GetProfit Company Overview

Founding Date and Background

GetProfit is a financial affiliate network that was established in 2016. It focuses on providing affiliate marketing opportunities primarily in the trading sector, including binary options, forex trading, and contracts for difference (CFDs). The company aims to connect affiliates with financial services, enabling them to earn commissions through various marketing strategies.

Parent Company/Ownership Structure

GetProfit operates independently, but it is closely associated with the trading platform ExpertOption, which has been providing financial services since 2014. This affiliation allows GetProfit to leverage the extensive experience and infrastructure of the ExpertOption brand.

Headquarters Location

The company is registered in the Marshall Islands, which is a common jurisdiction for online trading platforms due to its favorable regulatory environment.

Global Business Scope

GetProfit has a global reach, serving over 70,000 affiliates worldwide. The company has reported significant traffic volumes, with affiliates generating over $1.9 million in monthly spending since its inception. The target markets include Asia, the United Arab Emirates, and Africa, where the demand for online trading services is growing rapidly.

Main Regulatory Bodies

While GetProfit operates in a relatively unregulated environment, it is essential to note that its associated trading platform, ExpertOption, is not regulated by major financial authorities such as the FCA (UK) or ASIC (Australia). This lack of regulation may raise concerns for potential affiliates and clients regarding the safety of their investments.

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Company History and Development

Key Milestones

Since its founding in 2016, GetProfit has achieved several key milestones, including the onboarding of over 70,000 affiliates and the establishment of a robust marketing infrastructure that supports various traffic sources, including social media, SEO, and paid advertising.

Business Expansion Journey

Initially focused on binary options, GetProfit has expanded its offerings to include forex and CFD trading. The company has continuously adapted to market trends, ensuring that its affiliates have access to the latest trading products and services.

Customer Base Growth

The affiliate program has seen significant growth, with a diverse range of affiliates, including individuals, arbitrage teams, and agencies. This growth is attributed to the company's competitive commission structure and the variety of marketing materials provided to affiliates.

Platform Development History

GetProfit has invested in developing its platform to include features such as real-time statistics, smartlinks for traffic distribution, and integration options for webview registration forms. These enhancements have improved the user experience for both affiliates and their referred clients.

Important Awards or Recognitions Received

While specific awards may not be publicly documented, GetProfit has received positive feedback from its affiliates, highlighting the company's commitment to timely payments and effective support.

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Trading Services Offered

Forex Trading Options

GetProfit provides access to a wide range of forex trading options, offering over 50 currency pairs. This extensive selection allows traders to diversify their portfolios and take advantage of global currency fluctuations.

Stock Trading Options

The platform also facilitates trading in various stocks, allowing users to invest in shares of publicly traded companies. This feature enhances the trading options available to affiliates and their clients.

CFD Trading Products

GetProfit offers a comprehensive suite of CFD trading products, enabling traders to speculate on price movements across various financial markets without owning the underlying assets. This includes indices, commodities, and cryptocurrencies.

Other Financial Instruments

In addition to forex and stock trading, GetProfit provides access to cryptocurrencies and commodities. This diversification allows traders to engage in multiple markets, catering to different investment strategies and risk appetites.

Special Services or Unique Advantages

One of the unique advantages of the GetProfit affiliate program is its competitive commission structure, which ranges from 60% to 80% revenue share or CPA (cost per action) models. Additionally, affiliates can benefit from a referral program that offers 5% to 10% commissions on referred clients.

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Regulatory and Legal Background

Detailed Regulatory Information

GetProfit operates in a largely unregulated environment. The company does not hold licenses from major regulatory bodies such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). This may pose risks for affiliates and clients regarding the security of their investments.

Legal Entity Structure by Region

The company is registered in the Marshall Islands, and its legal structure allows it to operate globally without being subject to stringent regulatory requirements. This is a common practice among many online trading platforms.

Client Fund Protection Measures

Given the lack of regulation, the client fund protection measures are not as robust as those offered by regulated entities. Potential clients should exercise caution and conduct thorough due diligence before engaging with GetProfit or its associated trading platform.

Countries/Regions Served

GetProfit primarily targets markets in Asia, the United Arab Emirates, and Africa, where online trading is gaining popularity. The affiliate program is designed to accommodate a diverse range of traffic sources, including social media and search engines.

Compliance History

While there are no publicly available compliance issues reported, the unregulated nature of the company means that potential clients should remain vigilant regarding the risks associated with trading through such platforms.

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Competitive Landscape

3-5 Main Competitors

GetProfit operates in a competitive landscape with several key players, including:

1. AMarkets: An online broker that offers a wide range of trading instruments and is known for its customer support.
2. FXTM (ForexTime): A global forex broker providing extensive trading options and educational resources.
3. Binomo: A trading platform specializing in binary options, attracting a significant number of traders due to its user-friendly interface.

Positioning in the Industry

GetProfit positions itself as a leading affiliate program in the financial services sector, offering competitive commission rates and a diverse range of trading products. The program is particularly appealing to affiliates looking to monetize their traffic through a reputable trading platform.

Market Differentiation Factors

Key differentiation factors for GetProfit include its high revenue share and CPA rates, comprehensive marketing support, and a wide variety of trading options. The focus on social media traffic and the provision of promotional materials for affiliates further enhance its competitive edge.

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In conclusion, GetProfit offers a robust affiliate program with a diverse range of trading options, although potential clients and affiliates should be aware of the regulatory landscape and the associated risks. The company's growth trajectory, combined with its competitive commission structure, positions it as a notable player in the online trading affiliate market. For those interested in exploring affiliate opportunities or trading services, GetProfit presents a viable option, albeit with caution due to the lack of regulatory oversight.

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