Best Forex Affiliate Programs of 2024
A Forex Broker Affiliate Program is an excellent opportunity to earn additional income in the financial instruments market by attracting new clients. But how do you choose the most profitable affiliate program and avoid scammers?
This article will present an overview of the best Forex broker affiliate programs for 2024, examine their features and benefits, and provide recommendations for choosing the most suitable affiliate program.
Top 10 Forex Affiliate Programs 2024
This ranking will help you determine the most profitable and reliable Forex broker affiliate program. This section presents the top 10 programs, distinguished by high profitability, ease of use, and professional support.
| Rank | Broker | Program Type | Reward | Review Link |
|---|---|---|---|---|
| 1 | RoboForex | Revenue Share | Up to 70% of commissions | RoboForex Review |
| 2 | InstaForex | Revenue Share, CPA | Up to 67% of spread, Up to $2000 on the first deposit | InstaForex Review |
| 3 | Alpari | Revenue Share | Up to 60% of commissions | Alpari Review |
| 4 | Vantage | Revenue Share, CPA | Up to $8 per lot, Up to $800 on first deposit | Vantage Review |
| 5 | AMarkets | Revenue Share, CPL, CPA | Up to 60% of commissions, Up to $10 per registration, Up to $500 on first deposit | AMarkets Review |
| 6 | Exness | Revenue Share, CPA | Up to 40% of commissions, Up to $1850 on first deposit | Exness Review |
| 7 | FxPro | Revenue Share | Up to 55% of commissions | FxPro Review |
| 8 | Admirals | Revenue Share, CPA | Up to 25% of commissions, Up to $1000 per deposit | Admirals Review |
| 9 | XM Group | Revenue Share | Up to $25 per lot | XM Group Review |
| 10 | IC Markets | Revenue Share | Up to $1 per lot | IC Markets Review |
We recommend not limiting yourself to this list and using our Forex Brokers List to understand which companies are popular among traders.
1. RoboForex
RoboForex, a brokerage firm, offers two partnerships and one loyalty program. Partners can create extensive and branched multi-level referral networks and earn up to 70% in commissions from their referrals through the RevShare program. The affiliate program is available to both traders and investors with partners.
Main features of RoboForex affiliate program
| Program | Level 1 | Level 2 | Level 3 | Level 4 | Level 5 |
|---|---|---|---|---|---|
| Loyalty Program | 10% of broker's profit + $50 | 15% + $4500 | 20% + $6000 | ||
| VIP Program | Up to 70% of broker's profit from direct clients | 10% of profit from sub-partners | |||
| Expert Program | 35% of broker's profit from direct clients | 20% of profit from sub-partners | 15% | 12.5% | 10% |
RoboForex provides partners with numerous tools in their client area for effective operation, including branded websites, banners, referral links, and other marketing materials. Partners can also use a personalized approach to their clients and flexible terms of cooperation.
RoboForex's client geography spans over 170 countries. The company serves clients from the European Union, South America, and other regions.
It is important to note that some specific terms and conditions must be followed when participating in the RoboForex affiliate program. Please refer to the broker's official website for more information.
2. InstaForex
InstaForex, a broker, offers its clients the opportunity to participate in an affiliate program. This international broker has operated in the Forex and binary options markets since 2007.
The conditions of the InstaForex affiliate program include the ability to earn a commission for each referred client and Forex bonuses and rewards for meeting specific conditions. The terms of the affiliate program are as follows:
- $15-20 per lot from each trader you refer;
- Up to $2000 for the first deposit;
- $2 per market lot for transactions made by your partners' clients.
The broker provides partners with various promotional materials and tools to attract traders and increase referred clients.
The client base of InstaForex broker is extensive, offering its services in various countries worldwide. The affiliate program is available to all interested parties, regardless of location.
3. Alpari
Alpari, a broker, offers an attractive affiliate program with some of the best terms available. Within this program, partners can attract traders to the broker's platform and earn a reward through the Revenue Share payment model - up to 60% of the spread for each trade made by the referred client.
The Alpari affiliate program provides a personal partner account where all necessary information about referred clients and reports on earned commissions are available.
The broker offers high payouts for each client brought in, a personalized approach to each partner, and access to various marketing materials for effective client acquisition.
One of the program's advantages is its global orientation and vast client geography. Alpari is one of the top Forex brokers in the CIS region. Still, the broker is also active in the international market and offers services in many countries worldwide.
4. Vantage
The Vantage broker affiliate program is one of the largest and most profitable in the industry. As a preferred broker for institutional and retail traders, Vantage assists its partners in earning increasing CPAs and rebates. Vantage's expanding network connects Forex partners with traders worldwide, opening up numerous opportunities.
Vantage is a global CFD broker, providing clients access to a flexible and robust platform for trading CFDs on Forex, indices, commodities, ETFs, and stocks.
