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☑️NEW HYaffiliates.com Reviews

Yugocean

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HY Affiliates is affiliate network for financial markets, this network provides its services to all sectors, forex, metals, equities, oil/gas, & commodities.

Affiliates have offers with methods of CPA, RevShare, Lot Rebate types. HY Affiliates use Etrass system to track. This system also pays Up to 5% bonus of referral earnings.

Minimum Payout accepted is $100 which is paid monthly. Methods for payment accepted by network are -Skrill, WebMoney, Trading Account, Wire Transfer.
 

Shagar

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Has anyone tried HY affiliates program? It looks very attractive in terms of payouts, but is it realistic to make money with promoting a brokerage? From what I've heard forex trading hasn't got the best reputation ever among eople that don't know much about it.
 

Stoneshaper

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Why do you think you have to promote "among people that do't know much about it"? Isn't it a good idea to start using all the available knowledge about this business from tjhe very beginning. If you know people perceive it as a scam normally, promote among those who know this is not a scam but look for a decent brokerage. The only question is whether hy affiliates offer access to a decent brokerage that traders can really be intereted in.
 

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Well, that's actually a good point about romoting among non-newbies. As for the reliability of the brokerage, I guess HYCM that hy affiliates suports can be considered reliable enough. They are regulated and have been in business for ages. That's a well-known company with an established reputation.
 

Grozahn

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I trade with HYCM from time to time. The fact is that the broker must be regulated - that's the first thing. Normally people invest much more than minimal deposit and their trading capital exceeds a thousand of USD equivalent. This is why reliability is the first factor that they consider.
Reliability is the first and the most important reason that made me choose HYCM among other brokers. It's been on the market like... forever, sinceonline trading emerged? It's also got all the licenses and regulations.
 

Shagar

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Did you really check all those licenses and regulations before investing? I thought that trading fees is what people find to be the most important.
 

Grozahn

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Trading fees matter, but they matter to optimize the returns. The less you spend on commissions, the more you gain on the market. People that do lots of trades every day consider fees to be the crucial factor. If they don't, the trading costs may exceed the earnigs, which makes the whole idea pointless.
I don't trade that frequently, but I guess even if I did, the fees would have been affordable at HYCM.
Regualtions matter for every trader, as this is the matter of the safety of all the capital.
 

Shagar

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What's the difference between regulation and a license?
Do you think this is possible to make money promoting the broker via HY affiliates program?
 

Grozahn

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License only means the company is legit, has the right to provide financial services and pays taxes somewhere. Regulations can be different. Depending on the country of origin of a customer, the broker offeres the terms and agreements of its subsidiary that works under particular regulator's supervision. For example, UK customers want to be under FCA HYCM regulation, european cusotmers - under CYSEC. Regulator's goal is to protect investors/traders. They make sure the broker is financially stable and does no scam of any kind. The other end of this stick - regulators often limit leverage that a broker can provide to minimize retail trader's risks.
Considering that HYCM was my personal choice yeah, I think some other people might also be interested in trading with this company, so you can earn smth with HY affilates. The broker is quite good. Yet, there are many other brokers on the market. So the success will depend on the marketing means you will use.
 
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