The foreign exchange market is unpredictable, everybody knows that. Most traders who have been in the trenches of wall street a long time will testify to this because they know like nobody else that nothing is 100% certain when it comes to the financial markets.
Of course having the right trading tools or professional trading signals, knowledge of risk management and solid trading experience can give you an edge that will help minimize your losses and maximize your returns. Successful trading IS possible but very rarely accessible to the average Joe or a new trader who is still learning.
If you are one of those potential traders or learning traders that have caught the bug of trading the markets know that this is not the only way to make money. In fact I will argue that there is a better way to make money on the Forex or binary options markets without making a single trade with your own money.
Forex and binary options brokers entice potential traders with very clever advertising which targets our primitive sense of wanting to be successful and stand out as a winner. The fact is that most new traders who follow brokers' ads and advise end up to be losers who hide away in embarrassment and defeat after having lost their investment. Why risk it?
Most Forex and binary options brokers offer very handsome affiliate programs which can make you on average $200 per recommended client. So if you send a few potential clients who want to trade to a particular broker you may end up earning a monthly salary without putting your capital at risk.
The Forex affiliate market is huge and it drives most brokers' sales. In fact many online brokers wouldn't be able to survive had it not been for an army of affiliates who send traffic to their website and help them convert. Some brokers can be very thankful and offer a plethora of materials that can be used by any affiliates.
Meanwhile the super affiliates live like kings and can negotiate higher payouts directly with each broker they want to promote. Brokers will do anything to get into the marketing campaigns of super affiliates who can send thousands of customers within a few hours or even minutes.
So if you are trading now and not doing too well know that there are other alternatives out there for you. One of the best and easiest way to become a Forex or binary options affiliate is to write about trading and your experiences with particular brokers.
You will need to sign up to an affiliate program of a Forex/binary options broker and get a unique URL link that you can use to promote their services. Each time a user clicks on that link and signs up and deposits money within 30 or 60 days you will be rewarded with a handsome commission, which usually range from $150 to $350 per sale.
You can make money on forex and binary options without trading! The web is full of websites where Forex affiliates promote financial products. If you need some examples to see how this works online visit a site I used to work for at http://winatbinaryoptions.com and I know form first hand experience that it is entirely possible!
Best wishes,
Bart