Updated September 29, 2026 · AffCue Editorial Team
DA Direkt vs Hfm Affiliates
Facts checked September 26, 2026.
Facts checked September 29, 2026.
Where DA Direkt and Hfm Affiliates differ
| Compare |  DA Direkt | Hfm Affiliates ReviewSee alternativesSee alternatives |
|---|---|---|
| Commission terms | Up to 170 EUR net per referral | up to 60% revenue share |
| Recurring commission | No | YesHas it |
| Payout per sale or signup | €170 | $650 |
| Verticals | Insurance | Investing |
| Payout threshold | Not confirmed | $5 |
| Payout frequency | Not confirmed | daily payouts |
| Commission (%) | Not confirmed | 60% |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Recurring commission: only Hfm Affiliates.
- Pricing model: only Hfm Affiliates offers Revshare.
- Verticals: only DA Direkt offers Insurance.
- Verticals: only Hfm Affiliates offers Investing.
Our verdict on each
DA Direkt
DA Direkt pays Up to 170 EUR net per referral for an insurance referral in its home market, which suits publishers whose readers already compare cover there. The CPA model keeps the rate flat and predictable, so the earnings question is simple: how many signed referrals can you send.
Hfm Affiliates
Hfm Affiliates suits publishers focused on investing who want choice between CPA and revenue share models for trading audiences. Terms include $650 for CPA referrals alongside up to 60% revenue share with recurring earnings, plus daily payouts that supports steady cash flow for active promoters.
Licences and countries
| Country | DA Direkt | Hfm Affiliates |
|---|---|---|
| Region | Single country | Not confirmed |
Positions in our rankings
| Ranking | DA Direkt | Hfm Affiliates |
|---|---|---|
| Finance affiliate programs | 10 of 425 | 3 of 425 |
Sources behind this comparison
DA Direkt
- da-direkt.de: 10 facts, checked September 26, 2026
- pitchbook.com: 1 fact, checked September 26, 2026
Hfm Affiliates
- affiliates.hfm.com: 8 facts, checked September 29, 2026
- affiliates.hfmarkets.co.uk: 1 fact, checked September 29, 2026
Every fact side by side
| Fact | DA Direkt | Hfm Affiliates |
|---|---|---|
| Pricing model | CPA | CPA, RevshareCovers more |
| Features | Direct, Referral | Direct, Referral |
| Region | Single country | Not confirmed |
| Legal entity | DA Deutsche Allgemeine Versicherung AG | Not confirmed |
| Headquarters | Germany | Not confirmed |
| Founded | 1923 | Not confirmed |
| Support channels | Email, Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | DA Direkt | Hfm Affiliates | Median |
|---|---|---|---|
| Payout threshold | Not confirmed | $5lowest quarter | $50 |
| Commission (%) | Not confirmed | 60%highest quarter | 12% |
Median across 167 listed affiliate programs.
Pros and cons
DA Direkt
Pros
- The rate is easy to plan around: Up to 170 EUR net per referral lands on a confirmed referral, not on a premium share that shifts with policy size.
- Promotion covers direct and referral, so link clicks and direct recommendations are both earning sends.
- Support runs on email, phone and help centre, so a partner with a stuck referral has a real route to the insurer.
Cons
- Recurring commission is listed as no, so a policy that renews each year brings no further payout.
- The programme is built for DE alone, so traffic from other markets earns nothing.
Hfm Affiliates
Pros
- Earn up to 60% revenue share with recurring commission for continued trader activity
- Choose CPA or revenue share through CPA and revshare to match your traffic style
- Benefit from daily payouts that keeps earnings moving on a regular cycle
Cons
- Focused on investing via investing, so publishers outside trading niches may look elsewhere
- Revenue tied to trader activity at up to 60% revenue share means income varies with referrals
Who each suits
DA Direkt
Who it suits
- Publishers with a German audience that already reads insurance comparisons and can send fresh referrals.
- Sites that recommend rather than advertise, since direct and referral counts a direct referral as well as a click.
- Partners who want a single clear number to quote in a comparison table rather than a share of premium.
Who should look elsewhere
- Publishers who need a banking offer instead: Qonto pays on CPA per registration plus KYB bonus, which is built around registration.
- Anyone who wants a cut of every completed sale: Admitad pays on 5% per sale.
- Anyone who wants a mixed lead and sale payout: Mintos works on Hybrid lead and CPA commission.
Hfm Affiliates
Who it suits
- Investing content creators covering trading topics
- Publishers who want CPA and revenue share choice for finance traffic
Who should look elsewhere
- Crypto exchange publishers who may prefer Kraken for its lifetime revenue terms
- Cashback style referrers who may prefer Nectaro for its per side rewards
Country by country
| Country | DA Direkt | Hfm Affiliates |
|---|---|---|
| Germany | Yes | No |
Questions about each
DA Direkt
How much does DA Direkt pay per referral?+
The programme pays Up to 170 EUR net per referral. The model is CPA, so the fee is tied to a confirmed referral rather than a share of premium income. Traffic that mixes casual readers with ready buyers therefore earns on the second group only, which is worth thinking about before you commit.
Is there recurring commission on policies that renew?+
Recurring commission is listed as no, so a customer who signs up through you pays Up to 170 EUR net per referral once and a renewal adds nothing further. If your earnings depend on lifetime value rather than new sign ups, this programme is the wrong shape.
Hfm Affiliates
What commission models does Hfm Affiliates offer?+
Hfm Affiliates offers choice through CPA and revshare to suit varied promotion styles. Revenue share terms run up to 60% revenue share with recurring earnings for continued activity. CPA provides an alternative for publishers who prefer fixed rewards per qualified referral.
Does Hfm Affiliates pay recurring commissions?+
Yes, Hfm Affiliates supports recurring commission for revenue share referrals. Earnings under up to 60% revenue share continue while referred traders remain active. This structure suits publishers who build lasting investing audiences and value ongoing rewards.
Hfm Affiliates
Higher score in this comparison