What is a forex affiliate?

Online forex trading is one of the fastest-growing money making mechanisms and, because it takes so little to get started – all you need is a credit card and a minimum cash deposit – it attracts everyone from novices to experienced traders. So what, then, is a forex affiliate? A forex affiliate can provide a valuable way for online businesses, site owners, and SEO experts alike to monetize all aspects of their online presence, from blogs and portals to websites, all while promoting a forex trading tool (the affiliate). Make money through referrals, or by routing traffic to the trading platform.

Etoro Partners		CPA and Revenue Share Available CPA up to $250 depending on the size of deposit from your traders Revenue Share from 25% and upwards
Affiliate Yard		CPA, Revenue Share and Hybrid Available. $100 per supermini account from $250 up to $300 for standard accounts (depending on deposit size) A combination of CPA and Revenue share – the size and percentage depends on the quality of your traffic
Ava Partners		CPA and Revenue Share Deals Available From $100 up to $500 per active trader depending on size of deposit and the quality of your traffic Contact affiliates@avafx.com for revenue sharing deal options

How to find a reliable affiliate

The web is inundated with affiliate sites competing for your business, but some are more reputable than others.  Like any niche program, there are good and bad programs out there, so an important first step is to research the forex broker that the affiliate program is run by; affiliates are almost always offered by brokers. A reputable broker will have been in business for years and have an established online presence. It may be tempting to select a newer forex broker, who may promise a slightly higher commission, but this is a decision that could cost you more in the long run.

Forex brokers may or may not be regulated – it all depends on the country in which the broker is based. A broker that is regulated generally indicates that that broker is established and trustworthy, since it must adhere to standardized guidelines. Does the information on the broker’s website look complete? The more information, the better. Check for details on the company’s history, prominent contact information (an address and phone number0, and financial reports from their own business, if they provide them.

You (hopefully) wouldn’t buy a new car without test-driving it first, and you should have the same attitude toward your forex affiliate. Most affiliates will offer free demos of the trading platform – keep in mind that your long term success with the forex affiliate is based on working with a solid forex broker that has a well-designed, easy-to-use trading platform. These are the things that will encourage potential customers to click through your affiliate link and create a forex account, so don’t feel like you need to compromise if you aren’t satisfied with the platform.

It may be a good idea to try out a variety of trading platforms from different forex brokers in order to see what works and doesn’t work for you. Research how much support affiliates get from various forex affiliate programs by browsing the forums of affiliate webmasters. Keep track of what tools and promotional content are available to affiliates, whether or not dedicated affiliate managers are assigned to affiliates, and what kind of statistics and tracking tools will be available to you.

The best forex brokers recognize that affiliates are the key to the success of their affiliate programs, so the level of dedication and support that they offer tends to be a good indication of which trading platforms are reliable and easy to work with.

The commission structure is the last essential detail that you should research before committing to any affiliate program. Good affiliate programs will typically offer you the choice between CPA plans or revenue sharing plans. Does the program use cookies to credit you for signups that occur after a visitor’s first visit? Does the affiliate program have a minimum threshold that must be reached before they send out payments? What payment methods are offered? As always, be sure to review the fine print.