Best Affiliate Programs in Nigeria With High Payouts
The best affiliate program in Nigeria - RoboForex
Top affiliate programs in Nigeria:
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1
RoboForex - Revenue Share up to 70%
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2
XM Group - Up to $25 per lot
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3
Bybit - 10% to 30% per sale
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4
Fidelcrest - Up to 15% of sales are generated by affiliates
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5
IQCent - 20% of the client's deposits
Choosing the right Forex affiliate program is crucial for any aspiring affiliate marketer based in Nigeria. A suitable program should allow earning solid commissions while catering to the country's business environment and regulations. This article seeks to explore some of the most rewarding Forex affiliate options available for Nigerian residents. Each program is assessed based on payout policies, marketing support, ease of joining, product offerings, and popularity among local traders. Read on to gain valuable insights from industry experts on how to evaluate different programs and identify the best fit for your skills and objectives. Partnering with a high-converting, Nigeria-compliant brand can help motivated affiliates achieve meaningful revenue through diverse referral strategies and dedicated training.
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What is Forex affiliate marketing?
Forex affiliate marketing involves promoting and recommending Forex broker brands to earn a commission on referred clients or trading volumes.
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How do commissions work in Forex affiliate programs?
Forex affiliate programs typically pay commissions as a percentage of client deposits, trades, or monthly trading volumes referred by the affiliate. Payout rates usually range from 15%-50%.
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Are there startup costs for affiliates?
No - affiliate programs are free to join. Self-funded marketing is advised but not required as some affiliates rely on broker-provided tools.
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Do affiliates need trading experience?
While experience helps, it is not required to join most programs or to learn basic affiliate strategies. Success is driven more by marketing skills than Forex knowledge.
Top affiliate programs in Nigeria - comparison
With many Forex brokers offering citizens the opportunity to learn from affiliate marketing in Nigeria, some brokers provide the best. So, to know the best affiliate programs in Nigeria with high payouts, you may have to compare brokers offering affiliate marketing options.
| Name | What should I do? | How much can I earn? |
|---|---|---|
Advertise affiliate links on your preferred social platforms |
Revenue Share up to 70% |
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Advertise affiliate links on your preferred social platforms |
Up to $25 per lot |
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Advertise affiliate links on your preferred social platforms |
Up to 50% commission |
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Advertise affiliate links on your preferred social platforms |
10% to 30% per sale |
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Advertise affiliate links on your preferred social platforms |
Up to $1,850 for each active client and $45 for each new registration |
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Advertise affiliate links on your preferred social platforms Referral network |
Up to 25% commission |
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Advertise affiliate links on your preferred social platforms |
Up to 15% commission |
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Advertise affiliate links on your preferred social platforms |
Up to 50% rebate on transaction fees |
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Advertise affiliate links on your preferred social platforms |
Up to 15% of sales are generated by affiliates |
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Advertise affiliate links on your preferred social platforms |
20% of the client's deposits |
RoboForex affiliate program review
RoboForex's Partner Program is an excellent opportunity for any affiliate to earn profits quickly and easily. Through the program, you can get up to 70% Revenue Share and access to their Instant Partner Commission for immediate payments! Moreover, they also offer a Loyalty Program that rewards partners up to 20% of their total commission!
Furthermore, there are no payout limits, meaning you don't have to worry about restrictions on both your maximum payments per month or client. Join the RoboForex Partner Program and start experiencing the benefits today.
The RoboForex affiliate program stands out from the rest with its compelling features. Take their payments system for instance. There are daily payments that automatically transfer partner commissions directly to your account. There are also no restrictions when it comes to deals, bonuses, or 24/7 support - you'll get everything without any limitations.
Additionally, affiliates can access their complete analytics information with their Members Area in real-time, making it easy to gain valuable insights into essential data regarding clients.
XM affiliate program review
The low minimum deposit of XM makes it a great option for affiliate marketers. With a minimum deposit of just $5, your chances of getting people to sign up and make their deposit tend to be much easier. The XM Partner Program focuses on providing everyone an opportunity to earn from their referrals. You can get multiple commissions from a single client, with a commission rate that can go up to $25 for a lot. You also get 10% commissions on second-tier referrals, and the platform offers support for 25 different languages.
