Affiliate marketing has become a significant part of the digital economy. Some studies show that the global affiliate marketing industry is already valued at approximately $27.8 billion, and projections indicate that we can expect even more growth in the coming years. On average, an affiliate marketer in high-performance niches like finance and travel can earn up to $8,000 per month.
The online trading industry is also experiencing massive growth. Brokers have noticed that most investors and traders entering the market are now under 30 years old. This new demographic group is more likely to use mobile phones and other forms of mobile accessibility to interact with online trading platforms, invest in stocks, and day trade in the Forex market.
The global online trading platform market is expected to grow from $10.15 billion in 2024 to $16.71 billion by 2032. This is why several Forex brokers are investing significantly in affiliate programs to find talented individuals who can utilize a variety of marketing tools to promote trading platforms online.
Given this scenario, you can benefit from this race by joining a Forex affiliate marketing program. You can start earning that sweet affiliate income right now by taking notes on the topics we’ll cover in this article.
As trading affiliate programs become more popular, you should remember that not all stock market affiliate programs are alike. When someone wants to become a prop trader, we always emphasize the importance of studying the best proprietary trading firms before deciding which one to join. The same applies when choosing an affiliate program.
You should consider joining only comprehensive affiliate programs from reputable and transparent firms. Questionable firms may not only fail to pay you for promoting their trading services but are also difficult to convert, as your audience is unlikely to trust them due to their poor reputation in the trading business.
Trading affiliate programs offer you the opportunity to earn high profits. In these programs, your task is to reach an audience interested in trading and encourage them to click on your affiliate links. You earn a commission every time these referred clients take a desired action on the trading platform, such as opening an account or making their first deposit. Some programs even allow you to earn passive income based on the daily trading volume of your referrals within the platform.
Forex and stock market trading affiliate programs offer different types of commissions. Each method has its advantages and disadvantages and is better suited for different types of affiliates and their audience. Some of the most common methods include:
Several players offering trading services are now investing in their own affiliate programs to attract more clients. This is where you can take advantage of this trend. Remember, an affiliate program is a partnership, so you need to collaborate with those who are at the top of their game.
Finding the best Forex affiliate program is no easy task, but I decided to conduct research online and compile a list of the best programs for 2024. Let’s take a closer look at their advantages and disadvantages, including the amount of marketing materials they provide and whether they offer personal account managers to help you succeed in this career.
SabioTrade is one of the leading players in the world of proprietary trading right now, financing several traders around the globe. You can read more about the fundamentals of proprietary trading to understand what SabioTrade does and its goals in this market, which is important if you want to promote SabioTrade products among your audience.
SabioTrade’s affiliate program is designed to attract talented traders to its Forex trading program. Although it is a newcomer in the affiliate marketing world, its program includes several advantages, such as:
AvaPartner is the affiliate program for AvaTrader, one of the largest trading solution firms globally. It offers a profitable affiliate program consisting of the following:
The Vantage program is highly regarded in the affiliate marketing world. It offers competitive CPA payouts and transparency in tracking performance. It also provides multilingual marketing tools, and its strong global presence makes it an excellent choice for those looking to join an affiliate network. Its key features include:
HY Affiliates is an affiliate marketing program developed by HYCM. It offers several payment models and high conversion rates. Its key features include:
RoboForex is an international broker whose programs often offer extremely competitive commission shares based on the activity of your referrals on the platform. This program definitely ranks among the best trading affiliate programs of the year, and its key features include:
IC Markets’ financial affiliate programs are known for their reliability and global reach. They offer a very competitive revenue-sharing structure that can significantly increase affiliate profits. Their program features include:
The Exness affiliate program is another reputable program known for its high CPA payouts, premium marketing materials, and strong brand presence. Its key features include:
Plus500 is also one of the most well-known brands in the trading world. Their platform is recognized as very user-friendly, which makes it easier for beginners to make sales. The main features of their affiliate program include:
Eightcap is a company specializing in online trading and regulated by the Australian Securities and Investments Commission. It is recognized in the trading community as a reliable broker with multi-jurisdictional regulation. Its affiliate program offers the following opportunities:
TradingView is the largest site in the world when it comes to trading and investing. Thanks to its global process and multilingual support system, it offers everything necessary to become a successful partner. Their program includes:
You can always refer to the following table to compare all these programs and decide which one suits you best. Considering these features, you’ll have everything you need to start your affiliate journey today.
