Updated September 28, 2026 · AffCue Editorial Team
DA Direkt vs InstaForex
Facts checked September 26, 2026.
Facts checked September 26, 2026.
DA Direkt vs InstaForex: the differences
| Compare |  DA Direkt |  InstaForex |
|---|---|---|
| Commission terms | Up to 170 EUR net per referral | Up to $20 per market lot |
| Recurring commission | No | YesHas it |
| Payout per sale or signup | €170 | $2,000 |
| Verticals | Insurance | Investing |
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 InstaForex.
- Pricing model: only InstaForex offers CPL, Revshare.
- Features: only DA Direkt offers Referral.
- Region: only DA Direkt offers Single country.
- Region: only InstaForex offers Global.
- Verticals: only DA Direkt offers Insurance.
- Verticals: only InstaForex 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.
InstaForex
InstaForex pays on trading volume rather than sign-ups alone, which suits publishers whose readers already follow forex and trading markets. You earn Up to $20 per market lot, and the programme runs cost per action, cost per lead and revenue share models, with recurring commission as well.
Feature by feature
| Pricing model | DA Direkt | InstaForex |
|---|---|---|
| CPA | Yes | Yes |
| CPL | No | Yes |
| Revshare | No | Yes |
Where each is licensed and available
| Country | DA Direkt | InstaForex |
|---|---|---|
| Region | Single country | Global |
Where they rank in our lists
| Ranking | DA Direkt | InstaForex |
|---|---|---|
| Finance affiliate programs | 10 of 425 | 2 of 425 |
Where these facts come from
DA Direkt
- da-direkt.de: 10 facts, checked September 26, 2026
- pitchbook.com: 1 fact, checked September 26, 2026
InstaForex
- instaforex.com: 7 facts, checked September 26, 2026
Every fact side by side
| Fact | DA Direkt | InstaForex |
|---|---|---|
| Pricing model | CPA | CPA, CPL, RevshareCovers more |
| Features | Direct, ReferralCovers more | Direct |
| Region | Single country | Global |
| 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 |
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.
InstaForex
Pros
- Several payout models run side by side, including cost per action, cost per lead and revenue share (cpa, cpl and revshare).
- Recurring commission is part of the deal, so a referred trader can keep paying after the first deposits.
- Volume pay of Up to $20 per market lot rewards readers who trade rather than merely register.
Cons
- The headline Up to $20 per market lot scales with trading volume, so readers who register without trading bring you little.
- Coverage sits in the investing vertical (investing), so it fits trading content rather than wider finance topics.
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.
InstaForex
Who it suits
- You write about forex, trading platforms and investing, where readers already understand lots and trading volume.
- You want more than a sign-up bounty, because revenue share and recurring commission keep paying after the first activity.
- You promote a single brand directly (direct) and prefer a straight relationship to a network.
Who should look elsewhere
- Mintos, if you would rather promote Hybrid lead and CPA commission in a lending marketplace than a trading brand.
- Qonto, if your readers are business owners and CPA per registration plus KYB bonus fits that audience better.
- Admitad, if you want a network paying 5% per sale across many offer types at once.
Country by country
| Country | DA Direkt | InstaForex |
|---|---|---|
| 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.
InstaForex
How much does InstaForex pay per referral?+
The headline rate is Up to $20 per market lot, calculated on trading volume rather than on the sign-up itself. The programme also sets a cost per action payout of $2,000, and the published model list covers cost per action, cost per lead and revenue share (cpa, cpl and revshare), so you can pick the structure that suits your traffic.
Does the programme pay recurring commission?+
Yes, recurring commission is part of the offer, which is not the norm across the trading programmes in this group. Alongside revenue share in cpa, cpl and revshare, it means a referred trader who keeps trading keeps producing commission for you instead of stopping at the first payment.