Every affiliate who signs up as a partner at XM will be assigned a personal account manager. This can greatly enhance your ability to profit from the program. These managers are not only experienced in Forex trading but are also knowledgeable regarding affiliate marketing. What this means is that you get an expert to help you get started on your journey.
There are no joining fees when signing up as an XM partner. The company is licensed, and they are regulated, and features a total of 16 platforms. There are also several features that you can use to attract more sales - such as the fact that XM offers bonuses on deposits, as well as leverage that can go up to 888:1.
IC Markets affiliate program review
IC Markets affiliate program is the perfect opportunity for anyone interested in earning a side income from foreign exchange trading. The program offers a straightforward application process and simple instructions on how to refer clients. Not only that, you get multiple commission-paying accounts with highly competitive, volume-based payments, allowing you to withdraw your profits quickly.
Plus, with access to an extensive dashboard and real-time statistics, you can always monitor your referral commissions. To top it off, the program provides 24/7 multi-lingual Support Partners that are happy to help whenever needed.
Joining the IC Markets affiliate program is easy, quick, and cost-efficient, as there are no sign-up fees to get started. Members receive marketing tools along with their unique referral links. With this powerful combination, partners can earn unlimited commissions through recurring payments sent to their Partner wallet — a feature automatically created when you become an authorized partner.
For added convenience, real-time payments are deposited into your partner wallet, with fast deposits, transfers, and withdrawals done from your trading account. Finally, IC Markets assists in growing your affiliate business as they send partners regular updates on the latest offers and developments pertinent to the program.
Bybit affiliate program review
The ByBit Affiliate Program offers industry-leading commissions, with a minimum of 10% Sub-Affiliate Commission Reward and a 30% Trader Commission Share. All you have to do is create and place affiliate links efficiently.
If you're new to affiliate marketing, don't fret. ByBit offers professional, one-on-one assistance from their BD managers to ensure you're on the right track. Even more, you get access to real-time data updates and commission settlements.
Affiliates also get insights into the performance of their campaigns with the help of detailed, multi-dimensional reports, helping them optimize their marketing tactics. If you're one of the best-performing affiliates, you'll even receive bonuses.
Exness affiliate program review
Exness has an unbeatable affiliate program that you don't want to miss. You'll get a commission of up to $1850 each time a user referred by you makes their first-time deposit on the platform, with a minimum deposit amount of just $10!
Moreover, the broker accepts traffic from over 80 countries, so you don't have to worry about geographical restrictions - plus, your earnings will be paid out daily. And that's not all: if you can generate high volumes of successful referrals, you also have the potential for extra bonuses.
Exness also pays for leads (CPL), with up to $45 for every registration, depending on their country and platform. This setup creates a great opportunity for affiliates looking to increase their income.
The more registrations you generate, the higher the payout! Furthermore, Exness offers consistent monthly payments and attractive incentives for the best performance. With such attractive terms, it's no surprise that the Exness affiliate program is one of the most successful in its field.
AAFX affiliate program review
Another broker offering affiliate programs in Nigeria is AAFX. It was created to reward both affiliates and customers. The AAFX platform benefits traders eager to begin trading currency pairs and those who don't want to embark on the trading profession.
Features of AAFX affiliate programs in Nigeria
No setup fees, expenses, or monthly referrals are necessary for the fixed amount payout
Free access to AAFX's marketing resources
Prompt payments and easy withdrawal options
Live chat support is available
Depending on how many clients you bring, there are various levels of PARTNERSHIP commission per lot:
- Bronze: 5-25 clients = $2
- Silver: 25-50 clients = $5
- Gold: 50-100 clients = $10
- Platinum: 100+ clients = $20
How to sign up for AAFX affiliate programs in Nigeria
When you see the dashboard, click Open an IB account, and then follow the form to continue with the application. To apply for the partnership account, you simply need to sign up with AAFX and complete the live account application. Wait for the approval, which could take up to 24 hours.
