HY affiliates program.Any partners here to provide a review?

26 Feb 20 9:25 pm

The niche is indeed promising, especially if the partner practices revenue share option. In this case if you get lucky enough to bring in the moneybag, the revenue share might turn out to be rather impressive. However, there are also lots of specific details you will have to pay attention to when targeting the campaigns. For example, choosing only last IPhone model audience won’t work as good as it would let’s say in a beauty and jewelry industry. Traders can come out of all casts and have very different initial level of income. Moreover, they simply can turn out to be rather strange people and own an android phone simply because it’s got “fair value”.
Also a lot depends on the marketing tools that you plan to use.

28 Feb 20 3:53 pm

Lol, looks like you've had some experience. In fact I have some trading background myself. Not an impressive one, but still good enough to understand what you are talking about. From what I see in the HY affiliates dashboard, the marketing tools are very diverse. They are adopted to target various language groups, vary in the purpose and even the assets customers can potentially be interested in. Which is good in case we will have a Bitcoin 2.0 situation when everyone gets carzy about trading some particular asset.
I'm not that sure about revshare option being the best choice here. CPAs seem to be little more steady source of the income.

16 Mar 20 8:57 pm

yes, this can be used in promotional campaigns, I guess. HY is a regular forex broker and many of their clients trade intraday, don’t invest long-term. It will be true to tell potential customers that if they doubted whether they wanna start trading on financial markets - this is the time!

14 Apr 20 9:35 pm

In spite of the common spread opinion that affiliate marketing requires tons of investments, special software for analysis and other tricks to get that +5-10% return on your traffic expenses, this really is true that alternative approach can generate much better results. For this particular situation with forex, I’d suggest finding trading bloggers that will be willing to include the native ads in their content. Just make sure these people have some loyal auditoria.

23 Apr 20 9:57 pm

Well, loyal subscribers always leave many comments, communicate with each other there. So basically friendly comments will tell you what’s going on there in subscriber’s world. Just make sure the comments look genuine. If those are paid ones, there is no point to start promoting there. Normally, its easy to see of the community consists of real people or bots. Its like a 10 minutes investigation that you will need to do.
As for the second point… well, you’ll need to be finding bloggers that have not been spoiled with fame yet.This is your part of the job. Money doesn’t come out of air, you know..

07 May 20 2:16 pm

Unfortunately this is true that the myth of all forex brokers being a scam is really widespread. I would have thought so too if I didn’t know the guys who are actually making money with forex trading. I think if the plan is long-term and you are really interested in the niche overall, that would be nice to create some educational resource for newbies that can help them get through the first difficulties everyone faces when starts trading and then turn this resource into an affiliate source of traffic. The approach requires investing not only the money, but time as well.

25 May 20 3:27 pm

What countries did you target? And how did you like it?

16 Jun 20 8:47 pm

Good to know, thx for sharing.
I've got another idea in mind. Lots of brokers offer some kind of a bonus program, traders' tournaments, other special offers. These can probably used to hook the new customers with a better chance of subscription than simple ads and standard marketing kits and banners.

13 Jul 20 6:24 pm

Speaking of regulations, I've noticed that this is kinda great problem with brokers. People say they want a broker to have a NFA regulation or SySEC. From what I see Hy does not have a NFA regulation but a SySec only. Can this be a problem, what do you think?

15 Jul 20 8:40 pm

Correct, NFA regulation is for the USA.
American government won't be happy if you try marketing to their citizens without providing a significant security level to their funds. You know, its not worth messing with the US government lol
In any case, HY does not work with the US customers, so tht's not a problem if you ask my opinion.

19 Jul 20 12:08 am

I wouldn't consider this issue from this perspective only. You see, the NFA requires that all brokers must have at least 20 million dollars of their own cvapital invilved to support the liquidity and stability of the brokerage itself.
Moreover they charge some crazy fees so that brokers can be covered with their regulations. Inevitably this results in extra trading fees as customer have to pay for it all in the end.
CySEC works for EU customers, they also imply some limitations on the brokerage yet in some sense this regulator is preferable as they offer a balanced set of restrictions and advantages on the other side of the stick. THis is why customers from all over the work like it when the broker has got a CySEC regulations. On the one hand hey know there is a decent broker's yearly audit, on the other hand this regulation is not expensive enough to result in outrageous trading fees like it happens with NFA regulations.
Please not that non-EU customers won't be subjects to SySEC limitations on leverage, etc, as they will work with the other branch of HY, regualted by even less strict authorities. FOr them the CYSEC regulation will be nothing but a quality mark that the parent company wears.

