- Critical Facts for CFD Affiliates
- CFD Promotion in 2023: The Basics
- CFD Trading Education – Why It’s Vital
- What are CFDs?
- How to trade CFDs?
- What assets are available as CFDs?
- What market conditions are best for CFD trading?
- What are the advantages of CFD trading?
- Important Information for All CFD Affiliates
2023 is already showing all the signs of being an amazing year for CFD promotion. Three years after the first mass COVID-19 lockdowns, and the economic turbulence that followed, we’re still in a period of financial uncertainty. Inflation, the cost of living, the stability of the global banking system, and the war in Ukraine are all contributing to concerns about the health of the global economy.
Paradoxically, this uncertainty can work to the advantage of CFD affiliates. Whenever there’s a drop in public confidence in the banking system or the major economic institutions, people look for alternative investments and ways to take control of their finances. CFD trading is simple, convenient, and readily accessible to anybody whose goal is to make money or manage their own investments.
How to Make Money as a CFD Affiliate in 2023
One of the most important things that CFD affiliates need to do is to build trust. Whenever you engage with potential traders, either via social media or through your websites, you have a limited window of opportunity to make a strong connection with them. There are two main ways to do this. The first is to address trader concerns about issues like inflation and the wider economy, the second is to focus on broker regulation and investor protection.
3 Key Issues for CFD Affiliates to Address in 2023
- The effect of inflation on individual savings and wealth
- The stability of the banking system
- The war in Ukraine and the effect on the global economy
When you explore these three key issues in your affiliate marketing campaigns and content, it’s important not to be too negative or alarmist about the global situation. Your main goal is always to present CFD trading in a positive light and to educate your traffic about current market conditions and how to trade CFDs.
2023 could be an extremely profitable year for CFD promotion. The stock market boom in Q4 2021, and massive trader interest in Bitcoin, created market conditions for a surge in independent trading and investing. CFD broker affiliates use every online channel to promote CFD trading on a wide range of financial assets and instruments.
Competent CFD affiliates are also focusing on CFD trading education. They’ve realized that market news and financial analysis content have high conversion potential. If you want to earn high commissions as a CFD affiliate in 2023, read on for an overview of the market and detailed advice on affiliate marketing strategies.
Critical Facts for CFD Affiliates:
- The United States Stock Market Index (US30) reached an all-time high of 36565.73 in November 2021
- The combined crypto market crossed the $3 trillion trading volume threshold in 2021
- Traders may seek alternative assets like commodity ETFs as a hedge against inflation
CFD Promotion in 2023: The Basics
2020 and 2021 were defined by market uncertainty. The COVID-19 pandemic severely disrupted the global economy. Lockdowns resulted in:
- Increased government spending
- Decreased GDP
- Damage to several business sectors
- An increase in unemployment figures
The news wasn’t all bad, however. The lockdown challenges also drove innovation and forced companies to adapt. Tech stocks like Zoom, Amazon, and Tesla boomed. Bitcoin ran wild, and there was a major online shopping boom. The stock market not only bounced back but was bullish.
2023 may also be defined by uncertainty. Clever CFD traders can potentially make high profits from volatile markets. Inflation and interest rates are already dominating investor thinking, but they are just two forces that will affect trading.
The most successful CFD affiliates have arguably always been the ones with a finger on the market pulse. In 2023, they will connect with potential traders on actual market issues. It won’t be enough to promote a good quality regulated CFD broker. You’ll need to devise campaigns around market news, asset performance – and public concerns about the economy.
CFD Trading Education – Why It’s Vital?
Although CFDs are well on their way to becoming part of mainstream financial trading, there is still a lot of public confusion about contracts for difference. If your goal is to earn the highest possible commissions from your CFD partner program, you’ll probably need to go back to basics with online CFD promotion. It’s likely that a lot of your site traffic – and most of your social media viewers – won’t know what CFDs are.
Before you start CFD promotion, you will need to understand what CFDs are and how they work clearly. You’ll need to convey this information in your marketing materials and site content – in a way that converts traffic. This may sound like obvious advice, but many CFD affiliates miss out on their true earning potential
What are CFDs?