Critical Types of Vantage Affiliate Programs
| Program | Description | Target Audience | Reward |
|---|---|---|---|
| CPA Affiliate Program | Competitive compensation for each qualified client brought in by the partner. | Website owners, social media influencers, affiliate marketers, and SEO professionals. | Up to $800 per acquired client. |
| Introducing Broker (IB) Program | Comprehensive IB commission for each client the partner brings and trading on the platform. | Fund managers, signal providers, EA suppliers, and multi-account managers. | Up to $8 per lot. |
The Vantage affiliate program offers tailored solutions for successful collaboration, adapting to various needs and client acquisition methods. Considering the company's global reach, partners have the opportunity to attract clients from all over the world, expanding their earning potential within one of the most lucrative affiliate programs in the Forex industry.
5. AMarkets
The AMarkets broker affiliate program commenced in 2007 and offers direct offers. The program provides three working models: CPA, CPL, and RevShare.
- Up to 60% of the broker's profit under the Introducing Broker (IB) model;
- A fixed income of up to $10 for each confirmed registration;
- A fixed payment of up to $500 for a funded account, depending on the deposit size.
AMarkets boasts a vast client geography. The broker accepts clients from various countries worldwide. Additionally, partners gain access to a vast array of marketing tools for promoting the broker.
6. Exness
The Exness broker affiliate program offers a unique earning opportunity by attracting clients to a world market leader. Stable income, access to the international market, and favorable conditions are the main advantages of the program.
Key Features of the Exness Affiliate Program
| Program | Main Features | Reward |
|---|---|---|
| Introducing Broker | Reward up to 40% of the company's revenue—earnings from the income generated by each active trader. | Up to 40% of the company's revenue per trader. |
| Affiliate Program | Reward of up to $1850 per client. Includes various commission plans. | Up to $1850 per client. |
Advantages of Partnering with Exness
- Global Trust: Exness is a trusted international broker in over 150 countries.
- Multilingual Support: The website is available in 19 languages, with customer support in 15 languages.
- Promotional Materials: Exness offers various promotional tools: banners, landing pages, videos, GIFs, logos, website widgets, and educational materials.
- Regular Payouts: For representatives and affiliates, payouts are made daily. Income can be withdrawn at any time.
- Detailed Statistics: Partners can track detailed reporting on client transactions, their effectiveness, and payout history.
- Business Management on the Go: Access the partner's account through a mobile app.
- Instant Withdrawal of Funds: Numerous payment systems for fund withdrawals, including WebMoney, Skrill, Perfect Money, Neteller, etc.
Exness attracts partners with its broad coverage, high payouts, and support in various languages, making it one of the most appealing choices for those looking to earn in Forex brokerage.
7. FxPro
The FxPro broker affiliate program allows traders to earn a portion of their profit. Participants can earn up to 55% of the broker's fees within the program.
Joining the program requires no initial deposit, and registration takes just a few minutes. Participants receive an individual link that can be used to attract new clients. Partners are provided with various marketing tools, such as banners and widgets.
The FxPro affiliate program is available to clients from various countries, including Europe and Asia. Terms may vary depending on the region.
8. Admirals
The Admirals affiliate program offers various earning opportunities, allowing partners to earn income for each attracted client. The program includes both Revenue Share payment plans and CPA payment plans.
Types of Admirals Affiliate Program
| Program | Description | Details |
|---|---|---|
| Revenue Share Payment | Partners receive a percentage of the company's commission on trades made by attracted clients. | Trade.MT4 and Trade.MT5: 25% of the spread. Zero.MT4 and Zero.MT5: 25% of the commission. Trades that are less than 3 minutes are not counted. Acceptable trades include Forex, Metals, Energy, and Cash Indices. |
| CPA Payment Plan | Designed for affiliates wishing to receive compensation based on the activity of the attracted client. | The reward depends on the client's country, minimum deposit, and the number of traded lots. Trades that are less than 3 minutes are not counted. |
Advantages of Partnering with Admirals
- Generous Commissions: Partners earn commissions for each attracted client.
- Transparent and Fast Payments: Clear statistics and reporting ensure a hassle-free commission process.
- Trusted Brand: Admirals is a regulated Forex and CFD broker with over 20 years of experience.
- Marketing Materials: Partners can access banners, widgets, brochures, email templates, landing pages, and more.
- Personal Support: A team of specialists is ready to assist partners and offer individual solutions.
- 24/7 Access to the Partner Portal: Access to partner offers, marketing materials, and reports.
Overall, the Admirals affiliate program provides a broad range of tools and support for attracting clients and generating income.
9. XM Group
The XM broker affiliate program offers unique opportunities for affiliates and introducing brokers (IBs) from more than 190 countries. The program stands out for its flexibility and transparency, offering numerous benefits and support for partners.
