One of the most lucrative investments you could ever make is in the forex market – but so is becoming an affiliate forex marketer.
Forex affiliate programs have today become increasingly popular, largely because they present new marketing avenues for brokers. That is not, however, all they can achieve. A high-quality forex affiliate program gives traders a second income stream that generates good profit margins.
Considering the many available options in regards to forex partnerships, it pays to know how it works and how to choose the right forex partner.
The present post, therefore, seeks to demystify the forex affiliate marketing landscape while giving you useful information and tips for successful trading.
What is Forex Affiliate Marketing?
In a forex affiliate program, your task will largely be to refer potential customers to a particular trading platform, or a trading site. Whenever a new customer joins the service using your link, you earn a commission through the referral.
The payment structure for forex partnerships varies from one platform to another. The key is to select one that offers good rates of commission, flexible payment options, available rewards, as well as payout terms to name a few.
Moreover, the situation is further obscured because the term “forex affiliate program” is often used as an all-encompassing term that covers all types of affiliate partnerships, including those where you introduce people from your network to the broker, without the process taking place necessarily online.
Making Money with Forex Affiliate Programs
How much you will earn in forex partnerships largely depends on your effort as a marketer. However, different platforms have various compensations, and of importance is to find one that comes with an impressive set of attributes.
As mentioned earlier, you earn commission through referrals – that is, introducing new prospects to the trading site or platform. You must, therefore, heavily market it for a good number of prospects.
This is why it is usually easy money for those with well-established names on social media including YouTube, blog sites, or other influential platforms.
Although the pricing structure differs by brokers, the common thing they all have is that they work on a basis of cost per action (CPA) or Revenue share. Through the main platform, the click-through are automatically tracked, and this is what determines your commission.
It is also worth noting that the minimum amount of commission differs as well. Some brokers have a fixed amount, but in some cases, you can receive the commission as a percentage of the traded volume.
Choosing the Best Forex Affiliate Program
When considering the best forex affiliate program, always go for a reputable broker with a good track record. Their earnings must be substantial and most importantly, they should be a reliable partner you can always trust.
Go for a partner with clear withdrawal conditions – one that has a reliable liquidity provision, safe holding of your cash, and one who is always available on call to offer support and guidance when you need it the most.
For support, check whether your partner offers 24/7 assistance and confirm their preferred methods for seeking assistance.
Why MTrading Offers Competitive Forex Affiliate Marketing
Mtrading is a platform that caters to the needs of everyone in the forex market. Whether you come as a team or are a single blogger looking for a passive source of income, MTrading has got something specifically tailored for you.
MTrading’s affiliate program guarantees a set of facilities and instruments that empower you to earn as much as possible regardless of location, nationality, or traffic sources.
Additionally, MTrading provides comprehensive resources for new entrants in the market to utilize and earn better profits.
Other reasons why you should consider Mtrading includes:
- Round-the-Clock Support – They are available 24/7 for all its affiliates and are more than ready to offer technical, financial, or any other issue related to your affiliate marketing.
- Ready-to-use Resources – The materials include ad banners, landing pages, as well as all the necessary instruments you require to increase your conversion rate.
- High Payouts – MTrading offers affiliates two payout models, but whichever method you choose, decent profits are guaranteed. So far, MTrading has paid over $33.1 million to its partners! That’s some good money, and you can even totally rely on the program as a full-time job!
- Weekly Withdrawals – You get paid instantly, every week using any of the available payment gateways.
- In terms of financials, Mtrading also helps you, your business, and your audience grow together without direct involvement. This has been enhanced by the automated commission and rebate calculation, IB account nomination for any currency, detailed reporting feature with reward insights, and referral stats.
Other benefits you will enjoy with MTrading include the sponsorship of seminars, marketing support, and promotional material. There is also a possibility of getting flexible individual conditions.
Ready to start your forex affiliate marketing with MTrading? You can automatically become a partner here today.