Forex Affiliate Program

A FOREX affiliate program seeks to draw new clients to a FOREX (foreign exchange) website so that they can engage in currency trading. There are many different types of affiliate programs on the Internet, and each offers some type of financial reward to site owners for bringing increased traffic to the seller's site. Affiliate site owners also get a percentage of the proceeds. This is accomplished by displaying ads or banners (embedded with the affiliate's account number) which draw the attention of potential customers. Marketing tools and advice designed to improve customer response rates are also supplied.

Another way to draw potential customers to an affiliate's site is to send the FOREX program's marketing materials via email to the addresses of friends and relatives. Using a link from your materials, the opportunity is given to trade at the sponsor's website. Spamming (sending unwanted or excessive advertising email to others) is discouraged by the FOREX affiliate program. This leaves an individual with a limited number of eligible contacts. Some affiliate programs offer continued monetary incentives for future purchases made by the same customer. For every new person who deposits money with the FOREX program, a monthly affiliate fee is paid to the owner of the site through which the purchase was made.

The foreign exchange industry is a huge market with daily turnover valued at trillions of dollars. Those involved in currency exchange trading include central and commercial banks, organizations, professional traders and individuals, and these may be located anywhere in the world. Access to online reports on one's traffic and commission levels is usually made available. Commissions are based upon a percentage of the sales generated, along with a fee for each individual brought to the trading site. Sometimes, a FOREX affiliate program offers a second tier of potential earnings, when an affiliate's customers also become affiliates. At this point, commissions are earned on their commissions.

Most foreign exchange trading is done between the US dollar and the six major currencies: the Euro, the Japanese Yen, British Pound, Swiss Franc, and Canadian and Australian dollars. No physical exchange of currencies actually occurs. Rather, the participants agree to trade an amount of currency at an agreed-upon date and exchange rate. Traders can speculate either for or against the value of the currency. Only a small proportion of the stated amount is needed to get a contract. This collateral or margin is required in a certain ratio. Professional currency traders seldom use more than a 10:1 leverage. The FOREX affiliate program customer is involved in one of the most liquid markets in the world. It is also easily affected by political or economic changes. Exchange rates can rise or fall quickly, generating profits or losses accordingly. As the author of Proverbs 23:5 wryly notes, Wilt thou set thine eyes upon that which is not? for riches certainly make themselves wings; they fly away as an eagle towards heaven.

Another concern regarding a FOREX affiliate program is the increasing appearance of financial scams associated with this market. Some brokers allow much larger rates of leverage than is appropriate -- between 50:1 to 200:1 margin. This can tempt traders to risk larger amounts of money, while generating money in fees for brokers. Scams tend to advertise that spectacular sums can be gained from relatively small investments. At times, unscrupulous individuals do not even invest the funds at all, and either shift the money around to obtain more transaction fees from the 'client', or just abscond with the funds. Scams may include offers to 'manage' funds for a fee, or sell the client software, newsletters or other materials which are supposed to practically guarantee results. Brokers who claim that FOREX trading is a low-risk, high-profit investment should be immediately considered suspect.

Even with a legitimate FOREX affiliate program, customers are certainly not immune from great losses. Most individuals do not possess the information or experience which professional traders have, but even if they did, successful results are far from guaranteed. About 90% of traders lose money on FOREX deals. Studies have been done which indicate that since there are a finite number of trades available, and most traders are somewhat under-capitalized, there is no probability of winning against a world of capitalized players who will never all become bankrupt before the individual does. Often, participants do not factor in other costs which are subtracted from all players: commissions, fees, and transaction costs. Given all these factors, the only honest conclusion one can make is that FOREX investors are most likely to lose all of their money!

Many firms or individuals that seek to obtain accounts for foreign exchange currency dealers are unregulated, so the investor is exposed to the possibility of fraud. The US Commodity Futures Trading Commission (CFTC) loosely regulates the foreign exchange market in the United States and notes increased numbers of fraudulent dealings during non-bank-related transactions in the exchange industry. Both the CFTC and the National Futures Association (a self-regulating body) offer programs to help resolve disputes involving FOREX accounts. However, opportunity for fraud still exists. An individual participating in some type of FOREX affiliate program should be extremely careful to check out the organization running the program, and to read all contracts thoroughly. Avoid programs which push for quick decisions, or are unwilling to answer questions. Finally, do not invest any sums of money with a FOREX affiliate program which are needed to provide for present or future (retirement) needs.

