It's all too easy to lose money trading forex or stocks, as anyone who does it knows. But there's an alternative, risk-free way to become a consistent 'market winner', even become wealthy, whether you trade or not. Become an associate, partner or affiliate for brokers, publishers and others in two-tier, second and multi-tier affiliate programs. Unlike trading itself, there's little if any overhead (COST) and NO RISK OF LOSS.
Losses, Costs and Overheads of Currency Day Trading
Even long-time forex traders experience losses from trades that 'go the wrong way'. No one wins all the time. But the biggest victims are forex beginners who lose hundreds if not thousands of dollars every day; it's often money they can't really afford to lose. Forex can be expensive, and I found out the hard way myself (see below).
Most software and online programs for forex (foreign currency pair) trading are free to use, and forex brokers do not charge commission, but with 'spread' they earn income from every trader entry – winning or losing. Stock brokers and banks do charge commission or fees on share purchases and sales. If you already know how the markets operate, but no longer want to lose more than you gain, then read on for an exciting and potentially lucrative alternative to trading. It's a business that virtually anyone can do anywhere.
All it requires is a bank account that can receive foreign payments. If you don't have one and would like to open a free bank account in the USA, even if you live somewhere else, then there's a solution to that problem here.
Also, if you're unfamiliar with forex trading, here is a brief summary of how it works:
Becoming an Affiliate for Forex, Stocks or Options programs is free
Read our Beginners page for the basics of affiliate marketing.
Forex and stock traders and others already with web-based businesses have discovered an easy and effective way to reduce trading losses (or increase profits) by offsetting the broker spread or commissions on other types of trading. They have joined forex affiliate programs. Forex brokers, as well as forex and stocks product publishers, (of books, training courses and software programs) pay high commission for trading account signups, product purchases and service subscriptions. Some brokers pay a portion of their own trading profit made from customers introduced by their affiliates.
To become a trading affiliate it is not necessary to become a forex or stock trader yourself, or be very knowledgeable about trading, just try to write as if you are, using information from other sources! It does help to have a basic understanding of how the markets work, and the easiest way to learn forex trading is by opening a free demo account with one of the dealers like ForexYard or eToro (they both have great affiliate programs - see below). If you want the feeling of risk, open an account with $50 (credit card) and trade live with Easy Forex. You might make money trading! However, even before you start you can apply to become their affiliate and make money from others signing up through your link. Does $250 commission plus a percentage of revenue appeal to you? It did me!
There are other programs and products besides forex. Stock trading, futures, commodities and options trading with books, systems programs, signals services and training courses, paying 30-40% or more commissions, and some with payments that recur each month. Commissions for these products range between $50 and $1,000 or more per sale.
How difficult is it with limited or no trading or marketing knowledge?
Learning to profit from forex and stocks the hard way
About two years ago, after convincing myself over a few weeks that forex trading was a way to easy money – and how wrong I was – I started making thousands of dollars on with demo or 'paper' trading accounts. Feeling superbly confident, I then borrowed $500 from a friend to open a live trading 'mini' account with a broker. If I made money I would share it with my friend! Alas, apart from making a bad choice of dealer/broker, I blew the account within one month. In spite of learning a lot since then, I have yet to fund another trading account or trade again; neither do I trade stocks, futures or options. Why? For me it's a bit too complicated and I don't like the risk.
What I did learn, however, was that there is an exciting way of earning considerably more than I was ever likely to from trading the markets - and without the risk of loss.
There are forex an share traders who will learn well, persevere and become successful by paying for good products and training and by following the rules. Some of them could become your 'customers' (but they won't even know it) as well as the many more who try but still won't make it for various reasons. They're the ones who should become affiliates! Which group are you in?
8 PUBLISHERS' TRADING COURSES & PROGRAMS YOU CAN JOIN NOW
Recommended for Beginners
(1) 2008 saw the introduction of eToro a forex broker with their own proprietary trading platform. With this program it's possible for an affiliate to earn money virtually every day. It may not be a fortune but it starts adding up as you are paid for free signups and also revenue share from trading. This is a good forex affiliate program to start with because you not only learn to trade forex live (useful to know what you're promoting!), eToro actually GIVES YOU $50 IN REAL MONEY to trade with when you download their software. Plus you earn healthy commissions from introducing eToro to others as it is a multi-level system up to 5 tiers.
eToro has trading platforms in 10 languages, so you can use excellent material to promote their web site in English, French, German, Dutch, Spanish, Portuguese, Russian, Arabic, Norwegian and Chinese.
