Frequently Asked Questions
What is Forex Affiliate?
Forex Affiliate is a world leading and highly paying Forex Affiliate Program. You can be either an Offline or Online Affiliate and earn revenue by either referring clients to the Easy-Forex® trading platform (Online) or by routing traffic to the trading platform (Offline).
Under our commission programs you are paid a share of the percentage of revenue generated by your referrals. This commission will be paid to you continuously during the lifetime of the customer's account.
^ Back to Top
What is the difference between Online and Offline Affiliates and can I be both?
The fundamental difference between Online and Offline affiliates is that Online affiliates interact online with any type or form of internet marketing activity such as:
- Paid Search Marketing
- Natural Search Marketing
- Contextual Marketing
- Viral Marketing
- Social Marketing
Offline affiliates are affiliates who refer client by any form (which may or may not be related to the internet) and/or any verbal or human interaction with clients. Affiliates who have any personal contact with a client are offline affiliates.
Due to international regulations for licensed Forex providers, you cannot be both an online and offline affiliate.
Find out more in Programs.
^ Back to Top
What is Forex, anyway?
The Foreign Exchange (Forex, FX) market is one of the biggest markets today. Daily turnover has skyrocketed from approximately 5 billion USD in 1977, to a staggering 3 trillion (and more) US dollars today. This is more than 40 times the daily turnover of the NASDAQ.
Forex currency trading is attractive to traders as currency markets are constantly fluctuating and there is potential to profit whether a currency is going up or down. Traders trade on margin which leverages their potential gains. What also makes it so popular is that there is no centralized location for trading as there is in futures or stocks, and trading occurs around the clock over the telephone and on computer terminals at thousands of locations worldwide.
Most foreign exchange activity consists of the spot business between the US dollar and the six major currencies (Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar). The Forex market is so large, and is hosting so many participants, that no single player, governments included, can directly control or make any significant influence over the direction of the market. That makes the Forex market the most exciting market in the world. Central banks, commercial banks, international corporations, money managers, speculators, and private individuals – are all involved in Forex trading.
Foreign exchange is the trading of currency pairs at a specific exchange rate. It is a ‘non-delivery’ trade, which means that there is no physical transaction of currencies, but it is rather an agreement, or "contract" (Forex deal), to trade a specific volume of a pair of currencies at an agreed exchange rate.
For example: see Why Forex
Further background and explanations may be downloaded (FREE) at Forex.info.
^ Back to Top
Are there any costs to sign-up?
No. There are no initial costs to joining the Affiliate program, and no ongoing costs for participating in the Forex Affiliate Program.
^ Back to Top
Do I have to enter a Company Name?
This field is only for Companies registering as affiliates. If you register as a company, payment must go to the company and an invoice must be provided for each payment.
When registering as a company please enter the name of the company in this field and enter the company’s bank wire details in the payment section.
If you want to register as a private individual please leave this field blank and enter your personal bank wire details in the payment section.
after you login.
^ Back to Top
How do I access your support service?
Forex affiliate provides all its affiliates and referrers with live personal support, and so do our Forex partners (the Trading Platforms). We are available to answer any questions you have pertaining to your account, payments, marketing support or any other relevant question. Also, you can live Chat online with your affiliate account manager.
For assistance via email: info@forex-affiliate.com
^ Back to Top
Where can I download banners and other creative?
In the Banner Bank, you will find a variety of Forex tools to use on your website as well as complete White Labels to easily set up a Forex related web site.
^ Back to Top
What commission will I earn?
Commissions are based on your referred traders activities and the revenue they generate. For commission breakdowns see either:
^ Back to Top
What methods of payment do you use?
Forex Affiliate will send the payment amounts, per all commissions earned in a specific month, through bank wire transfer.
^ Back to Top
Do I get charged bank wire fees when I receive my commission?
It is our policy to cover the cost of our bank’s fees but you are responsible for any fees that your bank may charge you for receiving the wire transfer.
^ Back to Top
Is there a minimum payout?
Yes there is. We do not make bank wire transfers under $100. Your commission will carry over to the next month if it is under $100.
^ Back to Top
How frequently do I get paid?
Payments are made on a monthly basis, provided that the commission you earned up until the end of the previous month is above the minimum payout amount.
^ Back to Top
Why do I need to provide an invoice for payment?
If your affiliate account is under a company name, the commission must be paid to the company’s bank account.
We require an invoice for all payments that are made to a company bank account.
Please contact payments@forex-affiliate.com if you have further questions concerning invoices.
^ Back to Top
My commission balance is over $100 yet I still haven’t received any payment. Why?
Provided all your affiliate account details are in order, you should have received your commission by bank wire.
Some possible reasons for not having received your commission are:
- Your bank account name and affiliate name do not match.
- Your bank account name and company name do not match.
- You have entered a company name and have not sent us an invoice to process the payment.
- Your contact details are incomplete.
- Your bank wire details are incomplete.
For further questions please contact payments@forex-affiliate.com.
^ Back to Top
How are online customers tracked to me?
Every banner, or pop-up, or e-mail promotion, which is a part of your Affiliate activity, will be assigned a unique Affiliate-ID tracking code ("Gateway"). This will accurately identify your customers as arrivals from your site. If a customer registers, your Affiliate-ID is permanently associated to that account, so you will always be credited per such customer's trading (by flat fee and percentage of the revenue) at our associate Forex Trading Platform.
^ Back to Top
Where can I track and monitor my affiliate activity and commissions?
We provide all affiliates and referrers a password-protected access to our Forex Affiliate Statistics System. Our affiliates can monitor statistical records, evaluate their progress and optimize their performance using our program's features. This page is accessible to registered affiliates members only.
You can see your affiliate account statistics online by:
Step1: Login to your account at Forex Affiliate.
Step 2: Select STATISTICS menu.
Step 3: Select your desired report: Gateway Statistics, Referred Users Performance or Commissions & Payments.
^ Back to Top
Where can I change my password, payment info and contact information?
After you have logged-in, just enter the My-Account menu item and make the changes
you wish. In case you have difficulties with that, please contact your affiliate
account manager or send an e-mail to info@forex-affiliate.com. To receive a username/password reminder via email please click here
^ Back to Top
Why do I get the message "Invalid username or password" when I try to login?
To receive a username/password reminder via email please click here. If you are sure that you are entering your username and password correctly please make sure that your “CAPS LOCK” is off when you try to login (since the system is case sensitive), and that your entry does not have a "space" in it (which may cause the error message).
If you are still having difficulty logging in please contact us for assistance.
^ Back to Top
How do I send to you my comments or suggestions?
Be our guest!! Your input is highly important for us. You may contact us be email,
and our relevant manager will promptly call you back: info@forex-affiliate.com. Alternatively you can contact us via Live Help
after you login.
^ Back to Top
|