Top Three Forex Affiliate Marketing Trends in 2023

Top Three Forex Affiliate Marketing Trends in 2023
May 23, 2023

Affiliate marketing has taken over the internet as one of the most sustainable ways to create an income stream. It is a way to generate traffic and turn them into leads for earnings either as an individual or an affiliate company. In the trading context, affiliates promote the products and services of a broker and earn a commission from each transaction.

To succeed in the highly competitive Forex industry, you must constantly upgrade your affiliate marketing knowledge and strategy. This ever-evolving industry requires you to stay up-to-date with the new affiliate marketing techniques to stay afloat in the competition. 

Want to be a successful affiliate marketer in 2023? Get to know the latest affiliate marketing trends and upgrade your game.

Partner with Compliant Influencers 

Social media has become the most popular digital marketing and social interaction method. Today, it’s probably the absolute advertising and social marketing platform, most notably TikTok and Instagram. Thus, advertising your affiliate broker’s products or services on social media is a wise strategy and can have a massive impact on the outcome.

The great thing is you don’t have to start an account from scratch and build your audience excruciatingly slowly. You can find established personas on those platforms and partner up with them to grow your affiliate network.

Influencers with large numbers of followers can be a true asset to your marketing strategy by bringing significant organic traffic and spreading brand awareness about the broker you wish to promote. 

A partnership with an influencer for the purposes of affiliate marketing can also be cost-effective. Nano or micro-influencers (with up to 25k followers) usually have affordable rates, while having a big enough reach to make a difference for your affiliate goals. 

Bear in mind, though, that you must partner with an influencer who complies with and follows the marketing guidelines.

Third-Party Cookies

The use of cookies has been in place since the invention of the internet. It is the only way for businesses or individual professionals to track purchases, making it an invaluable marketing tool for your affiliate business. 

Contextual targeting is an advanced form of marketing that allows marketers to select from an array of sponsored content to be displayed on a user’s screen based on the content they’re viewing. 

Cookies constitute an indication of consumer behaviour and patterns. Marketers can create customised, targeted ads for their products and services by studying the cookies and using them as guidance (in line with marketing guidelines). When consumers see ads of their preference, they are more likely to click on them and make a purchase.

Cross-Device Synchronisation

The advancement of technology brought a number of different devices we can use for our daily tasks. Mobile devices are, of course, the leading method but others are used as frequently too.

Today, online phone shopping has dominated consumer behaviour, even in the Forex context. According to some brokers, more than 20% of all trades are executed on mobile devices.  

Cross-device tracking is used for customised, targeted ads to specific clients. Thus, synchronising one’s devices appears very beneficial for your affiliate marketing strategy. However, the matching of the client’s devices must be done correctly to avoid unwanted or irrelevant ads.

The top three 2023 forex affiliate marketing trends in a nutshell:

Forex affiliate marketing remains a profitable yet competitive industry. So long as you implement the most up-to-date marketing techniques, you can increase your affiliate network and income. So, here are the major trends in 2023:

  • Partnership with Compliant Influencers – social media influencers have established large followings, so partnering with them can be extremely beneficial and cost-effective for your affiliate audience and your broker.
  • Third-Party Cookies – understand consumer behaviour with the cookies policy and give your potential clients targeted ads about Forex services and products they cannot resist. 
  • Cross-Devices Synchronisation – don’t miss out on a potential client by failing to match all of their devices. People often trade on their phones, as well as other devices and by synchronising all of their devices means that your customised ads will always reach them.

About BDSwiss
Our multi-awarded Partnership Programme enables anyone with a strong network in the financial services field to monetise their traffic and benefit from our optimised conversion tools and competitive remuneration plans. Here are our latest awards:

  • “Best IB/Affiliate Programme, Africa 2023” – Finance Magnates
  • “Fastest Growing Multi-Asset Broker, LATAM 2023” – Gazet International Magazine
  • “Best Partners Programme, 2022” – International Investor Magazine

Not a partner yet? Join the BDSwiss Partnership Programme as an IB, Affiliate or Master Trader.

 

5 Affiliate Marketing Tips That Can Boost Your Earnings in 2022

5 Affiliate Marketing Tips That Can Boost Your Earnings in 2022
April 12, 2022

Let’s get some housekeeping definitions out of the way before jumping into this – affiliate marketing in a forex context is when you direct traffic, in this case potential traders, to an external broker’s trading site and/or platform. 

While that might sound like a simple enough process and workflow, there are numerous components that determine the success or failure of a forex marketing affiliate. The only way an affiliate partner gets paid a commission is when a lead, a prospective customer, converts by clicking through their link, signs up to the broker and funds their account. 

That immediately begs the following questions: 

  • How do you qualify your traffic, and filter out people who have no intention of trading?
  • How do you ensure people who land on the broker’s website make the final and most important step which is, fund their account? 
  • How do you turn interest and intention into action?

 

Here are 5 affiliate marketing tips that can boost your earnings in 2022.

 

1. Offer Valuable, Actionable, Free Content

We live in an era where content is king. Brands have understood and embraced the value of storytelling and consistently shower their clients, followers, and prospective clients with content that’s both informative and educational. 

Communicating through content, they build bonds of trust and reliability with their target audience. Gone are the days where every piece of content issued by a company had the sole purpose of selling or upselling. People consume content for pleasure, knowledge and personal development. 

This is exactly what modern-day affiliate marketer should keep in mind when they are creating their lead-generation content. Try to nurture instead of force people into trading. Help them see the value it can bring to their life and most importantly show them how to do it. 

