Now let’s take the first step to becoming a forex affiliate: signing an affiliate agreement with a forex broker.
Don’t worry, it’s not as difficult as finding a job.
Just register your personal information on the forex broker’s website as a forex affiliate and complete the KYC process.
All you need for KYC is an ID card or passport and a document that verifies your address, such as a bank statement or utility bill.
You can become a forex affiliate in as little as 5 minutes.
So, which forex broker affiliate program should you join?
The requirements for a successful Forex affiliate program are as follows
- Lot rebates (not CPA)
- High leverage trading
- Various bonuses offered
It is important to choose a lot rebate IB program in order to maximize your commissions in the long run.
Also, when using the lot rebate system for affiliate marketing, you should choose a broker that offers high leverage trading, as it is better to get traders to trade in large lots.
Some brokers licensed in countries with less restrictive trading regulations offer high leverage trading of up to 1:1000, 1:2000 and 1:3000.
The advantage of high leverage is that it allows traders to trade large lots with small amounts of money.
As trading volume increases, more affiliate commissions can be expected.
In addition, it is best if the forex broker offers a no deposit bonus or welcome bonus offer when opening a new account, as the closure rate will be higher.
In fact, there are not many brokers that meet all these requirements and it can be time consuming to find them.
So start by signing up for the forex affiliate programs of all the brokers listed below.
It will be your best choice.
Forex Broker | Maximum Leverage | Bonus Offer | Commission |
---|---|---|---|
XM.com | 1:1000 | ✅ | Up to $25 Per lot |
FXGT.com | 1:1000 | ✅ | Up to $16 Per lot |
RoboForex | 1:2000 | ✅ | Up to 85% of average spread +20% From swap values |
FBS.com | 1:3000 | ✅ | Up to 43% of spread |
Popular forex brokers vary from country to country and region to region, so it is better to give traders a choice when signing up for and offering different types of affiliate programs.
If I find other good forex affiliate programs, I will introduce them to you.
Now fill out the affiliate application and wait for approval from the Forex broker.
After approval, you will receive your personalized affiliate code.
From that moment on you are a forex affiliate.
Take the first important step now!
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