Ebook for FX affiliates?

[PokerStripes]

Hi there,

Is there any company offering affiliates with a Forex ebook in order to help with the acquisition of forex players?

[ironman2000]

Hi Pokerstripes,
At eToro we can give you your personal affiliate manager in your mother tongue to help and guide you with all aspects of marketing.

We also have a very rich marketing section with all the tools and resources you will ever need.

If you need further assistance,feel free to contact me any time by email or Skype etc

Keith

[tiburon]

So how do forex sites and affiliates win money exactly?

Is it like poker (fees) or like sports betting?

Cheers

[ironman2000]

Hi tiburon,

What is Forex?

Forex = Foreign exchange (also used for gold, silver, oil and indices industry)

Leveraged Trading = deposit $100, trade up to X400 so you can trade up to $40,000

Example trading
Oil price is $60.00, you buy with $60 (X50) 50 barrels of oil, if oil goes higher to $61 you made $50 if it went down to 59 you lost $50.

Where is the money?

Forex companies generate revenue from the SPREAD between the buy and sell prices of the asset:

For example:

USD/JPY buy price is 99.83 and sell price is 99.80

The difference between the buy/sell price is 3 pips (range from 1-10)

If you buy with $100 (X400) 40,000 USD/JPY

You buy at the higher price of 99.83

Your spread is 12$ (12% of the transaction)

You sell at a price of 99.93 you profit 40$

Revenue share is calculated from the spread (12$)


Where is the money for Affiliates?

Like other industries, affiliates commission structure is with CPA per new trader or revenue share from each one, in eToro you can get 25% Revenue Share (High customer value).

Earn 25% of the revenue share eToro generates from your referred users.

$200 CPA
You earn up to $200 for a new referred user who makes a deposit at eToro.

2nd tier program
Get 20% of the commission earnings for all your sub affiliates.

In addition, each month we offer substantial rewards for outstanding affiliates with various promotions.

Have a wonderful and contact me for a chat in Skype in the near future

Keith

[yanamk]

You can download the ebooks offered to traders and this way learn about forex.

I believe that eToro and easy-forex. Plus, all brokers have tutorials on their websites (some even have videos to guide you through).