People are thirsty for knowledge, for tips that can give them an edge over competition. Spending time to craft content that makes them better traders will break the ice, the barrier between affiliate marketer and potential client. People will show their gratitude for the quality of content by moving along the sales funnel and get closer to funding their account. 

What’s important to note is that actionable content always ranks higher. Usually, customer intent is tied to learning how you can do something. Content like how-to guides, tips, strategies, and tools will see more favourable results.

 

2. Choose The Right Forex Partner 

What’s the point of doing all the hard work, finding new traders, nurturing them and having them ready and excited to start trading, if the end-destination is unprepared or unequipped to host them? Choosing the right forex partner to work with is the foundation of any successful forex affiliate marketing effort. 

Things you should be looking at are:

  • Brand reputation 
  • Ease of customer onboarding
  • How customer-friendly is the platform
  • Reporting transparency
  • Customer service rating 

If the affiliate programme you’re enrolled in ticks these boxes, you have a solid basis to drive your earnings to new heights.

 

3. Iterate, Adjust, Improve 

The forex industry is as dynamic as an industry can get. Sitting still and resting on your laurels is a guaranteed way to go out of business. A successful affiliate marketer is someone who understands the ever-changing nature of the industry and is always prepared to make the necessary adjustments. 

When we talk about adjustments and changes these could refer to: 

  • Content format and mediums e.g. guides, how-to, emails, webinars 
  • Topics e.g. trader interests shifts daily, from trade talks to war and pandemic 
  • Influx of new information e.g. present them with new offers

 

4. Pay Attention to Design and Asset Development 

First impressions matter – we’ve all landed on pages that were too ugly or too slow to keep us engaged and made us bounce within seconds. People are bombarded with content and information on a daily basis and in order to earn their time and attention, you need to invest in the design and technical configuration of your content. 

Whether you’re creating a landing page, an email, or a banner, your design needs to be minimal, crisp, and to the point. Elements need to work harmoniously, load as they should and help the user have an unobstructed, seamless experience.

 

5. Keep Links Short and SEO-Friendly

Affiliate links are usually long, ugly, clunky and not inviting to click on. To give yourself a better chance for higher CTR, pay attention to the length and composition of links. 

According to research by SEO-authority website Backlinko, URLs that contain a keyword have a 45% higher click through rate compared to URLs that don’t contain a keyword. Different research by the same company showed that the average URL length for a top 10 result in Google is 66 characters

Keeping your link short and including the name of the broker in the link can see your CTR spike through the roof.

 

About BDSwiss Partnership Programmes

Awarded ‘Best Affiliate Programme’ in 2020 by the renowned Global Banking and Finance, the BDSwiss Partnership programme is one of the most competitive in the industry, featuring high commissions, sub-referral plans, and added rewards. 

 

Not a partner yet? Join the BDSwiss Partnership Programme as an IB, Affiliate or Master Trader.

FX Affiliate Marketing: Using BDSwiss’ Tools Arsenal to Increase Engagement

FX Affiliate Marketing: Using BDSwiss’ Tools Arsenal to Increase Engagement
January 27, 2022

Forex affiliate marketing is a fantastic way to generate additional income. However, to succeed as an affiliate marketer in 2022, you need to put the right materials and content in front of your audience. Since competition is tough, engaging your audience effectively with targeted content goes a long way but creating it can be time-consuming and difficult.

At BDSwiss we recognise the significance of strong marketing funnels for our affiliates. We therefore offer an array of marketing tools including banners, links, and promotional landing pages to help our affiliates gain the most of their relationship with BDSwiss. Designed to cater to those with a strong online presence, our affiliate partnership programme is trusted by over 17,500 registered partners from around the world. 


What Tools Will You Have Access To As a BDSwiss Affiliate?

Our BDSwiss Partnership Programme offers clients and partners the opportunity to access one of the most competitive affiliate programs in the forex industry. As a transparent, multi-awarded broker, we want to offer our partners the opportunity to utilize us in their marketing strategies. Some of our top features, include:

  • Access to an affiliate portal that includes marketing materials which were approved by our compliance department and which you can use from day one including links, landing pages, and banners. Our marketing teams can also help you create custom landing pages, email templates and any other individual digital materials you may need to help you promote your affiliate business.
  • Our Master Trader Programme allows you to share trading strategies with your referrals, helping you earn even more from any profitable trades.
  • Our marketing team can help you build custom campaigns to expand your reach even further.
  • We offer quick onboarding for referrals, as well as dedicated call center to help new clients set up their trading accounts.

We Give Your Referrals More

BDSwiss offers a wide range of products and services designed to optimize your clients’ experience. Familiarizing yourself with our conditions, tools, and services will help you engage your clients and entice them in trading with BDSwiss:

  • Our inhouse team of financial experts hosts daily, weekly, and monthly webinars and videos on market updates and insights.
  • Research and analysis portal that provides 24/5 market coverage and leading financial commentary through a series of live webinars, video briefs, and daily articles.
  • A comprehensive Educational Academy that contains a variety of educational resources for traders of every skill level.
  • Award-winning trading conditions – advantageous spreads, low minimum deposit requirements, minimal account fees and more.
  • Tailored account types with exceptional conditions designed to meet the needs of every trader.
  • Multiple trading platforms to choose from, such as the MT4, MT5, BDSwiss WebTrader and Mobile App.
  • Full access for both you and your referrals to our suite of exclusive trading tools including Autochartist, Trends Analysis, Trading Central, Trade Companion and more.
  • Superior execution speed — 94% of our traders are executed in less than 0.01 seconds!
  • 24/5 multilingual client support as well as personal account managers for VIP referrals. 


