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 |
FBS (Forex/CFDs) |
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 |
|
CM TRADING (Forex/CFDs) |
CPA $250-350 |
Bank | PayPal Min Payment: $250 |
√ CopyCat Feature for social trading √ Good variety of trade platforms |
CPA, Revenue-Share, and Hybrid Affiliate Programs
This is some key information regarding the incentives and requirements of each program.
- 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.
Requirements for valid CPAs: The new client must deposit some funds within a certain period (usually 1 year) and trade a minimum of 1.0-5.0 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).
Requirements for valid registrations: 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.
Requirements for valid registrations: a combination of the above requirements (CPA and Revenue Shared)
The Ideal Forex Affiliate Program
The real profits when joining an affiliate program, especially as an IB, come from the long-term commitment of your referred customers. In other words, success comes from your customer’s satisfaction. These are a few characteristics forming a good Forex Affiliate program:
(1) The easy Registration process and clear incentives
(2) Reliable Affiliate Links with IP tracking
(3) Real-Time statistics for your referrals
(4) 24/5 live chat support, and a Personal Account Manager
(5) Allows withdrawing commissions via a variety of methods (including wallets)
(6) Offers a low limit for withdrawing commissions
(7) Reliable services to ending customers (safety of funds and reliable transactions)
(8) Competitive pricing, so that advanced and professional traders will be attracted
■ Compare Forex Affiliate Programs
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