| Element | Affiliate Program | Commission Structure | Payment Model | Advantages | Disadvantages | Trading Instruments | Available Markets | Geographical Restrictions |
| 1 | SabioTrade | CPA $100 or 35% of income | CPA, Revenue Share | High-converting brands, professional support, creatives on request | Relatively new program with growing recognition | Forex, stocks, commodities, CFDs, cryptocurrencies | Global | Not available in OFAC sanctioned countries. |
| 2 | AvaPartner | Flexible (CPA, Revenue Share, Hybrid) | CPA, Revenue Share, Hybrid | High commissions, reliable payouts, personal affiliate manager | High competition among affiliates | Forex, stocks, commodities, indices, cryptocurrencies | Global | Restrictions may apply according to local laws. |
| 3 | Vantage Partners | Up to $1200 CPA | CPA | Competitive commissions, transparency, multilingual tools | Limited marketing materials | Indices, stocks, cryptocurrencies, CFDs, Forex | Global | No clear details on restrictions |
| 4 | HY Affiliates | Up to $1000 CPA, revenue share, lot discount | CPA, Revenue Share, Lot Discount | High commissions, dedicated affiliate managers, performance reporting | Strict qualification criteria | Forex, commodities, indices, cryptocurrencies | Global | Restrictions in certain jurisdictions |
| 5 | RoboForex | Revenue Share up to 70% | Revenue Share | Daily payouts, extensive marketing materials, competitive structure | High competition | Forex, stocks, indices, commodities, cryptocurrencies | Global | No clearly defined restrictions |
| 6 | IC Markets | Up to 50% commission | Revenue Share | Fast withdrawals, multilingual support, reliable broker | Limited advertising materials | Forex, commodities, indices, cryptocurrencies | Global | Restricted in the USA, Canada, Brazil, and other regions. |
| 7 | Exness | Up to $1850 CPA | CPA | High CPA rates, high-quality marketing materials, strong brand presence | Strict qualification criteria for directions | Forex, metals, cryptocurrencies, energy commodities | Global | No public data |
| 8 | Plus500 | Up to $600 per conversion | CPA | High CPA values, regulated environment, user-friendly platform | Limited trading instruments compared to other companies. | CFDs on stocks, forex, commodities, indices, cryptocurrencies | Global | Local regulations-based restrictions |
| 9 | Eight Caps | Up to $1000 CPA | CPA | MT4/MT5 platforms, numerous awards, educational support | High competition | CFDs on Forex, commodities, indices, stocks, cryptocurrencies | Global | No specific public restrictions outlined. |
| 10 | TradeVid | Up to $100 per subscriber, up to $1500 for professional plan | CPA | Advanced charting platform, large user base, social media features | Limited direct trading options | Charts for forex, stocks, cryptocurrencies, commodities | Global | Some regions may have restrictions. |
Choosing the right broker in the forex community is crucial to avoid problems. It is better to work with regulated brokers, as they provide greater reliability and security. Always remember to check their payment terms, including thresholds and payout frequency.
Affiliate programs that provide high-quality trading software for their traders and high-quality advertising tools for their affiliates, such as banners and landing pages, are likely to have higher conversion rates. Don’t hesitate to reach out to other affiliates and look for reviews and feedback to assess how well the broker’s affiliate program performs.
Avoid working with companies with questionable reputations or brokers known for payment delays. Stay away from those who do not provide marketing materials for their affiliates, as this can make it difficult to attract qualified clients.
Applying for an online trading affiliate program is quite simple. First, you need to find the registration link, which you can easily do by Googling something like “[Broker Name] Affiliate Program”. Most programs require you to fill out a form and provide documentation for identity verification.
Some brokers may ask you to provide links to your social media profiles or website where you plan to promote their products. They may evaluate whether these meet their standards and quality requirements.
The approval process can take several weeks or months. Rejections often occur due to non-compliance with broker rules and requirements, so be sure to review them before applying and make any necessary changes to your website and social media to meet the broker’s expectations.
There are several marketing strategies to effectively attract new clients to the platform. To increase your chances of success, choose programs that provide you with the best marketing tools, including banners, landing pages, email templates, and visual assets for social media posts. There are free websites online that you can use to create your own visuals if needed.
Whether you write articles or create videos, focus on high-quality content. Spend some time researching the pain points and needs of your audience. Most people wanting to start trading usually explore topics related to it. Learn about technical analysis and the basics of chart analysis for traders. Write about it and create videos covering this topic to attract both beginners and professional traders, then find a way to provide them with your affiliate links to direct them to join the platform.
Dive deep into the art and science of digital marketing. To succeed in online affiliate marketing, you need to acquire knowledge in:
Most beginners don’t understand the importance of joining reliable programs. If you get caught promoting untrustworthy brokers, your audience won’t forget it, and you may lose their trust.
Beginners also tend to overlook the importance of compliance requirements. Platforms like Google usually have several policies regarding the use of paid traffic to promote financial services. Failing to meet their requirements can lead to account bans or even losing affiliate status.
To avoid these pitfalls, ensure you choose the right brokers. Pick a broker with a good reputation in the market, ensure their rules and requirements are transparent, and also remain transparent with your audience when promoting financial products. Don’t forget to mention that trading stocks in a virtual environment involves risks, as failing to do so can damage your reputation and result in account bans on certain social media platforms.
To increase your chances of achieving higher conversion rates and earning more, immerse yourself in digital marketing. Learn everything you can about A/B testing to find the most optimal ads and creatives, study copywriting to craft compelling texts that boost conversions, and learn how to understand the key performance indicators of paid campaigns to ensure you’re targeting the right audience.
Always keep your audience and content niche in mind when choosing an affiliate program. Focus on brokers with good reputations and reliable payment systems. Ensure they also provide you with the most effective promotional tools for the best results in reaching your audience.
Success in affiliate marketing is achieved by choosing reliable brokers and creating valuable content for your audience and potential clients. Start small, focus on one traffic channel — such as a YouTube channel or blog — and monitor how you perform on that platform. Gradually expand your promotions and channels as you gain experience and confidence as an affiliate.