Not a Partner Yet?

Featuring high commissions, sub-referral plans, and added rewards, the BDSwiss Partner programme is one of the most competitive and lucrative programmes in the industry. 

BDSwiss Partners’ Programme was awarded ‘Best Affiliate Programme’ in 2020 by the renowned Global Banking and Finance Review, and includes 17,500 partners across 180 countries. 

It only takes a few minutes to join the BDSwiss Partnership programme as an IB, Affiliate or Master Trader partner. Learn more about our partnership opportunities and how they can benefit your online traffic or introducing business by visiting the BDSwiss Partners page.

 

How You Can Benefit By Sharing Your Trading Strategy as a BDSwiss Partner

How You Can Benefit By Sharing Your Trading Strategy as a BDSwiss Partner
January 13, 2022

At BDSwiss, we’re always looking for ways to help our partners, clients and affiliates to gain more from their experience with us. If you are a seasoned trader, you may be interested in sharing your strategies with other traders. Less experienced traders can opt to copy your trades and in return you will receive additional earnings on top of the commissions you make as a BDSwiss Partner.

 

Why share your strategy?

As advocates of unbiased, educated trading, BDSwiss created the Master Trader programme with the intention of helping new investors to manage the trading plans better by having the option to copy the trades of a more experienced trader. Copy trading is particularly helpful to traders who find financial markets overwhelming and would like to have the option to start and stop copying the trades of a seasoned trader as well as maintain the option to trade independently. Traders are thus given full control of their account and full transparency when it comes to the Master Trader’s performance. 

BDSwiss’ award-winning Partnership Programme offers IBs and Affiliates a variety of different ways to maximize their returns on their introduced traffic- one of those, is offering their referrals the option to follow and copy their strategies. Some of the benefits of our Master Trader programme include:

  • Increased client engagement by sharing trading strategies that your clients can automatically follow.
  • Flexibility and transparency; your referrals can view your performance and decide if they want to copy your strategies or not. 
  • Getting started is simple; your referred clients will be able to replicate your strategies as you trade on a live MT4 Account.
  • More returns – your potential earnings will increase due to a combination of your commissions and direct revenue share on all the profits of your strategy’s followers. 

 

How to become a Master Trader at BDSwiss

To start sharing your trading strategy with your referrals, you first need to sign up as an Affiliate Partner with BDSwiss. Then, you will need to proceed to activate our copy trading feature. Your clients will be able to see your strategy on their dashboards as you place your first trade.

You will be able to set a specific payout plan with the help of your dedicated partner manager, and receive ongoing support and assistance as you build your network of referrals. Finally, as a Master Trader you will be able to earn on top of your commissions by charging a Performance Fee on client profits.

 

About BDSwiss Partnership Programmes

Awarded ‘Best Affiliate Programme’ in 2020 by the renowned Global Banking and Finance, the BDSwiss Partnership programme is one of the most competitive in the industry, featuring high commissions, sub-referral plans, and added rewards. 

Our partners have access to a comprehensive suite of marketing materials and resources, designed to help optimise conversion. Currently, the BDSwiss Partners network includes 17,500 partners across 180 countries. 

 

Not a partner yet? Join BDSwiss’s Partner Programme as an IB, Affiliate or Master Trader.

How to Leverage Your Trading Knowledge with BDSwiss

How to Leverage Your Trading Knowledge with BDSwiss
May 7, 2021

With global lockdowns and rising unemployment, more and more people were looking for alternative income streams last year. Forex and CFD brokers were seeing record numbers of new traders, many of them trading for the first time. Inexperienced traders, or those without the time to trade for themselves, were looking for viable solutions. Copy trading has been around for many years, but 2020 was the year it came into the spotlight.
 
Copy trading allows new traders the opportunity to leverage someone else’s market experience and knowledge in trading and risk management. Copy trading also allows experienced traders to guide others in portfolio diversification. Instead of putting all their capital into a single position, strategy or asset, traders can learn to deploy multiple trading strategies in different markets.
 
If you’re an experienced trader, BDSwiss can provide you the opportunity to leverage your knowledge through copy trading (available only to clients residing outside the EU) and earn impressive commissions. By becoming a partner, you can share your trading strategies with a huge community of traders, spread across more than 180 countries. Along with competitive commissions, you also earn through performance fees on your clients’ trading outcomes.

Become a Master Trader through the Affiliate and IB Partner Program

The BDSwiss Affiliate program enables anyone with a strong online presence in the financial markets to benefit from its competitive remuneration plans by referring clients to the site. Whereas the IB partnership program allows you to partner with one of the most trusted names in the industry to offer clients a state-of-the-art trading platform and comprehensive learning materials.
 
If you are a successful trader with a proven track record, you can start offering your strategies on the company’s intuitive and feature-rich MT4 platform. The BDSwiss mobile app is a multi-award winning and user-friendly trading interface, which allows you to manage your positions and monitor the markets on the go. Simply activate copy trading under Settings and you are good to go. Your clients will be able to see your trading activities on their dashboards and choose whether they would like to copy your strategies. Once they start copying your trades you will earn performance fees based on their trading outcomes.
 
As a Master Trader and a partner, you will receive your primary commissions and performance fees for referring clients to the company each month. The performance fees are based on the previous month’s winning trades, paid out at the beginning of the next month.
 

