As soon as you learn about Forex market and classic online trading, pay attention to the opportunity to increase your income. Besides using the PAMM system, rebate projects and other services, have a look at the affiliate programs.

The affiliate programs offered by forex brokers help to receive zero risk income from the Internet by attracting new clients to the company. Often they are based on the following scheme:

• You register with the website of a broker as a partner (choosing the type of partnership);
• Receive a unique affiliate link, promo and educational materials;
• Refer clients;
• Earn from the activity of your referrals.

The referrals are traders who have opened trading accounts with the broker upon your recommendation. After a trader has followed your affiliate link and opened a trading account with the broker, he is automatically included in your affiliate group. In this case every trade of the referral brings you money.

By the way, a partner is not necessarily a trader. Both individual and legal entity as well as those who strive to extend their business in the Internet or in the financial field can register with the forex affiliate program.

How do referrals bring profit to a partner? The main tool of a partner is the affiliate link, which can be embedded in any object of the website. If a user who followed the affiliate link opens a trading account with the broker, he is added to the partner’s affiliate group so the partner will be paid a commission for his every trade (both profit and loss). For example, partners of InstaForex Company receive 1.5 – 2 pips commission for every trade of every referral. Moreover, affiliate program can have several levels. It means that a partner can refer more partners to the company and receive a part of their commissions.

The partner can also take advantage of the affiliate statistics that contains the following information: the number of users followed the affiliate link, the number of referred clients, and the amount of received commission.

Some brokers provide partners with promo materials such as banners, informers, booklets and ready-to-use website. The range of promo depends on the affiliate program.

Affiliate program is a sure way to earn money in the Internet. Moreover, the potential income is quite high with little efforts! Choose affiliate programs of the brokers with solid business reputation and well-known brand.

Often partners place their affiliate links and banners on blogs, in forum profiles and signatures, in social networks, articles, etc. Practice proves that the most efficient advertisement is the one offering to learn something new and useful.

Added by Andrey Misyuk,
InstaForex Clients’ relationship manager