Thinking out of the box is a top strategy if you want to have a competitive advantage in any field and at any moment in time. The question is, are forex traders thinking beyond the obvious opportunities?
Skrill and Neteller are important players in Forex. Can you imagine depositing funds without a digital wallet? The majority of traders can not. If you want to move funds fast across different Forex platforms, you are definitely more agile with Skrill and Neteller than with a bank transfer.
If forex traders are making deposits with digital wallets, why not to monetize that fact. As a Skrill or Neteller affiliate, you can collect commission payment and upgrade your clients. Double perfect!
Successful forex traders usually have followers who either copy or learn from their trades. They constitute your powerful network that can be monetized without an extra charge.
Forex trading platforms offer different deposit options: from credit card payments to digital wallets. Trading with digital wallets is faster, more discreet, and reliable. Moreover, it presents an opportunity to generate additional income.
Some forex traders are reluctant to embark on this opportunity because, at first glance, it seems like they have to collect pees and pennies. Those who are active Skrill or Neteller affiliates know that the reality is quite different. Commission payments can accumulate into a solid regular lifetime income stream.
Forex traders need to sign up as affiliates at an affiliate program that offers Skrill and Neteller. Paysafe affiliates are the official affiliate program for Paysafe products. However, the program lacks in customer support, and other Skrill and Neteller affiliate programs are able to provide better deals regarding commission payments, support to affiliates and their network, and other benefits such as instant VIP upgrades.
Paynura is setting a new standard in ewallet affiliate programs, making it easy to become an affiliate and providing the support that one needs for his affiliate journey.
With Paynura, forex traders have a precise overview of their referred clients. Each time their traders deposit with Skrill or Neteller at a trading platform, forex traders are entitled to a revenue share.
Revenue share is share of the provision that the trading platform pays to Skrill and Neteller. The deal that a trading platform has with the specific digital wallet is determined by agreement. Therefore it is usually not even disclosed to the users.
Market-leading forex platforms generally have more attractive deals with lower fees, while middle-range merchants usually pay between 2.5% and up to 5% of the deposited amount. The affiliate’s revenue share is a share of that provision, which Skrill and Neteller share with affiliates promoting their products.
If a client deposits 2,000 EUR to a forex platform that has a 5% deal with Skrill, in this case, Skrill gets 100 EUR in net revenue. Skrill then shares 20% of 100 EUR, so the forex trader/affiliate receives 20 EUR in affiliate commission.
If a trader has a network of 10 traders that deposit with Skrill or Neteller, he can generate 200 EUR in net affiliate commission. And each time his clients deposit, he automatically gets a revenue share.
Students and fellow traders in your network are your greatest asset if you are an affiliate for forex products and platforms. Traders want to keep their followers loyal. Therefore, they have to nourish their network. As affiliates for ewallets like Skrill and Neteller, traders can help their community by upgrading them to Skill or Neteller VIP status, which will increase their withdrawal limits, lower the transfer fees and currency conversion fees. For traders, VIP status can change the conditions and directly increase their revenue. If a trader can do that for his clients, they will stick with his services.
With Paynura, forex traders can open an affiliate account for Skrill and Neteller. Our support team will work around the clock to upgrade your clients and provide you with exclusive benefits.
