Forex or foreign exchange trading refers to the buying and selling of world currencies with CFDs with the intention of making a profit. CFDs essentially enable traders to speculate on the price movement of underlying financial assets which can include currency pairs like the EUR/USD or other types of assets including indices, shares, cryptocurrencies and commodities.

In order to be able to trade CFDs, a trader needs to have an understanding of the underlying financial assets and broader market, as well as be aware of the risks involved. In fact, around 80% of CFD traders lose money, which means that only 2 out of 10 have the knowledge and expertise necessary to profit from Forex trading. That being said, there are other ways to profit from the forex industry without having to be a broker or a market guru.

WHAT IS A FOREX AFFILIATE PROGRAM?

Most leading Forex brokers will offer forex affiliate programs for individuals with a strong online presence and a market-savvy audience. These forex affiliate programs will essentially reward you for introducing your traffic to their products and services, opening up the door to a possible second income stream.

HOW DOES IT WORK?

Forex affiliation works just like any other type of affiliation. You essentially refer your audience to a certain broker and then benefit from a commission on your referrals’ deposits or trading activity. If you have ever read a forex affiliate review, you probably know by now that there are 2 types of payouts: RevShare – lifetime commission for each lot traded by a client you referred and forex CPA.

There’s often the misconception that you need to have a website in order to become a forex affiliate affiliate or that the only way to generate forex traffic is by chatting on forums with other traders. Even though these methods undeniably work for some forex affiliates, there is a great number of ways to make money from forex affiliate programs.

HOW CAN I FIND FOREX TRAFFIC?

The truth of the matter is that without a decent following, you’ll struggle to refer anyone to the Forex broker. Not only does this mean you won’t be a particularly attractive partner for brokers, you also won’t be able to make much money as a Forex affiliate. The first thing you need to do is build a solid online following which also comes down to the quality of the content you produce. You need to post content regularly enough to keep people engaged with your site and/or with your social media profiles, not to mention to boost your rankings in search engines like Google.

Think carefully about the topics people interested in forex trading would want to hear about and focus on the problems they want resolved. Pay close attention to your SEO to encourage inbound traffic to your site or blog, and plug your articles extensively through social media channels.

WHAT CHANNELS DO I USE?

As a forex affiliate marketer understanding your audience and what they are looking for can help you better determine the channels through which to approach your traffic. There is a vast number of different traffic sources you can tap into.

What you should remember as an affiliate marketer is that dominating a single platform is not enough anymore. Your leads on Facebook are not on YouTube, and those on YouTube are different to those reading the content on your website. As such, the key to your success is to repurpose your content across multiple platforms relevant to your forex audience.

LOOKING TO BECOME A FOREX AFFILIATE?

Explore the opportunities of partnering with a leading broker by visiting Tradenamic’ forex Partners’ Portal . Alternatively, you may choose to complete our Affiliate Registration form directly. One of our Business Developers will contact you at a time of your convenience to strategise and create your own customised remuneration plan.

Given the sheer size of the global audience, there’s a niche market out there for all kinds of forex affiliate marketers from the educational websites, to the signal provider or lifestyle trader. Regardless of the kind of content you create, Instagram can help you reach a new, tech-savvy demographic that you can leverage to increase your conversions and returns. But how can you gain an Instagram following in the first place?

1. ESTABLISH YOUR NICHE WITH A PERFECT BIO

Before anything, you first need to make sure your Instagram bio is attractive. It needs to be able to tell your audience who you are, what you do and what is it that you want them to do, including a clear call-to-action.

2. ENGAGE YOUR AUDIENCE WITH INTERESTING CONTENT

Instagram is all about content, and not just any content. It’s about sharing high-quality interesting content. Having a sizeable fanbase does, mathematically, increase your chances of appearing in the feeds of more users. But what’s the point of that if people don’t engage with you or your content? The trick to increasing engagement is to create content that solves certain content needs for your audience. When it comes to a forex related profile, you could choose to provide your audience with actionable market information, real-time trading, your personal strategy or EA, trading tips, your set ups, your views on what’s currently happening in the markets or even just some inspirational posts on what CFD trading means to you and how it reflects on your lifestyle.

3. POST REGULARLY

Posting regularly is one of the ingredients of Instagram success, it’s a platform that requires you to be very active. Ideally, you should be posting at least once a day. If you can post more than that, 2-3 times a day, you will get better reach and engagement, enabling you to grow your account. There are a number of tools you can use to automate your posting or distribute your content to a number of social media platforms at peak traffic hours to optimise engagement.