Advantages of the BDSwiss Partner Program

 
With an average 37% conversion rate, automated and optimised marketing funnels, timely pay-outs and dedicated call centres, you get to be part of an award-winning partnership program. Copy-trading further provides you opportunities to maximise client engagement, especially beginner traders who might prefer to follow and learn from an expert like you.
 
Not only can this boost your earnings, but it can also help you create a stellar market reputation. Setting up the platform is easy, with 24/5 multi-lingual call centres to help you with any support you might need.
 
BDSwiss has over 17,500+ registered partners worldwide with pay-outs totalling over €7,000,000 per month. When you choose to partner with this well-established programme, you stand to gain several benefits. Take a look:
 

1. All the Tools You Need to Monetise Your Traffic

 
When you refer clients to BDSwiss, you bring them to a world-class, award-winning platform to enhance their trading experiences. This includes sophisticated trading platforms, access to 1000+ forex pairs and multi-asset CFDs, daily market analysis and news, high liquidity, and tailored account types, catering to the varied needs of your clients. With transparent fees, tight spreads and ultra-fast execution, traders can maximise their trading potential.
 
Plus, you gain access to efficient tools to manage and monetise your traffic.
 

2. Easy Client Onboarding and Support

 
An easy onboarding process enables you to maximise conversion rates. Clients appreciate the 24/5 dedicated and multilingual customer support, along with multiple local and international payment methods.
 

3. Wide Variety of Marketing Materials

 
Enhance your online presence and reach out to traders through varied marketing materials, including landing pages, displayed banners, branded merchandise and sponsored educational events for traders and local business development seminars.
 

4. A 360° Tracking Solution

 
Track all your client activities and conversions through a single platform, specially designed for affiliate partners. BDSwiss provides complete control of your earnings with a transparent and personalised commission structure that can be tracked in real-time. You can also track mobile traffic independently.
 
For IB partners, BDSwiss offers a dashboard to monitor your clients’ trades effectively and in a transparent manner. You can also access statements of your clients’ trades via your IB portal.
 

5. High Quality Educational Materials and Videos

 
Clients of both IB and affiliate partners have access to a rich resource of educational material and videos, to improve their trading skills and stay up-to-date with market happenings.
 

Remain Compliant with Swift Response to Regulatory Changes

 
In a dynamic regulatory landscape, partnership with a transparent and regulated broker that swiftly responds to changes in laws and guidelines can be a major differentiator. BDSwiss considers client fund safety as its utmost priority. When the UK Financial Conduct Authority (FCA) announced a ban on the sale of cryptocurrency derivatives to retail traders in January 2021, the company promptly enforced the new rule for all clients permanently residing in the UK. The decision was also enforced for clients trading with BDSwiss Holding Ltd, which is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
 
This included sending timely emails to clients in late 2020, informing them of the upcoming ban and ensuring that all open positions were closed. Even before the ban, BDSwiss offered the prescribed leverage limits on all cryptocurrency derivatives and invested extensively in traders’ education, risk disclosures, and Know Your Customer (KYC) controls.
 
You gain an edge over the competition when your clients know they are trading with a responsible broker, invested in their long-term success.
 
The support of a reputed broker partner, together with your trading experience, provides the perfect combination to build your clientele and market reputation.

The Value of Partnership at the Most Opportune Time

The Value of Partnership at the Most Opportune Time
November 10, 2020

BDSwiss is offering market participants two distinct partnership programs, at the most opportune time.

BDSwiss offers two distinct methods of partnership to both individuals and businesses. Partnership can involve becoming an affiliate – someone who refers clients to BDSwiss via online campaigns and channels, or, becoming an introducing broker (IB) – a company that introduces new clients to BDSwiss with a view of supporting the client themselves.

 

The BDSwiss IB partnership program is a means for partners to earn competitive remuneration while partnering with one of the most trusted brands in the FX industry. We currently service IBs from various regions by empowering them to support their clients including state-of-the-art trading tools and effective educational content.

 

Meanwhile, BDSwiss’ Affiliate program enables anyone with a strong online presence in the financial services field to benefit from our competitive remuneration plans by introducing our products and services to their audience. Affiliates can take advantage of professional marketing materials and tracking tools to help them monetise their marketing activity.

 

To date, we have worked with over 17,000 of affiliates and IBs, providing the necessary support for them to engage with their target audience.

 

 

What’s the difference between an IB and an Affiliate?

The main difference between IBs and affiliates is the nature and scope of their operations.  Affiliates tend to target and refer audiences largely via online activity, while IBs will often hold offline events and maintain a network which involves in person communication, as well as sometimes even operate on a whitelabel brokerage level. 

 

 

Who can become an IB?

Every broker will have slightly different criteria that determine who they will accept as IBs. For BDSwiss, this is no different. Our IB program specifies precise conditions that we expect these individuals or companies to meet, in order to be welcomed into the BDSwiss family as an IB.

 

Moreover, regulators specify IB criteria and then the brokers are obligated to align their operations and partners agreements accordingly.  

 

 

The BDSwiss advantage

Partnering with BDSwiss provides IB with multiple advantages and benefits:

  •       Industry-leading commission rates 
  •       Remuneration on sub-IB earnings
  •       Customised IB links and expert support
  •       Dedicated IB portal with advanced performance tracking and reporting tools
  •       Customised promotional banners available directly through a centralised online hub
  •       Specialised IB events including coordination and sponsorship initiatives

 

 

Latin American and Asian IBs

For partners operating in Latin American and Asia, BDSwiss provides a full Partners Support Kit including localised marketing materials, 24/5 dedicated support, local events and seminars, and innovative products and promotions to increase conversion and client engagement.

