When you have had sufficient knowledge about the standard online trading and Forex market, then do not waste your time anymore and pay your attention to all opportunities that can increase your income. Some services like, rebate projects, PAMM system, and others are being used already by Forex market traders, but here I am going to tell you about affiliate programs.
Forex brokers offer affiliate programs, these affiliate programs help to get zero risk earning from the internet through attaching new customers to the company. Usually the following schemes are their base:
• You registered yourself with the broker’s website as a partner. You will have to chose the kind of partnership;
• You receive a distinctive affiliate link, good educational materials and promo;
• Refer clients;
• You earn from the action of your referral clients.
The referrals are that clients, who open trading accounts in the Forex market with the brokers upon your recommendation. When a trader follows your affiliate links and open his trading account with a broker, he or she is automatically become your affiliate group member. So, whenever he or she carries out a trade this referral brings money for you.
However, partners are not essentially traders. Individual, legal entity and those who struggle to expand their business in a financial field or internet can register themselves with such Forex affiliate program.
The question is how does a referral bring profit to any partner? The key tool of any partner is an affiliate link, which could be firmly fixed on an object on the web. After following that affiliate link, if a trader opens his trading account with a broker, he or she has become a partner of an affiliate group and a commission will be paid to partner for every trade, whether profit or loss.
For instance, InstaForex Company’s partners got commission for each trade of each referral at the rate of (1.5-2) pip. In addition, an affiliate program could have had many levels, means the more referral a partner gives to the company the more portions of their commissions he can receive.
The partner could also get the benefit of the statistics of affiliate that includes the following informations: The figure of users who follow the affiliate links, the figure of referred clients, as well as the amount of earned commission.
Some brokers give partners some promo materials like, informers, websites, banners, and booklets. The limit of promo that one can get depends on an affiliate program.
If you want to earn online money, then, affiliate program is the right choice, because affiliate program is no doubt a right way to make money in the world of internet. In addition, with little efforts, the potential earning is very high. Be careful in choosing affiliate program; always choose the affiliate program of the broker who must keep well-known brand and solid business reputation.
Often partners put their affiliate banners and links on blogs, in social network, articles and in forum profiles.