The single most important financial decision that any Forex affiliate will make is their choice of partner program. There are plenty of partner programs offering new affiliates all kinds of attractive deals – usually in the form of high CPA payments.
A Comparison of Partner Programs for Affiliates who want High Earnings in 2023
High commissions are a great starting point for anyone who wants to make money as an affiliate, but there are several other important criteria that separate the best Forex affiliate programs from the mass of average ones.
This blog post will explore how to find the perfect affiliate program to meet your own financial goals and individual affiliate business. We’ll also take a look at some of the online trading’s best-known partner programs and see how they really match up to the expectations of top Forex affiliates.
Defining the Best Forex Affiliate Program
There are hundreds of affiliate programs competing to sign up new affiliate partners. High-profile programs include the Etoro affiliate program, the Webull affiliate program, and the IG affiliate program, and then, of course, there is AvaPartner’s affiliate Program (AvaTrade, the broker). The big names have massive online reach and major advertising budgets, but they are not necessarily the best partners for ambitious affiliates whose goal is long-term profits.
When we’re checking out partner programs and trying to identify the best Forex affiliate program, we need to begin with three key questions.
- What are my current needs as a Forex affiliate, and how do I plan to build and develop my affiliate business?
- Which broker does the partner program represent – is this a top-quality financial services brand that I can successfully promote?
- Is the partner program itself ‘affiliate friendly’ i.e., are they reliable and easy to work with, and do they offer a flexible commission plan?
The first question is often the toughest to answer. If you can understand exactly where you fit into the Forex affiliate landscape and can define your financial goals and create an effective and realistic business plan, you’ll already be well ahead of the majority of other affiliates.
If you don’t understand your place in the affiliate ecosphere and don’t have specific goals (beyond making as much money as possible), you won’t have the criteria or reference points to even begin looking for the best Forex affiliate programs. If this sounds a bit like you, don’t panic!
Understanding Your Position as a Forex Affiliate
There are some simple steps that you can take to bring a new professional approach to your affiliate marketing efforts. The first step is to conduct a full audit of your assets and capabilities. An honest appraisal of your own strengths and weaknesses is the first step toward finding the ideal broker affiliate program.
- Is your website optimized for SEO, and do you have enough high-value content – what are your current Google rankings?
- Do you have a strong and active social media presence across multiple platforms?
- Is your general understanding of digital marketing (including analytics) sufficient to launch effective affiliate marketing campaigns?
- Do you understand your own traffic, and are you able to attract and convert high-value traders?
- Are you setting budgets and channeling a proportion of your profits into developing new sites and content, as well as PPC and paid advertising?
- Do you have a strategic plan to increase both the volume and quality of your leads?
Once you’ve identified your own place in the Forex affiliate food chain, you can begin to figure out where you’d like to be a year from now and where you’d like to be five years from now. This strategic vision will directly affect how you define the best Forex affiliate program and which one you sign up with.
Identify the Best Online Broker to Promote
Finding the best online broker to promote is relatively easy. There is a simple process of elimination that will leave you with a shortlist to choose from. We’ll start with the golden rule of Forex broker affiliate marketing: Only promote regulated online brokers.
Unregulated brokers are a liability for Forex affiliates. They seldom attract high-value traders, and most of the clients they do sign up quickly leave.
Partner programs for unregulated brokers are equally unreliable. They typically offer excellent CPA commissions, then quote the small print of the affiliate agreement to change the commission structure and pay less. Look for brokers like AvaTrade that are regulated by official bodies in several jurisdictions around the world. Once you’ve identified a list of regulated brokers, check out what they offer traders.
- A good selection of trading platforms, including MT4 and MT5.
- Well-designed mobile trading apps.
- Language options that match your preferred traffic.
- A full range of assets, including bonds, options and ETFs.
- Competitive trading terms with low/zero commissions and fees.
- High liquidity and an excellent reputation.
- At least a decade of operating as a reliable financial services provider.
Find the Very Best Forex Affiliate Program
Once you have a shortlist of viable brokers, it’s time to find an affiliate program. All the big programs like IronFX affiliates, vantage affiliates, etoro affiliates, plus500 affiliates, the IG affiliate program, and the AvaTrade affiliate program have the resources to pay lucrative commissions, but some are more generous than others. You will also need to ensure that you’re working with an approachable program that wants to see its affiliate partners prosper.
The acid test of whether a partner program is the real deal is whether it will allow you – or even encourage you – to build a tailored commission plan that matches your current capabilities and goals. The best Forex affiliate programs will always be ready to renegotiate your plan as your business grows. They will also be happy to reward you financially if you branch out to become an introducing broker, master affiliate call center, or trading academy owner and bring additional traffic.
The Advantages of Working with AvaPartner
Your initial choice of Forex partner program is a crucial decision that will determine your long-term earning potential. There are loads of partner programs to choose from, but very few really meet all the criteria for a successful – and lifelong – partnership.
AvaPartner is not only one of the world’s leading partner programs, it has the track record to prove it! There are several key advantages to a partnership with AvaPartner, and they go far beyond the obvious financial rewards.
As well as the opportunity to earn high commissions every month, you’ll be working with experienced professionals whose job is to make everything run smoothly and give you all the administrative support, backup, and assistance that you need. You’ll be free to focus entirely on building up your Forex affiliate business and achieving your personal financial goals.
- Every partner program likes to present itself as a reliable business partner that pays high commissions. To date, AvaPartner has paid its affiliate partners over $300,000,000 in commissions. That’s a number that speaks for itself and gives potential partners an immediate insight into the size and scope of the partner program – and the outstanding earning opportunities that it delivers.
- Unlike the vast majority of partner programs, AvaPartner assigns each affiliate a dedicated affiliate manager. This means that you’ll have a point of contact in the program who will ensure that your experience as an affiliate is a positive one. Your affiliate manager will update you with all the latest marketing opportunities, including broker news, promotions, and free marketing materials.
- AvaTrade is a superb brand to promote. It’s well established, has a strong international presence, is fully regulated, and has a high trust value with traders. AvaTrade also provides some amazing trading platforms and tools, including MT4, MT5, AvaOption, AvaProtect, AvaAcademy, and the copy trading platform AvaSocial.
- AvaPartner has a level of experience and professional expertise that most other partner programs can’t match. The program delivers timely payments to tens of thousands of partners every month and provides absolute transparency via a secure affiliate dashboard. When you work with AvaPartner, you’ll enjoy complete peace of mind.
- AvaPartner is a veteran partner program and understands the importance of keeping everything simple and fair. If you opt for a standard CPA deal, you’ll earn a commission as soon as your leads close one trade and meet the basic spread requirement. There are no surprises or hidden terms and conditions; as soon as your leads trade, you’ll make money.
- AvaPartner is a dynamic and vibrant program that believes in making business as enjoyable and rewarding as possible. VIP partners and competition winners are currently receiving free tickets to the exclusive Formula One Paddock enclosure. There are plenty of opportunities to travel around the world with free flights and accommodation or to earn extra commissions and rewards during competitions.
If you are looking for the single best Forex affiliate program, AvaPartner is the perfect place to start. You can negotiate a tailored commission plan that matches your personal requirements and begin earning from day one.
There’s never been a better time to get started as a Forex affiliate partner – or to make a fresh start with one of the world’s best Forex affiliate programs!