12 Aug 20 1:26 pm

LOL, I've seen one of my facebook friends promoting the broker via his personal website

15 Aug 20 11:06 pm

Probably true, as he only shared the article from his website and definitely didn't leave any ref links in facebook directly.

17 Aug 20 3:00 pm

Agree, promoting regulated brokers should definitely be legalized everywhere. What kind of a liberty can we talk about if people aren't allowed to manage their savings as they wish. I can understand the ban of alcohol or tabacco promotion as it ruins health. But why limit people in the ways they want to spend their money. Moreover, they have a chance to trade well with HY broker either!

20 Aug 20 11:16 am

Nice question, if I know the answer, it will help me a lot.

23 Aug 20 1:50 am

Sounds good. I bet you deserve the sweetest ones. The harvest is there when the fruit is ripe though.
Let us know in any case.

07 Sep 20 3:51 pm

I hope the money is on account already. If it's not, than probably the info on the partner is not 100% reliable yet.

13 Sep 20 8:45 pm

Thanks for specifying the details, I appreciate.
Do I remember it correct, you've used the CPA approach only, correct? Are you still pleased with this choice?

21 Sep 20 3:44 pm

OMG, 7K to be sacrificed on the altar of Forex! Can't believe people don't know the other ways to waste the money.
In any case you've done well with hy affiliates. I didn't expect you to make it all the way through to tell the truth but I'm glad all went well eventually.

12 Oct 20 8:33 pm

uperald wrote:UPD from Swordseeker (discussed in PM):
On the other hand, one of my leads has funded account with $7000 and I think it could be much more profitable if such leads were coverfed with rev share or lot rebate program. The problem is you never know in advance (

uperald, I've shared that information in private communication and there was a reason for that. I don't appreciate sharing it in public without my concern. This info can be viewed as privacy sensitive by HY affiliates managers and I will need to explain why this info is in public now.

15 Nov 20 7:32 pm

Hello, everyone. I am experimenting with payment models for now. As far as I know, different Commission Types can be combined in HY affiliate. So, I want to compare them. For example, to launch one campaign on the model of a CPA, the second one – Rev-Share. Does it make sense to do this?

18 Nov 20 11:47 am

Hm, it's interesting to know how to determine which type of commission for which ad campaign is better to apply?

19 Nov 20 1:47 pm

Yes, HYaffiliates offers the highest rewards for clients from these countries. It's so.

30 Nov 20 1:45 am

Well, obviously, it's better to choose a CPA if you launch a campaign in the UAE or the UK, for example. There are maximum rewards on this model. But that's the way I think about it. Correct me if I'm wrong, please.

I've been thinking about it for a while, and I've come to the following conclusion. The choice of the commission type depends not only on geography. I mean it does matter, but with some other details to consider.
I think it's also relevant to consider the characteristics of the target audience. For example, if it's newcomers, it's definitely better to choose the CPA model. Because there is a high probability that their passion for trading will pass quickly. This means that in the long term, they will not bring you money.
And if you're targeting more advanced traders, it's optimal to use the Rev-Share model. Since these ones tend to trade long and with high volumes.

Let me tell you more about my ideas at the moment. I want to buy a Telegram channel about trading or investments. I have seen exciting ones with 20,000 - 30,000 subscribers.
I'll explain it. I noticed that trading signals are usually published in Telegram channels. That's why this messenger has all chances to become a point of concentration for traders. I'll look for them there!
But there is one issue. I will not be able to separate the audience from different countries in the Telegram. There is no targeting there. So, it's a question of how to mix different types of commissions in this case.

That's a good question. Any ideas on how to solve the problem?

18 Dec 20 3:15 pm

Hadn't thought about it! It seemed too complicated to me.

28 Dec 20 2:13 pm

Yeap, it's really about experience and being able to analyze information. By the way, it was the in-depth analytics, including that really attracted me to hy affiliates at one time.

23 Jan 21 10:11 pm

Certainly) I'm referring to the Reports section in my Personal Area. It has everything you might need in affiliate marketing, from the number of unique visitors for each campaign to attracted traders' history. It's easy to track every possible parameter and optimize your results.

29 Jan 21 9:31 am

Yes, I've heard about that too. But this is the first time I've heard about in-depth analysis in HY Affiliates.

