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Home » Forex brokers reviews » Forex Affiliate Marketing – Top Forex Affiliate Programs List

Forex Affiliate Marketing – Top Forex Affiliate Programs List

by Fxigor

Forex affiliate marketing represents a brokerage service promotion or forex-related product promotion. An individual gets rewarded for collecting referrals for the company using marketing resources like links, banners, tools. A simple sign-up process is required for becoming an affiliate.

Forex Affiliate broker’s IB or Forex Introducing Broker is a person or company that directly recommends new traders to sign up and become brokerage users.

Referral link: Generally, the link of the affiliate is a code following the domain of the forex broker, e.g., say for a forex broker ABC, the link would be like:

http://www.forexsite.com/home.php?id=5

where id=5 represents that the referring link belongs to the affiliate with id as 5.

Methods of Compensation:
The following four methods compensate forex affiliates:
1. Rebates: Compensation is based on the volume made by their clients. E.g., an affiliate receives 1 pip per clients’ trade lot.
2. CPA: Affiliate is paid when the referred traders sign up and invest a starting amount. Compensation may vary as per the initial minimum investment required by the account.
3. CPL: affiliate is paid if the referred traders leave some information (name, email, phone, etc.) for the broker, e.g., by signing up for a demo account.
4. Revenue sharing: Affiliate gets paid from the broker’s revenue due to clients’ trading losses.

A ‘hybrid’ of the above four methods can also be used as a compensation method, e.g., CPA and CPL together. Another program called ‘2nd Tier’ can also be used to refer other affiliates to the broker. Affiliates get paid either in the form of a fixed price per affiliate or according to the referred affiliate’s revenues.

Things to Consider: It is imperative to know the broker before becoming an affiliate for him. Looking Internet is the best source to confirm a brokers’ reputation. Make sure you are not scammed, and you actually get paid for your hard work. To know your broker, start with:
1. Who is your Broker – See the recognition status of the broker. Look into the broker’s feature set like spreads, customer support, etc., as your referred client would decide to register to the broker based on that. See if the broker offers multiple language support and a variety of account types. A variety of clients can be drawn to the broker, and clients are all that you need.
2. Affiliate Back Office and reporting: Check if the broker offers some progress monitoring system for its affiliates. Some brokers pay you according to your monthly counts. Such programs should be avoided. Look for an affiliate program that offers immediacy. You should be able to see the real-time results of your client referrals. That way, you can also assess a particular marketing strategy that you might have implemented at your end.
3. Deposit/Withdraw options: Check the ease of two processes; cash depositing by clients and commission withdrawal by the affiliates.

After checking the above three essential aspects, it is a good practice to have a friend use your referral link to sign up and assure your affiliate account is updated.

Affiliate Programs: Brokers like AvaForex, Easy Forex, eToro, Forex Yard, Trade View, etc., offer affiliate marketing programs. It may be noticed that none of these brokers are UK, Swiss, or UK-based. The reason for this could be that either these (UK, US, and Swiss) brokers use conventional offline marketing methods, or they are strictly regulated, and their affiliates are required to abide by certain standard rules. Thus it is not open to the common public.

Affiliate Brokers

Below in Table are presented the best affiliate brokers which promoters can earn lucrative commissions.

Forex affiliate brokers list

Forex broker ReviewAffiliate registrationCPARevenue shareHybrid RatingPromo

Hotforex partner
Hotforex affiliateNoup to 60%$15 per lot99Partners Benefits

Avatrade
AvapartnerYes20%-35%Special promotion96


FxPro
FxPro partnersNo$25 per 5 lotNo93 

Instaforex

Instaforex partner
No$20 per 10 lotNo93InstaForex

XM affiliate
XM partner No$10 per lotNo89

Exness Reivew

Exness

No25%No88
Easy ForexEasy Forex partnerNo25%N083 easy forex

Liteforex
Liteforex partnersNoup $15 per lotNo82 

Dukascopy
Dukascopy partner - affiliate IB Noup to 50%No81 Dukascopy Bank SA

Fxopen
FxopenNoYesNo80fxopen forex broker bonus 

NordFx
NordFxNo25%30%80 Nordfx

Thinkforex
Thinkforex partnersNoYesN078
FBS ReviewFBS affiliateNoYesNo73

Forex.com
Forex.com IB.NoYesNo65

FXDD
FXDDNo20%No66 FXDD forex broker

HY Markets
HY MARKETS PartnersNoup $15 per lotNo64 

Alpari.com
Alpari.comNoYesNo60 Alpari_Logo

Ironfx


Ironfx
Yes up to $600NoNo60

Markets.com
Markets partner.comNoYesNo60 
ETX Capital
ETX Capita PartnerslYesYesNo60

YouTradeFx
YouTradeFx AffiliatesYes up to $500Yes $7 per lotYes $5 per lot59forex bonus youtradefx

Deltastock
DeltastockNoYesNo58  Deltastock forex online trading

Roboforex
RoboforexNOYesNo57
Iforex ReviewIforex partner Yes up to $500NoNo56iforex bonus

Forex4you
Forex4you PartnerNoYesNo55 
Octafx reviewOctafx IB registerNoYesNo55

Windsor Brokers
Windsor Brokers affiliate NoYes up to 50%No54 

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Fxigor
Fxigor
Trader since 2007. Currently work for several prop trading companies.
Fxigor
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