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The Best Forex Affiliate Program in 2022
Probably, someone is yet to understand or experience affiliate marketing. The fact is that the affiliate market industry is exceptionally vibrant and populous. Traditionally, affiliate marketing was only for physical products but has extended for forex trade. An affiliate marketer gets given a unique link to share with their audiences. When someone signs up using your referral link, you’ll get a commission that is agreed upon before you start marketing the forex company. Forex affiliate programs are a good business opportunity for those who have means of reaching interested customers.
A forex affiliate refers to someone who by any means promotes a Forex platform and earns commission from sign-ups. Others call it a broker affiliate program and usually comes with attractive commissions.
Benefits of Forex Affiliate Programs.
- Marketing a forex platform doesn’t require you to deposit money into the Forex account.
- It is a good business if you are on a low budget because of a low upfront fee.
- You aren’t limited on where to promote your affiliate link. ie. Blogs, social media, and websites/guest posts.
Best Forex Affiliate Programs for 2022.
The internet offers thousands of forex affiliate programs you can use to earn a forex affiliate commission. Though some are there to scam innocent investors, genuine ones will compensate for your efforts. The legit platforms also differ by the commissions they offer and as well as trading resources. Below is the list of our top 5 affiliate programs in Forex market:
1. AvaPartner Affiliate Program.
AvaPartner is the leading forex affiliate program and is used by over 200,000 active traders across the globe. They use advanced technologies and offer educational programs to their clients. This program enjoys exceptionally high retention rates from different forex trading companies. Clients also enjoy personal customers support when they join this affiliate program.
Their monthly trading volumes get somewhere above $60 billion and continue to grow at unmatched rates. When you refer new clients to this program, you’ll be rewarded with amazing commissions. The program has paid its affiliates and partners commissions exceeding $100 million since its initiation in 2006.
Customers love it for high commissions and flexible payments, multiple commission plans, and high conversion.
2. FxPro Affiliate Program.
FxPro is a great introducer forex affiliate program that allows marketers to pocket up to 62.5% spread revenue from your referrals. The program offers several earning options. This gives marketers an option to choose a plan that suits their business needs or preferences.
As the company’s business partner you can opt to be in the FX Minor, FX Exotic, or FX Major category. Affiliate marketers earn commission based on the trading volume of their affiliates. When your referrals trade $1 million, you’ll get an average commission of $40.
The company also offers a classic affiliate program that allows marketers to share special links and gain commission from their referrals. When you sign up for the FxPro affiliate program, you’ll get commissions up to $1,100 per referral depending on the accounts they deposit in their FxPro accounts.
FxPro’s main focus is to avail required resources to help you succeed in your forex marketing strategies. They offer banners and other useful materials to use on your blog sites or business websites.
3. e-Toro Affiliate Program.
If you love and enjoy doing copy trades that were initiated by other traders, consider signing up on e-Toro. To date, their partners’ program has paid over $400 million as commission to affiliates. e-Toro forex trading platform is available in over 20 languages. This platform has more than 20 million users from various parts of the world.
Registering on the eToro Partners network gives you access to several free professional tools. The affiliate program offers efficient customer support. This ensures all client issues related to the use of the platform or commission plans are handled with efficacy. Each client is assigned an affiliate manager to respond to all your problems.
4. FXCM Affiliate Program.
Beginners who can’t afford affiliate fees can go for this special forex affiliate program. However, an affiliate account on this platform takes some time to be reviewed. The company takes up to five working days to respond to your account application.
You must be of at least 18 years of age to be allowed to create an account on this platform. Customers are also expected to explain the ways they intend to use to drive traffic to the links they receive. FXCM accepts traffic from mobile applications, websites, and blogs. If you choose to use blogs for marketing the FXCM platform, they must be related to the financial or forex trade industry.
The company has a group of specialists whose responsibility is to review the information provided by those registering for new accounts. They can either approve or reject your application depending on how well you present yourself against the selection criterion. Approved applicants can sign into the company’s Affiliate Management System. This is where you access their affiliate tracking tools and other marketing resources.
5. Traders Union Affiliate Program.
This is another affiliate program that allows customers to earn returns from up to three brokers at a go. Traders Union has partnered with over 100 forex trade brokers to give clients a wide room for preferred brokers. You will earn commission regardless of the broker the trader you refer will choose. When you sign up for this program, you’ll enjoy high average returns and multiple promotional materials.
Final Thoughts.
Despite the popularity of forex affiliate trading, choosing a reliable affiliate program is the only way to guarantee profits. You need to research each platform to understand various aspects of its affiliate program. Find out the requirements for joining the affiliate program, the commission offered, and their payouts. Don’t forget to read through each program’s terms and conditions before you sign up on their platform. Sometimes, you may come across unfriendly terms and hence opt for another program.
With the above list of the most trusted forex affiliate programs you can use in 2022, we believe that you’ll be in a better position to perform your forex marketing. Ensure to choose a program that meets your needs. All the best!