Researching forex affiliate programs can be a long and daunting task, especially if you're eager to start making money A.S.A.P. When patience is lacking, you may be tempted to skim over a few articles comparing and contrasting different affiliate programs and signing up to one at random. But choosing the best forex affiliate program for you is the most important step, which will directly determine how successful the outcome will be!
Think about it - whenever you apply for a job, you need to undergo multiple interviews to make sure that you’re well-suited for the role. When going down a self-employed route, however, nobody other than yourself will be able to judge whether the role you’ve chosen is a good fit!
Not every business endeavour turns out successful, but choosing the right affiliate program will help you get closer to your goals. When planned correctly, an affiliate program creates a simple and relatively easy income channel for affiliates. But many affiliates make the mistake of joining the first affiliate program they come across, costing them both time and money.
In this article, we’ve put together a list of questions to ask yourself, if you want to become a forex affiliate. By considering these points, you’ll also be in a better position to choose the best program for you.
Do you have any experience?
Some forex affiliate programs are designed for people who already have experience in affiliation, whereas other programs may be more suitable for first-time affiliates. If you’re just starting out, it’s fine to go for a simple affiliate program until you get comfortable with the way things work. But often, affiliates tend to progress at a much faster pace than they anticipated, so you may end up switching to a more complex program shortly after signing up.
Alternatively, a versatile forex affiliate program can cater to both experienced affiliates and newcomers' needs. The LonghornFX affiliate program is one example. When joining the program, affiliates benefit from a flat rate of $3 commission per lot traded by all their referrals.
The most successful affiliates may also be promoted to the Deluxe Affiliate Program, which grants them access to a 5-Level Commission Plan to increase their earnings to $4.50 per lot traded!
The LonghornFX affiliate program is suitable for everyone. Simply sign in to your LonghornFX account or create a new one, and fill in the registration form from the ‘affiliate program’ tab on your dashboard! Click here to get started: www.longhornfx.com
How creative are you?
One of the main reasons traders shy away from becoming affiliates is the excuse that they’re not creative enough. In truth, some forex affiliate programs supply their affiliates with free promotional materials to help them build their campaign.
Did you know that creativity is like a muscle, which can be developed through training? Once you start building your campaign and seeing your results transforming into profits, you’ll have new ideas sprouting out of every corner of your mind.
Still, free promotional materials never hurt anyone! LonghornFX offers affiliates a selection of animated and static banners and email templates. They also give affiliates the freedom to be creative by creating their own personalised banners.
What are your expectations?
Managing your expectations is the key to becoming successful in any project. By having a clear idea of what your goals are, you’ll be able to fine-tune your campaign strategy and plan accordingly. This will make you more likely to feel successful once your monthly payday rolls around!
Brokers offering analytics and one-to-one guidance offer a huge advantage to their affiliates. Analytics tools will help you monitor your campaign to see what ideas worked, and which ideas should be shelved for the time being. An Affiliate Manager will be able to give you expert advice on how to improve your campaign, while also helping out with any questions along the way!
With the LonghornFX affiliate program, you’ll get access to your own Affiliate Manager, free marketing and analytics tools, as well as $3+ per lot traded by your referrals! Existing clients can sign up for free through their LonghornFX account, or create a new account at longhornfx.com to get started!