- June 29, 2021
- Posted by: ForexTradeOn
- Category: FXCM Broker review
What is an affiliate? And how does it work?
Affiliate marketing is a kind of marketing, in which a company or a person advertises some business by redirecting its users to this business. In our case, the business is the FXCM broker, and the company or the person puts unique referral links to the broker website and gets revenues from each successful one.
FXCM is a forex and CFD broker that was originally founded in the US. in 1999. After about 10 years, there was an acquisition in 2010 and its headquarters moved from NYC to London in the UK. FXCM has over 200,000 traders worldwide and is regulated by top-tier financial authorities like FCA, the Financial Conduct Authority and CySEC, the Cyprus Securities and Commission Exchange. FXCM has no commissions on shares and low trading fees as well as non-trading fees.
- Award-winning Platforms and Acclaimed Worldwide Support 24/5
- Variety of Trading Products including Forex, Cryptos, Commodities and more
- Enhanced and Transparent Execution
- Powerful Trading Tools & Resources
- CPA commission up to $750 per each qualified client
- Fixed CPA Plan
- Quick Setup
- Marketing Materials
- Performance Overview Reports
- Dedicated Affiliate Manager
- Regular Payments
In order to get your rewards from FXCM, you should simply refer your friends, family, your website visitors, or your mobile application users to open an FXCM account and start trading on FXCM.
To join FXCM’s Affiliate program, you must complete a quick registration form.
Upon approval of your application, you will be prompted to create an account on the Affiliate Management System to get access to our Marketing Tools.
You can join the FXCM affiliate partner program if:
- You’re an experienced trader
You can earn from your recommendations by telling your colleagues, friends, and students about the opportunities afforded by trading and investing in Forex with FXCM.
- You have an online following
If you have popular social media groups, blogs about trading, or a YouTube channel, share information about FXCM’s special offers and earn from doing so.
- You have your own website
By posting an advertising banner about FXCM’s services you can get a reward for each client referred.
- Does it cost to become a member?
- No, it’s completely free to join this affiliate program.
- Do I need to have a website in order to promote FXCM?
- Yes, a website, blog or mobile application related to finance, economy and/or investing is required to participate in FXCM Affiliate’s program. FXCM has to review and approve the website(s) and Social media intended for advertising of FXCM related services and products, after which can inform the applying participant if they can utilise these channels in order to participate in the program.
- How can I get my site approved for the programme?
- Your website should follow the following conditions in order to join FXCM Affiliate program:
- Not misleading
- Targeted at an audience that’s appropriate for us
- How many days will it take for FXCM to review my Affiliate Application?
- FXCM usually reviews Affiliates’ applications within 5 business days.
- What’s the qualified client who I can refer to FXCM?
- Either a new client who doesn’t hold any other accounts with FXCM; or an existing client who has only closed account(s) with FXCM and they have been closed for at least 6 months prior to the referral date and doesn’t hold any other active accounts.
- What’s the minimum payout?
- The minimum payout is US$150.
- How can I receive my rewards?
- Through bank transfers.
- Can I promote FXCM in any country?
- You are allowed only to promote FXCM in the FXCM available countries so that you can get your rewards.
- What is the target audience for the FXCM partner programme?
- They could be:
- Already actively trading (using CFDs or similar products)
- Considering trading (intending to start trading CFDs or similar products, or to restart after a period of inactivity)
- Potential traders (financially engaged individuals who are probably already investing online, and could benefit from adding our leveraged and/or un-leveraged products to their portfolios).
- When can I get my rewards?
- On a monthly basis.