Best Forex affiliate programs

The most detailed guide to the best forex affiliate programs from Santa. Detailed comparison of brokers.

forex brokers affiliate programComparison of 12 Forex affiliate programs – who is better?

In the adrenaline-pumping world of Forex trading, there are several ways to skin yourself, or in this case, make a profit. Enter the realm of forex broker affiliate programs – a side hustle in the digital age where your earnings depend on your ability to attract potential traders to the broker’s platform. It’s not just about trading currencies; we are talking about trade influence.

The Art of Partnership: What does it mean in Forex

Forex broker affiliate programs are partnerships in which individuals or companies earn commissions by referring new clients to a forex broker. These programs are a symbiotic dance of mutual benefit: the broker acquires new clients, and the partner receives a share of the trading activity generated by his referrals.

Logo Forex Broker Trust Score Legal Simplicity Min. Deposit
RoboForex 10/10 9/10 $0
Forex4you 8/10 8/10 $50
EXNESS 8/10 5/10 $0
XM 8/10 7/10 $5
Dukascopy 8/10 4/10 $100

The Mechanics of Forex Affiliation

The nitty-gritty of Forex brokers’ affiliate programs lies in their operation:

  1. Sign Up: You sign up for an affiliate program with a Forex broker.
  2. Referral Links: You’re given unique referral links or promotional materials to share.
  3. Promotion: You promote the broker using these materials on your channels – be it a blog, social media, or email newsletters.
  4. Commission Structure: When someone signs up or trades through your referral, you earn a commission. This can be a one-time payment per new client or a share of the revenue generated from their trading activity.

The Pitfalls and Pratfalls: Challenges in Forex Affiliate Marketing

While potentially lucrative, there are challenges and risks in Forex brokers’ affiliate programs:

  1. Market Saturation: With many affiliates vying for attention, standing out can be tough.
  2. Reputation Risks: Aligning with a disreputable broker can damage your credibility.
  3. Regulatory Compliance: Ensuring promotional content adheres to legal and regulatory standards is crucial.
  4. Performance Dependency: Your earnings are tied to the trading activity of your referrals, which can be unpredictable.

Comparison of Forex Broker Affiliate Programs

Comparing different types of forex broker affiliate programs helps potential affiliates choose the best fit for their needs. The table below provides a clear comparison:

Type of Program Description Commission Structure Ideal For
Cost Per Acquisition (CPA) Affiliates earn a set amount for each referred client who signs up and trades a certain number of lots. Fixed amount per qualifying client. Those with a network ready to start trading immediately.
Revenue Sharing Affiliates earn a percentage of the broker’s revenue generated from the referred clients. Percentage of broker’s profit from referred clients. Long-term partners looking for a steady income.
Hybrid A combination of CPA and Revenue Sharing. Fixed amount plus a percentage of revenue. Affiliates seeking both immediate and long-term earnings.
Lot Rebate Commission based on the number of lots traded by the referred clients. Amount per lot traded by referred clients. Affiliates with clients who trade large volumes.

Forex brokers’ affiliate programs offer a unique avenue to tap into the lucrative world of currency trading without executing a single trade.

However, like any high-reward venture, it requires savvy, strategy, and a keen eye for opportunity. In this digital gold rush, the tools are different — links and promotions, not charts and trades — but the game is the same: high stakes, high rewards, and no guarantees. Navigate wisely, and you might just find yourself sitting on a digital El Dorado. Welcome to the wild west of Forex affiliate

 

Saxo Bank Affiliate Program

Affiliate Program Saxo Bank Points
Commission type CPA 3
Commission size Low 3
Geographical restrictions Strict 2
Registration conditions Strict, difficult 0
Partnership terms Strict 3
Marketing tools Low 3
Detailed reports Low 3
Payments Monthly, bank transfer only 3
Service for traders Average, high deposit requirement 4
Blockages, customer theft Strict compliance with conditions 5
Sum of points 29

Final overview of the Saxo Bank affiliate program

At first glance, it seems that attracting traders to a broker with a better reputation, such as Saxo Bank, will be very simple. But the devil is in the details. Mammoths like Saxo Bank pay little attention to their affiliate program; they are greedy, ancient and slow.

