This broker offers a CPA affiliate program that pays between $100 and $800 for every trader an affiliate signs up. Thus, one request could take 5 days, 10 days, or two weeks to get approved. Not only did this situation take up a lot of time and resources, it still did not prevent the company from making mistakes. A system of quick notifications pinging the team about new requests was set up, and the request statuses became visible in the CRM.

Our introducing brokers are compensated for all buy/sell activities of the traders they shepherd to our platform. As an IB, your earnings are calculated on a rebate basis with no upper limits, meaning your referrals can literally grow your fortune. Our introducing brokers are compensated for all buy/sell activities of the traders they shepherd to our platform.

  • To make a profit, traders must make accurate predictions about market behavior and currency movements, preempting these changes to profit from the buying and selling of various currencies.
  • Ok, you now understand what forex affiliate marketing is, how it works and importantly, how you’ll make money.
  • On the other hand, you have nothing to lose in case of a bad choice, since IBs are only paid for each client they attract.
  • You can set your payout terms and the conditions for approving or rejecting commissions.
  • However, you’ll need to pay $100/day for any custom changes to the application.

Let’s take a look at some of the best of these programs and discuss what each can offer affiliate marketers. Let’s take a closer look at what Forex trading is and at some of the best programs available for affiliate marketers. FxGrow IB partnership is one of the best introducing broker programs out there. That’s because you can bring in as many traders as you can and rake in money in rebates for every trading operation. In other words, your earnings go up in direct proportion to how many people you introduce.

How can you benefit from Forex affiliate networks?

In the previous article, we wrote that UpTrader Forex CRM has a useful system for controlling fund deposit and withdrawal. In short, it allows you to flexibly configure the approval settings for withdrawal requests though a variety of parameters. All these settings are extremely useful and allow the broker to protect themselves from many unpleasant situations.

RoboForex provides for its clients best promotional offers on financial markets. For the right affiliates they’ll do anything they can to help you succeed, including special promotional offers, dedicated landing pages or unique marketing funnels that will convert your traffic best. Forex affiliate programs can use suitably vague language to sound good but not actually offer anything. Context matters, especially with Forex affiliate marketing and commission rates. Just bear in mind that to earn that you’ll most likely have to refer a new customer who has around $25k to deposit.

This means that in some ways, recruiting the right IBs is a numbers game. The main problem here is that you can choose partners very carefully, but there is still no guarantee that they will bring you profit. On the other hand, you have nothing to lose in case of a bad choice, since IBs are only paid for each client they attract. Explore multiple partnership models that other brokers use, their working conditions and introducing broker fees.

The Top Forex Affiliate Programs with the Highest Payouts

A report by Influencer Marketing Hub found that affiliate marketing is currently a $14.3 billion industry. Forex brokers are eager for new customers, and they’re willing to pay investors who can help them find new accounts. A growing number of forex brokers now offer affiliate programs, which offer cash bonuses for every new trader who signs up for an account and starts trading. You can set your offers and use the Rules tab to create criteria for accepting affiliates. The Overview tab shows you at a glance your number of active affiliates, the number of sales made, as well as the commissions earned and paid within a chosen period.

Over to You: How to Promote Forex Affiliate Programs

So, affiliates can rack up a lot of referrals quickly to boost their overall commissions. Option two is a revenue share plan that gives affiliates a 20% cut of trading fees from every trade that a referee makes. Affiliates earn the same 20% cut no matter what country the referred traders are from or what instruments they trade. The exact amount an affiliate earns depends on the country that the referee is from.

Be sure to pick a forex affiliate program that provides innovative tech, such as “MetaTrader 4” and “MetaTrader 5”. They’ll also want to see a platform that offers money back on lost trades. Even with regular Forex affiliate programs, you can track your performance, receive fast payouts, and receive free marketing and training tools. As a certified Stripe partner, this SSL-encrypted software only creates affiliate programs using the said online payment processing platform. Affiliates should firmly believe that the forex broker they’ve 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.

The company asked us to change the names of the client and the manager and not to mention their own name, but allowed us to tell their story in detail. Join 1000’s of digital marketers who want to keep up to date with Affiliate Marketing trends across all verticals. Sign up to our weekly Newsletter and stay updated with all our industry news, insights and interviews. 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.

Today we will focus on the first type, namely introducing broker programs, since this is the easiest and the most effective way to attract new customers with minimal costs. Reseller programs, where the reseller sells products as if they are his own. Client gets services from the reseller and doesn’t deal with the main company at all. AvaTrade is an award-winning broker that is regulated in a range of worldwide jurisdictions.

This is different from other forex tools because it doesn’t rely on lagging indicators or generic algorithms. It uses a sophisticated algorithm that scans the market and finds the best trades based on pure price action. It also has a very user-friendly interface that makes it easy to use for beginners and experts alike. You don’t need us to tell you that trading in the financial markets can be very profitable. Better brand awareness and recall
Affiliate software lets you create a promotional link carrying your own domain name. On the other hand, affiliate networks have their own URLs attached to such links.

This may influence which products or services we review (also where and how those products appear on the site), this in no way affects our recommendations or the advice we offer. Our reviews are based on years of experience and countless hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services.