Glossary
Glossary

Enhance your Knowledge with our Comprehensive Glossary
Business knowledge is a strategic asset and is an important factor in determining the overall success of a business. An educated business manager is ultimately a better and more effective leader. It is a key factor, forming the nucleus of a well-run, profitable company.
In a competitive global marketplace, gaining expert knowledge through the study of key terminology can help to give give your company the edge over the rest. Check out our comprehensive list of key terms especially selected by our team of experts, below.
Become an IronFX affiliate today!
Enhance your Knowledge with our
Comprehensive Glossary
Business knowledge is a strategic asset and is an important factor in determining the overall success of a business. An educated business manager is ultimately a better and more effective leader. It is a key factor, forming the nucleus of a well-run, profitable company.
In a competitive global marketplace, gaining expert knowledge through the study of key terminology can help to give give your company the edge over the rest. Check out our comprehensive list of key terms especially selected by our team of experts, below.
Become an IronFX affiliate today!
Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
The A-Z of Affiliate Key Terms
Affiliate Marketing
Is the process of earning a commission by promoting another company’s products.
Asset
Is an economic resource which can be owned or controlled to return a profit, or a future benefit. In financial trading, the term asset relates to what is being exchanged on markets, such as stocks, bonds, currencies or commodities.
Conversion Rate
Is the percentage of visitors on your affiliate website (out of the total number of visitors) that convert – i.e. when a client opens a forex account and/or deposits funds.
CPA
Cost Per Acquisition or CPA is where an affiliate receives a pre-determined fixed amount or commission for referring a depositing client or forex trader.
CPL
Cost Per Lead or CPL is where an affiliate receives a pre-determined fixed amount or commission for referring a client or forex trader who opens a demo or trading account, but does not necessarily deposit funds.
Rebates
Are ongoing commissions that are based on trading volume. Affiliates receive comissions on every trader their referral makes, so long as they continue using the same platform.Revenue Share
Is a commission that is paid based on how profitable the referral turns out to be on the whole – which can also include losses, as well as profits.Spread
Is the difference in pips between the ask price and the bid price. The spread represents the brokerage service costs and replaces transaction fees.Spreadshare
A commission where an affiliate earns a portion of the spread from every trade a referred client makes, on both the opening and closing of a deal.Sub-Affiliate Commission
Also known as second tier commission, it is where commission is paid for referrals who then go on to refer others to the same broker.Sub-Affiliate Networks
Are made up of people who join a two-tier affiliate program after being referred to it by another affiliate.Volume of Trade
Is the total number of shares or contracts traded between a buyer and a seller for a specified security over a period of time. It is measured on stocks, bonds, options contracts, futures contracts, and all types of commodities.The A-Z of Affiliate Key Terms
Affiliate Marketing
Is the process of earning a commission by promoting another company’s products.Asset
Is an economic resource which can be owned or controlled to return a profit, or a future benefit. In financial trading, the term asset relates to what is being exchanged on markets, such as stocks, bonds, currencies or commodities.Conversion Rate
Is the percentage of visitors on your affiliate website (out of the total number of visitors) that convert – i.e. when a client opens a forex account and/or deposits funds.
CPA
Cost Per Acquisition or CPA is where an affiliate receives a pre-determined fixed amount or commission for referring a depositing client or forex trader.
CPL
Cost Per Lead or CPL is where an affiliate receives a pre-determined fixed amount or commission for referring a client or forex trader who opens a demo or trading account, but does not necessarily deposit funds.