Affiliate brokers

Discussion in 'Forex Brokers' started by eleanorK80, Apr 14, 2024.

  1. eleanorK80

    eleanorK80

    How can you evaluate the long-term sustainability and profitability of an affiliate broker program?
     
    murray t turtle likes this.
  2. kroxobor

    kroxobor

    You need to study their commission structure, how it depends from the volume of clients that you referred. Also you may need to request access to conversion rates if you generate some leads for them, and retention rates too to access how many traders that you referred continued to trade with them (if they didn't wipe out their deposit).
     
  3. eleanorK80

    eleanorK80

    Are you using one?
    If yes, how do they pay commission? based on lot or trades?
     
  4. When checking out long-term sustainability, I always look at the broker's history and how transparent they are about payments. I've been working with FXGlory, and they pay me a rebate on every lot that gets opened, no matter if it's a win or a loss. But I recommend you carefully check their terms to see if they match up with what you're looking for!
     
  5. kroxobor

    kroxobor

    Great suggestion I also checked lots of stuff to verify HFM transparency including their execution policy, after verifying that they offer pure STP I signed up with them.
     
  6. Oh great! Glad to hear that was helpful :)
     
  7. When I'm sizing up an affiliate broker program for the long haul, I check their reputation, commission rates, and how well they retain clients. I also look at their CPA (Cost Per Acquisition), rebate structures, spreads, and net deposit requirements. Solid regulations, diverse trading options, and strong affiliate support with reliable payouts are key. It’s all about finding a broker that keeps everyone happy and pays you on time!
     
  8. Jas21

    Jas21

    That's a good approach. And if you’re after solid affiliate programs, check out XM—$25 per lot for referrals and 10% on second-tier referrals. Vantage is another good one with an $800 CPA if you hit 50 QFTDs and deposit targets. Fxview and Pepperstone are also worth a try.