19 Feb 21 9:42 am

Yes and no. Both. I gave up purchasing a ready-made telegram channel. It is expensive, and I'm buying a pig in a poke. So I started my own channel, which already has 2,500 readers. I have already received about 10 leads from it. And 1 referral even funded his account, so I'm waiting for my first payout!

27 Feb 21 2:09 pm

It takes about two and a half months. But my other leads haven't made the deposit yet, which makes me a little sad.

10 Mar 21 10:45 am

Congratulations to you! By the way, I also want to share my progress. There is one more deposit from a lead who registered a long time ago. So it's true that in affiliate marketing, the result does not come at once.

22 Mar 21 4:46 pm

Thnx and welcome:) I hope you found something useful here.

05 Apr 21 4:11 pm

That's interesting. Share with us the ideas that you want to take as a basis. Perhaps we can add something. I remember how much I needed support and advice at the beginning of my journey.

22 Apr 21 10:18 am

Yes, I see that you have read this thread carefully :) Well, in fact, there are no universal recipes here. Someone promotes the broker's services through the website, someone through a Telegram channel. But the main thing that you should know how to use such tools.

05 May 21 4:52 pm

The more I learn about Asian market in regard of forex the more I find this region to be the most promising one. Looks like the share of retail traders is constanly growing there. I hope I'm not missing anything.

17 May 21 7:00 pm

It's also worth noting that the fact that the number of customers in the area can't grow forever. There was the potential in Asia for sure, but the more people start trading the less potential remains LOL.
So the point is to notice the area where the potential is still huge but that's not that obvious yet.. Possibly South Americas is where the potential is, but I'm not sure.

29 May 21 11:44 am

Once again the discussion turned out to be much more useful than I could have hoped! Thanks yall for great suggestions!

14 Jun 21 10:21 am

I’ve heard about chat-bots to create auto-funnels for sales in Facebook messenger. The basic idea is to create a conversation algorithm, describe possible objections and make the robot talk to leads with the purpose of pushing them to make an action. Has anyone tried this approach?

27 Jun 21 4:51 am

You should not bother about that. Especially if you target people ready to invest last cash in margin trading with a high leverage haha. But I agree about the human factor. The only concern is that talking to all of the leads is time-consuming, but conversion jumps in that case. Try to offer additional services like consulting or market analysis or education.

14 Aug 21 3:56 am

That might be interesting for some audience, but you should understand that you will need to post a series of such videos or host webinars constantly. Again, you will need to promote them as the market is full of such content. Need to have a unique sales point to attract people. Something unusual. Like trading without any technical indicators using a pure price action.

30 Aug 21 4:14 pm

You’d better keep in mind that a lot of people will join free webinars just to harm you. So if you want to host them live, then you should mute all of the participants and not allow them to use drawings and screen sharing. I had a bad experience. One guy can spoil many efforts.

13 Sep 21 3:06 pm

Let me tell you a thing. I used to have a partnership agreement with another broker a couple of years ago, and I find the HY platform much more convenient and informative. I’m sure that I will get every piece of information I need for a detailed analysis of my results here. I use the number of registrants in relation to the number of depositors to get the full picture of the conversion rate. I mean the number of views and click matter but the real result is seen when people register and deposit, right? If they don’t make the second step, there’s a trouble at the very last stage of the process, so you could make some conclusions out of that.

26 Sep 21 4:54 am

Well, there could be a bunch of reasons for that. One of them is related to the quiz that HYCM has as the protection from regulators not to let inexperienced traders into the risky environment. I had a couple of cases like that. A guy wanted to trade but failed to pass the test. So he had to wait for another chance afterwards.
Some people could be not so serious when registering a live account. Their plans could change or they could just lose the amount they wanted to deposit to HYCM with another broker. My point is that it happens and it really hurts the overall conversion rate.

11 Oct 21 7:01 pm

Do you guys use some kinds of news feeds to attract clients for the HY affiliate program? If yes, what are the results?
For instance, I see the price of oil breaking through several long-term resistance levels in its uptrend. Is it going to continue, or should we find reversal points? Such a question might get the audience interested, I suppose.

23 Oct 21 5:26 am

Before making any forecasts, you should understand the background of the recent price action. The black gold is not only a commodity, the price of which is determined by demand/supply factors. It’s also a speculative instrument. The equity market appeared under the selling pressure on profit-taking flows and rumors about the Federal Reserve’s possible step to hike the interest rates. As a result, we have additional inflationary pressure from the side of commodities and other materials required for manufacturing and production. So the price of oil could easily keep surging. Just do not forget about possible retracements when you pitch that to your leads.