0 votes
by (260 points)
Forex Affiliate Programs: Are they a scam or Real?
A marketing plan where you refer your potential customers to a particular by a product or use a service in return for a commision is known as an affiliate marketing.
Similarly, in the case of a forex trading affiliate program, you will refer potential forex brokers. Your referral will fetch compensation on sign up and trading via the your personal affiliate link.
Your first step will be to select a right forex referral program as the best ones enable you to earn a handsome amount of income by putting in fewer efforts.
The affiliate programs from reputed online forex trading companies like VT Markets, AXI Affiliates and HOTFOREX are user-friendly and simple to understand.
They also provide a much higher conversion rate in the relative market.
Forex Affiliation Programs worth signing up for?
Most people won’t recommend joining a forex affiliation program. They will make you believe that it is not worth giving time for.
However, once you have selected a right referral program you can earn a side income by devoting much lesser time than setting up a brick and mortar business from scratch.
Also, when enough effort is put in, a forex trading affiliate program has all the scope of transforming from a side income to a lucrative business. Following are some of the major ways through which you can make money on a forex affiliate plan:
Advertising on Reputed Financial Websites.
You can choose to a strategic placement of your advertisement on a reputed website. The More traffic a website has; more are the chances of getting conversions.
This however will cost you and might not be the best route for a beginner, but it is, definitely, worth it.
Advertising with the aid of Social Media.
Nearly everyone has a social presence, be it on twitter, tiktok, Facebook .Just choose your preference , set your dynamics and fire away.
If you already have a website running which has a section catering to topics related to finance, economy and management then you can make better use of it by placing affiliate links on your posts as well as banner advertisements.
The positive side of this is that you already have a loyal audience and sufficient traffic coming up on your website. However, if you are planning or just opened a new website don’t get disheartened as your efforts will, definitely, pay in the long run. Work hard to generate ample amount of traffic and reap the benefits of your endeavors.
Guest Posting is the best way to get people visit your affiliate links without investing any money. Search for appropriate blogs and get permission from the administrator to provide them with creative articles according to the theme of the blog. You can suitably place an affiliate link in your bio or in the article itself.
Popular blogs, already, have a sufficient amount of traffic coming on to them. This helps you to get a good amount of conversions in a short period of time without much investment from your side. Positive results never stop when you guest post. In fact, they keep on coming at regular intervals.
Enough money can be earned from a right forex affiliation plan. So, if you are interested in forex affiliation program, don’t listen to those who advise you against it. Select a right plan and work intelligently to promote your affiliate links.

Please log in or register to answer this question.