If you have or are planning to create a Forex related web site, you may be wondering what the best Forex affiliate programs are. There are many available to web marketers these days and they fall into a few general categories.
The basic categories that Forex affiliate programs fall into are as follows. Forex Brokers, Forex trading software, Forex training and Forex signals. The best Forex affiliate programs are two tier programs. This means that as an affiliate you can earn commissions from the efforts of people who join as an affiliate from one of your links. This allows you to steadily build a passive income from your marketing efforts.
In a single tier program you are only paid for each sale or action. Once you have been paid, that income source is exhausted. With a two tiered program you are paid a smaller commission for sales or actions generated by affiliates under you. This is a much more lucrative scheme as it multiplies your earning potential from every conversion.
Most Forex broker affiliate programs employ a two tier system. The best affiliate programs among these also provide for revenue sharing or "Revshare". With Revshare you can choose to receive a small percentage of every transaction your referral makes rather than a one time cost per action (CPA) payment. If you are in it for the long term a Revshare program can generate continuing income for as long as the referral remains active. The best Forex broker affiliate programs will offer you a choice between CPA or Revshare payment. With the two tier structure you can boost your earnings potential greatly by recruiting new affiliates.
In the case of Forex trading software the programs are often limited to a straight commission on the sale. The best Forex affiliate programs for trading software are two tier and will also have a "bonus" structure. This is a scheme where you will get paid a higher commission the more sales you make. The bonus levels are stacked so you receive a higher commission when you reach certain performance levels. The two tier programs offer a reduced commission on second tier sales as well. Again recruiting new affiliates can really increase your income stream.
With Forex training programs and the like the commission structures are handled much the same way as with trading software. The best affiliate programs are again the ones which offer a bonus structure and better yet a two tier payment system.
Along with the boom in online Forex trading came the Forex signal services. These services provide suggested trades on currency pairs to subscribers of the signal service. These trades are determined by humans and/or trading software and the service delivers the information to the subscribers of the service. Due to the time sensitive nature of Forex signals the suggested trades are delivered to subscribers by SMS, RSS, Twitter or other relatively instant method. Signal services generally offer a single tier payment scheme. The best Forex signal affiliate programs will offer a performance bonus structure as well.
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