Dukascopy broker affiliate program

Affiliate Program Dukascopy Points
Commission type CPA 5
Commission size Normal, high minimum deposit required 5
Geographical restrictions Normal 5
Registration conditions Strict, difficult 2
Partnership terms Strict 2
Marketing tools Low 2
Detailed reports Low 3
Payments Monthly, bank transfer only 4
Service for traders Good, high deposit requirement 7
Blockages, customer theft Constant control, can be blocked at any time 2
Sum of points 37

Dukascopy affiliate program Review from Santa

Dukascopy, a name that walks the corridors of the Forex trading world, has an intriguing affiliate program. But what’s really hidden behind its polished façade? Let’s analyze this program in parts.

The terms of the partnership are quite strict and are constantly monitored by the broker. This rigidity can hinder your marketing strategies and overall flexibility. Speaking of marketing, Dukascopy’s tools are quite ancient and useless.

Due to strict legal restrictions, many traders will not be able to register due to their location or large minimum deposit. Quite strict terms of payment for a lead that do not make sense. Created for only one purpose – not to pay you a commission.

Let’s summarize. It is quite easy to attract traders to a reliable broker, but all the benefits are negated when you run into a wall of bureaucracy.

 

Broker affiliate program Plus500

Affiliate Program Plus500 Points
Commission type CPA 3
Commission size Low 3
Geographical restrictions Strict, no payments for US 2
Registration conditions Strict, difficult 1
Partnership terms Strict 3
Marketing tools Normal 5
Detailed reports Normal 5
Payments Monthly, bank transfer only 3
Service for traders Average, requires a lot of documents 5
Blockages, customer theft Strict compliance with conditions 4
Sum of points 34

Review of the Plus500 affiliate program

The Plus500 affiliate program is a highly regulated and detailed platform that can be both attractive and challenging for potential partners. Strict geographic restrictions and registration conditions may limit the program’s availability to a wide range of traders.

To participate in the Plus500 affiliate program, the company’s managers will fully study your advertising materials and will get to the bottom of every word and picture, so you will have no freedom of action at all, and if you do something without approval, your account will be blocked.

It is also important to note that Plus500’s low commission and monthly payouts exclusively via bank transfer may not meet the expectations of some affiliates seeking higher earnings and flexibility in payment methods. Overall, the program may be suitable for those who are willing to abide by its strict terms and work within its limitations, but may not be suitable for those seeking easier, less regulated partnership opportunities.

 

IG Affiliate Program Evaluation

Affiliate Program IG Points
Commission type CPA 4
Commission size Low 3
Geographical restrictions Strict, no payments for US 2
Registration conditions Strict, difficult 0
Partnership terms Strict 3
Marketing tools Good 7
Detailed reports Normal 5
Payments Monthly, bank transfer 3
Service for traders Good, requires a lot of documents 7
Blockages, customer theft Affiliate accounts are often deleted without warning 1
Sum of points 35

Real review about IG affiliate programs

The larger the corporation, the stingier they become. Registration for IG affiliate programs is a separate quest, first they ask you for all the data and documents, and then the banal “we will contact you”, without the ability to log into your personal account. And then they simply delete your account without notice.

 

eToro Affiliate Program

Affiliate Program eToro Points
Commission type CPA, Revshare 4
Commission size Very low 0
Geographical restrictions Strict, no payments for US 2
Registration conditions Strict, difficult 0
Partnership terms Strict 1
Marketing tools Good 9
Detailed reports Normal 4
Payments Monthly, bank transfer 3
Service for traders Good, requires a lot of documents 7
Blockages, customer theft Blocking accounts by nationality 0
Sum of points 30

Whose affiliate program is worse than eToro or IG?