Learn more and join the eToro affiliate program. It costs nothing.
(2) A relatively new forex dealer showing promise is ForexYard. I joined in May as an affiliate and am already seeing some results; they pay from $100 to $300 per new customer sign up. Their trading platform and the ForexYard site displays in 11 languages (English, French, German, Italian, Spanish, Finnish, Danish, Swedish, Russian, Arabic and Chinese); the program offers 2nd tier commissions too. Join the ForexYard affiliate program:
Here are some other recommended publishers and programs for forex, stocks and options trading products and courses. They all have partner or affiliate programs you can sign up for. There is no cost involved. Click on a link or banner and find out how to become one of their affiliates. There is nothing to buy and an excellent chance of earning extra income from the market trading industry. Follow links to Partners or Affiliates, register for free and start earning money!
If you're already a trader yourself, increase your profits or reduce your losses at the same time! If you're still keen to trade, you might consider buying some of them for yourself, but note that you can't usually buy something through your affiliate link to save money from the commission.
(3) Bill & Greg Poulos of Profits Run Inc. have great products which sell well, with high affiliate commissions. It is without doubt the best and most lucrative affiliate program we have found.
In March they launched a brand new training course related to ETFs. Even if that means nothing to you, believe me it was worth doing a little homework (the free copy of the program also helped!) in order to make considerable commission from selling this $2,000 program; I even earned a $400 bonus for selling more than 5 copies!
Join the Profits Run affiliate program
(4) FOREX AFFILIATE is EASY-FOREX's $250 CPA referral program:
Easy Forex is a well known heavily promoted forex broker with whom it's possible to earn big money with the right marketing. CPA is 'cost per acquisition' - in this case a new EasyForex account holder who starts trading. Refer one or more through your link and you earn $250 plus a share of EasyForex's trading profits for each one!
(5) Options University invites you to sell their full range of high quality products, courses, seminars and training material for options traders (even if you don't know an 'option' from an 'adoption' you can sell these courses!) to sell on commission at high rates. In May they announced a new section for forex trading, so there will be new products to sell in the future.
Learn more then join the Options University affiliate program or just go direct to the affiliate registration page.
November 2007 saw the release of Options University's new Strategist service. The affiliate program is well worth joining, with payouts of over $1,000 per sale. Get full details of the Options University Strategist Affiliate Program.
(6) Netpicks is also well known for its trading courses and services. Successful product launch campaigns for their Universal Market Trader and Ultimate Trading Machine programs have proved very lucrative and there's the extra benefit of recurring commissions for their subscription services. Join the Netpicks Affiliate Program.
(7) OTrader.com produces software that allows traders to easily keep track not only of their trades, but also their comments and thoughts when entering and exiting them. It generates reports so that traders can refine and improve their techniques - and so become more profitable. It sells well and the affiliate program for OTrader is here.
(8) Gann Global Financial offers an Affiliate Program with monthly recurring commissions from subscribers to their monthly service. Join this multi-tier program by clicking below.
(9) Bookmark this page and come back soon for another great affiliate program to join, with more to come as we find the ones that really make money...
Can you take more good news?
As you will see when you join, some of the above programs are described as "two tier, second tier (2nd) or multi-tier" affiliate programs. This means that if others sign up under you, you will earn commission from their sales too (usually 10%), for as long as they keep doing it. Inviting others to sign up can earn you extra money for doing virtually nothing and the publisher pays, not you.
Remember that all administration and commission payments are managed securely and automatically by the publishers and affiliate programs. You don't have to do anything except monitor your performance statistics and earnings to see how much you are due to be paid. There's nothing sweeter than waking up each morning and checking to see what you made while you were asleep or partying the night before!
Start earning residual income and/or reduce your forex trading losses with virtually no outlay. Just a little effort can make you hundreds (even thousands) of extra dollars within weeks – there's no upper limit.
What to do now?
Even if you just mention your successes with forex or share trading on your blog or website and include your affiliate link in the text, you'll be surprised at the results.
Prepare yourself for an exciting way of earning regular income online, starting TODAY!
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