XM can get paid as an affiliate, and depending on how you do it, you can earn quite a lot of money. We will explain the mechanism of XM affiliate, rewards, and how to open a partner account in order. At XM, you can receive affiliate rewards in two patterns.
- What is an IB?
- 2 types of affiliate
- How XM Affiliates Work
- XM affiliate rewards
- How to start XM Affiliate Account opening method and procedure
- How to become an XM affiliate
- Do affiliates make money?
What is an IB?
IB is an abbreviation for Introducing Broker. Like XM, IB is a mechanism that allows you to receive rewards for each introduced trader’s trade. An IB is like an advertising agency.
2 types of affiliate
XM affiliates have two types of plans. If you want to become an affiliate, open a sub-affiliate campaign account and register as a partner. If you can register, you can recruit traders in trader campaigns.
A trader campaign is a plan in which rewards are generated according to the trading volume of introduced traders. You can get a reward by calculating 1 lot = 3 to 10 dollars. If you invite 10 traders and each trades 20 lots per month, you can get a maximum reward of 60,000 to 200,000 yen.
Sub-affiliate campaign is a plan that allows you to receive part of the reward by inviting another XM affiliate. It is a mechanism that you can get “10% of the reward” earned by the solicited XM affiliate. At XM, if you can recruit excellent affiliates, you can earn unearned income.
How XM Affiliates Work
Unlike regular ASP affiliates, XM affiliates do not generate money upon registration, but rather rewards are generated when users who have opened an account make transactions. There is a strict point that rewards do not occur just by registering. Since the result point is farther than a normal affiliate, it takes time to generate rewards, but as the number of people who continue trading increases, the rewards will also increase.
XM Affiliates do not require screening to use their services. Even inexperienced users can easily get started. Affiliates usually have to get approval from advertisers. In some cases, it will not be accepted if it does not match the site or the quality of the article is not good.
No result cancellation
XM affiliates are also attractive in that there are almost no cancellations. Affiliates promote products on the site and get paid when readers actually purchase them. However, even if the reader goes through the procedure, it does not necessarily go to the purchase. In the case of XM, the reward will be paid as long as the procedure is completed. This is a great service for affiliates.
Affiliate Dedicated Manager
When you sign an affiliate partner contract with XM, you become an affiliate to a dedicated manager You can consult directly about it. If you use this support well, you will also be able to increase your affiliate earnings.
XM affiliate rewards
|Reward per lot||3$||7$||7$||9$||10$|
XM affiliate rewards start at $3 per lot. Depending on how many points you earn in 30 days, your level will change for the next 30 days. The maximum reward is $10 per lot.
Points reset next month
At XM Affiliates, level points are reset in the following month. Your rank will never go down. Once you become silver, you will receive rewards as silver rank the next month.
XM affiliates are also attractive because payouts are made weekly. If you are an XM Affiliate, you will receive frequent payments as your profits are locked in every week. In the future, it is recommended for those who want to make affiliates one of their living expenses.
How to start XM Affiliate Account opening method and procedure
I will explain how to become an affiliate of XM and how to open an account. To use the XM affiliate program, you must open a “partner account”. You can access the partner account opening page from the link below.
Registration of personal information
To participate in the partner program, you must register your personal information.
Name: Enter in romaji Date of Birth:
Selectable Country of Residence:
Select your country of residence Prefecture/City: Enter the district where you live, such as Minato-ku
Ward/town name: Enter the district where you live, such as ikebukuro
Street address/room number: For condominiums/apartments, enter up to the room number
Postal code: Enter your postal code such as 123-4567
Phone: Registration required
Email: Registration required
Skype: no registration required
MSN: Registration not required
WeChat: no registration required
QQ: Registration is not required
Company Name: Enter if applicable
Website: URL of the website operated by you
Consumption tax number: Own consumption tax number
Once you have entered your details, click “Open partner account”. Submitting the information will complete the registration process.
Verify email address
You will receive an affiliate partner verification email from XM. By accessing XM from this email, your email address will be authenticated to XM.
Login to XM partner page
If you access XM from the email you receive from XM, you will be logged in to the partner page. At this stage, upload the required documents and activate your XM affiliate account.
How to upload your ID and address proof documents
After logging into the XM partner page, click on the “Upload Documents” tab. You will then be required to submit the following two documents:
Photo ID: passport, driver’s license, My Number Card
Address confirmation document: Within 6 months from the date of issue, various bills and usage details (utility bills such as gas, water, electricity, etc., credit card details, etc.) showing your address
Take a picture of the certificate with a smartphone or scan it with a scanner and upload the image data. If the image quality is poor, it may be re-uploaded, so please send a clear image. Once your XM affiliate account has been activated, you can start affiliate marketing.
How to become an XM affiliate
The XM partner page has tabs such as ‘Marketing Materials’ and ‘Links’ where you can find affiliate links. “Affiliate link” is used when doing trader referral affiliate. On the other hand, the “sub-affiliate link” is used when sub-affiliating. By pasting this affiliate link on your own website, you can increase the number of XM traders and affiliate partners.
Do affiliates make money?
There are three risks to affiliate with XM:
it takes time to earn money
Affiliate is a risk that it takes time to earn money. You will have to wait at least a year or more before you have enough money. It is not recommended for those who want to increase their side business income in the short term, or who want to be able to live on affiliate income alone. Furthermore, in recent years, the number of affiliate entrants has increased rapidly, so it will take more time to earn money. If you don’t grab the image that you can earn in the long run, you will definitely fail.
The reward varies depending on the trader’s trading volume
Affiliate risk is that the reward will move depending on the trader’s trading volume. If the trader who was making money stops trading, the reward will be greatly reduced. XM affiliates are not as stable as an office worker’s salary. There are places where the top and bottom are intense, so you need to accept that point.
Clearly stated that it is not intended for Japanese residents
The risk of XM affiliates is that if you solicit for Japanese residents, it may become illegal. In order to carry out a lifetime commission system FX affiliate for Japanese residents, you must originally have a “Type 1 Financial Instruments Business License” yourself. When operating a website by yourself, it is necessary to include a statement such as “This site and applicable services are not intended for residents of Japan” on the page.