A quick search on Google about forex affiliate programs is enough proof of the number of forex trading companies setting up their affiliate program. Each forex affiliate program having their own set of promotions, trying to outdo the competition. But which forex affiliate program is best for you to promote?
Below, I list down some factors to be taken into consideration before you sign up to a forex affiliate program blindly.
Think like a trader.
The basic service you are providing for a forex affiliate program is the fact that you are sending them traders to sign up with the trading platform that you are promoting. Doing your homework comes first. Think like a trader and list down the factors that influence a prospective trader before they sign up. To get you going here are some options. Reputation of the trading platform, the financial strength of the company providing the forex services, experience and expertise in the field of forex.
Nothing attracts better than a nicely packaged marketing strategy. Affiliate marketing doesn’t translate to just displaying banners on your site but a lot more. It always pays to check what support a forex affiliate program gives you by visiting their marketing tools section.
Banners are a good way but not the only way to promote a forex affiliate program. Some food for thought. Landing pages, rotating banners, geo targeted banners and so on.
If you have been participating in various other affiliate programs, then quite often one tends to get mixed up with the tracking links and so on. A good forex affiliate program should also have a good affiliate support to help with your queries. Quite often, when I look around and evaluate the various forex affiliate programs, only 1% of the crowd provide proper support.
You would not want your hardwork disappear and payments is one critical element of an affiliate program. See the options available to you for claiming your payments. Most forex affiliate programs offer some kind of eWallet accounts. Checks are a definite no no. Time consuming and easy to lose track of.
A good forex affiliate program should also have detailed reporting. Do not get carried away by fancy interfaces but focus your attention to the level of reporting provided. From number of clicks to impressions to registrations. A good reporting tool will inevitably help you to tweak your affiliate performance better.
In conclusion, give due diligence in doing your research before signing up for a forex affiliate program. ForexAffiliates Review has evaluated some of the best forex affiliate programs available.
Compare the various forex and binary options affiliate programs