Ah, eToro’s affiliate program – a mirage in the vast desert of forex trading, promising lush oases but delivering only barren lands. You see, before you even get a whiff of profits, they bombard you with an avalanche of requirements, each more perplexing than the last. It’s like trying to enter an exclusive club, but the bouncer keeps adding new rules every time you meet the last one.

Then comes the punchline – nationality restrictions. Imagine being all geared up for the race, only to be told your passport is the wrong color. It’s like offering a kid a candy bar, then saying it’s only for kids from the next street over.

And if you miraculously navigate this bureaucratic labyrinth, what awaits is not a pot of gold, but a meager trickle of payouts, shadowed by a mountain of demands. It’s like being promised a feast and ending up with crumbs. In this high-stakes game, eToro plays the dealer who stacks the deck, ensuring the house always wins. So, tread carefully, my friends, for this path is riddled with more traps than treasures.

 

Alpari affiliate program review

Affiliate Program Alpari Points
Commission type CPA,Lot 6
Commission size Low 3
Geographical restrictions Low, not for US and some European countries 7
Registration conditions Easy 7
Partnership terms Lots of “fine print” to avoid paying. 0
Marketing tools Normal 5
Detailed reports Low 1
Payments A month late 2
Service for traders Bad, traders don’t stay long 0
Blockages, customer theft They steal all the big traders 0
Sum of points 31

Alpari, the broker with a guise as convincing as a wolf in sheep’s clothing, operates from the shadowy corners of offshore havens. It’s a realm where they can dance to the tune of their own rules, far from prying eyes. In this clandestine world, they’ve crafted an art form of dragging their name through legal battles, brandishing lawsuits like a knight wields a sword, all in the name of defending their so-called “impeccable reputation.”

But let’s cut through the fog of their legal theatrics. Behind this facade lies a grim reality for both traders and affiliates. Alpari, it seems, is more invested in funding their army of lawyers than in refining their service. They pour fortunes into legal battles, while their platform and customer service languish in a state of neglect.

Now, let’s talk about their affiliate program. It’s a masterpiece of complexity, wrapped in a labyrinthine contract designed to baffle and bewilder. For the unwary affiliate, it’s a trap set with meticulous care. The terms are so convoluted, so intricately woven, that getting a clear payout becomes a quest akin to seeking a mirage in a desert. And if, by some miracle, an affiliate brings in a high-value client, Alpari swoops in like a hawk, claiming the prize for themselves.

In this treacherous game, Alpari plays the puppeteer, pulling strings from their offshore throne, leaving traders and affiliates dangling helplessly. Their promises are as hollow as a drum, echoing with the sound of their own interests. So, for those contemplating joining forces with Alpari, a word of caution: you might just find yourself a pawn in their grand scheme, expendable and easily cast aside when your shine wears off.

 

Freshforex affiliate program or not so fresh anymore?

Affiliate Program Freshforex Points
Commission type Lot 5
Commission size Normal 7
Geographical restrictions Low, not for US and European countries 7
Registration conditions Easy 8
Partnership terms Lots of “fine print” to avoid paying. 2
Marketing tools Low 1
Detailed reports Low 1
Payments Manual processing, after 1.5 months 1
Service for traders Bad, Very ancient 2
Blockages, customer theft Account blocking for any reason 0
Sum of points 34

Useless broker from the CIS. I don’t know what could be worse: an ancient broker sending reports on clients in Excel spreadsheets, or a broker stealing a partner’s commission.
I present the Freshforex affiliate program, they combine both of these “advantages”.
How can you even be called a Forex broker if you do not have a single license to provide financial services? Remember the name – Freshforex, so as not to fall for this bait and work with them.