 

 

High growth areas

Territories that are currently very attractive for new IB partners and affiliates are Asia and Latin America. Whereas US and European markets have become highly saturated over the past decade – Asian and Latin American operators are experiencing a trading boom.

 

Relatively slower to develop countries with less capitalised financial markets has left Latin America and Asia trailing other territories, but this gap is rapidly closing as new FX companies break new ground in developing countries.

 

Potential affiliates and IBs can take advantage of these regions by applying to become an IB or an affiliate. If their application is successful, individuals and businesses can monetise the surge in trading activity worldwide.

 

Demographic catalyst

Latin America is gradually increasing the size of its middle class, which, when combined with stronger regulation, is encouraging greater numbers of people to try trading for the first time.

 

Meanwhile, with a population of almost 650 million people, Southeast Asia is possibly the world’s largest retail trading market given the surging levels of population growth, combined with greater disposable incomes in all parts of society. Asia is proving its long-held promise of being a sleeping giant in a region that is one of the last to offer online services. The rapid economic expansion of different nations in Southeast Asia has brought about an increasing interest in online investments and trading Forex and CFD products.

 

Linguistic allure

Much like Asia, Latin America also has a superb demographic background. The continent’s population is estimated to be 630 million and if non-Spanish speakers are excluded, that still leaves over 400 million potential clients. Latin America has historically been let down by low levels of internet connectivity – as an example, in Mexico, only 45% of the population has internet access. However, the rate of internet adoption is growing exponentially year-on-year which makes Latin America one of the most opportune regions for marketing FX/CFD services in the world.

 

 

On the issue of regulation

Market regulation is a key issue. It is quite common to see unregulated FX brokers setting up operations in Southeast Asia, or other regions with lower regulatory standards, to avoid costly capital adequacy requirements but still take on clients.

 

The result has been an overly competitive market with dozens of brokers using questionable sales practises to win new business. 

 

For IBs, it is therefore essential to operate under the wing of a broker that is fully regulated in non-EU jurisdictions while offering multilingual 24-hour support to all clients.

 

 

COVID-19 impact

This year’s COVID pandemic has been a hammer blow to the world economy, reducing incomes, spending and economic activity in every country. However, coronavirus has also served to boost market volatility and trading volumes in the financial markets.

 

Short-term traders crave volatility which has meant an explosion in the number of people trying trading for the first time, and trading volumes amongst existing traders. For IBs and affiliates, COVID-19 has been an opportunity in disguise: an opportunity to introduce FX trading to new audiences and encourage higher trading activity by marketing engaging market research content.

 

In the medium-long term, we are likely to see a greater focus on online productivity tools such as Zoom – yet another opportunity for IBs and affiliates to launch collaborative online initiatives to educate traders. At BDSwiss, we intend to harness online productivity tools to build rapport and to work more closely with our clients, IBs and affiliates. We encourage our partners to do the same!

 

Higher trading activity leads to higher remuneration for IBs, while higher volatility continues to be interpreted by novice traders as an avenue to higher returns and always spurs more volume – it is essential for IBs to educate their clients that volatility is a double-edged sword, even though most clients continue to see volatility as a vehicle to riches.

 

 

Final Word

Despite being undeveloped for generations, Latin America and Asia are two regions that are rapidly catching up to their Western counterparts. Greater internet connectivity, higher disposable incomes and a greater sense of entrepreneurship are all factors contributing to the growth of trading in Latin America and Asia.

 

For IBs and affiliates, these two regions offer the most spare capacity and most long-term potential compared to any other region globally.

 

However, several challenges must be overcome. Firstly, partners should understand that working with Latin American and Asian clients can be difficult because of cultural or economic factors – which is why partnering with an appropriate broker that has an already established market presence and a true understanding of the local culture as well as the market, is key.

 

Check out BDSwiss’ IB and Affiliate programs to see how they can help you to become an IB or an affiliate.

Top 5 Affiliate Marketing Trends to Prepare for in 2021

Top 5 Affiliate Marketing Trends to Prepare for in 2021
October 21, 2020

Affiliate marketing has become a key source of online income for thousands of tech-savvy entrepreneurs. BDSwiss’ Affiliate Program empowers entrepreneurial individuals to earn a supplementary income by introducing our products and services to their respective audiences. By referring clients to BDSwiss, a company or an individual can become an affiliate and generate returns via commissions on client trading activity.

Our affiliate program includes 16,000 existing affiliates in over 180 countries who generate a total of 2.5 million leads per month. Importantly for our affiliates, our client conversion rate is 37% – one of the highest conversation rates in the entire FX/CFD industry.

 

Influencer marketing continues to thrive

In recent years, social media influencers have taken the Internet by storm, helping to boost sales and client acquisition for thousands of affiliates in both the FX industry and beyond. This trend is set to continue as a growing number of consumers turn to the financial markets, as both traders and investors.

More specifically, 2021 is set to become the year in which live streaming explodes onto the screens of most retail traders. Streaming services from the likes of YouTube, Twitch and Facebook have catalysed a variety of market sectors, namely consumer goods, entertainment and the rise of “YouTubing” as a verb and a profession. Live streaming is an engaging method for novice traders to connect with established online personalities on a global scale.

According to digital market research company 99Firms, around 80% of consumers prefer watching live videos rather than reading a blog. Also, video streaming already accounts for 82% of all internet traffic. Another factor that is sure to attract affiliates is the fact that consumers are 39% more likely to share video content, compared to text and audio. In 2021, affiliates that turn to video as their prime form of media, are likely to outperform those that remain text and audio focused.

