Do not invest more money than you can afford to lose.
The UK-based forex and CFD broker London Capital Group (LON:LCG) announced a three-month promotion offer on its affiliate program. It offers a fixed CPA of $1000 and does not require a minimum first time deposit from the new client. The conditions are that the new clients must be from the UK or other English-speaking country, except the US and Canada.
For comparison, 500Affiliates, the program of another UK-based forex broker – Plus500, offers a CPA of between $200 and $800 per new trader, requires $50 minimum deposited amount, at least $40 paid in spreads (four standard lots traded) and is again defined by the country of origin.
The forex and binary options ETX Capital‘s program, ETX Affiliates offers CPA of up to $600 for every newly-qualified trader who deposits a minimum of $200 and places trades worth $40 (four standard lots) on the forex market.
Also recently, ThinkForex, a broker offering trading in forex and CFDs and spread betting, announced the launching of its new affiliate program, called ThinkAffiliate.
The ThinkAffiliates is divided into four types: bronze, silver, gold and platinum. The CPA rate is up to $1000 for new clients from countries such as Australia, Germany, UK and Switzerland, for example.
The requirements for a new client is to open a live account and to deposit between $200 and $1000, depending on the country of residence of the new client and the type of affiliate program. The trader must also have between four and eight required closed trades amounting to at least one standard lot, again depending on the program.
Unlike LCG, Plus500, ThinkForex and ETX Capital accept clients from Canada.