 

Amarkets affiliate program review

Affiliate Program Amarkets Points
Commission type CPA, Revshare 8
Commission size Normal 8
Geographical restrictions Low, not for US and some European countries 7
Registration conditions Easy 8
Partnership terms Lots of “fine print” to avoid paying. 0
Marketing tools Normal 5
Detailed reports Normal 6
Payments Manual processing, many payment systems 4
Service for traders Bad, traders don’t stay long 0
Blockages, customer theft Theft of large traders/accounts blocked for inactivity 0
Sum of points 46

Amarkets, my dear readers, is that same esoteric tramp in the world of affiliate programs who disguises himself as a noble broker, but in reality turns out to be just a charlatan in a tailcoat. It all starts with promises of huge commissions and ends with incomprehensible conditions that seem to have been written by Lewis Carroll himself during his acid marches.

If it looks like a broker, perhaps it is a broker? Oh my friends, it’s like looking at a clown at the circus and thinking it’s Charlie Chaplin. It may look great, but when it comes to the actual work, it turns out to be just a mannequin with balloons for a briefcase.

The Amarkets affiliate program is a carnival of promises, where each participant is like an acrobat on a tightrope, only instead of a network underneath there is a bottomless abyss of uncertainty and hidden payment terms. You think you’ve signed up for a trip to financial wonderland, only to find yourself in a mirror world where your every move is tracked and your earnings evaporate faster than Jack Kerouac’s ink on paper.

In the end, you stand there with a briefcase full of hope and eyes full of disappointment, and Amarkets laughs in your face like the Cheshire Cat, disappearing into thin air, leaving behind only a grin and promises that remained promises.

 

XM broker affiliate program – review and detailed assessment

Affiliate Program XM Points
Commission type CPA, Revshare 9
Commission size Normal, depends on trading volume 7
Geographical restrictions Low, not for US and some European countries 7
Registration conditions Normal 6
Partnership terms Normal 6
Marketing tools Good 9
Detailed reports Good 8
Payments Monthly, any payment systems 7
Service for traders Good 7
Blockages, customer theft Incomprehensible account deletions 5
Sum of points 71

In a world where every financial turn promises new adventures, I have found my true companion in the XM Affiliate Program. This is not just a broker, but rather a reliable sherpa on the way to the Everest of profits. Excellent conditions, fair commissions and a modern set of advertising tools. With XM I feel like Ferdinand Magellan on his way to new financial discoveries. Smooth transition, transparent conditions and most importantly respect for partners. XM is that rare case when you feel not just a participant in the program, but part of a big and inspiring journey!

 

Exness Affiliate Program: Symphony of Profit in the Orchestra of Financial Opportunities

Affiliate Program Exness Points
Commission type CPI, CPA, Revshare 9
Commission size Normal, depends on trading volume 5
Geographical restrictions Low, not for US and some European countries 7
Registration conditions Normal 5
Partnership terms Normal 5
Marketing tools Good 9
Detailed reports Good 9
Payments Monthly, any payment systems 7
Service for traders Good 8
Blockages, customer theft Blocking accounts by nationality 6
Sum of points 70

When I first joined the Exness affiliate program, I didn’t know what to expect. But it turned out to be like meeting an old friend who knows all your financial needs. With Exness, every step in partnership is like a breath of fresh air in the stuffy room of traditional brokers. They offer not just an affiliate program, but a whole kaleidoscope of opportunities that paints your financial life with the bright colors of success. Their support and constant desire for innovation make cooperation easy and profitable, as if you are in the rhythm of invigorating jazz, where every note is your income. Exness is not just a broker, it is your financial improviser that turns every transaction into the music of success!

 

Forex4you Partnership: Navigating the Trading Seas with an Old Faithful Captain

Affiliate Program Forex4you Points
Commission type Revshare 8
Commission size Good 9
Geographical restrictions Low, not for US and some European countries 7
Registration conditions Easy 9
Partnership terms Good, honest 9
Marketing tools Good 9
Detailed reports Good 9
Payments Fast, any payment systems 8
Service for traders Normal, but with high commissions, traders stay for a long time 7
Blockages, customer theft No 10
Sum of points 85

Review of the Forex4you affiliate program

Forex4you, ladies and gentlemen, is that same good old broker who, like a reliable friend, is always on your side. In a world where new brokers come and go faster than fashion trends, Forex4you remains a beacon of reliability and integrity.

