The IronFX Affiliates program is the online affiliate program for the global online trading brokerage called IronFX. IronFX is a leading online trading brokerage who has won numerous awards and services customers from over 180 countries and supports over 30 languages. Despite already being very successful, IronFX continues to grow and attract new clients on a daily basis. One of the ways IronFX has successfully continued to grow is because of their highly successful IronFX Affiliates program.
This program offers affiliates the best exposure with a very high conversion rate making it a very profitable program to be a part of. Also, this program is explicitly for the IronFX trading brokerage and therefore is backed by a trustworthy and reputable brand. However, there are numerous trustworthy affiliate programs out there to choose from, so why choose IronFX Affiliates? in the following review where we’ll delve deep into all aspects that make up the IronFX Affiliate program and whether it’s a good program to be a part of.
- Variety of commission plans to choose from
- Advanced referral tracking technology
- Great affiliate portal for tracking progress
- High paying commissions
- No sub affiliation program
- Must meet minimum requirements to become an affiliate
Commission Details
The IronFX Affiliate program provides their affiliates with a variety of commission plans to choose from, each of which is tailored to the affiliates specific needs based on their marketing style, expertise, and desire. After an affiliate becomes qualified to work for the IronFX Affiliates program, an account manager is assigned to them to help them choose the best commission plan for them. See the available commission plans below.
CPA (Cost Per Acquisition)
This commission plan rewards affiliates with a fixed commission for every successful referral they get. While the commissions are fixed, they do vary depending on the country the referred client is from. Also, the fixed commission is based on how many clients you successfully refer in a month’s time. For instance, the categories of the number of clients who are successfully referred include 1 – 5 clients, 6 – 10 clients, and 11 + clients. Each category sees an increase of $50 per referral and applies to all the clients you refer in a month’s time. The lowest possible commission amount is $200 per referral and the highest amount is $600 per referral, again this is dependent on the country the referral is from and how many are referred in a month’s time.
Revenue Share
The revenue share commission model allows affiliates to receive a commission based on the revenue generated by an acquired client. The commission model is on going for life as long as the referred client continues to trade with IronFX. The commission generated from the revenue share plan are from $4 to $10 per lot.
Hybrid Strategy
As the name suggests, this commission model combines the two so that affiliates can benefit from the best of both commission plans. The way this model works is, affiliates receive half the amount of CPA commissions they would for the regular CPA plan, and half the amount of revenue share commission that’s offered in the revenue share commission plan. This commission plan allows affiliates to test out both plans at the same time and they can later switch plans or stick with the hybrid strategy.
Sub Affiliation
Unlike many other leading affiliation programs, the IronFX Affiliate program has no mention of a sub affiliation program. This is somewhat unfortunate as a sub affiliation program can be an excellent source of additional revenue to compliment the regular commission plan.
Payment Details
As the commission plans are calculated on a monthly basis, affiliates are paid on a monthly basis as well. Although, the revenue share commission plan is calculated in real-time, but is still only paid monthly. Affiliates have many options when it comes to the payment facilitation. IronFX Affiliates offers traders the ability to be paid via Visa, MasterCard, China Union Pay, Neteller, Skrill, DotPay, and Bank Wire Transfer.
Software
IronFX Affiliates features very advanced referral tracking software which tracks a potentially referred client for up to 60 days. Once a prospect clicks on your referral link, whether it’s an advertisement, logo, email, etc., they are pegged to you as their referral for 60 days. This means the potential client can sign up via other links and you will still be rewarded for the referral. Other sophisticated software available to affiliates include a highly advanced and user-friendly affiliates portal. Here, affiliates can track their referred traffics performance in great detail. Affiliates have access to various statistics, trend reports, commissions, clicks, payouts and more. The affiliates portal is entirely web-based and can be accessed both from desktop or mobile devices. Some more advanced software available to affiliates is a wide array of marketing tools which include high converting landing pages, attractive banners, advertisements, videos, newsletters, and various other promotional materials.
Conclusion
The IronFX Affiliate program is a quality program with high conversions. Affiliates benefit from choosing a commission plan that’s suitable for them and receive a dedicated account manager to help them decide. Commissions can be quite high and are very attractive compared with the industry standards. Affiliates have access to advanced software that works towards their success and allows affiliates to track their progress and learn. All in all, IronFX Affiliates is a great financial affiliate program with numerous benefits.
