How to make money on Forex with zero capital No doubt, many of us are scared of forex
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No doubt, many of us are scared of forex due to the enormous risk involved. Others are willing and ready to work hard to achieve success in this market. This is why only a few succeeds.
What if you don?t have the brain or time to consume the Forex knowledge? Well, you can still make money here! You?ve probably heard of the Forex Affiliate programs and you overlooked it because you felt you are not up for it. You have failed to realize that it is a Super source of income that requires less time and Zero Capital.
Thousands of potential Forex traders are ready to invest and trade the Forex market. All you have to do is point them in the right direction.
How to Promote
Let us take the Profiforex Partnership Program as a case study.
The broker offers a one-way partnership program called the IB (Introducing broker).
You don?t need to verify your account or pass through a rigorous process to withdraw your commission.
Once you register an account, you will get a referral Link. You can give this link to your friend or colleagues who are interested in trading forex. Once they register an account using your link, they automatically become your clients. What is the reward?
You can choose to take a One-Time commission of 100usd to 200usd or share profits with the broker for trades made by your clients.
For every 1lot traded by your clients on a standard (Dollar) you will get 10usd. You?ll get 10cents for every 1lot deal made on a Micro (Cent) account. Now let us see how this system can make you rich!
Client 1 Makes 5 Lots deals every day = 50usd
Client 2 Makes 10 Lot deals every day = 100usd
Client 3 Makes 1 lot deals every day = 10usd
Total Earnings from only 3 clients = $160.
Weekly Profit (5days) = 800usd
Monthly Profit = 3200usd
Imagine if you have more clients or if these clients trades more than the above volumes. You can make money every day without wasting time and money.
Do not underestimate the power of Affiliate programs.