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Best Forex Affiliate Programs For 2023 & Alternatives

By: JosiahDec 08, 2023Affiliate Marketing
Best Forex Affiliate Programs For 2023 & Alternatives

Even though the affiliate marketing business has been around for a long time, many individuals are still unfamiliar with it. More options will become available to you as you earn experience and develop your abilities!

Use Forex to open the door to an entirely new world of affiliate marketing earning potential!  And know how can you use the Forex market to increase your affiliate revenue.

When writing my review and opinions, I've decided to dig further. Is Forex a scam like so many others that I've come across? This Forex affiliate program review will help you decide if this program is correct for you!!

DISCLAIMER:

This Forex Affiliate Program review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Various options and opportunities that you can take.
  • Good learning process for beginners in marketing industry.
  • It is very easy to start signing up.
CONS
  • Affiliates are not in control in the Forex affiliate programs.
  • It is impossible to build a customer base.
  • Affiliate links can be hacked.

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

In this Forex review, we’ll dive into the pros and cons of the program.

But before that, let’s ask ourselves: Is affiliate marketing even a worthwhile business model?

On the one hand, the promise is great…

You don’t have to create products, worry about fulfillment, customer service, or bad reviews.

Your only job is to get the right customers in front of the right offer, and take a commission when they buy.

And - theoretically - you can do it all in an hour a day from the beach.

Sounds simple, right?

Well, not really. Driving traffic (that’s internet speak for getting customers) is single-handedly the hardest part of the entire marketing process.

Later in this review, we’ll talk about all the different skills you need to drive traffic successfully.

For now, let’s just say the promise doesn’t really match up with reality.

At best, affiliate marketing is a job. You’re working for someone else, selling their products, and at any time, they can change your commission structure or block you from selling their stuff entirely.

In this business, you don’t really own or control anything. Since - for the most part - you’re driving traffic (again, the hardest job of all) and sending it to someone else, you don’t even get to keep the customers, who are the most valuable piece of the puzzle.

At worst, affiliate marketing is a pyramid scheme. There are certain - ahem - programs that charge you a monthly “membership fee”, under the guise that you will learn how to be a “wealthy affiliate marketer”.

Once you join, however, you find out the only way to really make money is by being an affiliate for that program.

That’s pretty much the textbook definition of a pyramid scheme.

Now, let’s say you really want that hour-a-day-work-from-the-beach lifestyle.

Living The Beach Lifestyle

What if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Thousands of dollars and hundreds of hours before seeing your first dollar
  • Doing all the hard work of driving traffic to only get a tiny commission
  • Running your business on someone else’s terms

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day testing, tweaking, and risking your money in the hope you can finally start making sales?

If that sounds like something you’d be interested in, check out Digital Leasing. 

TESTIMONIAL - Still Getting Paid

This is like taking all the good parts from affiliate marketing (however few there are), and putting aside all the bad.

However, if you’d still like to know more about Forex, keep reading.

What Is Forex Affiliate?

What Is Forex Affiliate

When a marketer promotes a specific product or service on behalf of another, they are said to be working as a Forex affiliate. If a campaign or reference leads to a sale, the marketer receives a commission.

The term Forex affiliate marketing refers to the practice of promoting a third-party broker's website and trading platform to your customers. After clicking the offered link and signing up, a new account is created for the consumer.

If you want to be a Forex broker and to get people to buy your items, you need to use affiliate marketing.

How Does Forex Work?

How Does Forex Work

When a customer clicks on a link that has been promoted by an affiliate, they become a customer. However, you can use a variety of mediums to spread the word, such as blog postings, YouTube videos, Twitter, and even social media sites like Facebook.

It's a common misconception that Forex affiliate marketing cannot generate "real" income. This isn't true, and it's usually held by those who haven't tried it and don't plan to.

Those who persevere and continually improve their abilities may be able to give up their day jobs after a certain amount of time.

How Forex Affiliates Make Money?

How Forex Affiliates Make Money

If forex affiliate marketing is so successful, how do its participants make a buck? Affiliate programs are a great way to earn money.

These are programs offered by forex brokers that allow affiliates to receive commission and profit under specified conditions.

You'll see the same thing referred to as CPA when you search the internet for various Forex affiliate programs.

You get paid a set amount of money each time a customer you referred makes their first deposit, which is known as the cost per acquisition (CPA).

How Can You Benefit From Forex Affiliate Networks?

How Can You Benefit From Forex Affiliate Networks

Benefits range from the ease of passive income to the flexibility and development possibilities. Because there are so many different sorts of investors and traders out there, the Forex affiliate marketer has practically limitless marketing chances.

As an example, "CFDs," or contracts for difference, provide you significant leverage, and with a tiny investment, you can earn greatly. The use of CFDs and the available affiliate networks allows you to refer traders and investors who will maintain active trading accounts.

In order to trade and leverage numerous financial markets, from bitcoin to commodities, you can utilize a CFD broker. Regular Forex affiliate programs allow you to monitor your success and receive rapid payouts as well as free marketing and training resources.

Forex Affiliate Network 2022

Despite the fact that not all networks offer free marketing tools and promotional materials, they are easier to locate than you might imagine. From CPA and RevShare to hybrid deals and white-label solutions, you'll have a wide range of commission arrangements at your disposal.

