In addition to trading and investing, there is serious money to be made by becoming an affiliate partner and referring converting clients to online brokers and trading platforms. Some of the best forex affiliate programs are so lucrative, they’re often used as a primary source of income.
In 2019, these 3 affiliate programs stand out as the most rewarding of reputable forex trading platforms.
1. PrimeXBT
PrimeXBT takes the leading position as the best, with three options for affiliate partners; a CPA offer, CPA + revenue share, and a traditional referral program.
The CPA offer pays up to $1,000 per joining member, plus experienced affiliates who qualify can also receive a revenue share from the fees generated by a referred trader, on top of the CPA.
The traditional referral program also comes with a twist: 4 levels of rewards. Affiliates earn 50% from their direct referrals trading fees, then 15%, 10%, and 5% from their 2nd, 3rd, and 4th level of sub-affiliates - for life.
PrimeXBT is a multi-asset trading platform that also features access to 9 of the world’s most popular crypto markets with up to 100x leverage. Trading cryptocurrency is becoming significantly more common and embraced by the forex trading community, and the market’s growth is only expected to increase hear onward. This presents a unique opportunity to profit from affiliate programs as traditional traders and investors turn to crypto, and PrimeXBT being the hottest place to trade it alongside forex, commodities, and stock indices with the highest leverage across all available assets.
2. HYCM
Like PrimeXBT, the HCYM affiliate program has a few options of different commission plans. Affiliates may choose from CPA, Revenue Share, Pip Rebate, Lot Rebate, or even a Hybrid deal.
The HYCM affiliate CPA pays up to $1,000 for converting customers, between $6 up to $10 commission per lot, and up to 5% on sub-affiliate commissions. Hybrid deals are available on request for high performing affiliates that demonstrate they can deliver high volumes of quality traffic.
The sub-affiliate commission program pays 5% for 2nd level affiliates, 3% for level 3, and 1% for level 4 - for life.
HYCM is a well-respected and trusted online broker, featuring access to the most popular forex, Commodities, CFD, Stocks, and Indices markets. Affiliates benefit from referring to HYCM with strong brand awareness and global reach.
3. IQ Option
The IQ Option referral program is simple, yet still, one of the best forex affiliate programs going. Introducing brokers can choose from two offers, each attractive in their own way.
The first offer pays affiliates 50% of IQ Option's profits generated from all of the referred traders referred collectively. This means that all profits for users add up to one total amount, and the affiliate gets 50% of it.
The second offer pays affiliates 40% of the profit generated from each trader separately. This means that the profit from each referred trader is calculated independently of each other and the negative turnover of one client doesn’t affect the profit from another.
Again, IQ Option is widely recognized and respected as one of the fastest growing online trading brands in the world, featuring forex, CFDs, Stocks, ETFs, Indices, and Stocks.
Choosing the Best Forex Affiliate Program for You
Building a strong referral network is a great way to earn a passive income, and all of these best forex affiliate programs provide excellent marketing material and support so you can maximize your profit potential.
Whether you’re a professional affiliate marketer, a website owner, blogger/influencer, or just an individual looking to make some extra cash via social media, there is an affiliate program option to suit everyone - and often people choose to take advantage of more than just one, treating as a full-time job.