List of forex affiliate programs with sub-affiliate program
This forex affiliate program list is all brokers that offer affiliate and sub-affiliate (forex affiliate Second-tier) programs. If you want to see all brokers that offer affiliate programs, you visit all these brokers on the ranking list – forex brokers ranking list.
Forex affiliate offers list:
The table above is the forex affiliate programs list. The best forex affiliate programs that we promote are Hotforex and Avapartner.
The commission is the most important part of the business.
The ways you can charge your services (and that means having banners or links on your website) are plenty. Some forex affiliate programs offer several types of commissions.
Rebate in the forex industry is the percent of the broker’s profit per each trade, and this is one of the best forex affiliate offers. The rebate system is based on Volume. For example, if a trader creates the order of 4 lots buying EURUSD. Spread is 1 pip.Profit is 4×1*$10 = $40. Affiliate will earn $10 and broker $30 if the rebate system is 25% for the affiliate.
Revenue share is the same as the rebate system only it is based only on the trader’s losses. This system is more for gambling sites or binary options. In the forex, industry volume is more important.
Cost per Acquisition works in a way that you get your money when the person you referred opens an account, deposits money, or executes a trade, depending on the broker’s offer. You can probably negotiate with the broker for your commission, but please comprehend when your commission will be paid and how much will you get exactly.
Another form of getting your commission is the so-called Cost Per Lead (CPL). With CPL, your referred person enters details on the broker’s landing page, through signing, name, email, phone number…) The broker gets those valuable details, and you get money.
One of the more interesting types of commission is considered to be revenue sharing. If you want to sign for this, consider that the money you get is the money your referred person lost. Brokers usually profit from the spread, but they make profits when clients lose.
The hybrid commission is a combination of the CPA and the rebate system. In this commission type affiliate will get and revenue share commission and some addition per new deposit trader.
How to become a forex affiliate?
To become a forex affiliate, in the first step, you need to set a website or social network account (for example, youtube channel) and publish interesting articles, content every day and get traffic. In the next step, you need to register for any forex affiliate program, get clicks on affiliate links – refer new clients using online traffic.
This guide will show you all you need to be familiar with to start working as a forex affiliate.
Find out here why you should promote forex, how the affiliate marketing goes, get to know different ways how to earn money, and most importantly, read some things to think about when you want to choose an affiliate program for forex.
Promoting forex
Forex is a market open 24/5, which only sleeps on weekends. It is present in the whole world, all the time. It is the world’s largest financial and a very liquid market, with an unbelievable daily turnover of more than 5.3 trillion. Get your share of that?
Forex is this successful partially due to its simplicity and availability to everybody. Your clients don’t have to be a fancy-schmancy suited stockbrokers to take part in forex. It is internet-based, and thus it is yet a young developing system that needs people like you to sustain its growth.
For an affiliate marketer that knows how to get things done, this global market can offer pretty much unique opportunities. Just think of the customer value; forex customers don’t get here to pull off just one transaction and run away; they are here to stay.
Consider the accessibility to the forex market, which is the internet. That secures potential access to potential customers from the whole world, and it is up to you to remove this “potential” part and show access to your customers.
Since it isn’t casino gambling, or suspicious investing, forex is appealing to people as a trusted market and a place where people can invest their funds. It isn’t as hard to sell forex entrance as it might be to persuade somebody to bet on horses or pull someone to a black-jack table.
Besides metals, oil, gas, and stocks, forex is – regardless of it being something rather new – a well-recognized trading product. The rapid growth of its popularity is still ongoing, so join in; you don’t have to push; go along with the flow.
Every day more and more people get to know forex, in a good part thanks to affiliate partners, as you will be.
Being a forex affiliate, in conclusion, can make you solid earnings.
If, by now, you think all these opportunities are something to grab on to, let’s see how works this affiliate marketing, shall we?
Basically, affiliate marketing for the forex is rather the same as affiliate marketing: you get paid when someone referred to a forex broker begins trading with the broker. In essence, there is no radical difference between affiliate marketing for forex and “regular” affiliate marketing, as in both cases, you perform online with referrals being referred to forex brokers through links or banners on your website.
However, the major difference is that an affiliate is known as Introducing Broker with sales staff or an office. In contrast, as a forex affiliate, you can be an individual with solid web traffic on your website. You don’t have to be a company to be a forex affiliate.
To be an affiliate for forex, some brokers have a system that takes you less than several minutes to become its affiliate.
Very few brokers offer to be sub-affiliate. That means that your referred person can refer to another person, and you get money from their share too. Well, actually, the broker doesn’t split one share but pays twice; thus, “very few brokers offer…”
Keep in mind that these are the good aspects of being a forex affiliate, and like every job, there comes responsibility, focus, and obstacles, as well as things to be careful about.
In online marketing, you’ll have to see for yourself what works and what doesn’t. You must be present to adjust it at present.