The ramifications are clear: the insatiable growth of internet connectivity, online services and innovative technology has created a world of opportunity for affiliates. Another supplementary factor is the growth of Mobile – smartphones have rapidly become the tool of choice for the vast majority of clients consuming affiliate marketing content.

 

Social media sprawl

Social media is one of the most powerful tools in an affiliate marketer’s toolkit. According to market research, there are now more than 4 billion social media users globally, with annual growth somewhere in the region of 10%. In other words, around 400 million users flock to using social media every year, and many of them have the means and capability to become traders. Moreover, there are now more than 5 billion people using internet-ready mobile phones which yet again highlights the social media’s market reach.

The message to affiliates is rather simple: Dominating a single platform is not enough anymore.

Generating leads from just one social media channel is suboptimal because users have a wide variety of preferred platforms. Some users will only use one vendor, while others will use multiple.

As such, the key to an affiliates’ success is their ability to repurpose their original content across multiple platforms relevant to their target audiences. That means knowing and understanding the market, as well as cultural themes and traditions that transcend the FX industry.

KEY FACT: Social media users are now spending an average of almost 2.5 hours per day, networking across an average of 8 social networks and messaging apps.

 

Regulatory headwinds

In addition to factors that spell opportunity, affiliates have also been buffeted by less palatable trends such as regulatory activity. The past few years have brought persistently tougher regulation, especially in the most liquid markets such as the US, Europe and Japan.

Brokers, clients and affiliates alike have all felt the squeeze of tougher market regulation in the form of higher capital requirements, greater KYC checks and lower leverage, especially for novice traders. As a result, affiliates are facing steeper market standards which means a higher need for more attention to detail and offering value add services to fend off competition.

In 2021, we are likely to see further regulatory tweaks aimed at protecting consumers and the wider market, which effectively sets a higher bar for affiliates to reach.

The good news is that despite the strict regulatory environment, BDSwiss is always fully cognizant of global regulatory changes and ensures both company and affiliate activity is always compliant with existing regulation. Our commitment to operational security and mitigating the effect of tough regulation on clients, lets our affiliates know that they are building their respective businesses partnered with a dependable broker they can trust.

Only time will tell what kind of regulatory hurdles 2021 will bring, but affiliates are advised to keep a watchful eye on regulators next year. We certainly are – and we intend to mitigate any draconian measures by making appropriate operational decisions and always communicating impending market changes to our partners, as soon as possible. 

 

Paying the pied piper

The rampant growth of payments solutions, amidst the broader development of financial technology (fintech), remains a huge factor for affiliate marketers. In 2020, brokers that offered a wide range of payment options were able to secure more clients, from a wider range of geographies compared to brokers offering simple bank transfers and card payments.

The harsh reality is that around 2 billion people in the world remain “unbanked” and without access to financial services – a key requirement for affiliates seeking to incentivise new clients to open a trading account. The problem doesn’t only affect developing countries either. According to the US Federal Reserve, there are were as many as 55 million unbanked adult Americans in 2018, around 22% of US households.

For BDSwiss affiliates, their ability to attract new clients was significantly boosted after we added PayPal to our payment options arsenal in August 2020. The milestone made BDSwiss the first offshore broker to add PayPal as a payment method for its clients and affiliates. As the preferred payment option for more than 300 million consumers worldwide, PayPal simplifies transactions by allowing users to register their credit/debit card or bank account and make secure online transactions without having to share their financial information with third-party vendors or platforms.

The ultimate result is that utilising additional payment options such as PayPal tends to improve conversion rates, extends average customer lifetime value and raises client satisfaction – a factor that is likely to drive affiliate performance well into 2021 and beyond.

 

An affiliate’s best friend: market volatility

Market volatility has yet again proved to be a significant catalyst for all market participants in the FX industry. More so than for any other group, affiliates have discovered 2020 to be an opportunistic year in which the COVID-19 pandemic directly affected market volatility, especially in the first half of 2020. Greater volatility incentivises more potential clients to open their first accounts while also boosting trading volumes amongst existing clients. Huge tilts in equity markets in Q1 and Q2 led to a sharp rise in trading activity and presented an excellent market environment for all affiliates.

As a result of heightened volatility in all asset classes throughout 2020, brokers and affiliates have enjoyed extremely lucrative trading conditions and higher trading volumes. Moving forward into 2021, the factors that directly influenced market prices (COVID, political issues and risk-aversion) are likely to linger at least until the COVID pandemic has been priced into the market. For the time being, volatility is here to stay, which means favourable conditions for affiliate marketers in 2021.

As a means of maximising on the available opportunities to attract new clientele, affiliates are strongly advised to support their content with expert opinion and professional-grade content that addresses issues clients are actively thinking about.

Better quality content leads to higher engagement rates, which means affiliates are likely to undergo a quality litmus test in 2021. Affiliates that do not, or cannot, produce original content that adds value to the consumer, will likely struggle to obtain unique or repeat visits, or to generate significant engagement in their affiliate marketing activities.

 

The Final Word

Affiliate marketers must remember that both paid and free traffic can be effective in delivering a return on investment (ROI). There is a substitute for paid ads, but there are no substitutes for content novelty and quality. Retail FX and CFD clients are becoming more product savvy and are far more aware of various industry changes than they like to admit. Therefore, simplistic volume-based incentives, expensive trading terms without perceivable added value and generic analyst content will not be sufficient to drive strong client growth in 2021.

