Forex Affiliates: What is better for Forex, rev share or CPA???
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Forex Affiliates: What is better for Forex, rev share or CPA???
All that is necessary for evil to triumph is for good men to do nothing... Edmond Burke
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Hi Anthony
I think I can help you on this one.
I have been trading the forex markets for about 5 years no a huge focus of mine but I am more into stocks, but that said if the site offers good trading tools then the User/trader will trade for a much longer period of time, for example I have only ever used 1 forex trader in 5 years, I make around 15 -20 trades a month not huge but enough to make an above average amount, if I look at my online trading account for stock i have used 2 brokers in around 10 years.
Trading stocks or the markets is so unlike gaming users/traders will be loyal to the company it is all about the spread.
What i would like to know is how do you intend to promote the forex site?
Will you write content or just pure SEO?
Hope that helps a bit.
Good Luck
Shaun
I was under the assumption the volume is much less than what we are use to in gambling, that's why when I was looking at the eToro site, I couldn't make an informed decision - Revenue Share or CPA.
SEO at first, content later after the learning curve.
All that is necessary for evil to triumph is for good men to do nothing... Edmond Burke
APCW.org
Gambling World Online Roulette Online Blackjack Live Online Games Sports Betting Horse Racing - for Universal4!
Get a Grinder Knot for breast cancer. - Join the Fight - Support Pokertramp
If an affiliate program is not small affiliate friendly (especially small US Affiliate), then they are NOT Affiliate Friendly! - Rick
I would almost always prefer revenue share over CPA. The problem with CPA is that if it works better for u than rev share, the casino probably wont be too happy, and if it works worse you wont be happy.
Also I find rev share brings you more even income, atleast with poker.
EDIT: Lol sorry didnt notice this topic was about forex affiliates![]()
I have no idea how big the CPA is but i hope that it is large....
Content is going to be very hard but you could consider a fantasy trading site, post tips on which currancy to short or go long on that kind of thing.
I wish you luck I think Forex will be tough, please keep us updated on how is goes.
Thanks
Shaun
We own two forex portals at this time: www.forex-rates.biz and www.internet-forex-trading.net
While in gaming (at least casinos and sportsbooks) we always opt for revenue share if it is available, In my experience, CPA works better for forex. Why?
Because most forex traders LOSE money. However, in forex you are not getting a percentage of losses, you are getting a percentage of the spread. The spreads are not huge, and a trader really has to make a lot of trades in order to generate enough in commissions to cover a normal CPA commission, which is probably around $150 on average.
Like I said, in gaming I love revenue share. But forex rev. share is akin to bringing in some fish to play poker that gets wiped out in two hands and then never goes back. You will generate like $1 in commissions on the rake. Like poker, the most profitable player for you is a winning player -- in forex you will make money on revenue share if you bring in traders that are long term and continue trading for years and years. Since only like 5% of forex traders make money, I think the odds are fairly stacked against this. And yet forex trading is on the rise. Lots of people are trying it, so getting $150 for everyone that just goes in and throws some money at it is a worthwhile proposition.
Rick
Wheretobet.com
casinojack (16 July 2009), gamblingbutler (19 January 2010), ironman2000 (17 July 2009), Shaun O'neill (16 July 2009)
So it looks like CPA is the way to go.
All that is necessary for evil to triumph is for good men to do nothing... Edmond Burke
APCW.org
Gambling World Online Roulette Online Blackjack Live Online Games Sports Betting Horse Racing - for Universal4!
Get a Grinder Knot for breast cancer. - Join the Fight - Support Pokertramp
If an affiliate program is not small affiliate friendly (especially small US Affiliate), then they are NOT Affiliate Friendly! - Rick
So then seems most peopel are shit traders and loose, so then CPA rocks....
Shaun
I would always advise revenue share for affiliates because even thought some traders come and go. They always come back and your traders are under you for life.
Here is etoro's commission structure below:
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.
Happy trading and feel free to contact me any time......
KEITH WILLIAMSON | INDEPENDANT GAMING CONSULTANT
SKYPE= ironman20001
http://twitter.com/ironman20001
Traders always come back? That is not at all the case. Traders may be yours for life, but like I said before, I think their life with any one broker is pretty short unless you are lucky and get that one great trader who is a jewel in the rough that actually makes money trading.
Actually, I think my company is on rev. share w/ e-toro. A $200 CPA is pretty good -- if I had it to do over again, I think I would take that instead. Still, e-toro is not one of the brokers that we promote most heavily so it probably doesn't matter much at this stage.
Rick
www.forex-rates.biz
I agree with everything that been said, CPA is better but Hybrid is even better, so if you do close a deal with a Forex Brand try to get the Hybrid.
Regarding eToro I agree with ironman that it’s a good Forex brand, I own etoronews.com and it works just great.
But if you want to make the big money with Forex you need to check the Offline strategy, this works the best in Forex, the online is a much harder work than anything I know........
If you interested to know more about the Offline PM
All the best,
Thegp.
Become an IB! or learn how to Manage IB's.
ironman2000 (23 July 2009)
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Just to add what I said earlier in this thread that I would always recommend Revenue Share than CPA.
We also have tailor made commission plans to suit the needs of affiliates
You need to contact me for further details about these plans and for us to work together in order for you to qualify for a Hybrid commission plan
Keith
The weekend is coming..........happy trading to all
KEITH WILLIAMSON | INDEPENDANT GAMING CONSULTANT
SKYPE= ironman20001
http://twitter.com/ironman20001
I believe a hybrid plan (CPA and RevShare) is the optimum as it let's you reach the optimum and protects your monthly income from depositors with low volume.
But of course, in the end of the day it depends on the depositor you bring - its finding the optimum that can provide a consistent income from forex affiliate marketing.
I'd pick rev share even if your players are losing and giving you less than $200 net present value.
The $200 CPA has a reason, namely that an average player generates more in rev share over a lifetime. If your players are below average, I think you'd find it hard to keep your $200 rev share anyway.
It could be that variance among Forex players is exceptionally large, but this would mean it takes a bit longer to get an 'average' player base, not that you should go for CPA model.
What is the best method of converting a forex signup to a depositor as in the past I found the conversions extremely weak.
Simon Eaton
Affiliate Consultant - Commission.bz
Commission.bz - Earn 35% commissions from Sports Betting
Read the latest Sportsbook Affiliate Advice, as well as visit the leading Sportsbook Affiliate Forum
I tried to be an affiliate of Forex trading and took the CPA option. At the time they offer a huge signup bonus for new traders and I used my affiliate link to get some friends try it.
They all end up losing the money they deposited in just few days. And never touched Forex trading again.
Judging from this experience, the CPA makes sense. The signup offers are really enticing so you can easily get newbies venturing into it. But don't expect a large percentage of them trading for a long time.
Note...I stopped sending forex offers to my friends.![]()
Alan
Casino Affiliate Share
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