4. LEVERAGE THE RIGHT HASHTAGS

Hashtags are a great way to improve the discoverability and reach of your content. Instagram allows you to use a maximum of 30 hashtags; but you should always remember to use your hashtags wisely. Try using ones that are relevant to your posts and will help you reach out to bigger audiences, but feel free to get creative and witty with your hashtags, as well. You may also use a hashtag manager to keep them organised. You can use it to store all your hashtags separately or in groups, which is really handy if have more than one account to manage.

5. UTILISE INSTAGRAM STORIES

Instagram Stories can be used in various ways. It’s a brilliant feature that should be utilised regularly as it increases engagement and makes your account look more credible and approachable. More importantly, when your account surpasses 10,000 followers, Instagram allows you to start adding hyperlinks within your stories!

You can now also take advantage of Instagram’s recent update which includes the ability to display story highlights on your profile. You may consider creating a few highlights to promote and encourage your audience to follow you on other social networks or even visit your website if you have one.

6. IMPROVE YOUR CONTENT QUALITY

One of the most important things you need to do to monetize Instagram is to improve your content quality. Standing out in an ocean of content creators will give you the edge you need to truly drive and convert traffic.   Always use high-quality images and never repeat your pitches. Additionally, you should strongly consider leveraging video content in the form of Stories or even on IGTV to stand out.

7. BUILD RELATIONSHIP WITH OTHER CONTENT CREATORS

An important element of growing your reach and influence is cultivating relationships with other content creators from your niche. You could always get in touch with them and ask them for a shoutout on one of their posts. Or you can actively engage with them and their followers on their posts. Better yet, you can collaborate with them to create content together.

8. ENGAGE WITH YOUR FOLLOWERS AND TARGETED AUDIENCE

Ultimately, being an Instagram success also comes down to how you engage with your followers. If you show that you are an actual human behind that profile picture and actively reply to your audience’s comments and direct messages regularly they will be more likely to engage with your content and convert down the line. This also applies to engaging with your followers content. Leaving a few likes, comments and following back your audience will help build positive healthy relationships encouraging engagement and trust.

HERE’S HOW IT WORKS

Join our December 2019 Grand Affiliate Competition for a chance to earn cash prizes amounting to $85,000. The rules are simple, all you need to do is secure at least 50 new FTDs during the month of December and claim one of the top 3 places on our Leaderboard by generating the highest average closed trading volume from Dec 1st – Jan 15th. Keep in mind that your average closed trading volume needs to be at minimum $200,000 to qualify for a prize. If you have less than that, don’t worry, you can still win other prizes.

$20,000 PRIZE POOL

The winners will be the top 3 affiliates that have generated the highest average closed trading volume from Dec 1st – Jan 15th. The total prize pool is $85,000. The first prize is $50k, the 2nd is $25k and the 3rd is $10k. All prizes will be credited directly to partner accounts and will be fully withdrawable.

READY? SET… GO!

Our forex affiliate program contest has just started and you may already be eligible to join, so don’t miss out on this one-of-a-kind opportunity. Contact your Tradenamic support today to learn more about our December competition or start referring your traffic to Tradenamic today and see your Affiliate ID appear automatically on our Affiliate Competition Leaderboard once you have completed the 50 qualified FTDs and average closed trading volume entry requirements.

With our latest venture to South East Asia, we have recently introduced a number of new payment methods to help accommodate the needs of our new audience. These include online banking via Safecharge and other payment methods such as Paytrust, RPN Pay, Zotapay, Fasapay and Payment Asia for clients coming from China, Thailand, Indonesia, Vietnam and the Philippines.

In a continuously evolving forex and CFD trading arena, Tradenamic seeks to maintain its competitive advantage by offering its clients variety, transparency and security when it comes to payment methods. Deposits, transfers and withdrawals with Tradenamic are quick, intuitive, secure and free, giving the client the flexibility to complete their transaction via a number of local and international payment methods. Tradenamic charges 0 fees on deposits and they are absolutely no withdrawal fees for transactions exceeding 100 EUR.

Working with a number of reputable electronic payment systems has enabled us to substantially increase our inflow of clients who enjoy the possibilities offered by electronic funds. While offering a broad range of deposit methods helps us optimise our conversion rates by ensuring that clients have a smooth experience and are able to quickly and easily fund their accounts; giving clients a fast and pain-free experience when it comes to withdrawals also helps us cement our market reputation and expand client loyalty and lifetime value. Clients with a positive experience are more likely to keep trading in the long run and refer Tradenamic to their acquaintances. For Tradenamic Partners, this translates to longer referral lifetime value, a more solid business network and of course more lucrative returns.

Looking to the future, Tradenamic commits to continuously invest in new technologies and partnerships with top tier payment gateway providers which will in turn help solidify our presence in new and emerging markets.