iFOREX Partner / Franchise / Sub Broker / Affiliate Program Review
Find out all details about iForex Partner Program or Franchise Models here.
Did you know that you can earn some extra income just by referring your friend or colleague to your favorite brokerage house?
Yes, the iForex Affiliate program provides you with this opportunity that you can refer people to them and the revenue generated from those leads will be shared with you.
|Best Partner Program||Affiliate Program|
|Revenue Sharing or CPA||100|
|Second Level commission||10-15%|
|Partner Code Activation||3 Days|
|Affiliate Cookie Tracking||Up to 30 days|
Isn’t that a great opportunity? So, in this article, we will be discussing the iForex affiliate program and other partnership programs that this broker offers.
You can learn about the different programs, the revenue sharing structure, costs, and all other details.
If you are trading with iForex, then there are ample offers as well which can help you reduce your brokerage cost and trading cost.
iFOREX Partner or Franchise – Overview
|Founder / CEO||Rajesh YP|
|Headquarter||The British Virgin Islands|
iForex partner program has been one of the popular partner programs offered by brokers across the globe.
The affiliate program is the best program that iForex offers. However, there are many other programs that this broker offers.
The British Virgin Island-based brokerage house is regulated by the CySEC and FCA.
The firm was established in 1996 so you can get the benefit of associating with a three decades’ experienced firm.
Rajesh YP started this firm back then and now it has branches and franchises all over the world.
With the iForex franchise, you can earn up to $100 or 100 Euros/ GBP as the CPA or share of the revenue. This varies from one program to another but the basics are this.
There is even a second level commission which means you can earn if your referred trader refers to someone else and they generate revenue for the company.
The second level commission varies from 10% to 15% which is also one of the best in the market.
The commission withdrawal facility is superb with iForex and you can withdraw instantly.
For becoming the partner of iForex, you would need a partner code which just takes 3 days to get activated after your application gets approved.
Become a Partner Now! – Fill up the Form
Types of iFOREX Sub Broker or Partner Program
|Types of Business Models|
|Partner Type||Affiliate Program||Introducer||White Label Partnership|
|Revenue Sharing or CPA||100|
|Up to 30-45%||Up to 65%|
|Referred Trader’s Deposit – FTD||100-799|
|Code Activation Time||3 Days||3 Days||2-4 Days|
Let us now see the individual types of programs for becoming an iForex partner.
There are three types of partnership that iForex offers to prospective and interested partners and they are –
iForex affiliate program as mentioned above is the best program for partnering with iForex amongst the three. You can earn up to 100 UDS/ EUR/ GBP as the revenue or the CPA.
There is no cost you need to bear for becoming an affiliate program member of iForex.
Hereunder this program, the referred trader’s deposit should be between $100 and $799 (EUR or GBP).
This means the trader you refer to must deposit this amount as the initial deposit.
For becoming an affiliate partner, you need to wait for 3 days after your application for the same gets approved. As the code will be activated within three days.
The second iForex partner program is introducer which is another best program that this broker offers.
The revenue shares you can earn if you become an introducer partner are within the range of 30% to 45%.
This is a lucrative offer as more than 60% of the revenue is shared with you just for referring the traders. In this program also, there is no cost or investment involved.
The code activation time is also the same and the referred trader’s deposit is also the same as the affiliate program.
White Label Partnership:
iForex offers White Label Partnership as well.
Under this program, you can earn up to a whopping 65% of the revenue that is generated by the trader you referred to the broker.
There is a minimal cost you need to pay for becoming a While Label Partner of iForex.
Under this program, there is no minimum or maximum deposit that your referred trader needs to deposit. Even the code is activated within just 2 to a maximum of 4 days.
iFOREX Franchise Revenue Sharing
|Introducer||Up to 30-45%|
|White Label Partnership||Up to 65%|
As per the revenue sharing structure, White Label Partnership comes at the top as you can earn up to 65% of the revenue under this program.