For affiliates, the challenge is to deliver quality content and attractive offers without breaking the bank. To do this adequately, affiliates must remember to do the following:

  •       constantly track all social media posts and interactions,
  •       actively manage (and tweak) their active advertising campaigns,
  •       use real-time data to actively optimise all marketing activity,

·        obtain regular feedback from their ad networks and implement changes as soon as new trends are identified.

How to Monetize your Instagram Account Traffic

How to Monetize your Instagram Account Traffic
May 31, 2019

With more than 1 billion monthly users, Instagram is getting ready for global domination, threatening to dethrone even its millennial predecessor, Facebook. Instagram is undeniably an immensely powerful channel when it comes to marketing and affiliation. In fact, we’ve seen a wave of self-made influencers who then become very powerful affiliates and even brand ambassadors stemming the social media behemoth! There is no doubt that Instagram holds an immense monetisation potential and it is an extremely powerful platform that continues to grow at an unprecedented rate.  

 

Given the sheer size of the global audience, there’s a niche market out there for all kinds of forex affiliate marketers from the educational websites, to the signal provider or lifestyle trader. Regardless of the kind of content you create, Instagram can help you reach a new, tech-savvy demographic that you can leverage to increase your conversions and returns. But how can you gain an Instagram following in the first place?

 

1. Establish your Niche with a Perfect Bio

Before anything, you first need to make sure your Instagram bio is attractive. It needs to be able to tell your audience who you are, what you do and what is it that you want them to do, including a clear call-to-action.

 

2. Engage your Audience with Interesting Content

Instagram is all about content, and not just any content. It’s about sharing high-quality interesting content. Having a sizeable fanbase does, mathematically, increase your chances of appearing in the feeds of more users. But what’s the point of that if people don’t engage with you or your content? The trick to increasing engagement is to create content that solves certain content needs for your audience. When it comes to a forex related profile, you could choose to provide your audience with actionable market information, real-time trading, your personal strategy or EA, trading tips, your set ups, your views on what’s currently happening in the markets or even just some inspirational posts on what CFD trading means to you and how it reflects on your lifestyle.

 

3. Post regularly

Posting regularly is one of the ingredients of Instagram success, it’s a platform that requires you to be very active. Ideally, you should be posting at least once a day. If you can post more than that, 2-3 times a day, you will get better reach and engagement, enabling you to grow your account. There are a number of tools you can use to automate your posting or distribute your content to a number of social media platforms at peak traffic hours to optimise engagement.

 

4. Leverage the Right Hashtags

Hashtags are a great way to improve the discoverability and reach of your content. Instagram allows you to use a maximum of 30 hashtags; but you should always remember to use your hashtags wisely. Try using ones that are relevant to your posts and will help you reach out to bigger audiences, but feel free to get creative and witty with your hashtags, as well. You may also use a hashtag manager to keep them organised. You can use it to store all your hashtags separately or in groups, which is really handy if have more than one account to manage.

 

5. Utilise Instagram Stories

Instagram Stories can be used in various ways. It’s a brilliant feature that should be utilised regularly as it increases engagement and makes your account look more credible and approachable. More importantly, when your account surpasses 10,000 followers, Instagram allows you to start adding hyperlinks within your stories!

 

You can now also take advantage of Instagram’s recent update which includes the ability to display story highlights on your profile. You may consider creating a few highlights to promote and encourage your audience to follow you on other social networks or even visit your website if you have one.

 

6. Improve your Content Quality

One of the most important things you need to do to monetize Instagram is to improve your content quality. Standing out in an ocean of content creators will give you the edge you need to truly drive and convert traffic.   Always use high-quality images and never repeat your pitches. Additionally, you should strongly consider leveraging video content in the form of Stories or even on IGTV to stand out.

 

7. Build Relationship with Other Content Creators

An important element of growing your reach and influence is cultivating relationships with other content creators from your niche. You could always get in touch with them and ask them for a shoutout on one of their posts. Or you can actively engage with them and their followers on their posts. Better yet, you can collaborate with them to create content together.

 

8. Engage with Your Followers and Targeted Audience

Ultimately, being an Instagram success also comes down to how you engage with your followers. If you show that you are an actual human behind that profile picture and actively reply to your audience’s comments and direct messages regularly they will be more likely to engage with your content and convert down the line. This also applies to engaging with your followers content. Leaving a few likes, comments and following back your audience will help build positive healthy relationships encouraging engagement and trust.

 

Sources:

Hootsuite, Omnicore, Sked Social & Shane Barker as of May 31st 2019, 4:00 PM GMT.

 

Can you Make an Income from Forex Without Trading?

Can you Make an Income from Forex Without Trading?
April 25, 2019

What is Forex trading?

Forex or foreign exchange trading refers to the buying and selling of world currencies with CFDs with the intention of making a profit. CFDs essentially enable traders to speculate on the price movement of underlying financial assets which can include currency pairs like the EUR/USD or other types of assets including indices, shares, cryptocurrencies and commodities.

 

In order to be able to trade CFDs, a trader needs to have an understanding of the underlying financial assets and broader market, as well as be aware of the risks involved. In fact, around 80% of CFD traders lose money, which means that only 2 out of 10 have the knowledge and expertise necessary to profit from Forex trading. That being said, there are other ways to profit from the forex industry without having to be a broker or a market guru.

 

What is a Forex Affiliate Program?

Most leading Forex brokers will offer forex affiliate programs for individuals with a strong online presence and a market-savvy audience. These forex affiliate programs will essentially reward you for introducing your traffic to their products and services, opening up the door to a possible second income stream.

 

How Does it Work?

