Be a Trader or Be an Affiliate?

[dimas.rangga]

If we do not need risk, i think join affiliate program is much better. Just making promotion we ca get dollar from clients. But which affiliate program that ggod for us??

I recommended Liteforex affiliate program, because we will get $15 per lot traded from clients.http://www.liteforex.com/partners/

[vic84]

  seantrade said:

If you already have an audience, or a large number of followers, you can venture into affiliate marketing; but the its forex trading that can guarantee you more financial freedom if you have a winning trading strategy.

 

I think its a good option to both because as a trader you can earn by trading and at the same time you can also refer people to earn more.

[usok]

why not be both, i mean, brokers like hotforex have good account and good programs up to 10 usd per lot traded, im no affiliate i mean im not good at it. but i know people earning more from it than simply trading.

[arbtrader]

I can earn money from it as much as I want rather than an affiliate. It only on and off, and it's very difficult to get people to join in.

[wahabdeen]

nice posting

[usok]

im curious are there any IBs here how would share some insight on how much an IB can make?

[vic84]

Its up to you but i think you should trade and be an affiliate in parallel to that, it will help you to earn a bit and you can also take it as an investment.

[Frederick Burton]

This is something that’s definitely hard to answer, at least for me. I trade with OctaFX broker and they’re so special with low spreads, high leverage, bonuses and all that, but even if we’re just working as affiliate then too we can make huge money that too fairly consistently. This is all because of massive rebate program that helps me earn 15 dollars profits per lot size and that’s even with losing trades too making it all so much better.

[Princess Fuzzie]

I prefer being trader because i love trading. Trading is much more easier then any affiliate program. As a trader, i know the flows of trading so i like trading.

[pas]

  Princess Fuzzie said:

I prefer being trader because i love trading. Trading is much more easier then any affiliate program. As a trader, i know the flows of trading so i like trading.

 

Because of it we should be able to trade properly, or learn from a demo account or demo contest so that the skills and experience we get, and trading it could be as much as possible

[binaryowner]

Well to be successful in attracting traders as an affiliate you have to be proficient in forex, because most of my leads opened account under my link after I helped them to learn forex basics, assisted them in demo trading questions, provide trading signals, etc.

[vic84]

  controlxs said:

Well to be successful in attracting traders as an affiliate you have to be proficient in forex, because most of my leads opened account under my link after I helped them to learn forex basics, assisted them in demo trading questions, provide trading signals, etc.

 

Yeah you have to open an account, but moreover if you open a account then people who you ask to join will be more confident.

[dashingboy]

Well I would like to do both, but I am very much happy by trading. It would be great if I could do both.

[binaryowner]

  vic84 said:

Yeah you have to open an account, but moreover if you open a account then people who you ask to join will be more confident.

I have 5-6 large leads in Hotforex, with 50 lot average monthly volume. Got them from forexfactory forum...