How to choose a forex affiliate programme? – ForexLive – ForexLive

Some tips on choosing the right forex affiliate programme for you

GT
The covid-19 pandemic has given rise to a global
recession with some countries even entering a depression. Many industries
struggled, some even collapsed. However, one sector that has fared better than others
has been forex trading. During the early stages of the pandemic in 2020,
financial institutions like DBS Bank, Standard Chartered Bank and OCBC
Securities reported record levels of forex trading. In fact, Standard Chartered
Bank, Singapore, reported a 200% increase in trading
volumes
 in forex and equities in the first half of
2020. The latest estimates say that the global forex market is expected to grow
from $6.6 trillion in 2020 to $10.2 trillion by 2026.

With this trend in trading likely to continue, more
and more forex affiliates are entering the arena. Entrepreneurial individuals
looking to make the most out of the economic environment are looking to partner
with trusted brokers.

Introducing new clients to a broker can be hard but
rewarding work. You need your partner broker to make your work easier, and
ensure you get the most out of your efforts. Let’s take a look at some key areas
to help you choose the best forex affiliate programme.

1. Enhanced Client Conversion

Choose to partner
with a regulated broker, who can empower you to offer clients satisfying
trading experiences. This includes starting with an optimised onboarding
experience. Too often the process of account opening and funding is not easy or
streamlined, which leads to loss of potential clients. Some ways in which your
partner broker can enrich the onboarding experience are:

  • Powerful Client Portal: To simplify the process of account opening, document
    verification and funding, all from one place.
  • Deposits and Withdrawal in Fiat and Cryptos: Flexible funding options makes a big
    difference, especially if your target market is highly interested in crypto
    transactions. For instance, emerging markets like Africa and South East Asia
    are fast becoming new frontiers for crypto transactions.
  • Low spreads, 1:500 leverage,
    bonuses, $0 commission fees
  • Wide
    Range of Trading Instruments
    :
    Diverse, multi-asset trading options and unique trading opportunities including
    cryptos and synthetic pairs offered via the most popular platforms like MT5.
  • Life-Time
    Value
    : A broker should
    have procedures that help client conversion and extend their life cycle
    (important for partners that receive lifetime commissions). Creating frequent
    campaigns and giving initiatives to the client.

2. Exceptional Marketing Tools

To
be successful, you need to bring plenty of clients to your broker’s site, get
them trading and retain them. This is a marketing challenge; one that needs
support from your partner broker. Some ways in which your broker partner can
help you are:

  • Display Banners: In the form of html or video format. Use them for specific
    promotions or to make your website more appealing and informative.
  • Education: Access to
    insightful blog posts, webinars, market analysis reports, industry related
    articles that can establish thought leadership and build trust. This can also
    boost your SEO efforts.
  • Social Media Posts: Tailored unique posts to communicate with clients on social media
    platforms. This will help build a solid online presence.
  • Dynamic Forms: Conversion
    potential can be enhanced through dynamic forms that carry your affiliate
    referral link. You can place these forms anywhere, on your choice of web page.
  • 30-Day Cookie
    Life
    : If prospective clients visit your
    registration page but do not register right away, you still have a fair shot at
    earning the commission. Your broker should still allocate the client under your
    affiliate account if they register within the next 30 days.
  • Personalised Promotions: You know your clients best which is why customised
    marketing material is crucial. Personalised banners, support to run your own
    seminars and events, and unique bonus promotions help you attract and deliver
    greater value to your clients.

3. Multi-Tier Affiliate Structure

Choose
to partner with a broker providing opportunities to enhance your earning
potential through a dynamic
affiliate structure
, based on active
qualified traders. Reputed programmes offering a tier-based commission system
can enhance your competitiveness.

  • Level 1
    Lifetime Commissions
    : Bring
    traders directly to your broker’s platform to earn lifetime commissions. This
    means you can earn commissions throughout your clients’ trading lifetime with
    the broker.
  • Sub-Affiliate Hierarchy Tiers:
    Recruit sub-affiliates and receive a portion of their commissions.
  • Personalised Commission Plans: Every affiliate’s style and earning capacities are
    different. Ensure your broker offers you the
    opportunity to access personalised commission plans, a variety of payment
    methods and the option to be paid in either crypto or fiat currencies.

Final Considerations

Partner
with a broker that is invested in your future success and allows you to benefit
from their vast experience.

With
such distinct advantages, gt.io offers one of the most rewarding affiliate
programs that can be tailored to suit the specific needs of clients across
different regions of the world. Partner with
us today
to offer clients amazing trading conditions and
experiences.

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