They are not just a broker, they are like an old school gentleman who knows the value of his word and keeps his promises. With Forex4you, you don’t have to worry about unexpected problems. They ensure a smooth and stable trading process while always acting fairly and transparently.

There are no hidden terms or confusing rules in their affiliate program – just honesty, integrity and mutual respect. With Forex4you, you can be sure that your interests will be protected and your trading path will be free of unpleasant surprises. This is a broker who not only follows the rules of the game, but also respects his players.

 

Roboforex is the best affiliate program

Affiliate Program Roboforex Points
Commission type Revshare 8
Commission size Good, depends on trading volume 10
Geographical restrictions Low, not for US and some European countries 7
Registration conditions Easy 10
Partnership terms Good, honest 10
Marketing tools Low 4
Detailed reports Average 6
Payments Fast, any payment systems 10
Service for traders Good, traders stay for a long time 9
Blockages, customer theft No 10
Sum of points 84

RoboForex’s partner program stands out as a shining beacon in the sea of forex trading, reminiscent of Forex4you in its reliability but with a more modern, technologically advanced twist. This program is like a sleek, high-speed train traveling through the landscape of forex trading, where each station represents new, innovative opportunities for growth and profit.

The core of RoboForex’s allure lies in its cutting-edge technology, which empowers partners with sophisticated tools and analytics. It’s like having a futuristic control panel where every button and screen is designed to make your trading journey more efficient and profitable.

Despite its high-tech facade, RoboForex doesn’t lose the human touch. Their customer service is responsive and insightful, providing a safety net that is both comforting and invaluable. It’s akin to having a personal robot assistant who’s not only smart but also empathizes with your needs.

In essence, RoboForex’s partner program offers the best of both worlds: the reliability and honesty reminiscent of the old guard, like Forex4you, blended seamlessly with the agility and innovation of the modern age. It’s a platform where tradition meets technology, creating an unparalleled trading experience.

Frequently Asked Questions

A Forex affiliate program is a partnership where an individual or company earns a commission for referring new clients to a Forex broker. Affiliates use various marketing tools to attract clients and are compensated when their referrals sign up and trade with the broker.

Once you join a Forex affiliate program, you receive a unique referral link. You earn a commission when someone signs up through your link and engages in trading activities with the broker.

The best programs offer competitive commission structures, reliable and timely payouts, a reputable and regulated broker partner, strong marketing support, and transparent tracking and reporting tools.

Very important. The broker’s reputation, regulatory status, product offerings, and customer support quality directly impact the success of your referrals and, consequently, your commissions.

Unfortunately, there is no single option; it is important to choose a broker that accepts traffic from your jurisdiction.

Yes, you can join multiple programs. This can diversify your income sources, but it’s important to effectively manage and promote each program distinctively.

Most Forex affiliate programs are free to join. However, the costs associated with marketing (like running a website or advertising) will need to be considered by the affiliate.

Focus on effective marketing strategies to attract quality leads, understand your audience, provide valuable content, and choose affiliate programs that align with your audience’s interests. Regularly reviewing and optimizing your approach is key.

It all depends on your traffic, if you have constant traffic costs, then you need fast payouts, in this case, a CPA is ideal.
On the other hand, if you are willing to invest time and costs, then Lot Rebate can bring you a constant income, provided that the broker you work with does not have hidden conditions

Carefully read the conditions under which the broker pays remuneration.
If in the conditions you see that every month you must bring a certain number of clients or clients must trade a certain volume, then you should be wary, all these conditions are created so as not to pay you.