See that's the problem, we expect the affiliate to do the job described. If I had the time/knowledge to do my own affiliate program that's what I'd do! We are fully regulated under a bank license, so far from a scummy broker.
We're basically vetting all the affiliates we get in touch with...quite simply what ad they'll use for starters. Many use crypto get rich quick scheme ads, using celebrity names who ''made fortunes using xyz crypto currency having invested only €250" type adverts. We don't even offer crypto on...
We prepay for each client...say we want 20 leads, they'll charge us €500 upfront. They'll continue sending us leads (at a slow pace so lets say around 20 a day), each time someone makes a deposit (typically very low around 50-200 euro). Now you can see, paying 10K upfront and get, at best, 4K in...
Through all my time dealing with prepaid affiliates...are there any truly good ones out there? Specifically in the CFD/Forex niche.
They all charge an arm and a leg, yet deliver at best a pinky. And most of the ''clients'' they bring in, haven't a clue what my company offers...they all seem to...
Can't understand how Etoro/Plus500 etc would be recommended. They claim zero fees but have enormous spread. It's much more expensive to trade through Etoro etc.
Sadly this has been our experience also with affiliates (FX/CFD niche). Pre paid (a significant amount not to be sweated at) and was promised high end clients...yet all amounts coming in where exactly the same $. And I mean to the dollar...and of course a fraction of the CPA.
Went to a...
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