Funded Next affiliate program review
FundedNext affiliate programs in Nigeria are available for users who know how to convince people to subscribe to a particular broker. The affiliate's tier/level determines the commission.
Affiliates with Rising Star status will be paid a 12% commission. A 15% commission on every package purchase will go to Pro and Champions Affiliates. Rising Star affiliates can request a withdrawal of their affiliate commission every two weeks, and Pro affiliates can request a withdrawal every week. Champion affiliates can request a withdrawal at any time.
Features of FundedNext affiliate programs in Nigeria
High affiliate commission
Fast commission withdrawal process
Up to 90 days of cookie tracking
Perfect Money, DEEL, USDT, and BTC are the available payment options for FundedNext Affiliates
How to sign up for FundedNext affiliate programs in Nigeria
On the FundedNext website, select the Be a Partner and Become an Affiliate buttons. Sign up and begin disseminating your affiliate link. Using the same referral link only requires one registration per trader.
BitGet affiliate program review
BitGet is among the brokers offering crypto affiliate programs in Nigeria. By sharing their Bitget referral code with others, these brokers offer their customers the chance to generate passive income. You need to have a social media or community account related to cryptocurrencies, such as one of the following: Twitter, YouTube, Discord, or Telegram groups or channels.
Features of BitGet affiliate programs in Nigeria
A successful affiliate account opening will result in a 200 USDT trial fund; the total prize pool is up to 100,000 USDT
In exchange for sharing a total of 50,000 BGB in the referral pool, referrers receive an airdrop of 100–500 BGB
Daily commission payments and support for data-based customer management systems
A dedicated affiliate manager, professional support, tutorials, and marketing materials
How to sign up for BitGet affiliate programs in Nigeria
Visit the official BitGet website, select Services, and then click on Affiliate Program. Register, complete the Google form, and submit an affiliate application. Your application is reviewed within 24 hours, and upon approval, you will receive a special referral link.
Fidelcrest affiliate program review
Fidelcrest offers an affiliate program in Nigeria that rewards traders for bringing new clients to the company. There is no cap on the number of referrals a trader may make as a Fidelcrest affiliate; you can make up to $500. Before choosing which platforms to use to advertise your business, you might need to do some research on the kinds of traffic that Fidelcrest will accept.
Features of Fidelcrest affiliate programs in Nigeria
Long cookie duration
Fixed commission structure
Payments are always on schedule, and commissions are always approved quickly
The Fidelcrest affiliate program in Nigeria offers single-tier commissions
How to sign up for Fidelcrest affiliate programs in Nigeria
Visit the official Fidelcrest website, search for the affiliate program, and then click the sign-up button. To become an affiliate with Fidelcrest, just complete the short registration form. You will receive 15% of the first sale made through your affiliate link.
IQcent affiliate program review
The IQCent affiliate program in Nigeria is a top option if you are looking for a quick and effective way to make extra money. IQCent offers an excellent commission rate, and the percentage rises with the number of clients each week. Affiliates can choose between the CPA model, which is based on $250 for each depositor, and an additional 5% commission from their sub-affiliates with the IQCent affiliate programs in Nigeria.
Features of IQcent affiliate programs in Nigeria
Higher commission rates
IQCent provides a variety of marketing tools to aid in their success
When referrals are deposited, the affiliate's account balances are automatically credited
IQCent affiliate programs in Nigeria offer affiliates up to 20% commission
Friendly support team
How to sign up for IQcent affiliate programs in Nigeria
You can join the IQcent affiliate program in Nigeria by going to the official website, searching for affiliate programs, and signing up. After you do this, you will get a special link that you can share with others.
What is an Affiliate Program, and how does it work?
Forex broker's affiliate programs in Nigeria are another way brokers and members get rewarded. The process requires a promoter to compel an individual who does not know the opportunity or usefulness of a particular service. By doing this, the marketer earns a commission.
The affiliate in the Forex market is responsible for promoting the broker's services to the public and persuading them to sign up and trade with the brokerage. When someone clicks on the link you provided, registers with the broker, makes a deposit, and starts trading there, your job as an affiliate is complete. The Forex broker then pays the affiliate based on the commission the broker has set for affiliate marketing in Nigeria. If you know how to incorporate words that motivate readers to take action (such as clicking on the link you provided), you will succeed as an affiliate marketer. Let's use an example to explain affiliate programs in Nigeria.
