- Licensed and regulated by Cyprus Securities and Exchange Commission
- Software Used: MT4 (PC, Mac, iPhone, and Android)
- Operates under the EU’s Markets in Financial Instruments Directive (MiFID)
- Three Partner Types: Introducing Broker, Web Affiliates, Local Partnership
- $3-$10 Commission per Lot
- 10% Revenue Share Commission for referred IBs/sub-affiliates
- Payment options: Visa, Mastercard, Neteller, Skrill
- Real time update of referral and commission data
- No monthly quotas for referrals
Affiliates looking to promote a FOREX brand might want to check out XM Partners. This is the official affiliate program for one of the most reputable Forex brokers online today: XM. A member of the Trading Point Group, the brand has been around since 2009 and currently has an excess of 500000 clients. Thanks to the reputation that it has built, prospective partners/ affiliates should have little to no problem in effectively marketing (and thereby benefiting) the brand to traders. For its part, the program is quite generous when it comes to rewarding partners/affiliates with commissions.
CFD Instruments in Currencies, Gold and Silver – $3 per standard lot
Instruments in Zero Accounts – $5 per standard lot
Rest of CFD Instruments – $.02 – $2.40 per index unit
Unlike most Forex affiliate programs, XM Partners doesn’t limit its partners/affiliates to just referring clients online. Brokers who already have their business portfolios can also join as Introducing Brokers (IBs) and get the same commissions for referring clients to XM. Although IBs don’t need to promote the brand online, they’ll still have access all the resources that are available for Web Affiliates.
Affiliates can always expect XM Partners to promptly process payments within 15 days after a calendar month closes. Of course, this is provided that the affiliate/IB was able to generate commissions that are equal to or greater than $500. In the event that the commissions don’t reach the minimum amount, these will then be carried over to the next month. As for supported payment methods, affiliates and partners can choose to have their commissions paid out via Bank Wire Transfer or through alternative e-payment solutions such as Skrill, Neteller, or WebMoney.
XM offers a lot of value both for veteran FOREX traders as well as those who’re still starting out. The FOREX brand offers deposit bonuses that range from $30 up to $5000 as well as providing traders/clients with a loyalty program where they can earn credit bonuses and cash rewards. What’s more, the brand also features daily webinars that traders/clients can refer to if they want to get the most from their trades. These and other features makes XM an ideal brand to promote for affiliate marketers and Introducing Brokers.
Signing up for an XM Partners account is easy and fast. Account sign-up is available on the program’s official site and would only require the affiliate to input his/her name, complete address, and email. In terms of support, affiliates will have access to a wide selection of marketing and promotional materials as soon as they’ve validated their accounts. Additionally, affiliates will have ready access to data pertaining to their commissions and referrals. In this way, they’ll be able to readily keep track of the effectiveness of their referral strategies. If you’re looking for a FOREX affiliate program to join, then make sure to check out what XM Partners has to offer.