forexAffiliate is the award-winning affiliate program for the easyMarkets online trading brokerage. easyMarkets implemented their affiliate program in 2001 under the trade name easy-forex, since then the program name changed to forexAffiliate and has become a major success in the online trading affiliates industry. forexAffiliate has nearly twenty years of experience and has successfully introduced over 40,000 new clients from over 160 countries around the world. The forexAffiliate program is one of the longest running, most successful, and profitable financial affiliate programs in the world. At first glance, this program seems like a no brainer when it comes to choosing a financial affiliate program, but there are so many reputable affiliate programs out there, how do you choose? Well, in the following review we’ll delve deep into all aspects that make up the forexAffiliate program and whether it’s a good program to be a part of and how it stacks up to the competition.
- Wide range of marketing materials
- Advanced affiliate tracking software
- Variety of commission plans
- Competitive program with many established affiliates
- No Revenue Share
Commission Details
At forexAffiliates, members of the program can choose from a variety of commission schemes that provide tremendous benefits and profits. Depending on the type of affiliate you are, forexAffiliates has a plan for you. See the available commission plans below and all the details that go with them.
CPA (Cost Per Acquisition) Plan
This commission plan is very lucrative as affiliates don’t have to depend on the performance of their acquired clients to be paid. Affiliates are rewarded with a fixed fee for simply acquiring a new client who meets the acquisition standards of the forexAffiliates program. However, affiliates are paid different amounts for acquiring traders from different countries. For instance, affiliates receive a payout of $400 per converted client from tier 1 countries (United Kingdom, Poland, and Australia), and affiliates receive a payout of $200 per converted client from tier 2 countries (Brazil, India, and China). These CPA payouts are some of the highest payouts in the financial affiliate industry, and if an affiliate is successful, they can make a great deal of money.
Lot Rebates Plan
This commission plan can be very lucrative if you acquire high profile traders with a great deal of capital. The way it works is, the affiliate receives a fixed commission for every round lot your referrals trade. The commission varies depending on what the referred trader trades (forex, metals, energies, commodities).
CPL (Cost Per Lead) Plan
This commission plan rewards affiliates for every (phone) validated lead. In other words, the affiliate doesn’t have to successfully acquire a new trader, but rather the traders information which makes them a potential client.
SpreadShare Plan
This commission plan allows affiliates to earn a portion of the spread from every trade your acquired client makes. This plan is only profitable if the clients you refer are successful and experienced traders.
Sub Affiliation
forexAffiliate has a sub affiliation program which they call the 2nd Tier affiliate program. Affiliates apart of this program are referred to as Super Affiliates and receive 10% of the commission earnings from their referred affiliates. It doesn’t matter which plan your referred affiliates choose, you will still receive 10% of the earnings they make. Affiliates working for forexAffiliates can be both a Super Affiliate and an affiliate under one of their regular commission plans.
Payment Details
Affiliates can withdrawal any amount of their generated income from forexAffiliates at any time. Also, affiliates can log in to their dashboard and view their affiliate income in real-time. forexAffiliates supports numerous methods of payment such as Visa, MasterCard, WeChatPay, Sofort, American Express, Giropay, iDeal, Maestro, JCB, China Union Pay, Skrill, Neteller, WebMoney, and Bank Wire Transfer.
Software
forexAffiliates utilizes highly sophisticated tracking software that ensures affiliates are compensated for their referrals. When a referral clicks on your referral link, whether it’s a banner add, link, or something else, they are tracked as your affiliate for up to 30 days, meaning your referral does not need to sign up right away or do so directly from the same referral link. forexAffiliates utilizes a very fair operating system for logging referrals and which affiliate referred them first. Affiliates also have access to numerous marketing and promotional materials for generating leads and referrals. See a list of the available marketing tools below.
Widgets
Banners
Logos
Ad copy
Wallpapers & Images
Videos
Articles
eBooks
Newsletters
Reviews
Presentations
Social Media
Blog RSS Feeds
Apart from the software and marketing tools for acquiring new clients, forexAffiliates features an advanced dashboard interface for tracking your progress. Affiliates can easily analyze and track their success and variety of affiliate income in their easy web-based dashboard. The dashboard comes complete with statistical charts for a visual representation of your generated income and client acquisition numbers. The interface is very well designed and easy to use.
Conclusion
forexAffiliates is an excellent affiliate program with a wide variety of commission plans, and marketing tools to help affiliates become successful. forexAffiliates has an overall conversion rate of 25%, making it one of the leading financial affiliate programs in the industry. The advanced tracking software ensures fair acquisition of new clients and the affiliate dashboard is very well designed and provides a variety of information on your generated affiliate income and acquired clients. If you’re looking for a reputable and lucrative affiliate program to join, forexAffiliate could be the right program for you.
