Forex affiliate marketing is one of the most popular ways to earn online.
It doesn’t require a website, and it can be done easily from home. If you’re looking for an idea to start earning with Forex, read on: Whether you’ve traded currencies before or not, you’ve probably heard about the foreign exchange market – forex for short.
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It’s one of the largest markets in the world, and it’s open 24 hours a day, five days a week (Sunday through Thursday). Around $4 trillion is traded in foreign currency every business day.
That makes forex twice as large as the stock market. Some traders earn hundreds of thousands, even millions of dollars in a single day.
If you’re new to the forex market, you’ll need some starting capital. Some brokers will accept as little as $50, but it’s preferable if you deposit between $500 and $1,000 initially. Once you become more familiar with trading and start making consistent profits (this usually takes at least a few weeks or months), you can deposit more money.
As I mentioned above, there’s no website required for this idea – just a brokerage account and the know-how to use it. So how much can you earn as a forex affiliate marketer? The sky is the limit, but if you want an idea of what to expect, take a look at the information below;
Example 1: Scott making $9,000/m
Monthly income: $9,000
Affiliate for: forexAffiliate
Commission structure: 50%
Conversion rate: 10%
This means for every 1 out of 10 people who opt-in to his offer, he makes a sale. And to be honest, it’s not unusual to have a conversion rate of 5%, 10%, or more. These leads are of very high quality. Why? Because the people who choose to opt-in to your offer are interested in making a purchase. They’re not just clicking around aimlessly.
If they were, they wouldn’t opt-in. Of course, Scott makes more than $9,000 per month. This is just what he reports to this affiliate network. Besides forexAffiliate, he has several other affiliate programs. There is no forex trader that uses only one platform for affiliate marketing, they usually have multiple.
Example 2: Nicolas earning $400-700/pm (recurring)
Monthly income: $400-700
Commission structure: revenue share (rate not stated)
The funny thing is, when he launched his first site, he didn’t even know what forex was. Since then, he’s gone on to launch several other sites promoting forex. Today, Nicolas’ sites generate a monthly income ranging from $400 to $700 per month, and he’s been doing this full-time for the past year.
Nicolas explains that forex affiliate marketing is a way for anybody to start an online business with little or no money, and it also includes an amazing marketing education that you can take advantage of. To be honest, you don’t need a million-dollar website to make money with forex affiliate marketing.
Nic’s got some pretty basic sites that are making him over $400 per month. And if you’re thinking that’s not much, remember that many of his sites are making him recurring commissions each month. Gone are the days when you can make huge money once and cash out. Even if you do, there is a high chance the money will leave as fast as it came. Today, the best way to make real money online is to build a business and let it work for you.
Example 3: Jeremy earning $3000/m
Monthly income: $3,000
Affiliate for: easyMarkets ForexAffiliates program
Commission structure: 60%
Conversion rate: 5%
After studying and testing various marketing methods, Jeremy landed on affiliate marketing for forex. He had some initial success but he knew he could be doing better. So he decided to join a new affiliate program and this time, his life changed forever.
He was earning more from one affiliate program than from all his previous affiliate programs combined. It just goes to show that you must find the right program for your business. Jeremy says, “the difference is like night and day, it’s very clear”. Honestly, who doesn’t want to earn an extra $3,000 every month?
Of course, this number doesn’t include Jeremy’s other sources of income. Don’t you think it’s time for a change? Jeremy has been with several affiliate programs before he stuck with one that earns him a steady income every month. You could be the next Jeremy if only you take that step today.
Example 4: $4,000/m from Maric’s review website
Monthly income: $4,000
Affiliate for: eToro
Commission structure: 80%
Conversion rate: 10%
Maric is a money-making machine, he doesn’t shy away from telling us how much he makes. He says it’s “something like $4,000/m”.
I don’t know how he does it but what I do know is that he makes the bulk of his money from affiliate programs. He has a review website where he talks about different ways to earn online, and eToro is one of the affiliate programs he recommends. At first, Maric didn’t know much about forex or financial trading, but that changed when he got started with forex affiliate marketing. This is the beauty of it, you can start with little or no knowledge at all, and still make a fortune.
The only thing you need is the right forex affiliate program, and I can assure you that eToro is one of them. How much do you want to make? Not everyone can answer that question, but if I come into your dream and tell you the exact amount you’ll be making in just a few years, would that motivate you to achieve your goal? You won’t know unless you try.
Example 5: $15,000/m from a portfolio of forex sites
Monthly income: $15,000
Affiliate for: FXOpen
Commission structure: 40%
Conversion rate: 1%
This is what I call a beautiful success story. The fact that you can make $15,000/m with forex affiliate marketing is amazing but the true beauty is in the details. This gentleman has a portfolio of websites where he earns money from an affiliate program with FXOpen. The whole idea is to create multiple income streams, so if one affiliate program goes dry, you have backup plans. This is the safest way to make money on the internet.
What are you waiting for?
Why are you still reading?
Start your forex affiliate marketing journey today!
It’s easy, it’s safe and it can be fun.
You just need to take that first step. So, what will be your new beginning after reading this article? Do you have a friend who needs motivation? Share this post with them
