Most forex brokers promote their business by making fantastic offers, bonuses, and mouth-watering possibilities to attract new and existing investors to their business.
Promos can be of different kinds: loyalty cash back, welcome bonus, e-books, refer a friend time zone demo contest, webinars, affiliates, free VPS, live competition, Christmas bonus, VIP offers in this article we would be throwing more light on some of the offers mentioned above.
Cashback Withdrawable Refund Bonus: How It Works: Register for an Account. Join the promotion in the promo by Reading and Accept the Terms & Conditions. Make a Deposit. Trade and Receive Cashback weekly!
The simple example of loyalty cash back:
For being a loyal customer get a refund for the 30days subsequent to your deposit as follows:
Deposit up to 15000 USD – Get a $2 USD rebate per lot traded, up to $500 USD
Deposit up to 15001-30000 USD Get a $3 USD rebate per lot traded, up to $1,500 USD
Deposit up to 30001-60000 USD - Get a $4 USD rebate per lot traded, up to $3,000 USD
Deposit up to 60001-120000 USD -Get a $5 USD rebate per lot traded, up to $5,000 USD
Deposit $120,001 USD or more – Get a $5 USD rebate per lot traded, up to $10,000 USD
WEBINAR; A webinar is an event held on the internet which is attended exclusively by an online audience. It is different from a webcast where there is no online audience, which also includes the presence of a physical audience. Other terms used to describe a webinar are podcast, web seminar, web event, webcast, web lecture, symposium and virtual event. A webinar is designed and set up with the aim of guiding, educating and leading potential investors to succeed.
WELCOME BONUS is usually a reward for registration and opening account with a broker some brokers might offer as much as 50$ or even as high as 500$.
EBooks: provide the basic information on Forex trading. You can learn basic concepts of the Forex market, the technical and fundamental analysis. Regularly recommended for each new Forex traders, they won't be extremely helpful to the exceptionally experienced brokers.
Almost all Forex e-books are in PDF format. You'll need Adobe Acrobat Reader to open these e-books. Some e-books (those that are in parts) are zipped.
Affiliates: in forex trading is a partnership program that allows an investor promote the brand of a popular forex brand in return for commission and as the
The online trading sector keeps growing exponentially as more and more people recognize the opportunity to profit – no matter how challenging the economic environment.
For this article, this is the few promos we would be touching on but if you are interested in knowing more the other promo alternatives are listed above.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.