A forex affiliate is a marketer who works in the financial services industry to promote products and services of foreign exchange trading brokers like BlackBull Markets. The affiliate marketer receives a commission for each referral they send.
There are many types of marketing models which forex affiliates can use when working with BlackBull but it’s quite common to own a website with reviews or comparisons, and information or news about the foreign exchange industry and the various forex brokers that operate in this space. Anyone who promotes a forex trading platform or broker by publishing content on their website, social media, or another online medium, can be a forex affiliate.
Forex affiliates make money by referring traders to forex brokers but the way they are compensated may be different depending on the affiliate program. Here are some of the ways that you can earn with BlackBull Markets.
Although it pays a lot less, cost per lead is great for affiliates because they get paid even when the traffic that they send to a forex broker doesn’t deposit or trade.
The commission for CPA is higher than CPL because traffic needs to qualify before an affiliate gets paid for it.
To get started as a forex affiliate you do not need extensive knowledge about foreign exchange trading as you will not be interacting directly with any of the referrals that you send to BlackBull Markets.
If you have a relationship with your referrals, have a look at our Introducing Broker program. Forex Affiliates will be provided with all of the relevant marketing tools they will need to get started.