High Commissions
- Up to $25 for each trading lot executed by referred clients.
- 10% commission from second-level referrals.
- There are no limits on commissions per client or total commissions.
Partner Support
- Individual support for each partner.
- Regular and timely commission payments.
- Promotional and informational materials are available in multiple languages.
- Partners can track their results in real-time with detailed analytics.
Additional Earning Opportunities
- The opportunity to earn even more through various rewards and incentives for active partners.
Overall, the XM affiliate program offers a comprehensive and flexible approach to partnership in the Forex world, emphasizing high commissions, support, and convenience for partners.
10. IC Markets
ECN broker IC Markets offers an affiliate program with additional trading and investment activity rewards. As noted on the broker's official website, every user receives other compensation for the trading and investment activity of not only their traders but also clients brought in by them.
IC Markets Affiliate Program Terms
According to the terms of the agency program, a partner earns up to $1 for every full lot executed on a referral's account. The amount of profit depends on the total trading volume of their traders.
| Level | Commission per Lot | Monthly Trading Volume (Lots) |
|---|---|---|
| 1 | $0.25 | 1500 |
| 2 | $0.50 | 2500 |
| 3 | $0.75 | 3500 |
| 4 | $1 | 4500 |
IC Markets has a global client base covering more than 160 countries. Additionally, the broker is regulated in several jurisdictions, including Australia and Cyprus. Thus, the client geography of IC Markets is quite extensive and may be of interest to traders and investors from around the world.
How to Choose a Forex Broker Affiliate Program?
Choosing Forex broker affiliate programs can be a complex process, so it's essential to consider several criteria. Here are some of them:
- Reliability and Reputation of the Forex Company: Choose a broker with a good reputation and reliability that has proven its effectiveness in the market.
- Terms of Cooperation: Assess the broker's terms, such as the reward size, payment period, minimum withdrawal threshold, etc.
- Products and Services: The broker should offer products and services that meet the needs of traders. They should be of high quality to attract clients.
- Support Service: Pay attention to the quality of the support service. It should quickly and effectively respond to questions and problems.
- Promotional Materials: Evaluate the quality of the promotional materials provided by the affiliate program. They should be attractive and informative to attract clients.
- Competitive Environment: Study the competitive environment. It should be strong enough to provide you with a steady flow of clients.
- Payout History: Research the payout history of the affiliate program from other users' reviews. It should regularly and timely payout funds.
When choosing an affiliate program, it's essential to consider both these criteria and your personal needs and goals.
What is a Forex Affiliate Program?
A Forex affiliate program is a way to earn money in the financial market where a company offers its users the opportunity to attract clients to trade on the Forex exchange and receive a reward for each trader's transaction or other action.
Partners can be professional traders and people without trading experience who wish to earn money by attracting new clients. The company provides promotional materials, tools, and resources to attract users.
The affiliate program is one of the most popular ways to earn on Forex, as it allows traders and those who attract new clients to earn.
Types of Affiliate Programs with Forex Brokers
Forex brokers have several models of affiliate programs that allow users to earn. Let's look at some of them:
- CPA (Cost Per Acquisition): A reward scheme where the partner receives a fixed amount for each attracted client who opens an account and makes the first deposit.
- Revenue Share: A model where the partner receives a percentage of the broker's revenue generated from the trading of attracted clients. This percentage can be fixed or vary depending on the trading volume.
- Hybrid: A mixed scheme combining CPA and Revenue Share advantages. The partner receives a fixed amount for each attracted client and a percentage of the broker's revenue from that client's trading.
- White Label: A scheme where the broker provides its technological platform and services under the partner's brand. The partner can set their terms and requirements for their clients while receiving a commission from trading.
How to Attract Traders through the Affiliate Program?
Attracting traders through the Forex affiliate program can be a challenging process, but several ways can help:
- Using the Broker's Promotional Materials: Most Forex brokers provide their partners with promotional materials, such as banners, landing pages, and videos, which can be used to attract clients.
- Placing Ads on Your Website or Blog: If you have your website or blog, you can set the broker's ads and affiliate links.
- Attracting Clients through Social Networks: Social networks like VK, TikTok, and Twitter can be a great way to attract clients. You can post information about the broker and offer your followers to join it.
- Using Contextual Advertising: Contextual advertising can help attract clients already interested in trading in the currency market. You can set up ads on search engines like Google and Bing on thematic sites.
- Working with Acquaintances: If you have friends or acquaintances interested in Forex trading, you can offer them to join the affiliate program and earn additional income.
How to Track Referrals in Forex Affiliate Programs?
A unique system tracks referrals in Forex broker affiliate programs, allowing the partner to monitor which clients were attracted through their unique link or referral code. Let's look at a few ways to track referrals:
- Referral Link: Upon registration in the affiliate program, the broker provides the user with a unique referral link, which can be used to attract clients. When a client registers through this link, the referral information is saved in the tracking system.
