What is a Forex Affiliate Program?

An affiliate program is a marketing strategy wherein an individual refers other people to a business for a financial reward. Affiliate marketing is usually done through banners, recommendations and other such marketing collateral. In forex trading, affiliates refer prospective traders to brokers that offer online forex platforms. The affiliate program works when a prospective trader clicks on a banner or link advertised by the affiliate marketer and goes on to register with the referred broker. In turn, the broker considers the trader as the client of the referring affiliate. An affiliate can be considered as a type of Introducing Broker (IB).

Types of commissions

• Cost Per Acquisition(CPA) - Also known as "Cost Per Action", CPA payments are payable to affiliates when a qualifying client deposits the minimum deposit amount and meets the agreed minimum client activity requirements. You will receive a one-time payment for every new referred client.
• Revenue Share - With a revenue share plan you will get a percentage of the net revenue generated by your clients will depend on the total trading revenue generated each month.
• Lot Rebate Commission - Rebate commission is received at a fixed rate for each lot a client trades. The structure can be scalable depending on the accumulated net deposits of your active clients.
• Sub-Affiliate Commission - Get paid a fixed percentage of your sub-affiliates performance.