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I saw few ad topics in this forum, but not much useful information
So, what is average conversion on site strongly related to forex (site with trade signals, for example)? How long to wait for money to come from visitor left my site by broker ads? Is it good business to sell trade signals? And how – thru Zulu/etc or own site?
Too much questions, of course, sorry for that. But I wanna get some info before start.
Hi Chopa
the conversion rate for a targeted forex sites can cross the 10%, it depends as well from the country and channels the traffic is coming from.Signals are a good idea as it gives a competitive advantage for each affiliate, as well it can give you an additional revenue flow.
I would be happy to give you more information about Forex affiliation.
sign up at our site http://www.etoropartners.com and get in contact with your account manager.if you wish to get more information let me know.
eToro Partners
A little late for a reply, but I’ll chime in my two cents; I’ve tried my hand at promoting forex a few years ago with no real success, although I know webmasters who have had opposite results. For me a big part of that was that it isn’t really a niche that interests me personally, so I had a hard time with it. If Forex is interesting to you then give it a shot, but from my experience 9 times out of 10 you will have better results when creating a site in an industry that you can relate to.
Forex is a acronym of Foreign exchange and it is decentralized financial market for trading currency. Its is good place to make money by forex trading and for this you can take the help of various forex affiliate program available on the internet.
Forex Trading and Forex affiliate programs have become a big niche now. I again would like to recommend people for the affiliate programs that is doing at its level best and giving people to earn pots of money.
@selivjames 245402 wrote:
Forex Trading and Forex affiliate programs have become a big niche now. I again would like to recommend people for the affiliate programs that is doing at its level best and giving people to earn pots of money.
Thanks for your input. Do you have any suggestions for programs? Are you currently running in this vertical? Would love to hear your experience.
Forex is for professionists only. All these aff programs are so funny! I don’t say they are scams, but it is absolutely false how all these “soap” forex websites advertise Forex claiming all earn more soeasy! If yes, the problems of the world are solved but… all banks are in bankrupcty!… It is really difficult and dangerous to trade in Forex. But of course all are guru after having read some poor e book! All earn millions! so funny! Want to see what it is really Forex? well, go to one of the best like GCM, GCI only for showing two. The big don’t have affiliate programs… it is not a joke!
Yes, forex trading can be difficult, but mainly because people are too emotional about money. There are simple price action strategies that are profitable long term, but people simply break strategy rules when they get few losing trades in a row…
But this thread is not about trading…it is about forex affiliate programs, which is a risk free way to make money from forex, because you do not risk your own money. It´s same like promoting any casino.
I am affiliate of InstaForex Broker and here is my experience.
Yes, you can make a nice income..I referred my first trader and he started to trade in about 3 days after registration. My commission from his trades was about $30-65 daily. I admit that not all traders will bring you that kind of income, some will trade smaller accounts (mini or micro lots). Fact is that your commissions are 1.5 pips/trade (which is $15 for standrad lot size, $1.5 for mini lot size…), so your commissions depends on trade size of your referrals. Fantastic thing about this program is that I could withdraw my commission after 1st day, you can do it daily if you wish. They have many withdrawal options like bank wire, moneybookers, paypal, webmoney….or you can order their mastercard debit card.
They are huge broker with many awards and client base over 500,000 traders. New clients get 40% bonus on each deposit. They run many contests like: win cash or win Porsche Cayenne contest, win Lotus Evora etc…so there are good possibilities to attract new traders.
Promoting and referring is not easy, because it is a very competitive niche, but it is same with casinos, I guess.
However, you do not need a lot of referrals to profit from forex.Just an example:
You refer 10 traders. They trade mini lot size, so you get $1.5 /trade. Traders can do 2-3 trades daily, so one trader can earn you $90 x 10 traders = $900/month…or if they trade standard lot size, you would earn $9,000/month.This affiliate program is 2 tier, so you can refer other affiliates to earn more.
And yes, if you can trade yourself, you can join their ForexCopy program, build your reputation and earn commissions from trades of your followers that will autocopy your own trades. Or you can refer people that will follow signals of better traders.
So answer tho this topic question: Is Forex a good niche? is YES.
If you take it seriously, treat it like your business, work to refer traders, than this niche can be very rewarding.
If you refer couple of good consistent traders that will trade profitable for many years and increasing their lot sizes, you can have a very luxurious passive growing income.Visit InstaForex to see more
Forex is not refer others! Forex… you all here are in big confuion and are only tinking to refer others! Try so see seriuos companies if have referral programs! I dn’t talk about affiliate programs, but about FOREX! and in any case also you affiliates will lose money! Forex is a big mirage…
@hammurabi 247470 wrote:
Forex is not refer others! Forex… you all here are in big confuion and are only tinking to refer others! Try so see seriuos companies if have referral programs! I dn’t talk about affiliate programs, but about FOREX! and in any case also you affiliates will lose money! Forex is a big mirage…
Hi,
I know..Forex is about trading, but brokers has their own affiliate programs.
Brokers earn spread fee from every trade. And if you join their affiiate program, they will give you percentage of spread fee they earn.Example:
You refer trader John to InstaForex broker. He make a trade. Broker takes from John 3 pips as a spread fee. You get 1.5 pips as a reward that you refered John.
Broker makes this money no matter John´s trade is profit or loss. You get your share too.
You do not put any money to this trade.So there is no risk for you. John risks his own money. Not you.
@hammurabi 247472 wrote:
repeat… this is collecting affiliates, non working trading in Forex market.
yes, you are right, we are not talking about trading, but about aff. program
BTW..check the original question of this thread..it is about “forex affiliate program“…and also check the forum category we are in: “Affiliate Programs in High Paying Industries”