This is one of the highest any partners program offers to the partners.
If you choose the Affiliate program then you can earn a revenue share or CPA of 100 USD/ EUR or GBP for each of the traders your referred trader does.
Finally, there is introducing a business partner program under which the revenue share the partner will receive varies from 30% to 45%.
The revenue share is one of the most important components you need to check and compare with other brokerage houses offering similar partners programs.
The revenue share is what you are working for, so you need to be well aware of the same.
Find Affiliate Partner Programs / Franchise of other Forex Brokers
|Alpari Partner||eToro Partner||FBS Partner|
|Avatrade Partner||Olymp Trade Partner||Forex.com Partner|
|FXTM Partner||IC Markets Partner||IQ Option Partner|
iFOREX Partner Cost or Security Deposit
|Partner Cost or Deposit|
|Introducing Business Partner||100-799|
|White Label Partnership||NA|
You can join the iForex partner programs free of cost except for the White Label partners program.
There is no security deposit or cost associated with the affiliate and introducing business partner programs.
For the White label program, there is a certain cost you need to bear and pay for becoming the White Label partner.
However, for the affiliate program and the introducing partner program, there is a minimum and maximum deposit requirement from the traders referred.
The referred trader must deposit a minimum of 100 USD to a maximum of 799 USD (it can be EUR or GBP as well) and then only you will receive your share of the revenue.
However, for the White Label partner program, there is no such deposit requirement from the traders you refer to.
iFOREX Franchise Offers
|Zero Deposit scheme||Yes|
|Real-Time Commission calculation||Yes|
|Second Level Commission||10-15%|
|Personal Account Managers||Provided|
|Multiple Payment Systems||Available|
If you are wondering what offers you can avail by becoming the iForex partner then here is the list of offers they are providing to the partners –
- You can become a partner of iForex without any deposit. There is no such deposit scheme they have for the affiliate or any other partner program. This means as a partner you don’t need to pay any deposit.
- The commission you will be getting is calculated on a real-time basis. Thus, there is no hassle for you to calculate the commissions on your end.
- The best offer is the second-level commission that iForex offers to the partners. You can get up to 15% of the commission (revenue share) from the traders referred by your referred trader.
- You can also get the facility of having personal account managers.
- There are multiple payment systems as well which helps you withdraw funds (commission) easily.
iFOREX Sub Broker Eligibility Criteria
|Business Experience||Minimum 1-3 years|
|Minimum Qualification||No basic qualification/degree|
|Desired Profile||Business in Similar Field|
So, now you know the offers, revenue, and cost related to the partner’s programs. Let us now see the criteria you need to fulfill for becoming eligible as a partner of the brokerage house iForex.
- The age of the partner needs to be above 22 years
- He or she needs to have at least one to three years of experience in business
- If the business line is similar, then it is a plus
- There is no minimum educational qualification required or degree required.
As you can see the eligibility criteria for the iForex partner program are quite flexible and simple, you can easily become a partner if you fulfill these criteria.
Find Business Partner Program for Different Forex Brokers
|AXI Partner||Deriv.com Partner||UFX Partner|
|Binarycent Partner||Degiro Partner||XM Partner|
|Binary.com Partner||Binomo Partner||Bitmex Partner|
How to Become an iFOREX Business Partner?
The process of becoming iForex sub-brokers is mentioned below –
- There is a tab or button on this page “Become a partner”. Find it and click on it. Once you click on it, you will see a popup form on your screen
- On the form, you need to enter all the details – name, occupation, age, address, and other as required
- Submit the form and then you will be redirected to the registration portal of iForex.
- Once you are on the iForex partner program registration page, you need to add other details.
- Then upload the documents as mentioned in the form. The list of documents will be given in the below section as well
- Make sure all the details are as per the documents
- Then submit all the documents and wait for the associate of iForex to contact you
- They will guide you about the rest of the process
- If there is any cost involved like in the White Label Partner program, you need to pay the same before becoming the partner
- Once and if your application gets approval, then you will have a partner account with iForex.
