HotForexPartners Affiliate program, also known as HFaffiliates is the affiliate program for HotForex broker. ‘Your way of getting a cut from the foreign currency exchange boom’ is what the home page of the affiliate program proudly claims. Over the years, HFAffiliates has managed to improve and innovate their affiliate program, without losing focus on its affiliates.
The HotForex broker is a regulated broker based in Mauritius. Normally I’d consider that a bad sign, but they are a legible forex broker and have won many forex awards. They are quite popular in the Asian and African markets, attracting high conversions for depositing traders.
The Affiliate Program
The HotForexPartners uses a highly modified Post Affiliate Pro system which blends perfectly into their forex platform. The affiliate signup form is easy and takes just a few minutes. All affiliate registrations are approved manually within 24 hours, unless you happen to sign up over the weekend. We’ve been informed that they are looking to fix the issue of affiliate sign up activation on weekends, and it’s quite reassuring for a forex affiliate program to actually addressing the issues of the affiliates.
The HotForex affiliate program offers a choice between a 60% revenue share or $250 CPA. Being a fairly new forex affiliate program not much can be said as to which of the above to affiliate earnings models would be more profitable, but if you are just starting out then it would be ideal to opt for the $250 CPA to test the waters.
There is also the option to promote the affiliate program. By referring affiliates to HotForex affiliate program, you get a decent 25% earnings. Quite a generous percentage when compared to most of the existing forex affiliate programs.
There isn’t much to the marketing tools section, except for a few banners and, of course, the tracking link.
Although the 200×200 and 250×250 banners seem to be missing, the banners are structured in a ‘offer based’ category. For example, you will find banners that promote the HotForex 1:500 leverage and you have banners that promote the $295 bonus option. However, it was quite strange to notice that the $295 bonus banners link to the sign up form and there is no indication anywhere about this bonus. The $295 bonus was clarified as a bonus trading signal (sponsored by tradingsignals.com) which new traders receive when they sign up.
HotForexPartners pays out on a minimum of $100 through payout methods such as check, AlertPay, WebMoney, bank wire, or transfer to a trading account. Affiliate payments are paid out at the end of every month.
In terms of reporting, affiliates at HotForex can expect to see the standard set of reports available from the PostAffiliatePro system.