Affiliates earn the same 20% cut no matter what country the referred traders are from or what instruments they trade. Forex affiliate marketing typically entails signing up and receiving a referral code. This is a code specific to one affiliate that the broker can use to track which traders signed up because of that affiliate. To count, referees must enter the affiliate’s referral code during the sign-up process. Forex affiliate programs (like other investing affiliate programs) can be a phenomenal and highly lucrative way to make money. However, great judgment needs to be excercised due to the nature of the industry and the potential for fraudulent or shady companies to rip off your referrals.
Additionally, the program provides a range of marketing materials to boost its affiliates’ strategies, including banners, landing pages, logos, and other marketing materials. Let’s take a closer look at what Forex trading is and at some of the best programs available for affiliate marketers. Another disadvantage of Forex Affiliate marketing is that, in order to make decent money, you pretty much have to spread the word about every single opportunity out there.
The 5 best Forex affiliate programs
Affiliates just need to share their referral code when they recommend a specific broker. Anyone who runs a trading website can embed their referral code in an affiliate link, making it even easier to capture referrals. Commissions also vary based on what country the referee is from and whether their first trade is for forex, crypto, or stocks. Option one is a CPA program that pays a commission of up to $600 for every trader an affiliate brings to XTB.
AvaTrade is one of the best low-spread forex brokers, so it can take a while for fees to add up. But the revenue sharing agreement is good for as long as a trader remains an AvaTrade customer, so this is a great deal for affiliates who are in it for the long term. Referees only need to make a minimum deposit of $10 to generate a commission for affiliates. The minimum deposit to earn the maximum commission is generally $500-$600, depending on the trader’s country of residence.
Tips To Successfully Promote Forex Affiliate Programs:
Some of the programs we stumbled on in our research were hilariously bad. Since 2003, Forexmentor has been offering high-quality training and mentoring resources to the Forex trading community. TradeEU makes the trading experience open to all and as easy-to-use as possible. BlackBull Markets is a true ECN, No Dealing Desk brokerage specializing in Forex, CFDs, Commodities, Fibre Optic Communications, and Fintech solutions for a global clientele. They have a rating of “excellent” on TrustPilot from customers since they launched in 2016.
Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We verify some of our data for quality control but there are slight variations occasionally. We are not liable for losses that resulting from the information provided on our site.
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That’s in line with the requirements of other CPA programs, but it’s nice that affiliates can earn even for traders who are just testing the waters with a small deposit at Exness. The exact amount an affiliate earns depends on the country that the referee is from. So, traders who want to earn more can focus their marketing efforts on Tier-1 countries.
Paid ads are often abused by traders who quickly sign up, get the bonus and run away. You don’t have to sit in front of your computer all day monitoring the markets; your affiliates will do that for you. One of the main benefits of Forex affiliate marketing is that it can lead to increased revenue. This is because when you become an affiliate, you are essentially sending traffic to a broker or merchant’s website. When someone buys an account through your link, you earn a commission on that sale.
CPA
Affiliates can also earn a rebate of $15 per lot on their referees’ trades. All together, IronFX’s offers have the potential to earn affiliates a lot of money. Affiliates receive daily payouts via bank transfer or e-wallet, and they can easily track their leads and commissions using a statistics dashboard. XM offers payouts weekly instead forex affiliate traffic of daily, but the withdrawal minimums are low and there are many payout options. The broker offers a very attractive revenue sharing deal, giving affiliates 50% of the trading fees generated by their referees. Option two is a revenue share plan that gives affiliates a 20% cut of trading fees from every trade that a referee makes.
- Forex affiliate marketing typically entails signing up and receiving a referral code.
- Or you can check out the Forex affiliate programs we researched for you.
- What really sweetens Vantage’s CPA program is the broker’s monthly bonuses for top-performing affiliates.
- This article will ultimately take you through the top forex affiliate network and how to get started with them.
- You should also use social media to promote your content, interact with other traders, and build relationships with potential customers.
- One major benefit to revenue sharing programs is that they deliver recurring commissions from existing referrals.
The network works solely with traffic providers that generate traffic through Google Ads, SEO, Facebook, and email campaigns. Eightcap has won multiple awards in the areas of customer service, educational support, and trading experience. Their team combines the best practices of finance market leaders with modern technologies to satisfy the needs of retail and institutional clients. If you want even more, check out our Elevate Summit where you can access over 14 hours of talks, panels, and workshops from industry experts. If you’re looking for more content and marketing insights, be sure to take a look at our blog, or for a more personalized approach, book a free call with a member of our team.
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In The Money Stocks is a publication geared toward helping traders beat the industry spread. Founded by renowned traders Gareth Soloway and Nick Santiago, the website has grown into a powerhouse of information and education. When you buy something through one of the links on our site, we may earn an affiliate commission.
The Auto FX Pro affiliate program offers a generous commission level of between 20% and 30% depending on how many referrals you direct to the company. The easyMarkets platform allows for the trading of currencies, indices, cryptocurrencies, metals, commodities, and more. Users can be reassured by the extensive history of the company and high ratings on sites like Trust Pilot. The Exness affiliate program offers a generous compensation of up to $1,850 per referral that signs up and makes a deposit. The Swissquote affiliate program offers a CPA of between 500 and 800 Euros each month. You can benefit from multi-lingual marketing materials in seven different languages and advanced tracking for improved attribution.
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If you have any issues, don’t worry, you can sign up for a different payment method or choose a different affiliate program. Along with Forex, the Libertex platform allows for investors to trade ETFs, crypto, metals, stocks, indices, and more. Users can benefit from features such as extensive educational materials, news, economic calendars, and other resources designed to help clients. Some of the services offered by FxPro include Forex, futures, indices, metals, energies, crypto, and more. They offer various tools such as Forex news aggregation, economic calendars, and many others to help investors. Tradeology is another educational platform with a plethora of courses and guides to help aspiring Forex traders learn the ropes.