Do you want to get super high lifetime passive income by becoming a Forex IB? Forex affiliation is a business model that anyone can apply.
Doing affiliate marketing in the Forex niche is pretty similar to the other niches. Except for one very important detail. Commissions are lifetime and much higher than the others. All you have to do is be able to see investors’ needs and deliver them value.
Forex Introducing Broker (IB) or Forex Affiliate is a partnership program offered by almost all Forex brokers, which allows individuals or businesses to get earnings by referring traders to brokers. Partners (you) will start receiving commissions when referred clients open an account and start trading. Becoming an Introducing Broker is simple and straightforward. Learn all about Forex partnership programs right now, right here.
Here you can find the comparison list of brokers, showing their commissions and conditions. Please note that we made special agreements with the brokers for you to be able to get better commission rates.
Here you can find the comparison list shows the commissions and conditions.
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Forex IB commissions vary by your prefered model. There are two main models which are CPA and Revenue Share. We will give an example of the most common and profitable model which is revenue-spread share.
Let’s assume that you earn 10$ commissions (this is average) from 1 lot transaction which is made by a trader who you referred to your contracted FX Broker.
Let’s think about 5 traders who opened standard accounts and were funded.
Referred Clients | Deposit | Trading Volume |
---|---|---|
First client | 1000 | 15 lot |
Second client | 1500 | 10 lot |
Third client | 3000 | 25 lot |
Fourth client | 800 | 15 lot |
Fifth client | 5000 | 40 lot |
🔴 Number of lots (15+10+25+15+40) * $10 (commission per lot) = $1,050 🔴 Or let's assume, the average trading volume of each five clients is as low as 2 lots per day:22 (trading days in a month) * 10 (5 clients * 2 lots per day) * 10 USD (commission per lot) = $2,200 💰 |
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Number of clients | Average trading volume per day |
Forex IB Commission (in a month) |
---|---|---|
3 | 2 lot | $1,320 |
10 | 1.5 lot | $3,300 💰 |
20 | 1 lot | $4,400 💰💰 |
40 | 0.5 lot | $7,040 💰💰💰 |
100 | 0.8 lot | $17,600 💰💰💰💰 |
🔴 Trading volume (lot) of a trader varies depending on Trader personality, Deposit amount and Trading strategy 🔴 Day traders (Intra-day traders) trade an average number of 5 trades per week. 🔴 Long term trades trade an average amount 10 trades in a month |
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You can see above the examples of how high commissions IBs can earn.
If you work on your marketing practices and reach out to high volume traders, you can make special partnership agreements with Forex Brokers, hence you can get higher commissions, special benefits and valuable presents.
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First of all you choose companies (XM, HotForex, FXTM etc.) that you will promote and then you need to make IB agreements with them.
Meanwhile companies will ask you about how you will reach your clients. Options can be via website, social media, seminar/webinar, face to face communication and such online and offline channels.
In our conversations with brokers, they say that a significant part of their profits are made by IBs. That's why they give so much importance to IBs. Therefore your IB applications will likely be approved shortly.
You will complete the most important step when traders register by using the link provided to you by the Forex Broker (so that it’s possible to prove traders registered by you).
In your affiliation panel, you can track your commissions which are automatically added by each transaction that your clients made. When you reach the withdrawal limit you can transfer your earnings to your bank accounts, Crypto (BTC, ETH, USDT, etc.), Skrill, Webmoney or other digital wallets.
No matter how competitive this niche may seem, good work has a snowball effect, it keeps leading to more success! Just keep doing what you are doing. Everything will make more sense with the increase of the commissions and the number of new clients on the IB panel.
Traders would like to see the pros and cons, general information, real trader experiences while looking for a forex broker. Hence we suggest you focus on reviews and comparisons.
You can shoot videos and write articles to introduce the forex broker and publish them on your website, YouTube channel, social media accounts. Then you can use digital marketing to reach traders. Also Google Ads and email marketing channels are allowed. In addition, you can create groups on WhatsApp, Signal, Telegram. If you have solid finance knowledge, then you can share “forex signals” on each platform.
On the offline channel, you can arrange webinars or forex training seminars. Often, the brokers support face to face event costs, after which you can get attendees to register under your IB account. This channel provides direct and physical contact with the traders so that the registration rate is pretty high.
As a partner, you will be the first to know about the promotions and opportunities offered by the companies periodically, and you can gain new clients by sharing this information on your prefered channel.
