I'm currently working on different products to increase my volume and was gonna try forex products. Just wondering if people here have had much success with them?
I'm interested in this question too. I guess the trick is to get targeted traffic (people who already have forex accounts and want to figure out how to use them). If your visitors don't have an account yet - you are much better off sending them to forex brokers signups - they pay much bigger $$$ when you refer customers to them.
They convert well but many refunds because the false "make thouasands a day" claims. Sooner or later the CFTC will shut them down because of all the false promises they put on their website(s). I can review most fx products for free because I have a huge forex related site and 95% of all products are simply crap. (which i do not promote). Finally, it is up to you if you want to promote them..
Why do brokers pay a lot of $$$$$$$$$$$$$? Nothing could be further from the truth.. Referring clients myself to brokers, it isn't worth your time because most will lose their money in less than 14 days. And if their account is empty your money stop rolling in.
That is the one pet peeve I have with alot of the signal products on clickbank. a great deal of them will get your hopes up, and try to build up a fake sense of reality, where you press one button, and set it and forget it. Yeah, having signal software may somewhat eliminate the need for technical analysis, or help a newbie trader get through his first year or two with trades. What the majority of these software solutions are, are just Wave analyzers processed in C sharp or VB, and they do the calculations for fibonacci retracements and take historical data and spew out a number for you to play. That's all! (I have a couple of friends who program in metaquotes and make signals and backtest them all day. That is ALL they do.) wiper, I also own a forex website, www.goforextrade.com, does yours happen to be a blog site of just an news/info site like mataf.com or dailyfx.com? I was wondering.
I'm going to try entering the forex field in the next couple of days. karabas - thanks for the advice about where to send each kind of customer. I'll now sign up with some forex brokers and make a split page for people with accounts and people without accounts. I won't make a blog about it since I have too many blogs (actually two ) right now and it's really annoying to keep track on many (besides that, I need to focus...). nadavs
How do you think you can sign up with "some forex brokers"? Usally the crap forex brokers allow people without a website to signup for their affilate program but you can forget about it with any serious forex broker. You need to follow their rules and their requirements to become an RB.
I wish all of you the best of luck with this... I actually made a post on my blog as of recently, to open the can of worms in the forex community. I have made a blog article about my new policy on reviewing forex products. What I want to do eventually, is make the blog's approach as if it was an expert blog on the subject of forex products and services and report various news subjects. Going this approach, I think would increase potential sales and increase 'credibility and expert' status, which will increase the site visitors 'trust' in you and make them more liable to purchase away! Tom Howell www.goforextrade.com
I'm running an educational fx website with over 600 content pages. FXCM is my main advertiser paying me some nice dollars every month. Income is from clickbank and advertising.
Now let me ask you wiper. The 600 pages, were they community generated, generated by you, or PLR materials given by FXCM, or some other authority in forex trading? Tom Howell The Forex Guy
I've written 50% myself. Other 50% are written by analysts. I don't like to open a forum because: 1-) It takes to many server resources 2) you have to watch the forum all day because of many spammers 3) I have to manage a lot of other small niche website too The funny thing is I saw the "LondonForexRush" ad on your reviewblog. I asked the developer for a copy to review and he send the same day to me. That's the way I work to avoid sending crap recommendations to my list. Seems a nice product as i am currently testing it. The only problem I see is that it is designed to trade the London open session. My main audience is from the US. So, I think they won't buy it. Lots of success with your blog.
wiper Thank you! And I wish the best for your endeavors as well! I will have to talk to that guy from the londonFX team Tom The Forex GUy
There are some in CJ, so I trust them to be reliable. Also, there is forex-affiliate.com which gets good recommendations. I don't need 1000 brokers, just 3 or 4. nadavs