- Why 2022 is the Perfect Time to Become a Forex Partner
- How do I Become a Forex Partner?
- The 5 Golden Rules of Becoming a Successful Forex Partner
- How do I Make Money as a Forex Partner?
- What do I Need to Know about the Forex Markets
If you want to be your own boss, work flexible hours, and still make a high monthly income, becoming a forex partner could be the way ahead! We’ll take a look at how to become fully independent, work when you feel like it, and have the potential to earn a six-figure income.
There’s still plenty of hard work involved when you become a forex partner – the high profits have to be earned. The difference is that you can make money on your terms. You’ll be working for yourself, not for a boss, and you won’t answer to a manager. Read on for everything you need to know about becoming a high-earning Forex affiliate partner in 2022.
Why 2022 is the Perfect Time to Become a Forex Partner?
The global COVID-19 pandemic transformed work culture. Hundreds of millions of people sat at home for months on furlough and during lockdowns. The old-fashioned concept of commuting to an office every morning, struggling to work in a noisy open space office, and attending countless pointless meetings has been turned on its head.
Millions of people quit their jobs; companies explore remote work, freelancing, and multi-role options. There’s never been a better time to strike out on your own and make money online as a forex partner. You don’t need a large budget to get started, there are very few risks involved, and Partner Programs are happy to pay high commissions to their forex partners.
- Be completely independent with no boss or manager
- Create your flexible schedule to suit your lifestyle
- Work from any location with an internet connection
- Work with professional and motivated people
- Earn a high passive income every month
There’s a revolution in working practices going on around us right now. Even if you’re not ready to quit your full-time job, you can still get started as a forex partner. Many successful affiliate partners built their businesses by working part-time in the evenings and at weekends. They earned high profits during their first month and quickly became fully independent!
How do I Become a Forex Partner?
It’s easy to get started as a forex partner. You need some basic background knowledge of the global forex markets and online marketing. You don’t need a financial background, specialist economic knowledge, or a previous career in marketing. If you’re willing to learn and are genuinely motivated to earn a high monthly income, you can succeed. Forex affiliate marketing is a field that rewards ambition and initiative!
The 5 Golden Rules of Becoming a Successful Forex Partner
If you want to earn high commissions on a long-term basis, you need to follow the 5 Golden Rules. The rules are straightforward and worked perfectly for the forex partners who earned more than $250,000,000 in commissions from AvaPartner over the years:
- Work with a regulated Broker only
- Work closely with your partner program
- Follow the financial news daily
- Know your traffic and target audience
- Constantly improve your marketing skills
The single most important rule of the 5 Golden Rules is the first. You have to sign up with a partner program that represents a regulated forex broker. Everything else will fall into place if you start with a reliable and professional partner program. If you promote an unregulated broker, you won’t make a high monthly income on a long-term basis.
How do I Make Money as a Forex Partner?
The simplest way to make money as a Forex partner is to become an online affiliate. This means that you have a website and social media channels that attract potential traders. Your high-quality content – broker reviews, market news, trading tutorials, etc. – persuades site traffic to click on your unique affiliate links (supplied by the partner program). You then earn a high commission when they sign up with the broker and become active traders.
If you have a website, and a presence on Facebook, Instagram, YouTube, and other social media channels, you’re ready to begin earning. You will need to negotiate a commission plan with your partner program. A professional and experienced program like AvaPartner offers a flexible choice of affiliate commission plans.
CPA or dynamic CPA is usually the best commission plan for new forex partners. A straightforward CPA deal gives you an agreed one-time payment for each new trader you bring to the online forex broker. Dynamic CPA gives you a percentage of a new client’s first-time deposit (FTD) at the brokerage. This is an excellent way to earn higher commissions from larger traders.
A RevShare deal allows you to earn a passive monthly income from long-term active traders. Your RevShare plan will pay you a monthly percentage of each client’s trading volume. You will earn a seriously high commission if you have a client whose market exposure amounts to millions of dollars
As you build your affiliate business, you may find that you can refer other affiliates to the Partner Program. You’ll be able to earn a percentage of their profits as a Master Affiliate. There are multiple income streams for energetic and successful forex partners. There’s never been a better time to sign up and negotiate your first high-paying commission plan.
What do I Need to Know about the Forex Markets?
You initially need to know the basics to make money as a forex partner. It pays to read the financial press, sign up for free newsletters and alerts, and understand the fundamental market forces, financial events, and geopolitical events that affect the value of national currencies and create trading opportunities. Suppose you later hire financial content writers to create blog posts, site content, and high-converting incentives like tutorials and eBooks. In that case, you’ll need enough forex background knowledge to evaluate the content you’re paying for.
Try reading the following quality financial news resources:
- The Economist
- The Wall Street Journal
- The Financial Times
We also recommend opening a demo account at AvaTrade and practicing trading for free with virtual money. It’s a great introduction and will also help you understand your site traffic and promote the online brokerage.
Can Forex Partners Promote Other Assets?
We strongly recommend that forex partners promote other assets! AvaTrade has a massive asset index and offers traders major cryptocurrencies, stocks, bonds, ETFs, commodities, indices, and options. They regularly add new financial instruments, and there are superb marketing opportunities for forex partners to promote additional high-profile assets, especially cryptos like Bitcoin, Litecoin, and Ripple. Follow the market news every day, look for headlines and trends, and launch good quality creatives and campaigns. Stocks and commodities can drive quality traffic, and other assets have high value if you can tap into their online trader niche. The financial markets are highly volatile and uncertain at the moment, use your initiative and explore all relevant assets.
How Much Can I Earn Every Month as a Forex Partner?
There are no limits on how much you can earn. The world’s most successful forex partners earn a monthly income that regularly crosses the six-figure threshold. They work hard to earn these high commissions and have become skillful online marketers with an eye for profitable opportunities. Forex partners are independent entrepreneurs who don’t answer to managers and bosses. The size of your monthly income will depend mainly on how many hours you choose to work and how much effort you put into your marketing campaigns. If you’re willing to reinvest a chunk of your profits to improve your content, you can exponentially increase your earnings. Even as an absolute beginner with a basic website and social media presence, you should aim to be earning several thousand dollars a month.
Will the Forex Markets be Stable in the Current Global Situation?
It’s challenging to predict the long-term performance of the forex markets. It’s also unnecessary if you’re a forex partner. Many high-earning forex partners hope that the forex markets won’t be stable this year. Volatile markets encourage aggressive trading, and dramatic news headlines attract new online traders. If you understand how to exploit market news and drive site traffic, almost any market conditions are potentially profitable for your forex partner business. If you’re also promoting a wide range of non-forex assets like stocks, cryptos, commodities, etc., you can adjust your marketing campaigns whenever you see an opportunity.