At Home Internet Business

An at home Internet business can mean freedom, flexibility, and financial stability for many dedicated and determined individuals. Online ventures can create needed extra income through the specialized talents of hopeful entrepreneurs. Some of these ventures offer the opportunity bring in passive revenue twenty four hours a day. Others allow workers to be their own boss while supplying a needed talent or service on a contract basis. In some cases, an individual may be able to work as a regular employee from the privacy of their own residence thanks to telecommuting technology. Another lucrative possibility for a successful at home Internet business could involve retail sales. If an entrepreneur can create a unique product and market it online, sales of this product can continue to generate income for years to come. Other jobs that adapt well to work from home could include writing, copy editing, proofreading, online marketing, tutoring, test grading, or general clerical work. Affiliate programs can be very lucrative for many web savvy individuals. These programs involve commissions earned through linked advertisements that are featured on a business owner's website. In some cases, a marketer can increase income potential by recruiting new affiliates into the program. Whatever approaches a hopeful online employee or business owner might take, it is certainly possible to earn a regular income over the World Wide Web.

For anyone who is trying to create an at home Internet business there can be many challenges. One of these challenges may involve finding the time to make this dream a reality. For those with full time jobs this can be especially difficult. Once a new venture is up and running, making the decision to leave the security of a steady job to devote more time toward helping the online company grow will require wisdom and research. Individual financial situations and level of obligations that a family faces will of course come into play when making this decision. However, other concerns such as family needs, childcare pressures, and the benefits of a more flexible schedule can have an impact. In addition, the savings that will result from lowered expenses in regard to traveling to and from work as well as workplace attire can cut monthly expenses substantially. On the flip side, if a full time employee is providing benefits such as health and life insurance for the family, the loss of regular employment could be very costly. Sick pay, paid vacations, bonuses, retirement funds and several other benefits will be forfeited with the decision to become self employed. Still, an at home Internet business can prove to be both profitable and advantageous to a family's daily life when executed wisely.

A hardy work ethic can be a very valuable quality for any hopeful entrepreneur who is attempting to build a successful at home Internet business. Selling products online could be a good foundation for a larger venture. If an individual has tapped into a line of products that are in demand in the marketplace, growing a small, part time business into a full scale company can be possible. Here is where work ethic and commerce related savvy can work hand in hand. In addition to retail businesses, there are other earning opportunities that can be pursued from a private residence. The trick is to find an area of interest that is not a fad and will continue remain in demand over the long term. For example, over the past several decades starting a day care operation out of an owner's home has been a solid way of providing extra income. The need for quality child care is a consistent one. Many parents feel more comfortable leaving their child at the residence of a loving caretaker rather than a more formal child care institution. While providing childcare is not something that would qualify as an online venture, offering advice on childcare and the concerns of working parents can result in a profitable website. There are also many related products that could be advertised on this site as well, and these advertisements can generate regular monthly income for webmasters. If these websites also offer objective reviews and referrals of local childcare providers and the laws that pertain to these organizations, then this site is also providing parents with a valuable service. In general, websites that offer valuable services will usually attract lucrative traffic and result in a successful at home Internet business.

Those who possess a skill with words may be able to build a successful at home Internet business by using this talent. There are many opportunities in this area including the creation of copy for various web sites. Creative endeavors that find publication on the World Wide Web can also generate a regular income. Anyone who is attempting to start their own business would be wise to listen to the advice of others who have succeeded in this area. The value of true wisdom is aptly described in the Bible. "For wisdom is better than rubies; and all the things that may be desired are not to be compared to it." (Proverbs 8:11)

Before beginning an at home Internet business, there may be many important factors to consider. For example, finding opportunities that are a good fit to the individual is very important. Without sufficient interest in a field or topic, a hopeful entrepreneur may soon find the work involved to be very tedious. Before entering into any agreement with other online ventures, the reputations of these organizations should be investigated. Along with the many opportunities that the web may offer, there are also many scams and unscrupulous companies. Success in this area will obviously involve avoiding such dodgy and unprincipled enticements.





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