Forex brokerage FXGiants, part of global group IronFX, said on Tuesday it has launched FXGiants Affiliates, its first referral program for affiliates, under which it pays cost per acquisition (CPA) commissions of up to $800 for each qualified trader affiliates refer. Under the requirements, attracted clients must create 6 lots and deposits.
Commission fees are fixed and vary on affiliates’ country of origin and the number of number of recruited traders. They start from $200 per client and reach up to $800per client. It seems the broker seeks to expand its presence with new clients from various countries. For more details on the payment plans click here.
Affiliates need to be approved by the broker in order to open an Affiliate Account. They are required to operate a website or a blog. They receive the necessary materials to promote its service – marketing tools, tracking software, and online banners customized for their website in the relevant language.
Affiliates gain access to an Affiliate Portal, where they can obtain client reports, traffic activity, live reporting and conversion rate evaluation data.
The broker has launched a designated website for its affiliate program, affiliates.fxgiants.com.
The broker already operates a partnership program for introducing brokers (IBs). IBs maintain business portfolios and receive monthly commission for all clients and sub-IBs they refer to FXGiants.
FXGiants is a brand of 8safe UK, the UK arm of forex brokerage group IronFX Global. The broker is licensed by the UK Financial Conduct Authority (FCA). It offers forex, shares, futures, precious metals, spot indices and commodities to both retail and institutional clients in more than 150 countries across the globe.
The IronFX group consists of CySEC-regulated holding company IronFX Global, FCA-regulated 8Safe UK, GVS (AU) which also operates under the FXGiants brand and which is licensed by the Australian Securities and Investment Commission (ASIC), as well as IronFX Global Ukraine, which is a member of Ukrainian forex self-regulatory organization UCRFIN, and IronFX Global South Africa, regulated by South Africa’s Financial Service Board (FSB).