Sky's the limit. There are almost no restrictions. Brokers support almost every idea suggested by IBs. Never hesitate to share your ideas with account managers.
The commission models offered to IBs may differ from company to company.
In the CPA model, a trader opens an account, when the broker conditions are met, the IB gets a one-time payment up to $800. The condition differs from broker to broker.
Revenue Share or Spread Share model is transaction-based commision model. Affiliates (IBs) make profit by each trade that clients make (regardless of gain or loss). It's the most prefered model because it's for lifetime! Unlike CPA, there is continuous profit as the traders in your network keep trading.
Hybrid is a low commissioned model which integrates CPA and Revenue Share commission models.
According to our experience the most profitable return can be made from the Revenue Share model. While it’s hard to fulfill prerequisites of CPA and Hybrid models, there is no prerequisite for the Revenue Share model which makes this model the most preferred and sustainable one.
As an IB, you should find the best brokers for your clients, NOT only the high paying brokers. It would be logical to promote popular brokers in your target country. Well-known companies have the highest CTR (click through rate) and hence it would be easier to promote them. It would be advisable to make sure the broker accepts clients from your target country.
The worldwide 2021 forex market is worth $2,409,000,000 ($2.409 quadrillion). On average, $6.6 trillion is traded everyday on foreign exchange markets. This is significantly higher than the previous analysis done by the Bank for International Settlements (BIS) in 2016 when the market was valued at only $1.934 quadrillion dollars.
Every day new traders register while millions of investors trade actively. According to our analysis IB population is quite low. You can get prepared and start to lead new investors now!
💰 Revenue: | Unlimited & Life Time |
💰 Partnership Types: | CPA & RS |
💰 Any cost? | Free of charge |
💰 When can I start? | Right NOW |
According to our experience, IBs focus on certain details when they try to make a decision on which brokers to choose and promote.
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Forex affiliate marketing is similar to other affiliate marketing methods. It works with an affiliate link and also with your id number.
Forex is a competitive market, but millions of potential clients are still looking for reliable brokerage firms.
You know what affiliate is. If you have a website or any other channel to promote a product or service, you can just put your links and wait to get some conversions.
Introducer Broker is basically one step higher than affiliate. Becoming IB means adding more value to the clients and your partner brokerage firm. It represents a long-term relationship also, better commission rates.
The “affiliate” term is mostly based on the CPA model.
CPA is known as Cost-Per-Acquisition or Cost-Per-Action. In forex, CPA deals are quite high. The average CPA payout is around $500.
But the conditions are a little bit hard. First, a client should register through your link, fund his/her account, reach up to the required trading volume then finally you get the CPA offer.
This is the only and maximum payout you can get from a single client. But in the Revenue Share model, the payouts are lifetime and unlimited.
As we have already mentioned, the average CPA offers are around $500. Even so when the conditions get complicated and tough, you may get better CPA offers from brokers. What does it mean?
For example, when a client registers with your link and makes a deposit for $1,000 you can get a $100 commission. But if you want a higher CPA offer, your client has to achieve more goals like funding $2,000 and trade at least 10 lots.
Every brokerage firm has its own web dashboard. The data(Clients, lot, registration date, commissions, balance) shared by some is quite transparent, but this is not the case for all brokers.
Generally, you will see how many clients clicked your link, how many of them funded and the commission you earned.
In general, payments are made on a weekly basis and the withdrawal limit is around $50-$100.
It's to an affiliate program. But the affiliate manager will ask how you will refer clients to the brokerage firm.
So basically, you have to have a website, social media account, instant messaging group or direct relationships with the investors.
After making your plan, you are free to use any platform, such websites, blogs, forums, social media platforms, email marketing, PPC (except brand keywords), seminars, webinars, whatsapp/telegram/signal groups, offline activities, or any other method.
Any method is allowed and the shortest cookie duration is one month.
So far we have explained Forex Affiliation and its various details. From now onward we will focus on how the values Forexaffiliate.net can add to your life. If you desire to enrich your life standards by a sustainable passive income as a financial source where only you define the working modality, Forex Market within Affiliate Marketing meets your expectations in the best way. Revenue Share affiliate model provides you financial freedom by ensuring you have a lifetime income. You can obtain the life standards you aim for in a relatively short time by networking through different actions with the Revenue Share model. The Revenue Share Model assists you to see the world through a different lens with right brokers, right channels and accurate information.
If you know what you are doing, you can make a good amount of money.
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If you are ready, start this job that will change your life right away!