Review of Hy Affiliates
Hy Affiliates is a Forex affiliate program created by the Forex and CFD broker HYCM (regulated by FCA of UK) in order to obtain new customers by promoting their services through affiliates who have at their disposal different types of marketing tools based mainly on the Internet. Depending on the amount of referred customers (traders) and the payment plan chosen by the affiliate, is possible to achieve large gains with Hy Affiliates. This affiliate program is a good option for those webmasters who wish to monetize websites or blogs whose subjects are related to the financial markets and mainly with the Forex market, especially if these sites have a good level of traffic.
Hy Affiliates offers two payment plans to their affiliates, CPA and Revenue Share, from which the affiliates can select the most appropriate according to their profile. For example, if the affiliate prefers a fixed payment for each referred client the best option to choose is the CPA, but if the affiliate wants a payment scheme that allows sharing some of the profits obtained by the broker with the referred customers, the best option, in this case, is Revenue Share.
The registration in the affiliate program HyAffiliates is completely free as well as the use of all marketing tools that are available to affiliates. In this case, the affiliate does not need to open a trading account with HYCM for joining the program.
Marketing resources of Hy Affiliates
- Dozens of banners of various types (gif and flash) and all sizes in several languages, including English and Spanish. The affiliate can include these banners on any section of its website, as these are a very effective method to promote a broker like HYCM.
- Text ads that can be used in promotional campaigns in search engines like Google (Google AdWords) and Yahoo for example. Text ads are also a very useful tool to advertise the services of a company such as HYCM.
- Destination links which can be used to direct potential customers referred by the affiliate to specific pages of the broker`s website that detail different services offered by these brokers. These links can be placed in any section of a website or blog as a method of deriving traffic.
- Tools of e-mail marketing designed to promote the broker via email.
- At this point, the affiliate must be aware that none of these tools can be used to send spam (unwanted and invasive advertising), which is strictly and specifically forbidden by this affiliate program. The affiliate who violates this rule could be immediately suspended.
Subaffiliate program of Hy Affiliates
- Make money promoting the services of the broker HYCM.
- Make money promoting the same program Hy Affiliates.
Summary of the general characteristics of Hy Affiliates
Below are the main characteristics of this affiliate program:
| Program | Hy Affiliates |
|---|---|
| Year of establishment | 2009 |
| Promoted Broker | –HYCM |
| User Panel to control the account | Yes |
| Updated and comprehensive reporting of statistics (traffic, referred accounts, money earned, etc) | Yes |
| Payment Plans | -CPA: A variable CPA from $75 to $200 for each trading account, depending on the number of clients referred by the affiliate. -Revenue Share: A variable payment from 15% to 25% of the earnings obtained by the broker with each trade made by the referred customer. The percentage paid depends on the amount of referred traders. -Hybrid: No. |
| Subaffiliate Program | Yes, it pays 10% of the profits obtained by the sub-affiliates. |
| Payment Methods |
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| Minimum Payment | $100 |
| Languages | English, however, it offers marketing tools in several languages |
| Additional Note | HyAffiliates is an interesting Forex affiliate program that allows to promote a properly regulated broker like HYCM and has a wide variety of marketing tools to promote this company. Also, their payment plans are very competitive. |
Link to join Hy Affiliates:
Most importantly broker has got multi-language support on their side. I’m OK with English only for communication with HYCM on affiliate program. But if it’s true they’ve got marketing tool in several languages, that’s a brilliant deal! Having a look at the website, looks like Arabic and Spanish are supported as well as a dozen of other languages. Great! I’m in!
Can really recommend the company for partnership. The marketing kit they offer has all you need for successful work on recruiting new users payments arrive as scheduled, there is variety in the way you can structure these payments. Most importantly, HYCM has really got some competitive advantages in comparison with other brokers, so this makes the efforts fruitful.
I like the fact that I trade with a reliable regulated brokerage. I know that some brokers offer significant bonuses and attract customers this way, but my approach is different. I am myself very scrupulous about all the paperwork and this is what I demand from my partners. HYCM has provided me the full set of legal documents, they are licensed to work in my country and are regulated with some well-known authorities. So I feel my capital is safe here.
Has anyone tried working with HY affiliates? Are payouts aoutomated there anyhow?
I found the sub-affiliate program to be a bit tricky to my taste, but its true that HY affiliates has got some nice sets of marketing tools. Information is never outdated, colors and fonts used are pretty, promo offers are rather attractive and normally have a significant response from the target audience.
What are the best countries to target in your opinion? I mean not the best paid, but the best in terms of convertion and final overall payouts?
Thailand, Vietnam, Malaysia are probably the best and the whole Asian region is good overall. Just keep in mind they don’t really invest a lot from the very beginning and don’t have extra large deposits overall.