What are Forex Affiliate Programs?
Forex broker affiliate programs are a form of marketing that these companies use to promote their services and acquire more clients (traders) who open accounts and deposit funds with them. Basically, what these programs do is pay money to individuals or companies (affiliates) to advertise the services of a specific broker in such a way that they get new clients to register, open a trading account, and invest in the market through this financial services company.
In this way, it is the affiliate who is responsible for promoting the broker’s services in the way they see fit, being able to obtain very high profits. In fact, many people who do not invest in the Forex market and who do not even understand how this and any other financial market works are registered in these affiliate programs and are earning quite a bit of money. This is how there are people who want to take advantage of the enormous potential of Forex and other similar investment instruments to generate profits, but do not have the preparation, time, or inclination to trade in it, so they join these affiliate programs and promote these brokers that use this medium to get more clients in an increasingly competitive sector.
Commission Systems of Affiliate Programs
These affiliate programs have four business plans through which their affiliates can earn:
- CPA: This is a commission structure through which the affiliate receives a one-time payment for each trader who opens a new account, deposits money, and trades. The amount of this commission depends on each broker but can be up to $200 for each new client.
- Revenue Share: Through this modality, the broker shares part of the profits it obtains with the traders who opened an account through the affiliate. In this case, the broker pays a percentage for each operation performed by the referred investor, which can reach up to 25% depending on the company.
- Hybrid: This system is a combination of both CPA and Revenue Share. The affiliate receives a fixed payment for each trader who opens a real account, deposits, and starts trading. Likewise, they receive a percentage for each operation that affiliate makes. In my understanding, this is the best payment option for an affiliate as it increases the possibilities of obtaining profits. The hybrid modality logically provides a lower percentage of commissions for both modes than what is given separately.
- CPL: This is the modality that offers the most facilities to obtain profits, since referred clients only need to complete a free registration form with the promoted brokers for the affiliate to receive their commission, without the need for a prior capital deposit in the opened account. Of course, the payment is lower than the previous payment forms.
- 2nd Tier: This is a quite interesting option offered by some affiliate programs as it allows multiplying the earnings of their members by promoting the same programs. It basically pays a percentage for referring other people who want to join the program and start promoting the associated Forex broker(s).
List of Forex Affiliate Programs
Below, we show a list of recommended affiliate programs that promote regulated and recognized brokers with good reputation. In all cases, these are proven programs that actually pay their associates.
| Program | Promoted Broker | Payment plans | Level II Affiliates | Minimum payment | Complete review |
| RoboForex Affiliate Program
| -RoboForex | -CPA: No. -Revenue Share: Yes. -Hybrid: No. | 5-tier sub-affiliate program that pays 3%-20% of referral earnings | $10 | |
| XM Partners
| -XM | -CPA: No. -Revenue Share: Yes. –Hybrid: No. | Pays 10% of the profits obtained by sub-affiliates. | $50 | |
| HF Affiliates
| -HF Markets | -CPA: No. -Revenue Share: Yes. -Hybrid: No. | Pays 25% of the profits earned by sub-affiliates. | $100 | Analysis |
| Avapartner
| -AvaTrade | -CPA: Yes. -Revenue Share: Yes. –Hybrid: Yes. | Pays 10% of the profits obtained by sub-affiliates. | $100 | Analysis |
| Alpari IB Program
| -Alpari | -CPA: No. -Revenue Share: Yes. –Hybrid: No. | Not at the moment | $100 | Analysis |
| EXNess Affiliates
| -Exness | -CPA: No. -Revenue Share: Sí. -Híbrido: No. | At the moment there is no sub-affiliate program | $10 | Analysis |
| NordFX IB Program
| -NordFX | -CPA: No. -Revenue Share: Yes. –Hybrid: No. | Pays 10% of the profits obtained by sub-affiliates. | $10 | Analysis |
