It’s certainly interesting that both advertisers and affiliates have something good to gain from each other! However, I am pretty sure that there are still some disadvantages of Forex affiliate marketing, which will be discussed in this post. Further, Forex affiliate marketing can lead to increased customer loyalty. Since there is a direct relationship between your website and the merchant’s website, you are essentially increasing the perceived value of their product or service.
What caught my eye about them is how much information they offer prospective clients – their site is a literal tutorial in Forex trading. The latter is what happens behind the closed doors of massive Forex brokers. The former is what your audience is looking for – a broker that deals with the general public. As of right now, over 25,000 traders have been trained by this coaching team, so they’re obviously doing something right.
What Are The Best Forex Affiliate Programs?
Judging from the many review platforms, most customers are quite happy as the average rating is over four stars out of five. AVA Trade is major global Forex trading platform headquartered in Dublin, Ireland. The company was founded in 2006 and has grown to become a global trusted trading platform.
Traders can work with Forex as well as stocks, bonds, ETFs, and commodities on contracts for differences (CFDs). Swissquote is a Switzerland-based trading group that specializes in online financial and trading services. The company has offices in six other countries including Hong Kong, Singapore, and the United Kingdom. Admiral Markets is a trading platform that allows users to trade Forex, contracts for differences (CFDs), metals, stocks, and exchange-traded funds (ETFs). The platform operates globally and is licensed by regulators in the United Kingdom, Cyprus, Estonia, and Australia.
Instead of being a broker or software provider, the website is geared towards traders who want to learn more about the brokers they trade with and how reputable they are. The platform offers investors access to markets including FX, indices, commodities, cryptocurrencies, and others. Some of the benefits, aside form the zero-commission trading, include market analysis, educational guides for beginner investors, and more.
Sign up for the Vantage forex affiliate program to start earning money on every referral. Affiliates are allowed to sign up for affiliate programs with multiple brokers. This can be a good way to recommend one broker for forex trading, another for commodity trading, and another for crypto trading. Affiliates should firmly believe that the forex broker they’ve forex affiliate traffic partnered with is the best broker available for the traders they’re referring. So, it’s important to consider a broker’s overall quality and offerings, not just the quality of the affiliate program. Having access to marketing features like these can help affiliates refer more traders to a broker, which in turn increases the affiliate’s commission payouts.
It all depends on how many leads you generate for your affiliate partner and how many of those traders actually end up depositing money with the broker. Once you are approved as an affiliate, they will give access to a variety of marketing materials, such as banners, text links, and email templates. You can then use these marketing materials to promote your forex referral program on your website or blog. Revenue sharing programs offer much smaller payments over long periods of time. These programs can end up paying out more per trader than a CPA affiliate program, but affiliates need to be patient. Importantly, traders who sign up using a referral code never pay more in trading fees.
Having a mentor can dramatically improve your skills in both professional and personal settings, like learning how to trade in currency pairs. The PPT Methodology is a proprietary system that combines price, pattern, and time analysis to identify high-probability trade setups in any market condition. Pretty self-explanatory, hybrid commission is a combination of any of the above commission types. They provide their clients with access to top-tier liquidity and advanced trade execution with no dealing desk intervention.
You are unable to access algo-affiliates.com
However, the reputation of the company can help with driving more referrals. The company is licensesd and regulated in the Republic of Mauritius and offers over 300 financial instruments. It should be noted this is a global platform but does not offer services in the United States and some other countries. Their affiliate program promises solid returns through a cost per action of up to $700. The program is managed in-house and offers unlimited earning potential along with incentivised bonuses.
Try and look for Forex affiliate programs that pay out no less than once every month. Ideally, you want to be paid out at least once each week but that isn’t always possible. However, more than once each month, and you will likely find yourself struggling to balance the books. Next, take into consideration how often the affiliate program pays you commissions. The key thing you need to remember whether you run a niche or authority site, popular YouTube channel, personal blog, or social media following, is that you run a business.
Real time reporting tools and performance tracking
The broker also offers bonuses to incentivize its top affiliates, although it’s not fully transparent about how to achieve these bonuses. Exness offers one of the highest payouts of any forex broker CPA affiliate program. When affiliates refer a new trader to Exness, they earn a commission of up to $1,850. Eightcap Partners is another one of the best forex brokers offering a highly profitable affiliate program. With this program, affiliates can earn a $6 commission on every lot that a referee trades.
- Vantage offers a commission of up to $800 for every trader than an affiliate signs up and has lots of resources to help affiliates succeed.
- Affiliates join eToro’s partners program which comes in three distinct tiers.
- XTB is another top forex broker with a very attractive affiliate marketing program.
- AvaTrade also has thousands of instruments available to trade, including vanilla forex options.
- So, how do affiliates get on when promoting this Forex affiliate program?
- BlackBull Markets is a New Zealand-based broker that supports Forex, index funds, commodities, precious metals, energy, and share trading.
Forexmentor is one of the oldest Forex training platforms around helping new traders learn the fundamentals. At the time of writing the platform worked with two specific offers, Libertex and All-in-One Crypto. Libertex is a broker that supports Forex, commodities, crypto, and over two hundred unique financial instruments. Forex Mentor is a training program that aims to help traders overcome the challenges and pitfalls of forex trading. It was founded in 2003 by Peter Bain, who saw the need for a reliable and honest source of forex education in a market full of scams and misinformation. The Infinite Profit System is is a forex trading platform and training program by Tradeology, a reputable forex systems company with over 10 years of experience.
Final Thoughts: Best Forex Affiliate Programs
2) Once you have your account set up with the Forex broker affiliate program, it’s time to create your marketing materials. This includes your website, landing pages, email marketing templates and any other promotional materials you may need. However, some brokers require opening a website first, and upon the traffic, they give approval. Once you have chosen a broker, it is important to learn as much as you can about forex trading. For example, reading price charts and understanding indicators, and also studying the news and economic events that can affect currency prices. The more knowledge you have on forex trading, the better equipped you will be to promote your affiliate program and attract potential traders.