Forex Marketing

Avoiding Affiliate Program Scams

As a potential Forex IB or affiliate, you know that here are many different programs out there that are a part of the Forex money machine. While affiliation with Forex brokerage firm affiliate programs is indeed lucrative, there are those out there that leave a potential affiliate holding the bag. These are referred to as affiliate scams. Knowing the warning signs is especially important in avoiding these scams and sign with a reputable affiliate program. Learning all about the red flags that warn of a scam is the best way of protection for a potential IB or affiliate to learn.

One of the first things as a Forex IB that would scream scam would be plenty of leads but no conversions to the program. If the rate is low, avoid this like the plaque. If an affiliate program has no reviews at all, then avoid it completely. This too, is the sign of scammers. Details on a website or lack of details can also give you a clue about the possible problems. If there are few details, then this could be a scam. If you are asked to pay a registration fee as an affiliate, then it is also a scam.

One thing that should warn a potential Forex IB is the fees for affiliate programs. No reputable firm will charge you money to become an affiliate. In that same vein of though, it should not cost a fee to get your payment sent to you. Again a reputable firm will not charge fees for any reason. If this comes up, do not even bother with them! Support for the affiliate is also a red flag. Reputable companies will have ways to contact them via SKYPE, internet media, email or phone. To check, send an email with a question. If you do not get a response quickly, forget them!

If no return email is received then this is a scam. Stat results can also be an area of concern as problems can occur. Check the stats by clicking on your banners. Contact the program immediately if you suspect problems. If you do not receive any information at all, avoid the program. Not getting paid is the final scenario in how to avoid scammers. There are several possible reasons this would occur. One is that you didn’t claim the payment, two is a monthly required minimum or three the program changes dates of payment constantly. The third idea is the one for concern. This one is the surest sign indicating a scam company and many have been burned by this.

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