| Axiafiliates
| -Axi | -CPA: Yes. -Revenue Share: Yes. -Hybrid: No. | Pays 10% of the profits obtained by sub-affiliates. | $100 | Analysis |
| Libertex Affiliates
| -Libertex | -CPA: No. -Revenue Share: Yes. -Hybrid: No. | Pays 10% of the profits obtained by sub-affiliates. | $100 | Analysis |
| IQ Option Affiliates
| -IQ IOption | –CPA: Yes. -Revenue Share: Sí. -Hybrid: No. | It has a 1-level sub-affiliate program. | No minimum for collecting commissions | Analysis |
| Forex-Affiliate
| -EasyMarkets | -CPA: Yes. -Revenue Share: No. -Híbrido: Yes. | Pays 10% of the profits obtained by sub-affiliates. | $350 | Analysis |
| XTB Affiliates
| -XTB | -CPA: Yes. -Revenue Share: Yes. -Hybrid: No. | Pays 10% of the profits obtained by sub-affiliates. | $100 | Analysis |
| FXTM Affiliates
| -Forextime | -CPA: Yes. -Revenue Share: Yes. -Hybrid: No. | Pays 10% of the profits obtained by sub-affiliates. | $100 | Analysis |
| Blackbull Affiliates
| -Blackbull Markets | -CPA: Yes. -Revenue Share: Yes. -Hybrid No. | Pays 10% of the profits obtained by sub-affiliates. | $200 | Analysis |
| FBS
| -FBS | -CPA: No. -Revenue Share: Sí. -Híbrido: No. | At the moment there is no sub-affiliate program. | $10 | Analysis |
| Markets4you Affiliates
| -Markets4you | -CPA: Yes. -Revenue Share: Yes. -Híbrido: Yes. | Offers a multi-level sub-affiliate program: -1 Level: 50%. -2 Level: 16.6%. -3 Level: 5.6%. | No minimum | Analysis |
| InstaForex Affiliate Program
| -InstaForex | -CPA: No. -Revenue Share: Yes. -Hybrid: No. | Pay up to 0.1 pips for each transaction generated by traders referred by sub-affiliates. | $10 | Analysis |
Promotional Tools of Forex Affiliate Programs
Since these brokers are companies that operate based on the Internet, affiliate programs provide marketing resources primarily intended for this medium. For this reason, they are perfect for those people who own a website or blog that they want to monetize. In fact, Forex broker affiliate programs are one of the best means for a webmaster to obtain high profits with their website. Among the resources that these programs make available to their affiliates are the following:
- Banners
- Links (links to the broker’s pages of greatest interest)
- Landing Pages (links that direct to certain pages of the broker’s website)
- Widgets (Tools such as economic calendars, Forex charts, quotes, and others that can be integrated into the website and serve to provide content while promoting the broker)
- Mailers (Tools that allow the affiliate to promote the broker through their email among their acquaintances)
- Others
Forex affiliate programs have many promotional tools. In some cases, they even have a manager who will instruct the affiliate in such a way that they improve their chances of success in the program. A very important point that must be clarified is that in most cases, registration in affiliate programs is completely free and the person will never have to pay anything to use their resources. In this way, a person can register in all the affiliate programs they want and promote their brokers in the way they consider most convenient. So if the person likes, they can be registered in one, two, or thirty of these programs if they so wish. While most affiliate programs promote a single broker, some have the advantage of allowing the promotion of several brokers, which increases the possibility of obtaining profits.
Likewise, in some cases, you have to open an account with the broker and in others you don’t, depending on each company’s policy. Forex brokers also provide other more specialized partnership options, especially for companies or individuals who work in some field related to Forex and/or other investment instruments. These programs are Introducer Brokers (IB), White Label, Money Managers, Investment Advisors, and others. In this section, we will not discuss these options as they are for people or individuals with large investment capitals. We will refer to them in other posts. Below, we present the best affiliate programs currently available with a brief description of them, brokers they promote, payment method, and minimum amount to collect.
Want to get more information about online brokers and which ones offer the best services? You can access a complete directory of recommended forex brokers at: List of Forex Brokers