A CFD is a contract for difference. It’s a convenient online trading method that allows a trader to open a position on an asset like Gold or Amazon stocks without buying the asset. Traders can open either a Call or Put (buy or sell) position on an asset, depending on whether they expect it to rise or fall in value. A correct prediction will yield a profit (the difference between the opening price and the closing price of the trade).
How to trade CFDs?
A trader can sign up with a regulated online broker like AvaTrade, deposit funds, verify their trading account, and enter the trading platform and trade CFDs. You can offer powerful digital incentives like trading ebooks, trading strategies, market reports and analysis, and YouTube tutorials to convert traffic. CFD trading education is a priority for new traders. If your social media posts link to valuable educational resources on your websites, you will earn high commissions as a CFD affiliate.
What assets are available as CFDs?
Most CFD affiliates focus almost exclusively on promoting forex (USD, GBP, euro, etc.) cryptos like Bitcoin, Ripple, Ethereum, and big-name stocks like Google, Amazon, Microsoft, and Tesla. This definitely gets good results but is lazy marketing. In 2023, there may well be extra opportunities for CFD affiliates whose marketing campaigns include ETFs (especially commodity-based funds), commodities themselves, options, and indices. Some financial commentators expect bonds to take a hit in 2023, but that may still create opportunities for CFD traders.
What market conditions are best for CFD trading?
All market conditions are potentially profitable for skilled CFD traders. It would be best to tailor your CFD trading education to explain that online CFD traders can use their trading platform to switch between multiple asset classes. Traders can open buy or sell positions on thousands of different assets and aim to profit from any market conditions or market movements. A historical market example is a major currency like the US dollar falling in value – perhaps on poor NFP figures – and the price of gold rising instead. Explore historical trading patterns and see if they apply to 2023 market realities.
What are the advantages of CFD trading?
There are many potential advantages to CFD trading. CFDs are convenient, transparent trades, and traders can use leverage to increase their market exposure. CFD traders who understand the financial markets can profit from any market movement. A successful trade can yield an immediate – and very high – ROI. Any losses from an unsuccessful business are limited to the sum invested in that particular trade. CFD trading allows ordinary people to trade directly on the world’s markets and manage their investments.
Important Information for All CFD Affiliates
When you’re promoting a regulated online CFD broker (the only type of broker that pays long-term high commissions), you need to understand CFD affiliate marketing requirements. Regulated brokers follow strict official rules on CFD promotion. As a broker affiliate partner, you’ll need to apply these rules to your marketing materials.
Following your partner program guidelines will help you to devise high-converting marketing materials. It also builds trust and credibility for your brand and affiliate sites. This is one of the keys to rapid growth as a successful CFD or Forex affiliate and high profits. AvaPartner will get you started and provide you with free individual marketing materials.
How do I benefit from CFD trading education?
Start by knowing your site traffic and target traffic. As soon as you understand the needs of potential traders, you can create helpful educational content. CFD trading education should start with the basics for new traders. Always give a market overview, focus on current market conditions, and regularly update your content. You will need to subscribe to a range of financial news resources or use Google Alerts. You don’t need to be a financial expert, but extra market awareness will likely pay off in 2023.
Will CFD promotion be profitable in 2023?
All the indications are that CFD promotion will be highly profitable in 2023, but nobody has a crystal ball regarding the financial markets. If you’re determined to break into the top 10% of high-earning CFD affiliates, you will need to be adaptable. Follow the markets, understand public worries about inflation, study investment trends, and promote profitable niche assets. Most CFD affiliates could easily earn much higher commissions but don’t make the extra effort. The million-dollar-plus affiliates think outside the box. If you have entrepreneurial instincts, you’ll prosper. If you don’t have entrepreneurial instincts, you can develop them. CFD promotion is a skill that can be learned.
Is AvaTrade a good CFD broker to promote?
Yes, definitely! AvaTrade is one of the world’s best-known regulated online brokers. When you sign up with AvaPartner, you’ll get all the help you need to promote a top-tier CFD broker – as well as high commissions from Day One. AvaTrade has everything CFD traders are looking for: ● All the world’s most famous assets. ● High-tech trading platforms like MT4 and MT5. ● Competitive trading terms. AvaTrade is regulated in some of the world’s most important jurisdictions and has a multilingual site and customer service. It’s a lot easier to promote a well-respected broker with significant liquidity like AvaTrade. If your initial marketing campaigns are effective, you can convert high-quality traffic during your first month.