Forex affiliation works just like any other type of affiliation. You essentially refer your audience to a certain broker and then benefit from a commission on your referrals’ deposits or trading activity. If you have ever read a forex affiliate review, you probably know by now that there are 2 types of payouts: RevShare – lifetime commission for each lot traded by a client you referred and forex CPA.

 

There’s often the misconception that you need to have a website in order to become a forex affiliate affiliate or that the only way to generate forex traffic is by chatting on forums with other traders. Even though these methods undeniably work for some forex affiliates, there is a great number of ways to make money from forex affiliate programs.

 

How can I Find Forex Traffic?

The truth of the matter is that without a decent following, you’ll struggle to refer anyone to the Forex broker. Not only does this mean you won’t be a particularly attractive partner for brokers, you also won’t be able to make much money as a Forex affiliate. The first thing you need to do is build a solid online following which also comes down to the quality of the content you produce. You need to post content regularly enough to keep people engaged with your site and/or with your social media profiles, not to mention to boost your rankings in search engines like Google.

 

Think carefully about the topics people interested in forex trading would want to hear about and focus on the problems they want resolved. Pay close attention to your SEO to encourage inbound traffic to your site or blog, and plug your articles extensively through social media channels.

 

What Channels do I Use?

As a forex affiliate marketer understanding your audience and what they are looking for can help you better determine the channels through which to approach your traffic. There is a vast number of different traffic sources you can tap into.

 

What you should remember as an affiliate marketer is that dominating a single platform is not enough anymore. Your leads on Facebook are not on YouTube, and those on YouTube are different to those reading the content on your website. As such, the key to your success is to repurpose your content across multiple platforms relevant to your forex audience.

 

Looking to become a Forex Affiliate?

Explore the opportunities of partnering with a leading broker by visiting BDSwiss’ forex Partners’ Portal . Alternatively, you may choose to complete our Affiliate Registration form directly. One of our Business Developers will contact you at a time of your convenience to strategise and create your own customised remuneration plan.

 

*Sources: LeadForensics Apr 25 12:30 PM GMT

How to Use Social Data to Launch a Successful Forex Affiliate Campaign

How to Use Social Data to Launch a Successful Forex Affiliate Campaign
April 11, 2019

Any forex affiliate marketer who uses social media campaigns will know that social networks have a great deal of issues when it comes to forex marketing. To begin with, determining social media ROI in forex affiliate marketing is next to impossible. There’s also the myriads of obvious — but not so obvious, social media pitfalls that you need to avoid.

 

Yet the money spent on social media advertising is on the rise, especially when it comes to online products like forex trading. So it’s pretty fair to say that social media seems to be working well for forex affiliate marketers, and even though there are definitely major migrations to new social media channels, audiences are increasingly active on social media.

 

So the question we should really be asking here is: How can you use social media to your advantage as a forex affiliate marketer?

 

Choosing the Right Channel

There are tons of social networks available to target trading related traffic, but as a Forex partner you definitely need to consider which are the best ones to run your ads or publish your content on. The social media platforms that you choose to use need to have a pre-existing audience interested in online forex and CFD trading. Channels like Facebook, Twitter and Linkedin are used by a healthy number of people interested in forex, finance and overall investing. Instagram and Telegram are also increasing in popularity, especially when it comes to forex affiliates who work as signal providers. Once you find your key channels, it is crucial to set up your account and profiles correctly, as social media channels can be a source of both organic and paid traffic.

 

Choosing the Right Offer

A huge part of your success lies in your ability to avoid wasting time on campaigns that will not generate valuable leads.This means that you need to promote your offering in a unique and engaging manner. It’s also always useful to check what’s trending in the social media world at the moment. It’s also wise to keep an eye on the competition. What are other forex affiliates doing at the moment to attract potential clients on behalf of their broker? Are they offering trading alerts, educational courses or unique tools that alert traders to market opportunities?

 

Choosing the Right Audience

Targeting your audience is also a crucial part of your campaign-setting process, so you will need to take into consideration what would be the key demographics, interests,  age, etc. of your potential forex traffic. This will enable you to tailor ads around a specific user base. Looking at the competition will also help you target the right audience segments.

 

Using Social Data to Determine Copy Strategy and LP Content

It’s a common saying that there’s no way to have an online marketing campaign without a brand-new landing page. Most forex affiliate marketers would agree, but few would hang the success of a whole marketing campaign on a single landing page. There’s probably going to be a whole host of content, optimized websites, and paid ads.

 

Creating Campaign Materials and Assets

Social data can help forex affiliate marketers make all the choices that matter to the creation and performance of marketing materials and assets. With something as simple as an Instagram post, social data can determine the theme, the setting, the filter, the time of day when the content is released, and probably the piece of content that gets released before that post, and the one after.

 

Fine Tuning and Split Testing

Even if you’re new to forex affiliate marketing, you’re probably aware that you have to test your ads to see how well they are performing and more importantly, how they can be improved. At the very least, you need to see the weak points of your ad campaign and get ideas what to do about them. When you go back to analyze your campaigns, it’s precisely social data that’s going to give you the feedback you need to pack more punch into your social ads!

 

Conclusion

Social data can do a lot to ensure a successful launch of a marketing campaign. However, it’s only useful if the marketer knows how and where to look for data, which data is useful, and how to analyze it. At the end of the day, you can use social media for your affiliate campaign as much or as little as you want to, but the truth is that it’s impossible to disregard social networks completely.

 

Sources:  Mobidea, linkfluence, nopcommerce April 10, 2019, 16:30 GMT.