Exploring New Paths: The Insider's Guide to Forex Affiliate Marketing
How can you earn a passive income and take control of your life? Read this article for an insider’s guide to becoming a Forex Affiliate and take your earning potential to the next level.
*Sage FX would like to state that traders should research extensively before following any information given hereby. Any assumptions made in this article are provided solely for entertainment purposes and not for traders to guide or alter their positions. Please read our Terms & Conditions and Risk Disclosure for more information.
- What is Affiliate Marketing?
- How does Affiliate Marketing work in forex?
- Become a successful forex affiliate
- How do you pick the best broker?
Ever dream of seeing the world but earn money at the same time? The good news is that it’s not just a pipe dream. With the evolution of the internet, comes more opportunities. The other side of the coin is the search for “how to make money online” presents a bombardment of websites and options that sell the dream. Break them all down and get down to what really matters, what can I gain from this? You want more possibilities to grow and to be financially free. To be an entrepreneur but to also spend more time with the family as well as take back control of your own time and life. Who can say no to that? The good news is that the hardest part is choosing how. Are you new to Forex Affiliate marketing? You might be thinking that this might be an option for only people who know everything there is to know about Wall Street. That couldn’t be further from reality. This lucrative industry is booming and with the advent of online trading, there is no better time to get involved than now!
So, how much can you earn and how does it work? Read on for a complete insider’s guide to Forex Affiliation and get ready to take your earning potential to the next level.
What is Forex Affiliation?
Affiliation is a performance-based marketing tactic whereby brands reward affiliates for referrals. In layman’s terms, it is when you promote a brand’s product or service and earn a commission for converted customers. In the financial world, affiliates are referred to as an Introducing Broker (IB). IBs earn commissions by linking with external broker sites or trading platforms and referring other potential traders. Becoming an affiliate is very straightforward and can take less than 5 minutes.
How Does Affiliate Marketing Work in Forex?
Online trading is fast gaining a reputation for being reliable, safe, and flexible. Every day, more and more people are getting interested in the opportunities this industry can open up for them. However, it can be quite intimidating to choose from the variety of brokers that are currently available online nowadays. Your role will be to act as a bridge between interested traders and brokers such as Sage FX. Promoting the broker you have found indispensable when trading can help other traders immensely when they are trying to find their perfect broker.
When you refer interested people to a broker, the broker will offer you commissions depending on the lots that the people you refereed traded. For example, Sage FX pays $2.50 per lot traded under your unique affiliate link. Curious to see how much money you might be making? Check out our calculator to see the potential income you might be missing out on. Just imagine what you can do with all that extra money!
How To Be a Successful Forex Affiliate
So how can you start attracting traders to your chosen broker and how can you incentivize them to trade more?
First of all, in order to attract customers, you need to have a basis in marketing and be well versed in using the online marketing tools that are currently available to you. Social media, email marketing, designing a website and online advertising are all indispensable tools to any affiliate marketer. They are also very easy to use and you can find a variety of options that are free. You may also enroll in online courses (some of these are free as well) via Udemy or Youtube and get acquainted with the features and the possibilities all these tools can offer.
Most likely, you were in the same position that your potential customers are now currently in. It should be quite easy to put yourself in their shoes and answer the questions they are most likely to have. The most important thing for you to keep in mind as an affiliate marketer is to always be honest. Your credibility is your most important asset so make sure you present a complete picture to the potential traders you are attracting. This is why it is very important you choose a broker that you are comfortable referring potential traders too, which brings us to our next point.
How To Pick the Best Broker
Most online brokers offer an Affiliate program that can offer you passive income. However, not all brokers can offer a great service to your network. So, how do you weed out the unreliable brokers from the ones you should be promoting?
First of all, make sure that you have tried the online broker yourself before you refer it to your network. When you are a customer of a particular broker you will know its most prized features as well as its weaker qualities. This will make you appear knowledgeable to other traders as well as help gain their trust.
Secondly, make sure you pay attention to the details such as account minimums and fees and make sure that the payment methods provided are secure and easy to use. This will prevent your traders from encountering issues once they have signed up.
Why Is Sage FX The Right Partner For You?
The best Affiliate programs don’t offer a single, one-size-fits-all approach. Rather it delivers a range of options and payment structures tailored to meet the needs of different circumstances. Remember, don’t be afraid to be discerning and critical, about what you are looking for, and what it offers. If after reading this guide you are intrigued about the exciting prospects the financial world has to offer you will be pleased to know that Sage FX offers traders and other individuals the opportunity to work with us. We believe in rewarding our client’s efforts, meaning, by leveraging your own network and sharing Sage FX we will boost your income giving you the best possible chance to earn more. We incorporate simplicity in every part of the payment process and in 4 simple steps you could start earning today; register, share your unique IB link, empower your network to trade, and earn commissions. It really couldn’t be more straightforward.
Financial freedom is not about the money you make rather how you earn it. So, how do you go from where you are now, to where you wish you could be? Simple. Your path to financial freedom starts here.
For more information and to take control and sign up to become an affiliate visit our Affiliate page here.