy automated trading without the need to write code. The Deriv DBot lets traders build robots in 5 easy steps.
• A choice of the most competitive commission plans based on up to 45% Revenue Share or Turnover.
• Rigorous sales team that helps increase conversion rates.
• Zero charges with prompt daily and monthly pay-outs.

The rise of cheap internet and wide accessibility of mobile is seeing an increasing rise in Forex and CFD trading in Africa. Low barriers of entry compared to local stock exchanges and access to global markets is leading to double-digit growth over the last 2-3 years in South Africa, Kenya, and Nigeria. As Gaurav Gulati, Head of Affiliates Team, Deriv said“With a reported 1.3 million traders in the African region, there are even more opportunities now for affiliates and IBs. We look to create meaningful relationships with our clients and our partners on the ground are essential to helping us achieve our goals.”

Who Can Apply?

Deriv’s partner programme is suitable for affiliates and introducing brokers (IBs), as well as payment agents who facilitate client account funding via local bank wire transfers or e-payment methods.

• Trading Experts: IBs can provide expert analysis, opinions and tips on online trading via their own blog or website, YouTube channel, webinars, social media posts, and other digital media.
• Software Developers: Experienced developers can help create desktop, web, and mobile apps. Those with extensive experience can work with Deriv’s proprietary APIs.
• Community Managers: IBs can also help manage the active online community, which is passionate about personal finance, online trading and investing.

Deriv’s affiliate programme already has more than 47,000 members across 150 countries, serving over 1 million clients. Deriv has paid out in excess of $14 million to its partners so far.

*This information and content is intended to the general public and affiliates residing in Africa.

For media enquiries contact:

Federica D’Andrea

federica@deriv.com

About Deriv.com

Deriv.com is an online trading service provider offering a comprehensive suite of products with flexible pricing, where its customers can trade currencies, indices, commodities, and volatility indices 24/7. Committed to customer satisfaction and high ethical standards, the company delivers quality products and services with integrity.