Affiliate Marketing Meaning in Forex Trading
Affiliate marketing is an online marketing strategy in which a business rewards its platform-members (affiliates) for referring customers to their online services or products. Forex trading and affiliate marketing are closely related, as Forex brokers often encourage their affiliates to promote their services or products, and affiliates often have the option to advertise Forex trading services. Forex affiliates, including websites, target clients who are experienced traders and invest in foreign currencies regularly. By promoting a Forex broker’s services and products, affiliates receive revenue-share payments for each deposit, trade and referral they bring to the broker.