Most new forex affiliates will at some point have been marketing
for casinos. There is a new player in town now, with the legislation
tying up American players many affiliates are moving into the Forex
trading environment. Offering an opportunity to make a lot of money from
the comfort of your home is an enticing prospect for many people who
may currently be out of work or even students.
With $300bn plus
being traded monthly via retail Forex brokers, there's certainly an
appetite for it. Traders change brokers more often than casino players
change operators. knowing how brokers compare is an important thing for
traders as Forex has moved to similar marketing strategies as casinos
employ with deposit bonuses given to new traders. Similar to rake in
gaming, there are spreads in Forex which is a small charge for each
trade someone makes. Traders want as low spreads as possible to maximise
their profits and will change brokers if another is offering
significantly lower spreads.
So how do you tap into this market
and make the move to being a forex affiliate? One of the major drawing
points for affiliates is that traders are always looking for quick gains
and many experienced people can develop a winning system that rewards
them with consistent profits. This has led to discussion boards being
very popular as a place rife with ideas and methods being thrown around
in search of the Holy Grail.
Traders who own blogs documenting
their trades and methods along with the broker they use is effective
also. Those following the blog naturally want to emulate someone's
success and choosing the same broker is important.
People new to
the trading environment will do some research before depositing their
money and probably create a demo account with a broker. Many brokers
offer CPA commission on traders introduced to demo accounts (leads). As
well as a CPA on any deposit the player makes. A select few brokers
offer a new commission model called Lot-Rebate which will give
affiliates a fixed fee for each lot traded by their referrals.
But
what is a Lot-Rebate I hear you ask? It is a measure of volume in
currency trading. For example, if you go to the grocery store, you'll
see that each kilogram of a vegetable is worth a certain amount. Lots
work in a similar way, a lot of a currency is valued at a certain amount
which is variable by account size (by vegetable in our analogy). So a
broker may offer you $1 per lot for one low net worth trader where it
may offer you $5 for another who deposits much more. So regardless of
whether the trader makes or loses money, you as the forex affiliate will
get commission on each lot the trader trades. Win-win situation!
Terimakasih anda telah membaca artikel tentang Becoming a Forex Affiliate and What Exactly Is Lot Rebate?. Jika ingin menduplikasi artikel ini diharapkan anda untuk mencantumkan link https://rebate-forex-free.blogspot.com/2014/12/becoming-forex-affiliate-and-what.html. Terimakasih atas perhatiannya.