Affiliate programs in Nigeria: Example showing how it works in the Forex industry
Let's say Mr. A just heard about the affiliate programs in Nigeria and wants to grab this passive income opportunity. After researching the different brokers for affiliate marketing in Nigeria, RoboForex emerged as the most suitable option. To start earning from the RoboForex affiliate programs in Nigeria, Mr. A follows the steps below:
RoboForex website
To join RoboForex as a partner, click the partnership button and adhere to the steps
A Partner Agreement that fully outlines the terms and conditions of your collaboration will be given to you
As soon as you have copied the affiliate link, go to the websites you want to promote RoboForex on
How much can I earn by broker’s affiliate program?
The earning potential depends on a few things. First, consider the commissions paid by the affiliate program that you want to join. Some programs pay more than others. Secondly, the amount of work you put in also affects how much you can potentially earn. If you spend more time on the promotion of your affiliate links, you may earn more - but only if you use the right techniques and share valuable content with your audience. If you are paid a $200 commission per referral on average, you only need to get five people to sign up and make a deposit to earn a total of $1,000 per month.
How to choose a trading affiliate program in Nigeria?
When searching for the best platform for Forex affiliate marketing, give platforms with high commissions top consideration. Some Forex brokers offer partners promotional materials like newsletters, banner ads, and other pertinent items. Additionally, keep an eye out for brokers who offer free Forex marketing tools. Below are some factors to consider before choosing affiliate programs in Nigeria.
Investigate the broker first to determine whether they are reputable, licensed, and have a successful track record. Regulation creates a sense of security and trust
Verify the broker and program have the assets and instruments you want to promote by reading reviews and comments from other affiliates
Verify that the broker is one of those providing the best CPA Forex deals in Nigeria for 2023. Learn about the different commission types, including hybrid models, cost per acquisition, and revenue sharing
Look into the affiliate program's past results and the broker's conversion rates
Analyze the available marketing resources and tools
Examine the terms of payment and the manner and timing of commission payments
Examine their level of customer service and carefully review the affiliate program's terms and conditions. Learn about any exclusions, prohibited marketing techniques, and cookie durations
Who can earn with an affiliate program?
Anyone can earn with a Forex affiliate program as long as they have an audience or network interested in Forex trading. Here are some top categories of individuals or businesses that can benefit from Forex affiliate programs:
Forex traders
The most obvious group that can benefit from a Forex affiliate program is current traders. Many traders already have an established network of contacts that they can use to promote their preferred broker and earn additional income in the process. Moreover, as an existing trader, you know what makes a good broker and can share your insights with others to help them get started with trading confidently and without any major issues.
Forex online marketers and content creators
Another group that stands to benefit from Forex affiliate programs are online marketers and content creators. If you have been blogging or creating online content for some time, this could be a great way to monetize it further. By reviewing different brokers within your niche or simply talking about them in your blog posts or videos, you can attract potential leads and refer them to brokers for commission-based revenue on their trading activities.
Social media influencers
Social media influencers have an engaged audience that trusts their opinion. As such, these influencers can earn money by recommending products and services from various companies via their social media accounts. The same goes for those wanting to join a Forex affiliate program – they can use their influence and reach out to followers to recommend specific products from brokers and be rewarded financially for doing so. This is one of the easiest ways for influencers to monetize their presence on social media platforms like YouTube, Instagram, Facebook, and Twitter.
Business networks
Businesses involved in Forex trading or related industries, such as financial services or investment firms, can promote Forex affiliate programs to their network and earn commissions on the referrals they generate. This is especially useful if your business has high-volume trades on a regular basis since it will enable you to negotiate better terms with whichever broker you decide to partner up with through their referral program.
Summary
Top affiliate programs in Nigeria with high payouts help traders make profits and create a new income stream. While it appears that many brokers are providing affiliate programs in Nigeria, before registering, find out about the broker's regulatory standing.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).