Digital wallets like Skrill and Neteller are maybe the most overlooked opportunity by forex brokers.
Foreign currency trading is a growing industry. According to the Bank for International Settlements, forex trading volume reached 6.6 trillion dollars per day in 2019, which is a substantial increase compared to three years ago. In 2016, trading in FX markets reached 5.1 trillion dollars.
Forex Affiliate Marketing opportunities
If you have a website, you don’t need to be a foreign currency trader to create revenue.
In Forex, affiliate marketing is an opportunity for website owners, bloggers, and forex brokers alike.
All you need to do is to refer your users to forex brokers. Once they join a broker’s network and start trading, you’ll be entitled to a revenue share.
However, creating organic traffic on Forex is extremely difficult. Your website, blog, or forum, has to be specialized to the extent, that it attracts skilled forex traders and offers products that correspond to those expert trader’s needs.
Of course, paid advertising is an option, but ROI is higher if there is a substantial body of relevant content to back up your advertising efforts.
On the other hand, forex brokers are managing a substantial number of clients. Individual traders prefer to use digital wallets for deposits and withdrawals because these are discreet, fast, and reliable financial products.
Ewallets have immense revenue potential that brokers should not neglect.
Some brokers not just accept but actually encourage the use of these services as they also enjoy the benefits of e-wallets. This means that you can receive extra bonuses or rebates if you fund your account through one of the e-wallets.” FX universal
Which forex brokers are accepting Neteller?
Neteller is accepted by almost all major forex brokers. For example, Alpari, FBS, RUBIX FX, eTORO, Instaforex, FXPro, AvaTrade, ForexBroker Inc, and numerous others. If you want to check, which brokers use Neteller as a payment method, there is a full merchants directory disclosed.
For fx broker, ewallets are a financial product that is very beneficial for trading. It is straightforward to set up a Neteller account, to upload funds, and to deposit them at an fx broker. Each account has an ID number, which can be tracked so that it is simple to receive accurate data.
Ewallets present revenue potentialfor FX brokers
Therefore, the best advise for forex brokers is to promote digital wallets for their clients. There are several ewallet affiliate program providers on the market. If your fx clients are using Neteller, then you need to find a suitable Neteller Affiliate Program.
Paynura, for example, offers excellent support for a Neteller Affiliate Program. A smart backend program will enable you to track all your clients, their deposits, and your commissions. When choosing the right affiliate program for ewallets, it is also necessary to check the conditions for a VIP upgrade. Upgrades are appreciated by your clients, thus, enabling them a faster upgrade is an additional reason to remain loyal to your broker’s service.
The best Neteller Affiliate Program
All in all, Paynura offers a perfectly tailored Neteller affiliate program for forex affiliates. There are straightforward benefits that will help you advance and provide better deals to your clients.
