Promotions offered by the Forex companies
There are many different types of trade promotions which are exclusively
provided by the Forex brokers and online companies. Besides the Forex
bonuses and contests there are also promotions without any specific name
which are commonly offered by the Forex brokers. In order to get
familiar with them let's look through these trade promotions examples.
Choose the Best Forex Brokers Right Now!
http://www.topforexbrokerscomparison.com
The first and the most popular type out of the Forex offers is refer a
friend promotion. In this type of promotions the traders are encouraged
to attract their friends as new clients for the Forex broker. If the
traders genuinely refer the friend to the broker website, then they
simply get eligible for some particular amount of reward money which
will be provided to them whenever they trade with Forex using the same
broker company. In the majority of companies refer a friend is also
introduced as a partner program. But this promotion usually differs from
the similar partner programs such as Introducing Broker. For example
the IB usually gets the revenue share from the trades of his attracted
client and the trader participating in refer a friend promotion is paid a
certain amount of money for every attracted client.
The promotional trading offers surely provide great benefits to the traders as well as the service provider.
Another widespread promotions are so called Forex freebies. This
promotion type gives an opportunity to win different prizes or
privileges for trading with the broker. The trader usually has to make a
certain trading volume in order to get his prize. Taking part in the
freebies, the trader can get absolutely different privileges: winning
some technical devices, getting a free educational course, getting some
amount of discount on any particular day trading, getting some money
prize, special discounted programs on special occasions like Easter
etc., commission free deposits and many more.
There is also a rebate program which is presented as a trading promotion
by some Forex brokers. This program implies that the trader will get
back the part of the spread for trading (usually it means trading a
certain volume). It is worth saying that rebates are also called
cashback in some companies. Rebate program is very attractive for
traders because it doesn't require any additional action except trading.
In order to get rebates trader solely needs to continue doing his
favorite job.
The Forex promotions are of immense types, each and every online broker
is actually busy in offering new and interesting promotions to their
clients because in this way the trading websites also get several
advantages like higher rankings and more exposure. These promotions are
just a medium to facilitate the Forex traders and offer a wide scope of
advantages to them. The promotional trading offers surely provide great
benefits to the traders as well as the service provider. But one thing
must be kept in mind that there are some types of trade promotions in
which the traders are not required to fulfill any criteria like the free
opening of Forex accounts, because they are just free of cost.