In being a forex affiliate, the first thing to consider is to make sure your broker equips you with software that will enable you to keep an eye on your performance. You may have a certain success, but your broker doesn’t report it. You usually won’t have this problem with checked and known brokers because such companies wouldn’t risk their reputation that way. By the way, they won’t risk their reputation in any way. ?
When you get paid by your broker for your referral’s success, you need to know its details to ensure you are getting paid the fair and exact amount.
As said, choose a broker that is known and that you can trust. Of course, you would do that on your own, but here are tips on how to avoid being scammed. Since you are reading this, it might be very likely that you are not very familiar with who is a trusted forex broker and who claims to be such.
When you see an offer to become some brokers forex affiliate, consider double-checking it, google it, and research. Spend your time to ask around about it.
Again, these are the tips to get you well shaped to know what to consider:
The first step is to be sure the broker regularly operates in its own country. Information like this should be easy to access, mostly found on the forex broker’s website. And see who regulates that country and does it match.
Secondly, the forex broker can be regular in terms of the law, but you should check its history; maybe it’s a spin-off of another unsuccessful broker or a broken-down broker, or it has a suspicious history. Ensure that you follow well what the broker did in the past and what others say about it.
You’ll want to affiliate with a broker that has plenty of opinions, positive ones, of course, as that means many people know about it and maybe have had a personal engagement with that particular broker.
Get into the position of your future clients by considering you would trade with that particular broker. If you find that the broker under your consideration is appealing to traders, and you think that you’ll have an easier job to attract clients to that broker, well, there you go.
Consider whether your broker is available to the whole world or just certain areas and what profile of clients you want to refer to. If you see that the broker has support in several languages and various platforms and accounts, your clients can be of different characters, which means more potential clients.
Make sure, anyway, to talk and negotiate with the affiliate manager of the broker in question. You’ll thus know who you are dealing with, how serious it is, how high its expectations are, and you’ll get an all-around feeling about it.
Now, when you feel it’s right, try to find out what internet marketing tools the broker offers. Check if you know how to make the best out of it. Because, regardless of the broker offers the world’s latest top-performing tool, but you don’t find your way with it, what use is it to you? Don’t fall for “this is the best tool,” but chose the best tool for you.
However, it’s better to have a wider variety of tools than just one you are good with. You’ll certainly need more.
“More” here means banners of different shapes and different sizes, and you’ll know what shapes and sizes those are. It’s your website, and you know how you want to use those.
Something neat your broker might offer you are email templates that you might want to send to your potential clients.
Widgets, of course, are something you’ll want to have available from your broker that can pull a client in, for example, a converter for currencies or live rate tables for currencies.
Information about forex, about the broker, about trading will have to be maybe the most important thing besides banners. You will want to make sure that you can offer your potential client answers to all possible questions. Therefore e-books, blog articles, text links for provoking clicks, or outlooks for the market on a daily or weekly basis, videos, and information can offer your clients.
Landing pages will help you help your clients have an easy path to registering to your broker. That is something any client to anything wants; an easy and simple way to do it.
Commission payment and withdrawal methods
When negotiating with the broker, you have to ask when you can expect to be paid.
You can also probably demand, but it depends on what they can offer; weekly, monthly?
But when it’s all done, you want to get your money. There is more than one way to be done, but you have to be cautious with that. First, you need to make sure that your client has an easy way, as we said, to do his work; signing up, depositing money, depositing money…
The easier it is for your client to deposit money, the more money will he/she deposit, which means more conversions for you.
But for withdrawing your commission, make sure it’s something straightforward, like electronic bank transfers. If there is a way to avoid cheque, avoid.
Beware of fees for your transfers. Sometimes, a broker might not charge fees, but the bank surely might. So just for the sake of being cautious, ask your broker what’s with transfer fees? On whose account does that go?
How much do forex affiliates make?
Based on affiliate managers’ testimony, top forex affiliates make from $10K to $50K per month. Medium forex website owners (50K monthly pageviews) can earn up to $1000 per month. Affiliates that are a long time in promoting business can earn large amounts.
Recently Confirmed with some large forex brokers and the affiliate managers will confirm that a large number of their affiliates will earn $10k/month or more with
Choosing a broker for your clients
When you want to choose a broker, don’t forget who your clients are. For example, we said that whoever they are, whatever profile they are, you have to adjust to that. If your potential clients don’t speak Russian, don’t take a broker whose website is only Russian.
If your potential clients are mostly novice traders, don’t take a broker that you know is better suited for experienced traders, or that will make novice traders confused and highly unsuccessful.
As an affiliate, you’ll have to be a good manager and transfer to your clients as well as to your broker. Because should the word spread that you don’t bring luck, you’ll get a bad reputation. So think about who your clients are. That is, who is the audience to your website.
