Forex Affiliate

An affiliate program refers to a marketing program that rewards individuals for referring clients to certain businessesIntroduction -Why Becoming a Forex Affiliate?

The Foreign Exchange market is a huge financial market with 5 trillion USD daily volumes and millions of active traders. The great advantage of trading currencies is the tiny transaction cost that is measured even less than 1.0 pip (where 1.0 pip equals 0.0001 of the price). The ability to trade heavily by paying a tiny cost explains the opportunistic behavior of most Forex traders. There are tens of millions of active Forex traders worldwide, and that number keeps growing. In such a dynamic environment, competition among Forex brokers is very intense, and that leads to generous marketing programs.

Making Money without Risk

Forex traders can make a lot of money, but based on statistics, most of them are losing. That means that in order to make money as a trader you must accept a great number of risks such as market risks, liquidity risks, etc. On the other hand, Forex affiliates can make money without risking their funds.

 

What are Forex Affiliate Programs?

In general, an affiliate program refers to a marketing program that rewards individuals for referring clients to certain businesses. These rewards involve three (3) major categories of financial incentives:

(i) Cost Per Action {CPA →One-time payment that requires a client registration and usually the first deposit}

(ii) Revenue Share {Paying commissions based on referred clients trading volumes, commissions measured in pips or in lots}

(iii) Hybrid Method {Combines (i) and (ii) methods}

There are additional affiliate methods on the internet, such as the PPC (pay-per-click) or the PPL (pay-per-lead), but Forex brokers do not offer these methods. Forex brokers offer CPA, Revenue Share, and Hybrid programs.

Forex Affiliate Programs

Compare Brokers for Trading Forex

COMPARE: Forex Affiliate Programs

Connecting with financial companies through affiliate marketing can be an effective way of earning a serious income. Forex affiliate Marketing is a performance-based marketing in which a Forex broker rewards its affiliates for each client brought by their efforts. The following table includes Forex/CFD and binary options affiliate programs.

FOREX BROKER

OFFERS

PAYMENTS/METHODS

ADVANTAGES

START HERE

HOTFOREX

(Forex/CFDs)

» HotForex Affiliate Program

REVENUE-SHARED

$8/Round lot

Bank | Skrill | Neteller

Min Payment: $10

√ Regulated Broker covering clients in case of insolvency up to 20,000 EUR per client (through ICF)

√ Offers free VPS hosting and PAMM accounts

√ Good Technology and Competitive Pricing

√ Extended Promotion Material

HotForex

XM

(Forex/CFDs)

» XM Affiliate Program

REVENUE-SHARED

$10/Round lot

Bank | Skrill | Neteller

Min Payment: $10

√ Regulated Broker covering clients in case of insolvency up to 20,000 EUR per client (through ICF)

√ No-Deposit (free) bonus for all new traders

√ Good Technology and Competitive Pricing

√ Extended Promotion Material

XM

 

FBS

(Forex/CFDs)

» FBS Affiliate Program

REVENUE-SHARED

$22/Round lot

Bank | Skrill | Neteller

Min Payment: $10

√ Very popular in Russia and in Asia

√ Good Technology and Competitive Pricing

√ Tens of available contests

√ Extended Promotion Material

FBS

 

 

CM TRADING

(Forex/CFDs)

» CMTrading Affiliate Program

CPA

$250-350

Bank | PayPal

Min Payment: $250

√ CopyCat Feature for social trading

√ Good variety of trade platforms

CM TRADING

 

CPA vs Forex Revenue-Share

In general, revenue share is the best option if you are about to refer advanced and professional traders. A CPA deal is the best option if you are about to refer Forex beginnersCPA vs Forex Revenue-Share -Which is the Best Choice for Forex Affiliates?

When a Forex affiliate signs up with a new affiliate program, he can usually choose between three options: CPA, Hybrid, or Revenue-Share.

Defining CPA, Revenue-Share, and Hybrid Affiliate Programs

  • CPA (Cost Per Acquisition)

CPA is a standard commission program that pays a certain dollar amount for every referred trader. The Forex CPA programs start as low as $100 and can be up to $1,000.

The requirements for valid CPAs include:

-Only new customers from accepted countries

-The new client must deposit some funds within a certain period (usually 1 year)

-The new client must trade a minimum of 1.0 lot, some brokers demand up to 5.0 lots

  • Revenue-Share Programs

Revenue-share is a commission-based model where affiliates earn a certain amount based on their clients trading volumes (on a lot basis, where one full traded lot equals 100,000 USD). The revenue-share percentage can be as low as 15%, and up to 50%. The interesting feature is that usually, these programs offer a lifetime revenue, meaning that as long as a client trades you get your commissions (never expires).

The requirements for valid registrations include:

-Only new customers from accepted countries

-Some Forex brokers will not accept to reward trades last less than two (2) minutes. A tiny detail that can make the difference if an affiliate refers a Forex scalper

  • Hybrid Programs

A hybrid affiliate program includes both CPA and revenue share. That means the program starts as CPA and pays a standard cost per acquisition ($50 to $100), and then transforms into a revenue-share program (paying 5-10% of all commissions earned). If an affiliate partner cannot decide which program is the best choice, a hybrid plan is the best option.

The requirements for valid registrations include:

-Only new customers from accepted countries

-The new client must deposit some funds within a certain period (usually 1 year)

-The new client must trade a minimum of 1.0 standard lot, some brokers demand up to 5.0 lots

Welcome Aboard

OnlineForex.biz provides essential information regarding Foreign Exchange trading. OnlineForex.biz works also as an Introducing Broker to the best Forex Brokers around the world. This service is 100% free, as we get paid only by Forex brokers and never by traders.

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