- The details will be sent to you in your email
- And the partner account will be completely set up by iForex only.
- You can then use the account and every time you refer clients, and commission is generated, the same will be reflected in the account.
Documents required to Start iFOREX Franchise
The documents you would require to upload for the iForex partner program application are as follows –
- A copy of PAN
- Any government id or proof of residence – Voter ID, etc.
- Any certificate as proof of your experience in business
- Documents of partnership
- Business ownership proofs
- Educational certificates if any
Support Provided by iFOREX Partner Program
|Back Office Support||Available|
|Multilingual Promotional Materials||Yes|
The iForex partners get ample support from the brokerage house –
- There is back-office support available for the iForex sub brokers and iForex franchise.
- iForex also provides trading, dealing, and marketing support to the sub-brokers, franchise holders, and partners.
- There is promotional support and materials provided in multiple languages
- You can also avail training support which can help you in understanding the iForex services and products.
- There is also a commission tracker for keeping records of all commissions.
Benefits of iFOREX Sub Broker Program
The benefits of becoming an iForex sub broker are as follows –
- You can get a very high revenue share from the referrals. It can be a second income source for you.
- There is a daily payment system provided by iForex. This means you can get the commission you generate on the very same day. There is no waiting time or delay involved.
- As you can see in the above section, there are multiple supports available to help you acquire traders and clients
- There is no heavy investment you need to do for becoming the partner of iForex.
Check out Online Partner / Financial Partner Programs of Forex Brokers
|IG Markets Partner||NordFX Partner||FXOpen Partner|
|NinjaTrader Partner||OctaFX Partner||FXPro Partner|
|Markets.com Partner||IronFX Partner|
iFOREX Partner Program – Conclusion
To conclude, we can say that the iForex partner’s program can be regarded as one of the highly lucrative partners programs.
You can earn up to a whopping 65% of revenue under the White Label partner program. Without any investment, you can have a second source of income.
iFOREX Franchise or Sub Broker – FAQs
Here is the list of FAQs related to the iForex partner program:
Does iFOREX have an Introducer Model?
Yes, there is an introducer model that iForex has.
You can become a partner under this model without paying any fees or security deposits.
The commission you can earn under this program is up to 45% of the revenue.
Is iFOREX having multiple Franchise models?
Yes, there are three franchise models that iForex offers at present.
There is an Affiliate Program, Introducing business partner program, and White Label partnership program.
What is the iFOREX Sub Broker Commission?
The commission varies from one program to another. Like you can earn up to 45% in the introducer program and 65% under the White Label program.
How much is the iFOREX Franchise Cost?
The cost is nil for the affiliate and the introducer program. You can become a partner under these two programs free of cost.
The only cost involved is in the White Label partnership program, where you need to pay some amount as a deposit or fees.
Does iFOREX provide Referral Program?
Yes, you can become an iForex partner and refer traders to the broker. Under the affiliate program, you can refer and also under the other two.
What is iFOREX Referral Revenue Model?
The revenue model is as follows –
- You get $100 UDS /EUR/ GBP under Affiliate Program
- 30% to 45% of the revenue under the introducer program
- Up to 65% of revenue under White Label Partnership
Is the iFOREX Partner Program Free?
Affiliate program and introducer partner programs are free but White Label has certain charges attached to it.
Does iFOREX provide Training Assistance?
Yes, iForex provides training assistance to the partners.
This helps the partners to become aware of the businesses provided by the broker and pitch to the prospective clients properly.
How to own an iFOREX Franchise?
You can register for becoming the iForex sub-broker or iForex franchise. If your application is approved, then you can have the franchise.
Does iFOREX Affiliate Program provide Support?
Yes, there is trading, dealing, training, and marketing support provided by the broker to the franchise holders and sub-brokers.
Become a Partner Now! – Fill up the Form
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