407-610-2417

Forex Broker SEO Case Study: From 43.6K to 186.9K Monthly Organic Traffic Growth

We collaborated with a multi-regional Forex trading platform to increase visibility across six key markets — Nigeria, Iran, Malaysia, India, Vietnam, and South Africa. Focusing solely on high-quality link building, we achieved remarkable organic traffic growth across all regions despite limited access to technical or content updates.

+%
overall traffic growth across 6 priority GEOs
+%
keyword visibility growth
+%
growth in Top-3 keywords
FXTM Logo
CLIENT
FXTM
Industry
Finance & Trading
Business Type
Online Forex Broker
Services Provided
Dedicated Team, SEO, Link Building
George Sklavounos

We were impressed by the quality of the work and the effectiveness of the processes used to manage and complete the campaign and projects.

The report provided by SeoProfy was detailed and thorough. The team produces quality results in a timely manner, collaborating with our internal team every step of the way. They are hard-working and detail-oriented.

George Sklavounos
SEO Manager
SEO Manager

The Challenge

The multilingual Forex broker’s website had 11 language versions and over 2.8K referring domains, most of which were low-trust or spammy. Severe technical issues, duplicate content, and client restrictions on on-page changes forced the team to rely entirely on link building to drive growth.

  • Critical technical SEO errors
  • Duplicate and unoptimized content
  • Low-quality backlink profile
  • Limited access to technical and content updates

Solution

We executed a multi-stage SEO program focused on technical diagnostics, backlink cleanup, regional link building, and visibility recovery across six GEOs.

Technical audit & cleanup

Identified sitemap, robots.txt, and pagination errors; corrected canonical conflicts; and addressed duplicate metadata and slow-loading pages.

Content structure improvement

Prepared guidelines for updating short, duplicate, and untranslated content — although client implementation was limited.

Backlink audit & disavow

Removed toxic domains, disavowed spam anchors, and rebuilt trust through clean, region-specific referring domains.

Targeted link building strategy

Focused solely on high-quality link acquisition: Each GEO received 10+ guest posts and 30+ community backlinks, gradually enhancing their regional visibility.

Results

Organic traffic increased steadily across all six GEOs, achieving strong, region-specific growth driven purely by high-quality link building.

  1. +329% total organic growth

    Monthly traffic increased from 43.6K to 186.9K users, driven by consistent link acquisition and gradual domain trust improvement across all GEOs.

  2. +43% growth in Top-3 keywords across target GEOs

    The number of keywords ranking in Google’s Top-3 positions increased by 43% — from 1,785 to 2,558.

  3. +1,286% keyword visibility growth

    Target keyword visibility increased from 7 to 97 out of 100, marking a nearly fourteenfold improvement in tracked search coverage.

Forex Broker SEO Case Study Result

The Beginning of Cooperation

Domain Age 19 years
Niche / Market Online Forex Broker
GEOs Nigeria, Iran, Malaysia, India, Vietnam, South Africa
Target Languages 11 language versions
Monthly Organic Traffic (start) 43.6K users
Backlink Profile 2.8K referring domains (mostly low-trust)
Pages 50K+

At the start of 2023, the client approached us to scale visibility and traffic across six key GEOs, aiming to boost conversions for their top trading products.

However, due to internal resource limitations, we had no access to implement technical or content updates — meaning link building was the only lever available to achieve growth.

Main Issues

Our cooperation began with a full SEO audit and competitive analysis to identify the most critical roadblocks.

Technical SEO

  • An incorrectly configured robots.txt file and sitemap errors
  • Pagination and canonicalization issues
  • Slow loading speeds for individual pages
  • Duplicate metadata across languages

Content

  • Duplicate and short content on focus pages
  • Non-unique or untranslated texts across language versions
  • Weak internal linking between key money pages and supporting blogs

Links

  • 2.8K referring domains, mostly spammy and low-trust
  • Over-optimized anchor text profile
  • Frequent spam attacks from competitors

Challenges

The website operated in highly competitive trading markets across multiple regions — each with unique search behavior and language signals. The client was unwilling to implement technical fixes or content rewrites, so our team had to rely purely on link building and off-page signals to increase rankings.

Our main challenge was to stabilize rankings and grow traffic organically under these limitations, ensuring that every new referring domain was relevant, trusted, and region-specific.

Project Strategy Development

We divided the work into three stages, focusing on strategic link growth and risk management:

  1. Initial Stage: Competitor research, link profile audit, and SEO strategy creation
  2. Implementation Stage: Regional link building and anchor optimization
  3. Calibration Stage: Continuous link velocity control and disavow management

To execute this strategy effectively, each GEO (Nigeria, Iran, Malaysia, India, Vietnam, and South Africa) was assigned an outreach specialist responsible for local site selection and anchor analysis. This ensured natural growth patterns and clean backlink profiles tailored to regional search behavior.

Team

  • Senior SEO Specialist: Strategy development and performance control
  • Link-Building Manager: Regional link acquisition and outreach quality
  • Analyst: Competitor backlink monitoring and visibility tracking
  • Account Manager: Reporting, communication, and progress alignment with the client

Competitor and Market Analysis

We analyzed the client’s primary competitors in each GEO using Ahrefs and SERP data, identifying anchor types, donor domain authority, and topical overlap. This allowed us to understand how leading brokers gained visibility regionally and replicate safe link building patterns.