Best of all, you won't be on your own with the appropriate broker. When you sign up for a Forex marketing program, the finest brokers will give you with a personal account manager.

Support is available in a variety of languages and on a variety of time schedules, which can help you succeed. That is why many reviews promote forex affiliate programs. A new trading platform or app can go much further in terms of commissions, of course.

What Are The Best Forex Affiliate Programs?

What Are The Best Forex Affiliate Programs

The term "Foreign Exchange" refers to a type of online investing in which you essentially wager on the future exchange rates of a certain currency pair. Forex stands for Foreign Exchange market. The finest Forex Affiliate Programs are listed below:

The Traders Union Affiliate Program

The Traders Union Affiliate Program

This service is the best among all the forex affiliate marketing programs since it allows you to make money from more than one broker at once. Traders typically open accounts with two or more brokers at once, according to our data.

FxPro - Introducer Program / Affiliate Program

FxPro Introducer Program Or Affiliate Program

It's a well-known Forex, CFD, and other market broker, FxPro. Customers can open a real account for as little as $100 after making a $100 deposit into a test account.

XM - Partner Program

XM Partner Program

XM is an excellent choice for affiliate marketers because of its cheap initial deposit requirement. It's much easier to attract folks to sign up and make a deposit when the minimum deposit is only $5.

As part of the XM Partner Program, all participants have the potential to earn money from the referrals they make. With a commission rate that can go up to $25 for a lot, you can get many commissions from a single client.

Admiral Markets - Media Partner

Admiral Markets Media Partner

When it comes to earning money from your efforts, Admiral Markets is a Forex affiliate program that has a simple four-step affiliate scheme. The library of promotional tools - including banners - is available to you once you've registered.

AvaTrade - Partner Program

AvaTrade Partner Program

AvaPartner is a tool designed to help AvaTrade's affiliates succeed to promote Forex affiliate programs. When it comes to AvaTrade, one of the things that sets them apart is their reputation for paying out generous referral commissions.

Flexible payment structures allow you to pick how you want to earn from the process. Flexible payment structures allow you to profit.

eToro - Partner Network

eToro Logo

Members of eToro have the option of copying transactions made by other users as soon as they sign up. Traders may see their own risk level and how many forex trading they've made in a single profile.

FXCM Affiliates - Affiliate Network

FXCM Affiliate Network

With the FXCM Affiliates platform, you can open an account for free because there are no affiliate costs. It's important to know that your affiliate account won't be ready right away.

A response to your application takes five business days to go through the evaluation process.

Swissquote

Swissquote

It is possible to utilize Swissquote for a variety of various trading methods because it is a multi-asset trading platform. Among the assets offered by the firm are forex and cryptocurrencies.

As well as a trading platform, Swissquote is renowned as an excellent investment prospect for those looking to diversify their portfolios.

TradeNation

[caption id="attachment_64271" align="aligncenter" width="999"]Trade Nation-Trade Nation- A Fresh Approach to Trading Trade Nation Logo (CNW Group/Trade Nation)[/caption]

As Core Spreads since 2014, TradeNation is now focusing on launching Trade Nation as a full-fledged company. We've evolved from a one-person operation to a reputable global trading firm, regulated by the FCA in the UK, ASIC in Australia, the FSCA in South Africa, and the SCB in the Bahamas.

United Affiliates Network

United Affiliates Network

The exclusive focus of United Affiliates Network is on the financial services and gaming industries, respectively. Google ads and SEO, Facebook and email campaigns are the only traffic sources that the network works with.

When it comes to running and generating traffic for the financial industry, affiliates get all the resources they need. They can even help with the "know-how" and the ABC steps necessary to run traffic from Google, Facebook, and email campaigns. With Google Ads and Facebook Ads campaigns, SEO, and email marketing, advertisers can expect to receive a lot of high-quality traffic.

Is Forex Affiliate Program A Scam?

Scam or Legit

So, is Forex a scam? Not technically. You can make money with this program, but making money with affiliate marketing definitely isn’t as easy as the company makes it sound.

Driving traffic is extremely difficult. In order to do it successfully, you need to at least understand all these things, if not be a ninja at them:

  • Copywriting
  • Google Ads
  • Facebook Ads
  • Content Writing
  • Website Building
  • Conversion Optimization
  • Automation
  • Email Marketing
  • Click Tracking
  • Retargeting/Remarketing
  • SEO
  • Backlinking

And a lot more.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - the actual commissions are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you only needed 1 or 2 of the above skills to get started, instead of mastering all 12 before seeing your first dollar?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing. 

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To Forex?

alternatives

What Is My Top Recommendation For Making Money In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With Affiliate Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own customers.
Look at the fine print for most affiliate agreements. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Leasing, you own the assets, which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum. 

If you wanted to double your income with affiliate marketing, you’d have to double your traffic, double the average order size of each customer, OR double your commission rate. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

5) Make Money Helping Real People: This part is what makes it all worth it. With affiliate marketing, you’re selling the product with the best commission rate, NOT the one that’s going to improve the most people’s lives.

And that makes it pretty hard to sleep at night.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Forex which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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