- Referral Code: The partner can use a referral code to be passed on to the client for registration. The code can be unique for each partner and allows tracking of which clients were attracted through it.
- Partner's Cabinet: The personal cabinet provides information about referrals that were attracted through their links or referral codes. The partner can track their activity, trading volumes, earnings, and other parameters.
- Reports and Statistics: Most affiliate programs provide access to reports and statistics on attracted clients. They can include data on registration, trading volumes, earnings, and other parameters that help the partner monitor their earnings.
The referral tracking system in Forex broker affiliate programs allows the partner to control their income and the effectiveness of attracting clients.
How Much Can You Earn with a Forex Affiliate Program?
The level of earnings from Forex affiliate programs depends on many factors, such as the type of reward scheme, the number of attracted clients, their activity, trading volumes, and other parameters. Let's consider several factors that influence earnings from affiliate programs:
- Working Model: Different reward schemes such as CPA, Revenue Share, and Hybrid have different payout levels. For instance, a partner may receive a fixed amount for each attracted client under the CPA scheme, while under the Revenue Share scheme, they earn a percentage of the broker's revenue from the clients' trading.
- Number of Attracted Clients: The more clients attracted, the more earning opportunities. However, many clients do not always guarantee high income, as they may be inactive or not trade in high volumes.
- Client Activity: Active clients who trade in high volumes can bring in more income than inactive clients or those who trade in low volumes.
- Trading Volumes: The size of the broker's revenue and, consequently, the partner's income depends on the client's trading volumes—the more the client trades, the higher the income for both the broker and the partner.
The amounts that can be earned in Forex broker affiliate programs vary and depend on the specific program and conditions. However, successful partners can earn several thousand dollars a month or even more.
Conclusion
Forex broker affiliate programs can be an excellent way to earn money for those with skills in attracting clients and promoting broker services.
Many Forex brokers offer affiliate programs with various reward schemes, tools, and services. Choosing a broker that provides reliable services, has a good reputation, and offers competitive payouts is crucial.
To successfully earn from affiliate programs, various methods of attracting Forex clients should be utilized, such as promotional materials, social networks, contextual advertising, and other tools. Moreover, tracking your referrals and monitoring their activity is vital to maximize income.
FAQ
How much do Forex affiliates make?
Forex affiliates can make a significant amount of money, but the earnings vary widely based on several factors. These include the broker's commission structure, the number of referred clients, and the trading activity of those clients. Affiliates can earn from a few hundred to several thousand dollars per month. High-performing affiliates with a large network of active traders can earn even more, especially if they partner with brokers that offer competitive commission rates and bonuses.
How to affiliate in Forex trading?
To become an affiliate in Forex trading, follow these steps:
- Research and Choose a Broker: Identify and select reputable Forex brokers that offer affiliate programs. Look for brokers with favorable commission structures and reliable payment systems.
- Sign Up for the Affiliate Program: Register for the broker's affiliate program through their website. You'll need to provide some personal and payment details.
- Promote the Broker: Use various marketing strategies to promote the broker and attract potential traders. This can include creating content, running ads, using social media, and building a website or blog related to Forex trading.
- Track Your Performance: Most brokers provide an affiliate dashboard where you can monitor your referrals, commissions, and overall performance.
- Optimize Your Efforts: Continuously improve your marketing strategies based on performance data to maximize your earnings.
What is an affiliate program broker?
An affiliate program broker is a Forex broker that offers a partnership opportunity to individuals or businesses to promote their trading services. In return, the affiliate earns a commission based on the activity of the referred clients. These programs are designed to help brokers expand their client base while providing affiliates with a chance to earn income through marketing efforts. The commission can be based on various models, such as CPA (Cost Per Acquisition), revenue share, or hybrid models.
Can I make my own Forex broker?
Yes, you can create your own Forex broker, but it involves a complex and expensive process. Here are the main steps:
- Create a Business Plan: Develop a comprehensive business plan outlining your business model, target market, and financial projections.
- Legal and Regulatory Compliance: Obtain the necessary licenses and regulatory approvals from the financial authorities in the regions where you plan to operate. This often involves meeting strict financial and operational standards.
- Set Up Infrastructure: Establish the technological infrastructure, including trading platforms, servers, and security systems. Partner with liquidity providers to offer competitive trading conditions.
- Marketing and Recruitment: Develop marketing strategies to attract clients and hire experienced staff to manage operations, customer support, and compliance.
- Ongoing Operations: Continuously monitor and improve your services to ensure client satisfaction and regulatory compliance.
Starting a Forex broker requires substantial capital, expertise, and ongoing effort to succeed in the competitive financial markets.