We discovered:

  • Competitors used gradual link velocity increases (not spikes)
  • Most backlinks came from financial news portals or blogs
  • Anchor ratios favored brand + partial match keywords
  • Regional TLDs (.ng, .in, .vn) had stronger weight in local SERPs

Based on these insights, we built a balanced anchor plan and domain selection checklist for each GEO.

Action Plan Development

The final roadmap focused on gradual link growth and spam control:

  • Conducted a full link audit and disavowed toxic domains
  • Cleaned anchor list from over-optimized and spammy terms
  • Developed a per-GEO outreach strategy
  • 10+ guest posts and 30+ community links per month
  • Focused on regional domains (.ng, .ir, .vn, etc.)
  • Controlled link velocity to maintain organic growth
  • Monthly progress reviews to track visibility and traffic trends

Work on the Project

Stage 1: Audit and Strategy Setup

We performed a complete analysis of the link profile, anchor distribution, and competitive gaps. Based on this, we defined the minimum link quality thresholds and referring domain parameters for each GEO. Each regional team started with gradual link building to ensure stability and avoid unnatural spikes.

Stage 2: Link Building Implementation

We focused on relevance, trust, and geography. Every month, we built 40–50 links per region (a mix of guest posts and manual submissions). Each domain was checked for authority, topical relevance, and non-spammy backlink profiles.

We tracked:

  • Link type ratios (do-follow/nofollow)
  • Anchor text balance
  • Referring domain growth dynamics

Stage 3: Disavow and Risk Management

Frequent spam attacks from competitor bots increased the risk of penalties. Our team created a rolling Google Disavow list, updated every 3–4 weeks, targeting 5–10% of the most toxic links each cycle. This controlled cleanup helped stabilize rankings and strengthen domain trust.

Results

In less than two years of work, the project achieved significant organic traffic and visibility growth across all six target GEOs. Through consistent link-building and careful backlink cleanup, the site’s performance improved steadily — even without technical or on-page updates.

Key achievements included a +329% total traffic increase and +1,286% keyword visibility growth (from 7 to 97 out of 100). According to Ahrefs, the domain reached 203K organic visits per month, ranking for over 63.8K keywords with a Domain Rating (DR) of 76 and nearly 10K referring domains.

Regional Growth Highlights

Below is a breakdown of the results achieved across each target GEO we focused on during the campaign.

Nigeria

In less than two years, our SEO work boosted organic traffic in Nigeria from 10.1K to 59.8K users per month

Before:

Nigeria Traffic Before

After:

Nigeria Traffic After

Iran

Within one year of SEO work, organic traffic in the Iranian market grew from 13.2K to 56.5K monthly users.

Before:

Iran Traffic Before

After:

Iran Traffic After

Malaysia

In just 14 months, organic traffic in Malaysia rose from 3.2K to 12.9K monthly users — a 303% increase driven by targeted SEO.

Before:

Malaysia Traffic Before

After:

Malaysia Traffic After

India

In just 1.5 years, our SEO efforts in India boosted organic traffic from 4.3 K to 15.6 K users per month.

Before:

India Traffic Before

After:

India Traffic After

Vietnam

In just 14 months, organic traffic in Vietnam rose from 6.5 K to 20.7 K monthly users — a +218 % increase driven by steady SEO activity.

Before:

Vietnam Traffic Before

After:

Vietnam Traffic After

South Africa

In 1.5 years, our SEO efforts in South Africa boosted organic traffic from 6.3 K to 19.4 K users per month.

Before:

South Africa Traffic Before

After:

South Africa Traffic After

Conclusion

The main challenges in this project were constant spam attacks from competitors and the client’s reluctance to implement technical, content, or on-page changes.
To protect the site’s authority, we carefully disavowed low-quality backlinks via Google Disavow, reviewing each domain manually to avoid losing valuable links.

Next, we developed tailored link-building strategies for each target GEO, combining outreach on trusted thematic websites, selective PBNs, and high-quality manual submissions.
This regional focus helped us steadily expand authority and visibility across all six markets, despite the limited on-site control.

As a result, keyword visibility increased from 7 to 97 out of 100, while organic traffic grew significantly in every region:

  • Nigeria: +5.9× → 59.8K users/month
  • Iran: +4.3× → 56.5K users/month
  • Malaysia: +4× → 12.9K users/month
  • India: +3.6× → 15.6K users/month
  • Vietnam: +3.2× → 20.7K users/month
  • South Africa: +3.1× → 19.4K users/month

Despite limited access to on-page SEO, we achieved a +329% total traffic increase and 1,286% keyword visibility growth purely through strategic, high-quality link acquisition.

If you’re looking to achieve similar SEO results for your trading or finance project, let’s discuss your goals and growth opportunities. Contact our team to learn how a region-specific SEO strategy can drive measurable organic growth for your brand.

Explore our Crypto SEO Case Study: 6× Organic Traffic Growth to see another example of how strategic SEO delivers measurable success.

Ready to grow faster with SeoProfy?

Let’s turn your traffic into revenue. SeoProfy combines deep SEO expertise, data-driven strategy, and transparent results tracking to help your business grow faster and stronger in any market.
img

Other Case Studies

FXTM Logo
+329%
overall traffic growth across 6 priority GEOs
8 minutes read
Changelly Logo
+509%
total organic traffic
9 minutes read
ibis
+65%
organic traffic growth in 12 months
3 minutes read
JunkCarsUs
+500%
Increase in organic traffic
13 minutes read
StoryboardThat
+400%
of attracted quality leads
12 minutes read
CoolUtils
10x
increase in organic traffic
16 minutes read